HEDJ vs. VGK
Compare and contrast key facts about WisdomTree Europe Hedged Equity Fund (HEDJ) and Vanguard FTSE Europe ETF (VGK).
HEDJ and VGK 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. VGK is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Europe Index. It was launched on Mar 4, 2005. Both HEDJ and VGK 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: HEDJ or VGK.
Correlation
The correlation between HEDJ and VGK is 0.74, 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
HEDJ vs. VGK - Performance Comparison
Key characteristics
HEDJ:
0.27
VGK:
0.66
HEDJ:
0.57
VGK:
1.13
HEDJ:
1.07
VGK:
1.15
HEDJ:
0.36
VGK:
0.91
HEDJ:
0.94
VGK:
2.56
HEDJ:
6.04%
VGK:
5.08%
HEDJ:
19.04%
VGK:
17.81%
HEDJ:
-38.18%
VGK:
-63.61%
HEDJ:
-2.69%
VGK:
-0.26%
Returns By Period
In the year-to-date period, HEDJ achieves a 10.93% return, which is significantly lower than VGK's 17.21% return. Over the past 10 years, HEDJ has outperformed VGK with an annualized return of 7.66%, while VGK has yielded a comparatively lower 5.99% annualized return.
HEDJ
10.93%
6.17%
11.89%
5.11%
14.96%
7.66%
VGK
17.21%
9.93%
13.20%
11.58%
13.42%
5.99%
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HEDJ vs. VGK - Expense Ratio Comparison
HEDJ has a 0.58% expense ratio, which is higher than VGK's 0.08% expense ratio.
Risk-Adjusted Performance
HEDJ vs. VGK — Risk-Adjusted Performance Rank
HEDJ
VGK
HEDJ vs. VGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Hedged Equity Fund (HEDJ) and Vanguard FTSE Europe ETF (VGK). 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
HEDJ vs. VGK - Dividend Comparison
HEDJ's dividend yield for the trailing twelve months is around 2.96%, less than VGK's 2.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEDJ WisdomTree Europe Hedged Equity Fund | 2.96% | 3.28% | 3.31% | 2.83% | 2.08% | 2.65% | 1.82% | 2.73% | 2.27% | 2.97% | 9.44% | 5.83% |
VGK Vanguard FTSE Europe ETF | 2.99% | 3.61% | 3.15% | 3.25% | 3.05% | 2.11% | 3.27% | 3.95% | 2.70% | 3.52% | 3.25% | 4.62% |
Drawdowns
HEDJ vs. VGK - Drawdown Comparison
The maximum HEDJ drawdown since its inception was -38.18%, smaller than the maximum VGK drawdown of -63.61%. Use the drawdown chart below to compare losses from any high point for HEDJ and VGK. For additional features, visit the drawdowns tool.
Volatility
HEDJ vs. VGK - Volatility Comparison
WisdomTree Europe Hedged Equity Fund (HEDJ) has a higher volatility of 7.34% compared to Vanguard FTSE Europe ETF (VGK) at 4.53%. This indicates that HEDJ's price experiences larger fluctuations and is considered to be riskier than VGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.