ETF · HSBC
HQIW HSBC Plus World Equity Income Quant Active UCITS ETF - USD
ISIN IE000KL4O2Z8London Stock Exchange: HQIWHSBC Holdings Plc
- Dividend & income
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£9.65
on
- Ongoing charge
- 0.29% a year
- Fund size
- £149m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, HQIW (HSBC Plus World Equity Income Quant Active UCITS ETF - USD, ISIN IE000KL4O2Z8) closed at £9.65 on the London Stock Exchange. Its ongoing charge is 0.29% a year (about £29 on £10,000). Over the year to 13/11/2026 its total return was +15.9%, or +11.8% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +15.9%
- +11.8% after inflation (UK CPIH)
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of HSBC Plus World Equity Income Quant Active UCITS ETF - USD in pounds (price only, income paid out not included): 2026 to 13/11/2026 +12.7%. Returns of HSBC Plus World Equity Income Quant Active UCITS ETF - USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +17.2%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +12.7% | +9.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +17.2% | +13.0% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
10.1%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since June 2025
- −5.7%
- From to
- Below its highest weekly close since June 2025
- 2.1%
- High of , latest
In words: Volatility of HSBC Plus World Equity Income Quant Active UCITS ETF - USD in pounds, annualised from weekly returns to 13/11/2026: 10.1% over 1 year. Largest fall in the price of HSBC Plus World Equity Income Quant Active UCITS ETF - USD since June 2025, in pounds: −5.7% from 27/02/2026 to 27/03/2026. On 13/11/2026 the price of HSBC Plus World Equity Income Quant Active UCITS ETF - USD was 2.1% below its highest weekly close since June 2025 (09/10/2026), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.29%
- a year
- On £10,000
- £29
- a year, roughly
- Over five years
- £144
- of £10,000, before growth
- 9 charge less
- 11 the same
- 89 charge more
Ongoing charge of HSBC Plus World Equity Income Quant Active UCITS ETF - USD 0.29% a year. Compared on 14/11/2026, 89 of the 109 other dividend and income funds charge more, 11 the same and 9 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
HSBC Plus World Equity Income Quant Active UCITS ETF - USD is an exchange-traded fund (ETF) from HSBC, launched in 2025.
It tracks the No Underlying Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.29% a year — about £29 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.
Dividend & income: Funds that pick companies paying regular dividends, or that aim to pay out an income.
Key facts
- Ticker
- HQIW
- ISIN
- IE000KL4O2Z8
- Also listed as
- HQWD (London Stock Exchange, US dollars), H415 (Xetra, euros)
- Provider
- HSBC
- Tracks
- No index — the manager chooses the holdings
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.29% a year · about £29 on £10,000
- Fund size
- £149m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Dividend & income
Price chart
Over the last year, the closing price went from £8.57 on 14/11/2025 to £9.65 on 13/11/2026 (+12.7%). The lowest close shown was £8.36 on 27/03/2026 and the highest £9.86 on 09/10/2026.
One close a week. Before 16/09/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
75 weekly closes, from 06/06/2025 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 309
- 317 reported in all
- Ten largest
- 24.5%
- of the whole fund
- Effective number of holdings
- 81
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 5.5%
- Apple
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | AppleAAPLUnited States | 5.54% |
| 2 | NVIDIANVDAUnited States | 5.34% |
| 3 | MicrosoftMSFTUnited States | 3.69% |
| 4 | AmazonAMZNUnited States | 2.37% |
| 5 | Alphabet · Class AGOOGLUnited States | 1.64% |
| 6 | Alphabet · Class CGOOGUnited States | 1.45% |
| 7 | TeslaTSLAUnited States | 1.20% |
| 8 | Advanced Micro DevicesAMDUnited States | 1.19% |
| 9 | BroadcomAVGOUnited States | 1.04% |
| 10 | Mastercard · Class AMAUnited States | 1.04% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By country
- United States71.3%
- Japan4.5%
- France2.8%
- United Kingdom2.6%
- Canada2.3%
- Switzerland2.2%
- Australia2.0%
- Germany1.9%
- Other countries10.2%
- Not classified0.2%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
More of the portfolio
The fund publishes 317 holdings; the ten largest make up 24.5% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Sector split
As a share of the whole fund. 98.7% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Electronic Technology20.1%
- Finance19.2%
- Technology Services13.4%
- Health Technology8.1%
- Retail Trade6.2%
- Consumer Non-Durables6.1%
- Producer Manufacturing4.9%
- Consumer Durables3.3%
- Other classified sectors17.4%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 year, from weekly returns in pounds.
With a free accountLargest falls and recoveries
The 3 largest falls since June 2025, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1 year among up to 19 dividend and income funds investing globally, not currency-hedged, highest first.
Pro
Pro — currently by invitation
Pro includes the rank among similar funds
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of HQIW?
The ongoing charge of HQIW is 0.29% a year — about £29 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 Plus World Equity Income Quant Active UCITS ETF - USD 0.29% a year. Compared on 14/11/2026, 89 of the 109 other dividend and income funds charge more, 11 the same and 9 less (share classes counted once).
Is HQIW accumulating or distributing?
HQIW is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.
What is the ISIN of HQIW?
The ISIN of HQIW is IE000KL4O2Z8. An ISIN identifies one exact share class of a fund; HQIW is its ticker on the London Stock Exchange. The same share class is also listed as HQWD (London Stock Exchange, US dollars) and H415 (Xetra, euros).
What does HQIW hold?
As of 06/11/2026, HQIW holds 317 positions, according to its published holdings. The largest is Apple at 5.54% of the fund; the ten largest make up 24.5%. Its ten largest holdings are Apple (5.54%), NVIDIA (5.34%), Microsoft (3.69%), Amazon (2.37%), Alphabet · Class A (1.64%), Alphabet · Class C (1.45%), Tesla (1.20%), Advanced Micro Devices (1.19%), Broadcom (1.04%) and Mastercard · Class A (1.04%).
What were HQIW’s returns in each of the last five years?
Calendar-year returns of HQIW in pounds (price only, income paid out not included): 2026 to 13/11/2026 +12.7%. Past performance is not a guide to future returns.
How has HQIW done after inflation?
Over the year to 13/11/2026 HQIW’s total return was +15.9%, or +11.8% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at HSBC Asset Management · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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