HMWO.L vs. FWRG
Compare and contrast key facts about HSBC MSCI World UCITS ETF (HMWO.L) and First Watch Restaurant Group, Inc. (FWRG).
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: HMWO.L or FWRG.
Key characteristics
| HMWO.L | FWRG | |
|---|---|---|
| YTD Return | 19.84% | 6.57% |
| 1Y Return | 26.90% | 26.52% |
| 3Y Return (Ann) | 8.94% | 2.22% |
| Sharpe Ratio | 2.62 | 0.65 |
| Sortino Ratio | 3.66 | 1.18 |
| Omega Ratio | 1.50 | 1.15 |
| Calmar Ratio | 4.17 | 0.59 |
| Martin Ratio | 18.88 | 1.12 |
| Ulcer Index | 1.40% | 25.18% |
| Daily Std Dev | 10.08% | 43.32% |
| Max Drawdown | -25.48% | -47.88% |
| Current Drawdown | 0.00% | -16.07% |
Correlation
The correlation between HMWO.L and FWRG is 0.31, 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
HMWO.L vs. FWRG - Performance Comparison
In the year-to-date period, HMWO.L achieves a 19.84% return, which is significantly higher than FWRG's 6.57% 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
HMWO.L vs. FWRG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI World UCITS ETF (HMWO.L) and First Watch Restaurant Group, Inc. (FWRG). 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
HMWO.L vs. FWRG - Dividend Comparison
HMWO.L's dividend yield for the trailing twelve months is around 1.42%, while FWRG has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FWRG First Watch Restaurant Group, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HMWO.L vs. FWRG - Drawdown Comparison
The maximum HMWO.L drawdown since its inception was -25.48%, smaller than the maximum FWRG drawdown of -47.88%. Use the drawdown chart below to compare losses from any high point for HMWO.L and FWRG. For additional features, visit the drawdowns tool.
Volatility
HMWO.L vs. FWRG - Volatility Comparison
The current volatility for HSBC MSCI World UCITS ETF (HMWO.L) is 2.91%, while First Watch Restaurant Group, Inc. (FWRG) has a volatility of 17.23%. This indicates that HMWO.L experiences smaller price fluctuations and is considered to be less risky than FWRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.