HSBC S&P 500 UCITS ETF

10-Year Study

HSPX.LSE · · GB · ETF

Executive Summary: HSBC S&P 500 UCITS ETF has compounded at 15.4% annually over the last 10 years, with a maximum drawdown of 15.8% and an annualized volatility of 13.7%.

1Y CAGR
+22.0%
3Y CAGR
+17.4%
5Y CAGR
+13.4%
10Y CAGR
+15.4%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
15.8%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.90
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.52
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
12.9%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · +31.0%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -9.1%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
90%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-1.21.1-4.46.7————————1.8%
20254.0-5.0-7.8-3.95.93.47.0-0.93.65.4-0.8-0.79.4%
20242.44.73.5-2.31.06.4-1.1-0.90.54.16.8-0.327.3%
20233.50.20.50.22.14.02.10.3-0.8-2.74.74.619.9%
2022-6.1-1.46.9-3.7-2.6-4.78.11.7-3.72.6-1.5-3.9-9.1%
2021-0.20.95.44.8-1.74.71.84.1-1.63.83.42.131.0%
20200.5-6.8-7.09.35.82.1-0.56.1-0.1-3.27.11.313.9%
20194.72.33.63.7-2.35.46.9-2.81.3-3.34.20.526.4%
2018-0.30.3-5.93.95.31.73.54.30.3-4.71.0-8.30.1%
2017-1.35.7-0.7-2.41.50.20.62.4-2.03.61.02.110.8%
2016———-1.92.78.94.61.20.94.81.53.729.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 13.7%. The dominant macroeconomic risk driver is VTI.US, accounting for 90.5% of variance. Idiosyncratic stock-specific factors contribute 5.5%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019812.175673522557
2016-05-0110074.324171757993
2016-06-0110968.600219882897
2016-07-0111475.892387771153
2016-08-0111609.905193389775
2016-09-0111717.876473134313
2016-10-0112281.091056770432
2016-11-0112462.337023808352
2016-12-0112927.895487884658
2017-01-0112763.849140106497
2017-02-0113490.163945374652
2017-03-0113401.403001716386
2017-04-0113073.328592631795
2017-05-0113264.13043374557
2017-06-0113289.2417347533
2017-07-0113364.8880979239
2017-08-0113680.904566561327
2017-09-0113404.407548528321
2017-10-0113887.466166051976
2017-11-0114027.391862551884
2017-12-0114325.66091284159
2018-01-0114285.201696602948
2018-02-0114332.158970818291
2018-03-0113490.900174627855
2018-04-0114017.651533630733
2018-05-0114765.807541722574
2018-06-0115019.804248885559
2018-07-0115542.99928666859
2018-08-0116207.818277630622
2018-09-0116253.025616007628
2018-10-0115486.23251296511
2018-11-0115644.699101673103
2018-12-0114338.541744516682
2019-01-0115015.952163862052
2019-02-0115362.504655099652
2019-03-0115923.190935252853
2019-04-0116509.412285519564
2019-05-0116129.298553206161
2019-06-0116996.410445105445
2019-07-0118165.870860618605
2019-08-0117657.11816018377
2019-09-0117887.232735265003
2019-10-0117301.28488701028
2019-11-0118036.109262145637
2019-12-0118119.18629335126
2020-01-0118209.772703926756
2020-02-0116970.50408010938
2020-03-0115774.568033784495
2020-04-0117239.765220784502
2020-05-0118237.921149369948
2020-06-0118620.146571636382
2020-07-0118532.33493438019
2020-08-0119657.972217920047
2020-09-0119645.65588167667
2020-10-0119018.27009341366
2020-11-0120377.171200492558
2020-12-0120636.560031624467
2021-01-0120595.54745084994
2021-02-0120776.90790710218
2021-03-0121888.730158780643
2021-04-0122943.477151928146
2021-05-0122546.210709130293
2021-06-0123616.728591550505
2021-07-0124044.22813756897
2021-08-0125038.93030818907
2021-09-0124630.47970026724
2021-10-0125575.728890812592
2021-11-0126457.937457722477
2021-12-0127024.181235154167
2022-01-0125369.80095732065
2022-02-0125004.67497625144
2022-03-0126735.417174845068
2022-04-0125744.79527261313
2022-05-0125071.47545748777
2022-06-0123896.013103926634
2022-07-0125834.55720183272
2022-08-0126270.546441118677
2022-09-0125311.446440832453
2022-10-0125972.499213681716
2022-11-0125570.899672147414
2022-12-0124565.564315747262
2023-01-0125419.37399205763
2023-02-0125480.55893634432
2023-03-0125596.771849391986
2023-04-0125637.56101718579
2023-05-0126163.211212564813
2023-06-0127212.972359441435
2023-07-0127794.145053382188
2023-08-0127879.337749860788
2023-09-0127642.733862506724
2023-10-0126900.782533779886
2023-11-0128160.473966265752
2023-12-0129463.53613931557
2024-01-0130167.297364426486
2024-02-0131591.404054381106
2024-03-0132706.921763477367
2024-04-0131954.931161769764
2024-05-0132272.48210390469
2024-06-0134352.34008003432
2024-07-0133981.28769199603
2024-08-0133679.26116929743
2024-09-0133862.984555723015
2024-10-0135254.02850972252
2024-11-0137637.72495938018
2024-12-0137511.58726256607
2025-01-0139019.84034479064
2025-02-0137084.59735256413
2025-03-0134204.37469648432
2025-04-0132862.5014748437
2025-05-0134803.65020237559
2025-06-0135994.32610535361
2025-07-0138520.64431349564
2025-08-0138166.90285367547
2025-09-0139531.221526770925
2025-10-0141652.879992087524
2025-11-0141323.67102669157
2025-12-0141022.159705457416
2026-01-0140511.72703481522
2026-02-0140948.180591470365
2026-03-0139147.360657880476
2026-04-0141774.25207535553
Annual Return Matrix
YearAnnual Return
20170.10812010557068952
20180.0008991439734238327
20190.2636700869724333
20200.1389341495537766
20210.30952935924112346
2022-0.09097840552551639
20230.19938364780118478
20240.27315292655966505
20250.09358634755492345
20260.018333807271440516
Total Factor Risk
0.13732058148778165
VTI.US Exposure
0.9053178366436375
VEA.US Exposure
0.02510666430365855
VWO.US Exposure
-0.015008122299900757
QQQ.US Exposure
-0.15423396411036103
VTV.US Exposure
-0.08011930226381869
IJR.US Exposure
-0.016595559883653518
QUAL.US Exposure
0.0971369075065598
SHV.US Exposure
0.004040746727844607
TLT.US Exposure
0.025252579410096187
LQD.US Exposure
-0.011207812330145683
HYG.US Exposure
-0.028318471542478848
GLD.US Exposure
-0.0019290588563510343
USO.US Exposure
0.0029247229143491245
VNQ.US Exposure
-0.00028570382197379155
BTC-USD.CC Exposure
-0.005249638488056329
CPER.US Exposure
-0.003368053510307019
VIX.INDX Exposure
0.008597174873414718
UUP.US Exposure
0.19493102329002385
TIP.US Exposure
-0.0021990693693306486
Idiosyncratic Exposure
0.05520710080679301
Value Score
41.8
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
23.2
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
13.7%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →20.6x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →1.93%
Market Cap$405.3B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.4%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+4.8%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.00
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is HSBC S&P 500 UCITS ETF a high-risk investment?

HSBC S&P 500 UCITS ETF (HSPX.LSE) has an annualized volatility of 13.7% and experienced a maximum drawdown of 15.8% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of HSPX.LSE?

Over the past 10 years, HSPX.LSE has generated a Compound Annual Growth Rate (CAGR) of 15.4%. It has had a positive return in 90% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

Run a Full Backtest on HSBC S&P 500 UCITS ETF

stresstest.pro lets you simulate DCA vs Lump Sum, Monte Carlo projections, portfolio optimisation, and more — all in seconds.

Start a Free Backtest