^HSI vs. HSTC.L
Compare and contrast key facts about Hang Seng Index (^HSI) and HSBC Hang Seng Tech UCITS ETF (HSTC.L).
HSTC.L is a passively managed fund by HSBC Investment Funds (Luxembourg) S.A. that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Dec 9, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^HSI or HSTC.L.
Performance
^HSI vs. HSTC.L - Performance Comparison
Returns By Period
In the year-to-date period, ^HSI achieves a 14.78% return, which is significantly lower than HSTC.L's 17.77% return.
^HSI
14.78%
-5.95%
-0.35%
12.10%
-6.31%
-1.83%
HSTC.L
17.77%
-1.26%
7.68%
7.28%
N/A
N/A
Key characteristics
| ^HSI | HSTC.L | |
|---|---|---|
| Sharpe Ratio | 0.46 | 0.13 |
| Sortino Ratio | 0.82 | 0.46 |
| Omega Ratio | 1.10 | 1.05 |
| Calmar Ratio | 0.21 | 0.07 |
| Martin Ratio | 1.26 | 0.31 |
| Ulcer Index | 9.34% | 15.25% |
| Daily Std Dev | 25.54% | 36.04% |
| Max Drawdown | -91.54% | -69.93% |
| Current Drawdown | -40.98% | -55.85% |
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Correlation
The correlation between ^HSI and HSTC.L is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
^HSI vs. HSTC.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hang Seng Index (^HSI) and HSBC Hang Seng Tech UCITS ETF (HSTC.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
^HSI vs. HSTC.L - Drawdown Comparison
The maximum ^HSI drawdown since its inception was -91.54%, which is greater than HSTC.L's maximum drawdown of -69.93%. Use the drawdown chart below to compare losses from any high point for ^HSI and HSTC.L. For additional features, visit the drawdowns tool.
Volatility
^HSI vs. HSTC.L - Volatility Comparison
The current volatility for Hang Seng Index (^HSI) is 6.24%, while HSBC Hang Seng Tech UCITS ETF (HSTC.L) has a volatility of 11.25%. This indicates that ^HSI experiences smaller price fluctuations and is considered to be less risky than HSTC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.