Global Research Enhanced Index Equity Active UCITS ETF

Global Research Enhanced Index Equity Active UCITS ETF

About

Global Research Enhanced Index Equity Active UCITS ETF (IE000HFXP0D2) is a UCITS-compliant equity ETF tracking the MSCI World Index (Total Return Net). With a TER of 0.23%, it is moderately priced, distributing dividends. The fund holds 649 positions across 20 regions with 8.7B in assets, with heavy concentration — 73% in United States, 31% in Technology.

ISIN
Fund Size €8.7B
Issuer JPMorgan
Distribution Pays Dividends
Replication —
Inception Oct 2018
Base Currency USD
Index MSCI World Index (Total Return Net)
Asset Class Equities
Category Global Equity

Costs

7.4
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
Inception+0.00%

Holdings

7.0
This fund holds 649 individual investments, offering moderate diversification compared to other ETFs.
#1
NVIDIA Corp
0.06%
#2
Apple Inc
0.05%
#3
Microsoft Corp
0.04%
#4
Amazon.com Inc
0.03%
#5
Alphabet Inc
0.02%
#6
Broadcom Inc
0.02%
#7
Alphabet Inc
0.02%
#8
Meta Platforms Inc
0.02%
#9
Micron Technology Inc
0.01%
#10
Tesla Inc
0.01%

Sectors

9.4
This fund is well-diversified across 12 sectors, with no single sector dominating.

Regions

7.2
This fund invests across 21 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2023-06-04 — 2026-04-17).
8.8%
Volatility
-16.3%
Max Drawdown
0.73
Sharpe Ratio
1.05
Sortino Ratio
0.39
Calmar Ratio
0.29
Beta
8.08%
Alpha (Jensen's)
0.114
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

Broker Availability

Where you can buy this ETF.
Trade Republic
Trade
€1.00
Savings Plan
Free
Account
Free
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

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Vanguard FTSE All-World UCITS ETF (USD) Distributing
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Xtrackers MSCI World UCITS ETF 1C
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State Street® SPDR® MSCI World UCITS ETF
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