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HEEM vs. HEWJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HEEM and HEWJ is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

HEEM vs. HEWJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) and iShares Currency Hedged MSCI Japan ETF (HEWJ). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
1.88%
2.71%
HEEM
HEWJ

Key characteristics

Sharpe Ratio

HEEM:

0.96

HEWJ:

1.22

Sortino Ratio

HEEM:

1.45

HEWJ:

1.62

Omega Ratio

HEEM:

1.18

HEWJ:

1.23

Calmar Ratio

HEEM:

0.57

HEWJ:

1.17

Martin Ratio

HEEM:

3.98

HEWJ:

3.72

Ulcer Index

HEEM:

3.52%

HEWJ:

6.59%

Daily Std Dev

HEEM:

14.53%

HEWJ:

20.06%

Max Drawdown

HEEM:

-34.02%

HEWJ:

-31.53%

Current Drawdown

HEEM:

-10.85%

HEWJ:

-6.17%

Returns By Period

In the year-to-date period, HEEM achieves a 12.70% return, which is significantly lower than HEWJ's 23.28% return. Over the past 10 years, HEEM has underperformed HEWJ with an annualized return of 4.49%, while HEWJ has yielded a comparatively higher 10.19% annualized return.


HEEM

YTD

12.70%

1M

-0.34%

6M

1.81%

1Y

16.21%

5Y*

3.56%

10Y*

4.49%

HEWJ

YTD

23.28%

1M

1.35%

6M

2.56%

1Y

25.41%

5Y*

14.50%

10Y*

10.19%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


HEEM vs. HEWJ - Expense Ratio Comparison

HEEM has a 0.68% expense ratio, which is higher than HEWJ's 0.49% expense ratio.


HEEM
iShares Currency Hedged MSCI Emerging Markets ETF
Expense ratio chart for HEEM: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for HEWJ: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%

Risk-Adjusted Performance

HEEM vs. HEWJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) and iShares Currency Hedged MSCI Japan ETF (HEWJ). 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.


Sharpe ratio
The chart of Sharpe ratio for HEEM, currently valued at 0.96, compared to the broader market0.002.004.000.961.22
The chart of Sortino ratio for HEEM, currently valued at 1.45, compared to the broader market-2.000.002.004.006.008.0010.001.451.62
The chart of Omega ratio for HEEM, currently valued at 1.18, compared to the broader market0.501.001.502.002.503.001.181.23
The chart of Calmar ratio for HEEM, currently valued at 0.57, compared to the broader market0.005.0010.0015.000.571.17
The chart of Martin ratio for HEEM, currently valued at 3.98, compared to the broader market0.0020.0040.0060.0080.00100.003.983.72
HEEM
HEWJ

The current HEEM Sharpe Ratio is 0.96, which is comparable to the HEWJ Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of HEEM and HEWJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.96
1.22
HEEM
HEWJ

Dividends

HEEM vs. HEWJ - Dividend Comparison

HEEM's dividend yield for the trailing twelve months is around 2.38%, more than HEWJ's 1.89% yield.


TTM2023202220212020201920182017201620152014
HEEM
iShares Currency Hedged MSCI Emerging Markets ETF
2.38%2.75%7.49%1.19%1.49%3.04%2.37%2.05%1.84%6.28%2.04%
HEWJ
iShares Currency Hedged MSCI Japan ETF
1.89%2.03%47.67%2.03%1.20%2.78%1.37%1.21%1.88%3.25%2.15%

Drawdowns

HEEM vs. HEWJ - Drawdown Comparison

The maximum HEEM drawdown since its inception was -34.02%, which is greater than HEWJ's maximum drawdown of -31.53%. Use the drawdown chart below to compare losses from any high point for HEEM and HEWJ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.85%
-6.17%
HEEM
HEWJ

Volatility

HEEM vs. HEWJ - Volatility Comparison

The current volatility for iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) is 3.47%, while iShares Currency Hedged MSCI Japan ETF (HEWJ) has a volatility of 4.99%. This indicates that HEEM experiences smaller price fluctuations and is considered to be less risky than HEWJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
3.47%
4.99%
HEEM
HEWJ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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