HSWD.L vs. KSTR.L
HSWD.L (HSBC Developed World Screened Equity UCITS ETF) and KSTR.L (KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF) are both Global Equities funds - HSWD.L tracks the HSBC Developed World Screened Equity UCITS ETF while KSTR.L tracks the KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF. Both are passively managed. Over the past 5 years, HSWD.L returned 11.43%/yr vs -0.22%/yr for KSTR.L. At a 0.26 correlation, their price movements are largely independent. HSWD.L charges 0.18%/yr vs 0.82%/yr for KSTR.L.
Performance
HSWD.L vs. KSTR.L - Performance Comparison
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Returns By Period
In the year-to-date period, HSWD.L achieves a 12.86% return, which is significantly lower than KSTR.L's 41.53% return.
HSWD.L
- 1D
- -0.07%
- 1M
- -0.43%
- 6M
- 12.22%
- YTD
- 12.86%
- 1Y
- 26.96%
- 3Y*
- 19.12%
- 5Y*
- 11.43%
- 10Y*
- —
KSTR.L
- 1D
- -4.62%
- 1M
- 3.52%
- 6M
- 25.64%
- YTD
- 41.53%
- 1Y
- 93.56%
- 3Y*
- 21.29%
- 5Y*
- -0.22%
- 10Y*
- —
HSWD.L vs. KSTR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HSWD.L HSBC Developed World Screened Equity UCITS ETF | 12.86% | 23.75% | 14.96% | 20.26% | -16.99% | 8.83% |
KSTR.L KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF | 41.53% | 42.76% | 5.23% | -18.80% | -38.16% | 2.78% |
Correlation
The correlation between HSWD.L and KSTR.L is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since May 26, 2021 | 0.26 |
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Return for Risk
HSWD.L vs. KSTR.L — Risk / Return Rank
HSWD.L
KSTR.L
HSWD.L vs. KSTR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Developed World Screened Equity UCITS ETF (HSWD.L) and KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF (KSTR.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.
| HSWD.L | KSTR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.38 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 4.76 | -1.60 |
| Martin ratioReturn relative to average drawdown | 12.64 | 12.21 | +0.44 |
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Drawdowns
HSWD.L vs. KSTR.L - Drawdown Comparison
The maximum HSWD.L drawdown since its inception was -26.20%, smaller than the maximum KSTR.L drawdown of -66.67%. Use the drawdown chart below to compare losses from any high point for HSWD.L and KSTR.L.
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Drawdown Indicators
| HSWD.L | KSTR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.20% | -66.67% | +40.47% |
Max Drawdown (1Y)Largest decline over 1 year | -8.52% | -19.42% | +10.90% |
Max Drawdown (3Y)Largest decline over 3 years | -16.28% | -36.60% | +20.32% |
Max Drawdown (5Y)Largest decline over 5 years | -26.20% | -66.38% | +40.18% |
Current DrawdownCurrent decline from peak | -0.60% | -18.75% | +18.15% |
Average DrawdownAverage peak-to-trough decline | -5.03% | -39.83% | +34.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 7.58% | -5.44% |
Volatility
HSWD.L vs. KSTR.L - Volatility Comparison
The current volatility for HSBC Developed World Screened Equity UCITS ETF (HSWD.L) is 2.93%, while KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF (KSTR.L) has a volatility of 19.20%. This indicates that HSWD.L experiences smaller price fluctuations and is considered to be less risky than KSTR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSWD.L | KSTR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.93% | 19.20% | -16.27% |
Volatility (6M)Calculated over the trailing 6-month period | 10.08% | 33.48% | -23.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.05% | 40.57% | -28.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.96% | 34.52% | -19.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.86% | 34.46% | -19.60% |
HSWD.L vs. KSTR.L - Expense Ratio Comparison
HSWD.L has a 0.18% expense ratio, which is lower than KSTR.L's 0.82% expense ratio.
Dividends
HSWD.L vs. KSTR.L - Dividend Comparison
Neither HSWD.L nor KSTR.L has paid dividends to shareholders.
Frequently Asked Questions
HSWD.L and KSTR.L have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HSWD.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HSWD.L is cheaper with a 0.18% expense ratio, compared with 0.82% for KSTR.L.
HSWD.L tracks HSBC Developed World Screened Equity UCITS ETF, while KSTR.L tracks KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF. They also come from different issuers: HSBC and KraneShares. Their fees differ too: 0.18% for HSWD.L and 0.82% for KSTR.L.
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