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ETF ProvidersHSBCHIPS
ETF screener
HIPS
IE000AGFZM58
Passive ETFEquityESG

HIPS ETF · HSBC MSCI Europe Islamic Screened UCITS ETF

The HIPS Exchange Traded Fund (ETF) is provided by HSBC. It is built to track an index: MSCI Europe Islamic Universal Screened Select Index. The HIPS ETF provides physical exposure, so by buying it you actually own parts of all the 115 underlying holdings. The dividend policy is capitalization.
Last update Today at 7:00 AM UTC
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This fund is part ofEurope Large and Mid Cap1M perf.+5.08%
Last price
£26.60
1M perf.
+7.12%
1M flows
+€5.2M
AuM
€109M
TER
0.3%
Rating
ESG Consensus®
esg grade icon
HIPS
£26.60

Performance & flows

Segment for quartile rank
February 5, 2026 → May 5, 2026
0-8-6-4-2024%MARAPRMAYMARAPRMAY
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HIPS
€30.02
+2.99%
Europe Large and Mid Cap
+0.13%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+7.12%
icon
+2.99%
icon
+18.18%
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+36.05%
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N/A
+0.70%
+7.57%
+7.85%
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Flows

Key fund info

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Main characteristics
Issuer
ISIN
IE000AGFZM58
AuM
€109M
icon
TER
0.3%
icon
Replication rating
icon
ESG Consensus®
esg grade icon
icon
More details
NAV
5/5/2026
€30.02
1D NAV change
+0.57%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
115
Inception date
11/18/2022
Jurisdiction
Ireland
Distribution
Ireland
Switzerland
Netherlands
France
Luxembourg
Legal structure
Open-end Investment Company
Base currency
EUR
Classification
Investment strategy
The Fund aims to track as closely as possible the returns of the MSCI Europe Islamic Universal Screened Select 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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Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
+2.99%
icon
+18.18%
icon
+36.05%
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
France
25.73%
Switzerland
19.55%
Germany
10.61%
Sweden
9.85%
Netherlands
9.78%
United Kingdom
7.52%
Denmark
3.50%
Italy
2.93%
Norway
2.68%
Other
7.85%
Sectors
Industrials
25.86%
Information Technology
19.01%
Health Care
15.16%
Consumer Staples
9.38%
Materials
9.17%
Consumer Discretionary
5.84%
Energy
5.55%
Utilities
3.13%
Unavailable
5.82%
Other
1.08%
Diversification
Total weight of top 15 holdings out of 115
Top 15 holdings
Data as of March 31, 2026
ASML HOLDING
NOVARTIS
SCHNEIDER ELECTRIC SE
ABB
L OREAL S.A.
SAP SE
TOTALENERGIES SE
ESSILORLUXOTTICA
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SANOFI SA
AIR LIQUIDE
ENGIE
INFINEON TECHNOLOGIES
ATLAS COPCO SR
LONZA GRP AG
HALEON PLC
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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 HIPS 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.


HIPS’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
79.30% of holdings have positive scoring
20.70% of holdings have negative scoring
8.78%
58.98%
11.54%
8.06%
11.37%
Consensus levels
Strong
Medium
Weak
No data on remaining < 1% of holdings
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
1-year trailing difference
As of April 30, 2026
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HIPS
N/A
Replication quality
Calculated over 12m, as of April 30, 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
€47.38B
Expense ratio range
0.05% - 0.65%
Average expense ratio
0.2079%

Frequently asked questions about HIPS

What does HSBC MSCI Europe Islamic Screened UCITS ETF, HIPS, invest in?

HIPS is a Passive ETF. This ETF provides exposure to Large and Mid-Cap European Equities.

Which benchmark or index does HIPS replicate?

HIPS tracks the MSCI Europe Islamic Universal Screened Select Index - EUR, through a full replication replication method.

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

HIPS carries a total expense ratio (TER) of 0.3%, indicating the annual cost for holding the fund.

When was HIPS launched?

HIPS was introduced to the market on November 18, 2022. It trades on Ireland, among other exchanges

Who is the ETF issuer of HIPS?

HSBC MSCI Europe Islamic Screened UCITS ETF, HIPS, is provided by HSBC. Learn more about HSBC here.

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

HIPS oversees €109M in assets as of May 5, 2026.

How has HIPS performed lately?

Based on data from May 5, 2026, HIPS returned 7.12% over the past month, 2.99% over the last three months and 7.85% year-to-date.

What are the latest inflows or outflows for HIPS?

As of May 5, 2026, HIPS recorded net flows of +€5.2M over the last month and +€29M year-to-date.

Does HIPS distribute dividends?

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

What are the main country or region exposures of HIPS?

As of March 31, 2026, HIPS has significant geographic allocations in France, Switzerland and Germany.

In which sector or theme does HIPS invest in?

As of March 31, 2026, HIPS focuses largely on Industrials, Information Technology and Health Care.

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

As of March 31, 2026, HIPS holds 115 positions in its portfolio, with 49.15% of assets concentrated in its top 15 holdings.

What are the main positions in HIPS?

As of March 31, 2026, HIPS top three holdings include ASML HOLDING, NOVARTIS and SCHNEIDER ELECTRIC SE.

What is the base currency of HIPS?

The base currency of HIPS is EUR.

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