41
Business CycleAvoid
HSBC BusIness Cycles
HSBC · Direct–Growth · rank #12 of 19 by Smart Score
Trailing returns
1 Year
-2.3%
-2.8% vs index
3 Years
16.6%
+4.4% vs index
5 Years
16.4%
+4.5% vs index
Since launch
14.0%
Year-by-year performance
2023
+32.7%+6.2% vs index
2024
+37.8%+22.1% vs index
2025
-1.6%-9.3% vs index
2026
+2.4%+4.2% vs index
Why this score
HSBC BusIness Cycles scores 41/100 — #12 of 19 Business Cycle fund (Avoid). It stands out for 3y return — beating 61% of peers on 3y return. The main drag is its 5y return (better than only 25% of peers).
Each bar shows the fund's percentile vs Business Cycle peers — a longer bar beats more of the category.
5Y return16.39% · 25th percentile in category
Volatility20.45 · 8th percentile in category
3Y return16.58% · 61st percentile in category
1Y return-2.29% · 8th percentile in category
Fund size1182.69 Cr · 29th percentile in category
Sortino ratio0.75 · 58th percentile in category