VERE.DE vs. H4ZA.DE
VERE.DE (Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating) and H4ZA.DE (HSBC EURO STOXX 50 UCITS ETF EUR) are both Europe Equities funds - VERE.DE tracks the FTSE Developed Europe ex UK while H4ZA.DE tracks the EURO STOXX® 50. Both are passively managed. Over the past 5 years, VERE.DE returned 9.33%/yr vs 12.12%/yr for H4ZA.DE. With a 0.96 correlation, they move nearly in lockstep. VERE.DE charges 0.10%/yr vs 0.05%/yr for H4ZA.DE.
Performance
VERE.DE vs. H4ZA.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with VERE.DE having a 7.51% return and H4ZA.DE slightly lower at 7.24%.
VERE.DE
- 1D
- 0.75%
- 1M
- 3.71%
- YTD
- 7.51%
- 6M
- 10.09%
- 1Y
- 15.98%
- 3Y*
- 13.74%
- 5Y*
- 9.33%
- 10Y*
- —
H4ZA.DE
- 1D
- 0.77%
- 1M
- 4.72%
- YTD
- 7.24%
- 6M
- 8.63%
- 1Y
- 15.73%
- 3Y*
- 16.60%
- 5Y*
- 12.12%
- 10Y*
- 10.80%
VERE.DE vs. H4ZA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VERE.DE Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating | 7.51% | 21.22% | 6.82% | 17.62% | -12.44% | 24.56% | 2.46% | 7.56% |
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 7.24% | 22.26% | 13.81% | 22.59% | -8.87% | 23.72% | -2.73% | 7.87% |
Correlation
The correlation between VERE.DE and H4ZA.DE is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2019 | 0.96 |
The correlation between VERE.DE and H4ZA.DE has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.
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Return for Risk
VERE.DE vs. H4ZA.DE — Risk / Return Rank
VERE.DE
H4ZA.DE
VERE.DE vs. H4ZA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating (VERE.DE) and HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| VERE.DE | H4ZA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.18 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.55 | 1.43 | +0.12 |
| Martin ratioReturn relative to average drawdown | 5.69 | 4.85 | +0.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VERE.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 0.98 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.69 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.59 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.41 | +0.19 |
Drawdowns
VERE.DE vs. H4ZA.DE - Drawdown Comparison
The maximum VERE.DE drawdown since its inception was -34.75%, smaller than the maximum H4ZA.DE drawdown of -38.41%. Use the drawdown chart below to compare losses from any high point for VERE.DE and H4ZA.DE.
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Drawdown Indicators
| VERE.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.75% | -38.41% | +3.66% |
Max Drawdown (1Y)Largest decline over 1 year | -10.25% | -10.97% | +0.72% |
Max Drawdown (3Y)Largest decline over 3 years | -16.24% | -16.40% | +0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -22.81% | -23.26% | +0.45% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.41% | — |
Current DrawdownCurrent decline from peak | -1.29% | -0.50% | -0.79% |
Average DrawdownAverage peak-to-trough decline | -5.27% | -7.84% | +2.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 3.24% | -0.44% |
Volatility
VERE.DE vs. H4ZA.DE - Volatility Comparison
The current volatility for Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating (VERE.DE) is 4.33%, while HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.DE) has a volatility of 4.95%. This indicates that VERE.DE experiences smaller price fluctuations and is considered to be less risky than H4ZA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VERE.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 4.95% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 11.30% | 12.99% | -1.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.90% | 15.99% | -2.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.04% | 17.50% | -2.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.08% | 18.17% | -1.09% |
VERE.DE vs. H4ZA.DE - Expense Ratio Comparison
VERE.DE has a 0.10% expense ratio, which is higher than H4ZA.DE's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VERE.DE vs. H4ZA.DE - Dividend Comparison
VERE.DE has not paid dividends to shareholders, while H4ZA.DE's dividend yield for the trailing twelve months is around 2.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 2.44% | 2.49% | 5.35% | 2.93% | 2.94% | 1.94% | 2.06% | 2.84% | 3.55% | 2.73% | 2.85% | 2.70% |
VERE.DE Vanguard FTSE Developed Europe ex UK UCITS ETF (EUR) Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, VERE.DE and H4ZA.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, H4ZA.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZA.DE is cheaper with a 0.05% expense ratio, compared with 0.10% for VERE.DE.
VERE.DE tracks FTSE Developed Europe ex UK, while H4ZA.DE tracks EURO STOXX® 50. They also come from different issuers: Vanguard and HSBC. Their fees differ too: 0.10% for VERE.DE and 0.05% for H4ZA.DE.
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