HSJD.L vs. HSTE.L
HSJD.L (HSBC Japan Screened Equity UCITS ETF) and HSTE.L (HSBC Hang Seng Tech UCITS ETF) are both exchange-traded funds - HSJD.L is a Japan Equities fund tracking the HSBC Japan Screened Equity UCITS ETF, while HSTE.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, HSJD.L returned 10.56%/yr vs -8.55%/yr for HSTE.L. At a 0.34 correlation, their price movements are largely independent. HSJD.L charges 0.18%/yr vs 0.50%/yr for HSTE.L.
Performance
HSJD.L vs. HSTE.L - Performance Comparison
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Returns By Period
In the year-to-date period, HSJD.L achieves a 13.03% return, which is significantly higher than HSTE.L's -13.70% return.
HSJD.L
- 1D
- -0.70%
- 1M
- 0.36%
- 6M
- 6.81%
- YTD
- 13.03%
- 1Y
- 34.57%
- 3Y*
- 19.20%
- 5Y*
- 10.56%
- 10Y*
- —
HSTE.L
- 1D
- 2.14%
- 1M
- 0.30%
- 6M
- -18.64%
- YTD
- -13.70%
- 1Y
- -11.29%
- 3Y*
- 5.00%
- 5Y*
- -8.55%
- 10Y*
- —
HSJD.L vs. HSTE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HSJD.L HSBC Japan Screened Equity UCITS ETF | 13.03% | 26.99% | 12.16% | 19.62% | -15.38% | 3.24% | 4.14% |
HSTE.L HSBC Hang Seng Tech UCITS ETF | -13.70% | 24.64% | 19.65% | -8.46% | -27.99% | -32.88% | -86.54% |
Correlation
The correlation between HSJD.L and HSTE.L is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2020 | 0.34 |
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Return for Risk
HSJD.L vs. HSTE.L — Risk / Return Rank
HSJD.L
HSTE.L
HSJD.L vs. HSTE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Japan Screened Equity UCITS ETF (HSJD.L) and HSBC Hang Seng Tech UCITS ETF (HSTE.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HSJD.L | HSTE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.04 | ||
| Sortino ratioReturn per unit of downside risk | +2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.95 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | -0.32 | +2.73 |
| Martin ratioReturn relative to average drawdown | 7.22 | -0.57 | +7.79 |
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Drawdowns
HSJD.L vs. HSTE.L - Drawdown Comparison
The maximum HSJD.L drawdown since its inception was -30.50%, smaller than the maximum HSTE.L drawdown of -95.65%. Use the drawdown chart below to compare losses from any high point for HSJD.L and HSTE.L.
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Drawdown Indicators
| HSJD.L | HSTE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.50% | -95.65% | +65.15% |
Max Drawdown (1Y)Largest decline over 1 year | -14.22% | -35.09% | +20.87% |
Max Drawdown (3Y)Largest decline over 3 years | -14.22% | -35.09% | +20.87% |
Max Drawdown (5Y)Largest decline over 5 years | -30.50% | -63.71% | +33.21% |
Current DrawdownCurrent decline from peak | -1.89% | -92.33% | +90.44% |
Average DrawdownAverage peak-to-trough decline | -7.51% | -91.81% | +84.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.76% | 19.67% | -14.91% |
Volatility
HSJD.L vs. HSTE.L - Volatility Comparison
The current volatility for HSBC Japan Screened Equity UCITS ETF (HSJD.L) is 5.22%, while HSBC Hang Seng Tech UCITS ETF (HSTE.L) has a volatility of 8.04%. This indicates that HSJD.L experiences smaller price fluctuations and is considered to be less risky than HSTE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSJD.L | HSTE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.22% | 8.04% | -2.82% |
Volatility (6M)Calculated over the trailing 6-month period | 17.25% | 21.08% | -3.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.97% | 28.05% | -7.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.40% | 39.45% | -21.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.91% | 53.48% | -35.57% |
HSJD.L vs. HSTE.L - Expense Ratio Comparison
HSJD.L has a 0.18% expense ratio, which is lower than HSTE.L's 0.50% expense ratio.
Dividends
HSJD.L vs. HSTE.L - Dividend Comparison
Neither HSJD.L nor HSTE.L has paid dividends to shareholders.
Frequently Asked Questions
HSJD.L and HSTE.L have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HSJD.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HSJD.L is cheaper with a 0.18% expense ratio, compared with 0.50% for HSTE.L.
HSJD.L is categorized as Japan Equities, while HSTE.L is Technology Equities. HSJD.L tracks HSBC Japan Screened Equity UCITS ETF, while HSTE.L tracks MSCI World/Information Tech NR USD. Their fees differ too: 0.18% for HSJD.L and 0.50% for HSTE.L.
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