FWIA.DE vs. HMWO.L
Compare and contrast key facts about Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) and HSBC MSCI World UCITS ETF (HMWO.L).
FWIA.DE 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. FWIA.DE is a passively managed fund by Invesco that tracks the performance of the FTSE All-World. It was launched on Jun 26, 2023. 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 FWIA.DE 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWIA.DE or HMWO.L.
Key characteristics
| FWIA.DE | HMWO.L | |
|---|---|---|
| YTD Return | 23.92% | 20.09% |
| 1Y Return | 30.92% | 26.69% |
| Sharpe Ratio | 2.70 | 2.59 |
| Sortino Ratio | 3.68 | 3.63 |
| Omega Ratio | 1.56 | 1.50 |
| Calmar Ratio | 3.86 | 4.13 |
| Martin Ratio | 18.35 | 18.71 |
| Ulcer Index | 1.65% | 1.40% |
| Daily Std Dev | 11.19% | 10.07% |
| Max Drawdown | -7.83% | -25.48% |
| Current Drawdown | -0.65% | 0.00% |
Correlation
The correlation between FWIA.DE and HMWO.L is 0.93, 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.
Performance
FWIA.DE vs. HMWO.L - Performance Comparison
In the year-to-date period, FWIA.DE achieves a 23.92% return, which is significantly higher than HMWO.L's 20.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FWIA.DE vs. HMWO.L - Expense Ratio Comparison
Both FWIA.DE and HMWO.L have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
FWIA.DE vs. HMWO.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) 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.
Dividends
FWIA.DE vs. HMWO.L - Dividend Comparison
FWIA.DE has not paid dividends to shareholders, while HMWO.L's dividend yield for the trailing twelve months is around 1.42%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FWIA.DE Invesco FTSE All-World UCITS ETF 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 | 1.42% | 1.60% | 1.75% | 1.27% | 1.55% | 1.97% | 2.11% | 1.91% | 1.84% | 1.86% | 1.72% | 1.95% |
Drawdowns
FWIA.DE vs. HMWO.L - Drawdown Comparison
The maximum FWIA.DE drawdown since its inception was -7.83%, smaller than the maximum HMWO.L drawdown of -25.48%. Use the drawdown chart below to compare losses from any high point for FWIA.DE and HMWO.L. For additional features, visit the drawdowns tool.
Volatility
FWIA.DE vs. HMWO.L - Volatility Comparison
Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) has a higher volatility of 3.40% compared to HSBC MSCI World UCITS ETF (HMWO.L) at 2.97%. This indicates that FWIA.DE'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.