HTWD.L - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

6/7 High

6 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (5Y)

24.2% p.a.

5-Year Horizon

Max Drawdown (5Y)

-42.5%

Deepest Drawdown

Sharpe Ratio

0.81

Good (0.5 - 1.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

13 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High concentration risk: A few heavyweights drive the majority of fund value.

Top 10 Holdings

61.7%

Focused

Effective Holdings

~25

of 74 holdings

Top Sector

80.4%

Technology

Top Region / Country

99.5%

Taiwan

Elevated concentration in top individual holdings, leading sectors, or key regions.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

Volatility Expansion (3Y > 5Y)

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+80.6%
3 Years	26.4%	-29.1%	1.73	+48.1%
5 Years	24.2%	-42.5%	0.81	+22%
10 Years	22.1%	-42.5%	0.74	+18.9%

Notes & Warnings

⚠️ Elevated valuation: Avg P/E of 30.0

Solid fund volume

🟢 High institutional analyst coverage (20.7 analysts)

🔴 Extreme top 10 holdings concentration: 62% of fund in top 10 positions.

🔴 High single-country risk: 100% of portfolio in "Taiwan".

⚠️ Elevated emerging markets risk: 100% Emerging Markets.

🔴 Severe sector concentration risk: 80% in "Technology".

🔴 Extreme industry concentration: 52% in "Semiconductors".

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 56% of forward growth.

ℹ️ Tech-Capex Exposure: 81% in semiconductors & hardware – dependent on hyperscaler capex cycles.

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -42.5% in the extended horizon.