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Global ETF Survey 2026
›ETF Issuers›HSBC›HPEM
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HPEM ETF · HSBC MSCI EMERGING MARKETS CLIMATE PARIS ALIGNED UCITS ETF

The HPEM Exchange Traded Fund (ETF) is provided by HSBC. It is built to track an index: MSCI Emerging Markets Climate Paris Aligned Index. The HPEM ETF provides physical exposure, so by buying it you actually own parts of all the 332 underlying holdings. The dividend policy is capitalization.
Last update 6/12/2026, 7:00 AM UTC
LIVE
CLOSED
This fund is part ofEmerging Market Blended Cap1M perf.-0.27%
Last price
$22.10
1M perf.
-3.72%
1M flows
N/A
AuM
€33M
TER
0.18%
Rating
ESG Consensus®
esg grade icon
HPEM
$22.10

Performance & flows

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March 11, 2026 → June 11, 2026
0-5%0%5%10%15%20%APRMAYJUNAPRMAYJUN
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HPEM
$21.29
+9.19%
Emerging Market Blended Cap
+10.49%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-3.72%
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+9.19%
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+37.58%
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+67.87%
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N/A
-4.76%
+17.97%
+17.57%
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Flows

Key fund info

Segment for quartile rank
Main characteristics
Issuer
ISIN
IE000FNVOB27
AuM
€33M
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TER
0.18%
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Replication rating
icon
ESG Consensus®
esg grade icon
icon
More details
NAV
6/11/2026
$21.29
1D NAV change
-0.11%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
332
Inception date
4/7/2022
Jurisdiction
Ireland
Distribution
Germany
Singapore (Qualified Investor)
United Kingdom
Sweden
Spain
Legal structure
Open-end Investment Company
Base currency
USD
Classification
Investment strategy
The Fund aims to track as closely as possible the returns of the MSCI Emerging Markets Climate Paris Aligned Index (the Index). The Index is a subset of the MSCI Emerging Markets Index (Parent Index) and made up of shares of large and mid-sized companies (as measured by the market value of their shares) across emerging market countries, as defined by the Index Provider.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
+9.19%
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+37.58%
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+67.87%
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
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
Taiwan
28.96%
Republic of Korea
13.33%
India
11.67%
Cayman Islands
10.87%
China
9.30%
Brazil
4.41%
Mexico
3.99%
South Africa
3.57%
Saudi Arabia
3.16%
Other
10.74%
Sectors
Information Technology
39.40%
Financials
16.73%
Industrials
9.03%
Communication Services
7.21%
Consumer Discretionary
6.40%
Materials
4.38%
Health Care
4.28%
Real Estate
3.09%
Unavailable
4.50%
Other
4.98%
Diversification
Total weight of top 15 holdings out of 332
More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
Yes
SDG

ESG Consensus® by Conser

Data as of April 30, 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 HPEM 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.


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

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
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Holdings review
78.97% of holdings have positive scoring
21.03% of holdings have negative scoring
26.56%
40.33%
12.08%
14.76%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
1-year trailing difference
As of May 29, 2026
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HPEM
N/A
Replication quality
Calculated over 12m, as of May 29, 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
€49.11B
Expense ratio range
0.05% - 0.65%
Average expense ratio
0.2076%
Top 5 funds by HSBC
AuM
HMWO
HSBC MSCI World UCITS ETF€13.16B
HSPD
HSBC S&P 500 UCITS ETF€8.23B
HMEF
HSBC MSCI Emerging Markets UCITS ETF€3.59B
HMWA
HSBC MSCI World UCITS ETF€1.85B
HPRD
HSBC FTSE EPRA/NAREIT DEVELOPED UCITS ETF€1.79B

Frequently asked questions about HPEM

What does HSBC MSCI EMERGING MARKETS CLIMATE PARIS ALIGNED UCITS ETF, HPEM, invest in?

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

Which benchmark or index does HPEM replicate?

HPEM tracks the MSCI Emerging Markets Climate Paris Aligned USD Net Total Return Index - USD, through a full replication replication method.

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

HPEM carries a total expense ratio (TER) of 0.18%, indicating the annual cost for holding the fund.

When was HPEM launched?

HPEM was introduced to the market on April 7, 2022. It trades on Germany, among other exchanges

Who is the ETF issuer of HPEM?

HSBC MSCI EMERGING MARKETS CLIMATE PARIS ALIGNED UCITS ETF, HPEM, is provided by HSBC. Learn more about HSBC here.

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

HPEM oversees €33M in assets as of June 11, 2026.

How has HPEM performed lately?

Based on data from June 11, 2026, HPEM returned -3.72% over the past month, 9.19% over the last three months and 17.57% year-to-date.

Does HPEM distribute dividends?

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

What are the main country or region exposures of HPEM?

As of April 30, 2026, HPEM has significant geographic allocations in Taiwan, Republic of Korea and India.

In which sector or theme does HPEM invest in?

As of April 30, 2026, HPEM focuses largely on Information Technology, Financials and Industrials.

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

As of April 30, 2026, HPEM holds 332 positions in its portfolio, with 44.70% of assets concentrated in its top 15 holdings.

What are the main positions in HPEM?

As of April 30, 2026, HPEM top three holdings include TWN SEMICONT MAN, DELTA ELECTRONIC and TENCENT HOLDINGS.

What is the base currency of HPEM?

The base currency of HPEM is USD.

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