CNKY.L vs. HSTC.L
Compare and contrast key facts about iShares Nikkei 225 UCITS ETF (Acc) (CNKY.L) and HSBC Hang Seng Tech UCITS ETF (HSTC.L).
CNKY.L and HSTC.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CNKY.L is a passively managed fund by iShares that tracks the performance of the TOPIX TR JPY. It was launched on Jan 25, 2010. 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. Both CNKY.L and HSTC.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNKY.L or HSTC.L.
Key characteristics
| CNKY.L | HSTC.L | |
|---|---|---|
| YTD Return | 9.11% | 21.87% |
| 1Y Return | 14.59% | 12.97% |
| 3Y Return (Ann) | 2.33% | -9.93% |
| Sharpe Ratio | 0.88 | 0.27 |
| Sortino Ratio | 1.28 | 0.66 |
| Omega Ratio | 1.17 | 1.08 |
| Calmar Ratio | 1.01 | 0.14 |
| Martin Ratio | 2.40 | 0.57 |
| Ulcer Index | 6.20% | 17.36% |
| Daily Std Dev | 16.92% | 36.65% |
| Max Drawdown | -23.61% | -69.93% |
| Current Drawdown | -5.37% | -54.31% |
Correlation
The correlation between CNKY.L and HSTC.L is 0.41, 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
CNKY.L vs. HSTC.L - Performance Comparison
In the year-to-date period, CNKY.L achieves a 9.11% return, which is significantly lower than HSTC.L's 21.87% 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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CNKY.L vs. HSTC.L - Expense Ratio Comparison
CNKY.L has a 0.48% expense ratio, which is lower than HSTC.L's 0.50% expense ratio.
Risk-Adjusted Performance
CNKY.L vs. HSTC.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nikkei 225 UCITS ETF (Acc) (CNKY.L) 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.
Dividends
CNKY.L vs. HSTC.L - Dividend Comparison
Neither CNKY.L nor HSTC.L has paid dividends to shareholders.
Drawdowns
CNKY.L vs. HSTC.L - Drawdown Comparison
The maximum CNKY.L drawdown since its inception was -23.61%, smaller than the maximum HSTC.L drawdown of -69.93%. Use the drawdown chart below to compare losses from any high point for CNKY.L and HSTC.L. For additional features, visit the drawdowns tool.
Volatility
CNKY.L vs. HSTC.L - Volatility Comparison
The current volatility for iShares Nikkei 225 UCITS ETF (Acc) (CNKY.L) is 4.91%, while HSBC Hang Seng Tech UCITS ETF (HSTC.L) has a volatility of 14.11%. This indicates that CNKY.L 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.