# HSBC Europe Screened Equity UCITS ETF (HSEP) **Page:** https://fundology.uk/fund/hsep · ISIN IE00BKY55W78 ## 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, HSEP (HSBC Europe Screened Equity UCITS ETF, ISIN IE00BKY55W78) closed at £18.52 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 +39.9%, or +9.2% after UK CPIH inflation. ## Summary HSBC Europe Screened Equity UCITS ETF Accum Shs EUR is an exchange-traded fund (ETF) from HSBC, launched in 2020. It tracks the FTSE Developed ESG Low Carbon Select Index — large and medium-sized companies in developed countries. 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 reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£18.52** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | HSEP | | ISIN | IE00BKY55W78 | | Also listed as | HSEU (London Stock Exchange, euros) | | Category | Sustainable & clean energy | | Type | ETF | | Provider | HSBC | | Tracks | FTSE Developed ESG Low Carbon Select Index | | Income | Accumulating | | Ongoing charge | 0.15% a year (£15 per £10,000) | | Fund size | £16.0m | | Launched | 2020 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 05/06/2020 | ## 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 | +13.50% | +9.48% | income reinvested | | 3 years | +58.17% | +42.90% | income reinvested | | 5 years | +39.93% | +9.22% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of HSBC Europe Screened Equity UCITS ETF Accum Shs EUR in pounds (price, with income reinvested in the fund): 2022 −6.2%, 2023 +13.1%, 2024 +4.6%, 2025 +25.6%; 2026 to 13/11/2026 +11.8%. Returns of HSBC Europe Screened Equity UCITS ETF Accum Shs EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +16.4%; to 30/09/2025: +12.9%; to 30/09/2024: +16.4%; to 30/09/2023: +18.3%; to 30/09/2022: −10.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -6.2% | -14.1% | Price | | 2023 | +13.1% | +8.6% | Price | | 2024 | +4.6% | +1.1% | Price | | 2025 | +25.6% | +21.3% | Price | | 2026 to 13/11/2026 | +11.8% | +8.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 15.20% | -11.57% | | 3 years | 12.64% | -11.57% | | 5 years | 14.17% | -16.63% | ## Largest fall Volatility of HSBC Europe Screened Equity UCITS ETF Accum Shs EUR in pounds, annualised from weekly returns to 13/11/2026: 15.2% over 1 year, 12.6% over 3 years, 14.2% over 5 years. Largest fall in the price of HSBC Europe Screened Equity UCITS ETF Accum Shs EUR since November 2021, in pounds: −15.8% from 31/12/2021 to 14/10/2022. The lowest 12-month return of HSBC Europe Screened Equity UCITS ETF Accum Shs EUR in pounds (price, with income reinvested in the fund) since January 2021 was −12.5% (12 months to 14/10/2022); the highest was +28.8% (12 months to 10/04/2026). On 13/11/2026 the price of HSBC Europe Screened Equity UCITS ETF Accum Shs EUR was 2.3% below its highest weekly close since November 2021 (03/07/2026), in pounds. ## Charges compared with similar funds Ongoing charge of HSBC Europe Screened Equity UCITS ETF Accum Shs EUR 0.15% a year. Compared on 14/11/2026, 162 of the 177 other sustainable and clean-energy funds charge more, 7 the same and 8 less (share classes counted once). ## Funds tracking the same index 3 funds track FTSE Developed ESG Low Carbon Select Index, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.18% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | HSBC ETFs PLC - HSBC Developed World Screened Equity UCITS ETF Accum Shs USD | 0.18% | +18.9% | +66.3% | — | | HSBC ETFs PLC - HSBC Developed World Screened Equity UCITS ETF USD | 0.18% | +18.9% | — | — | | HSBC Europe Screened Equity UCITS ETF Accum Shs EUR (this fund) | 0.15% | +13.5% | +58.2% | +39.9% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.15%** per year - 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, HSEP holds 286 positions, according to its published holdings. The largest is Schneider Electric at 6.46% of the fund; the ten largest make up 39.3%. ### Top holdings Largest positions (as of 06/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Schneider Electric | [SU](https://fundology.uk/stock/SU) | 6.46% | | 2 | Novartis | [NOVN](https://fundology.uk/stock/NOVN) | 4.70% | | 3 | ASML | [ASML](https://fundology.uk/stock/ASML) | 4.65% | | 4 | Iberdrola | [IBE](https://fundology.uk/stock/IBE) | 4.15% | | 5 | Enel | [ENEL](https://fundology.uk/stock/ENEL) | 3.93% | | 6 | NatWest Group | [NWG](https://fundology.uk/stock/NWG) | 3.74% | | 7 | Allianz | [ALV](https://fundology.uk/stock/ALV) | 3.54% | | 8 | UBS Group | [UBSG](https://fundology.uk/stock/UBSG) | 3.09% | | 9 | Diageo | [DGE](https://fundology.uk/stock/DGE) | 2.60% | | 10 | Barclays | [BARC](https://fundology.uk/stock/BARC) | 2.41% | ## 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 | |---|---| | United Kingdom | 21.1% | | Switzerland | 15.8% | | Germany | 13.3% | | France | 13.2% | | Netherlands | 8.1% | | Spain | 6.7% | | Italy | 5.3% | | Sweden | 5.2% | | Other countries | 10.6% | | Not classified | 0.8% | The 281 holdings on record (of 286 reported): https://fundology.uk/fund/hsep/holdings ## Questions people ask **What is the ongoing charge of HSEP?** The ongoing charge of HSEP 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 Europe Screened Equity UCITS ETF Accum Shs EUR 0.15% a year. Compared on 14/11/2026, 162 of the 177 other sustainable and clean-energy funds charge more, 7 the same and 8 less (share classes counted once). **What does HSEP track?** HSEP tracks the FTSE Developed ESG Low Carbon Select Index — large and medium-sized companies in developed countries. **Is HSEP accumulating or distributing?** HSEP 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 HSEP?** The ISIN of HSEP is IE00BKY55W78. An ISIN identifies one exact share class of a fund; HSEP is its ticker on the London Stock Exchange. The same share class is also listed as HSEU (London Stock Exchange, euros). **What does HSEP hold?** As of 06/11/2026, HSEP holds 286 positions, according to its published holdings. The largest is Schneider Electric at 6.46% of the fund; the ten largest make up 39.3%. Its ten largest holdings are Schneider Electric (6.46%), Novartis (4.70%), ASML (4.65%), Iberdrola (4.15%), Enel (3.93%), NatWest Group (3.74%), Allianz (3.54%), UBS Group (3.09%), Diageo (2.60%) and Barclays (2.41%). **What were HSEP’s returns in each of the last five years?** Calendar-year returns of HSEP in pounds (price, with income reinvested in the fund): 2022 −6.2%, 2023 +13.1%, 2024 +4.6%, 2025 +25.6%; 2026 to 13/11/2026 +11.8%. Past performance is not a guide to future returns. **How has HSEP done after inflation?** Over the five years to 13/11/2026 HSEP’s total return was +39.9%, or +9.2% 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/ie00bky55w78) - [Key investor information document (KIID)](https://www.assetmanagement.hsbc.co.uk/api/v1/download/document/ie00bky55w78/gb/en/kiid) - [Factsheet](https://www.assetmanagement.hsbc.co.uk/api/v1/download/document/ie00bky55w78/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.