HSBH vs. STHH

Last updated Jun 6, 2026

HSBH (HSBC Holdings plc ADRhedged ETF) and STHH (STMicroelectronics NV ADRhedged) are both exchange-traded funds - HSBH is a Financials Equities fund tracking the HSBC Holdings plc Local Shares Total Return, while STHH is a Technology Equities fund tracking the STMicroelectronics NV Local Shares Total Return. Both are passively managed. Over the past year, HSBH returned 60.04% vs 153.44% for STHH. At a 0.31 correlation, their price movements are largely independent. Both charge a 0.19% expense ratio.

Performance

HSBH vs. STHH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HSBC Holdings plc ADRhedged ETF (HSBH) and STMicroelectronics NV ADRhedged (STHH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HSBH achieves a 19.58% return, which is significantly lower than STHH's 177.56% return.

HSBH

• 1D: -1.17%
• 1M: 1.73%
• YTD: 19.58%
• 6M: 30.69%
• 1Y: 60.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

STHH

• 1D: -8.53%
• 1M: 24.51%
• YTD: 177.56%
• 6M: 175.07%
• 1Y: 153.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HSBH vs. STHH - Yearly Performance Comparison

	2026 (YTD)	2025
HSBH HSBC Holdings plc ADRhedged ETF	19.58%	40.02%
STHH STMicroelectronics NV ADRhedged	177.56%	16.74%

Correlation

The correlation between HSBH and STHH is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (All Time) Calculated using the full available price history since Apr 24, 2025	0.31

Return for Risk

HSBH vs. STHH — Risk / Return Rank

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

HSBH

HSBH Risk / Return Rank: 84
HSBH Sharpe Ratio Rank: 88
HSBH Sortino Ratio Rank: 84
HSBH Omega Ratio Rank: 84
HSBH Calmar Ratio Rank: 83
HSBH Martin Ratio Rank: 82

STHH

STHH Risk / Return Rank: 81
STHH Sharpe Ratio Rank: 92
STHH Sortino Ratio Rank: 80
STHH Omega Ratio Rank: 84
STHH Calmar Ratio Rank: 86
STHH Martin Ratio Rank: 61

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.

HSBH vs. STHH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HSBC Holdings plc ADRhedged ETF (HSBH) and STMicroelectronics NV ADRhedged (STHH). 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.

	HSBH	STHH	Difference
Sharpe ratio: Return per unit of total volatility	2.64	3.07	-0.43
Sortino ratio: Return per unit of downside risk	3.42	3.39	+0.03
Omega ratio: Gain probability vs. loss probability	1.46	1.48	-0.02
Calmar ratio: Return relative to maximum drawdown	4.07	4.56	-0.48
Martin ratio: Return relative to average drawdown	14.96	10.33	+4.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HSBH vs. STHH - Sharpe Ratio Comparison

The current HSBH Sharpe Ratio is 2.64, which is comparable to the STHH Sharpe Ratio of 3.07. The chart below compares the historical Sharpe Ratios of HSBH and STHH, 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

	HSBH	STHH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.64	3.07	-0.43
Sharpe Ratio (All Time) Calculated using the full available price history	2.62	3.74	-1.12

Drawdowns

HSBH vs. STHH - Drawdown Comparison

The maximum HSBH drawdown since its inception was -14.81%, smaller than the maximum STHH drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for HSBH and STHH.

Drawdown Indicators

	HSBH	STHH	Difference
Max Drawdown Largest peak-to-trough decline	-14.81%	-33.89%	+19.08%
Max Drawdown (1Y) Largest decline over 1 year	-14.81%	-33.89%	+19.08%
Current Drawdown Current decline from peak	-3.52%	-10.34%	+6.82%
Average Drawdown Average peak-to-trough decline	-2.34%	-10.43%	+8.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.02%	14.91%	-10.89%

Volatility

HSBH vs. STHH - Volatility Comparison

The current volatility for HSBC Holdings plc ADRhedged ETF (HSBH) is 6.52%, while STMicroelectronics NV ADRhedged (STHH) has a volatility of 23.06%. This indicates that HSBH experiences smaller price fluctuations and is considered to be less risky than STHH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HSBH	STHH	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.52%	23.06%	-16.54%
Volatility (6M) Calculated over the trailing 6-month period	18.58%	37.71%	-19.13%
Volatility (1Y) Calculated over the trailing 1-year period	22.83%	50.26%	-27.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.43%	50.05%	-27.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.43%	50.05%	-27.62%

HSBH vs. STHH - Expense Ratio Comparison

Both HSBH and STHH have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

HSBH vs. STHH - Dividend Comparison

HSBH's dividend yield for the trailing twelve months is around 0.34%, less than STHH's 0.61% yield.

Position	TTM	2025
HSBH HSBC Holdings plc ADRhedged ETF	0.34%	0.00%
STHH STMicroelectronics NV ADRhedged	0.61%	0.69%

Frequently Asked Questions

Can I hold both HSBH and STHH in my portfolio?

HSBH and STHH have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HSBH or STHH?

STHH has higher volatility (23.06%) compared to HSBH (6.52%). In terms of maximum drawdown, HSBH dropped -14.81% vs STHH's -33.89%.

Which ETF is better, HSBH or STHH?

On 1-year performance, STHH leads with 153.44% vs 60.04% for HSBH. Both ETFs have the same 0.19% expense ratio. On volatility, HSBH has been the lower-risk option at 6.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HSBH or STHH?

Over the 1-year period, STHH has performed better with a 153.44% return vs 60.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HSBH or STHH?

HSBH and STHH have the same expense ratio: 0.19% per year.

Which ETF pays a higher dividend yield, HSBH or STHH?

STHH has the higher dividend yield at 0.61%, compared with 0.34% for HSBH.

What is the main difference between HSBH and STHH?

HSBH is categorized as Financials Equities, while STHH is Technology Equities. HSBH tracks HSBC Holdings plc Local Shares Total Return, while STHH tracks STMicroelectronics NV Local Shares Total Return.

Which has better risk-adjusted returns?

STHH currently has the higher Sharpe Ratio (3.07 vs 2.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.