ETF comparison

IWDA vs HMWD

iShares Core MSCI World UCITS ETF
IE00B4L5Y983iShares
HSBC MSCI WORLD UCITS ETF
IE00B4X9L533HSBC
Figures as of October 1, 2026 (IWDA) · 46294-01-01 (HMWD)

The comparison in short

IWDA (iShares Core MSCI World UCITS ETF, IE00B4L5Y983) and HMWD (HSBC MSCI WORLD UCITS ETF, IE00B4X9L533) both track the MSCI World index. HMWD 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 HMWD, about 7.9 times the size. IWDA reports 1,250 holdings and HMWD 1,303. 8 of the holdings published by IWDA (top 10) and HMWD (top 10) appear in both lists; measured on those published positions only, the overlap is at least 26.3%. Shared holdings include NVIDIA, APPLE, MICROSOFT, ALPHABET CLASS A and AMAZON.COM INC. Over 10 years, IWDA returned +12.9% a year and HMWD +13.3% a year. IWDA reinvests its income (accumulating), while HMWD pays it out (distributing). IWDA and HMWD both hold the index securities directly (physical replication). Both are domiciled in Ireland. IWDA carries a risk indicator (SRRI) of 4 and HMWD of 5, on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureIWDAHMWD
ISINIE00B4L5Y983IE00B4X9L533
Exchange tickersIWDA, SWDA, EUNLHMWD, HMWO, H4ZJ
Fund houseiSharesHSBC
Total expense ratio (TER)0.20%0.15%
Ongoing charges (KID)0.20%0.15%
Fund sizeUSD 152.1bnUSD 19,262,909,151
Launch dateSeptember 25, 2009December 8, 2010
ReplicationPhysicalPhysical
DomicileIrelandIreland
Distribution policyAccumulatingDistributing
Share class currencyUSDUSD
Number of holdings1,2501,303
Risk indicator (SRRI)4 / 75 / 7
SFDR classificationArticle 6—
BenchmarkMSCI World Index (Net)100% MSCI World Net

Performance

Annualised returns

PeriodIWDAHMWDDifference
1 year+14.6%+20.9%−6.3
3 years+21.6%+20.3%+1.3
5 years+11.8%+11.4%+0.4
10 years+12.9%+13.3%−0.4
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 IWDA (top 10) and HMWD (top 10) appear in both lists; measured on those published positions only, the overlap is at least 26.3%. Shared holdings include NVIDIA, APPLE, MICROSOFT, ALPHABET CLASS A and AMAZON.COM INC.

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%

Top 10 holdings of HMWD

#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%
Compare every published holding of IWDA and HMWD in the overlap checker

Sectors and countries

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 sectors of HMWD

  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 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

Largest countries of HMWD

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

Frequently asked questions

What is the difference between IWDA and HMWD?

IWDA (iShares Core MSCI World UCITS ETF, IE00B4L5Y983) and HMWD (HSBC MSCI WORLD UCITS ETF, IE00B4X9L533) both track the MSCI World index. HMWD 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 reinvests its income (accumulating), while HMWD pays it out (distributing). IWDA and HMWD 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, IWDA or HMWD?

HMWD 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 0.20% for IWDA and 0.15% for HMWD.

Which is bigger, IWDA or HMWD?

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

Do IWDA and HMWD hold the same companies?

8 of the holdings published by IWDA (top 10) and HMWD (top 10) appear in both lists; measured on those published positions only, the overlap is at least 26.3%. Shared holdings include NVIDIA, APPLE, MICROSOFT, ALPHABET CLASS A and AMAZON.COM INC.

How have IWDA and HMWD performed?

Over 10 years, IWDA returned +12.9% a year and HMWD +13.3% a year. Over the past year, IWDA returned +14.6% and HMWD +20.9%. Past performance does not predict future returns.

Are IWDA and HMWD accumulating or distributing?

IWDA is accumulating: it reinvests its income in the fund. HMWD is distributing: it pays its income out to investors.

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.