Financials · Shares inside your ETFs
HSBC in your ETF: how much you own, and the share price
HSBC is the largest company in the FTSE 100, so a UK index fund puts about a tenth of your money into this one bank. Here’s its share price, its dividend, and how much of it sits inside the ETFs UK investors can buy.
By The Off-Duty Economist Last reviewed Fund holdings to 31 August 2026
The short version
- HSBC was the largest holding in every FTSE 100 ETF at the end of August 2026, at about 10%. So £1,000 in a FTSE 100 ETF puts about £100 into HSBC.
- Other UK funds hold about 9% to 11%. A world financials ETF holds about 2.4%, and a global index fund about a third of 1%.
- HSBC declares its dividend in US dollars: $0.75 a share for 2025. UK shareholders are paid in pounds.
- Dividends can be cut: in 2020 HSBC cancelled one at the Bank of England's request.
Part of Shares inside your ETFs, which covers one company from each of the 11 stock market sectors. New to funds? Start with what an ETF is.
- 10%of a FTSE 100 ETF is HSBC, its largest holding (31 August 2026)
- £100of every £1,000 in a FTSE 100 ETF goes into HSBC
- $0.75dividend per share for 2025, declared in US dollars
HSBC's share price today
HSBC’s primary listing is on the London Stock Exchange under the ticker HSBA, so the price is in pence. It’s also listed in Hong Kong, New York and Bermuda.
HSBC Holdings (HSBA) live share price
The live chart comes from TradingView. It only loads if you ask for it, because TradingView may set cookies on your device. How this works
Your choice is remembered on this device. Prices are in pence (GBX).
Which ETFs hold HSBC?
Every fund that tracks the UK stock market holds HSBC, and because it’s the biggest UK company it’s the biggest holding in each. The table shows 11 ETFs that UK investors can buy on the London Stock Exchange, with HSBC’s share of each.
It’s a list of which funds hold HSBC and how much, not a list of funds to buy. Each fund’s name links to its full profile.
| Fund | What it tracks | London tickers | HSBC's share | HSBC in every £1,000 | Yearly charge | Fund size |
|---|---|---|---|---|---|---|
| iShares MSCI UK UCITS ETF (Acc) | MSCI United Kingdom (large and mid-sized UK companies) | CSUK | 11.02% | £110 | 0.33% | £116m |
| Xtrackers FTSE 100 Income UCITS ETF 1D | FTSE 100 | XUKX | 10.20% | £102 | 0.09% | £84m |
| HSBC FTSE 100 UCITS ETF | FTSE 100 | HUKX | 10.19% | £102 | 0.07% | £861m |
| iShares Core FTSE 100 UCITS ETF (Dist) | FTSE 100 | ISF | 10.07% | £101 | 0.07% | £16.2bn |
| Vanguard FTSE 100 UCITS ETF (GBP) Distributing | FTSE 100 | VUKE | 10.04% | £100 | 0.09% | £4.6bn |
| Amundi UK Equity All Cap UCITS ETF Dist | Morningstar UK (large, mid-sized and small UK companies) | LCUK | 9.51% | £95 | 0.04% | £955m |
| SPDR FTSE UK All Share UCITS ETF (Acc) | FTSE All-Share (about 500 UK companies) | FTAL | 8.95% | £90 | 0.20% | £389m |
| SPDR MSCI World Financials UCITS ETF | Financial companies in the MSCI World | FNCW / WFIN | 2.35% | £24 | 0.30% | £294m |
| Xtrackers MSCI World Financials UCITS ETF 1C | Financial companies in the MSCI World | XWFS / XDWF | 2.35% | £24 | 0.25% | £1.1bn |
| iShares Core MSCI World UCITS ETF USD (Acc) | MSCI World (developed markets) | SWDA / IWDA | 0.35% | £4 | 0.20% | £112.8bn |
| Vanguard FTSE All-World UCITS ETF (USD) Distributing | FTSE All-World (developed and emerging markets) | VWRL / VWRD | 0.33% | £3 | 0.14% | £20.5bn |
Holdings are as at 31 August 2026 (28 August for HSBC FTSE 100 and 25 August for Amundi UK Equity All Cap). The iShares Core MSCI World figure is from iShares’ full holdings list on 13 October 2026, and the Vanguard FTSE All-World figure from Vanguard’s holdings data at 31 August 2026. The accumulating versions of the iShares and Vanguard FTSE 100 funds (tickers CUKX and VUKG) hold the same. Fund sizes are in pounds. Where a fund has two London tickers, the first is priced in pounds or pence and the second in US dollars.
HSBC is about a tenth of a FTSE 100 ETF, but about a third of 1% of a world ETF
HSBC's share of each fund's holdings
- UK index funds
- World financials funds
- Global index funds
Source: fund holdings from justETF, plus fund providers' full holdings lists where shown in the sources, consulted 14 October 2026. Holdings as at 31 August 2026 (28 August for HSBC FTSE 100, 25 August for Amundi UK Equity All Cap, 13 October for iShares Core MSCI World). Weights change every day. Chart: Invest in ETFs.
Show the data
| Fund (ticker) | HSBC's share | In every £1,000 | Holdings as at |
|---|---|---|---|
| iShares MSCI UK (CSUK) | 11.02% | £110 | 31 Aug 2026 |
| Xtrackers FTSE 100 (XUKX) | 10.20% | £102 | 31 Aug 2026 |
| HSBC FTSE 100 (HUKX) | 10.19% | £102 | 28 Aug 2026 |
| iShares Core FTSE 100 (ISF) | 10.07% | £101 | 31 Aug 2026 |
| Vanguard FTSE 100 (VUKE) | 10.04% | £100 | 31 Aug 2026 |
| Amundi UK Equity All Cap (LCUK) | 9.51% | £95 | 25 Aug 2026 |
| SPDR FTSE UK All Share (FTAL) | 8.95% | £90 | 31 Aug 2026 |
| SPDR World Financials (FNCW) | 2.35% | £24 | 31 Aug 2026 |
| Xtrackers World Financials (XWFS) | 2.35% | £24 | 31 Aug 2026 |
| iShares Core MSCI World (SWDA) | 0.35% | £4 | 13 Oct 2026 |
| Vanguard FTSE All-World (VWRL) | 0.33% | £3 | 31 Aug 2026 |
That makes a UK index fund much more concentrated than a world one. In each FTSE 100 ETF, HSBC alone was about a tenth of the fund, and the 10 largest companies together, led by HSBC, Shell and AstraZeneca, were nearly half of it. In a world fund HSBC was still the largest UK company, but only around 35th overall.
This page is about HSBC’s own shares inside index funds. It isn’t about the ETFs that HSBC Asset Management runs, which hold many different companies.
Why HSBC is a tenth of a UK index fund
An index fund holds each company in proportion to its size on the stock market, counting only the shares that are freely traded. On 30 September 2026 FTSE Russell valued HSBC’s freely traded shares at about £257 billion, which made it 10.20% of the FTSE 100: the largest company in the index.
That’s a lot to have in one company. If HSBC’s shares fell by a fifth, that alone would take about 2% off a FTSE 100 ETF. In a world fund, the same fall would take off less than 0.1%.
The weight moves with the share price every day. iShares’ own holdings list put HSBC at 9.62% of its FTSE 100 ETF on 13 October 2026, against 10.07% at the end of August.
HSBC's dividend
HSBC declares its dividends in US dollars. Shareholders on the UK register automatically receive them in pounds.
For 2025 it paid $0.75 a share, including a fourth interim dividend of $0.45. Using the sterling amounts in HSBC’s dividend timetable, the four payments for 2025 came to about 55.5p a share in pounds. For 2024 it paid $0.87, which included a special dividend of $0.21.
Dividends aren’t guaranteed. On 31 March 2020, early in the pandemic, HSBC cancelled a dividend of $0.21 a share that was due to be paid on 14 April, after a written request from the Bank of England through the Prudential Regulation Authority. It also said it would make no dividend payments until the end of 2020.
Inside a FTSE 100 ETF, HSBC’s dividends are pooled with those of about 100 other companies and then paid out, or reinvested in an accumulating fund. So when one company cuts its dividend, the fund’s income falls by much less than a direct shareholder’s would.
Where HSBC's shares trade
HSBC Holdings plc is incorporated in England and Wales. Its primary listing is on the London Stock Exchange, where its shares trade under the ticker HSBA and are priced in pence. It also has listings in Hong Kong (stock code 5) and Bermuda, and in New York, where it trades as American Depositary Shares in dollars, each representing five ordinary shares.
Wherever they trade, they’re shares in the same company. HSBC says its total shareholder return for 2025, counting dividends, was more than 57%, with the share price up more than 49%. One strong year says nothing about the next.
HSBC and the Financials sector
Financials covers banks, insurers, asset managers, stock exchanges and financial data providers, and, since 2023, payment companies such as Visa and Mastercard. It’s the biggest sector in the FTSE 100: 26.4% of a FTSE 100 ETF on 13 October 2026, against 15.5% of a world ETF and 11.5% of an S&P 500 ETF, using GICS sectors. On iShares’ figures for that day, HSBC alone was more than a third of the FTSE 100’s financials.
HSBC is one company in our series picking one share from each of the 11 stock market sectors. See all 11 sectors and what each one covers.
HSBC shares or an ETF that holds HSBC?
You can own HSBC directly, by buying its shares, or indirectly, through a fund. Here’s how the two compare for a UK investor, using a FTSE 100 ETF as the example.
| HSBC shares | A FTSE 100 ETF | |
|---|---|---|
| What you own | Part of one bank | Part of about 100 UK companies, with HSBC about 10% |
| If HSBC's shares fell by a fifth | Your holding falls by a fifth | HSBC's fall alone takes about 2% off the fund |
| Where it trades | London Stock Exchange, in pence | London Stock Exchange, in pounds or pence |
| Stamp duty | 0.5% stamp duty reserve tax when you buy UK shares electronically | None on ETFs (what an ETF costs) |
| Dividends | Declared in dollars, paid in pounds to UK shareholders | Dividends from about 100 companies, paid out or reinvested |
| In a stocks and shares ISA | Yes | Yes |
| Yearly cost of holding | No fund charge; platform fees may apply | From 0.07% a year, plus platform fees |
If you own HSBC shares directly, the dividend is set in dollars, so changes in the exchange rate affect what you receive in pounds.
Common questions
- Why is HSBC so big in a FTSE 100 ETF?
- Because it’s the biggest company in the index. An index fund holds each company in proportion to its stock market value, and HSBC was 10.20% of the FTSE 100 on 30 September 2026.
- Does HSBC pay a dividend?
- Yes, though dividends can be cut, as in 2020. It paid $0.75 a share for 2025. Dividends are declared in US dollars, and shareholders on the UK register receive them in pounds.
- Is HSBC a UK or a Hong Kong company?
- HSBC Holdings plc is incorporated in England and Wales, with its primary listing in London. It also has a listing in Hong Kong, as well as in New York and Bermuda.
- Which ETFs hold the most HSBC?
- Of the funds above, the UK funds: about 10% to 11% for the FTSE 100 and MSCI UK funds, and 9% to 9.5% for the wider funds that include smaller companies. A world financials fund holds about 2.4% and a global index fund about 0.3%.
- Can HSBC shares go in an ISA?
- Yes. Shares count for a stocks and shares ISA if they’re officially listed on a recognised stock exchange, and the London Stock Exchange is one. The ETFs in the table can go in an ISA too.
Before you rely on this page
Sources
- justETF fund profiles for the funds in the table, linked from each fund's name. Consulted 14 October 2026; holdings as at the dates given. Plus iShares' full holdings lists for the Core FTSE 100 and Core MSCI World ETFs (13 October 2026), and Vanguard's holdings data for the FTSE All-World ETF (31 August 2026).
- FTSE Russell, FTSE 100 Index factsheet, data as at 30 September 2026
- HSBC Holdings plc, Annual Report and Accounts 2025 (incorporation, listings, total shareholder return), annual results 2025, shareholder information, investor FAQs and dividend timetable
- HSBC Holdings plc, statement on dividends, 31 March 2020
- Sector weights of the iShares Core S&P 500, Core MSCI World and Core FTSE 100 ETFs, BlackRock, as of 13 October 2026
- HM Revenue & Customs, stocks and shares investments for ISA managers; GOV.UK, tax when you buy shares
Sources checked 14 October 2026. Live prices from TradingView.