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.
Performance
HEDJ vs. VGK - Performance Comparison
Returns By Period
In the year-to-date period, HEDJ achieves a 2.72% return, which is significantly higher than VGK's 2.48% return. Over the past 10 years, HEDJ has outperformed VGK with an annualized return of 7.77%, while VGK has yielded a comparatively lower 4.84% annualized return.
HEDJ
2.72%
-2.98%
-7.35%
8.33%
7.30%
7.77%
VGK
2.48%
-5.82%
-5.01%
9.07%
6.05%
4.84%
Key characteristics
| HEDJ | VGK | |
|---|---|---|
| Sharpe Ratio | 0.67 | 0.71 |
| Sortino Ratio | 0.99 | 1.04 |
| Omega Ratio | 1.12 | 1.12 |
| Calmar Ratio | 0.73 | 0.93 |
| Martin Ratio | 1.84 | 3.03 |
| Ulcer Index | 4.81% | 3.06% |
| Daily Std Dev | 13.25% | 13.12% |
| Max Drawdown | -38.18% | -63.61% |
| Current Drawdown | -9.23% | -9.97% |
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. VGK - Expense Ratio Comparison
HEDJ has a 0.58% expense ratio, which is higher than VGK's 0.08% expense ratio.
Correlation
The correlation between HEDJ and VGK is 0.81, 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.
Risk-Adjusted Performance
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 3.05%, less than VGK's 3.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEDJ WisdomTree Europe Hedged Equity Fund | 3.05% | 3.31% | 2.83% | 2.08% | 2.65% | 1.82% | 2.73% | 2.27% | 2.97% | 9.44% | 5.83% | 1.85% |
VGK Vanguard FTSE Europe ETF | 3.14% | 3.15% | 3.25% | 3.05% | 2.11% | 3.27% | 3.95% | 2.70% | 3.52% | 3.25% | 4.62% | 2.77% |
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
The current volatility for WisdomTree Europe Hedged Equity Fund (HEDJ) is 3.93%, while Vanguard FTSE Europe ETF (VGK) has a volatility of 4.22%. This indicates that HEDJ experiences smaller price fluctuations and is considered to be less risky than VGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.