HWWA.L vs. IWDA.L
Compare and contrast key facts about HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L).
HWWA.L and IWDA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HWWA.L is a passively managed fund by HSBC that tracks the performance of the MSCI ACWI NR USD. It was launched on Jul 4, 2014. IWDA.L is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Sep 25, 2009. Both HWWA.L and IWDA.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: HWWA.L or IWDA.L.
Performance
HWWA.L vs. IWDA.L - Performance Comparison
Returns By Period
In the year-to-date period, HWWA.L achieves a 16.70% return, which is significantly lower than IWDA.L's 18.98% return. Over the past 10 years, HWWA.L has outperformed IWDA.L with an annualized return of 11.32%, while IWDA.L has yielded a comparatively lower 9.90% annualized return.
HWWA.L
16.70%
1.51%
5.13%
21.61%
11.73%
11.32%
IWDA.L
18.98%
-0.47%
7.66%
27.05%
12.16%
9.90%
Key characteristics
| HWWA.L | IWDA.L | |
|---|---|---|
| Sharpe Ratio | 0.51 | 2.33 |
| Sortino Ratio | 1.11 | 3.26 |
| Omega Ratio | 1.39 | 1.43 |
| Calmar Ratio | 0.88 | 3.48 |
| Martin Ratio | 2.56 | 15.00 |
| Ulcer Index | 8.44% | 1.75% |
| Daily Std Dev | 42.66% | 11.25% |
| Max Drawdown | -43.14% | -34.11% |
| Current Drawdown | -20.71% | -1.81% |
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HWWA.L vs. IWDA.L - Expense Ratio Comparison
HWWA.L has a 0.25% expense ratio, which is higher than IWDA.L's 0.20% 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%.
Correlation
The correlation between HWWA.L and IWDA.L is 0.84, 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.
Risk-Adjusted Performance
HWWA.L vs. IWDA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.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
HWWA.L vs. IWDA.L - Dividend Comparison
HWWA.L's dividend yield for the trailing twelve months is around 0.87%, while IWDA.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
HWWA.L HSBC Multi Factor Worldwide Equity UCITS ETF | 0.87% | 2.40% | 2.51% | 2.02% | 1.89% | 2.70% | 2.84% | 2.39% | 2.30% | 3.01% | 0.68% |
IWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HWWA.L vs. IWDA.L - Drawdown Comparison
The maximum HWWA.L drawdown since its inception was -43.14%, which is greater than IWDA.L's maximum drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for HWWA.L and IWDA.L. For additional features, visit the drawdowns tool.
Volatility
HWWA.L vs. IWDA.L - Volatility Comparison
The current volatility for HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L) is 3.35%, while iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) has a volatility of 3.59%. This indicates that HWWA.L experiences smaller price fluctuations and is considered to be less risky than IWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.