MFDX vs. HWWA.L
Compare and contrast key facts about PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) and HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L).
MFDX 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. MFDX is a passively managed fund by PIMCO that tracks the performance of the RAFI Dynamic Multi-Factor Developed Ex-U.S. Index. It was launched on Aug 31, 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 MFDX 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: MFDX or HWWA.L.
Correlation
The correlation between MFDX 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
MFDX vs. HWWA.L - Performance Comparison
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Key characteristics
MFDX:
0.97
HWWA.L:
0.32
MFDX:
1.41
HWWA.L:
0.49
MFDX:
1.19
HWWA.L:
1.07
MFDX:
1.27
HWWA.L:
0.24
MFDX:
3.46
HWWA.L:
0.87
MFDX:
4.27%
HWWA.L:
4.77%
MFDX:
15.55%
HWWA.L:
14.40%
MFDX:
-35.50%
HWWA.L:
-43.14%
MFDX:
0.00%
HWWA.L:
-5.49%
Returns By Period
In the year-to-date period, MFDX achieves a 17.84% return, which is significantly higher than HWWA.L's -1.15% return.
MFDX
17.84%
7.66%
15.70%
14.91%
12.33%
13.25%
N/A
HWWA.L
-1.15%
9.54%
-0.92%
4.66%
10.97%
12.30%
10.63%
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MFDX vs. HWWA.L - Expense Ratio Comparison
MFDX has a 0.39% expense ratio, which is higher than HWWA.L's 0.25% expense ratio.
Risk-Adjusted Performance
MFDX vs. HWWA.L — Risk-Adjusted Performance Rank
MFDX
HWWA.L
MFDX vs. HWWA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) 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.
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Dividends
MFDX vs. HWWA.L - Dividend Comparison
MFDX's dividend yield for the trailing twelve months is around 2.96%, while HWWA.L has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF | 2.96% | 3.16% | 3.12% | 2.85% | 2.99% | 1.58% | 2.88% | 2.98% | 0.71% | 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
MFDX vs. HWWA.L - Drawdown Comparison
The maximum MFDX drawdown since its inception was -35.50%, smaller than the maximum HWWA.L drawdown of -43.14%. Use the drawdown chart below to compare losses from any high point for MFDX and HWWA.L. For additional features, visit the drawdowns tool.
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Volatility
MFDX vs. HWWA.L - Volatility Comparison
The current volatility for PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) is 3.06%, while HSBC Multi Factor Worldwide Equity UCITS ETF (HWWA.L) has a volatility of 4.53%. This indicates that MFDX 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.
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