ETF comparison

HMWA vs IWDA

HSBC MSCI WORLD UCITS ETF USD (Acc)
IE000UQND7H4HSBC
iShares Core MSCI World UCITS ETF
IE00B4L5Y983iShares
Figures as of 46294-01-01 (HMWA) · October 1, 2026 (IWDA)

The comparison in short

HMWA (HSBC MSCI WORLD UCITS ETF USD (Acc), IE000UQND7H4) and IWDA (iShares Core MSCI World UCITS ETF, IE00B4L5Y983) both track the MSCI World index. HMWA has the lower total expense ratio (TER): 0.15% a year against 0.20% for IWDA, 0.05 percentage points less, or about 5 a year on 10,000 invested. IWDA is the larger fund, with USD 152.1bn in assets against USD 19,262,909,151 for HMWA, about 7.9 times the size. HMWA reports 1,303 holdings and IWDA 1,250. 8 of the holdings published by HMWA (top 10) and IWDA (top 10) appear in both lists; measured on those published positions only, the overlap is at least 26.3%. Shared holdings include NVIDIA Corp, Apple Inc, Microsoft Corp, Alphabet Inc Class A and Amazon.com Inc. Over 3 years, HMWA returned +20.4% a year and IWDA +21.6% a year. HMWA and IWDA both reinvest their income (accumulating share classes). HMWA and IWDA both hold the index securities directly (physical replication). Both are domiciled in Ireland. HMWA carries a risk indicator (SRRI) of 5 and IWDA of 4, on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureHMWAIWDA
ISINIE000UQND7H4IE00B4L5Y983
Exchange tickersHMWA, HMWS, H4ZYIWDA, SWDA, EUNL
Fund houseHSBCiShares
Total expense ratio (TER)0.15%0.20%
Ongoing charges (KID)0.15%0.20%
Fund sizeUSD 19,262,909,151USD 152.1bn
Launch dateJune 28, 2022September 25, 2009
ReplicationPhysicalPhysical
DomicileIrelandIreland
Distribution policyAccumulatingAccumulating
Share class currencyUSDUSD
Number of holdings1,3031,250
Risk indicator (SRRI)5 / 74 / 7
SFDR classification—Article 6
Benchmark100% MSCI World NetMSCI World Index (Net)

Performance

Annualised returns

PeriodHMWAIWDADifference
1 year+20.9%+14.6%+6.3
3 years+20.4%+21.6%−1.2
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

8 of the holdings published by HMWA (top 10) and IWDA (top 10) appear in both lists; measured on those published positions only, the overlap is at least 26.3%. Shared holdings include NVIDIA Corp, Apple Inc, Microsoft Corp, Alphabet Inc Class A and Amazon.com Inc.

Top 10 holdings of HMWA

#HoldingWeight
1
NVIDIA CorpIn both
5.74%
2
Apple IncIn both
5.31%
3
Capital Cash Ctrl
4.44%
4
Microsoft CorpIn both
3.94%
5
Amazon.com IncIn both
2.63%
6
Alphabet Inc Class AIn both
2.20%
7
Meta Platforms Inc Class AIn both
1.78%
8
Broadcom IncIn both
1.76%
9
Alphabet Inc Class CIn both
1.73%
10
Micron Technology IncIn both
1.32%

Top 10 holdings of IWDA

#HoldingWeight
1
NVIDIAIn both
5.86%
2
APPLEIn both
5.36%
3
MICROSOFTIn both
4.00%
4
AMAZON.COM INCIn both
2.65%
5
ALPHABET CLASS AIn both
2.19%
6
META PLATFORMS CLASS AIn both
1.76%
7
ALPHABET CLASS CIn both
1.73%
8
BROADCOM INCIn both
1.72%
9
MICRON TECHNOLOGYIn both
1.37%
10
TESLA INC
1.12%
Compare every published holding of HMWA and IWDA in the overlap checker

Sectors and countries

Largest sectors of HMWA

  1. Information Technology30.0%
  2. Financials16.4%
  3. Industrials11.1%
  4. Health Care9.2%
  5. Consumer Discretionary8.8%
  6. Communication Services7.9%
+ 4 more

Largest sectors of IWDA

  1. Information Technology32.0%
  2. Financials15.6%
  3. Industrials10.8%
  4. Health Care9.1%
  5. Consumer Discretionary8.3%
  6. Communication8.2%
+ 4 more

Largest countries of HMWA

  1. United States72.5%
  2. Japan5.8%
  3. United Kingdom3.3%
  4. Canada3.3%
  5. Germany2.5%
  6. Switzerland2.5%
+ 4 more

Largest countries of IWDA

  1. United States73.0%
  2. Japan6.0%
  3. Other5.0%
  4. United Kingdom3.3%
  5. Canada3.3%
  6. France2.2%
+ 4 more

Frequently asked questions

What is the difference between HMWA and IWDA?

HMWA (HSBC MSCI WORLD UCITS ETF USD (Acc), IE000UQND7H4) and IWDA (iShares Core MSCI World UCITS ETF, IE00B4L5Y983) both track the MSCI World index. HMWA has the lower total expense ratio (TER): 0.15% a year against 0.20% for IWDA, 0.05 percentage points less, or about 5 a year on 10,000 invested. HMWA and IWDA both reinvest their income (accumulating share classes). HMWA and IWDA both hold the index securities directly (physical replication). Both are domiciled in Ireland. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, HMWA or IWDA?

HMWA has the lower total expense ratio (TER): 0.15% a year against 0.20% for IWDA, 0.05 percentage points less, or about 5 a year on 10,000 invested. Their key information documents state ongoing charges of 0.15% for HMWA and 0.20% for IWDA.

Which is bigger, HMWA or IWDA?

IWDA is the larger fund, with USD 152.1bn in assets against USD 19,262,909,151 for HMWA, about 7.9 times the size.

Do HMWA and IWDA hold the same companies?

8 of the holdings published by HMWA (top 10) and IWDA (top 10) appear in both lists; measured on those published positions only, the overlap is at least 26.3%. Shared holdings include NVIDIA Corp, Apple Inc, Microsoft Corp, Alphabet Inc Class A and Amazon.com Inc.

How have HMWA and IWDA performed?

Over 3 years, HMWA returned +20.4% a year and IWDA +21.6% a year. Over the past year, HMWA returned +20.9% and IWDA +14.6%. Past performance does not predict future returns.

Are HMWA and IWDA accumulating or distributing?

HMWA is accumulating: it reinvests its income in the fund. IWDA is accumulating: it reinvests its income in the fund.

Go further

Other comparisons

Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.