HSBH ETF — Holdings & Analysis

The Series, under normal circumstances, invests at least 95% of its net assets in ADRs of the Shell plc. 0.19% expense ratio, $8M AUM, inception 2025.

HSBC Holdings plc ADRhedged (HSBH) ETF — Price, Holdings & Analysis

The Series, under normal circumstances, invests at least 95% of its net assets in ADRs of the Shell plc. 0.19% expense ratio, $8M AUM, inception 2025.

ETF Overview

The Series will not invest directly in the Company. ADRs are receipts, issued by an American bank or trust issuer, which evidence ownership of underlying securities issued by a non-U.S. issuer. Generally, ADRs, issued in registered form, are designed for use in the U.S. securities markets. The fund is non-diversified.

The Series, under normal circumstances, invests at least 95% of its net assets in ADRs of the Shell plc. The Series will not invest directly in the Company. ADRs are receipts, issued by an American bank or trust issuer, which evidence ownership of underlying securities issued by a non-U.S. HSBC Holdings plc ADRhedged provides exposure to the equity market. It is heavily weighted toward Financial Services (97.4%), reflecting a sector-tilted strategy.

Risk Metrics

Heavy allocation to Financial Services (97.4%) means sector-specific downturns could disproportionately affect performance. With $8M in assets, the fund may face liquidity constraints and wider bid-ask spreads.

Expense Ratio

0.19%

How Is the Fund Allocated?

Sector	Weight
Financial Services	97.4%
Cash & Others	2.6%

Country	Weight
United Kingdom	97.4%
Other	2.6%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio

Shell plc ADRhedged (SHEH) (Equity) — 0.19% expense ratio

Questions & Answers

What is HSBC Holdings plc ADRhedged (HSBH)?

The Series, under normal circumstances, invests at least 95% of its net assets in ADRs of the Shell plc. The Series will not invest directly in the Company.

With $8M in assets under management, it is a funds in its category.

What is the expense ratio for HSBH?

HSBC Holdings plc ADRhedged has an expense ratio of 0.19%, which is considered low for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $19.

Lower expense ratios generally lead to better long-term returns, all else being equal.

What sectors does HSBH invest in?

HSBC Holdings plc ADRhedged allocates across 2 sectors. The largest sector exposures are Financial Services (97.4%), Cash & Others (2.6%). The fund is heavily concentrated in Financial Services.

How long has HSBH been around?

HSBC Holdings plc ADRhedged was launched in 2025, making it 1 years old. It is a relatively newer fund with a shorter track record. It is managed by ADRhedged.

What is the current NAV of HSBH?

HSBC Holdings plc ADRhedged has a net asset value (NAV) of approximately $78.95 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities.

Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.