All you need to get started with ETF selection and analysis. Create your account now →
Help us improve your experience. Please confirm your investor type:
Compare ETFs Easily
The Ultimate ETF Comparison Tool - Try Now!
Analyze up to 5 ETFs side-by-side and gain instant insights on performance, fees, holdings, and more to make data-driven investment decisions.
HMES ETF · HSBC MSCI EUROPE UCITS ETF
The HMES Exchange Traded Fund (ETF) is provided by HSBC. It is built to track an index: MSCI Europe Index. The HMES ETF provides physical exposure, so by buying it you actually own parts of all the 405 underlying holdings. The dividend policy is capitalization.
Share class
Acc
EUR
Last update Yesterday at 8:00 AM UTC
LIVE
CLOSED
This fund is part ofEurope Large and Mid Cap1M perf.-6.77%
Last price
£19.87
1M perf.
-2.68%
1M flows
+€11M
AuM
€90M
E/R
0.1%
Rating
ESG Consensus®
HMES
£19.87
Performance & flows
Segment for quartile rank
December 12, 2025 → March 12, 2026
Create a free account to view the flows graph
HMES
€22.99
+3.96%
Europe Large and Mid Cap
+0.59%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -2.68%  | +3.96% | +13.53%  | +46.77% | N/A | -5.30% | +1.58% | +1.58% | |
| Flows |
Key fund info
Segment for quartile rank
Main characteristics
More details
NAV
3/12/2026
€22.99
1D NAV change
-0.50%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
405
Inception date
7/13/2022
Jurisdiction
Ireland
Distribution
Ireland
Singapore (Qualified Investor)
Netherlands
Portugal
Spain
Legal structure
Open-end Investment Company
Base currency
EUR
Classification
Share class info
EUR capitalizing
Total AuM of fund
€416M
Decimalisation of shares
No
Investment strategy
The investment objective of the Fund is to replicate the performance of the MSCI Europe Index (the "Index"), while minimising as far as possible the tracking error between the Fund performance and that of the Index. The Index is a market-capitalisation weighted index designed to measure the performance of the largest companies in developed Europe.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.
Enterprise Fund page features include:
Legal documents
Powerful buy-list integration
Fund data exports
Advanced risk metrics
Advanced replication analysis
Advanced exposure look-through
Upload your own internal metrics
Custom data feature
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSimilar ETFs
HMEU
1M perf.
-2.68%
E/R
0.1%
EL42
1M perf.
-2.71%
E/R
0.3%
XMEU
1M perf.
-5.66%
E/R
0.12%
EUREUA
1M perf.
-2.68%
E/R
0.06%
ERO
1M perf.
-2.69%
E/R
0.08%
Advertisement
Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +3.96%  | +13.53% | +46.77%  | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
1
2
3
4
5
6
7
PRIIPS
1
2
3
4
5
6
7
Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseExposure
Countries
United Kingdom
22.00%
Switzerland
14.40%
France
14.21%
Germany
14.15%
Netherlands
10.19%
Spain
5.74%
Sweden
5.10%
Italy
4.34%
Denmark
3.01%
Other
6.86%
Sectors
Financials
23.03%
Industrials
18.47%
Health Care
11.14%
Information Technology
8.27%
Consumer Staples
7.71%
Consumer Discretionary
7.48%
Utilities
4.76%
Materials
4.67%
Unavailable
6.01%
Other
8.45%
Diversification
Total weight of top 15 holdings out of 405
Top 15 holdings
Data as of January 31, 2026
ASML HOLDING
ROCHE
HSBC HOLDINGS
ASTRAZENECA
NOVARTIS
NESTLE SA
SIEMENS
SHELL PLC
Create a free account to view top holdings
SAP SE
BANCO SANTANDER SA
DK0062498333
ALLIANZ SE
LVMH MOET HENNESSY LOUIS VUITT
SCHNEIDER ELECTRIC SE
UBS GROUP AG
Create a free account to view top holdings
Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about HMES ETF's sustainability, based on their methodology.
ESG Consensus®
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.
HMES’s has a Final Sustainability Grade of either C+, C, C-, or D.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
68.12% of holdings have positive scoring
31.89% of holdings have negative scoring
6.02%
43.88%
18.22%
7.33%
17.37%
7.19%
Consensus levels
Strong
Medium
Weak
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
MSCI Daily Net Total Return Europe Euro Index - EUR
Index ticker
MSDEE15N Index
Index dividend policy
NTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
HSBC
HSBC ID Card
Number of funds
114
Total AuM
€44.25B
Expense ratio range
0.05% - 0.65%
Average expense ratio
0.2076%
Top 5 funds by HSBC
| AuM | ||
|---|---|---|
HMWO | HSBC MSCI World UCITS ETF | €12.24B |
HSPD | HSBC S&P 500 UCITS ETF | €7.27B |
HMEF | HSBC MSCI Emerging Markets UCITS ETF | €3.32B |
HPRD | HSBC FTSE EPRA/NAREIT DEVELOPED UCITS ETF | €1.76B |
HMWA | HSBC MSCI World UCITS ETF | €1.53B |
Frequently asked questions about HMES
What does HSBC MSCI EUROPE UCITS ETF, HMES, invest in?
HMES is a Passive ETF. This ETF provides exposure to Large and Mid-Cap European Equities.
Which benchmark or index does HMES replicate?
HMES tracks the MSCI Daily Net Total Return Europe Euro Index - EUR, through a full replication replication method.
What is the Total Expense ratio (TER) of HMES?
HMES carries a total expense ratio (TER) of 0.1%, indicating the annual cost for holding the fund.
When was HMES launched?
HMES was introduced to the market on July 13, 2022. It trades on Ireland, among other exchanges
Who is the ETF issuer of HMES?
HSBC MSCI EUROPE UCITS ETF, HMES, is provided by HSBC. Learn more about HSBC here.
Does HMES have multiple share classes?
Yes, HMES is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .
What is the current assets under management (AUM) of HMES?
HMES oversees €90M in assets as of March 12, 2026.
How has HMES performed lately?
Based on data from March 12, 2026, HMES returned -2.68% over the past month, 3.96% over the last three months and 1.58% year-to-date.
What are the latest inflows or outflows for HMES?
As of March 12, 2026, HMES recorded net flows of +€11M over the last month and +€15M year-to-date.
Does HMES distribute dividends?
HMES follows a capitalizing, meaning it reinvests income within the fund.
What are the main country or region exposures of HMES?
As of January 31, 2026, HMES has significant geographic allocations in United Kingdom, Switzerland and France.
In which sector or theme does HMES invest in?
As of January 31, 2026, HMES focuses largely on Financials, Industrials and Health Care.
How many securities does HMES hold and how diversified is it?
As of January 31, 2026, HMES holds 405 positions in its portfolio, with 26.00% of assets concentrated in its top 15 holdings.
What are the main positions in HMES?
As of January 31, 2026, HMES top three holdings include ASML HOLDING, ROCHE and HSBC HOLDINGS.
What is the base currency of HMES?
The base currency of HMES is EUR.
Advertisement
About Trackinsight
Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.
Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.
In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.
This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.
Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.
More about TrackinsightETF TOOLS
PLATFORM
ETF NEWS & RESEARCH
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy | Cookie policy | | Terms of use | Imprint
Privacy policy | Cookie policy | | Terms of use | Imprint
