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

Key characteristics


HEWGVONG

Correlation

-0.50.00.51.0-0.0

The correlation between HEWG and VONG is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

HEWG vs. VONG - 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%JuneJulyAugustSeptemberOctoberNovember
0.15%
16.18%
HEWG
VONG

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HEWG vs. VONG - Expense Ratio Comparison

HEWG has a 0.53% expense ratio, which is higher than VONG's 0.08% 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 VONG: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

HEWG vs. VONG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI Germany ETF (HEWG) and Vanguard Russell 1000 Growth ETF (VONG). 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
VONG
Sharpe ratio
The chart of Sharpe ratio for VONG, currently valued at 2.56, compared to the broader market-2.000.002.004.006.002.56
Sortino ratio
The chart of Sortino ratio for VONG, currently valued at 3.28, compared to the broader market-2.000.002.004.006.008.0010.0012.003.28
Omega ratio
The chart of Omega ratio for VONG, currently valued at 1.47, compared to the broader market1.001.502.002.503.001.47
Calmar ratio
The chart of Calmar ratio for VONG, currently valued at 3.24, compared to the broader market0.005.0010.0015.003.24
Martin ratio
The chart of Martin ratio for VONG, currently valued at 12.81, compared to the broader market0.0020.0040.0060.0080.00100.00120.0012.81

HEWG vs. VONG - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

HEWG vs. VONG - Dividend Comparison

HEWG has not paid dividends to shareholders, while VONG's dividend yield for the trailing twelve months is around 0.59%.


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%
VONG
Vanguard Russell 1000 Growth ETF
0.59%0.71%0.98%0.58%0.77%1.03%1.18%1.19%1.48%1.47%1.43%1.28%

Drawdowns

HEWG vs. VONG - Drawdown Comparison


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.07%
HEWG
VONG

Volatility

HEWG vs. VONG - Volatility Comparison

The current volatility for iShares Currency Hedged MSCI Germany ETF (HEWG) is 0.00%, while Vanguard Russell 1000 Growth ETF (VONG) has a volatility of 5.03%. This indicates that HEWG experiences smaller price fluctuations and is considered to be less risky than VONG 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%JuneJulyAugustSeptemberOctoberNovember0
5.03%
HEWG
VONG