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HEWG vs. EWG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

HEWG vs. EWG - Performance Comparison

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

5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
6.51%
11.06%
HEWG
EWG

Returns By Period


HEWG

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

EWG

YTD

9.45%

1M

-3.06%

6M

0.67%

1Y

15.15%

5Y (annualized)

4.43%

10Y (annualized)

3.46%

Key characteristics


HEWGEWG

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HEWG vs. EWG - Expense Ratio Comparison

HEWG has a 0.53% expense ratio, which is higher than EWG's 0.49% expense ratio.


HEWG
iShares Currency Hedged MSCI Germany ETF
Expense ratio chart for HEWG: current value at 0.53% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.53%
Expense ratio chart for EWG: 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%

Correlation

The correlation between HEWG and EWG is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.0

Risk-Adjusted Performance

HEWG vs. EWG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI Germany ETF (HEWG) and iShares MSCI Germany ETF (EWG). 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
No data
HEWG
EWG


Chart placeholderNot enough data

Dividends

HEWG vs. EWG - Dividend Comparison

HEWG has not paid dividends to shareholders, while EWG's dividend yield for the trailing twelve months is around 2.40%.


TTM20232022202120202019201820172016201520142013
HEWG
iShares Currency Hedged MSCI Germany ETF
5.76%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EWG
iShares MSCI Germany ETF
2.40%2.56%3.24%2.70%2.10%2.51%2.93%2.06%2.35%1.93%2.30%1.37%

Drawdowns

HEWG vs. EWG - Drawdown Comparison


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-6.51%
HEWG
EWG

Volatility

HEWG vs. EWG - Volatility Comparison

The current volatility for iShares Currency Hedged MSCI Germany ETF (HEWG) is 0.00%, while iShares MSCI Germany ETF (EWG) has a volatility of 5.54%. This indicates that HEWG experiences smaller price fluctuations and is considered to be less risky than EWG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember0
5.54%
HEWG
EWG
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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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