HSTC.L vs. BRK-B

Last updated Apr 2, 2026

Compare and contrast key facts about HSBC Hang Seng Tech UCITS ETF (HSTC.L) and Berkshire Hathaway Inc. (BRK-B).

HSTC.L is a passively managed fund by HSBC that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Dec 9, 2020.

Performance

HSTC.L vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in HSBC Hang Seng Tech UCITS ETF (HSTC.L) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

HSTC.L vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
HSTC.L HSBC Hang Seng Tech UCITS ETF	-13.50%	16.17%	21.37%	-13.38%	-19.39%	-31.98%	1.62%
BRK-B Berkshire Hathaway Inc.	-3.23%	2.99%	29.31%	9.69%	15.59%	30.17%	-0.77%

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 -13.50% return, which is significantly lower than BRK-B's -3.23% return.

HSTC.L

• 1D: 0.77%
• 1M: -3.89%
• YTD: -13.50%
• 6M: -25.79%
• 1Y: -14.95%
• 3Y*: 1.33%
• 5Y*: -10.37%
• 10Y*: —

BRK-B

• 1D: -0.38%
• 1M: 0.78%
• YTD: -3.23%
• 6M: -2.33%
• 1Y: -12.48%
• 3Y*: 12.98%
• 5Y*: 14.10%
• 10Y*: 13.58%

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

Return for Risk

HSTC.L vs. BRK-B — Risk / Return Rank

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

HSTC.L

HSTC.L Risk / Return Rank: 4
HSTC.L Sharpe Ratio Rank: 4
HSTC.L Sortino Ratio Rank: 4
HSTC.L Omega Ratio Rank: 4
HSTC.L Calmar Ratio Rank: 4
HSTC.L Martin Ratio Rank: 3

BRK-B

BRK-B Risk / Return Rank: 17
BRK-B Sharpe Ratio Rank: 16
BRK-B Sortino Ratio Rank: 16
BRK-B Omega Ratio Rank: 16
BRK-B Calmar Ratio Rank: 17
BRK-B Martin Ratio Rank: 19

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.

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 ratio Return per unit of total volatility	-0.53	-0.66	+0.13
Sortino ratio Return per unit of downside risk	-0.60	-0.80	+0.20
Omega ratio Gain probability vs. loss probability	0.93	0.90	+0.03
Calmar ratio Return relative to maximum drawdown	-0.48	-0.73	+0.25
Martin ratio Return relative to average drawdown	-1.07	-1.11	+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.

HSTC.L vs. BRK-B - Sharpe Ratio Comparison

The current HSTC.L Sharpe Ratio is -0.53, which is comparable to the BRK-B Sharpe Ratio of -0.66. The chart below compares the historical Sharpe Ratios of HSTC.L and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HSTC.L	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.53	-0.66	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	0.84	-1.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.25	0.58	-0.84

Correlation

The correlation between HSTC.L and BRK-B is 0.01, 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.

Dividends

HSTC.L vs. BRK-B - Dividend Comparison

Neither HSTC.L nor BRK-B has paid dividends to shareholders.

Tickers have no history of dividend payments

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.

Drawdown Indicators

	HSTC.L	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-69.93%	-53.86%	-16.07%
Max Drawdown (1Y) Largest decline over 1 year	-29.27%	-14.95%	-14.32%
Max Drawdown (5Y) Largest decline over 5 years	-62.13%	-26.58%	-35.55%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-54.29%	-11.36%	-42.93%
Average Drawdown Average peak-to-trough decline	-49.96%	-11.07%	-38.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.03%	8.72%	+4.31%

Volatility

HSTC.L vs. BRK-B - Volatility Comparison

HSBC Hang Seng Tech UCITS ETF (HSTC.L) has a higher volatility of 7.84% compared to Berkshire Hathaway Inc. (BRK-B) at 4.68%. 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.

Volatility by Period

	HSTC.L	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.84%	4.68%	+3.16%
Volatility (6M) Calculated over the trailing 6-month period	17.93%	12.29%	+5.64%
Volatility (1Y) Calculated over the trailing 1-year period	27.88%	18.95%	+8.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.86%	16.95%	+20.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.87%	19.84%	+18.03%