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

Correlation

The correlation between HEWG and HEWJ is 0.01, 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

Performance

HEWG vs. HEWJ - Performance Comparison

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

-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%SeptemberOctoberNovemberDecember2025February0
6.12%
HEWG
HEWJ

Key characteristics

Returns By Period


HEWG

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

HEWJ

YTD

0.59%

1M

2.63%

6M

6.12%

1Y

11.36%

5Y*

15.40%

10Y*

9.72%

*Annualized

Compare stocks, funds, or ETFs

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


HEWG vs. HEWJ - Expense Ratio Comparison

HEWG has a 0.53% expense ratio, which is higher than HEWJ'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 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

HEWG vs. HEWJ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HEWG
The Risk-Adjusted Performance Rank of HEWG is 4444
Overall Rank
The Sharpe Ratio Rank of HEWG is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of HEWG is 4040
Sortino Ratio Rank
The Omega Ratio Rank of HEWG is 3737
Omega Ratio Rank
The Calmar Ratio Rank of HEWG is 5757
Calmar Ratio Rank
The Martin Ratio Rank of HEWG is 4343
Martin Ratio Rank

HEWJ
The Risk-Adjusted Performance Rank of HEWJ is 2121
Overall Rank
The Sharpe Ratio Rank of HEWJ is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of HEWJ is 1818
Sortino Ratio Rank
The Omega Ratio Rank of HEWJ is 2121
Omega Ratio Rank
The Calmar Ratio Rank of HEWJ is 2727
Calmar Ratio Rank
The Martin Ratio Rank of HEWJ is 1919
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HEWG vs. HEWJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI Germany ETF (HEWG) 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 HEWG, currently valued at 1.16, compared to the broader market0.002.004.001.160.61
No data
HEWG
HEWJ


Rolling 12-month Sharpe Ratio0.600.700.800.901.001.101.2006 AM12 PM06 PMThu 1306 AM12 PM06 PMFri 14
1.16
0.61
HEWG
HEWJ

Dividends

HEWG vs. HEWJ - Dividend Comparison

HEWG has not paid dividends to shareholders, while HEWJ's dividend yield for the trailing twelve months is around 2.19%.


TTM20242023202220212020201920182017201620152014
HEWG
iShares Currency Hedged MSCI Germany ETF
5.75%5.75%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HEWJ
iShares Currency Hedged MSCI Japan ETF
2.19%2.20%2.03%47.67%2.03%1.20%2.78%1.37%1.21%1.88%3.25%2.15%

Drawdowns

HEWG vs. HEWJ - Drawdown Comparison


-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2025February0
-4.46%
HEWG
HEWJ

Volatility

HEWG vs. HEWJ - Volatility Comparison

The current volatility for iShares Currency Hedged MSCI Germany ETF (HEWG) is 0.00%, while iShares Currency Hedged MSCI Japan ETF (HEWJ) has a volatility of 4.39%. This indicates that HEWG 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.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%SeptemberOctoberNovemberDecember2025February0
4.39%
HEWG
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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