GIN.L vs. HMWO.L
Compare and contrast key facts about SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (GIN.L) and HSBC MSCI World UCITS ETF (HMWO.L).
GIN.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. GIN.L is a passively managed fund by State Street that tracks the performance of the Morningstar EAA USD Mod Tgt Alloc NR USD. It was launched on Apr 14, 2015. 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 GIN.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GIN.L or HMWO.L.
Key characteristics
| GIN.L | HMWO.L | |
|---|---|---|
| YTD Return | 2.95% | 20.39% |
| 1Y Return | 7.84% | 26.50% |
| 3Y Return (Ann) | 0.22% | 9.09% |
| 5Y Return (Ann) | 2.17% | 12.82% |
| Sharpe Ratio | 0.80 | 2.54 |
| Sortino Ratio | 1.22 | 3.56 |
| Omega Ratio | 1.14 | 1.49 |
| Calmar Ratio | 0.72 | 4.04 |
| Martin Ratio | 4.27 | 18.32 |
| Ulcer Index | 1.64% | 1.40% |
| Daily Std Dev | 8.77% | 10.06% |
| Max Drawdown | -15.71% | -25.48% |
| Current Drawdown | -2.67% | 0.00% |
Correlation
The correlation between GIN.L and HMWO.L is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GIN.L vs. HMWO.L - Performance Comparison
In the year-to-date period, GIN.L achieves a 2.95% return, which is significantly lower than HMWO.L's 20.39% 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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GIN.L vs. HMWO.L - Expense Ratio Comparison
GIN.L has a 0.40% expense ratio, which is higher than HMWO.L's 0.15% expense ratio.
Risk-Adjusted Performance
GIN.L vs. HMWO.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (GIN.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.
Dividends
GIN.L vs. HMWO.L - Dividend Comparison
GIN.L 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIN.L SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF | 0.00% | 2.80% | 2.47% | 87.23% | 2.23% | 2.37% | 2.16% | 2.30% | 2.17% | 1.81% | 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
GIN.L vs. HMWO.L - Drawdown Comparison
The maximum GIN.L drawdown since its inception was -15.71%, smaller than the maximum HMWO.L drawdown of -25.48%. Use the drawdown chart below to compare losses from any high point for GIN.L and HMWO.L. For additional features, visit the drawdowns tool.
Volatility
GIN.L vs. HMWO.L - Volatility Comparison
The current volatility for SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (GIN.L) is 2.44%, while HSBC MSCI World UCITS ETF (HMWO.L) has a volatility of 2.93%. This indicates that GIN.L experiences smaller price fluctuations and is considered to be less risky than HMWO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.