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

Key characteristics


HEWGVNQ

Correlation

-0.50.00.51.00.1

The correlation between HEWG and VNQ is 0.14, 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. VNQ - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
0.15%
18.09%
HEWG
VNQ

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HEWG vs. VNQ - Expense Ratio Comparison

HEWG has a 0.53% expense ratio, which is higher than VNQ's 0.12% 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 VNQ: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Risk-Adjusted Performance

HEWG vs. VNQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI Germany ETF (HEWG) and Vanguard Real Estate ETF (VNQ). 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.


HEWG
Sharpe ratio
No data
VNQ
Sharpe ratio
The chart of Sharpe ratio for VNQ, currently valued at 1.83, compared to the broader market-2.000.002.004.006.001.83
Sortino ratio
The chart of Sortino ratio for VNQ, currently valued at 2.62, compared to the broader market0.005.0010.002.62
Omega ratio
The chart of Omega ratio for VNQ, currently valued at 1.33, compared to the broader market1.001.502.002.503.001.33
Calmar ratio
The chart of Calmar ratio for VNQ, currently valued at 1.01, compared to the broader market0.005.0010.0015.001.01
Martin ratio
The chart of Martin ratio for VNQ, currently valued at 7.04, compared to the broader market0.0020.0040.0060.0080.00100.007.04

HEWG vs. VNQ - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

HEWG vs. VNQ - Dividend Comparison

HEWG has not paid dividends to shareholders, while VNQ's dividend yield for the trailing twelve months is around 3.80%.


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%
VNQ
Vanguard Real Estate ETF
3.80%3.95%3.91%2.56%3.93%3.39%4.74%4.23%4.82%3.92%3.60%4.32%

Drawdowns

HEWG vs. VNQ - Drawdown Comparison


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-2.31%
HEWG
VNQ

Volatility

HEWG vs. VNQ - Volatility Comparison

The current volatility for iShares Currency Hedged MSCI Germany ETF (HEWG) is 0.00%, while Vanguard Real Estate ETF (VNQ) has a volatility of 5.30%. This indicates that HEWG experiences smaller price fluctuations and is considered to be less risky than VNQ 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
5.30%
HEWG
VNQ