HSTC.L vs. CNKY.L
Compare and contrast key facts about HSBC Hang Seng Tech UCITS ETF (HSTC.L) and iShares Nikkei 225 UCITS ETF (Acc) (CNKY.L).
HSTC.L and CNKY.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. CNKY.L is a passively managed fund by iShares that tracks the performance of the TOPIX TR JPY. It was launched on Jan 25, 2010. Both HSTC.L and CNKY.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSTC.L or CNKY.L.
Key characteristics
| HSTC.L | CNKY.L | |
|---|---|---|
| YTD Return | 23.02% | 8.45% |
| 1Y Return | 11.09% | 14.77% |
| 3Y Return (Ann) | -7.56% | 2.17% |
| Sharpe Ratio | 0.29 | 0.92 |
| Sortino Ratio | 0.69 | 1.35 |
| Omega Ratio | 1.08 | 1.18 |
| Calmar Ratio | 0.15 | 1.06 |
| Martin Ratio | 0.61 | 2.55 |
| Ulcer Index | 17.29% | 6.16% |
| Daily Std Dev | 36.16% | 16.96% |
| Max Drawdown | -69.93% | -23.61% |
| Current Drawdown | -53.89% | -5.94% |
Correlation
The correlation between HSTC.L and CNKY.L is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HSTC.L vs. CNKY.L - Performance Comparison
In the year-to-date period, HSTC.L achieves a 23.02% return, which is significantly higher than CNKY.L's 8.45% 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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HSTC.L vs. CNKY.L - Expense Ratio Comparison
HSTC.L has a 0.50% expense ratio, which is higher than CNKY.L's 0.48% expense ratio.
Risk-Adjusted Performance
HSTC.L vs. CNKY.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Hang Seng Tech UCITS ETF (HSTC.L) and iShares Nikkei 225 UCITS ETF (Acc) (CNKY.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.
Dividends
HSTC.L vs. CNKY.L - Dividend Comparison
Neither HSTC.L nor CNKY.L has paid dividends to shareholders.
Drawdowns
HSTC.L vs. CNKY.L - Drawdown Comparison
The maximum HSTC.L drawdown since its inception was -69.93%, which is greater than CNKY.L's maximum drawdown of -23.61%. Use the drawdown chart below to compare losses from any high point for HSTC.L and CNKY.L. For additional features, visit the drawdowns tool.
Volatility
HSTC.L vs. CNKY.L - Volatility Comparison
HSBC Hang Seng Tech UCITS ETF (HSTC.L) has a higher volatility of 11.97% compared to iShares Nikkei 225 UCITS ETF (Acc) (CNKY.L) at 5.01%. This indicates that HSTC.L's price experiences larger fluctuations and is considered to be riskier than CNKY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.