iShares Currency Hedged MSCI Japan ETF (HEWJ)
HEWJ is a passive ETF by iShares tracking the investment results of the MSCI Japan 100% Hedged to USD Index. HEWJ launched on Jan 31, 2014 and has a 0.49% expense ratio.
ETF Info
US46434V8862
46434V886
Jan 31, 2014
Developed Asia Pacific (Japan)
1x
MSCI Japan 100% Hedged to USD Index
Large-Cap
Blend
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Currency Hedged MSCI Japan ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares Currency Hedged MSCI Japan ETF had a return of 21.15% year-to-date (YTD) and 21.39% in the last 12 months. Over the past 10 years, iShares Currency Hedged MSCI Japan ETF had an annualized return of 10.11%, while the S&P 500 had an annualized return of 11.13%, indicating that iShares Currency Hedged MSCI Japan ETF did not perform as well as the benchmark.
HEWJ
21.15%
0.82%
1.03%
21.39%
14.71%
10.11%
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of HEWJ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 7.88% | 6.72% | 4.63% | -1.21% | 2.65% | 2.35% | -2.86% | -0.45% | -2.08% | 0.97% | 21.15% | ||
| 2023 | 7.34% | 0.14% | 2.70% | 3.36% | 3.48% | 8.93% | 1.64% | -0.26% | 0.83% | -0.15% | 4.42% | -0.64% | 36.21% |
| 2022 | -4.29% | -1.90% | 3.65% | -1.84% | 1.11% | -2.32% | 4.96% | -0.42% | -4.71% | 5.34% | 4.30% | -7.38% | -4.39% |
| 2021 | 0.56% | 3.47% | 4.31% | -2.80% | 2.25% | 0.44% | -1.85% | 2.03% | 3.99% | -0.27% | -3.79% | 4.20% | 12.79% |
| 2020 | -2.67% | -8.73% | -7.14% | 4.85% | 7.36% | 0.33% | -3.16% | 6.86% | 1.53% | -2.10% | 10.26% | 4.37% | 10.29% |
| 2019 | 6.48% | 2.61% | 0.33% | 2.08% | -7.51% | 4.37% | 0.60% | -2.93% | 6.97% | 3.63% | 2.79% | 0.51% | 20.79% |
| 2018 | 1.92% | -4.97% | -0.65% | 2.65% | -1.79% | -0.28% | 2.17% | -0.95% | 5.84% | -9.14% | 1.51% | -10.71% | -14.68% |
| 2017 | 0.11% | 0.93% | -0.21% | 0.82% | 2.34% | 3.04% | 0.05% | -0.17% | 4.23% | 6.46% | 1.37% | 0.87% | 21.47% |
| 2016 | -4.53% | -11.80% | 4.64% | -5.74% | 7.64% | -8.82% | 3.48% | 3.28% | 0.32% | 4.12% | 7.29% | 1.38% | -1.02% |
| 2015 | 0.00% | 9.39% | 1.83% | 2.30% | 5.27% | -2.73% | 2.06% | -8.45% | -6.69% | 8.33% | 2.52% | -3.63% | 8.87% |
| 2014 | 4.91% | -1.28% | -3.27% | 3.60% | 4.90% | 1.44% | -0.83% | 4.95% | 4.68% | 1.96% | -1.74% | 20.55% |
Expense Ratio
HEWJ features an expense ratio of 0.49%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HEWJ is 34, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Currency Hedged MSCI Japan ETF (HEWJ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Currency Hedged MSCI Japan ETF provided a 1.92% dividend yield over the last twelve months, with an annual payout of $0.81 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.81 | $0.71 | $12.47 | $0.81 | $0.43 | $0.92 | $0.39 | $0.40 | $0.52 | $0.93 | $0.58 |
Dividend yield | 1.92% | 2.03% | 47.67% | 2.03% | 1.20% | 2.78% | 1.37% | 1.21% | 1.88% | 3.25% | 2.15% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Currency Hedged MSCI Japan ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.71 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.00 | $0.00 | $12.12 | $12.47 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.81 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.43 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.92 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.39 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.40 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.52 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $0.93 |
| 2014 | $0.17 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.58 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Currency Hedged MSCI Japan ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Currency Hedged MSCI Japan ETF was 31.53%, occurring on Mar 16, 2020. Recovery took 166 trading sessions.
The current iShares Currency Hedged MSCI Japan ETF drawdown is 7.79%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.53% | Feb 7, 2020 | 26 | Mar 16, 2020 | 166 | Nov 9, 2020 | 192 |
| -29.58% | Aug 11, 2015 | 222 | Jun 27, 2016 | 325 | Oct 10, 2017 | 547 |
| -21.57% | Jan 24, 2018 | 232 | Dec 24, 2018 | 281 | Feb 6, 2020 | 513 |
| -20.9% | Jul 11, 2024 | 19 | Aug 6, 2024 | — | — | — |
| -16.02% | Sep 14, 2021 | 122 | Mar 8, 2022 | 182 | Nov 25, 2022 | 304 |
Volatility
Volatility Chart
The current iShares Currency Hedged MSCI Japan ETF volatility is 4.76%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.