HSTC.L vs. VPNG.L
HSTC.L (HSBC Hang Seng Tech UCITS ETF) and VPNG.L (Global X Data Center REITs & Digital Infrastructure UCITS ETF USD Accumulating) are both Technology Equities funds - HSTC.L tracks the MSCI World/Information Tech NR USD while VPNG.L tracks the Solactive Data Center REITs & Digital Infrastructure v2 Index. Both are passively managed. Over the past 3 years, HSTC.L returned 3.24%/yr vs 32.74%/yr for VPNG.L. At a 0.42 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.
Performance
HSTC.L vs. VPNG.L - Performance Comparison
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Returns By Period
In the year-to-date period, HSTC.L achieves a -19.83% return, which is significantly lower than VPNG.L's 50.33% 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*
- —
VPNG.L
- 1D
- 0.00%
- 1M
- 2.81%
- YTD
- 50.33%
- 6M
- 53.35%
- 1Y
- 74.81%
- 3Y*
- 32.74%
- 5Y*
- —
- 10Y*
- —
HSTC.L vs. VPNG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HSTC.L HSBC Hang Seng Tech UCITS ETF | -19.83% | 16.16% | 21.32% | -13.30% | -19.39% | -1.13% |
VPNG.L Global X Data Center REITs & Digital Infrastructure UCITS ETF USD Accumulating | 50.33% | 20.65% | 15.20% | 11.28% | -22.01% | 1.90% |
Correlation
The correlation between HSTC.L and VPNG.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2021 | 0.42 |
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Return for Risk
HSTC.L vs. VPNG.L — Risk / Return Rank
HSTC.L
VPNG.L
HSTC.L vs. VPNG.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 Global X Data Center REITs & Digital Infrastructure UCITS ETF USD Accumulating (VPNG.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 | VPNG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.82 | ||
| Sortino ratioReturn per unit of downside risk | -4.75 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.51 | -0.59 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 5.29 | -5.74 |
| Martin ratioReturn relative to average drawdown | -0.83 | 17.74 | -18.57 |
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Drawdowns
HSTC.L vs. VPNG.L - Drawdown Comparison
The maximum HSTC.L drawdown since its inception was -96.26%, which is greater than VPNG.L's maximum drawdown of -26.74%. Use the drawdown chart below to compare losses from any high point for HSTC.L and VPNG.L.
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Drawdown Indicators
| HSTC.L | VPNG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.26% | -26.74% | -69.52% |
Max Drawdown (1Y)Largest decline over 1 year | -33.76% | -14.22% | -19.54% |
Max Drawdown (3Y)Largest decline over 3 years | -33.76% | -26.74% | -7.02% |
Max Drawdown (5Y)Largest decline over 5 years | -60.66% | — | — |
Current DrawdownCurrent decline from peak | -94.73% | -2.90% | -91.83% |
Average DrawdownAverage peak-to-trough decline | -93.58% | -11.41% | -82.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.29% | 4.24% | +14.05% |
Volatility
HSTC.L vs. VPNG.L - Volatility Comparison
HSBC Hang Seng Tech UCITS ETF (HSTC.L) has a higher volatility of 8.79% compared to Global X Data Center REITs & Digital Infrastructure UCITS ETF USD Accumulating (VPNG.L) at 7.10%. This indicates that HSTC.L's price experiences larger fluctuations and is considered to be riskier than VPNG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSTC.L | VPNG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.79% | 7.10% | +1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 19.16% | 16.12% | +3.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.99% | 23.22% | +2.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.04% | 20.87% | +17.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.66% | 20.87% | +32.79% |
HSTC.L vs. VPNG.L - Expense Ratio Comparison
Both HSTC.L and VPNG.L have an expense ratio of 0.50%.
Dividends
HSTC.L vs. VPNG.L - Dividend Comparison
Neither HSTC.L nor VPNG.L has paid dividends to shareholders.
Frequently Asked Questions
HSTC.L and VPNG.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
HSTC.L and VPNG.L have the same expense ratio: 0.50% per year.
HSTC.L tracks MSCI World/Information Tech NR USD, while VPNG.L tracks Solactive Data Center REITs & Digital Infrastructure v2 Index. They also come from different issuers: HSBC and Global X.
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