WRDA.L vs. HBGD.TO

Last updated Apr 2, 2026

Compare and contrast key facts about UBS Core MSCI World UCITS ETF USD Acc (WRDA.L) and Global X Big Data & Hardware Index ETF (HBGD.TO).

WRDA.L and HBGD.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WRDA.L is a passively managed fund by UBS that tracks the performance of the MSCI World Index. It was launched on Aug 5, 2025. HBGD.TO is managed by Global X.

Performance

WRDA.L vs. HBGD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS Core MSCI World UCITS ETF USD Acc (WRDA.L) and Global X Big Data & Hardware Index ETF (HBGD.TO). The values are adjusted to include any dividend payments, if applicable.

WRDA.L vs. HBGD.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WRDA.L UBS Core MSCI World UCITS ETF USD Acc	-1.39%	12.77%	20.02%
HBGD.TO Global X Big Data & Hardware Index ETF	5.41%	49.37%	27.84%

Different Trading Currencies

WRDA.L is traded in GBp, while HBGD.TO is traded in CAD. To make them comparable, the HBGD.TO values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, WRDA.L achieves a -1.39% return, which is significantly lower than HBGD.TO's 5.41% return.

WRDA.L

• 1D: 1.76%
• 1M: -3.44%
• YTD: -1.39%
• 6M: 2.20%
• 1Y: 16.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HBGD.TO

• 1D: 5.30%
• 1M: -6.94%
• YTD: 5.41%
• 6M: 12.93%
• 1Y: 99.86%
• 3Y*: 41.24%
• 5Y*: 38.63%
• 10Y*: —

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

WRDA.L vs. HBGD.TO - Expense Ratio Comparison

WRDA.L has a 0.06% expense ratio, which is lower than HBGD.TO's 0.64% expense ratio.

HBGD.TO

Global X Big Data & Hardware Index ETF

WRDA.L

UBS Core MSCI World UCITS ETF USD Acc

Return for Risk

WRDA.L vs. HBGD.TO — Risk / Return Rank

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

WRDA.L

WRDA.L Risk / Return Rank: 71
WRDA.L Sharpe Ratio Rank: 66
WRDA.L Sortino Ratio Rank: 64
WRDA.L Omega Ratio Rank: 65
WRDA.L Calmar Ratio Rank: 82
WRDA.L Martin Ratio Rank: 80

HBGD.TO

HBGD.TO Risk / Return Rank: 92
HBGD.TO Sharpe Ratio Rank: 95
HBGD.TO Sortino Ratio Rank: 94
HBGD.TO Omega Ratio Rank: 89
HBGD.TO Calmar Ratio Rank: 95
HBGD.TO Martin Ratio Rank: 89

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.

WRDA.L vs. HBGD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS Core MSCI World UCITS ETF USD Acc (WRDA.L) and Global X Big Data & Hardware Index ETF (HBGD.TO). 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.

	WRDA.L	HBGD.TO	Difference
Sharpe ratio Return per unit of total volatility	1.23	2.49	-1.26
Sortino ratio Return per unit of downside risk	1.71	3.05	-1.33
Omega ratio Gain probability vs. loss probability	1.25	1.39	-0.14
Calmar ratio Return relative to maximum drawdown	2.59	4.38	-1.79
Martin ratio Return relative to average drawdown	9.58	13.35	-3.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WRDA.L vs. HBGD.TO - Sharpe Ratio Comparison

The current WRDA.L Sharpe Ratio is 1.23, which is lower than the HBGD.TO Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of WRDA.L and HBGD.TO, 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

	WRDA.L	HBGD.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	2.49	-1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.13	-0.77	+1.91

Correlation

The correlation between WRDA.L and HBGD.TO is 0.45, 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.

Dividends

WRDA.L vs. HBGD.TO - Dividend Comparison

WRDA.L has not paid dividends to shareholders, while HBGD.TO's dividend yield for the trailing twelve months is around 0.37%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
WRDA.L UBS Core MSCI World UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HBGD.TO Global X Big Data & Hardware Index ETF	0.37%	0.39%	0.53%	0.64%	1.22%	0.83%	0.32%	1.52%	0.68%

Drawdowns

WRDA.L vs. HBGD.TO - Drawdown Comparison

The maximum WRDA.L drawdown since its inception was -18.38%, smaller than the maximum HBGD.TO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for WRDA.L and HBGD.TO.

Drawdown Indicators

	WRDA.L	HBGD.TO	Difference
Max Drawdown Largest peak-to-trough decline	-18.38%	-100.00%	+81.62%
Max Drawdown (1Y) Largest decline over 1 year	-10.06%	-22.09%	+12.03%
Max Drawdown (5Y) Largest decline over 5 years	—	-63.43%	—
Current Drawdown Current decline from peak	-3.67%	-99.98%	+96.31%
Average Drawdown Average peak-to-trough decline	-2.41%	-99.99%	+97.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.76%	7.59%	-5.83%

Volatility

WRDA.L vs. HBGD.TO - Volatility Comparison

The current volatility for UBS Core MSCI World UCITS ETF USD Acc (WRDA.L) is 4.18%, while Global X Big Data & Hardware Index ETF (HBGD.TO) has a volatility of 13.22%. This indicates that WRDA.L experiences smaller price fluctuations and is considered to be less risky than HBGD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WRDA.L	HBGD.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.18%	13.22%	-9.04%
Volatility (6M) Calculated over the trailing 6-month period	8.10%	29.33%	-21.23%
Volatility (1Y) Calculated over the trailing 1-year period	13.73%	40.45%	-26.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.54%	96.05%	-83.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.54%	87.95%	-75.41%