IHDG vs. JIRE

Last updated Jun 4, 2026

IHDG (WisdomTree International Hedged Dividend Growth Fund) and JIRE (JPMorgan International Research Enhanced Equity ETF) are both Foreign Large Cap Equities funds. IHDG is passively managed, while JIRE is actively managed. Over the past 3 years, IHDG returned 10.55%/yr vs 16.07%/yr for JIRE. Their correlation of 0.83 suggests significant overlap in exposure. IHDG charges 0.58%/yr vs 0.24%/yr for JIRE.

Performance

IHDG vs. JIRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International Hedged Dividend Growth Fund (IHDG) and JPMorgan International Research Enhanced Equity ETF (JIRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IHDG achieves a 5.33% return, which is significantly lower than JIRE's 7.72% return.

IHDG

• 1D: -0.60%
• 1M: 4.90%
• YTD: 5.33%
• 6M: 7.48%
• 1Y: 15.52%
• 3Y*: 10.55%
• 5Y*: 7.68%
• 10Y*: 10.09%

JIRE

• 1D: -0.82%
• 1M: 3.07%
• YTD: 7.72%
• 6M: 10.12%
• 1Y: 19.81%
• 3Y*: 16.07%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IHDG vs. JIRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IHDG WisdomTree International Hedged Dividend Growth Fund	5.33%	14.17%	5.97%	20.00%	2.75%
JIRE JPMorgan International Research Enhanced Equity ETF	7.72%	31.83%	3.15%	20.00%	5.73%

Correlation

The correlation between IHDG and JIRE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jun 14, 2022	0.83

The correlation between IHDG and JIRE has been stable across timeframes, ranging from 0.83 to 0.86 - a consistent structural relationship.

IHDG vs. JIRE - Sectors Allocation Comparison

Sectors	IHDG	JIRE
Industrials	19.7%	18.8%
Consumer Cyclical	19.3%	8.0%
Financial Services	15.2%	25.9%
Healthcare	9.4%	10.4%
Technology	7.8%	11.3%
Basic Materials	5.4%	5.3%
Communication Services	4.5%	4.1%
Consumer Defensive	4.3%	6.8%
Energy	3.7%	3.7%
Utilities	0.8%	4.7%
Real Estate	0.3%	1.2%

Return for Risk

IHDG vs. JIRE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IHDG

IHDG Risk / Return Rank: 31
IHDG Sharpe Ratio Rank: 30
IHDG Sortino Ratio Rank: 31
IHDG Omega Ratio Rank: 31
IHDG Calmar Ratio Rank: 30
IHDG Martin Ratio Rank: 35

JIRE

JIRE Risk / Return Rank: 35
JIRE Sharpe Ratio Rank: 35
JIRE Sortino Ratio Rank: 35
JIRE Omega Ratio Rank: 34
JIRE Calmar Ratio Rank: 34
JIRE Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IHDG vs. JIRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Hedged Dividend Growth Fund (IHDG) and JPMorgan International Research Enhanced Equity ETF (JIRE). 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.

	IHDG	JIRE	Difference
Sharpe ratio: Return per unit of total volatility	1.15	1.28	-0.13
Sortino ratio: Return per unit of downside risk	1.70	1.86	-0.16
Omega ratio: Gain probability vs. loss probability	1.21	1.23	-0.02
Calmar ratio: Return relative to maximum drawdown	1.49	1.69	-0.20
Martin ratio: Return relative to average drawdown	5.49	6.14	-0.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IHDG vs. JIRE - Sharpe Ratio Comparison

The current IHDG Sharpe Ratio is 1.15, which is comparable to the JIRE Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of IHDG and JIRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IHDG	JIRE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.15	1.28	-0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	1.04	-0.45

Drawdowns

IHDG vs. JIRE - Drawdown Comparison

The maximum IHDG drawdown since its inception was -29.24%, which is greater than JIRE's maximum drawdown of -16.11%. Use the drawdown chart below to compare losses from any high point for IHDG and JIRE.

Drawdown Indicators

	IHDG	JIRE	Difference
Max Drawdown Largest peak-to-trough decline	-29.24%	-16.11%	-13.13%
Max Drawdown (1Y) Largest decline over 1 year	-10.49%	-11.77%	+1.28%
Max Drawdown (3Y) Largest decline over 3 years	-18.88%	-13.61%	-5.27%
Max Drawdown (5Y) Largest decline over 5 years	-19.52%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.24%	—	—
Current Drawdown Current decline from peak	-1.36%	-2.53%	+1.17%
Average Drawdown Average peak-to-trough decline	-4.04%	-3.03%	-1.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	3.23%	-0.39%

Volatility

IHDG vs. JIRE - Volatility Comparison

The current volatility for WisdomTree International Hedged Dividend Growth Fund (IHDG) is 4.57%, while JPMorgan International Research Enhanced Equity ETF (JIRE) has a volatility of 5.08%. This indicates that IHDG experiences smaller price fluctuations and is considered to be less risky than JIRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IHDG	JIRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.57%	5.08%	-0.51%
Volatility (6M) Calculated over the trailing 6-month period	11.16%	12.80%	-1.64%
Volatility (1Y) Calculated over the trailing 1-year period	13.55%	15.56%	-2.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.82%	16.28%	-1.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.76%	16.28%	-0.52%

IHDG vs. JIRE - Expense Ratio Comparison

IHDG has a 0.58% expense ratio, which is higher than JIRE's 0.24% expense ratio.

Dividends

IHDG vs. JIRE - Dividend Comparison

IHDG's dividend yield for the trailing twelve months is around 1.82%, less than JIRE's 2.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IHDG WisdomTree International Hedged Dividend Growth Fund	1.82%	1.84%	2.42%	1.70%	13.79%	2.77%	1.94%	1.99%	0.22%	1.28%	1.91%	3.04%
JIRE JPMorgan International Research Enhanced Equity ETF	2.78%	2.99%	3.03%	2.74%	2.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IHDG and JIRE in my portfolio?

IHDG and JIRE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IHDG or JIRE?

JIRE has higher volatility (5.08%) compared to IHDG (4.57%). In terms of maximum drawdown, IHDG dropped -29.24% vs JIRE's -16.11%.

Which ETF is better, IHDG or JIRE?

On 3-year performance, JIRE leads with 16.07% vs 10.55% for IHDG. On fees, JIRE is cheaper at 0.24% per year. On volatility, IHDG has been the lower-risk option at 4.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IHDG or JIRE?

Over the 3-year period, JIRE has performed better with a 16.07% return vs 10.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IHDG or JIRE?

JIRE is cheaper with a 0.24% expense ratio, compared with 0.58% for IHDG.

Which ETF pays a higher dividend yield, IHDG or JIRE?

JIRE has the higher dividend yield at 2.78%, compared with 1.82% for IHDG.

What is the main difference between IHDG and JIRE?

They also come from different issuers: WisdomTree and JPMorgan. Their fees differ too: 0.58% for IHDG and 0.24% for JIRE.

Which has better risk-adjusted returns?

JIRE currently has the higher Sharpe Ratio (1.28 vs 1.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.