DRDR.L vs. HMWO.L
Compare and contrast key facts about iShares Healthcare Innovation UCITS ETF USD (Acc) (DRDR.L) and HSBC MSCI World UCITS ETF (HMWO.L).
DRDR.L and HMWO.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DRDR.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Sep 8, 2016. HMWO.L is a passively managed fund by HSBC that tracks the performance of the MSCI ACWI NR USD. It was launched on Dec 8, 2010. Both DRDR.L and HMWO.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
DRDR.L vs. HMWO.L - Performance Comparison
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DRDR.L vs. HMWO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRDR.L iShares Healthcare Innovation UCITS ETF USD (Acc) | -1.08% | 10.25% | 2.62% | -2.51% | -14.93% | -5.21% | 48.69% | 8.88% | 2.12% | 23.69% |
HMWO.L HSBC MSCI World UCITS ETF | -1.36% | 12.63% | 21.17% | 17.80% | -8.47% | 23.98% | 12.48% | 23.41% | -3.61% | 12.05% |
Returns By Period
In the year-to-date period, DRDR.L achieves a -1.08% return, which is significantly higher than HMWO.L's -1.36% return.
DRDR.L
- 1D
- 2.12%
- 1M
- -2.50%
- YTD
- -1.08%
- 6M
- 6.58%
- 1Y
- 16.41%
- 3Y*
- 3.79%
- 5Y*
- -1.59%
- 10Y*
- —
HMWO.L
- 1D
- 1.90%
- 1M
- -3.32%
- YTD
- -1.36%
- 6M
- 2.24%
- 1Y
- 16.86%
- 3Y*
- 14.82%
- 5Y*
- 11.42%
- 10Y*
- 13.02%
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DRDR.L vs. HMWO.L - Expense Ratio Comparison
DRDR.L has a 0.40% expense ratio, which is higher than HMWO.L's 0.15% expense ratio.
Return for Risk
DRDR.L vs. HMWO.L — Risk / Return Rank
DRDR.L
HMWO.L
DRDR.L vs. HMWO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Healthcare Innovation UCITS ETF USD (Acc) (DRDR.L) and HSBC MSCI World UCITS ETF (HMWO.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| DRDR.L | HMWO.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.95 | 1.16 | -0.21 |
Sortino ratioReturn per unit of downside risk | 1.38 | 1.65 | -0.27 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.24 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.60 | 2.57 | -0.97 |
Martin ratioReturn relative to average drawdown | 4.80 | 9.39 | -4.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DRDR.L | HMWO.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 1.16 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 0.86 | -0.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.81 | -0.47 |
Correlation
The correlation between DRDR.L and HMWO.L is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
DRDR.L vs. HMWO.L - Dividend Comparison
DRDR.L has not paid dividends to shareholders, while HMWO.L's dividend yield for the trailing twelve months is around 1.28%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRDR.L iShares Healthcare Innovation UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HMWO.L HSBC MSCI World UCITS ETF | 1.28% | 1.26% | 1.41% | 1.60% | 1.75% | 1.27% | 1.55% | 1.97% | 2.11% | 1.91% | 1.84% | 1.86% |
Drawdowns
DRDR.L vs. HMWO.L - Drawdown Comparison
The maximum DRDR.L drawdown since its inception was -38.49%, which is greater than HMWO.L's maximum drawdown of -25.48%. Use the drawdown chart below to compare losses from any high point for DRDR.L and HMWO.L.
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Drawdown Indicators
| DRDR.L | HMWO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.49% | -25.48% | -13.01% |
Max Drawdown (1Y)Largest decline over 1 year | -11.00% | -10.56% | -0.44% |
Max Drawdown (5Y)Largest decline over 5 years | -35.81% | -18.80% | -17.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.48% | — |
Current DrawdownCurrent decline from peak | -18.61% | -3.58% | -15.03% |
Average DrawdownAverage peak-to-trough decline | -15.08% | -3.55% | -11.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.66% | 1.79% | +1.87% |
Volatility
DRDR.L vs. HMWO.L - Volatility Comparison
iShares Healthcare Innovation UCITS ETF USD (Acc) (DRDR.L) has a higher volatility of 5.50% compared to HSBC MSCI World UCITS ETF (HMWO.L) at 4.34%. This indicates that DRDR.L's price experiences larger fluctuations and is considered to be riskier than HMWO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRDR.L | HMWO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.50% | 4.34% | +1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 10.96% | 8.23% | +2.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.17% | 14.49% | +2.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.63% | 13.33% | +4.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.60% | 14.44% | +4.16% |