XDEQ.L vs. HSJP.L
Compare and contrast key facts about Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L) and HSBC Japan Sustainable Equity UCITS ETF USD (HSJP.L).
XDEQ.L and HSJP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDEQ.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 11, 2014. HSJP.L is a passively managed fund by HSBC that tracks the performance of the TOPIX TR JPY. It was launched on Jun 4, 2020. Both XDEQ.L and HSJP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XDEQ.L or HSJP.L.
Key characteristics
| XDEQ.L | HSJP.L | |
|---|---|---|
| YTD Return | 13.77% | 10.00% |
| 1Y Return | 19.98% | 8.87% |
| 3Y Return (Ann) | 9.32% | 3.97% |
| Sharpe Ratio | 1.83 | 0.53 |
| Daily Std Dev | 11.33% | 16.99% |
| Max Drawdown | -23.79% | -16.22% |
| Current Drawdown | -2.04% | -3.99% |
Correlation
The correlation between XDEQ.L and HSJP.L is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XDEQ.L vs. HSJP.L - Performance Comparison
In the year-to-date period, XDEQ.L achieves a 13.77% return, which is significantly higher than HSJP.L's 10.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XDEQ.L vs. HSJP.L - Expense Ratio Comparison
XDEQ.L has a 0.25% expense ratio, which is higher than HSJP.L's 0.18% 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%.
Risk-Adjusted Performance
XDEQ.L vs. HSJP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L) and HSBC Japan Sustainable Equity UCITS ETF USD (HSJP.L). 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.
Dividends
XDEQ.L vs. HSJP.L - Dividend Comparison
Neither XDEQ.L nor HSJP.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
XDEQ.L Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.51% |
HSJP.L HSBC Japan Sustainable Equity UCITS ETF USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XDEQ.L vs. HSJP.L - Drawdown Comparison
The maximum XDEQ.L drawdown since its inception was -23.79%, which is greater than HSJP.L's maximum drawdown of -16.22%. Use the drawdown chart below to compare losses from any high point for XDEQ.L and HSJP.L. For additional features, visit the drawdowns tool.
Volatility
XDEQ.L vs. HSJP.L - Volatility Comparison
The current volatility for Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L) is 4.30%, while HSBC Japan Sustainable Equity UCITS ETF USD (HSJP.L) has a volatility of 5.83%. This indicates that XDEQ.L experiences smaller price fluctuations and is considered to be less risky than HSJP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.