ETF · HSBC
HMUS HSBC MSCI USA Quality UCITS ETF USD
ISIN IE00B5WFQ436London Stock Exchange: HMUSHSBC Holdings Plc
Latest close
LSE£55.07
on
- Ongoing charge
- 0.15% a year
- Fund size
- £211m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, HMUS (HSBC MSCI USA Quality UCITS ETF USD, ISIN IE00B5WFQ436) closed at £55.07 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 13/11/2026 its total return was +69.1%, or +32.0% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +14.5%
- +10.4% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +62.8%
- +47.1% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +69.1%
- +32.0% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,691 on 13/11/2026 — about £1,320 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 USA Quality UCITS ETF USD in pounds (price only, income paid out not included): 2022 −11.6%, 2023 +19.2%, 2024 +27.1%, 2025 +3.1%; 2026 to 13/11/2026 +15.5%. Returns of HSBC MSCI USA Quality UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +15.6%; to 30/09/2025: +14.4%; to 30/09/2024: +21.4%; to 30/09/2023: +7.6%; to 30/09/2022: +1.2%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +15.5% | +11.8% | |
| to | +3.1% | −0.4% | |
| to | +27.1% | +22.7% | |
| +19.2% | +14.4% | ||
| −11.6% | −19.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +15.6% | +11.5% |
| from | +14.4% | +9.9% |
| from | +21.4% | +18.3% |
| from | +7.6% | +1.1% |
| from | +1.2% | −6.9% |
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)
13.5%over 5 years
| 1 year | 10.6% |
|---|---|
| 3 years | 12.6% |
| 5 years | 13.5% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −19.5%
- From to
- Lowest 12-month return
- −11.6%
- 12 months to
- Highest 12-month return
- +32.4%
- 12 months to
- Below its highest weekly close since November 2021
- 0.8%
- High of , latest
In words: Volatility of HSBC MSCI USA Quality UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 10.6% over 1 year, 12.6% over 3 years, 13.5% over 5 years. Largest fall in the price of HSBC MSCI USA Quality UCITS ETF USD since November 2021, in pounds: −19.5% from 17/01/2025 to 18/04/2025. The lowest 12-month return of HSBC MSCI USA Quality UCITS ETF USD in pounds (price only, income paid out not included) since January 2021 was −11.6% (12 months to 30/12/2022); the highest was +32.4% (12 months to 22/11/2024). On 13/11/2026 the price of HSBC MSCI USA Quality UCITS ETF USD was 0.8% below its highest weekly close since November 2021 (09/10/2026), 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
- 0.15%
- a year
- On £10,000
- £15
- a year, roughly
- Over five years
- £75
- of £10,000, before growth
- 87 charge less
- 15 the same
- 152 charge more
Ongoing charge of HSBC MSCI USA Quality UCITS ETF USD 0.15% a year. Compared on 14/11/2026, 152 of the 254 other US share funds charge more, 15 the same and 87 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 USA Quality UCITS ETF USD is an exchange-traded fund (ETF) from HSBC, launched in 2010.
It tracks the MSCI USA Sector Neutral Quality.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.15% a year — about £15 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.
US shares: American companies, including the S&P 500 and Nasdaq-100 — the largest stock market in the world.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- HMUS
- ISIN
- IE00B5WFQ436
- Also listed as
- HMUD (London Stock Exchange, US dollars)
- Provider
- HSBC
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.15% a year · about £15 on £10,000
- Fund size
- £211m
- 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
- US shares
Price chart
Over the last year, the closing price went from £47.88 on 14/11/2025 to £55.07 on 13/11/2026 (+15.0%). The lowest close shown was £46.40 on 27/03/2026 and the highest £55.52 on 09/10/2026.
One close a week. Before 18/09/2026 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
262 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
- 118
- on record
- Ten largest
- 44.0%
- of the whole fund
- Effective number of holdings
- 35
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 8.2%
- Microsoft
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | MicrosoftMSFTUnited States | 8.23% |
| 2 | AppleAAPLUnited States | 7.41% |
| 3 | NVIDIANVDAUnited States | 5.48% |
| 4 | Eli LillyLLYUnited States | 4.35% |
| 5 | Meta Platforms · Class AMETAUnited States | 4.07% |
| 6 | Visa · Class AVUnited States | 3.68% |
| 7 | TJX CompaniesTJXUnited States | 3.44% |
| 8 | Mastercard · Class AMAUnited States | 2.62% |
| 9 | Lam ResearchLRCXUnited States | 2.40% |
| 10 | ExxonMobilXOMUnited States | 2.35% |
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
- United States99.4%
- Switzerland0.4%
- 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 100 largest and what changed since .
More of the portfolio
The fund publishes 118 holdings; the ten largest make up 44.0% 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. 99.8% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Technology Services24.0%
- Electronic Technology18.6%
- Finance13.8%
- Health Technology10.5%
- Retail Trade9.0%
- Producer Manufacturing7.5%
- Energy Minerals2.9%
- Consumer Non-Durables2.8%
- Other classified sectors10.6%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
3 funds track MSCI USA Sector Neutral Quality, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.20% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| HSBC MSCI USA Quality UCITS ETF USDThis fundDistributing · 0.15% a year | 0.15% | +14.5% | +62.8% | +69.1% |
| iShares Edge MSCI USA Quality Factor UCITS ETFAccumulating · 0.20% a year | 0.20% | +14.6% | +55.4% | +66.2% |
| iShares Edge MSCI USA Quality Factor UCITS ETF DistDistributing · 0.20% a year | 0.20% | +15.2% | +55.5% | +66.7% |
As of
MSCI USA Sector Neutral Quality 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 192 US share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core S&P 500 UCITS ETF, over the three years to 13/11/2026 (154 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 HMUS?
The ongoing charge of HMUS is 0.15% a year — about £15 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 USA Quality UCITS ETF USD 0.15% a year. Compared on 14/11/2026, 152 of the 254 other US share funds charge more, 15 the same and 87 less (share classes counted once).
What does HMUS track?
HMUS tracks the MSCI USA Sector Neutral Quality.
Is HMUS accumulating or distributing?
HMUS is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.
What is the ISIN of HMUS?
The ISIN of HMUS is IE00B5WFQ436. An ISIN identifies one exact share class of a fund; HMUS is its ticker on the London Stock Exchange. The same share class is also listed as HMUD (London Stock Exchange, US dollars).
What does HMUS hold?
As of 06/11/2026, HMUS holds 118 positions, according to its published holdings. The largest is Microsoft at 8.23% of the fund; the ten largest make up 44.0%. Its ten largest holdings are Microsoft (8.23%), Apple (7.41%), NVIDIA (5.48%), Eli Lilly (4.35%), Meta Platforms · Class A (4.07%), Visa · Class A (3.68%), TJX Companies (3.44%), Mastercard · Class A (2.62%), Lam Research (2.40%) and ExxonMobil (2.35%).
What were HMUS’s returns in each of the last five years?
Calendar-year returns of HMUS in pounds (price only, income paid out not included): 2022 −11.6%, 2023 +19.2%, 2024 +27.1%, 2025 +3.1%; 2026 to 13/11/2026 +15.5%. Past performance is not a guide to future returns.
How has HMUS done after inflation?
Over the five years to 13/11/2026 HMUS’s total return was +69.1%, or +32.0% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- CSP1iShares Core S&P 500 UCITS ETF0.07% a year · £116bn
- VUSAVanguard S&P 500 UCITS ETF0.07% a year · £40bn
- SPXPInvesco S&P 500 UCITS ETF0.05% a year · £31bn
- VUAGVanguard S&P 500 UCITS ETF Acc0.07% a year · £29bn
- CNX1iShares NASDAQ 100 UCITS ETF USD0.30% a year · £21bn
- IUSAiShares Core S&P 500 UCITS ETF USD (Dist)0.07% a year · £17bn
- SPX5State Street SPDR S&P 500 UCITS ETF USD0.03% a year · £16bn
- SPXLState Street SPDR S&P 500 UCITS ETF0.03% a year · £15bn
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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