HSTE.L vs. KTEC
Compare and contrast key facts about HSBC Hang Seng Tech UCITS ETF (HSTE.L) and KraneShares Hang Seng TECH Index ETF (KTEC).
HSTE.L and KTEC 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 that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Dec 9, 2020. KTEC is a passively managed fund by KraneShares that tracks the performance of the Hang Seng Tech Index. It was launched on Jun 8, 2021. Both HSTE.L and KTEC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HSTE.L vs. KTEC - Performance Comparison
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HSTE.L vs. KTEC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HSTE.L HSBC Hang Seng Tech UCITS ETF | -14.40% | 24.57% | 19.70% | -8.44% | -27.99% | -28.73% |
KTEC KraneShares Hang Seng TECH Index ETF | -13.03% | 21.01% | 16.13% | -10.41% | -26.12% | -29.50% |
Returns By Period
In the year-to-date period, HSTE.L achieves a -14.40% return, which is significantly lower than KTEC's -13.03% return.
HSTE.L
- 1D
- 1.43%
- 1M
- -4.12%
- YTD
- -14.40%
- 6M
- -26.60%
- 1Y
- -12.26%
- 3Y*
- 3.87%
- 5Y*
- -11.04%
- 10Y*
- —
KTEC
- 1D
- -0.73%
- 1M
- -4.02%
- YTD
- -13.03%
- 6M
- -26.79%
- 1Y
- -13.14%
- 3Y*
- 2.59%
- 5Y*
- —
- 10Y*
- —
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HSTE.L vs. KTEC - Expense Ratio Comparison
HSTE.L has a 0.50% expense ratio, which is lower than KTEC's 0.69% expense ratio.
Return for Risk
HSTE.L vs. KTEC — Risk / Return Rank
HSTE.L
KTEC
HSTE.L vs. KTEC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Hang Seng Tech UCITS ETF (HSTE.L) and KraneShares Hang Seng TECH Index ETF (KTEC). 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.
| HSTE.L | KTEC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.42 | -0.42 | 0.00 |
Sortino ratioReturn per unit of downside risk | -0.41 | -0.42 | 0.00 |
Omega ratioGain probability vs. loss probability | 0.95 | 0.95 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | -0.38 | -0.45 | +0.07 |
Martin ratioReturn relative to average drawdown | -0.89 | -1.06 | +0.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HSTE.L | KTEC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.42 | -0.42 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.28 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.24 | -0.25 | +0.01 |
Correlation
The correlation between HSTE.L and KTEC is 0.87, 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.
Dividends
HSTE.L vs. KTEC - Dividend Comparison
HSTE.L has not paid dividends to shareholders, while KTEC's dividend yield for the trailing twelve months is around 3.86%.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HSTE.L HSBC Hang Seng Tech UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KTEC KraneShares Hang Seng TECH Index ETF | 3.86% | 3.36% | 0.27% | 0.81% | 0.16% |
Drawdowns
HSTE.L vs. KTEC - Drawdown Comparison
The maximum HSTE.L drawdown since its inception was -74.82%, which is greater than KTEC's maximum drawdown of -66.90%. Use the drawdown chart below to compare losses from any high point for HSTE.L and KTEC.
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Drawdown Indicators
| HSTE.L | KTEC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.82% | -66.90% | -7.92% |
Max Drawdown (1Y)Largest decline over 1 year | -29.99% | -29.36% | -0.63% |
Max Drawdown (5Y)Largest decline over 5 years | -68.29% | — | — |
Current DrawdownCurrent decline from peak | -55.99% | -45.11% | -10.88% |
Average DrawdownAverage peak-to-trough decline | -52.73% | -43.97% | -8.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.93% | 12.50% | +0.43% |
Volatility
HSTE.L vs. KTEC - Volatility Comparison
HSBC Hang Seng Tech UCITS ETF (HSTE.L) and KraneShares Hang Seng TECH Index ETF (KTEC) have volatilities of 8.82% and 9.11%, 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.
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Volatility by Period
| HSTE.L | KTEC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.82% | 9.11% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 18.73% | 19.85% | -1.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.94% | 31.06% | -2.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.12% | 43.57% | -4.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.19% | 43.57% | -4.38% |