JMOM vs. HWWA.L
Compare and contrast key facts about JPMorgan U.S. Momentum Factor ETF (JMOM) and HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L).
JMOM and HWWA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JMOM is a passively managed fund by JPMorgan Chase that tracks the performance of the JP Morgan US Momentum Factor Index. It was launched on Nov 8, 2017. 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. Both JMOM and HWWA.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: JMOM or HWWA.L.
Correlation
The correlation between JMOM and HWWA.L is 0.60, 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.
Performance
JMOM vs. HWWA.L - Performance Comparison
Key characteristics
JMOM:
0.60
HWWA.L:
0.01
JMOM:
0.96
HWWA.L:
0.37
JMOM:
1.14
HWWA.L:
1.10
JMOM:
0.65
HWWA.L:
0.02
JMOM:
2.51
HWWA.L:
0.03
JMOM:
5.01%
HWWA.L:
16.31%
JMOM:
21.18%
HWWA.L:
43.84%
JMOM:
-34.31%
HWWA.L:
-43.14%
JMOM:
-9.41%
HWWA.L:
-26.10%
Returns By Period
In the year-to-date period, JMOM achieves a -2.68% return, which is significantly higher than HWWA.L's -7.02% return.
JMOM
-2.68%
-0.84%
-1.75%
12.50%
16.28%
N/A
HWWA.L
-7.02%
-5.41%
-4.09%
0.54%
11.98%
10.05%
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JMOM vs. HWWA.L - Expense Ratio Comparison
JMOM has a 0.12% expense ratio, which is lower than HWWA.L's 0.25% expense ratio. Despite the difference, 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
JMOM vs. HWWA.L — Risk-Adjusted Performance Rank
JMOM
HWWA.L
JMOM vs. HWWA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Momentum Factor ETF (JMOM) and HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.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
JMOM vs. HWWA.L - Dividend Comparison
JMOM's dividend yield for the trailing twelve months is around 0.89%, while HWWA.L has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMOM JPMorgan U.S. Momentum Factor ETF | 0.89% | 0.75% | 1.21% | 1.38% | 0.64% | 0.85% | 1.11% | 1.38% | 0.30% | 0.00% | 0.00% | 0.00% |
HWWA.L HSBC Multi Factor Worldwide Equity UCITS ETF | 0.00% | 0.87% | 2.40% | 2.51% | 2.02% | 1.89% | 2.70% | 2.84% | 2.39% | 2.30% | 3.01% | 0.68% |
Drawdowns
JMOM vs. HWWA.L - Drawdown Comparison
The maximum JMOM drawdown since its inception was -34.31%, smaller than the maximum HWWA.L drawdown of -43.14%. Use the drawdown chart below to compare losses from any high point for JMOM and HWWA.L. For additional features, visit the drawdowns tool.
Volatility
JMOM vs. HWWA.L - Volatility Comparison
JPMorgan U.S. Momentum Factor ETF (JMOM) has a higher volatility of 14.76% compared to HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L) at 11.11%. This indicates that JMOM's price experiences larger fluctuations and is considered to be riskier than HWWA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.