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›ETF Providers›HSBC›HMES

HMES

IE000ZQOIPB1

Passive ETF Equity

HMES ETF · HSBC MSCI EUROPE UCITS ETF

Name: HSBC MSCI EUROPE UCITS ETF
Brand: HSBC

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 404 underlying holdings. The dividend policy is capitalization.

Share class

Acc

EUR

Last update 4/2/2026, 7:00 AM UTC

LIVE

CLOSED

This fund is part ofEurope Large and Mid Cap1M perf.-5.39%

Last price

£20.03

1M perf.

-3.82%

1M flows

+€1.1M

AuM

€90M

E/R

0.1%

Rating

ESG Consensus®

HMES

£20.03

Performance & flows

Segment for quartile rank

January 2, 2026 → April 1, 2026

Create a free account to view the flows graph

HMES

€22.97

+0.84%

Europe Large and Mid Cap

-1.32%

Historic performance and flows

	1M	3M	1Y	3Y	5Y	MTD	QTD	YTD
Perf.	-3.82%	+0.84%	+13.43%	+41.30%	N/A	+2.45%	+2.45%	+1.51%
Flows

Key fund info

Segment for quartile rank

Main characteristics

Issuer

HSBC

ISIN

IE000ZQOIPB1

AuM

€90M

E/R

0.1%

Replication rating

ESG Consensus®

More details

NAV

4/1/2026

€22.97

1D NAV change

+2.45%

Dividend policy

Capitalization

Replication method

Direct (Physical)

Replication model

Full replication

No. of holdings

404

Inception date

7/13/2022

Jurisdiction

Ireland

Distribution

Italy

France

Singapore (Qualified Investor)

Germany

Luxembourg

Legal structure

Open-end Investment Company

Base currency

EUR

Classification

Product type

Passive ETF

Benchmark

MSCI Europe Index

Asset class

Equity

Factors

N/A

Share class info

EUR capitalizing

Total AuM of fund

€419M

Decimalisation of shares

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

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Enterprise Fund page features include:

Legal documents

Powerful buy-list integration

Fund data exports

Advanced risk metrics

Advanced replication analysis

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Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

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Similar ETFs

HMEU

HSBC MSCI EUROPE UCITS ETF

1M perf.

-3.82%

E/R

0.1%

EUREUA

UBS Core MSCI Europe UCITS ETF

1M perf.

-3.81%

E/R

0.06%

ERO

State Street SPDR MSCI Europe UCITS ETF

1M perf.

-3.91%

E/R

0.08%

EL42

Deka MSCI Europe UCITS ETF

1M perf.

-3.95%

E/R

0.3%

DBEU

Xtrackers MSCI Europe Hedged Equity ETF

1M perf.

-0.34%

E/R

0.45%

Risk profile

Segment for quartile rank

Historical risk/return profile

	3M	1Y	3Y	5Y
Returns	+0.84%	+13.43%	+41.30%	N/A
Volatility
Perf./Volatility
Max drawdown

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Synthetic Risk and Reward Indicator (SRRI)

UCITS

PRIIPS

More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries

United Kingdom

22.34%

Switzerland

14.81%

France

14.45%

Germany

14.06%

Netherlands

9.88%

Spain

5.60%

Sweden

5.19%

Italy

4.35%

Denmark

2.38%

Other

6.94%

Sectors

Financials

22.20%

Industrials

18.58%

Health Care

11.55%

Consumer Staples

8.17%

Information Technology

8.04%

Consumer Discretionary

7.21%

Utilities

5.06%

Materials

4.75%

Unavailable

5.53%

Other

8.89%

Diversification

Total weight of top 15 holdings out of 404

Top 15 holdings

Data as of February 28, 2026

ASML HOLDING

ROCHE

ASTRAZENECA

NOVARTIS

HSBC HOLDINGS

NESTLE SA

SHELL PLC

SIEMENS

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SAP SE

BANCO SANTANDER SA

SCHNEIDER ELECTRIC SE

ALLIANZ SE

GB00BVZK7T90

LVMH MOET HENNESSY LOUIS VUITT

TOTALENERGIES SE

Create a free account to view top holdings

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria

SDG

ESG Consensus® by Conser

Data as of December 31, 2025

Methodology

Our 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.

Learn more about Conser

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-

B+

B-

C+

C-

Conser website ESG Consensus® methodology

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.

Learn more about Trackinsight Enterprise

Holdings 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

More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:

Replication quality

Calculated over 12m, as of March 31, 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

More replication analysis are available, exclusively in Trackinsight Enterprise

Issuer

HSBC

HSBC ID Card

Number of funds

115

Total AuM

€43.37B

Expense ratio range

0.05% - 0.65%

Average expense ratio

0.2074%

View all HSBC funds

Top 5 funds by HSBC

		AuM
HMWO	HSBC MSCI World UCITS ETF	€12.09B
HSPD	HSBC S&P 500 UCITS ETF	€7.05B
HMEF	HSBC MSCI Emerging Markets UCITS ETF	€3.12B
HPRD	HSBC FTSE EPRA/NAREIT DEVELOPED UCITS ETF	€1.71B
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 Italy, 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 April 1, 2026.

How has HMES performed lately?

Based on data from April 1, 2026, HMES returned -3.82% over the past month, 0.84% over the last three months and 1.51% year-to-date.

What are the latest inflows or outflows for HMES?

As of April 1, 2026, HMES recorded net flows of +€1.1M 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 February 28, 2026, HMES has significant geographic allocations in United Kingdom, Switzerland and France.

In which sector or theme does HMES invest in?

As of February 28, 2026, HMES focuses largely on Financials, Industrials and Health Care.

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

As of February 28, 2026, HMES holds 404 positions in its portfolio, with 26.22% of assets concentrated in its top 15 holdings.

What are the main positions in HMES?

As of February 28, 2026, HMES top three holdings include ASML HOLDING, ROCHE and ASTRAZENECA.

What is the base currency of HMES?

The base currency of HMES is EUR.

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.

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HMES ETF · HSBC MSCI EUROPE UCITS ETF

Performance & flows

Historic performance and flows

Monthly performance and flows

Trading and listing info

Key fund info

Enterprise

Similar ETFs

Risk profile

Historical risk/return profile

Exposure

Sustainability

ESG Consensus® by Conser

Replication

Issuer

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 Italy, 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 here.

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

HMES oversees €90M in assets as of April 1, 2026.

How has HMES performed lately?

Based on data from April 1, 2026, HMES returned -3.82% over the past month, 0.84% over the last three months and 1.51% year-to-date.

What are the latest inflows or outflows for HMES?

As of April 1, 2026, HMES recorded net flows of +€1.1M 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 February 28, 2026, HMES has significant geographic allocations in United Kingdom, Switzerland and France.

In which sector or theme does HMES invest in?

As of February 28, 2026, HMES focuses largely on Financials, Industrials and Health Care.

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

As of February 28, 2026, HMES holds 404 positions in its portfolio, with 26.22% of assets concentrated in its top 15 holdings.

What are the main positions in HMES?

As of February 28, 2026, HMES top three holdings include ASML HOLDING, ROCHE and ASTRAZENECA.

What is the base currency of HMES?

The base currency of HMES is EUR.

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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 .