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DBJP vs. HEWJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


DBJPHEWJ
YTD Return20.28%20.02%
1Y Return29.57%29.52%
3Y Return (Ann)17.69%17.55%
5Y Return (Ann)17.42%17.19%
10Y Return (Ann)11.26%11.26%
Sharpe Ratio1.881.90
Daily Std Dev14.32%14.32%
Max Drawdown-31.30%-31.53%
Current Drawdown-2.34%-2.24%

Correlation

-0.50.00.51.01.0

The correlation between DBJP and HEWJ is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

DBJP vs. HEWJ - Performance Comparison

The year-to-date returns for both stocks are quite close, with DBJP having a 20.28% return and HEWJ slightly lower at 20.02%. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: DBJP at 11.26% and HEWJ at 11.26%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


160.00%170.00%180.00%190.00%200.00%210.00%220.00%2024FebruaryMarchAprilMayJune
215.64%
216.19%
DBJP
HEWJ

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Xtrackers MSCI Japan Hedged Equity ETF

iShares Currency Hedged MSCI Japan ETF

DBJP vs. HEWJ - Expense Ratio Comparison

DBJP has a 0.46% expense ratio, which is lower than HEWJ's 0.49% expense ratio.


HEWJ
iShares Currency Hedged MSCI Japan ETF
Expense ratio chart for HEWJ: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
Expense ratio chart for DBJP: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%

Risk-Adjusted Performance

DBJP vs. HEWJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Japan Hedged Equity ETF (DBJP) 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.


DBJP
Sharpe ratio
The chart of Sharpe ratio for DBJP, currently valued at 1.88, compared to the broader market0.002.004.006.001.88
Sortino ratio
The chart of Sortino ratio for DBJP, currently valued at 2.70, compared to the broader market0.005.0010.002.70
Omega ratio
The chart of Omega ratio for DBJP, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.003.501.32
Calmar ratio
The chart of Calmar ratio for DBJP, currently valued at 3.48, compared to the broader market0.005.0010.0015.0020.003.48
Martin ratio
The chart of Martin ratio for DBJP, currently valued at 10.64, compared to the broader market0.0020.0040.0060.0080.00100.00120.0010.64
HEWJ
Sharpe ratio
The chart of Sharpe ratio for HEWJ, currently valued at 1.90, compared to the broader market0.002.004.006.001.90
Sortino ratio
The chart of Sortino ratio for HEWJ, currently valued at 2.69, compared to the broader market0.005.0010.002.69
Omega ratio
The chart of Omega ratio for HEWJ, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.003.501.32
Calmar ratio
The chart of Calmar ratio for HEWJ, currently valued at 3.65, compared to the broader market0.005.0010.0015.0020.003.65
Martin ratio
The chart of Martin ratio for HEWJ, currently valued at 10.80, compared to the broader market0.0020.0040.0060.0080.00100.00120.0010.80

DBJP vs. HEWJ - Sharpe Ratio Comparison

The current DBJP Sharpe Ratio is 1.88, which roughly equals the HEWJ Sharpe Ratio of 1.90. The chart below compares the 12-month rolling Sharpe Ratio of DBJP and HEWJ.


Rolling 12-month Sharpe Ratio2.002.503.003.502024FebruaryMarchAprilMayJune
1.88
1.90
DBJP
HEWJ

Dividends

DBJP vs. HEWJ - Dividend Comparison

DBJP's dividend yield for the trailing twelve months is around 3.13%, more than HEWJ's 1.69% yield.


TTM20232022202120202019201820172016201520142013
DBJP
Xtrackers MSCI Japan Hedged Equity ETF
3.13%5.21%0.80%2.30%2.53%2.56%3.87%2.07%1.13%5.95%10.53%1.84%
HEWJ
iShares Currency Hedged MSCI Japan ETF
1.69%2.02%47.68%2.03%1.20%2.77%1.37%1.21%1.88%3.25%2.15%0.00%

Drawdowns

DBJP vs. HEWJ - Drawdown Comparison

The maximum DBJP drawdown since its inception was -31.30%, roughly equal to the maximum HEWJ drawdown of -31.53%. Use the drawdown chart below to compare losses from any high point for DBJP and HEWJ. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%2024FebruaryMarchAprilMayJune
-2.34%
-2.24%
DBJP
HEWJ

Volatility

DBJP vs. HEWJ - Volatility Comparison

Xtrackers MSCI Japan Hedged Equity ETF (DBJP) has a higher volatility of 4.11% compared to iShares Currency Hedged MSCI Japan ETF (HEWJ) at 3.87%. This indicates that DBJP'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.


2.00%2.50%3.00%3.50%4.00%4.50%5.00%5.50%2024FebruaryMarchAprilMayJune
4.11%
3.87%
DBJP
HEWJ