Compare HMWO vs. IWDA ETF performance
Comparing 2 ETFs | Performance (December 12, 2025 - March 12, 2026) |
HMWO IWDA |
Comparison analysis The ETFs HSBC MSCI World UCITS ETF (HMWO) and iShares Core MSCI World UCITS ETF (IWDA) are passive ETFs that track the performance of the MSCI World Daily Total Return Net Index - USD. As a result, they allow investors to get exposure to Developed Market Blended Cap. HSBC MSCI World UCITS ETF (HMWO) has a higher tracking difference (+7.96bps) than iShares Core MSCI World UCITS ETF (IWDA) (+7.46bps), and a higher tracking error (+16.65bps vs. +2.87bps). Both funds use a Direct (Physical) replication method to follow their index and a replication model of Optimized sampling. Both funds invest in the same top 3 sectors: Information Technology, Financials and Industrials. HMWO’s top underlying securities are NVIDIA (5.50%), APPLE (4.56%) and MICROSOFT-T (3.59%). IWDA’s top underlying securities are NVIDIA (5.47%), APPLE (4.48%) and MICROSOFT-T (3.58%). With a Total Expense Ratio (TER) of 0.15%, HMWO is cheaper than IWDA, with 0.2%. HMWO has a 3M average daily volume (ADV) of +$11M vs. +$160M for IWDA. The recorded 1Y bid-ask spread is +6.28bps (HMWO) and +3.76bps (IWDA). The table below shows the full side-by-side ETF comparison of HMWO and IWDA, with detailed data on performance, flows, liquidity, exposure to individual stocks, segments, sectors, and geographies, helping you select the best ETFs. |
HMWO HSBC MSCI World UCITS ETF - USDThis ETF provides exposure to Large and Mid-Cap Developed markets Equities Share class Dist USD ISIN IE00B4X9L533 | IWDA iShares Core MSCI World UCITS ETF - USDThis ETF provides exposure to Large and Mid-Cap Developed markets Equities Share class Acc USD ISIN IE00B4L5Y983 |
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Product Type | Passive ETF | Passive ETF | ||
Strategy | Long only | Long only | ||
NAV | $43.78 | $127.69 | ||
AuM | - | - | ||
Total AuM of fund | €14.39B | €112.2B | ||
Base currency | USD | USD | ||
E/R | 0.15% | 0.2% | ||
Rating | ||||
Provider | ||||
Investment strategy | The investment objective of the Fund is to replicate the performance of the MSCI World Index (the "Index"), while minimising as far as possible the tracking error between the Fund's performance and that of the Index. The Index is a market-capitalisation weighted index designed to measure the performance of the largest companies of the world's developed equity markets, including Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Israel, The Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom, Hong Kong, Japan, Singapore, Australia, New Zealand, Canada and USA, as defined by the Index Provider. | The Fund seeks to track the performance of an index composed of companies from developed countries. | ||
Dividend policy | Distribution | Capitalization | ||
Tax optimisation | ||||
PEA | ||||
UK Reporting | ||||
Performance and flows | Perf. Flows | Perf. Flows | ||
1 month | -3.24% To view, create a free account | -3.25% To view, create a free account | ||
3 months | -0.80% | -0.78% | ||
1 year | +21.46% | +21.42% | ||
3 years | +72.84% | +72.55% | ||
5 years | +68.44% | +67.82% | ||
Month to date | -4.18% | -4.18% | ||
Quarter to date | -1.36% | -1.32% | ||
Year to date | -1.36% | -1.32% | ||
Volatility and risk | 1 year 3 years 5 years | 1 year 3 years 5 years | ||
Volatility | To view, create a free account | To view, create a free account | ||
Perf./Volatility | ||||
Max drawdown | ||||
Create a free Trackinsight Essentials account to unlock insights Access exclusive metrics and features to support your investment decisions. | ||||
Exposure | ||||
Countries | ||||
Sectors or issuer types | ||||
Number of holdings | 1283 | 1317 | ||
Weight of top 15 holdings | ||||
Top 15 holdings | NVIDIA APPLE MICROSOFT-T AMAZON.COM INC ALPHABET INC-CL ALPHABET INC-CL META PLATFORMS BROADCOM LIMITED TESLA JPMORGAN CHASE LILLY BERKSHIRE HATHWAY EXXON ASML HOLDING VISA INCORPORATION To view, create a free account | NVIDIA APPLE MICROSOFT-T AMAZON.COM INC ALPHABET INC-CL ALPHABET INC-CL META PLATFORMS BROADCOM LIMITED TESLA JPMORGAN CHASE LILLY BERKSHIRE HATHWAY EXXON VISA INCORPORATION ASML HOLDING To view, create a free account | ||
Replication | ||||
Benchmark | ||||
Replication method | ||||
Replication model | ||||
Trackinsight replication rating | ||||
Tracking error (1Y) | ||||
Tracking difference (1Y) | ||||
Sustainability | ||||
ESG Consensus® |  | | ||
SDG |
Frequently asked questions about HMWO and IWDA
How did HMWO and IWDA perform in 2026?
As of 3/12/2026, HMWO has delivered a year-to-date performance of -1.36%, while IWDA has returned -1.32%.
Which ETF is seeing higher flows: HMWO or IWDA?
As of 3/12/2026, HMWO has recorded -€279M in net flows YTD, compared to +€1.19B for IWDA since the beginning of the year.
Which ETF shows higher volatility: HMWO or IWDA?
As of 3/12/2026, HMWO reported a 1-year volatility of 14.46%, whereas IWDA registered volatility 14.70% over the same period.
How do HMWO and IWDA differ in sector exposure?
As of 3/12/2026, HMWO is primarily exposed to sectors such as Information Technology, weight 27.21%, Financials, weight 14.72% and Industrials, weight 10.68%. The top sectors in IWDA feature Information Technology, weight 27.25%, Financials, weight 14.51% and Industrials, weight 10.65%.
How do HMWO and IWDA differ in geographic exposure?
As of 3/12/2026, HMWO has its largest country exposures in USA, weight 69.19%, Japan, weight 5.66% and United Kingdom, weight 3.74%. The top countries in IWDA feature USA, weight 68.79%, Japan, weight 5.62% and United Kingdom, weight 3.68%.
How do HMWO and IWDA differ in terms of holdings?
As of 3/12/2026, HMWO include NVIDIA, weight 5.50%, APPLE, weight 4.56% and MICROSOFT-T, weight 3.59%. The top positions in IWDA feature NVIDIA, weight 5.47%, APPLE, weight 4.48% and MICROSOFT-T, weight 3.58%.
Is HMWO or IWDA more diversified?
As of 3/12/2026, HMWO holds 1283 securities, with 30.49% of its assets allocated to its top 15 positions. IWDA, by comparison, includes 1317 holdings and has 30.21% concentrated in its top 15.
Which ETF has a higher distribution yield: HMWO or IWDA?
As of 3/12/2026, HMWO has a trailing 12-month yield of 1.28%, while IWDA offers 0.00%.
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