HIWS.L vs. MWOZ.L

Last updated Apr 2, 2026

Compare and contrast key facts about HSBC MSCI World Islamic Screened UCITS ETF USD Acc (HIWS.L) and Amundi Prime Global UCITS ETF Dist (MWOZ.L).

HIWS.L and MWOZ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HIWS.L is a passively managed fund by HSBC that tracks the performance of the MSCI World Islamic Universal Screened Select Index. It was launched on Dec 9, 2022. MWOZ.L is a passively managed fund by Amundi that tracks the performance of the Solactive GBS Developed Markets Large & Mid Cap Index. It was launched on Nov 22, 2024. Both HIWS.L and MWOZ.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

HIWS.L vs. MWOZ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in HSBC MSCI World Islamic Screened UCITS ETF USD Acc (HIWS.L) and Amundi Prime Global UCITS ETF Dist (MWOZ.L). The values are adjusted to include any dividend payments, if applicable.

HIWS.L vs. MWOZ.L - Yearly Performance Comparison

	2026 (YTD)	2025
HIWS.L HSBC MSCI World Islamic Screened UCITS ETF USD Acc	1.03%	9.54%
MWOZ.L Amundi Prime Global UCITS ETF Dist	-2.67%	6.59%

Returns By Period

In the year-to-date period, HIWS.L achieves a 1.03% return, which is significantly higher than MWOZ.L's -2.67% return.

HIWS.L

• 1D: 2.08%
• 1M: -3.77%
• YTD: 1.03%
• 6M: 6.42%
• 1Y: 23.00%
• 3Y*: 11.47%
• 5Y*: —
• 10Y*: —

MWOZ.L

• 1D: 1.91%
• 1M: -3.40%
• YTD: -2.67%
• 6M: 0.93%
• 1Y: 15.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HIWS.L vs. MWOZ.L - Expense Ratio Comparison

HIWS.L has a 0.30% expense ratio, which is higher than MWOZ.L's 0.05% expense ratio.

HIWS.L

HSBC MSCI World Islamic Screened UCITS ETF USD Acc

MWOZ.L

Amundi Prime Global UCITS ETF Dist

Return for Risk

HIWS.L vs. MWOZ.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HIWS.L

HIWS.L Risk / Return Rank: 79
HIWS.L Sharpe Ratio Rank: 75
HIWS.L Sortino Ratio Rank: 76
HIWS.L Omega Ratio Rank: 70
HIWS.L Calmar Ratio Rank: 88
HIWS.L Martin Ratio Rank: 85

MWOZ.L

MWOZ.L Risk / Return Rank: 61
MWOZ.L Sharpe Ratio Rank: 58
MWOZ.L Sortino Ratio Rank: 56
MWOZ.L Omega Ratio Rank: 57
MWOZ.L Calmar Ratio Rank: 68
MWOZ.L Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HIWS.L vs. MWOZ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI World Islamic Screened UCITS ETF USD Acc (HIWS.L) and Amundi Prime Global UCITS ETF Dist (MWOZ.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.

	HIWS.L	MWOZ.L	Difference
Sharpe ratio Return per unit of total volatility	1.44	1.10	+0.34
Sortino ratio Return per unit of downside risk	2.05	1.56	+0.49
Omega ratio Gain probability vs. loss probability	1.28	1.23	+0.05
Calmar ratio Return relative to maximum drawdown	3.17	2.03	+1.14
Martin ratio Return relative to average drawdown	11.20	7.65	+3.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HIWS.L vs. MWOZ.L - Sharpe Ratio Comparison

The current HIWS.L Sharpe Ratio is 1.44, which is higher than the MWOZ.L Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of HIWS.L and MWOZ.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HIWS.L	MWOZ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	1.10	+0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.22	+0.60

Correlation

The correlation between HIWS.L and MWOZ.L is 0.87, 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

HIWS.L vs. MWOZ.L - Dividend Comparison

Neither HIWS.L nor MWOZ.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

HIWS.L vs. MWOZ.L - Drawdown Comparison

The maximum HIWS.L drawdown since its inception was -21.14%, which is greater than MWOZ.L's maximum drawdown of -19.89%. Use the drawdown chart below to compare losses from any high point for HIWS.L and MWOZ.L.

Drawdown Indicators

	HIWS.L	MWOZ.L	Difference
Max Drawdown Largest peak-to-trough decline	-21.14%	-19.89%	-1.25%
Max Drawdown (1Y) Largest decline over 1 year	-9.56%	-10.42%	+0.86%
Current Drawdown Current decline from peak	-4.34%	-4.87%	+0.53%
Average Drawdown Average peak-to-trough decline	-2.88%	-4.41%	+1.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	2.07%	+0.01%

Volatility

HIWS.L vs. MWOZ.L - Volatility Comparison

HSBC MSCI World Islamic Screened UCITS ETF USD Acc (HIWS.L) has a higher volatility of 5.03% compared to Amundi Prime Global UCITS ETF Dist (MWOZ.L) at 4.30%. This indicates that HIWS.L's price experiences larger fluctuations and is considered to be riskier than MWOZ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIWS.L	MWOZ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.03%	4.30%	+0.73%
Volatility (6M) Calculated over the trailing 6-month period	10.06%	8.28%	+1.78%
Volatility (1Y) Calculated over the trailing 1-year period	15.94%	14.34%	+1.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.63%	14.60%	-0.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.63%	14.60%	-0.97%