HSTE.L vs. BRK-A
HSTE.L (HSBC Hang Seng Tech UCITS ETF) is Technology Equities fund tracking the MSCI World/Information Tech NR USD, while BRK-A (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, HSTE.L returned -11.82%/yr vs 11.84%/yr for BRK-A. At a 0.09 correlation, their price movements are largely independent.
Performance
HSTE.L vs. BRK-A - Performance Comparison
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Returns By Period
In the year-to-date period, HSTE.L achieves a -21.32% return, which is significantly lower than BRK-A's -2.84% return.
HSTE.L
- 1D
- -2.56%
- 1M
- -11.22%
- YTD
- -21.32%
- 6M
- -21.01%
- 1Y
- -17.81%
- 3Y*
- 4.54%
- 5Y*
- -11.82%
- 10Y*
- —
BRK-A
- 1D
- -1.28%
- 1M
- 1.23%
- YTD
- -2.84%
- 6M
- -2.38%
- 1Y
- 0.47%
- 3Y*
- 13.10%
- 5Y*
- 11.84%
- 10Y*
- 13.43%
HSTE.L vs. BRK-A - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HSTE.L HSBC Hang Seng Tech UCITS ETF | -21.32% | 24.64% | 19.65% | -8.46% | -27.99% | -32.88% | -86.54% |
BRK-A Berkshire Hathaway Inc. | -2.84% | 10.85% | 25.49% | 15.77% | 4.00% | 29.57% | 1.62% |
Correlation
The correlation between HSTE.L and BRK-A is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2020 | 0.09 |
The correlation between HSTE.L and BRK-A shifts across timeframes, from -0.04 (1 year) to 0.10 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
HSTE.L vs. BRK-A — Risk / Return Rank
HSTE.L
BRK-A
HSTE.L vs. BRK-A - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Hang Seng Tech UCITS ETF (HSTE.L) and Berkshire Hathaway Inc. (BRK-A). 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.
| HSTE.L | BRK-A | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.02 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 0.05 | -0.56 |
| Martin ratioReturn relative to average drawdown | -0.98 | 0.11 | -1.08 |
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Drawdowns
HSTE.L vs. BRK-A - Drawdown Comparison
The maximum HSTE.L drawdown since its inception was -95.65%, which is greater than BRK-A's maximum drawdown of -51.47%. Use the drawdown chart below to compare losses from any high point for HSTE.L and BRK-A.
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Drawdown Indicators
| HSTE.L | BRK-A | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.65% | -51.47% | -44.18% |
Max Drawdown (1Y)Largest decline over 1 year | -34.66% | -9.12% | -25.54% |
Max Drawdown (3Y)Largest decline over 3 years | -34.96% | -14.43% | -20.53% |
Max Drawdown (5Y)Largest decline over 5 years | -67.13% | -25.98% | -41.15% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.43% | — |
Current DrawdownCurrent decline from peak | -93.01% | -9.38% | -83.63% |
Average DrawdownAverage peak-to-trough decline | -91.80% | -9.52% | -82.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.21% | 4.42% | +13.79% |
Volatility
HSTE.L vs. BRK-A - Volatility Comparison
HSBC Hang Seng Tech UCITS ETF (HSTE.L) has a higher volatility of 9.49% compared to Berkshire Hathaway Inc. (BRK-A) at 3.87%. This indicates that HSTE.L's price experiences larger fluctuations and is considered to be riskier than BRK-A based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSTE.L | BRK-A | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.49% | 3.87% | +5.62% |
Volatility (6M)Calculated over the trailing 6-month period | 21.05% | 10.39% | +10.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.53% | 13.97% | +13.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.46% | 17.14% | +22.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.67% | 18.94% | +34.73% |
Dividends
HSTE.L vs. BRK-A - Dividend Comparison
Neither HSTE.L nor BRK-A has paid dividends to shareholders.
Frequently Asked Questions
HSTE.L and BRK-A have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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