JAM.L vs. HMWO.L
Compare and contrast key facts about JPMorgan American Investment Trust (JAM.L) and HSBC MSCI World UCITS ETF (HMWO.L).
HMWO.L is a passively managed fund by HSBC that tracks the performance of the MSCI ACWI NR USD. It was launched on Dec 8, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JAM.L or HMWO.L.
Key characteristics
| JAM.L | HMWO.L | |
|---|---|---|
| YTD Return | 30.07% | 20.09% |
| 1Y Return | 38.79% | 26.69% |
| 3Y Return (Ann) | 15.16% | 9.01% |
| 5Y Return (Ann) | 19.87% | 12.91% |
| 10Y Return (Ann) | 16.02% | 12.45% |
| Sharpe Ratio | 2.44 | 2.59 |
| Sortino Ratio | 3.43 | 3.63 |
| Omega Ratio | 1.45 | 1.50 |
| Calmar Ratio | 4.78 | 4.13 |
| Martin Ratio | 15.49 | 18.71 |
| Ulcer Index | 2.37% | 1.40% |
| Daily Std Dev | 15.08% | 10.07% |
| Max Drawdown | -58.93% | -25.48% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between JAM.L and HMWO.L is 0.78, 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
JAM.L vs. HMWO.L - Performance Comparison
In the year-to-date period, JAM.L achieves a 30.07% return, which is significantly higher than HMWO.L's 20.09% return. Over the past 10 years, JAM.L has outperformed HMWO.L with an annualized return of 16.02%, while HMWO.L has yielded a comparatively lower 12.45% annualized 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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Risk-Adjusted Performance
JAM.L vs. HMWO.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan American Investment Trust (JAM.L) and HSBC MSCI World UCITS ETF (HMWO.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
JAM.L vs. HMWO.L - Dividend Comparison
JAM.L's dividend yield for the trailing twelve months is around 0.72%, less than HMWO.L's 1.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAM.L JPMorgan American Investment Trust | 0.72% | 0.84% | 1.02% | 0.88% | 1.13% | 1.35% | 1.44% | 1.23% | 1.29% | 0.55% | 0.01% | 1.05% |
HMWO.L HSBC MSCI World UCITS ETF | 1.42% | 1.60% | 1.75% | 1.27% | 1.55% | 1.97% | 2.11% | 1.91% | 1.84% | 1.86% | 1.72% | 1.95% |
Drawdowns
JAM.L vs. HMWO.L - Drawdown Comparison
The maximum JAM.L drawdown since its inception was -58.93%, which is greater than HMWO.L's maximum drawdown of -25.48%. Use the drawdown chart below to compare losses from any high point for JAM.L and HMWO.L. For additional features, visit the drawdowns tool.
Volatility
JAM.L vs. HMWO.L - Volatility Comparison
JPMorgan American Investment Trust (JAM.L) has a higher volatility of 6.20% compared to HSBC MSCI World UCITS ETF (HMWO.L) at 2.97%. This indicates that JAM.L's price experiences larger fluctuations and is considered to be riskier than HMWO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.