- Issuer
- ETF Issuer
- Inception Date
- Jan 18, 2023
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Distribution Policy
- Accumulating
- Asset Class
- Equity
Share Price Chart
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Performance
HBKU.L Performance Chart
(HBKU.L) is up 0.4% since the beginning of the year. HBKU.L is currently trading at $12 per share.
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Returns By Period
(HBKU.L) has returned 0.37% so far this year and 4.26% over the past 12 months.
- 1D
- 0.37%
- 1M
- 0.10%
- 6M
- 0.63%
- YTD
- 0.37%
- 1Y
- 4.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.38%
- 1M
- 0.24%
- 6M
- 9.32%
- YTD
- 10.62%
- 1Y
- 21.28%
- 3Y*
- 18.90%
- 5Y*
- 11.84%
- 10Y*
- 13.36%
HBKU.L Monthly Returns History
Based on dividend-adjusted daily data since Sep 12, 2023, HBKU.L's average daily return is +0.02%, while the average monthly return is +0.42%. At this rate, an investment would double in approximately 13.8 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2023 with a return of +3.1%, while the worst month was Mar 2026 at -3.4%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 2 months.
On a daily basis, HBKU.L closed higher 44% of trading days. The best single day was Dec 14, 2023 with a return of +1.2%, while the worst single day was Mar 3, 2026 at -1.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.00% | 1.39% | -3.43% | 1.87% | 0.35% | 0.17% | 0.10% | 0.37% | |||||
| 2025 | 0.93% | 1.11% | -0.09% | 1.19% | 0.00% | 0.63% | 0.09% | 1.44% | 1.06% | 0.88% | -0.09% | -0.00% | 7.38% |
| 2024 | -0.67% | -0.19% | 0.68% | -1.35% | 0.98% | 0.87% | 1.25% | 2.27% | 1.39% | -1.73% | 0.09% | -0.65% | 2.88% |
| 2023 | -0.80% | -1.01% | 3.05% | 2.76% | 4.00% |
Benchmark Metrics
This ETF has an annualized alpha of 4.91%, beta of 0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since September 12, 2023.
- This ETF participated in 27.29% of S&P 500 Index downside but only 21.38% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.01 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.91%
- Beta
- 0.01
- R²
- 0.00
- Upside Capture
- 21.38%
- Downside Capture
- 27.29%
Return for Risk
Risk / Return Rank
HBKU.L ranks 34 for risk / return — below 34% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for (HBKU.L) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HBKU.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.31 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 2.35 | -1.11 |
| Martin ratioReturn relative to average drawdown | 3.86 | 10.19 | -6.33 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the HBKU.L. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the HBKU.L was 3.43%, occurring on Mar 27, 2026. The portfolio has not yet recovered.
The current HBKU.L drawdown is 1.01%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-3.43%Mar 2026 | 25d | — | 4mo 16dMar 2026 - now | — |
-3.10%Jan 2025 | 3mo 13d | 2mo 20d | 6mo 3dOct 2024 - Apr 2025 | — |
-2.30%Oct 2023 | 1mo 1d | 1mo 2d | 2mo 3dSep 2023 - Nov 2023 | — |
-1.92%Apr 2024 | 3mo 24d | 1mo 18d | 5mo 12dJan 2024 - Jun 2024 | — |
-1.46%Apr 2025 | 2d | 16d | 18dApr 2025 - Apr 2025 | 2025 selloff2025 |
Drawdown Indicators
| HBKU.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.43% | -56.78% | +53.35% |
Max Drawdown (1Y)Largest decline over 1 year | -3.43% | -9.10% | +5.67% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.01% | -0.49% | -0.52% |
Average DrawdownAverage peak-to-trough decline | -0.75% | -10.70% | +9.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 2.09% | -0.99% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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