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HCBG ETF · HSBC Global Funds ICAV - Global Corporate Bond UCITS ETF
The HCBG Exchange Traded Fund (ETF) is provided by HSBC. It is built to track an index: Bloomberg 100% Global Aggregate Corporate Bond Index. The HCBG ETF provides physical exposure, so by buying it you actually own parts of all the 4,274 underlying holdings. This share class generates a stream of income by distributing dividends.
Share class
Dist
GBP
Hedged
Last update 3/13/2026, 8:00 AM UTC
LIVE
CLOSED
This fund is part ofInternational Aggregate Bonds1M perf.-2.59%
Last price
£10.68
1M perf.
-1.55%
1M flows
+€5.3M
AuM
€142M
E/R
0.1299%
Rating
Not rated
ESG Consensus®
HCBG
£10.68
Performance & flows
Segment for quartile rank
December 12, 2025 → March 12, 2026
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HCBG
£10.69
+0.03%
International Aggregate Bonds
-0.25%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -1.55%  | +0.03%  | +5.19%  | N/A | N/A | -1.89% | -0.46% | -0.46% | |
| Flows |
Key fund info
Segment for quartile rank
Main characteristics
More details
NAV
3/12/2026
£10.69
1D NAV change
-0.38%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
4274
Inception date
10/11/2023
Jurisdiction
Ireland
Distribution
Finland
Sweden
United Kingdom
France
Switzerland
Legal structure
Irish Collective Asset-management Vehicle
Base currency
GBP
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
Bloomberg 100% Global Aggregate Corporate Bond Index
Asset class
Factors
N/A
Share class info
GBP distributing hedged
Total AuM of fund
€161M
Decimalisation of shares
No
Investment strategy
The Fund aims to provide regular income and capital growth by tracking as closely as possible the performance of the Bloomberg Global Aggregate Corporate Bond Index.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Legal documents
Powerful buy-list integration
Fund data exports
Advanced risk metrics
Advanced replication analysis
Advanced exposure look-through
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +0.03% | +5.19%  | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
1
2
3
4
5
6
7
PRIIPS
1
2
3
4
5
6
7
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Enterprise
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Countries
USA
58.35%
France
6.14%
United Kingdom
6.00%
Canada
3.89%
Germany
2.73%
Switzerland
1.74%
Italy
1.59%
Netherlands
1.56%
Unavailable
6.62%
Other
11.38%
Sectors
Banks
17.52%
Power
6.64%
Insurance and reinsurance
4.92%
Pharmaceutical preparation and biotechnology
3.69%
Communication services
3.18%
Food and beverage production
3.08%
Oil and gas extraction and refining
2.48%
Real estate investment and services
2.40%
Unavailable
26.26%
Other
29.81%
Diversification
Total weight of top 15 holdings out of 4274
Top 15 holdings
Data as of January 31, 2026
Bank of America Corporation, 5.288% 25apr2034, USD (N)
UBS Group, 7.75% 1mar2029, EUR (9)
Wells Fargo, 5.574% 25jul2029, USD (W)
Roche Holdings Inc, 5.593% 13nov2033, USD
Banco Santander, 5.75% 23aug2033, EUR
Pfizer, 4.75% 19may2033, USD
Aercap Ireland Capital, 6.45% 15apr2027, USD
The Home Depot, 4.95% 25jun2034, USD
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Oracle, 6.9% 9nov2052, USD
Humana Inc., 5.375% 15apr2031, USD
HSBC Holdings plc, 6.332% 9mar2044, USD
Citigroup, 6.02% 24jan2036, USD
JP Morgan, 5.534% 29nov2045, USD
FR001400YAD3
Florida Power & Light, 5.3% 15jun2034, USD
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Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about HCBG ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
HCBG’s has a Final Sustainability Grade of either C+, C, C-, or D.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
60.54% of holdings have positive scoring
39.46% of holdings have negative scoring
32.67%
23.51%
9.06%
22.93%
7.47%
Consensus levels
Strong
Medium
Weak
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
HSBC
HSBC ID Card
Number of funds
114
Total AuM
€44.25B
Expense ratio range
0.05% - 0.65%
Average expense ratio
0.2076%
Top 5 funds by HSBC
| AuM | ||
|---|---|---|
HMWO | HSBC MSCI World UCITS ETF | €12.24B |
HSPD | HSBC S&P 500 UCITS ETF | €7.27B |
HMEF | HSBC MSCI Emerging Markets UCITS ETF | €3.32B |
HPRD | HSBC FTSE EPRA/NAREIT DEVELOPED UCITS ETF | €1.76B |
HMWA | HSBC MSCI World UCITS ETF | €1.53B |
Frequently asked questions about HCBG
What does HSBC Global Funds ICAV - Global Corporate Bond UCITS ETF, HCBG, invest in?
HCBG is a Passive ETF. This ETF provides exposure to Global Investment Grade Aggregate Bonds.
Which benchmark or index does HCBG replicate?
HCBG tracks the Bloomberg 100% Global Aggregate Corporate Bond Index - USD Hedged, through a optimized sampling replication method.
What is the Total Expense ratio (TER) of HCBG?
HCBG carries a total expense ratio (TER) of 0.1299%, indicating the annual cost for holding the fund.
When was HCBG launched?
HCBG was introduced to the market on October 11, 2023. It trades on Finland, among other exchanges
Who is the ETF issuer of HCBG?
HSBC Global Funds ICAV - Global Corporate Bond UCITS ETF, HCBG, is provided by HSBC. Learn more about HSBC here.
Does HCBG have multiple share classes?
Yes, HCBG is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .
What is the current assets under management (AUM) of HCBG?
HCBG oversees €142M in assets as of March 12, 2026.
How has HCBG performed lately?
Based on data from March 12, 2026, HCBG returned -1.55% over the past month, 0.03% over the last three months and -0.46% year-to-date.
What are the latest inflows or outflows for HCBG?
As of March 12, 2026, HCBG recorded net flows of +€5.4M over the last month and +€5.1M year-to-date.
Does HCBG distribute dividends?
HCBG follows a distributing dividend policy, meaning it pays out income to investors. As of March 12, 2026, its 12-month trailing yield was 4.59%.
What are the main country or region exposures of HCBG?
As of January 31, 2026, HCBG has significant geographic allocations in USA, France and United Kingdom.
In which sector or theme does HCBG invest in?
As of January 31, 2026, HCBG focuses largely on Banks, Power and Insurance and reinsurance.
How many securities does HCBG hold and how diversified is it?
As of January 31, 2026, HCBG holds 4274 positions in its portfolio, with 3.05% of assets concentrated in its top 15 holdings.
What are the main positions in HCBG?
As of January 31, 2026, HCBG top three holdings include Bank of America Corporation, 5.288% 25apr2034, USD (N), UBS Group, 7.75% 1mar2029, EUR (9) and Wells Fargo, 5.574% 25jul2029, USD (W).
What is the base currency of HCBG?
The base currency of HCBG is GBP.
Is HCBG currency-hedged?
HCBG is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.
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