JPGL.L vs. HWWA.L
Compare and contrast key facts about JPM Global Equity Multi-Factor UCITS ETF USD Acc (JPGL.L) and HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L).
JPGL.L 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. JPGL.L is a passively managed fund by JPMorgan that tracks the performance of the MSCI ACWI NR USD. It was launched on Jul 9, 2019. 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 JPGL.L 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: JPGL.L or HWWA.L.
Performance
JPGL.L vs. HWWA.L - Performance Comparison
Returns By Period
In the year-to-date period, JPGL.L achieves a 13.76% return, which is significantly lower than HWWA.L's 16.70% return.
JPGL.L
13.76%
-2.26%
5.53%
21.85%
9.28%
N/A
HWWA.L
16.70%
1.51%
5.62%
21.61%
11.71%
11.48%
Key characteristics
| JPGL.L | HWWA.L | |
|---|---|---|
| Sharpe Ratio | 2.25 | 0.51 |
| Sortino Ratio | 3.17 | 1.11 |
| Omega Ratio | 1.41 | 1.39 |
| Calmar Ratio | 4.03 | 0.88 |
| Martin Ratio | 14.41 | 2.56 |
| Ulcer Index | 1.52% | 8.44% |
| Daily Std Dev | 9.72% | 42.66% |
| Max Drawdown | -35.87% | -43.14% |
| Current Drawdown | -2.81% | -20.71% |
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JPGL.L vs. HWWA.L - Expense Ratio Comparison
JPGL.L has a 0.19% 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%.
Correlation
The correlation between JPGL.L and HWWA.L is 0.86, 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
JPGL.L vs. HWWA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPM Global Equity Multi-Factor UCITS ETF USD Acc (JPGL.L) 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
JPGL.L vs. HWWA.L - Dividend Comparison
JPGL.L has not paid dividends to shareholders, while HWWA.L's dividend yield for the trailing twelve months is around 0.87%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JPGL.L JPM Global Equity Multi-Factor 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% |
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% |
Drawdowns
JPGL.L vs. HWWA.L - Drawdown Comparison
The maximum JPGL.L drawdown since its inception was -35.87%, smaller than the maximum HWWA.L drawdown of -43.14%. Use the drawdown chart below to compare losses from any high point for JPGL.L and HWWA.L. For additional features, visit the drawdowns tool.
Volatility
JPGL.L vs. HWWA.L - Volatility Comparison
The current volatility for JPM Global Equity Multi-Factor UCITS ETF USD Acc (JPGL.L) is 2.37%, while HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L) has a volatility of 3.34%. This indicates that JPGL.L experiences smaller price fluctuations and is considered to be less risky than HWWA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.