HNSC.L vs. NEE

Last updated Jun 4, 2026

HNSC.L (HSBC Nasdaq Global Semiconductor UCITS ETF USD) is Semiconductors fund tracking the Nasdaq Global Semiconductor, while NEE (NextEra Energy, Inc.) is a stock. Over the past 3 years, HNSC.L returned 63.81%/yr vs 7.50%/yr for NEE. At a 0.03 correlation, their price movements are largely independent.

Performance

HNSC.L vs. NEE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HSBC Nasdaq Global Semiconductor UCITS ETF USD (HNSC.L) and NextEra Energy, Inc. (NEE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HNSC.L achieves a 98.34% return, which is significantly higher than NEE's 6.07% return.

HNSC.L

• 1D: 1.63%
• 1M: 30.01%
• YTD: 98.34%
• 6M: 101.55%
• 1Y: 205.51%
• 3Y*: 63.81%
• 5Y*: —
• 10Y*: —

NEE

• 1D: -1.28%
• 1M: -11.44%
• YTD: 6.07%
• 6M: 0.24%
• 1Y: 21.77%
• 3Y*: 7.50%
• 5Y*: 5.77%
• 10Y*: 13.54%

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

HNSC.L vs. NEE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HNSC.L HSBC Nasdaq Global Semiconductor UCITS ETF USD	98.34%	55.83%	17.71%	50.92%	-18.53%
NEE NextEra Energy, Inc.	6.07%	15.47%	21.46%	-25.30%	12.82%

Correlation

The correlation between HNSC.L and NEE is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.00
Correlation (All Time) Calculated using the full available price history since Feb 8, 2022	0.03

Return for Risk

HNSC.L vs. NEE — Risk / Return Rank

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

HNSC.L

HNSC.L Risk / Return Rank: 97
HNSC.L Sharpe Ratio Rank: 98
HNSC.L Sortino Ratio Rank: 97
HNSC.L Omega Ratio Rank: 96
HNSC.L Calmar Ratio Rank: 98
HNSC.L Martin Ratio Rank: 97

NEE

NEE Risk / Return Rank: 67
NEE Sharpe Ratio Rank: 69
NEE Sortino Ratio Rank: 62
NEE Omega Ratio Rank: 62
NEE Calmar Ratio Rank: 68
NEE Martin Ratio Rank: 73

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.

HNSC.L vs. NEE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HSBC Nasdaq Global Semiconductor UCITS ETF USD (HNSC.L) and NextEra Energy, Inc. (NEE). 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.

	HNSC.L	NEE	Difference
Sharpe ratio: Return per unit of total volatility	6.16	0.92	+5.24
Sortino ratio: Return per unit of downside risk	6.06	1.40	+4.66
Omega ratio: Gain probability vs. loss probability	1.78	1.18	+0.60
Calmar ratio: Return relative to maximum drawdown	13.62	1.51	+12.11
Martin ratio: Return relative to average drawdown	49.03	4.52	+44.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HNSC.L vs. NEE - Sharpe Ratio Comparison

The current HNSC.L Sharpe Ratio is 6.16, which is higher than the NEE Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of HNSC.L and NEE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HNSC.L	NEE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.16	0.92	+5.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.22	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.66	0.61	+1.04

Drawdowns

HNSC.L vs. NEE - Drawdown Comparison

The maximum HNSC.L drawdown since its inception was -39.32%, smaller than the maximum NEE drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for HNSC.L and NEE.

Drawdown Indicators

	HNSC.L	NEE	Difference
Max Drawdown Largest peak-to-trough decline	-39.32%	-47.81%	+8.49%
Max Drawdown (1Y) Largest decline over 1 year	-14.99%	-14.53%	-0.46%
Max Drawdown (3Y) Largest decline over 3 years	-37.21%	-34.57%	-2.64%
Max Drawdown (5Y) Largest decline over 5 years	—	-44.97%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.97%	—
Current Drawdown Current decline from peak	0.00%	-13.59%	+13.59%
Average Drawdown Average peak-to-trough decline	-9.52%	-8.92%	-0.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.17%	4.83%	-0.66%

Volatility

HNSC.L vs. NEE - Volatility Comparison

HSBC Nasdaq Global Semiconductor UCITS ETF USD (HNSC.L) has a higher volatility of 14.12% compared to NextEra Energy, Inc. (NEE) at 8.31%. This indicates that HNSC.L's price experiences larger fluctuations and is considered to be riskier than NEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HNSC.L	NEE	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.12%	8.31%	+5.81%
Volatility (6M) Calculated over the trailing 6-month period	25.99%	17.03%	+8.96%
Volatility (1Y) Calculated over the trailing 1-year period	33.21%	23.81%	+9.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.72%	26.90%	+10.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.72%	25.48%	+12.24%

Dividends

HNSC.L vs. NEE - Dividend Comparison

HNSC.L has not paid dividends to shareholders, while NEE's dividend yield for the trailing twelve months is around 2.08%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HNSC.L HSBC Nasdaq Global Semiconductor UCITS ETF USD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NEE NextEra Energy, Inc.	2.08%	2.82%	2.87%	3.08%	2.03%	1.65%	1.81%	2.06%	2.55%	2.52%	2.91%	2.96%

Frequently Asked Questions

Can I hold both HNSC.L and NEE in my portfolio?

HNSC.L and NEE have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.