NADQ.DE vs. HMWD.L

Last updated Apr 3, 2026

Compare and contrast key facts about Amundi Nasdaq-100 II UCITS ETF Dist (NADQ.DE) and HSBC MSCI World UCITS ETF (HMWD.L).

NADQ.DE and HMWD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NADQ.DE is a passively managed fund by Amundi that tracks the performance of the Nasdaq 100®. It was launched on Sep 10, 2020. HMWD.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. Both NADQ.DE and HMWD.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.

Performance

NADQ.DE vs. HMWD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Nasdaq-100 II UCITS ETF Dist (NADQ.DE) and HSBC MSCI World UCITS ETF (HMWD.L). The values are adjusted to include any dividend payments, if applicable.

NADQ.DE vs. HMWD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NADQ.DE Amundi Nasdaq-100 II UCITS ETF Dist	-4.20%	7.04%	34.07%	51.46%	-29.91%	39.75%	34.72%	43.03%	3.29%	15.73%
HMWD.L HSBC MSCI World UCITS ETF	-1.12%	6.69%	26.99%	20.90%	-13.17%	31.57%	6.83%	30.31%	-4.61%	7.99%

Different Trading Currencies

NADQ.DE is traded in EUR, while HMWD.L is traded in USD. To make them comparable, the HMWD.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, NADQ.DE achieves a -4.20% return, which is significantly lower than HMWD.L's -1.12% return. Over the past 10 years, NADQ.DE has outperformed HMWD.L with an annualized return of 18.75%, while HMWD.L has yielded a comparatively lower 12.08% annualized return.

NADQ.DE

• 1D: 2.57%
• 1M: -2.08%
• YTD: -4.20%
• 6M: -1.98%
• 1Y: 15.93%
• 3Y*: 20.62%
• 5Y*: 13.61%
• 10Y*: 18.75%

HMWD.L

• 1D: 0.10%
• 1M: -1.66%
• YTD: -1.12%
• 6M: 1.99%
• 1Y: 12.13%
• 3Y*: 15.14%
• 5Y*: 10.93%
• 10Y*: 12.08%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NADQ.DE vs. HMWD.L - Expense Ratio Comparison

NADQ.DE has a 0.22% expense ratio, which is higher than HMWD.L's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

NADQ.DE

Amundi Nasdaq-100 II UCITS ETF Dist

HMWD.L

HSBC MSCI World UCITS ETF

Return for Risk

NADQ.DE vs. HMWD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NADQ.DE

NADQ.DE Risk / Return Rank: 42
NADQ.DE Sharpe Ratio Rank: 38
NADQ.DE Sortino Ratio Rank: 38
NADQ.DE Omega Ratio Rank: 37
NADQ.DE Calmar Ratio Rank: 53
NADQ.DE Martin Ratio Rank: 42

HMWD.L

HMWD.L Risk / Return Rank: 74
HMWD.L Sharpe Ratio Rank: 66
HMWD.L Sortino Ratio Rank: 66
HMWD.L Omega Ratio Rank: 65
HMWD.L Calmar Ratio Rank: 83
HMWD.L Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NADQ.DE vs. HMWD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Nasdaq-100 II UCITS ETF Dist (NADQ.DE) and HSBC MSCI World UCITS ETF (HMWD.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.

	NADQ.DE	HMWD.L	Difference
Sharpe ratio Return per unit of total volatility	0.78	0.74	+0.04
Sortino ratio Return per unit of downside risk	1.19	1.09	+0.10
Omega ratio Gain probability vs. loss probability	1.17	1.16	0.00
Calmar ratio Return relative to maximum drawdown	1.60	2.80	-1.20
Martin ratio Return relative to average drawdown	4.71	10.31	-5.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NADQ.DE vs. HMWD.L - Sharpe Ratio Comparison

The current NADQ.DE Sharpe Ratio is 0.78, which is comparable to the HMWD.L Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of NADQ.DE and HMWD.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NADQ.DE	HMWD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	0.74	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.73	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.97	0.76	+0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	0.73	+0.17

Correlation

The correlation between NADQ.DE and HMWD.L is 0.75, 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.

Dividends

NADQ.DE vs. HMWD.L - Dividend Comparison

NADQ.DE's dividend yield for the trailing twelve months is around 0.42%, less than HMWD.L's 1.29% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NADQ.DE Amundi Nasdaq-100 II UCITS ETF Dist	0.42%	0.40%	0.55%	0.40%	0.79%	0.51%	0.40%	0.54%	0.63%	0.00%	0.00%	0.00%
HMWD.L HSBC MSCI World UCITS ETF	1.29%	1.24%	1.43%	1.57%	1.79%	1.31%	1.44%	1.91%	2.23%	1.81%	2.00%	1.93%

Drawdowns

NADQ.DE vs. HMWD.L - Drawdown Comparison

The maximum NADQ.DE drawdown since its inception was -33.44%, roughly equal to the maximum HMWD.L drawdown of -33.51%. Use the drawdown chart below to compare losses from any high point for NADQ.DE and HMWD.L.

Drawdown Indicators

	NADQ.DE	HMWD.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.44%	-34.03%	+0.59%
Max Drawdown (1Y) Largest decline over 1 year	-9.97%	-9.31%	-0.66%
Max Drawdown (5Y) Largest decline over 5 years	-31.16%	-26.00%	-5.16%
Max Drawdown (10Y) Largest decline over 10 years	-31.16%	-34.03%	+2.87%
Current Drawdown Current decline from peak	-7.52%	-5.58%	-1.94%
Average Drawdown Average peak-to-trough decline	-5.98%	-4.61%	-1.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.38%	1.92%	+1.46%

Volatility

NADQ.DE vs. HMWD.L - Volatility Comparison

Amundi Nasdaq-100 II UCITS ETF Dist (NADQ.DE) and HSBC MSCI World UCITS ETF (HMWD.L) have volatilities of 5.07% and 5.04%, 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.

Volatility by Period

	NADQ.DE	HMWD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.07%	5.04%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	11.96%	8.93%	+3.03%
Volatility (1Y) Calculated over the trailing 1-year period	20.67%	16.22%	+4.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.85%	14.91%	+4.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.56%	15.83%	+3.73%