TER
0.50% p.a.
Distribution policy
Accumulating
Replication
Full replication
Fund size
295 m
Holdings
30
Overview
Description
The HSBC Hang Seng TECH UCITS ETF HKD seeks to track the Hang Seng TECH index. The Hang Seng TECH index tracks the 30 largest tech stocks listed on the Hongkong stock exchange.
Documents
Chart
Basics
Data
| Index | Hang Seng TECH |
| Investment focus | Equity, Hong Kong, Technology |
| Fund size | GBP 295 m |
| Total expense ratio | 0.50% p.a. |
| Replication | Physical (Full replication) |
| Legal structure | ETF |
| Strategy risk | Long-only |
| Sustainability | No |
| Fund currency | HKD |
| Currency risk | Currency unhedged |
| Volatility 1 year (in GBP) | 36.83% |
| Inception/ Listing Date | 9 December 2020 |
| Distribution policy | Accumulating |
| Distribution frequency | - |
| Fund domicile | Ireland |
| Fund Provider | HSBC ETF |
| Fund Structure | Company With Variable Capital (SICAV) |
| UCITS compliance | Yes |
| Administrator | HSBC Securities Services (Ireland) DAC |
| Investment Advisor | HSBC Global Asset Management (UK) Limited |
| Custodian Bank | HSBC Continental Europe |
| Revision Company | KPMG |
| Fiscal Year End | 30 December |
| Swiss representative | HSBC Global Asset Management (Switzerland) AG |
| Swiss paying agent | HSBC Private Bank (Suisse) SA |
| Germany | 30% tax rebate |
| Switzerland | No ESTV Reporting |
| Austria | Non-Tax Reporting Fund |
| UK | UK Reporting |
| Indextype | - |
| Swap counterparty | - |
| Collateral manager | |
| Securities lending | Yes |
| Securities lending counterparty | HSBC Securities Services (Ireland) DAC |
Similar ETFs
This section provides you with information on other ETFs with a similar investment focus to the HSBC Hang Seng TECH UCITS ETF HKD.
Similar ETFs via investment guides
How do you like our ETF profile? Here you'll find our Questionnaire.
Holdings
Below you find information about the composition of the HSBC Hang Seng TECH UCITS ETF HKD.
Top 10 Holdings
Weight of top 10 holdings
out of 30
66.73%
| JD.com, Inc. | 9.39% |
| Meituan | 8.53% |
| Alibaba Group Holding Ltd. | 8.10% |
| Kuaishou Technology | 7.55% |
| Tencent Holdings Ltd. | 6.93% |
| Xiaomi Corp. | 6.92% |
| Li Auto | 6.76% |
| NetEase, Inc. | 4.71% |
| Semiconductor Manufacturing International Corp. | 3.96% |
| Lenovo Group Ltd. | 3.88% |
Countries
| China | 95.76% |
| Hong Kong | 4.24% |
| Other | 0.00% |
Sectors
| Consumer Discretionary | 49.23% |
| Telecommunication | 27.12% |
| Technology | 23.03% |
| Financials | 0.61% |
As of 30/09/2024
Performance
Returns overview
| YTD | +17.89% |
| 1 month | -2.24% |
| 3 months | +28.61% |
| 6 months | +6.65% |
| 1 year | +6.65% |
| 3 years | -27.34% |
| 5 years | - |
| Since inception (MAX) | -42.40% |
| 2023 | -13.92% |
| 2022 | -18.13% |
| 2021 | -32.36% |
| 2020 | - |
Monthly returns in a heat map
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | 36.83% |
| Volatility 3 years | 40.97% |
| Volatility 5 years | - |
| Return per risk 1 year | 0.18 |
| Return per risk 3 years | -0.25 |
| Return per risk 5 years | - |
| Maximum drawdown 1 year | -28.04% |
| Maximum drawdown 3 years | -50.76% |
| Maximum drawdown 5 years | - |
| Maximum drawdown since inception | -70.20% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| Borsa Italiana | EUR | HSTE | - - | - - | - |
| gettex | EUR | H4ZX | - - | - - | - |
| Euronext Paris | EUR | HSTE | HSTE FP | ||
| London Stock Exchange | USD | HSTE | HSTE LN | ||
| London Stock Exchange | GBP | HSTC | HSTC LN | ||
| SIX Swiss Exchange | USD | HSTE | HSTE SE | HSTE.S | |
| XETRA | EUR | H4ZX | H4ZX GY HSTEEUIV | H4ZX.DE HSTEEUiv.P |
Further information
Frequently asked questions
What is the name of HSTE?
The name of HSTE is HSBC Hang Seng TECH UCITS ETF HKD.
What is the ticker of HSBC Hang Seng TECH UCITS ETF HKD?
The primary ticker of HSBC Hang Seng TECH UCITS ETF HKD is HSTE.
What is the ISIN of HSBC Hang Seng TECH UCITS ETF HKD?
The ISIN of HSBC Hang Seng TECH UCITS ETF HKD is IE00BMWXKN31.
What are the costs of HSBC Hang Seng TECH UCITS ETF HKD?
The total expense ratio (TER) of HSBC Hang Seng TECH UCITS ETF HKD amounts to 0.50% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.
Is HSBC Hang Seng TECH UCITS ETF HKD paying dividends?
HSBC Hang Seng TECH UCITS ETF HKD is an accumulating ETF. This means that dividends are not distributed to investors. Instead, dividends are reinvested in the fund on the ex-date, which leads to an increase of the ETF's share price.
What's the fund size of HSBC Hang Seng TECH UCITS ETF HKD?
The fund size of HSBC Hang Seng TECH UCITS ETF HKD is 295m GBP. See the following article for more information about the size of ETFs.
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH. Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.