IFSW.L vs. HWWD.L
Compare and contrast key facts about iShares Edge MSCI World Multifactor UCITS (IFSW.L) and HSBC Multi Factor Worldwide Equity UCITS ETF (HWWD.L).
IFSW.L and HWWD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IFSW.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 4, 2015. HWWD.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. Both IFSW.L and HWWD.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: IFSW.L or HWWD.L.
Key characteristics
| IFSW.L | HWWD.L | |
|---|---|---|
| YTD Return | 15.85% | 13.97% |
| 1Y Return | 23.06% | 23.50% |
| 3Y Return (Ann) | 5.49% | 5.91% |
| 5Y Return (Ann) | 9.96% | 11.32% |
| Sharpe Ratio | 1.76 | 1.86 |
| Daily Std Dev | 12.58% | 12.20% |
| Max Drawdown | -34.49% | -33.76% |
| Current Drawdown | -0.29% | -1.44% |
Correlation
The correlation between IFSW.L and HWWD.L is 0.93, 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
IFSW.L vs. HWWD.L - Performance Comparison
In the year-to-date period, IFSW.L achieves a 15.85% return, which is significantly higher than HWWD.L's 13.97% 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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IFSW.L vs. HWWD.L - Expense Ratio Comparison
IFSW.L has a 0.55% expense ratio, which is higher than HWWD.L's 0.25% expense ratio.
Risk-Adjusted Performance
IFSW.L vs. HWWD.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Multifactor UCITS (IFSW.L) and HSBC Multi Factor Worldwide Equity UCITS ETF (HWWD.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
IFSW.L vs. HWWD.L - Dividend Comparison
IFSW.L has not paid dividends to shareholders, while HWWD.L's dividend yield for the trailing twelve months is around 1.68%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IFSW.L iShares Edge MSCI World Multifactor UCITS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HWWD.L HSBC Multi Factor Worldwide Equity UCITS ETF | 1.68% | 1.90% | 2.10% | 1.52% | 1.35% | 2.00% | 2.19% | 1.76% | 1.87% | 2.04% | 0.44% |
Drawdowns
IFSW.L vs. HWWD.L - Drawdown Comparison
The maximum IFSW.L drawdown since its inception was -34.49%, roughly equal to the maximum HWWD.L drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for IFSW.L and HWWD.L. For additional features, visit the drawdowns tool.
Volatility
IFSW.L vs. HWWD.L - Volatility Comparison
iShares Edge MSCI World Multifactor UCITS (IFSW.L) and HSBC Multi Factor Worldwide Equity UCITS ETF (HWWD.L) have volatilities of 3.89% and 3.84%, 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.