HSTC.L vs. BRK-B
HSTC.L (HSBC Hang Seng Tech UCITS ETF) is Technology Equities fund tracking the MSCI World/Information Tech NR USD, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, HSTC.L returned -8.37%/yr vs 11.54%/yr for BRK-B. At a 0.00 correlation, their price movements are largely independent.
Performance
HSTC.L vs. BRK-B - Performance Comparison
Loading charts...
Different Trading Currencies
HSTC.L is traded in GBP, while BRK-B is traded in USD. To make them comparable, the BRK-B values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, HSTC.L achieves a -10.22% return, which is significantly lower than BRK-B's -4.39% return.
HSTC.L
- 1D
- -0.47%
- 1M
- 1.80%
- YTD
- -10.22%
- 6M
- -12.07%
- 1Y
- -4.10%
- 3Y*
- 6.84%
- 5Y*
- -8.37%
- 10Y*
- —
BRK-B
- 1D
- 0.69%
- 1M
- 3.76%
- YTD
- -4.39%
- 6M
- -5.55%
- 1Y
- -1.57%
- 3Y*
- 10.51%
- 5Y*
- 11.54%
- 10Y*
- 13.78%
HSTC.L vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HSTC.L HSBC Hang Seng Tech UCITS ETF | -10.22% | 16.17% | 21.37% | -13.38% | -19.39% | -31.98% | 1.62% |
BRK-B Berkshire Hathaway Inc. | -4.39% | 2.99% | 29.31% | 9.69% | 15.59% | 30.17% | -0.77% |
Correlation
The correlation between HSTC.L and BRK-B is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2020 | 0.00 |
The correlation between HSTC.L and BRK-B shifts across timeframes, from -0.10 (1 year) to 0.01 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HSTC.L vs. BRK-B — Risk / Return Rank
HSTC.L
BRK-B
HSTC.L vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Hang Seng Tech UCITS ETF (HSTC.L) and Berkshire Hathaway Inc. (BRK-B). 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.
| HSTC.L | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.00 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | -0.13 | 0.00 |
| Martin ratioReturn relative to average drawdown | -0.25 | -0.29 | +0.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| HSTC.L | BRK-B | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.16 | -0.10 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.22 | 0.69 | -0.91 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.70 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.23 | 0.59 | -0.82 |
Drawdowns
HSTC.L vs. BRK-B - Drawdown Comparison
The maximum HSTC.L drawdown since its inception was -69.93%, which is greater than BRK-B's maximum drawdown of -37.92%. Use the drawdown chart below to compare losses from any high point for HSTC.L and BRK-B.
Loading charts...
Drawdown Indicators
| HSTC.L | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.93% | -37.92% | -32.01% |
Max Drawdown (1Y)Largest decline over 1 year | -29.97% | -11.88% | -18.09% |
Max Drawdown (3Y)Largest decline over 3 years | -33.73% | -17.26% | -16.47% |
Max Drawdown (5Y)Largest decline over 5 years | -60.66% | -20.84% | -39.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.44% | — |
Current DrawdownCurrent decline from peak | -52.55% | -13.90% | -38.65% |
Average DrawdownAverage peak-to-trough decline | -50.05% | -7.39% | -42.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.69% | 5.50% | +11.19% |
Volatility
HSTC.L vs. BRK-B - Volatility Comparison
HSBC Hang Seng Tech UCITS ETF (HSTC.L) has a higher volatility of 10.05% compared to Berkshire Hathaway Inc. (BRK-B) at 3.86%. This indicates that HSTC.L's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HSTC.L | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.05% | 3.86% | +6.19% |
Volatility (6M)Calculated over the trailing 6-month period | 18.62% | 11.95% | +6.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.80% | 15.41% | +10.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.00% | 16.90% | +21.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.64% | 19.85% | +17.79% |
Dividends
HSTC.L vs. BRK-B - Dividend Comparison
Neither HSTC.L nor BRK-B has paid dividends to shareholders.
Frequently Asked Questions
HSTC.L and BRK-B have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for HSTC.L and BRK-B
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer