HNSS.L vs. SOXX
Compare and contrast key facts about HSBC Nasdaq Global Semiconductor UCITS ETF (HNSS.L) and iShares PHLX Semiconductor ETF (SOXX).
HNSS.L and SOXX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HNSS.L is a passively managed fund by HSBC that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jan 25, 2022. SOXX is a passively managed fund by iShares that tracks the performance of the PHLX Semiconductor Sector Index. It was launched on Jul 10, 2001. Both HNSS.L and SOXX 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: HNSS.L or SOXX.
Key characteristics
| HNSS.L | SOXX | |
|---|---|---|
| YTD Return | 17.12% | 14.25% |
| 1Y Return | 30.20% | 29.81% |
| Sharpe Ratio | 0.58 | 1.01 |
| Sortino Ratio | 1.18 | 1.48 |
| Omega Ratio | 1.21 | 1.19 |
| Calmar Ratio | 1.09 | 1.39 |
| Martin Ratio | 2.42 | 3.53 |
| Ulcer Index | 11.62% | 9.79% |
| Daily Std Dev | 48.01% | 34.32% |
| Max Drawdown | -29.74% | -70.21% |
| Current Drawdown | -23.01% | -17.55% |
Correlation
The correlation between HNSS.L and SOXX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HNSS.L vs. SOXX - Performance Comparison
In the year-to-date period, HNSS.L achieves a 17.12% return, which is significantly higher than SOXX's 14.25% 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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HNSS.L vs. SOXX - Expense Ratio Comparison
HNSS.L has a 0.35% expense ratio, which is lower than SOXX's 0.46% expense ratio.
Risk-Adjusted Performance
HNSS.L vs. SOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Nasdaq Global Semiconductor UCITS ETF (HNSS.L) and iShares PHLX Semiconductor ETF (SOXX). 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
HNSS.L vs. SOXX - Dividend Comparison
HNSS.L has not paid dividends to shareholders, while SOXX's dividend yield for the trailing twelve months is around 0.67%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HNSS.L HSBC Nasdaq Global Semiconductor 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% |
SOXX iShares PHLX Semiconductor ETF | 0.67% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% | 1.18% |
Drawdowns
HNSS.L vs. SOXX - Drawdown Comparison
The maximum HNSS.L drawdown since its inception was -29.74%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for HNSS.L and SOXX. For additional features, visit the drawdowns tool.
Volatility
HNSS.L vs. SOXX - Volatility Comparison
The current volatility for HSBC Nasdaq Global Semiconductor UCITS ETF (HNSS.L) is 6.87%, while iShares PHLX Semiconductor ETF (SOXX) has a volatility of 8.24%. This indicates that HNSS.L experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.