Same index

HSBC MSCI World vs UBS MSCI World

HSBC MSCI World and UBS MSCI World both track MSCI World. Before fees, they should perform almost identically — so the annual fee (TER) is the single biggest factor separating what you'll actually end up with.

Comparison

HSBC MSCI WorldUBS MSCI World
TER0.15%0.14%
Hist. return*~8%~8%
ISINIE000UQND7H4IE00BD4TXV59
ReplicationPhysicalPhysical
DistributionAccumulatingAccumulating
DomicileIrlandaLuxemburgo

The real cost: TER compounded

Contributing €300/month over the same years to both funds, here's the final wealth:

HorizonHSBC MSCI WorldUBS MSCI WorldDifference
10 years€54,783€54,814€31
20 years€174,583€174,801€218
30 years€436,562€437,450€887

UBS MSCI World ends up with more wealth at all three horizons, purely thanks to its lower fee.

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Frequently asked questions

What's the real difference between HSBC MSCI World and UBS MSCI World?+

Both track MSCI World, so the expected gross return is the same. The difference is the fee: 0.15% for HSBC MSCI World vs 0.14% for UBS MSCI World.

Which one is cheaper over the long run?+

With €300/month over 20 years, UBS MSCI World would end up with roughly €218 more, purely from the lower fee compounding over time.

Can I have both at the same time?+

Yes, nothing stops you — but since they track the same index, holding both mostly adds complexity (two lines to rebalance) without real diversification.

Does a lower TER always mean it's the better choice?+

Usually yes for two funds tracking the identical index, but also check replication method, distribution policy (accumulating vs distributing) and where you can actually buy it before deciding.

* Indicative long-term annualized historical return of the benchmark index, not the fund. Always check the up-to-date TER, risk and data in the official factsheet linked. Past returns do not guarantee future returns.

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