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.
Key characteristics
| 1310.HK | HEWJ | |
|---|---|---|
| YTD Return | -14.04% | 17.56% |
| 1Y Return | -45.07% | 43.85% |
| 3Y Return (Ann) | -30.68% | 17.41% |
| 5Y Return (Ann) | -21.45% | 15.52% |
| Sharpe Ratio | -1.00 | 2.76 |
| Daily Std Dev | 41.66% | 15.28% |
| Max Drawdown | -77.85% | -31.53% |
| Current Drawdown | -74.00% | -3.12% |
Correlation
The correlation between 1310.HK and HEWJ is 0.07, 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
In the year-to-date period, 1310.HK achieves a -14.04% return, which is significantly lower than HEWJ's 17.56% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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 13.33%, more than HEWJ's 1.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
1310.HK HKBN Ltd | 13.33% | 11.46% | 11.93% | 7.99% | 6.25% | 5.36% | 4.71% | 4.55% | 4.70% | 2.00% | 0.00% |
HEWJ iShares Currency Hedged MSCI Japan ETF | 1.72% | 2.02% | 47.68% | 2.03% | 1.20% | 2.77% | 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 -77.85%, 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
HKBN Ltd (1310.HK) has a higher volatility of 9.85% compared to iShares Currency Hedged MSCI Japan ETF (HEWJ) at 3.94%. This indicates that 1310.HK's price experiences larger fluctuations and is considered to be riskier than HEWJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.