# HSBC MSCI Canada UCITS ETF (HCAN) **Source:** https://fundology.uk/fund/hcan · ISIN IE00B51B7Z02 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, HCAN (HSBC MSCI Canada UCITS ETF, ISIN IE00B51B7Z02) closed at £26.56 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the five years to 30/09/2026 its total return was +83.6%, or +43.6% after UK CPIH inflation. ## Summary 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. Latest close: **£26.56** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | HCAN | | ISIN | IE00B51B7Z02 | | Category | Other | | Type | ETF | | Provider | HSBC | | Tracks | MSCI Canada | | Income | Distributing | | Ongoing charge | 0.35% a year (£35 per £10,000) | | Fund size | £77.3m | | Launched | 2011 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +20.17% | +16.40% | income reinvested | | 3 years | +71.00% | +54.31% | income reinvested | | 5 years | +83.65% | +43.56% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year 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 +11.3%, 2025 +25.9%; 2026 to 30/09/2026 +8.5%. Returns of HSBC MSCI Canada UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +18.2%; to 30/09/2025: +20.3%; to 30/09/2024: +12.6%; to 30/09/2023: −1.0%; to 30/09/2022: +4.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -3.8% | -11.9% | Price | | 2023 | +6.5% | +2.2% | Price | | 2024 | +11.3% | +7.5% | Price | | 2025 | +25.9% | +21.6% | Price | | 2026 to 30/09/2026 | +8.5% | +5.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 11.38% | -6.74% | | 3 years | 11.61% | -12.19% | | 5 years | 13.35% | -14.82% | ## Largest fall Volatility of HSBC MSCI Canada UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 11.4% over 1 year, 11.6% over 3 years, 13.4% over 5 years. Largest fall in the price of HSBC MSCI Canada UCITS ETF since October 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 30/09/2026 the price of HSBC MSCI Canada UCITS ETF was 3.5% below its highest weekly close since October 2021 (26/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of HSBC MSCI Canada UCITS ETF 0.35% a year, as of 01/10/2026: 60 of the 64 other other funds charge more, 1 the same and 3 less (share classes counted once). ## Funds tracking the same index 2 funds track MSCI Canada, this one included and share classes counted once; their ongoing charges range from 0.35% to 0.48% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | HSBC MSCI Canada UCITS ETF (this fund) | 0.35% | +20.2% | +71.0% | +83.6% | | iShares MSCI Canada UCITS ETF | 0.48% | +20.0% | +70.3% | +81.5% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.35%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 28/09/2026): | Holding | Weight | |---|---| | Capital Cash Ctrl | 22.19% | | Royal Bank of Canada | 9.22% | | Toronto-Dominion Bank | 6.54% | | Shopify Inc Registered Shs -A- Subord Vtg | 5.77% | | Bank of Montreal | 3.87% | | Bank of Nova Scotia | 3.76% | | Canadian Imperial Bank of Commerce | 3.39% | | Enbridge | 3.39% | | Canadian Natural Resources | 3.26% | | Agnico Eagle Mines | 3.09% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By country Added up from the holdings HSBC publishes, as of 28/09/2026. | Country | Weight | |---|---| | Canada | 99.0% | | United States | 1.1% | | Not classified | 25.4% | All 90 holdings: https://fundology.uk/fund/hcan/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.