HWWA.L vs. URTH
Compare and contrast key facts about HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L) and iShares MSCI World ETF (URTH).
HWWA.L and URTH 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. URTH is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Jan 10, 2012. Both HWWA.L and URTH 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 URTH.
Performance
HWWA.L vs. URTH - Performance Comparison
Returns By Period
In the year-to-date period, HWWA.L achieves a 16.70% return, which is significantly lower than URTH's 19.28% return. Over the past 10 years, HWWA.L has outperformed URTH with an annualized return of 11.32%, while URTH has yielded a comparatively lower 10.07% annualized return.
HWWA.L
16.70%
1.51%
5.13%
21.61%
11.73%
11.32%
URTH
19.28%
-0.64%
8.10%
26.66%
12.31%
10.07%
Key characteristics
| HWWA.L | URTH | |
|---|---|---|
| Sharpe Ratio | 0.51 | 2.33 |
| Sortino Ratio | 1.11 | 3.17 |
| Omega Ratio | 1.39 | 1.42 |
| Calmar Ratio | 0.88 | 3.32 |
| Martin Ratio | 2.56 | 14.74 |
| Ulcer Index | 8.44% | 1.85% |
| Daily Std Dev | 42.66% | 11.72% |
| Max Drawdown | -43.14% | -34.01% |
| Current Drawdown | -20.71% | -1.78% |
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HWWA.L vs. URTH - Expense Ratio Comparison
HWWA.L has a 0.25% expense ratio, which is higher than URTH's 0.24% 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 URTH is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
HWWA.L vs. URTH - 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 MSCI World ETF (URTH). 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. URTH - Dividend Comparison
HWWA.L's dividend yield for the trailing twelve months is around 0.87%, less than URTH's 1.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
URTH iShares MSCI World ETF | 1.45% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.14% | 2.35% | 2.32% | 1.04% |
Drawdowns
HWWA.L vs. URTH - Drawdown Comparison
The maximum HWWA.L drawdown since its inception was -43.14%, which is greater than URTH's maximum drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for HWWA.L and URTH. For additional features, visit the drawdowns tool.
Volatility
HWWA.L vs. URTH - Volatility Comparison
HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L) and iShares MSCI World ETF (URTH) have volatilities of 3.35% and 3.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.