# HSBC Emerging Market Screened Equity UCITS ETF Accum USD (HSEF) **Page:** https://fundology.uk/fund/hsef · ISIN IE00BKY59G90 ## 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 13/11/2026, HSEF (HSBC Emerging Market Screened Equity UCITS ETF Accum USD, ISIN IE00BKY59G90) closed at £15.73 on the London Stock Exchange. Its ongoing charge is 0.18% a year (about £18 on £10,000). Over the five years to 13/11/2026 its total return was +31.4%, or +2.6% after UK CPIH inflation. ## Summary HSBC ETFs PLC - HSBC Emerging Market Screened Equity UCITS ETF Accum USD is an exchange-traded fund (ETF) from HSBC, launched in 2020. It tracks the FTSE Emerging ESG Low Carbon Select Index — companies in emerging economies such as China, India, Taiwan and Brazil. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.18% a year — about £18 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: **£15.73** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | HSEF | | ISIN | IE00BKY59G90 | | Also listed as | HSEM (London Stock Exchange, US dollars), H4Z1 (Xetra, euros) | | Category | Sustainable & clean energy | | Type | ETF | | Provider | HSBC | | Tracks | FTSE Emerging ESG Low Carbon Select Index | | Income | Accumulating | | Ongoing charge | 0.18% a year (£18 per £10,000) | | Fund size | £140m | | Launched | 2020 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 27/08/2020 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +7.12% | +3.33% | income reinvested | | 3 years | +56.78% | +41.65% | income reinvested | | 5 years | +31.42% | +2.58% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of HSBC ETFs PLC - HSBC Emerging Market Screened Equity UCITS ETF Accum USD in pounds (price, with income reinvested in the fund): 2022 −8.4%, 2023 −1.3%, 2024 +18.3%, 2025 +21.4%; 2026 to 13/11/2026 +5.4%. Returns of HSBC ETFs PLC - HSBC Emerging Market Screened Equity UCITS ETF Accum USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +17.1%; to 30/09/2025: +20.4%; to 30/09/2024: +18.1%; to 30/09/2023: −0.6%; to 30/09/2022: −8.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -8.4% | -16.1% | Price | | 2023 | -1.3% | -5.3% | Price | | 2024 | +18.3% | +14.2% | Price | | 2025 | +21.4% | +17.3% | Price | | 2026 to 13/11/2026 | +5.4% | +2.1% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 15.61% | -11.00% | | 3 years | 14.36% | -11.84% | | 5 years | 14.84% | -19.22% | ## Largest fall Volatility of HSBC ETFs PLC - HSBC Emerging Market Screened Equity UCITS ETF Accum USD in pounds, annualised from weekly returns to 13/11/2026: 15.6% over 1 year, 14.4% over 3 years, 14.8% over 5 years. Largest fall in the price of HSBC ETFs PLC - HSBC Emerging Market Screened Equity UCITS ETF Accum USD since November 2021, in pounds: −17.9% from 19/11/2021 to 28/10/2022. The lowest 12-month return of HSBC ETFs PLC - HSBC Emerging Market Screened Equity UCITS ETF Accum USD in pounds (price, with income reinvested in the fund) since January 2021 was −15.0% (12 months to 28/10/2022); the highest was +45.8% (12 months to 17/04/2026). On 13/11/2026 the price of HSBC ETFs PLC - HSBC Emerging Market Screened Equity UCITS ETF Accum USD was 9.2% below its highest weekly close since November 2021 (09/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of HSBC ETFs PLC - HSBC Emerging Market Screened Equity UCITS ETF Accum USD 0.18% a year. Compared on 14/11/2026, 144 of the 177 other sustainable and clean-energy funds charge more, 13 the same and 20 less (share classes counted once). ## Funds tracking the same index 2 funds track FTSE Emerging ESG Low Carbon Select Index, this one included and share classes counted once; their ongoing charges range from 0.18% to 0.18% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | HSBC ETFs PLC - HSBC Emerging Market Screened Equity UCITS ETF Accum USD (this fund) | 0.18% | +7.1% | +56.8% | +31.4% | | HSBC ETFs PLC - HSBC Emerging Market Screened Equity UCITS ETF USD | 0.18% | +7.1% | — | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.18%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 06/11/2026, HSEF holds 368 positions, according to its published holdings. The largest is TSMC at 9.53% of the fund; the ten largest make up 38.6%. ### Top holdings Largest positions (as of 06/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | TSMC | [2330](https://fundology.uk/stock/2330) | 9.53% | | 2 | ASE Technology | [3711](https://fundology.uk/stock/3711) | 5.44% | | 3 | Infosys | [INFY](https://fundology.uk/stock/INFY) | 4.41% | | 4 | Ping An Insurance (Group) Co. of China · Class H | — | 4.03% | | 5 | United Microelectronics | [2303](https://fundology.uk/stock/2303) | 3.33% | | 6 | Gold Fields | [GFI](https://fundology.uk/stock/GFI) | 3.23% | | 7 | Delta Electronics | [2308](https://fundology.uk/stock/2308) | 2.29% | | 8 | Wuxi Biologics (Cayman) | [2269](https://fundology.uk/stock/2269) | 2.26% | | 9 | Zijin Mining Group · Class H | [601899](https://fundology.uk/stock/601899) | 2.23% | | 10 | Saudi Telecom | [7010](https://fundology.uk/stock/7010) | 1.84% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By country Added up from the fund’s published holdings, as of 03/11/2026. | Country | Weight | |---|---| | Taiwan | 32.4% | | China | 25.9% | | India | 17.5% | | Brazil | 3.9% | | South Africa | 3.5% | | Saudi Arabia | 3.2% | | Mexico | 2.4% | | United Arab Emirates | 1.8% | | Other countries | 8.5% | | Not classified | 0.8% | The 353 holdings on record (of 368 reported): https://fundology.uk/fund/hsef/holdings ## Questions people ask **What is the ongoing charge of HSEF?** The ongoing charge of HSEF is 0.18% a year — about £18 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 ETFs PLC - HSBC Emerging Market Screened Equity UCITS ETF Accum USD 0.18% a year. Compared on 14/11/2026, 144 of the 177 other sustainable and clean-energy funds charge more, 13 the same and 20 less (share classes counted once). **What does HSEF track?** HSEF tracks the FTSE Emerging ESG Low Carbon Select Index — companies in emerging economies such as China, India, Taiwan and Brazil. **Is HSEF accumulating or distributing?** HSEF is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of HSEF?** The ISIN of HSEF is IE00BKY59G90. An ISIN identifies one exact share class of a fund; HSEF is its ticker on the London Stock Exchange. The same share class is also listed as HSEM (London Stock Exchange, US dollars) and H4Z1 (Xetra, euros). **What does HSEF hold?** As of 06/11/2026, HSEF holds 368 positions, according to its published holdings. The largest is TSMC at 9.53% of the fund; the ten largest make up 38.6%. Its ten largest holdings are TSMC (9.53%), ASE Technology (5.44%), Infosys (4.41%), Ping An Insurance (Group) Co. of China · Class H (4.03%), United Microelectronics (3.33%), Gold Fields (3.23%), Delta Electronics (2.29%), Wuxi Biologics (Cayman) (2.26%), Zijin Mining Group · Class H (2.23%) and Saudi Telecom (1.84%). **What were HSEF’s returns in each of the last five years?** Calendar-year returns of HSEF in pounds (price, with income reinvested in the fund): 2022 −8.4%, 2023 −1.3%, 2024 +18.3%, 2025 +21.4%; 2026 to 13/11/2026 +5.4%. Past performance is not a guide to future returns. **How has HSEF done after inflation?** Over the five years to 13/11/2026 HSEF’s total return was +31.4%, or +2.6% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at HSBC Asset Management](https://www.assetmanagement.hsbc.co.uk/en/individual-investor/funds/ie00bky59g90) - [Key investor information document (KIID)](https://www.assetmanagement.hsbc.co.uk/api/v1/download/document/ie00bky59g90/gb/en/kiid) - [Factsheet](https://www.assetmanagement.hsbc.co.uk/api/v1/download/document/ie00bky59g90/gb/en/factsheet) - Links checked 12/10/2026. --- 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.