STHH vs. HSBH

Last updated Jun 24, 2026

STHH (STMicroelectronics NV ADRhedged) and HSBH (HSBC Holdings plc ADRhedged ETF) are both exchange-traded funds - STHH is a Technology Equities fund tracking the STMicroelectronics NV Local Shares Total Return, while HSBH is a Financials Equities fund tracking the HSBC Holdings plc Local Shares Total Return. Both are passively managed. Over the past year, STHH returned 158.32% vs 71.13% for HSBH. At a 0.32 correlation, their price movements are largely independent. Both charge a 0.19% expense ratio.

Performance

STHH vs. HSBH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STMicroelectronics NV ADRhedged (STHH) and HSBC Holdings plc ADRhedged ETF (HSBH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STHH achieves a 187.72% return, which is significantly higher than HSBH's 26.93% return.

STHH

• 1D: -8.12%
• 1M: 10.72%
• YTD: 187.72%
• 6M: 187.07%
• 1Y: 158.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HSBH

• 1D: -0.47%
• 1M: 5.69%
• YTD: 26.93%
• 6M: 26.23%
• 1Y: 71.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

STHH vs. HSBH - Yearly Performance Comparison

	2026 (YTD)	2025
STHH STMicroelectronics NV ADRhedged	187.72%	17.60%
HSBH HSBC Holdings plc ADRhedged ETF	26.93%	39.95%

Correlation

The correlation between STHH and HSBH is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.32

Return for Risk

STHH vs. HSBH — Risk / Return Rank

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

STHH

STHH Risk / Return Rank: 81
STHH Sharpe Ratio Rank: 92
STHH Sortino Ratio Rank: 81
STHH Omega Ratio Rank: 84
STHH Calmar Ratio Rank: 88
STHH Martin Ratio Rank: 63

HSBH

HSBH Risk / Return Rank: 90
HSBH Sharpe Ratio Rank: 93
HSBH Sortino Ratio Rank: 91
HSBH Omega Ratio Rank: 90
HSBH Calmar Ratio Rank: 89
HSBH Martin Ratio Rank: 88

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.

STHH vs. HSBH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STMicroelectronics NV ADRhedged (STHH) and HSBC Holdings plc ADRhedged ETF (HSBH). 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.

	STHH	HSBH	Difference
Sharpe ratio: Return per unit of total volatility	3.02	3.02	0.00
Sortino ratio: Return per unit of downside risk	3.33	3.80	-0.47
Omega ratio: Gain probability vs. loss probability	1.47	1.52	-0.05
Calmar ratio: Return relative to maximum drawdown	4.70	4.83	-0.13
Martin ratio: Return relative to average drawdown	10.65	17.50	-6.85

STHH vs. HSBH - Sharpe Ratio Comparison

The current STHH Sharpe Ratio is 3.02, which is comparable to the HSBH Sharpe Ratio of 3.02. The chart below compares the historical Sharpe Ratios of STHH and HSBH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

STHH vs. HSBH - Drawdown Comparison

The maximum STHH drawdown since its inception was -33.89%, which is greater than HSBH's maximum drawdown of -14.81%. Use the drawdown chart below to compare losses from any high point for STHH and HSBH.

Drawdown Indicators

	STHH	HSBH	Difference
Max Drawdown Largest peak-to-trough decline	-33.89%	-14.81%	-19.08%
Max Drawdown (1Y) Largest decline over 1 year	-33.89%	-14.81%	-19.08%
Current Drawdown Current decline from peak	-8.12%	-0.47%	-7.65%
Average Drawdown Average peak-to-trough decline	-10.17%	-2.33%	-7.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.93%	4.08%	+10.85%

Volatility

STHH vs. HSBH - Volatility Comparison

STMicroelectronics NV ADRhedged (STHH) has a higher volatility of 25.53% compared to HSBC Holdings plc ADRhedged ETF (HSBH) at 8.22%. This indicates that STHH's price experiences larger fluctuations and is considered to be riskier than HSBH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STHH	HSBH	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.53%	8.22%	+17.31%
Volatility (6M) Calculated over the trailing 6-month period	41.13%	19.28%	+21.85%
Volatility (1Y) Calculated over the trailing 1-year period	52.67%	23.64%	+29.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.51%	22.88%	+28.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.51%	22.88%	+28.63%

STHH vs. HSBH - Expense Ratio Comparison

Both STHH and HSBH have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

STHH vs. HSBH - Dividend Comparison

STHH's dividend yield for the trailing twelve months is around 0.70%, less than HSBH's 2.34% yield.

Position	TTM	2025
HSBH HSBC Holdings plc ADRhedged ETF	2.34%	0.00%
STHH STMicroelectronics NV ADRhedged	0.70%	0.69%

Frequently Asked Questions

Can I hold both STHH and HSBH in my portfolio?

STHH and HSBH have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STHH or HSBH?

STHH has higher volatility (25.53%) compared to HSBH (8.22%). In terms of maximum drawdown, STHH dropped -33.89% vs HSBH's -14.81%.

Which ETF is better, STHH or HSBH?

On 1-year performance, STHH leads with 158.32% vs 71.13% for HSBH. Both ETFs have the same 0.19% expense ratio. On volatility, HSBH has been the lower-risk option at 8.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STHH or HSBH?

Over the 1-year period, STHH has performed better with a 158.32% return vs 71.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STHH or HSBH?

STHH and HSBH have the same expense ratio: 0.19% per year.

Which ETF pays a higher dividend yield, STHH or HSBH?

HSBH has the higher dividend yield at 2.34%, compared with 0.70% for STHH.

What is the main difference between STHH and HSBH?

STHH is categorized as Technology Equities, while HSBH is Financials Equities. STHH tracks STMicroelectronics NV Local Shares Total Return, while HSBH tracks HSBC Holdings plc Local Shares Total Return.

Which has better risk-adjusted returns?

HSBH currently has the higher Sharpe Ratio (3.02 vs 3.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.