HIUS.L vs. FSWD.L
HIUS.L (HSBC MSCI USA Islamic Screened UCITS ETF USD Accumulating) and FSWD.L (iShares STOXX World Equity Multifactor UCITS ETF USD (Acc)) are both exchange-traded funds - HIUS.L is a Large Cap Blend Equities fund tracking the MSCI USA Islamic ESG Universal Screened Select Index, while FSWD.L is a Global Equities fund tracking the STOXX Developed World Equity Factor Screened Net Index. Both are passively managed. Over the past 3 years, HIUS.L returned 16.44%/yr vs 18.45%/yr for FSWD.L. A 0.78 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.
Performance
HIUS.L vs. FSWD.L - Performance Comparison
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Different Trading Currencies
HIUS.L is traded in GBP, while FSWD.L is traded in GBp. To make them comparable, the FSWD.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, HIUS.L achieves a 20.37% return, which is significantly higher than FSWD.L's 12.10% return.
HIUS.L
- 1D
- 0.00%
- 1M
- -4.55%
- 6M
- 16.66%
- YTD
- 20.37%
- 1Y
- 34.75%
- 3Y*
- 16.44%
- 5Y*
- —
- 10Y*
- —
FSWD.L
- 1D
- -0.82%
- 1M
- -0.61%
- 6M
- 10.73%
- YTD
- 12.10%
- 1Y
- 24.41%
- 3Y*
- 18.45%
- 5Y*
- 11.68%
- 10Y*
- 11.49%
HIUS.L vs. FSWD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HIUS.L HSBC MSCI USA Islamic Screened UCITS ETF USD Accumulating | 20.37% | 10.31% | 9.54% | 23.06% | -19.02% |
FSWD.L iShares STOXX World Equity Multifactor UCITS ETF USD (Acc) | 12.10% | 17.16% | 18.87% | 9.04% | -3.59% |
Correlation
The correlation between HIUS.L and FSWD.L is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2022 | 0.78 |
The correlation between HIUS.L and FSWD.L shifts across timeframes, from 0.66 (1 year) to 0.78 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HIUS.L vs. FSWD.L — Risk / Return Rank
HIUS.L
FSWD.L
HIUS.L vs. FSWD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI USA Islamic Screened UCITS ETF USD Accumulating (HIUS.L) and iShares STOXX World Equity Multifactor UCITS ETF USD (Acc) (FSWD.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HIUS.L | FSWD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.47 | ||
| Sortino ratioReturn per unit of downside risk | -1.68 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.40 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 4.12 | -2.87 |
| Martin ratioReturn relative to average drawdown | 1.95 | 15.80 | -13.85 |
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Drawdowns
HIUS.L vs. FSWD.L - Drawdown Comparison
The maximum HIUS.L drawdown since its inception was -27.71%, smaller than the maximum FSWD.L drawdown of -37.43%. Use the drawdown chart below to compare losses from any high point for HIUS.L and FSWD.L.
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Drawdown Indicators
| HIUS.L | FSWD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.71% | -37.43% | +9.72% |
Max Drawdown (1Y)Largest decline over 1 year | -27.71% | -5.90% | -21.81% |
Max Drawdown (3Y)Largest decline over 3 years | -27.71% | -19.93% | -7.78% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.93% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.27% | — |
Current DrawdownCurrent decline from peak | -9.60% | -1.42% | -8.18% |
Average DrawdownAverage peak-to-trough decline | -9.80% | -7.38% | -2.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.86% | 1.54% | +16.32% |
Volatility
HIUS.L vs. FSWD.L - Volatility Comparison
HSBC MSCI USA Islamic Screened UCITS ETF USD Accumulating (HIUS.L) has a higher volatility of 7.94% compared to iShares STOXX World Equity Multifactor UCITS ETF USD (Acc) (FSWD.L) at 2.86%. This indicates that HIUS.L's price experiences larger fluctuations and is considered to be riskier than FSWD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIUS.L | FSWD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.94% | 2.86% | +5.08% |
Volatility (6M)Calculated over the trailing 6-month period | 14.36% | 8.36% | +6.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.29% | 10.94% | +34.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.52% | 18.86% | +9.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.52% | 17.40% | +11.12% |
HIUS.L vs. FSWD.L - Expense Ratio Comparison
Both HIUS.L and FSWD.L have an expense ratio of 0.30%.
Dividends
HIUS.L vs. FSWD.L - Dividend Comparison
Neither HIUS.L nor FSWD.L has paid dividends to shareholders.
Frequently Asked Questions
HIUS.L and FSWD.L have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
HIUS.L and FSWD.L have the same expense ratio: 0.30% per year.
HIUS.L is categorized as Large Cap Blend Equities, while FSWD.L is Global Equities. HIUS.L tracks MSCI USA Islamic ESG Universal Screened Select Index, while FSWD.L tracks STOXX Developed World Equity Factor Screened Net Index. They also come from different issuers: HSBC and iShares.
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