HBKS.L vs. XG7S.L

Last updated Jun 6, 2026

HBKS.L (HSBC Global Sukuk UCITS ETF C USD) and XG7S.L (Xtrackers Global Government Bond UCITS ETF 5C) are both Global Bonds funds - HBKS.L tracks the FTSE IdealRatings Sukuk Index while XG7S.L tracks the Bloomberg Global Aggregate TR USD. Both are passively managed. HBKS.L charges 0.40%/yr vs 0.20%/yr for XG7S.L.

Performance

HBKS.L vs. XG7S.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in HSBC Global Sukuk UCITS ETF C USD (HBKS.L) and Xtrackers Global Government Bond UCITS ETF 5C (XG7S.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HBKS.L is traded in GBP, while XG7S.L is traded in GBp. To make them comparable, the XG7S.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

HBKS.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XG7S.L

• 1D: -0.12%
• 1M: 0.20%
• YTD: -1.01%
• 6M: -1.39%
• 1Y: 1.54%
• 3Y*: -0.71%
• 5Y*: -2.32%
• 10Y*: 0.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HBKS.L vs. XG7S.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XG7S.L

XG7S.L Risk / Return Rank: 12
XG7S.L Sharpe Ratio Rank: 11
XG7S.L Sortino Ratio Rank: 11
XG7S.L Omega Ratio Rank: 16
XG7S.L Calmar Ratio Rank: 11
XG7S.L Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HBKS.L vs. XG7S.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HSBC Global Sukuk UCITS ETF C USD (HBKS.L) and Xtrackers Global Government Bond UCITS ETF 5C (XG7S.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HBKS.L	XG7S.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.08	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.21	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.02	—

Drawdowns

Drawdown Indicators

	HBKS.L	XG7S.L	Difference
Max Drawdown Largest peak-to-trough decline	—	-26.02%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-15.40%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.40%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.45%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-26.02%	—
Current Drawdown Current decline from peak	—	-23.85%	—
Average Drawdown Average peak-to-trough decline	—	-14.73%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.78%	—

Volatility

Volatility by Period

	HBKS.L	XG7S.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	19.75%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	11.17%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	12.37%	—

HBKS.L vs. XG7S.L - Expense Ratio Comparison

HBKS.L has a 0.40% expense ratio, which is higher than XG7S.L's 0.20% expense ratio.

Dividends

HBKS.L vs. XG7S.L - Dividend Comparison

Neither HBKS.L nor XG7S.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, HBKS.L or XG7S.L?

On fees, XG7S.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HBKS.L or XG7S.L?

XG7S.L is cheaper with a 0.20% expense ratio, compared with 0.40% for HBKS.L.

What is the main difference between HBKS.L and XG7S.L?

HBKS.L tracks FTSE IdealRatings Sukuk Index, while XG7S.L tracks Bloomberg Global Aggregate TR USD. They also come from different issuers: HSBC and Xtrackers. Their fees differ too: 0.40% for HBKS.L and 0.20% for XG7S.L.