HSTE.L vs. HSTC.L
Compare and contrast key facts about HSBC Hang Seng Tech UCITS ETF (HSTE.L) and HSBC Hang Seng Tech UCITS ETF (HSTC.L).
HSTE.L and HSTC.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. HSTC.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. Both HSTE.L and HSTC.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSTE.L or HSTC.L.
Performance
HSTE.L vs. HSTC.L - Performance Comparison
Returns By Period
In the year-to-date period, HSTE.L achieves a 16.66% return, which is significantly lower than HSTC.L's 17.77% return.
HSTE.L
16.66%
-4.47%
6.88%
8.94%
N/A
N/A
HSTC.L
17.77%
-1.26%
7.68%
7.28%
N/A
N/A
Key characteristics
| HSTE.L | HSTC.L | |
|---|---|---|
| Sharpe Ratio | 0.15 | 0.13 |
| Sortino Ratio | 0.51 | 0.46 |
| Omega Ratio | 1.06 | 1.05 |
| Calmar Ratio | 0.08 | 0.07 |
| Martin Ratio | 0.39 | 0.31 |
| Ulcer Index | 14.56% | 15.25% |
| Daily Std Dev | 36.79% | 36.04% |
| Max Drawdown | -74.82% | -69.93% |
| Current Drawdown | -59.77% | -55.85% |
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HSTE.L vs. HSTC.L - Expense Ratio Comparison
Both HSTE.L and HSTC.L have an expense ratio of 0.50%.
Correlation
The correlation between HSTE.L and HSTC.L is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
HSTE.L vs. HSTC.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Hang Seng Tech UCITS ETF (HSTE.L) and HSBC Hang Seng Tech UCITS ETF (HSTC.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.
Dividends
HSTE.L vs. HSTC.L - Dividend Comparison
Neither HSTE.L nor HSTC.L has paid dividends to shareholders.
Drawdowns
HSTE.L vs. HSTC.L - Drawdown Comparison
The maximum HSTE.L drawdown since its inception was -74.82%, which is greater than HSTC.L's maximum drawdown of -69.93%. Use the drawdown chart below to compare losses from any high point for HSTE.L and HSTC.L. For additional features, visit the drawdowns tool.
Volatility
HSTE.L vs. HSTC.L - Volatility Comparison
HSBC Hang Seng Tech UCITS ETF (HSTE.L) and HSBC Hang Seng Tech UCITS ETF (HSTC.L) have volatilities of 11.09% and 11.42%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.