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›ETF Providers›HSBC›HIEM
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HIEM
IE0009BC6K22
Passive ETFEquityESG

HIEM ETF · HSBC MSCI Emerging Markets Islamic Screened Capped UCITS ETF

The HIEM Exchange Traded Fund (ETF) is provided by HSBC. It is built to track an index: MSCI EM (Emerging Market) Islamic Universal Screened Select Capped Index. The HIEM ETF provides physical exposure, so by buying it you actually own parts of all the 345 underlying holdings. The dividend policy is capitalization.
Last update Yesterday at 7:00 AM UTC
LIVE
CLOSED
This fund is part ofEmerging Market Blended Cap1M perf.+10.59%
Last price
$24.83
1M perf.
+19.63%
1M flows
N/A
AuM
€120M
E/R
0.35%
Rating
Not rated
ESG Consensus®
esg grade icon
HIEM
$24.83

Performance & flows

Segment for quartile rank
January 21, 2026 → April 21, 2026
0-505101520%FEBMARAPRFEBMARAPR
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HIEM
$24.62
+23.17%
Emerging Market Blended Cap
+9.59%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+19.63%
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+23.17%
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+84.91%
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+89.44%
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N/A
+25.15%
+25.15%
+33.45%
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Flows

Key fund info

Segment for quartile rank
Main characteristics
Issuer
ISIN
IE0009BC6K22
AuM
€120M
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E/R
0.35%
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Replication rating
Not rated
ESG Consensus®
esg grade icon
icon
More details
NAV
4/21/2026
$24.62
1D NAV change
+2.26%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
345
Inception date
1/12/2023
Jurisdiction
Ireland
Distribution
France
Ireland
Luxembourg
Switzerland
Singapore (Qualified Investor)
Legal structure
Open-end Investment Company
Base currency
USD
Classification
Product type
Benchmark
MSCI EM (Emerging Market) Islamic Universal Screened Select Capped Index
Asset class
Factors
N/A
Investment strategy
The Fund aims to track as closely as possible the returns of the MSCI EM (Emerging Market) Islamic Universal Screened Select Capped Index (the Index), while integrating environmental, social and governance (ESG) metrics. The Fund will invest in or gain exposure to shares of companies which make up the Index. The Fund qualifies under Article 8 of SFDR.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Similar ETFs

ISDE
1M perf.
+17.41%
E/R
0.35%

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Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
+23.17%
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+84.91%
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+89.44%
icon
N/A
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
1
2
3
4
5
6
7
PRIIPS
1
2
3
4
5
6
7
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Exposure

Countries
Republic of Korea
43.68%
Taiwan
13.20%
India
11.12%
Cayman Islands
6.15%
Saudi Arabia
4.99%
South Africa
4.58%
China
4.53%
Brazil
2.37%
Mexico
1.77%
Other
7.61%
Sectors
Information Technology
53.84%
Materials
10.38%
Industrials
6.15%
Energy
6.07%
Health Care
5.39%
Consumer Discretionary
4.91%
Financials
4.19%
Consumer Staples
3.00%
Unavailable
3.16%
Other
2.92%
Diversification
Total weight of top 15 holdings out of 345
Top 15 holdings
Data as of February 28, 2026
SAMSUNG ELECTR
SK HYNIX
DELTA ELECTRONIC
HON HAI PRECISION INDUSTRY
AL RAJHI BANK
GOLD FIELDS
SAMSUNG ELEC-1P PRF
XIAOMI CORP
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MEDIATEK INC
RELIANCE INDUSTRIES
SK SQUARE CO LTD
GB00BRXH2664
ANGLO PLAT
ASE INDUSTRIAL HLDG CO
SAUDI ARABIAN OIL CO
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More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
Yes
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about HIEM ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


HIEM’s has a Final Sustainability Grade of either B+, B, or B-.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
79.66% of holdings have positive scoring
20.34% of holdings have negative scoring
8.76%
39.23%
31.67%
17.52%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
Not rated
1-year trailing difference
As of March 31, 2026
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HIEM
N/A
Replication quality
Calculated over 12m, as of March 31, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model

Issuer

HSBC
HSBC ID Card
Number of funds
114
Total AuM
€46.3B
Expense ratio range
0.05% - 0.65%
Average expense ratio
0.2079%
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Frequently asked questions about HIEM

What does HSBC MSCI Emerging Markets Islamic Screened Capped UCITS ETF, HIEM, invest in?

HIEM is a Passive ETF. This ETF provides exposure to Large and Mid-Cap Emerging markets Equities.

Which benchmark or index does HIEM replicate?

HIEM tracks the MSCI EM (Emerging Market) Islamic Universal Screened Select Capped Index - USD, through a full replication replication method.

What is the Total Expense ratio (TER) of HIEM?

HIEM carries a total expense ratio (TER) of 0.35%, indicating the annual cost for holding the fund.

When was HIEM launched?

HIEM was introduced to the market on January 12, 2023. It trades on France, among other exchanges

Who is the ETF issuer of HIEM?

HSBC MSCI Emerging Markets Islamic Screened Capped UCITS ETF, HIEM, is provided by HSBC. Learn more about HSBC here.

What is the current assets under management (AUM) of HIEM?

HIEM oversees €120M in assets as of April 21, 2026.

How has HIEM performed lately?

Based on data from April 21, 2026, HIEM returned 19.63% over the past month, 23.17% over the last three months and 33.45% year-to-date.

What are the latest inflows or outflows for HIEM?

As of April 21, 2026, HIEM recorded net flows of +€13M year-to-date.

Does HIEM distribute dividends?

HIEM follows a capitalizing, meaning it reinvests income within the fund.

What are the main country or region exposures of HIEM?

As of February 28, 2026, HIEM has significant geographic allocations in Republic of Korea, Taiwan and India.

In which sector or theme does HIEM invest in?

As of February 28, 2026, HIEM focuses largely on Information Technology, Materials and Industrials.

How many securities does HIEM hold and how diversified is it?

As of February 28, 2026, HIEM holds 345 positions in its portfolio, with 56.86% of assets concentrated in its top 15 holdings.

What are the main positions in HIEM?

As of February 28, 2026, HIEM top three holdings include SAMSUNG ELECTR, SK HYNIX and DELTA ELECTRONIC.

What is the base currency of HIEM?

The base currency of HIEM is USD.

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