HSTE.L vs. VOO
Compare and contrast key facts about HSBC Hang Seng Tech UCITS ETF (HSTE.L) and Vanguard S&P 500 ETF (VOO).
HSTE.L and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both HSTE.L and VOO 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 VOO.
Performance
HSTE.L vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, HSTE.L achieves a 16.66% return, which is significantly lower than VOO's 25.02% return.
HSTE.L
16.66%
-4.47%
6.88%
8.94%
N/A
N/A
VOO
25.02%
0.63%
11.74%
32.35%
15.50%
13.11%
Key characteristics
| HSTE.L | VOO | |
|---|---|---|
| Sharpe Ratio | 0.15 | 2.67 |
| Sortino Ratio | 0.51 | 3.56 |
| Omega Ratio | 1.06 | 1.50 |
| Calmar Ratio | 0.08 | 3.85 |
| Martin Ratio | 0.39 | 17.51 |
| Ulcer Index | 14.56% | 1.86% |
| Daily Std Dev | 36.79% | 12.23% |
| Max Drawdown | -74.82% | -33.99% |
| Current Drawdown | -59.77% | -1.76% |
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HSTE.L vs. VOO - Expense Ratio Comparison
HSTE.L has a 0.50% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between HSTE.L and VOO is 0.26, 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. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Hang Seng Tech UCITS ETF (HSTE.L) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
HSTE.L has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.25%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSTE.L HSBC Hang Seng Tech UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
HSTE.L vs. VOO - Drawdown Comparison
The maximum HSTE.L drawdown since its inception was -74.82%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HSTE.L and VOO. For additional features, visit the drawdowns tool.
Volatility
HSTE.L vs. VOO - Volatility Comparison
HSBC Hang Seng Tech UCITS ETF (HSTE.L) has a higher volatility of 11.09% compared to Vanguard S&P 500 ETF (VOO) at 4.09%. This indicates that HSTE.L's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.