HSBC MSCI CHINA A UCITS ETF (HCAA.MI) Performance Analysis

29 July 2022 – 21 February 2025

Performance

Annualized Return: -11.13%
Sharpe Ratio: -0.95
Maximum Drawdown: -32.98%

Drawdown periods

Logarithmic scale

Metrics

Metric	HSBC MSCI CHINA A UCITS ETF
Initial Balance	$10,000
Final Balance	$7,384
Returns [View more details]
Month-To-Date	0%
Year-To-Date	0%
3M	0%
6M	0%
Annualized Return (3Y)	-%
Annualized Return (5Y)	-%
Annualized Return (All)	-11.13%
Risk [View more details]
Annual Volatility	11.65%
Max Drawdown	-32.98%
Sharpe Ratio	-0.95
Sortino Ratio	-1.14
Adjusted Sortino (S/√2)	-0.81

[Show explanation of columns]

Initial balance: The amount of starting capital used to invest in the asset or portfolio. In this case, we're starting with a $10,000 investment on July 2022.
Final balance: The amount of capital we've accrued over time as of February 2025.
Annual return: Also known as annualized return, or CAGR (Compound Annual Growth Rate), measures how much an investment has increased on average each year, during a specific time period. The time period in this case is approximately 3 year(s). Even a small difference in return can have a big impact on the final balance over a long period of time.
Annual volatility: Basically indicates how much, in percentage points, the investment can deviate from its annual return, under most circumstances. An investment with an annual return of 5% and an annual volatility of 10% would indicate returns from approximately -5% to 15% most of the time. A lower volatility is usually preferred to ensure more steady returns over time.
Best year: The best performance attained over its lifetime in a given year.
Worst year: The worst performance undergone over its lifetime in a given year.
Max drawdown: The largest percentage drop from a peak to a trough of an asset or portfolio, before a new peak is attained. Maximum drawdown is an indicator of downside risk over a specified time period.
Sharpe Ratio: The Sharpe ratio measures the performance of an investment compared to a risk-free asset, after adjusting for its risk. A Sharpe Ratio above 1 is considered good.
Sortino Ratio: The Sortino Ratio is a variation of the Sharpe ratio that only penalizes the investment for negative volatility/outcomes, and not for positive volatility. A Sortino Ratio above 1 is considered good.
Adjusted Sortino Ratio: Sortino Ratio/√2. To allow for comparing the Sortino ratio to the Sharpe ratio, we multiply the risk measure of the Sortino ratio by the square root of 2 (which is the same as dividing the Sortino ratio by the square root of 2).
Ulcer Index: The Ulcer Index (UI) is a technical indicator that measures downside risk in terms of both the depth and duration of price declines.
Gain to Pain Ratio: The sum of all returns divided by the absolute value of the sum of all negative returns. In essence, the GPR shows the ratio of net returns to the losses incurred in getting those returns.

Annualized Returns

	Annual Return 1y	Annual Return 3y	Annual Return 5y	Annual Return 10y	Annual Return 20y	Annual Return
HSBC MSCI CHINA A UCITS ETF	0.45	-%	-%	-%	-%	-11.13

Annual Returns

Year	HSBC MSCI CHINA A UCITS ETF
2022	-11.88%
2023	-15.05%
2024	-1.36%
2025	0%

HSBC MSCI CHINA A UCITS ETF had 0 positive years and 3 negative years. That's a positive ratio of 0%.

Monthly Returns

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	YTD
2022	-	-	-	-	-	-	0%	1.2%	-3.6%	-11.8%	1.7%	0.7%	-11.9%
2023	9.7%	-4.8%	-2%	-0.3%	-8.7%	0.5%	-3.8%	5.6%	-6.7%	0.4%	-2.2%	-2.3%	-15.1%
2024	-5.3%	4.2%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	-1.4%
2025	0%	0%	-	-	-	-	-	-	-	-	-	-	0%
Pos	50%	50%	0%	0%	0%	100%	0%	100%	0%	50%	50%	50%	0%
Avg	2.2%	-0.3%	-2%	-0.3%	-8.7%	0.5%	-3.8%	3.4%	-5.2%	-5.7%	-0.3%	-0.8%	-9.4%

Other Return Metrics

Metric	HSBC MSCI CHINA A UCITS ETF
Cumulative Return	-26.16%
Enh Ann Return	-6.62%
Best Year	0%
Worst Year	-15.05%
Best Month	9.65%
Worst Month	-11.75%
Best Day	5.55%
Worst Day	-7.18%
Win Ratio (Yearly)	0%
Win Ratio (Quarterly)	14.29%
Win Ratio (Monthly)	42.11%
Win Ratio (Daily)	45.1%

Annual Volatility

	Annual Volatility 1y	Annual Volatility 3y	Annual Volatility 5y	Annual Volatility 10y	Annual Volatility 20y	Annual Volatility
HSBC MSCI CHINA A UCITS ETF	0.45	-%	-%	-%	-%	11.65

Sharpe Ratio

	Sharpe Ratio 1y	Sharpe Ratio 3y	Sharpe Ratio 5y	Sharpe Ratio 10y	Sharpe Ratio 20y	Sharpe Ratio
HSBC MSCI CHINA A UCITS ETF	1	-	-	-	-	-0.95

3-Year Rolling Sharpe Ratio

The rolling Sharpe Ratio gives a clue about the continued consistency or stability of the risk-adjusted returns.

Drawdown Periods

Simply said, a drawdown is the "pain" period experienced by an investor between a peak (new highs) and subsequent valley (a low point before moving higher). In the table below are the fifth largest drawdowns encountered for the portfolio/asset in question.

HSBC MSCI CHINA A UCITS ETF

Start	Valley	End	Days	Drawdown
2022-09-08	2024-02-01	-	897	-32.98%

The HSBC MSCI CHINA A UCITS ETF took approximately 30 months on average to recover from a major drawdown. The longest drawdown lasted 30 months.

Underwater plot

The underwater plot shows you the drawdown periods on a chart. Whereas the performance chart usually gives you a positive viewpoint, the underwater plot gives you a pessimistic viewpoint. It helps you to visualize downtrends that occurred and how long it took for the portfolio's value to rebound to hit a new high after suffering a loss.

Other Risk Metrics

Metric	HSBC MSCI CHINA A UCITS ETF
Sharpe Ratio	-0.95
Sortino Ratio	-1.14
Adjusted Sortino (S/√2)	-0.81
Calmar Ratio	-0.34
Omega Ratio	0.58
Gain to Pain Ratio	-0.42
Ulcer Index	0.22
Kelly Criterion	-32.61%
Skew	-2.38
Kurtosis	35.26

End of: Summary

Analyze Other Assets

Search More Assets →

HANetf ICAV - Airlines Hotels Cruise Lines UCITS ETF

TRYP.MI (ETF, EUR)

HPRD

HPRD.MI (ETF, EUR)

HSBC Emerging Market Sustainable Equity UCITS ETF

HSEM.MI (ETF, EUR)

HSBC ETFs Public Limited Company - HSBC EURO STOXX 50 UCITS ETF

H50E.MI (ETF, EUR)