HICL.L vs. HMWO.L
Compare and contrast key facts about HICL Infrastructure Company Ltd (HICL.L) and HSBC MSCI World UCITS ETF (HMWO.L).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HICL.L or HMWO.L.
Key characteristics
| HICL.L | HMWO.L | |
|---|---|---|
| YTD Return | -0.33% | 12.52% |
| 1Y Return | 11.49% | 18.19% |
| 3Y Return (Ann) | -3.43% | 9.08% |
| 5Y Return (Ann) | 0.36% | 11.33% |
| 10Y Return (Ann) | 4.08% | 12.05% |
| Sharpe Ratio | 0.69 | 1.79 |
| Daily Std Dev | 18.87% | 10.47% |
| Max Drawdown | -31.03% | -25.48% |
| Current Drawdown | -17.46% | -0.93% |
Correlation
The correlation between HICL.L and HMWO.L is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HICL.L vs. HMWO.L - Performance Comparison
In the year-to-date period, HICL.L achieves a -0.33% return, which is significantly lower than HMWO.L's 12.52% return. Over the past 10 years, HICL.L has underperformed HMWO.L with an annualized return of 4.08%, while HMWO.L has yielded a comparatively higher 12.05% annualized 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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Risk-Adjusted Performance
HICL.L vs. HMWO.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HICL Infrastructure Company Ltd (HICL.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
HICL.L vs. HMWO.L - Dividend Comparison
HICL.L's dividend yield for the trailing twelve months is around 6.28%, more than HMWO.L's 1.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HICL.L HICL Infrastructure Company Ltd | 6.28% | 5.95% | 5.01% | 4.67% | 4.74% | 4.78% | 5.04% | 3.67% | 4.59% | 3.72% | 4.73% | 5.26% |
HMWO.L HSBC MSCI World UCITS ETF | 1.51% | 1.60% | 1.75% | 1.27% | 1.55% | 1.97% | 2.11% | 1.91% | 1.84% | 1.86% | 1.72% | 1.95% |
Drawdowns
HICL.L vs. HMWO.L - Drawdown Comparison
The maximum HICL.L drawdown since its inception was -31.03%, 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 HICL.L and HMWO.L. For additional features, visit the drawdowns tool.
Volatility
HICL.L vs. HMWO.L - Volatility Comparison
HICL Infrastructure Company Ltd (HICL.L) has a higher volatility of 6.01% compared to HSBC MSCI World UCITS ETF (HMWO.L) at 4.04%. This indicates that HICL.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.