HEWG vs. VONG
Compare and contrast key facts about iShares Currency Hedged MSCI Germany ETF (HEWG) and Vanguard Russell 1000 Growth ETF (VONG).
HEWG and VONG 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. VONG is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Growth Index. It was launched on Sep 20, 2010. Both HEWG and VONG 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 VONG.
Key characteristics
HEWG | VONG |
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Correlation
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.
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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.
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.
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%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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
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.