ETF · HSBC
HCAN HSBC MSCI Canada UCITS ETF
ISIN IE00B51B7Z02London Stock Exchange: HCANHSBC Holdings Plc
- Global shares
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£27.32
on
- Ongoing charge
- 0.35% a year
- Fund size
- £101m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, HCAN (HSBC MSCI Canada UCITS ETF, ISIN IE00B51B7Z02) closed at £27.32 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the five years to 13/11/2026 its total return was +71.1%, or +33.5% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +19.2%
- +15.0% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +77.2%
- +60.1% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +71.1%
- +33.5% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,711 on 13/11/2026 — about £1,335 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of HSBC MSCI Canada UCITS ETF in pounds (price only, income paid out not included): 2022 −3.8%, 2023 +6.5%, 2024 +13.6%, 2025 +22.2%; 2026 to 13/11/2026 +12.7%. Returns of HSBC MSCI Canada UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +16.3%; to 30/09/2025: +22.2%; to 30/09/2024: +12.6%; to 30/09/2023: −1.0%; to 30/09/2022: +5.1%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +12.7% | +9.1% | |
| to | +22.2% | +18.0% | |
| to | +13.6% | +9.7% | |
| +6.5% | +2.2% | ||
| −3.8% | −11.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +16.3% | +12.2% |
| from | +22.2% | +17.5% |
| from | +12.6% | +9.8% |
| from | −1.0% | −7.0% |
| from | +5.1% | −3.4% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
13.3%over 5 years
| 1 year | 10.9% |
|---|---|
| 3 years | 11.0% |
| 5 years | 13.3% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −14.8%
- From to
- Lowest 12-month return
- −13.6%
- 12 months to
- Highest 12-month return
- +40.3%
- 12 months to
- Below its highest weekly close since November 2021
- 0.7%
- High of , latest
In words: Volatility of HSBC MSCI Canada UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 10.9% over 1 year, 11.0% over 3 years, 13.3% over 5 years. Largest fall in the price of HSBC MSCI Canada UCITS ETF since November 2021, in pounds: −14.8% from 01/04/2022 to 27/10/2023. The lowest 12-month return of HSBC MSCI Canada UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −13.6% (12 months to 24/03/2023); the highest was +40.3% (12 months to 10/04/2026). On 13/11/2026 the price of HSBC MSCI Canada UCITS ETF was 0.7% below its highest weekly close since November 2021 (26/08/2026), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.35%
- a year
- On £10,000
- £35
- a year, roughly
- Over five years
- £174
- of £10,000, before growth
- 142 charge less
- 9 the same
- 56 charge more
Ongoing charge of HSBC MSCI Canada UCITS ETF 0.35% a year. Compared on 14/11/2026, 56 of the 207 other global share funds charge more, 9 the same and 142 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
HSBC MSCI Canada UCITS ETF is an exchange-traded fund (ETF) from HSBC, launched in 2011.
It tracks the MSCI Canada.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.35% a year — about £35 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
Global shares: Thousands of companies across many countries, held in one fund — the broadest way to own the stock market.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- HCAN
- ISIN
- IE00B51B7Z02
- Also listed as
- HCAD (London Stock Exchange, US dollars)
- Provider
- HSBC
- Tracks
- MSCI Canada
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.35% a year · about £35 on £10,000
- Fund size
- £101m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Global shares
Price chart
Over the last year, the closing price went from £23.19 on 14/11/2025 to £27.32 on 13/11/2026 (+17.8%). The lowest close shown was £22.99 on 21/11/2025 and the highest £27.52 on 26/08/2026.
One close a week. Before 29/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
261 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 81
- 82 reported in all
- Ten largest
- 45.1%
- of the whole fund
- Effective number of holdings
- 32
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 9.1%
- Royal Bank of Canada
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Royal Bank of CanadaRYCanada | 9.13% |
| 2 | Toronto-Dominion BankTDCanada | 6.62% |
| 3 | ShopifySHOPCanada | 5.91% |
| 4 | Bank of MontrealBMOCanada | 3.82% |
| 5 | Bank of Nova ScotiaBNSCanada | 3.68% |
| 6 | Canadian Imperial Bank of CommerceCMCanada | 3.44% |
| 7 | EnbridgeENBCanada | 3.35% |
| 8 | Canadian Natural ResourcesCNQCanada | 3.29% |
| 9 | Agnico Eagle MinesAEMCanada | 3.18% |
| 10 | BrookfieldBNCanada | 2.68% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By country
- Canada98.6%
- United States1.2%
- Not classified0.2%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 81 largest and what changed since .
More of the portfolio
The fund publishes 82 holdings; the ten largest make up 45.1% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Sector split
As a share of the whole fund. 99.1% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Finance40.6%
- Non-Energy Minerals14.6%
- Energy Minerals8.7%
- Industrial Services8.3%
- Commercial Services6.2%
- Transportation5.0%
- Retail Trade4.7%
- Technology Services3.2%
- Other classified sectors7.8%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
4 funds track MSCI Canada, this one included and share classes counted once; their ongoing charges range from 0.35% to 0.48% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| HSBC MSCI Canada UCITS ETFThis fundDistributing · 0.35% a year | 0.35% | +19.2% | +77.2% | +71.1% |
| iShares MSCI Canada UCITS ETFAccumulating · 0.48% a year | 0.48% | +19.0% | +76.4% | +69.1% |
| UBS MSCI Canada UCITS ETF -CAD dis- DistributionDistributing · 0.39% a year | 0.39% | +16.9% | +76.0% | +70.6% |
| UBS MSCI Canada UCITS ETF-CAD acc- CapitalisationAccumulating · 0.39% a year | 0.39% | +17.4% | +72.5% | +71.0% |
As of
MSCI Canada funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 253 rolling 12-month returns since January 2021, and of 149 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1, 3 and 5 years among up to 132 global share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI World UCITS ETF, over the three years to 13/11/2026 (152 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of HCAN?
The ongoing charge of HCAN is 0.35% a year — about £35 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of HSBC MSCI Canada UCITS ETF 0.35% a year. Compared on 14/11/2026, 56 of the 207 other global share funds charge more, 9 the same and 142 less (share classes counted once).
What does HCAN track?
HCAN tracks the MSCI Canada.
Is HCAN accumulating or distributing?
HCAN is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
What is the ISIN of HCAN?
The ISIN of HCAN is IE00B51B7Z02. An ISIN identifies one exact share class of a fund; HCAN is its ticker on the London Stock Exchange. The same share class is also listed as HCAD (London Stock Exchange, US dollars).
What does HCAN hold?
As of 06/11/2026, HCAN holds 82 positions, according to its published holdings. The largest is Royal Bank of Canada at 9.13% of the fund; the ten largest make up 45.1%. Its ten largest holdings are Royal Bank of Canada (9.13%), Toronto-Dominion Bank (6.62%), Shopify (5.91%), Bank of Montreal (3.82%), Bank of Nova Scotia (3.68%), Canadian Imperial Bank of Commerce (3.44%), Enbridge (3.35%), Canadian Natural Resources (3.29%), Agnico Eagle Mines (3.18%) and Brookfield (2.68%).
What were HCAN’s returns in each of the last five years?
Calendar-year returns of HCAN in pounds (price only, income paid out not included): 2022 −3.8%, 2023 +6.5%, 2024 +13.6%, 2025 +22.2%; 2026 to 13/11/2026 +12.7%. Past performance is not a guide to future returns.
How has HCAN done after inflation?
Over the five years to 13/11/2026 HCAN’s total return was +71.1%, or +33.5% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- SWDAiShares Core MSCI World UCITS ETF0.20% a year · £110bn
- VWRPVanguard FTSE All-World UCITS ETF Accum USD0.14% a year · £49bn
- SSACiShares MSCI All Country World UCITS ETF0.20% a year · £26bn
- VWRLVanguard FTSE All-World UCITS ETF0.14% a year · £20bn
- XWLDXtrackers MSCI World UCITS ETF0.12% a year · £18bn
- ACWIState Street SPDR MSCI All Country World UCITS ETF0.12% a year · £16bn
- SWLDState Street SPDR MSCI World UCITS ETF0.12% a year · £16bn
- MWRLAmundi Core MSCI World UCITS ETF Accum USD0.13% a year · £13bn
Fund documents and methods
- Fund documents
- Fund page at HSBC Asset Management · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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