HEDJ vs. FLGB
Compare and contrast key facts about WisdomTree Europe Hedged Equity Fund (HEDJ) and Franklin FTSE United Kingdom ETF (FLGB).
HEDJ and FLGB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. FLGB is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE UK RIC Capped Index. It was launched on Nov 2, 2017. Both HEDJ and FLGB 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. FLGB - Performance Comparison
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HEDJ vs. FLGB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEDJ WisdomTree Europe Hedged Equity Fund | -0.45% | 23.55% | 5.28% | 26.89% | -10.09% | 23.54% | -3.35% | 27.50% | -9.27% | -4.08% |
FLGB Franklin FTSE United Kingdom ETF | 4.65% | 33.73% | 8.77% | 14.33% | -6.00% | 17.14% | -9.47% | 23.23% | -11.60% | 1.12% |
Returns By Period
In the year-to-date period, HEDJ achieves a -0.45% return, which is significantly lower than FLGB's 4.65% return.
HEDJ
- 1D
- 0.99%
- 1M
- -3.98%
- YTD
- -0.45%
- 6M
- 4.12%
- 1Y
- 12.61%
- 3Y*
- 11.82%
- 5Y*
- 10.49%
- 10Y*
- 10.28%
FLGB
- 1D
- 1.61%
- 1M
- -3.89%
- YTD
- 4.65%
- 6M
- 10.11%
- 1Y
- 27.84%
- 3Y*
- 18.04%
- 5Y*
- 12.16%
- 10Y*
- —
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HEDJ vs. FLGB - Expense Ratio Comparison
HEDJ has a 0.58% expense ratio, which is higher than FLGB's 0.09% expense ratio.
Return for Risk
HEDJ vs. FLGB — Risk / Return Rank
HEDJ
FLGB
HEDJ vs. FLGB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Hedged Equity Fund (HEDJ) and Franklin FTSE United Kingdom ETF (FLGB). 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 | FLGB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.67 | 1.66 | -0.99 |
Sortino ratioReturn per unit of downside risk | 1.06 | 2.23 | -1.17 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.34 | -0.19 |
Calmar ratioReturn relative to maximum drawdown | 1.08 | 2.35 | -1.27 |
Martin ratioReturn relative to average drawdown | 4.09 | 10.37 | -6.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HEDJ | FLGB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 1.66 | -0.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.74 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.42 | +0.03 |
Correlation
The correlation between HEDJ and FLGB is 0.72, 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. FLGB - Dividend Comparison
HEDJ's dividend yield for the trailing twelve months is around 1.64%, less than FLGB's 3.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEDJ WisdomTree Europe Hedged Equity Fund | 1.64% | 1.63% | 3.28% | 3.31% | 2.83% | 2.08% | 2.65% | 1.82% | 2.73% | 2.27% | 2.74% | 9.43% |
FLGB Franklin FTSE United Kingdom ETF | 3.34% | 3.50% | 4.42% | 3.95% | 4.23% | 2.93% | 2.67% | 4.30% | 3.92% | 0.43% | 0.00% | 0.00% |
Drawdowns
HEDJ vs. FLGB - Drawdown Comparison
The maximum HEDJ drawdown since its inception was -38.18%, smaller than the maximum FLGB drawdown of -42.61%. Use the drawdown chart below to compare losses from any high point for HEDJ and FLGB.
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Drawdown Indicators
| HEDJ | FLGB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.18% | -42.61% | +4.43% |
Max Drawdown (1Y)Largest decline over 1 year | -12.20% | -11.86% | -0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -22.17% | -25.90% | +3.73% |
Max Drawdown (10Y)Largest decline over 10 years | -38.18% | — | — |
Current DrawdownCurrent decline from peak | -6.60% | -5.13% | -1.47% |
Average DrawdownAverage peak-to-trough decline | -5.96% | -6.75% | +0.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.24% | 2.69% | +0.55% |
Volatility
HEDJ vs. FLGB - Volatility Comparison
WisdomTree Europe Hedged Equity Fund (HEDJ) and Franklin FTSE United Kingdom ETF (FLGB) have volatilities of 6.41% and 6.64%, 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.
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Volatility by Period
| HEDJ | FLGB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 6.64% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 10.76% | 10.32% | +0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.04% | 16.88% | +2.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.48% | 16.47% | +0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.34% | 18.98% | -0.64% |