ETF comparison

HMWD vs SWRD

HSBC MSCI WORLD UCITS ETF
IE00B4X9L533HSBC
State Street® SPDR® MSCI World UCITS ETF (Acc)
IE00BFY0GT14State Street
Figures as of 46294-01-01 (HMWD) · October 2, 2026 (SWRD)

The comparison in short

HMWD (HSBC MSCI WORLD UCITS ETF, IE00B4X9L533) and SWRD (State Street® SPDR® MSCI World UCITS ETF (Acc), IE00BFY0GT14) both track the MSCI World index. SWRD has the lower total expense ratio (TER): 0.12% a year against 0.15% for HMWD, 0.03 percentage points less, or about 3 a year on 10,000 invested. SWRD is the larger fund, with USD 22.5bn in assets against USD 19,262,909,151 for HMWD. HMWD reports 1,303 holdings and SWRD 1,241. 8 of the holdings published by HMWD (top 10) and SWRD (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 5 years, HMWD returned +11.4% a year and SWRD +12.1% a year. SWRD reinvests its income (accumulating), while HMWD pays it out (distributing). HMWD and SWRD both hold the index securities directly (physical replication). Both are domiciled in Ireland. HMWD carries a risk indicator (SRRI) of 5 and SWRD of 4, on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureHMWDSWRD
ISINIE00B4X9L533IE00BFY0GT14
Exchange tickersHMWD, HMWO, H4ZJSWRD, SWLD, SPPW
Fund houseHSBCState Street
Total expense ratio (TER)0.15%0.12%
Ongoing charges (KID)0.15%0.12%
Fund sizeUSD 19,262,909,151USD 22.5bn
Launch dateDecember 8, 2010February 28, 2019
ReplicationPhysicalPhysical
DomicileIrelandIreland
Distribution policyDistributingAccumulating
Share class currencyUSDUSD
Number of holdings1,3031,241
Risk indicator (SRRI)5 / 74 / 7
Benchmark100% MSCI World NetMSCI World Index

Performance

Annualised returns

PeriodHMWDSWRDDifference
1 year+20.9%+15.4%+5.5
3 years+20.3%+22.0%−1.7
5 years+11.4%+12.1%−0.7
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 SWRD (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 SWRD

#HoldingWeight
1
NVIDIA CorporationIn both
5.88%
2
Apple Inc.In both
5.38%
3
Microsoft CorporationIn both
4.01%
4
Amazon.com Inc.In both
2.66%
5
Alphabet Inc. Class AIn both
2.20%
6
Meta Platforms Inc Class AIn both
1.76%
7
Alphabet Inc. Class CIn both
1.73%
8
Broadcom Inc.In both
1.72%
9
Micron Technology Inc.In both
1.37%
10
Tesla Inc.
1.12%
Compare every published holding of HMWD and SWRD 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 sectors of SWRD

  1. Information Technology32.1%
  2. Financials15.6%
  3. Industrials10.8%
  4. Health Care9.1%
  5. Consumer Discretionary8.4%
  6. Communication Services8.2%
+ 5 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

Largest countries of SWRD

  1. United States73.3%
  2. Japan6.0%
  3. United Kingdom3.4%
  4. Canada3.3%
  5. France2.2%
  6. Switzerland2.1%
+ 4 more

Frequently asked questions

What is the difference between HMWD and SWRD?

HMWD (HSBC MSCI WORLD UCITS ETF, IE00B4X9L533) and SWRD (State Street® SPDR® MSCI World UCITS ETF (Acc), IE00BFY0GT14) both track the MSCI World index. SWRD has the lower total expense ratio (TER): 0.12% a year against 0.15% for HMWD, 0.03 percentage points less, or about 3 a year on 10,000 invested. SWRD reinvests its income (accumulating), while HMWD pays it out (distributing). HMWD and SWRD 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, HMWD or SWRD?

SWRD has the lower total expense ratio (TER): 0.12% a year against 0.15% for HMWD, 0.03 percentage points less, or about 3 a year on 10,000 invested. Their key information documents state ongoing charges of 0.15% for HMWD and 0.12% for SWRD.

Which is bigger, HMWD or SWRD?

SWRD is the larger fund, with USD 22.5bn in assets against USD 19,262,909,151 for HMWD.

Do HMWD and SWRD hold the same companies?

8 of the holdings published by HMWD (top 10) and SWRD (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 SWRD performed?

Over 5 years, HMWD returned +11.4% a year and SWRD +12.1% a year. Over the past year, HMWD returned +20.9% and SWRD +15.4%. Past performance does not predict future returns.

Are HMWD and SWRD accumulating or distributing?

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