# Global Sukuk UCITS ETF -ETFS- USD (HSKD) **Page:** https://fundology.uk/fund/hskd · ISIN IE0009U8IBU8 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, HSKD (Global Sukuk UCITS ETF -ETFS- USD, ISIN IE0009U8IBU8) closed at $10.06 on the London Stock Exchange. Its ongoing charge is 0.37% a year (about £37 on £10,000). Over the year to 13/11/2026 its total return was −1.2%, or −4.7% after UK CPIH inflation. ## Summary Global Sukuk UCITS ETF -ETFS- USD is an exchange-traded fund (ETF) from HSBC, launched in 2025. It tracks the FTSE IdealRatings Sukuk Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.37% a year — about £37 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **$10.06** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | HSKD | | ISIN | IE0009U8IBU8 | | Category | Corporate & other bonds | | Type | ETF | | Provider | HSBC | | Tracks | FTSE IdealRatings Sukuk Index | | Income | Distributing | | Ongoing charge | 0.37% a year (£37 per £10,000) | | Fund size | £23.5m | | Launched | 2025 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2023 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -1.23% | -4.73% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Global Sukuk UCITS ETF -ETFS- USD in pounds (price only, income paid out not included): 2026 to 13/11/2026 −4.4%. Returns of Global Sukuk UCITS ETF -ETFS- USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −4.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 13/11/2026 | -4.4% | -7.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.90% | -7.47% | ## Largest fall Volatility of Global Sukuk UCITS ETF -ETFS- USD in pounds, annualised from weekly returns to 13/11/2026: 5.9% over 1 year. Largest fall in the price of Global Sukuk UCITS ETF -ETFS- USD since January 2025, in pounds: −9.5% from 17/01/2025 to 23/10/2026. On 13/11/2026 the price of Global Sukuk UCITS ETF -ETFS- USD was 8.4% below its highest weekly close since January 2025 (17/01/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Global Sukuk UCITS ETF -ETFS- USD 0.37% a year. Compared on 14/11/2026, 112 of the 427 other corporate and other bond funds charge more, 2 the same and 313 less (share classes counted once). ## Funds tracking the same index 3 funds track FTSE IdealRatings Sukuk Index, this one included and share classes counted once; their ongoing charges range from 0.37% to 0.38% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Global Sukuk UCITS ETF -ETFS- USD (this fund) | 0.37% | -1.2% | — | — | | Global Sukuk UCITS ETF Accum -CH- GBP | 0.38% | — | — | — | | HSBC Global Funds ICAV - Global Sukuk UCITS ETF Accum Shs -ETFC- USD | 0.37% | -1.7% | -0.3% | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.37%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of HSKD?** The ongoing charge of HSKD is 0.37% a year — about £37 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Global Sukuk UCITS ETF -ETFS- USD 0.37% a year. Compared on 14/11/2026, 112 of the 427 other corporate and other bond funds charge more, 2 the same and 313 less (share classes counted once). **What does HSKD track?** HSKD tracks the FTSE IdealRatings Sukuk Index. **Is HSKD accumulating or distributing?** HSKD is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual. **What is the ISIN of HSKD?** The ISIN of HSKD is IE0009U8IBU8. An ISIN identifies one exact share class of a fund; HSKD is its ticker on the London Stock Exchange. **What were HSKD’s returns in each of the last five years?** Calendar-year returns of HSKD in pounds (price only, income paid out not included): 2026 to 13/11/2026 −4.4%. Past performance is not a guide to future returns. **How has HSKD done after inflation?** Over the year to 13/11/2026 HSKD’s total return was −1.2%, or −4.7% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at HSBC Asset Management](https://www.assetmanagement.hsbc.co.uk/en/individual-investor/funds/ie0009u8ibu8) - [Key investor information document (KIID)](https://www.assetmanagement.hsbc.co.uk/api/v1/download/document/ie0009u8ibu8/gb/en/kiid) - [Factsheet](https://www.assetmanagement.hsbc.co.uk/api/v1/download/document/ie0009u8ibu8/gb/en/factsheet) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.