HSTC.L vs. DGIT.L

Last updated Jun 26, 2026

HSTC.L (HSBC Hang Seng Tech UCITS ETF) and DGIT.L (iShares Digitalisation UCITS Acc) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from HSBC and iShares respectively. Both are passively managed. Over the past 5 years, HSTC.L returned -10.90%/yr vs -0.10%/yr for DGIT.L. At a 0.40 correlation, their price movements are largely independent. HSTC.L charges 0.50%/yr vs 0.40%/yr for DGIT.L.

Performance

HSTC.L vs. DGIT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in HSBC Hang Seng Tech UCITS ETF (HSTC.L) and iShares Digitalisation UCITS Acc (DGIT.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HSTC.L is traded in GBP, while DGIT.L is traded in GBp. To make them comparable, the DGIT.L 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 -19.83% return, which is significantly lower than DGIT.L's -1.53% return.

HSTC.L

• 1D: -2.74%
• 1M: -9.61%
• YTD: -19.83%
• 6M: -19.26%
• 1Y: -15.26%
• 3Y*: 3.24%
• 5Y*: -10.90%
• 10Y*: —

DGIT.L

• 1D: -1.05%
• 1M: -0.12%
• YTD: -1.53%
• 6M: -1.56%
• 1Y: -4.04%
• 3Y*: 11.13%
• 5Y*: -0.10%
• 10Y*: —

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

HSTC.L vs. DGIT.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
HSTC.L HSBC Hang Seng Tech UCITS ETF	-19.83%	16.16%	21.32%	-13.30%	-19.39%	-31.98%	-90.15%
DGIT.L iShares Digitalisation UCITS Acc	-1.53%	-2.47%	24.03%	25.52%	-28.82%	2.05%	1.42%

Correlation

The correlation between HSTC.L and DGIT.L is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (All Time) Calculated using the full available price history since Dec 9, 2020	0.40

The correlation between HSTC.L and DGIT.L shifts across timeframes, from 0.30 (3 years) to 0.40 (all time), reflecting how their relationship changes across market environments.

HSTC.L vs. DGIT.L - Sectors Allocation Comparison

Sectors	HSTC.L	DGIT.L
Consumer Cyclical	39.8%	16.0%
Technology	31.0%	42.9%
Communication Services	27.4%	19.6%
Healthcare	1.8%	0.1%
Basic Materials	-	-
Consumer Defensive	-	0.0%
Energy	-	-
Financial Services	-	5.5%
Industrials	-	10.1%
Real Estate	-	5.8%
Utilities	-	-

Return for Risk

HSTC.L vs. DGIT.L — 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: 5
HSTC.L Sharpe Ratio Rank: 5
HSTC.L Sortino Ratio Rank: 5
HSTC.L Omega Ratio Rank: 5
HSTC.L Calmar Ratio Rank: 6
HSTC.L Martin Ratio Rank: 6

DGIT.L

DGIT.L Risk / Return Rank: 7
DGIT.L Sharpe Ratio Rank: 7
DGIT.L Sortino Ratio Rank: 7
DGIT.L Omega Ratio Rank: 7
DGIT.L Calmar Ratio Rank: 8
DGIT.L Martin Ratio Rank: 7

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. DGIT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HSBC Hang Seng Tech UCITS ETF (HSTC.L) and iShares Digitalisation UCITS Acc (DGIT.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.

	HSTC.L	DGIT.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	-0.24	-0.34
Sortino ratio: Return per unit of downside risk	-0.70	-0.23	-0.48
Omega ratio: Gain probability vs. loss probability	0.92	0.97	-0.05
Calmar ratio: Return relative to maximum drawdown	-0.45	-0.18	-0.27
Martin ratio: Return relative to average drawdown	-0.83	-0.38	-0.46

HSTC.L vs. DGIT.L - Sharpe Ratio Comparison

The current HSTC.L Sharpe Ratio is -0.59, which is lower than the DGIT.L Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of HSTC.L and DGIT.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HSTC.L vs. DGIT.L - Drawdown Comparison

The maximum HSTC.L drawdown since its inception was -96.26%, which is greater than DGIT.L's maximum drawdown of -37.95%. Use the drawdown chart below to compare losses from any high point for HSTC.L and DGIT.L.

Drawdown Indicators

	HSTC.L	DGIT.L	Difference
Max Drawdown Largest peak-to-trough decline	-96.26%	-37.95%	-58.31%
Max Drawdown (1Y) Largest decline over 1 year	-33.76%	-22.83%	-10.93%
Max Drawdown (3Y) Largest decline over 3 years	-33.76%	-24.88%	-8.88%
Max Drawdown (5Y) Largest decline over 5 years	-60.66%	-37.95%	-22.71%
Current Drawdown Current decline from peak	-94.73%	-12.15%	-82.58%
Average Drawdown Average peak-to-trough decline	-93.58%	-13.47%	-80.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.29%	10.71%	+7.58%

Volatility

HSTC.L vs. DGIT.L - Volatility Comparison

HSBC Hang Seng Tech UCITS ETF (HSTC.L) has a higher volatility of 8.79% compared to iShares Digitalisation UCITS Acc (DGIT.L) at 5.91%. This indicates that HSTC.L's price experiences larger fluctuations and is considered to be riskier than DGIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HSTC.L	DGIT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.79%	5.91%	+2.88%
Volatility (6M) Calculated over the trailing 6-month period	19.16%	13.68%	+5.48%
Volatility (1Y) Calculated over the trailing 1-year period	25.99%	16.63%	+9.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.04%	23.68%	+14.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.66%	22.95%	+30.71%

HSTC.L vs. DGIT.L - Expense Ratio Comparison

HSTC.L has a 0.50% expense ratio, which is higher than DGIT.L's 0.40% expense ratio.

Dividends

HSTC.L vs. DGIT.L - Dividend Comparison

Neither HSTC.L nor DGIT.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both HSTC.L and DGIT.L in my portfolio?

HSTC.L and DGIT.L have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HSTC.L or DGIT.L?

On fees, DGIT.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HSTC.L or DGIT.L?

DGIT.L is cheaper with a 0.40% expense ratio, compared with 0.50% for HSTC.L.

What is the main difference between HSTC.L and DGIT.L?

Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: HSBC and iShares. Their fees differ too: 0.50% for HSTC.L and 0.40% for DGIT.L.