Antiviral therapy with oral nucleos(t)ide analogues (NUCs) is recommended by international guidelines for patients with chronic hepatitis B (CHB) who have treatment indications, 1-3 as NUCs are effective in suppressing HBV DNA and reducing the risk of hepatic events and hepatocellular carcinoma (HCC). 4,5 Entecavir (ETV), tenofovir disoproxil fumarate (TDF) and tenofovir alafenamide (TAF) are the 3 recommended NUCs, with high genetic barriers to resistance as well as favorable safety profiles. 1,3,6 In a recent issue of Journal of Hepatology, Kim and co-workers reported the findings of a retrospective cohort study of 2,897 patients with CHB recruited from 4 academic teaching hospitals in South Korea. 7 The authors compared the 5-year cumulative probabilities of HCC and death or liver transplantation in patients with or without compensated cirrhosis who had received ETV and TDF as the first antiviral agent. With several statistical approaches, including propensity score (PS)-matched and inverse probability of treatment weighting analyses, the authors did not demonstrate any difference in HCC incidence nor in other clinical outcomes. 7 The yearly HCC rates were approximately 4.3% and 3.4% for ETV-and TDF-treated patients with compensated cirrhosis (adjusted hazard ratio [aHR] 0.83; 95% CI 0.60-1.13; p = 0.25) and 0.58% and 0.76% for the corresponding patients without cirrhosis (aHR 1.60; 95% CI 0.95-2.71, p = 0.07).This study adds fuel to the heated debate: is TDF better than ETV in terms of risk reduction of HCC? An earlier report from the same country reported different observations. 8 Choi and co-workers showed a significantly lower HCC risk in TDF-treated patients, compared to ETV-treated patients, in a nationwide historical population cohort study of 24,156 previously treatment-naïve patients with CHB (11,464 started with ETV, 12,692 started with TDF), as well as a hospital cohort of 2,701 patients with CHB (1,560 ETV, 1,141 TDF). 8 The authors reported a consistent HCC risk reduction with TDF treatment,