HEWJ vs. 1310.HK
Compare and contrast key facts about iShares Currency Hedged MSCI Japan ETF (HEWJ) and HKBN Ltd (1310.HK).
HEWJ is a passively managed fund by iShares that tracks the performance of the MSCI Japan 100% Hedged to USD Index. It was launched on Jan 31, 2014.
Performance
HEWJ vs. 1310.HK - Performance Comparison
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HEWJ vs. 1310.HK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEWJ iShares Currency Hedged MSCI Japan ETF | 9.72% | 30.25% | 24.80% | 36.21% | -4.39% | 12.79% | 10.29% | 20.79% | -14.68% | 21.47% |
1310.HK HKBN Ltd | 25.98% | 27.99% | 59.89% | -23.76% | -42.96% | -14.64% | -2.15% | 16.48% | 25.97% | 21.02% |
Different Trading Currencies
HEWJ is traded in USD, while 1310.HK is traded in HKD. To make them comparable, the 1310.HK values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HEWJ achieves a 9.72% return, which is significantly lower than 1310.HK's 25.98% return. Over the past 10 years, HEWJ has outperformed 1310.HK with an annualized return of 15.43%, while 1310.HK has yielded a comparatively lower 4.54% annualized return.
HEWJ
- 1D
- 2.74%
- 1M
- -2.87%
- YTD
- 9.72%
- 6M
- 23.14%
- 1Y
- 46.23%
- 3Y*
- 30.07%
- 5Y*
- 19.05%
- 10Y*
- 15.43%
1310.HK
- 1D
- -0.84%
- 1M
- 6.24%
- YTD
- 25.98%
- 6M
- 7.31%
- 1Y
- 58.08%
- 3Y*
- 19.59%
- 5Y*
- 0.27%
- 10Y*
- 4.54%
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Return for Risk
HEWJ vs. 1310.HK — Risk / Return Rank
HEWJ
1310.HK
HEWJ vs. 1310.HK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI Japan ETF (HEWJ) and HKBN Ltd (1310.HK). 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.
| HEWJ | 1310.HK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.94 | 0.74 | +1.20 |
Sortino ratioReturn per unit of downside risk | 2.63 | 2.34 | +0.29 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.50 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 3.77 | 2.07 | +1.71 |
Martin ratioReturn relative to average drawdown | 14.33 | 4.06 | +10.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HEWJ | 1310.HK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.94 | 0.74 | +1.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.01 | 0.01 | +1.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 0.12 | +0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.13 | +0.53 |
Correlation
The correlation between HEWJ and 1310.HK is 0.08, 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.
Dividends
HEWJ vs. 1310.HK - Dividend Comparison
HEWJ's dividend yield for the trailing twelve months is around 4.65%, more than 1310.HK's 4.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEWJ iShares Currency Hedged MSCI Japan ETF | 4.65% | 5.10% | 2.20% | 2.02% | 47.68% | 2.03% | 1.20% | 2.78% | 1.37% | 1.21% | 1.88% | 3.25% |
1310.HK HKBN Ltd | 4.41% | 5.59% | 6.19% | 11.46% | 11.93% | 7.99% | 6.25% | 5.36% | 4.71% | 4.55% | 4.70% | 2.00% |
Drawdowns
HEWJ vs. 1310.HK - Drawdown Comparison
The maximum HEWJ drawdown since its inception was -31.53%, smaller than the maximum 1310.HK drawdown of -79.74%. Use the drawdown chart below to compare losses from any high point for HEWJ and 1310.HK.
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Drawdown Indicators
| HEWJ | 1310.HK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.53% | -79.55% | +48.02% |
Max Drawdown (1Y)Largest decline over 1 year | -11.99% | -27.58% | +15.59% |
Max Drawdown (5Y)Largest decline over 5 years | -20.90% | -75.13% | +54.23% |
Max Drawdown (10Y)Largest decline over 10 years | -31.53% | -79.55% | +48.02% |
Current DrawdownCurrent decline from peak | -4.49% | -21.77% | +17.28% |
Average DrawdownAverage peak-to-trough decline | -6.68% | -28.08% | +21.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 13.92% | -10.76% |
Volatility
HEWJ vs. 1310.HK - Volatility Comparison
iShares Currency Hedged MSCI Japan ETF (HEWJ) and HKBN Ltd (1310.HK) have volatilities of 7.97% and 8.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HEWJ | 1310.HK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.97% | 8.30% | -0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 14.91% | 29.56% | -14.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.99% | 80.90% | -56.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.02% | 49.97% | -30.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.00% | 39.51% | -19.51% |