0700.HK vs. HSTE.L
Compare and contrast key facts about Tencent Holdings Ltd (0700.HK) and HSBC Hang Seng Tech UCITS ETF (HSTE.L).
HSTE.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: 0700.HK or HSTE.L.
Key characteristics
| 0700.HK | HSTE.L | |
|---|---|---|
| YTD Return | 43.26% | 18.41% |
| 1Y Return | 39.64% | 15.50% |
| 3Y Return (Ann) | -4.76% | -11.36% |
| Sharpe Ratio | 1.24 | 0.46 |
| Sortino Ratio | 1.78 | 0.92 |
| Omega Ratio | 1.23 | 1.11 |
| Calmar Ratio | 0.64 | 0.23 |
| Martin Ratio | 4.90 | 1.09 |
| Ulcer Index | 8.43% | 15.31% |
| Daily Std Dev | 33.50% | 36.44% |
| Max Drawdown | -73.53% | -74.82% |
| Current Drawdown | -43.78% | -59.17% |
Correlation
The correlation between 0700.HK and HSTE.L is 0.58, 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.
Performance
0700.HK vs. HSTE.L - Performance Comparison
In the year-to-date period, 0700.HK achieves a 43.26% return, which is significantly higher than HSTE.L's 18.41% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
0700.HK vs. HSTE.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tencent Holdings Ltd (0700.HK) and HSBC Hang Seng Tech UCITS ETF (HSTE.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.
Dividends
0700.HK vs. HSTE.L - Dividend Comparison
0700.HK's dividend yield for the trailing twelve months is around 0.82%, while HSTE.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0700.HK Tencent Holdings Ltd | 0.82% | 1.63% | 0.93% | 0.32% | 0.20% | 0.25% | 0.27% | 0.14% | 0.23% | 0.22% | 0.20% | 0.19% |
HSTE.L HSBC Hang Seng Tech UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
0700.HK vs. HSTE.L - Drawdown Comparison
The maximum 0700.HK drawdown since its inception was -73.53%, roughly equal to the maximum HSTE.L drawdown of -74.82%. Use the drawdown chart below to compare losses from any high point for 0700.HK and HSTE.L. For additional features, visit the drawdowns tool.
Volatility
0700.HK vs. HSTE.L - Volatility Comparison
The current volatility for Tencent Holdings Ltd (0700.HK) is 14.36%, while HSBC Hang Seng Tech UCITS ETF (HSTE.L) has a volatility of 18.77%. This indicates that 0700.HK experiences smaller price fluctuations and is considered to be less risky than HSTE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.