HSBC
HQES.L
IE000UERNJ93
HSBC PLUS Emerging Markets Equity Quant Active UCITS ETFUSD Acc
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About this ETF

The ETF invests in stocks from emerging markets worldwide. The title selection is based on style factors: Value, Momentum, Quality, Low Risk and Size.

TER
0.3%

Total Expense Ratio per year

Fund Size
€158.5M

Assets under management

Holdings
376

Underlying equities

Dividend Yield
-

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
15.76
Weighted Fwd P/E
8.72
💰 Revenue Estimates
Current Year CY
+48.05% ⌀ 21 Analysts Coverage
Next Year NY
+23.6% ⌀ 23 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+291.68% ⌀ 20 Analysts Coverage
Next Year NY
+28.34% ⌀ 20 Analysts Coverage

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ETF Profile
Provider
HSBC
HSBC
Fund Type
ETF
Inception Date
08/14/2025 (1 yr)
Country
-
Sector
-
Theme
-
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
No

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

7/7 Very High
65/100 Moderate
Diversification Score
65/100 Moderate
3Y Volatility
-
Max Drawdown (3Y)
-
Sharpe Ratio (3Y)
-
Notes & Warnings
Fund Volume (AUM) Solid fund volume
🟡 Moderate analyst coverage (19.7 analysts)
⚠️ Elevated emerging markets risk: 100% Emerging Markets.
⚠️ Sector concentration: 45% in "Technology".
ℹ️ Tech-Capex Exposure: 46% in semiconductors & hardware – dependent on hyperscaler capex cycles.
⚠️ Elevated Regulatory & Policy Risk: 36% in heavily regulated industries (defense, regulated utilities, healthcare policy).
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