HEWU vs. EWU
Compare and contrast key facts about iShares Currency Hedged MSCI United Kingdom ETF (HEWU) and iShares MSCI United Kingdom ETF (EWU).
HEWU and EWU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HEWU is a passively managed fund by iShares that tracks the performance of the MSCI United Kingdom 100% Hedged to USD Index. It was launched on Jun 29, 2015. EWU is a passively managed fund by iShares that tracks the performance of the MSCI United Kingdom Index. It was launched on Mar 12, 1996. Both HEWU and EWU 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: HEWU or EWU.
Correlation
The correlation between HEWU and EWU is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HEWU vs. EWU - Performance Comparison
Key characteristics
Returns By Period
HEWU
N/A
N/A
N/A
N/A
N/A
N/A
EWU
1.42%
2.11%
-1.16%
11.95%
3.95%
3.43%
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HEWU vs. EWU - Expense Ratio Comparison
Both HEWU and EWU have an expense ratio of 0.50%.
Risk-Adjusted Performance
HEWU vs. EWU — Risk-Adjusted Performance Rank
HEWU
EWU
HEWU vs. EWU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI United Kingdom ETF (HEWU) and iShares MSCI United Kingdom ETF (EWU). 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
HEWU vs. EWU - Dividend Comparison
HEWU has not paid dividends to shareholders, while EWU's dividend yield for the trailing twelve months is around 4.10%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEWU iShares Currency Hedged MSCI United Kingdom ETF | 0.00% | 0.00% | 2.41% | 1.57% | 4.33% | 2.81% | 4.24% | 2.36% | 0.28% | 17.38% | 2.92% | 0.00% |
EWU iShares MSCI United Kingdom ETF | 4.10% | 4.16% | 4.14% | 3.42% | 4.35% | 2.48% | 4.13% | 4.98% | 3.91% | 3.97% | 4.11% | 7.59% |
Drawdowns
HEWU vs. EWU - Drawdown Comparison
Volatility
HEWU vs. EWU - Volatility Comparison
The current volatility for iShares Currency Hedged MSCI United Kingdom ETF (HEWU) is 0.00%, while iShares MSCI United Kingdom ETF (EWU) has a volatility of 3.70%. This indicates that HEWU experiences smaller price fluctuations and is considered to be less risky than EWU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.