VMIN.AX vs. HJPN.AX
VMIN.AX (Vanguard Global Minimum Volatility Active ETF) and HJPN.AX (Betashares Japan Currency Hedged ETF) are both Global Equities funds. VMIN.AX is actively managed, while HJPN.AX is passively managed. Over the past 5 years, VMIN.AX returned 6.31%/yr vs 19.88%/yr for HJPN.AX. At a 0.42 correlation, their price movements are largely independent.
Performance
VMIN.AX vs. HJPN.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VMIN.AX achieves a 7.62% return, which is significantly lower than HJPN.AX's 25.87% return.
VMIN.AX
- 1D
- 0.10%
- 1M
- 0.24%
- 6M
- 7.73%
- YTD
- 7.62%
- 1Y
- 11.44%
- 3Y*
- 11.75%
- 5Y*
- 6.31%
- 10Y*
- —
HJPN.AX
- 1D
- -1.55%
- 1M
- -0.07%
- 6M
- 17.25%
- YTD
- 25.87%
- 1Y
- 56.07%
- 3Y*
- 28.09%
- 5Y*
- 19.88%
- 10Y*
- 15.57%
VMIN.AX vs. HJPN.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VMIN.AX Vanguard Global Minimum Volatility Active ETF | 7.62% | 12.03% | 11.45% | 5.06% | -6.66% | 11.54% | -3.76% | 18.59% | 0.31% |
HJPN.AX Betashares Japan Currency Hedged ETF | 25.87% | 25.64% | 24.96% | 34.17% | -13.44% | 16.18% | 15.92% | 16.79% | -15.87% |
Correlation
The correlation between VMIN.AX and HJPN.AX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2018 | 0.42 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VMIN.AX vs. HJPN.AX — Risk / Return Rank
VMIN.AX
HJPN.AX
VMIN.AX vs. HJPN.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Minimum Volatility Active ETF (VMIN.AX) and Betashares Japan Currency Hedged ETF (HJPN.AX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VMIN.AX | HJPN.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.38 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 4.62 | -2.58 |
| Martin ratioReturn relative to average drawdown | 8.77 | 14.24 | -5.47 |
Loading charts...
Drawdowns
VMIN.AX vs. HJPN.AX - Drawdown Comparison
The maximum VMIN.AX drawdown since its inception was -31.28%, smaller than the maximum HJPN.AX drawdown of -36.74%. Use the drawdown chart below to compare losses from any high point for VMIN.AX and HJPN.AX.
Loading charts...
Drawdown Indicators
| VMIN.AX | HJPN.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.28% | -36.74% | +5.46% |
Max Drawdown (1Y)Largest decline over 1 year | -5.81% | -11.86% | +6.05% |
Max Drawdown (3Y)Largest decline over 3 years | -9.72% | -26.71% | +16.99% |
Max Drawdown (5Y)Largest decline over 5 years | -15.31% | -26.71% | +11.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.74% | — |
Current DrawdownCurrent decline from peak | -0.76% | -4.46% | +3.70% |
Average DrawdownAverage peak-to-trough decline | -3.70% | -7.84% | +4.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 3.87% | -2.50% |
Volatility
VMIN.AX vs. HJPN.AX - Volatility Comparison
The current volatility for Vanguard Global Minimum Volatility Active ETF (VMIN.AX) is 2.52%, while Betashares Japan Currency Hedged ETF (HJPN.AX) has a volatility of 7.36%. This indicates that VMIN.AX experiences smaller price fluctuations and is considered to be less risky than HJPN.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VMIN.AX | HJPN.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.52% | 7.36% | -4.84% |
Volatility (6M)Calculated over the trailing 6-month period | 8.75% | 19.77% | -11.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.84% | 26.67% | -16.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.68% | 23.80% | -13.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.43% | 20.99% | -8.56% |
Dividends
VMIN.AX vs. HJPN.AX - Dividend Comparison
VMIN.AX's dividend yield for the trailing twelve months is around 11.21%, more than HJPN.AX's 5.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
HJPN.AX Betashares Japan Currency Hedged ETF | 5.93% | 0.00% | 5.68% | 3.06% | 8.35% | 5.39% | 0.00% | 0.37% | 2.46% | 1.47% | 0.11% |
VMIN.AX Vanguard Global Minimum Volatility Active ETF | 11.21% | 6.54% | 0.88% | 0.00% | 0.00% | 10.76% | 4.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VMIN.AX and HJPN.AX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Vanguard and BetaShares.
Find the right allocation for VMIN.AX and HJPN.AX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer