Compare WLD vs. HMWO ETF performance

›Compare ETFs›WLD vs. HMWO ETF comparison

Comparing 2 ETFs	Performance (December 16, 2025 - March 16, 2026)
WLD +2.18% HMWO -0.31%

Comparison analysis

The ETFs Amundi MSCI World Swap II UCITS ETF (WLD) and HSBC MSCI World UCITS ETF (HMWO) 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. Amundi MSCI World Swap II UCITS ETF (WLD) has a lower tracking difference () than HSBC MSCI World UCITS ETF (HMWO) (+7.96bps), and a lower tracking error ( vs. +16.65bps). WLD replicates its index using the Indirect with a Unfunded swap model, while HMWO is built on a Direct (Physical) replication method with a Optimized sampling model. Both WLD and HMWO distribute dividends, with a TTM distribution yield of 1.25% and 1.28% respectively. Both funds invest in the same top 3 sectors: Information Technology, Financials and Industrials. WLD’s top underlying securities are NVIDIA (5.47%), APPLE (4.48%) and MICROSOFT-T (3.58%). HMWO’s top underlying securities are NVIDIA (5.50%), APPLE (4.56%) and MICROSOFT-T (3.59%). With a Total Expense Ratio (TER) of 0.3%, WLD is more expensive than HMWO, with 0.15%. WLD has a 3M average daily volume (ADV) of +€6.7M vs. +$11M for HMWO. The recorded 1Y bid-ask spread is +5.31bps (WLD) and +6.28bps (HMWO). The table below shows the full side-by-side ETF comparison of WLD and HMWO, with detailed data on performance, flows, liquidity, exposure to individual stocks, segments, sectors, and geographies, helping you select the best ETFs.

	WLD Amundi MSCI World Swap II UCITS ETF Dist - EURThis ETF provides exposure to Large and Mid-Cap Developed markets Equities Share class Dist EUR ISIN FR0010315770	HMWO HSBC MSCI World UCITS ETF - USDThis ETF provides exposure to Large and Mid-Cap Developed markets Equities Share class Dist USD ISIN IE00B4X9L533


Product Type	Passive ETF	Passive ETF
Strategy	Long only	Long only
NAV	€377.94	$43.86
AuM	-	-
Total AuM of fund	€9.36B	€14.42B
Base currency	EUR	USD
E/R	0.3%	0.15%
Rating	Not rated

Provider	Amundi	HSBC
Investment strategy	Amundi MSCI World Swap II UCITS ETF seeks to replicate, as closely as possible, whether the trend is rising or falling, the performance of the MSCI World 100% Hedged to USD Net Total Return Index (the Index), and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index. The anticipated level of tracking error, under normal market conditions, is indicated in the prospectus of the Sub-Fund. For further information, please refer to the fund prospectus or KID.	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.
Dividend policy	Distribution	Distribution


Tax optimisation
PEA
UK Reporting

Performance and flows	Perf. Flows	Perf. Flows
1 month	+0.20% To view, create a free account	-2.92% To view, create a free account
3 months	+2.18%	-0.31%
1 year	+13.90%	+19.85%
3 years	+57.76%	+70.89%
5 years	+73.10%	+67.73%
Month to date	-1.32%	-4.01%
Quarter to date	+1.07%	-1.19%
Year to date	+1.07%	-1.19%

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
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Exposure
Countries
Sectors or issuer types	Information Technology 27.25% Financials 14.51% Industrials 10.65% Consumer Discretionary 9.88% Communication Services 8.91% Health Care 8.91% Consumer Staples 4.97% Energy 3.64% Materials 2.99% Utilities 2.57% Real Estate 1.75% Unavailable 5.72% Exposure data based on a proxy
Number of holdings	1317	1283
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

Replication
Benchmark	MSCI World Index	MSCI World Index
Replication method
Replication model
Trackinsight replication rating	Not rated
Tracking error (1Y)
Tracking difference (1Y)

Sustainability
ESG Consensus®
SDG

Frequently asked questions about WLD and HMWO

How did WLD and HMWO perform in 2026?

As of 3/16/2026, WLD has delivered a year-to-date performance of 1.07%, while HMWO has returned -1.19%.

Which ETF is seeing higher flows: WLD or HMWO?

As of 3/16/2026, WLD has recorded -€255M in net flows YTD, compared to -€279M for HMWO since the beginning of the year.

Which ETF shows higher volatility: WLD or HMWO?

As of 3/16/2026, WLD reported a 1-year volatility of 14.93%, whereas HMWO registered volatility 14.35% over the same period.

How do WLD and HMWO differ in sector exposure?

As of 3/16/2026, WLD is primarily exposed to sectors such as Information Technology, weight 27.25%, Financials, weight 14.51% and Industrials, weight 10.65%. The top sectors in HMWO feature Information Technology, weight 27.21%, Financials, weight 14.72% and Industrials, weight 10.68%.

How do WLD and HMWO differ in geographic exposure?

As of 3/16/2026, WLD has its largest country exposures in USA, weight 68.79%, Japan, weight 5.62% and United Kingdom, weight 3.68%. The top countries in HMWO feature USA, weight 69.19%, Japan, weight 5.66% and United Kingdom, weight 3.74%.

How do WLD and HMWO differ in terms of holdings?

As of 3/16/2026, WLD include NVIDIA, weight 5.47%, APPLE, weight 4.48% and MICROSOFT-T, weight 3.58%. The top positions in HMWO feature NVIDIA, weight 5.50%, APPLE, weight 4.56% and MICROSOFT-T, weight 3.59%.

Is WLD or HMWO more diversified?

As of 3/16/2026, WLD holds 1317 securities, with 30.21% of its assets allocated to its top 15 positions. HMWO, by comparison, includes 1283 holdings and has 30.49% concentrated in its top 15.

Which ETF has a higher distribution yield: WLD or HMWO?

As of 3/16/2026, WLD has a trailing 12-month yield of 1.25%, while HMWO offers 1.28%.

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