FLJH vs. HEWG
Compare and contrast key facts about Franklin FTSE Japan Hedged ETF (FLJH) and iShares Currency Hedged MSCI Germany ETF (HEWG).
FLJH and HEWG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLJH is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Japan RIC Capped Hedged to USD Net Tax Index. It was launched on Nov 2, 2017. HEWG is a passively managed fund by iShares that tracks the performance of the MSCI Germany 100% Hedged to USD Index. It was launched on Jan 31, 2014. Both FLJH and HEWG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLJH or HEWG.
Key characteristics
| FLJH | HEWG |
|---|
Correlation
The correlation between FLJH and HEWG is 0.02, 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
FLJH vs. HEWG - Performance Comparison
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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FLJH vs. HEWG - Expense Ratio Comparison
FLJH has a 0.09% expense ratio, which is lower than HEWG's 0.53% expense ratio.
Risk-Adjusted Performance
FLJH vs. HEWG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Japan Hedged ETF (FLJH) and iShares Currency Hedged MSCI Germany ETF (HEWG). 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.
Not enough dataDividends
FLJH vs. HEWG - Dividend Comparison
FLJH's dividend yield for the trailing twelve months is around 22.69%, while HEWG has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLJH Franklin FTSE Japan Hedged ETF | 22.69% | 25.59% | 26.67% | 1.29% | 0.00% | 0.00% | 5.92% | 0.05% | 0.00% | 0.00% |
HEWG iShares Currency Hedged MSCI Germany ETF | 5.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FLJH vs. HEWG - Drawdown Comparison
Volatility
FLJH vs. HEWG - Volatility Comparison
Franklin FTSE Japan Hedged ETF (FLJH) has a higher volatility of 4.35% compared to iShares Currency Hedged MSCI Germany ETF (HEWG) at 0.00%. This indicates that FLJH's price experiences larger fluctuations and is considered to be riskier than HEWG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.