HSBC Hang Seng Tech UCITS ETF (HSTE.L)
HSTE.L is a passive ETF by HSBC Investment Funds (Luxembourg) S.A. tracking the investment results of the MSCI World/Information Tech NR USD. HSTE.L launched on Dec 9, 2020 and has a 0.50% expense ratio.
ETF Info
| ISIN | IE00BMWXKN31 |
|---|---|
| Issuer | HSBC Investment Funds (Luxembourg) S.A. |
| Inception Date | Dec 9, 2020 |
| Category | Technology Equities |
| Index Tracked | MSCI World/Information Tech NR USD |
| Asset Class | Equity |
Expense Ratio
HSTE.L has a high expense ratio of 0.50%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in HSBC Hang Seng Tech UCITS ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
HSBC Hang Seng Tech UCITS ETF had a return of 7.86% year-to-date (YTD) and 2.28% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.86% | 10.00% |
| 1 month | 19.25% | 2.41% |
| 6 months | -0.49% | 16.70% |
| 1 year | 2.28% | 26.85% |
| 5 years (annualized) | N/A | 12.81% |
| 10 years (annualized) | N/A | 10.84% |
Monthly Returns
The table below presents the monthly returns of HSTE.L, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -18.65% | 10.64% | 3.36% | 4.49% | 7.86% | ||||||||
| 2023 | 10.72% | -13.43% | 8.81% | -8.76% | -9.35% | 10.80% | 17.16% | -9.25% | -7.38% | -4.33% | 4.88% | -3.04% | -8.44% |
| 2022 | -2.01% | -7.32% | -13.82% | -2.03% | 1.60% | 9.62% | -11.30% | -1.22% | -18.08% | -12.27% | 27.85% | 5.76% | -27.28% |
| 2021 | 11.55% | -4.23% | -8.07% | -0.24% | -3.43% | 1.77% | -16.23% | -3.89% | -6.77% | 3.08% | -5.44% | -5.65% | -33.53% |
| 2020 | 4.51% | 4.51% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HSTE.L is 14, indicating that it is in the bottom 14% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
HSTE.L (HSBC Hang Seng Tech UCITS ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for HSBC Hang Seng Tech UCITS ETF (HSTE.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the HSBC Hang Seng Tech UCITS ETF. 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 HSBC Hang Seng Tech UCITS ETF was 74.82%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current HSBC Hang Seng Tech UCITS ETF drawdown is 62.80%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -74.82% | Feb 18, 2021 | 422 | Oct 24, 2022 | — | — | — |
| -6.54% | Jan 26, 2021 | 4 | Jan 29, 2021 | 3 | Feb 3, 2021 | 7 |
| -4% | Dec 24, 2020 | 2 | Dec 29, 2020 | 2 | Dec 31, 2020 | 4 |
| -3.47% | Feb 4, 2021 | 3 | Feb 8, 2021 | 2 | Feb 10, 2021 | 5 |
| -2.51% | Dec 21, 2020 | 2 | Dec 22, 2020 | 1 | Dec 23, 2020 | 3 |
Volatility
Volatility Chart
The current HSBC Hang Seng Tech UCITS ETF volatility is 10.73%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.