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 0.06, 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:
4.06
HEWJ:
0.24
1310.HK:
2.68
HEWJ:
0.41
1310.HK:
1.45
HEWJ:
1.06
1310.HK:
1.08
HEWJ:
0.22
1310.HK:
10.27
HEWJ:
0.59
1310.HK:
8.35%
HEWJ:
7.94%
1310.HK:
33.40%
HEWJ:
25.38%
1310.HK:
-79.55%
HEWJ:
-31.53%
1310.HK:
-51.70%
HEWJ:
-4.12%
Returns By Period
In the year-to-date period, 1310.HK achieves a -0.20% return, which is significantly lower than HEWJ's 0.94% return. Over the past 10 years, 1310.HK has underperformed HEWJ with an annualized return of -0.44%, while HEWJ has yielded a comparatively higher 9.13% annualized return.
1310.HK
-0.20%
0.59%
41.43%
128.43%
-11.65%
-0.44%
HEWJ
0.94%
16.74%
1.73%
6.04%
18.64%
9.13%
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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 6.16%, more than HEWJ's 2.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
1310.HK HKBN Ltd | 6.16% | 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 | 2.18% | 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 1.98%, while iShares Currency Hedged MSCI Japan ETF (HEWJ) has a volatility of 11.96%. 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.