# HSBC MSCI WORLD UCITS ETF (HMWS)

**Source:** https://fundology.uk/fund/hmws · ISIN IE000UQND7H4 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (HSBC), 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 01/10/2026, HMWS (HSBC MSCI WORLD UCITS ETF, ISIN IE000UQND7H4) closed at £36.05 on the London Stock Exchange. Its ongoing charge is 0.17% a year (about £17 on £10,000). Over the three years to 01/10/2026 its total return was +27.9%, or +15.4% after UK CPIH inflation.

## Summary

HSBC MSCI WORLD UCITS ETF is an exchange-traded fund (ETF) from HSBC, launched in 2022. 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 0.17% a year — about £17 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£36.05** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | HMWS |
| ISIN | IE000UQND7H4 |
| Category | Global shares |
| Type | ETF |
| Provider | HSBC |
| Tracks | MSCI World Index |
| Income | Accumulating |
| Ongoing charge | 0.17% a year (£17 per £10,000) |
| Fund size | £1.4bn |
| Launched | 2022 |
| Domicile | Ireland |

## Past returns (periods to 01/10/2026)

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 | +16.87% | +13.20% | income reinvested |
| 3 years | +27.89% | +15.40% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of HSBC MSCI WORLD UCITS ETF 0.17% a year, as of 02/10/2026: 166 of the 212 other global share funds charge more, 2 the same and 44 less (share classes counted once).

## Funds tracking the same index

30 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 (01/10/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Core MSCI World UCITS ETF Accum USD | 0.13% | +16.9% | — | — |
| Amundi Index Solutions SICAV - Amundi Core MSCI World Swap UCITS ETF D- | 0.20% | +16.9% | +64.5% | — |
| Amundi MSCI World Swap -UCITS ETF- Capitalisation | 0.38% | +16.4% | +62.6% | +74.4% |
| Amundi MSCI World Swap II UCITS ETF Act -Dist- | 0.30% | +16.6% | +63.9% | +76.6% |
| Amundi MSCI World Swap II UCITS ETF Act -Monthly Hedged to EUR - Dist- | 0.30% | +13.5% | +69.0% | +61.8% |
| 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 (this fund) | 0.17% | +16.9% | +27.9% | — |
| HSBC MSCI World UCITS ETF USD | 0.15% | +16.9% | +64.3% | +77.3% |
| Invesco Markets PLC - Invesco MSCI World UCITS ETF USD | 0.05% | — | — | — |
| Invesco MSCI World UCITS ETF | 0.05% | +16.9% | +64.3% | +77.2% |
| iShares Core MSCI World UCITS ETF | 0.20% | +16.8% | +64.0% | +76.7% |
| iShares Core MSCI World UCITS ETF Hedged GBP | 0.30% | +16.3% | +77.9% | +75.6% |
| iShares III PLC - iShares Core MSCI World UCITS ETF USD | 0.20% | +16.8% | +27.7% | — |
| Ishares Msci World Swap Ucits Etf | 0.12% | +17.1% | — | — |
| iShares MSCI World UCITS ETF USD (Dist) | 0.50% | +16.4% | +62.5% | +74.1% |
| 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% | +17.0% | +64.5% | +77.9% |
| UBS (Irl) ETF PLC - UBS Core MSCI World UCITS ETF A- Hedged GBP | 0.09% | +16.5% | — | — |
| UBS (Irl) ETF PLC - UBS Core MSCI World UCITS ETF Accum A Hedged GBP | 0.09% | +10.3% | — | — |
| UBS (Lux) Fund Solutions SICAV - UBS MSCI World UCITS ETF -USD dis- Distribution | 0.30% | +16.6% | +63.0% | +74.6% |
| UBS Core MSCI World UCITS ETF Accum Shs -A- USD | 0.06% | +17.0% | +64.7% | +76.8% |
| UBS Core MSCI World UCITS ETF Class -A- USD | 0.06% | +17.0% | +64.7% | +76.7% |
| Xtrackers MSCI World Swap UCITS ETF | 0.19% | +17.0% | +64.8% | +28.1% |
| Xtrackers MSCI WORLD SWAP UCITS ETF Capitalisation 1C | 0.45% | +17.2% | +66.2% | +77.6% |
| Xtrackers MSCI WORLD SWAP UCITS ETF Capitalisation 4C | 0.39% | +13.5% | +69.2% | +61.6% |
| Xtrackers MSCI World UCITS ETF | 0.12% | +16.9% | +64.1% | +76.8% |
| Xtrackers MSCI World UCITS ETF | 0.12% | +16.9% | +64.3% | +77.1% |
| Xtrackers MSCI World UCITS ETF | 0.29% | +16.4% | +78.9% | +76.3% |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.17%** per year
- ISA eligible: yes
- SIPP eligible: yes

## What it holds

As of 28/09/2026, HMWS holds 1,166 positions, according to the holdings HSBC publishes. The largest is NVIDIA at 5.77% of the fund; the ten largest make up 30.9%.

### Top holdings

Largest positions (as of 28/09/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 5.77% |
| 2 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 5.44% |
| 3 | Capital Cash Ctrl | — | 4.43% |
| 4 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 3.94% |
| 5 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 2.61% |
| 6 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 2.20% |
| 7 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 1.74% |
| 8 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 1.73% |
| 9 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 1.72% |
| 10 | Micron Technology | [MU](https://fundology.uk/stock/MU) | 1.31% |

Source: HSBC, holdings as published, as of 28/09/2026.

## 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 | 6.5% |
| Not classified | 6.3% |

All 1,166 holdings: https://fundology.uk/fund/hmws/holdings

## Questions people ask

**What is the ongoing charge of HMWS?**

The ongoing charge of HMWS is 0.17% a year — about £17 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of HSBC MSCI WORLD UCITS ETF 0.17% a year, as of 02/10/2026: 166 of the 212 other global share funds charge more, 2 the same and 44 less (share classes counted once).

**What does HMWS track?**

HMWS tracks the MSCI World Index — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US.

**Is HMWS accumulating or distributing?**

HMWS is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of HMWS?**

The ISIN of HMWS is IE000UQND7H4. An ISIN identifies one exact share class of a fund; HMWS is its ticker on the London Stock Exchange.

**What does HMWS hold?**

As of 28/09/2026, HMWS holds 1,166 positions, according to the holdings HSBC publishes. The largest is NVIDIA at 5.77% of the fund; the ten largest make up 30.9%. Its ten largest holdings are 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%) and Micron Technology (1.31%).

**How has HMWS done after inflation?**

Over the three years to 01/10/2026 HMWS’s total return was +27.9%, or +15.4% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.