HSTC.L vs. 0939.HK
Compare and contrast key facts about HSBC Hang Seng Tech UCITS ETF (HSTC.L) and China Construction Bank Corp (0939.HK).
HSTC.L is a passively managed fund by HSBC Investment Funds (Luxembourg) S.A. that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Dec 9, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSTC.L or 0939.HK.
Key characteristics
| HSTC.L | 0939.HK | |
|---|---|---|
| YTD Return | 20.11% | 44.24% |
| 1Y Return | 8.72% | 50.38% |
| 3Y Return (Ann) | -8.18% | 15.31% |
| Sharpe Ratio | 0.31 | 2.12 |
| Sortino Ratio | 0.72 | 3.03 |
| Omega Ratio | 1.08 | 1.37 |
| Calmar Ratio | 0.16 | 1.73 |
| Martin Ratio | 0.65 | 15.47 |
| Ulcer Index | 17.34% | 3.30% |
| Daily Std Dev | 36.63% | 24.26% |
| Max Drawdown | -69.93% | -69.85% |
| Current Drawdown | -54.98% | -0.32% |
Correlation
The correlation between HSTC.L and 0939.HK is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HSTC.L vs. 0939.HK - Performance Comparison
In the year-to-date period, HSTC.L achieves a 20.11% return, which is significantly lower than 0939.HK's 44.24% 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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Risk-Adjusted Performance
HSTC.L vs. 0939.HK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Hang Seng Tech UCITS ETF (HSTC.L) and China Construction Bank Corp (0939.HK). 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
HSTC.L vs. 0939.HK - Dividend Comparison
HSTC.L has not paid dividends to shareholders, while 0939.HK's dividend yield for the trailing twelve months is around 7.07%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSTC.L HSBC Hang Seng Tech 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% |
0939.HK China Construction Bank Corp | 7.07% | 9.08% | 8.71% | 7.24% | 5.94% | 5.19% | 5.34% | 4.44% | 5.41% | 7.18% | 5.93% | 5.76% |
Drawdowns
HSTC.L vs. 0939.HK - Drawdown Comparison
The maximum HSTC.L drawdown since its inception was -69.93%, roughly equal to the maximum 0939.HK drawdown of -69.85%. Use the drawdown chart below to compare losses from any high point for HSTC.L and 0939.HK. For additional features, visit the drawdowns tool.
Volatility
HSTC.L vs. 0939.HK - Volatility Comparison
HSBC Hang Seng Tech UCITS ETF (HSTC.L) has a higher volatility of 14.07% compared to China Construction Bank Corp (0939.HK) at 6.62%. This indicates that HSTC.L's price experiences larger fluctuations and is considered to be riskier than 0939.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.