# HSBC FTSE EPRA/NAREIT Developed UCITS ETF (HPRO) **Source:** https://fundology.uk/fund/hpro · ISIN IE00B5L01S80 · 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, HPRO (HSBC FTSE EPRA/NAREIT Developed UCITS ETF, ISIN IE00B5L01S80) closed at £17.04 on the London Stock Exchange. Its ongoing charge is 0.37% a year (about £37 on £10,000). Over the five years to 30/09/2026 its total return was +6.2%, or −17.0% after UK CPIH inflation. ## Summary HSBC FTSE EPRA/NAREIT Developed UCITS ETF is an exchange-traded fund (ETF) from HSBC, launched in 2011. It tracks the FTSE EPRA Nareit Developed. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.37% a year — about £37 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: **£17.04** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | HPRO | | ISIN | IE00B5L01S80 | | Category | Property & infrastructure | | Type | ETF | | Provider | HSBC | | Tracks | FTSE EPRA Nareit Developed | | Income | Distributing | | Ongoing charge | 0.37% a year (£37 per £10,000) | | Fund size | £1.4bn | | 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 | +5.33% | +2.02% | income reinvested | | 3 years | +22.70% | +10.72% | income reinvested | | 5 years | +6.15% | -17.02% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of HSBC FTSE EPRA/NAREIT Developed UCITS ETF in pounds (price only, income paid out not included): 2022 −18.3%, 2023 +1.1%, 2024 −1.3%, 2025 −1.5%; 2026 to 30/09/2026 +3.1%. Returns of HSBC FTSE EPRA/NAREIT Developed UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +1.8%; to 30/09/2025: −4.5%; to 30/09/2024: +13.3%; to 30/09/2023: −10.5%; to 30/09/2022: −9.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -18.3% | -25.2% | Price | | 2023 | +1.1% | -3.0% | Price | | 2024 | -1.3% | -4.7% | Price | | 2025 | -1.5% | -4.9% | Price | | 2026 to 30/09/2026 | +3.1% | +0.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 13.80% | -9.77% | | 3 years | 13.96% | -15.62% | | 5 years | 14.46% | -29.88% | ## Largest fall Volatility of HSBC FTSE EPRA/NAREIT Developed UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 13.8% over 1 year, 14.0% over 3 years, 14.5% over 5 years. Largest fall in the price of HSBC FTSE EPRA/NAREIT Developed UCITS ETF since October 2021, in pounds: −29.9% from 31/12/2021 to 27/10/2023. The lowest 12-month return of HSBC FTSE EPRA/NAREIT Developed UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −22.3% (12 months to 18/08/2023); the highest was +22.4% (12 months to 07/01/2022). On 30/09/2026 the price of HSBC FTSE EPRA/NAREIT Developed UCITS ETF was 17.4% below its highest weekly close since October 2021 (31/12/2021), in pounds. ## Charges compared with similar funds Ongoing charge of HSBC FTSE EPRA/NAREIT Developed UCITS ETF 0.37% a year, as of 01/10/2026: 40 of the 51 other property and infrastructure funds charge more, 1 the same and 10 less (share classes counted once). ## Funds tracking the same index 3 funds track FTSE EPRA Nareit Developed, this one included and share classes counted once; their ongoing charges range from 0.24% to 0.37% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi FTSE EPRA Nareit Global -UCITS ETF DR- Capitalisation | 0.24% | +5.1% | +21.8% | +4.6% | | HSBC FTSE EPRA/NAREIT DEVELOPED UCITS ETF | 0.37% | +5.3% | +7.8% | — | | HSBC FTSE EPRA/NAREIT Developed UCITS ETF (this fund) | 0.37% | +5.3% | +22.7% | +6.2% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.37%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 28/09/2026): | Holding | Weight | |---|---| | Welltower | 8.65% | | Prologis | 6.45% | | Capital Cash Ctrl | 5.93% | | Equinix | 5.12% | | Digital Realty Trust | 3.38% | | Simon Property Group | 3.36% | | Realty Income | 2.66% | | Public Storage | 2.46% | | Vivmark Residential | 2.39% | | Ventas | 2.29% | ## 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 | |---|---| | United States | 66.5% | | Japan | 8.2% | | Australia | 5.4% | | Singapore | 3.4% | | United Kingdom | 3.4% | | Hong Kong | 2.7% | | Canada | 1.9% | | France | 1.7% | | Other countries | 6.7% | | Not classified | 7.3% | All 374 holdings: https://fundology.uk/fund/hpro/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.