# HSBC MSCI World UCITS ETF USD (HMWO) **Source:** https://fundology.uk/fund/hmwo · ISIN IE00B4X9L533 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, HMWO (HSBC MSCI World UCITS ETF USD, ISIN IE00B4X9L533) closed at £37.36 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 30/09/2026 its total return was +79.3%, or +40.2% after UK CPIH inflation. ## Summary HSBC MSCI World UCITS ETF USD is an exchange-traded fund (ETF) from HSBC, launched in 2010. It tracks the MSCI World Index — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.15% a year — about £15 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£37.36** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | HMWO | | ISIN | IE00B4X9L533 | | Category | Global shares | | Type | ETF | | Provider | HSBC | | Tracks | MSCI World Index | | Income | Distributing | | Ongoing charge | 0.15% a year (£15 per £10,000) | | Fund size | £9.1bn | | Launched | 2010 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +17.68% | +13.99% | income reinvested | | 3 years | +65.62% | +49.45% | income reinvested | | 5 years | +79.32% | +40.18% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of HSBC MSCI World UCITS ETF USD in pounds (price only, income paid out not included): 2022 −10.0%, 2023 +15.8%, 2024 +19.4%, 2025 +10.9%; 2026 to 30/09/2026 +12.5%. Returns of HSBC MSCI World UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +16.8%; to 30/09/2025: +14.4%; to 30/09/2024: +18.3%; to 30/09/2023: +8.3%; to 30/09/2022: −3.9%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -10.0% | -17.6% | Price | | 2023 | +15.8% | +11.2% | Price | | 2024 | +19.4% | +15.3% | Price | | 2025 | +10.9% | +7.1% | Price | | 2026 to 30/09/2026 | +12.5% | +9.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 11.73% | -6.54% | | 3 years | 12.11% | -16.11% | | 5 years | 12.73% | -16.11% | ## Largest fall Volatility of HSBC MSCI World UCITS ETF USD in pounds, annualised from weekly returns to 30/09/2026: 11.7% over 1 year, 12.1% over 3 years, 12.7% over 5 years. Largest fall in the price of HSBC MSCI World UCITS ETF USD since October 2021, in pounds: −16.1% from 31/01/2025 to 04/04/2025. The lowest 12-month return of HSBC MSCI World UCITS ETF USD in pounds (price only, income paid out not included) since January 2021 was −10.2% (12 months to 16/12/2022); the highest was +30.9% (12 months to 17/04/2026). On 30/09/2026 the price of HSBC MSCI World UCITS ETF USD was 0.4% below its highest weekly close since October 2021 (25/09/2026), in pounds. ## Charges compared with similar funds Ongoing charge of HSBC MSCI World UCITS ETF USD 0.15% a year, as of 01/10/2026: 171 of the 211 other global share funds charge more, 9 the same and 31 less (share classes counted once). ## Funds tracking the same index 26 funds track MSCI World Index, this one included and share classes counted once; their ongoing charges range from 0.05% to 0.50% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi Core MSCI World UCITS ETF Accum USD | 0.13% | +17.7% | — | — | | Amundi Index Solutions SICAV - Amundi Core MSCI World Swap UCITS ETF D- | 0.20% | +17.7% | +65.8% | — | | Amundi MSCI World Swap -UCITS ETF- Capitalisation | 0.38% | +17.2% | +63.9% | +76.4% | | Amundi MSCI World Swap II UCITS ETF Act -Dist- | 0.30% | +17.7% | +65.7% | +78.7% | | Amundi MSCI World Swap II UCITS ETF Act -Monthly Hedged to EUR - Dist- | 0.30% | +13.2% | +69.2% | +61.2% | | BNP Paribas Easy ICAV - BNP Paribas Easy MSCI World UCITS ETF Accum-CAP- USD | 0.10% | +14.1% | — | — | | BNP Paribas Easy SICAV - MSCI World II Capitalisation -UCITS ETF- | — | — | — | — | | HSBC MSCI WORLD UCITS ETF | 0.17% | +17.7% | +28.4% | — | | HSBC MSCI World UCITS ETF USD (this fund) | 0.15% | +17.7% | +65.6% | +79.3% | | Invesco Markets PLC - Invesco MSCI World UCITS ETF USD | 0.05% | — | — | — | | Invesco MSCI World UCITS ETF | 0.05% | +17.8% | +61.1% | +76.0% | | iShares Core MSCI World UCITS ETF | 0.20% | +17.6% | +65.3% | +78.7% | | iShares Core MSCI World UCITS ETF Hedged GBP | 0.30% | +16.9% | +77.7% | +76.0% | | iShares III PLC - iShares Core MSCI World UCITS ETF USD | 0.20% | +17.6% | +28.2% | — | | Ishares Msci World Swap Ucits Etf | 0.12% | +17.9% | — | — | | iShares MSCI World UCITS ETF USD (Dist) | 0.50% | +17.2% | +63.9% | +76.1% | | iShares VI PLC - iShares MSCI World Swap UCITS ETF AccumHedged GBP | 0.13% | — | — | — | | State Street SPDR MSCI World UCITS ETF - USD | 0.12% | — | — | — | | State Street SPDR MSCI World UCITS ETF Accum Shs USD | 0.12% | +17.8% | +65.9% | +79.9% | | UBS (Lux) Fund Solutions SICAV - UBS MSCI World UCITS ETF -USD dis- Distribution | 0.30% | +17.4% | +64.3% | +76.6% | | Xtrackers MSCI World Swap UCITS ETF | 0.19% | +17.8% | +66.1% | +28.6% | | Xtrackers MSCI WORLD SWAP UCITS ETF Capitalisation 1C | 0.45% | +17.1% | +64.9% | +75.9% | | Xtrackers MSCI WORLD SWAP UCITS ETF Capitalisation 4C | 0.39% | +13.2% | +69.3% | +61.0% | | Xtrackers MSCI World UCITS ETF | 0.12% | +17.9% | +65.5% | +77.4% | | Xtrackers MSCI World UCITS ETF | 0.12% | +17.9% | +65.7% | +77.7% | | Xtrackers MSCI World UCITS ETF | 0.29% | +17.5% | +79.0% | +73.7% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.15%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 28/09/2026): | Holding | Weight | |---|---| | NVIDIA | 5.77% | | Apple | 5.44% | | Capital Cash Ctrl | 4.43% | | Microsoft | 3.94% | | Amazon | 2.61% | | Alphabet · Class A | 2.20% | | Alphabet · Class C | 1.74% | | Broadcom | 1.73% | | Meta Platforms · Class A | 1.72% | | Micron Technology | 1.31% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By country Added up from the holdings HSBC publishes, as of 28/09/2026. | Country | Weight | |---|---| | United States | 72.4% | | Japan | 5.8% | | United Kingdom | 3.4% | | Canada | 3.3% | | Germany | 2.5% | | Switzerland | 2.5% | | France | 2.0% | | Australia | 1.5% | | Other countries | 6.6% | | Not classified | 6.3% | All 1,166 holdings: https://fundology.uk/fund/hmwo/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.