HEDJ vs. BTMKX
Compare and contrast key facts about WisdomTree Europe Hedged Equity Fund (HEDJ) and iShares MSCI EAFE International Index Fund (BTMKX).
HEDJ is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Europe Hedged Equity Index. It was launched on Dec 31, 2009. BTMKX is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Index. It was launched on Apr 1, 2011. Both HEDJ and BTMKX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HEDJ vs. BTMKX - Performance Comparison
Loading graphics...
HEDJ vs. BTMKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEDJ WisdomTree Europe Hedged Equity Fund | -1.43% | 23.55% | 5.28% | 26.89% | -10.09% | 23.54% | -3.35% | 27.50% | -9.27% | 13.51% |
BTMKX iShares MSCI EAFE International Index Fund | -1.91% | 31.70% | 3.70% | 18.37% | -14.04% | 11.30% | 8.07% | 21.96% | -13.38% | 25.17% |
Returns By Period
In the year-to-date period, HEDJ achieves a -1.43% return, which is significantly higher than BTMKX's -1.91% return. Over the past 10 years, HEDJ has outperformed BTMKX with an annualized return of 10.18%, while BTMKX has yielded a comparatively lower 8.60% annualized return.
HEDJ
- 1D
- 2.35%
- 1M
- -6.79%
- YTD
- -1.43%
- 6M
- 3.77%
- 1Y
- 12.14%
- 3Y*
- 11.45%
- 5Y*
- 10.27%
- 10Y*
- 10.18%
BTMKX
- 1D
- 0.32%
- 1M
- -10.83%
- YTD
- -1.91%
- 6M
- 2.37%
- 1Y
- 19.63%
- 3Y*
- 13.45%
- 5Y*
- 7.95%
- 10Y*
- 8.60%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HEDJ vs. BTMKX - Expense Ratio Comparison
HEDJ has a 0.58% expense ratio, which is higher than BTMKX's 0.05% expense ratio.
Return for Risk
HEDJ vs. BTMKX — Risk / Return Rank
HEDJ
BTMKX
HEDJ vs. BTMKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Hedged Equity Fund (HEDJ) and iShares MSCI EAFE International Index Fund (BTMKX). 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.
| HEDJ | BTMKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.64 | 1.09 | -0.45 |
Sortino ratioReturn per unit of downside risk | 1.03 | 1.53 | -0.51 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.22 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.91 | 1.54 | -0.63 |
Martin ratioReturn relative to average drawdown | 3.47 | 5.89 | -2.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HEDJ | BTMKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 1.09 | -0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.50 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.52 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.35 | +0.10 |
Correlation
The correlation between HEDJ and BTMKX is 0.79, 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.
Dividends
HEDJ vs. BTMKX - Dividend Comparison
HEDJ's dividend yield for the trailing twelve months is around 1.65%, less than BTMKX's 3.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEDJ WisdomTree Europe Hedged Equity Fund | 1.65% | 1.63% | 3.28% | 3.31% | 2.83% | 2.08% | 2.65% | 1.82% | 2.73% | 2.27% | 2.74% | 9.43% |
BTMKX iShares MSCI EAFE International Index Fund | 3.82% | 3.74% | 3.43% | 3.19% | 2.80% | 3.06% | 1.99% | 3.34% | 4.58% | 2.45% | 2.85% | 2.42% |
Drawdowns
HEDJ vs. BTMKX - Drawdown Comparison
The maximum HEDJ drawdown since its inception was -38.18%, which is greater than BTMKX's maximum drawdown of -33.92%. Use the drawdown chart below to compare losses from any high point for HEDJ and BTMKX.
Loading graphics...
Drawdown Indicators
| HEDJ | BTMKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.18% | -33.92% | -4.26% |
Max Drawdown (1Y)Largest decline over 1 year | -12.25% | -11.30% | -0.95% |
Max Drawdown (5Y)Largest decline over 5 years | -22.17% | -29.23% | +7.06% |
Max Drawdown (10Y)Largest decline over 10 years | -38.18% | -33.92% | -4.26% |
Current DrawdownCurrent decline from peak | -7.52% | -10.88% | +3.36% |
Average DrawdownAverage peak-to-trough decline | -5.96% | -7.82% | +1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.22% | 2.96% | +0.26% |
Volatility
HEDJ vs. BTMKX - Volatility Comparison
WisdomTree Europe Hedged Equity Fund (HEDJ) and iShares MSCI EAFE International Index Fund (BTMKX) have volatilities of 6.94% and 7.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HEDJ | BTMKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.94% | 7.07% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 10.74% | 10.81% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.04% | 16.98% | +2.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.48% | 15.95% | +0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.34% | 16.58% | +1.76% |