HSBC vs JPMorgan
Both providers track indices, so neither "performs" better than the other — what separates them is cost, range and which markets they actually cover. HSBC has 6 products in this catalog and JPMorgan has 7, overlapping in 3 categories. HSBC offers the cheapest fund in 3 of those 3 categories.
HSBC
- Products
- 6
- Lowest TER
- 0.09%
- Average TER
- 0.16%
- Categories
- 3
JPMorgan
- Products
- 7
- Lowest TER
- 0.19%
- Average TER
- 0.30%
- Categories
- 6
Which one is cheaper, and where
HSBC offers the cheapest fund in 3 of the 3 categories both cover.
The cheapest fund from each, category by category
Each provider’s lowest-fee product within every shared category, head to head. The index each one tracks is shown too, because two funds in the same category do not always track the same thing.
| Category | HSBC | JPMorgan | Difference |
|---|---|---|---|
| Emerging | HSBC MSCI Emerging MarketsMSCI Emerging Markets0.15% | JPMorgan Emerging Markets Research Enhanced Index Equity ESGMSCI Emerging Markets (research enhanced)0.35% | €20/year per €10,000 |
| Global | HSBC FTSE All-WorldFTSE All-World0.13% | JPMorgan Global Research Enhanced Index Equity ESGMSCI World (research enhanced)0.25% | €12/year per €10,000 |
| USA | HSBC S&P 500S&P 5000.09% | JPMorgan US Research Enhanced Index Equity ESGS&P 500 (research enhanced)0.19% | €10/year per €10,000 |
What each one covers
Only at HSBC
—
Only at JPMorgan
Structural differences
HSBC
- Accumulating
- 83%
- Physical replication
- 100%
- Are ETFs
- 83%
- Domicile
- Ireland, United Kingdom
JPMorgan
- Accumulating
- 57%
- Physical replication
- 100%
- Are ETFs
- 100%
- Domicile
- Ireland
Other provider comparisons
Frequently asked questions
Is HSBC or JPMorgan cheaper?+
HSBC offers the cheapest fund in 3 of the 3 categories both cover, against 0 for JPMorgan. But "cheaper overall" is the wrong question: what matters is which is cheaper in the category you are actually buying.
Where is the difference between HSBC and JPMorgan biggest?+
In emerging markets: HSBC MSCI Emerging Markets charges 0.15% against 0.35% for JPMorgan Emerging Markets Research Enhanced Index Equity ESG. On €10,000 invested that is a €20.00 difference every year, in favour of HSBC.
Which one has the wider range?+
JPMorgan, with 7 products against 6. Coverage is not identical either: JPMorgan covers European equities, high-dividend companies, the technology sector where HSBC does not.
Are there structural differences beyond fees?+
Yes. HSBC's products in this catalog are 83% accumulating and 100% physically replicated, domiciled in Ireland, United Kingdom. JPMorgan's are 57% accumulating and 100% physical, domiciled in Ireland. For a Spanish investor the accumulating/distributing split matters for tax, and domicile matters for dividend withholding.
Does this comparison look at past performance?+
No, deliberately. Two funds tracking the same index deliver almost identical returns before fees, so comparing their past returns tells you about the index, not about the provider. The fee is the part the provider actually controls, and the only one you know for certain the day you invest.
Cost and coverage comparison computed over this site’s catalog, which is a sample and not each provider’s full product range. Returns are not compared: two funds tracking the same index perform almost identically before fees, so past performance tells you about the index, not the provider. Educational content, not a recommendation.