HSWO.L vs. VEVE.L
Compare and contrast key facts about HSBC Developed World Sustainable Equity UCITS ETF USD (HSWO.L) and Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.L).
HSWO.L and VEVE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HSWO.L is a passively managed fund by HSBC that tracks the performance of the MSCI ACWI NR USD. It was launched on Jul 9, 2020. VEVE.L is a passively managed fund by Vanguard that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 30, 2014. Both HSWO.L and VEVE.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSWO.L or VEVE.L.
Key characteristics
| HSWO.L | VEVE.L | |
|---|---|---|
| YTD Return | 15.80% | 18.23% |
| 1Y Return | 21.15% | 25.35% |
| 3Y Return (Ann) | 7.51% | 8.99% |
| Sharpe Ratio | 2.29 | 2.54 |
| Sortino Ratio | 3.27 | 3.55 |
| Omega Ratio | 1.43 | 1.49 |
| Calmar Ratio | 3.57 | 4.06 |
| Martin Ratio | 15.80 | 17.70 |
| Ulcer Index | 1.33% | 1.42% |
| Daily Std Dev | 9.13% | 9.87% |
| Max Drawdown | -14.28% | -25.52% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between HSWO.L and VEVE.L is 0.98, 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.
Performance
HSWO.L vs. VEVE.L - Performance Comparison
In the year-to-date period, HSWO.L achieves a 15.80% return, which is significantly lower than VEVE.L's 18.23% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HSWO.L vs. VEVE.L - Expense Ratio Comparison
HSWO.L has a 0.18% expense ratio, which is higher than VEVE.L's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
HSWO.L vs. VEVE.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Developed World Sustainable Equity UCITS ETF USD (HSWO.L) and Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.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
HSWO.L vs. VEVE.L - Dividend Comparison
HSWO.L has not paid dividends to shareholders, while VEVE.L's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
HSWO.L HSBC Developed World Sustainable Equity UCITS ETF USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEVE.L Vanguard FTSE Developed World UCITS ETF Distributing | 1.18% | 1.72% | 1.98% | 1.45% | 1.64% | 1.96% | 2.24% | 1.93% | 1.85% | 2.04% | 0.29% |
Drawdowns
HSWO.L vs. VEVE.L - Drawdown Comparison
The maximum HSWO.L drawdown since its inception was -14.28%, smaller than the maximum VEVE.L drawdown of -25.52%. Use the drawdown chart below to compare losses from any high point for HSWO.L and VEVE.L. For additional features, visit the drawdowns tool.
Volatility
HSWO.L vs. VEVE.L - Volatility Comparison
The current volatility for HSBC Developed World Sustainable Equity UCITS ETF USD (HSWO.L) is 2.71%, while Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.L) has a volatility of 2.89%. This indicates that HSWO.L experiences smaller price fluctuations and is considered to be less risky than VEVE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.