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HSTE.L vs. BRK-B
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

HSTE.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 (HSTE.L) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

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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-B's -2.95% 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-B

1D
-1.41%
1M
0.87%
YTD
-2.95%
6M
-2.70%
1Y
0.33%
3Y*
13.44%
5Y*
11.87%
10Y*
13.42%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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


2026 (YTD)202520242023202220212020
HSTE.L
HSBC Hang Seng Tech UCITS ETF
-21.32%24.64%19.65%-8.46%-27.99%-32.88%-86.54%
BRK-B
Berkshire Hathaway Inc.
-2.95%10.89%27.09%15.46%3.31%28.95%1.61%

Correlation

The correlation between HSTE.L and BRK-B is -0.06, 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

-0.06

Correlation (3Y)
Calculated over the trailing 3-year period

0.08

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-B shifts across timeframes, from -0.06 (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-B — Risk / Return Rank

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

HSTE.L
HSTE.L Risk / Return Rank: 55
Overall Rank
HSTE.L Sharpe Ratio Rank: 44
Sharpe Ratio Rank
HSTE.L Sortino Ratio Rank: 44
Sortino Ratio Rank
HSTE.L Omega Ratio Rank: 44
Omega Ratio Rank
HSTE.L Calmar Ratio Rank: 55
Calmar Ratio Rank
HSTE.L Martin Ratio Rank: 55
Martin Ratio Rank

BRK-B
BRK-B Risk / Return Rank: 4141
Overall Rank
BRK-B Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
BRK-B Sortino Ratio Rank: 3636
Sortino Ratio Rank
BRK-B Omega Ratio Rank: 3636
Omega Ratio Rank
BRK-B Calmar Ratio Rank: 4444
Calmar Ratio Rank
BRK-B Martin Ratio Rank: 4444
Martin Ratio Rank
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.

HSTE.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 (HSTE.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.

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.LBRK-BDifference
Sharpe ratioReturn per unit of total volatility

-0.67

Sortino ratioReturn per unit of downside risk

-0.92

Omega ratioGain probability vs. loss probability

0.91

1.02

-0.10

Calmar ratioReturn relative to maximum drawdown

-0.51

0.04

-0.55

Martin ratioReturn relative to average drawdown

-0.98

0.07

-1.05

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

The current HSTE.L Sharpe Ratio is -0.64, which is lower than the BRK-B Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of HSTE.L and BRK-B, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

HSTE.L vs. BRK-B - Drawdown Comparison

The maximum HSTE.L drawdown since its inception was -95.65%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for HSTE.L and BRK-B.


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Drawdown Indicators


HSTE.LBRK-BDifference

Max Drawdown

Largest peak-to-trough decline

-95.65%

-53.86%

-41.79%

Max Drawdown (1Y)

Largest decline over 1 year

-34.66%

-9.42%

-25.24%

Max Drawdown (3Y)

Largest decline over 3 years

-34.96%

-14.95%

-20.01%

Max Drawdown (5Y)

Largest decline over 5 years

-67.13%

-26.58%

-40.55%

Max Drawdown (10Y)

Largest decline over 10 years

-29.57%

Current Drawdown

Current decline from peak

-93.01%

-9.63%

-83.38%

Average Drawdown

Average peak-to-trough decline

-91.80%

-11.07%

-80.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.21%

4.51%

+13.70%

Volatility

HSTE.L vs. BRK-B - Volatility Comparison

HSBC Hang Seng Tech UCITS ETF (HSTE.L) has a higher volatility of 9.49% compared to Berkshire Hathaway Inc. (BRK-B) at 3.80%. This indicates that HSTE.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.


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Volatility by Period


HSTE.LBRK-BDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.49%

3.80%

+5.69%

Volatility (6M)

Calculated over the trailing 6-month period

21.05%

10.53%

+10.52%

Volatility (1Y)

Calculated over the trailing 1-year period

27.53%

14.40%

+13.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

39.46%

17.10%

+22.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

53.67%

19.39%

+34.28%

Dividends

HSTE.L vs. BRK-B - Dividend Comparison

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


Tickers have no history of dividend payments

Frequently Asked Questions


HSTE.L and BRK-B have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

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