# HSBC Plus Emerging Mrkts Equity Income Quant Active UCITS ETF (HQES)

**Source:** https://fundology.uk/fund/hqes · ISIN IE000UERNJ93 · 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, HQES (HSBC Plus Emerging Mrkts Equity Income Quant Active UCITS ETF, ISIN IE000UERNJ93) closed at £10.37 on the London Stock Exchange. Its ongoing charge is 0.37% a year (about £37 on £10,000). Over the year to 30/09/2026 its total return was +27.3%, or +23.3% after UK CPIH inflation.

## Summary

HSBC Plus Emerging Mrkts Equity Income Quant Active UCITS ETF is an exchange-traded fund (ETF) from HSBC, launched in 2025. It tracks the No Underlying Index. 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 reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£10.37** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | HQES |
| ISIN | IE000UERNJ93 |
| Category | Dividend & income |
| Type | ETF |
| Provider | HSBC |
| Income | Accumulating |
| Ongoing charge | 0.37% a year (£37 per £10,000) |
| Fund size | £83.8m |
| Launched | 2025 |
| 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 | +27.34% | +23.35% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of HSBC Plus Emerging Mrkts Equity Income Quant Active UCITS ETF 0.37% a year, as of 01/10/2026: 51 of the 99 other dividend and income funds charge more, 0 the same and 48 less (share classes counted once).

## 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 |
|---|---|
| TSMC | 9.63% |
| Samsung Electronics | 7.77% |
| SK hynix | 6.25% |
| Tencent | 2.74% |
| MediaTek | 2.16% |
| Alibaba Group | 1.50% |
| Usd Spot Fx Purchases Settlement | 1.30% |
| Hon Hai Precision Industry | 1.19% |
| Samsung Electronics | 1.18% |
| HDFC Bank | 1.14% |

## 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 |
|---|---|
| Taiwan | 27.5% |
| South Korea | 21.1% |
| China | 18.8% |
| India | 11.3% |
| Brazil | 3.9% |
| South Africa | 2.2% |
| Saudi Arabia | 2.1% |
| Malaysia | 1.9% |
| Other countries | 11.3% |
| Not classified | 5.4% |

All 399 holdings: https://fundology.uk/fund/hqes/holdings

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.