HSTE.L vs. BTC-USD
Compare and contrast key facts about HSBC Hang Seng Tech UCITS ETF (HSTE.L) and Bitcoin (BTC-USD).
HSTE.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSTE.L or BTC-USD.
Performance
HSTE.L vs. BTC-USD - Performance Comparison
Returns By Period
In the year-to-date period, HSTE.L achieves a 16.66% return, which is significantly lower than BTC-USD's 114.23% return.
HSTE.L
16.66%
-4.47%
6.88%
8.94%
N/A
N/A
BTC-USD
114.23%
32.44%
26.72%
142.18%
62.35%
74.25%
Key characteristics
| HSTE.L | BTC-USD | |
|---|---|---|
| Sharpe Ratio | 0.15 | 0.72 |
| Sortino Ratio | 0.51 | 1.39 |
| Omega Ratio | 1.06 | 1.13 |
| Calmar Ratio | 0.08 | 0.53 |
| Martin Ratio | 0.39 | 2.96 |
| Ulcer Index | 14.56% | 13.19% |
| Daily Std Dev | 36.79% | 44.25% |
| Max Drawdown | -74.82% | -93.07% |
| Current Drawdown | -59.77% | -0.57% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between HSTE.L and BTC-USD is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
HSTE.L vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Hang Seng Tech UCITS ETF (HSTE.L) and Bitcoin (BTC-USD). 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.
Drawdowns
HSTE.L vs. BTC-USD - Drawdown Comparison
The maximum HSTE.L drawdown since its inception was -74.82%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for HSTE.L and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
HSTE.L vs. BTC-USD - Volatility Comparison
The current volatility for HSBC Hang Seng Tech UCITS ETF (HSTE.L) is 11.02%, while Bitcoin (BTC-USD) has a volatility of 16.83%. This indicates that HSTE.L experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.