HEWG vs. FLJH
Compare and contrast key facts about iShares Currency Hedged MSCI Germany ETF (HEWG) and Franklin FTSE Japan Hedged ETF (FLJH).
HEWG and FLJH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HEWG is a passively managed fund by iShares that tracks the performance of the MSCI Germany 100% Hedged to USD Index. It was launched on Jan 31, 2014. FLJH is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Japan RIC Capped Hedged to USD Net Tax Index. It was launched on Nov 2, 2017. Both HEWG and FLJH 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: HEWG or FLJH.
Correlation
The correlation between HEWG and FLJH 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.
Performance
HEWG vs. FLJH - Performance Comparison
Key characteristics
Returns By Period
HEWG
N/A
N/A
N/A
N/A
N/A
N/A
FLJH
23.28%
0.87%
3.12%
24.65%
15.48%
N/A
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HEWG vs. FLJH - Expense Ratio Comparison
HEWG has a 0.53% expense ratio, which is higher than FLJH's 0.09% expense ratio.
Risk-Adjusted Performance
HEWG vs. FLJH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI Germany ETF (HEWG) and Franklin FTSE Japan Hedged ETF (FLJH). 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
HEWG vs. FLJH - Dividend Comparison
HEWG has not paid dividends to shareholders, while FLJH's dividend yield for the trailing twelve months is around 5.17%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|
iShares Currency Hedged MSCI Germany ETF | 5.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Franklin FTSE Japan Hedged ETF | 5.17% | 25.59% | 26.67% | 1.29% | 0.00% | 0.00% | 5.92% | 0.05% | 0.00% | 0.00% |
Drawdowns
HEWG vs. FLJH - Drawdown Comparison
Volatility
HEWG vs. FLJH - Volatility Comparison
The current volatility for iShares Currency Hedged MSCI Germany ETF (HEWG) is 0.00%, while Franklin FTSE Japan Hedged ETF (FLJH) has a volatility of 4.88%. This indicates that HEWG experiences smaller price fluctuations and is considered to be less risky than FLJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.