ETF comparison

HMWD vs UBU7

HSBC MSCI WORLD UCITS ETF
IE00B4X9L533HSBC
UBS Core MSCI World UCITS ETF USD dis
IE00B7KQ7B66UBS Asset Management
Figures as of 46294-01-01 (HMWD) · October 1, 2026 (UBU7)

The comparison in short

HMWD (HSBC MSCI WORLD UCITS ETF, IE00B4X9L533) and UBU7 (UBS Core MSCI World UCITS ETF USD dis, IE00B7KQ7B66) both track the MSCI World index. UBU7 has the lower total expense ratio (TER): 0.06% a year against 0.15% for HMWD, 0.09 percentage points less, or about 9 a year on 10,000 invested. HMWD is the larger fund, with USD 19,262,909,151 in assets against USD 17.8bn for UBU7. 8 of the holdings published by HMWD (top 10) and UBU7 (top 10) appear in both lists; measured on those published positions only, the overlap is at least 26.4%. Shared holdings include NVIDIA Corp, Apple Inc, Microsoft Corp, Alphabet Inc Class A and Amazon.com Inc. Over 10 years, HMWD returned +13.3% a year and UBU7 +12.8% a year. HMWD and UBU7 both pay out their income (distributing share classes). Both are domiciled in Ireland. HMWD carries a risk indicator (SRRI) of 5 and UBU7 of 4, on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureHMWDUBU7
ISINIE00B4X9L533IE00B7KQ7B66
Exchange tickersHMWD, HMWO, H4ZJUBU7, WRDD, WRDCHY
Fund houseHSBCUBS Asset Management
Total expense ratio (TER)0.15%0.06%
Ongoing charges (KID)0.15%0.06%
Fund sizeUSD 19,262,909,151USD 17.8bn
Launch dateDecember 8, 2010April 11, 2012
ReplicationPhysical—
DomicileIrelandIreland
Distribution policyDistributingDistributing
Share class currencyUSDUSD
Number of holdings1,303—
Risk indicator (SRRI)5 / 74 / 7
SFDR classification—Article 6
Benchmark100% MSCI World NetMSCI World Total Return Net

Performance

Annualised returns

PeriodHMWDUBU7Difference
1 year+20.9%+15.2%+5.7
3 years+20.3%+21.5%−1.2
5 years+11.4%+11.9%−0.5
10 years+13.3%+12.8%+0.5
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 HMWD (top 10) and UBU7 (top 10) appear in both lists; measured on those published positions only, the overlap is at least 26.4%. Shared holdings include NVIDIA Corp, Apple Inc, Microsoft Corp, Alphabet Inc Class A and Amazon.com Inc.

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%

Top 10 holdings of UBU7

#HoldingWeight
1
NVIDIA CORPIn both
5.86%
2
APPLE INCIn both
5.45%
3
MICROSOFT CORPIn both
4.04%
4
AMAZON.COM INCIn both
2.69%
5
ALPHABET INC-CL AIn both
2.25%
6
ALPHABET INC-CL CIn both
1.78%
7
META PLATFORMS INC-CLASS AIn both
1.77%
8
BROADCOM INCIn both
1.77%
9
MICRON TECHNOLOGY INCIn both
1.34%
10
TESLA INC
1.13%
Compare every published holding of HMWD and UBU7 in the overlap checker

Sectors and countries

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 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 HMWD and UBU7?

HMWD (HSBC MSCI WORLD UCITS ETF, IE00B4X9L533) and UBU7 (UBS Core MSCI World UCITS ETF USD dis, IE00B7KQ7B66) both track the MSCI World index. UBU7 has the lower total expense ratio (TER): 0.06% a year against 0.15% for HMWD, 0.09 percentage points less, or about 9 a year on 10,000 invested. HMWD and UBU7 both pay out their income (distributing share classes). Both are domiciled in Ireland. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, HMWD or UBU7?

UBU7 has the lower total expense ratio (TER): 0.06% a year against 0.15% for HMWD, 0.09 percentage points less, or about 9 a year on 10,000 invested. Their key information documents state ongoing charges of 0.15% for HMWD and 0.06% for UBU7.

Which is bigger, HMWD or UBU7?

HMWD is the larger fund, with USD 19,262,909,151 in assets against USD 17.8bn for UBU7.

Do HMWD and UBU7 hold the same companies?

8 of the holdings published by HMWD (top 10) and UBU7 (top 10) appear in both lists; measured on those published positions only, the overlap is at least 26.4%. Shared holdings include NVIDIA Corp, Apple Inc, Microsoft Corp, Alphabet Inc Class A and Amazon.com Inc.

How have HMWD and UBU7 performed?

Over 10 years, HMWD returned +13.3% a year and UBU7 +12.8% a year. Over the past year, HMWD returned +20.9% and UBU7 +15.2%. Past performance does not predict future returns.

Are HMWD and UBU7 accumulating or distributing?

HMWD is distributing: it pays its income out to investors. UBU7 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.