1310.HK vs. HEWJ
Compare and contrast key facts about HKBN Ltd (1310.HK) and iShares Currency Hedged MSCI Japan ETF (HEWJ).
HEWJ is a passively managed fund by iShares that tracks the performance of the MSCI Japan 100% Hedged to USD Index. It was launched on Jan 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 1310.HK or HEWJ.
Correlation
The correlation between 1310.HK and HEWJ is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
1310.HK vs. HEWJ - Performance Comparison
Key characteristics
1310.HK:
1.97
HEWJ:
0.75
1310.HK:
2.42
HEWJ:
1.07
1310.HK:
1.36
HEWJ:
1.15
1310.HK:
1.01
HEWJ:
0.73
1310.HK:
5.71
HEWJ:
2.24
1310.HK:
14.12%
HEWJ:
6.84%
1310.HK:
41.14%
HEWJ:
20.44%
1310.HK:
-79.55%
HEWJ:
-31.53%
1310.HK:
-50.09%
HEWJ:
-4.86%
Returns By Period
In the year-to-date period, 1310.HK achieves a 3.13% return, which is significantly higher than HEWJ's 0.16% return.
1310.HK
3.13%
3.53%
130.96%
78.86%
-11.01%
N/A
HEWJ
0.16%
-0.23%
20.27%
14.72%
14.60%
10.30%
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Risk-Adjusted Performance
1310.HK vs. HEWJ — Risk-Adjusted Performance Rank
1310.HK
HEWJ
1310.HK vs. HEWJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HKBN Ltd (1310.HK) and iShares Currency Hedged MSCI Japan ETF (HEWJ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
1310.HK vs. HEWJ - Dividend Comparison
1310.HK's dividend yield for the trailing twelve months is around 5.97%, more than HEWJ's 2.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
1310.HK HKBN Ltd | 5.97% | 6.15% | 11.46% | 11.93% | 7.99% | 6.29% | 5.36% | 4.71% | 4.55% | 4.70% | 2.00% | 0.00% |
HEWJ iShares Currency Hedged MSCI Japan ETF | 2.20% | 2.20% | 2.03% | 47.67% | 2.03% | 1.20% | 2.78% | 1.37% | 1.21% | 1.88% | 3.25% | 2.15% |
Drawdowns
1310.HK vs. HEWJ - Drawdown Comparison
The maximum 1310.HK drawdown since its inception was -79.55%, which is greater than HEWJ's maximum drawdown of -31.53%. Use the drawdown chart below to compare losses from any high point for 1310.HK and HEWJ. For additional features, visit the drawdowns tool.
Volatility
1310.HK vs. HEWJ - Volatility Comparison
The current volatility for HKBN Ltd (1310.HK) is 1.84%, while iShares Currency Hedged MSCI Japan ETF (HEWJ) has a volatility of 4.97%. This indicates that 1310.HK experiences smaller price fluctuations and is considered to be less risky than HEWJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.