TEC vs. STHH
TEC (Harbor Transformative Technologies ETF) and STHH (STMicroelectronics NV ADRhedged) are both Technology Equities funds. TEC is actively managed, while STHH is passively managed. Over the past year, TEC returned 41.52% vs 209.77% for STHH. A 0.55 correlation means they provide meaningful diversification when combined. TEC charges 0.69%/yr vs 0.19%/yr for STHH.
Performance
TEC vs. STHH - Performance Comparison
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Returns By Period
In the year-to-date period, TEC achieves a 20.38% return, which is significantly lower than STHH's 209.56% return.
TEC
- 1D
- -1.25%
- 1M
- 11.87%
- YTD
- 20.38%
- 6M
- 18.30%
- 1Y
- 41.52%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
STHH
- 1D
- 0.46%
- 1M
- 45.30%
- YTD
- 209.56%
- 6M
- 210.55%
- 1Y
- 209.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TEC vs. STHH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TEC Harbor Transformative Technologies ETF | 20.38% | 40.58% |
STHH STMicroelectronics NV ADRhedged | 209.56% | 16.74% |
Correlation
The correlation between TEC and STHH is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2025 | 0.55 |
The correlation between TEC and STHH has been stable across timeframes, ranging from 0.54 to 0.55 - a consistent structural relationship.
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Return for Risk
TEC vs. STHH — Risk / Return Rank
TEC
STHH
TEC vs. STHH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Transformative Technologies ETF (TEC) and STMicroelectronics NV ADRhedged (STHH). 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.
| TEC | STHH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.12 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.60 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.38 | 6.23 | -3.85 |
| Martin ratioReturn relative to average drawdown | 7.40 | 14.15 | -6.74 |
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
| TEC | STHH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 4.20 | -2.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.08 | 4.44 | -1.36 |
Drawdowns
TEC vs. STHH - Drawdown Comparison
The maximum TEC drawdown since its inception was -17.50%, smaller than the maximum STHH drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for TEC and STHH.
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Drawdown Indicators
| TEC | STHH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.50% | -33.89% | +16.39% |
Max Drawdown (1Y)Largest decline over 1 year | -17.50% | -33.89% | +16.39% |
Current DrawdownCurrent decline from peak | -1.25% | 0.00% | -1.25% |
Average DrawdownAverage peak-to-trough decline | -3.46% | -10.46% | +7.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.62% | 14.90% | -9.28% |
Volatility
TEC vs. STHH - Volatility Comparison
The current volatility for Harbor Transformative Technologies ETF (TEC) is 5.28%, while STMicroelectronics NV ADRhedged (STHH) has a volatility of 20.33%. This indicates that TEC experiences smaller price fluctuations and is considered to be less risky than STHH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEC | STHH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.28% | 20.33% | -15.05% |
Volatility (6M)Calculated over the trailing 6-month period | 15.48% | 36.77% | -21.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.11% | 50.39% | -30.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.95% | 49.44% | -28.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.95% | 49.44% | -28.49% |
TEC vs. STHH - Expense Ratio Comparison
TEC has a 0.69% expense ratio, which is higher than STHH's 0.19% expense ratio.
Dividends
TEC vs. STHH - Dividend Comparison
TEC has not paid dividends to shareholders, while STHH's dividend yield for the trailing twelve months is around 0.55%.
| Position | TTM | 2025 |
|---|---|---|
STHH STMicroelectronics NV ADRhedged | 0.55% | 0.69% |
TEC Harbor Transformative Technologies ETF | 0.00% | 0.00% |
Frequently Asked Questions
TEC and STHH have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STHH has higher volatility (20.33%) compared to TEC (5.28%). In terms of maximum drawdown, TEC dropped -17.50% vs STHH's -33.89%.
On 1-year performance, STHH leads with 209.77% vs 41.52% for TEC. On fees, STHH is cheaper at 0.19% per year. On volatility, TEC has been the lower-risk option at 5.28%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, STHH has performed better with a 209.77% return vs 41.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
STHH is cheaper with a 0.19% expense ratio, compared with 0.69% for TEC.
STHH has the higher dividend yield at 0.55%, compared with 0.00% for TEC.
They also come from different issuers: Harbor and ADRhedged. Their fees differ too: 0.69% for TEC and 0.19% for STHH.
STHH currently has the higher Sharpe Ratio (4.20 vs 2.08), 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.
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