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EWV vs HEWJ

ProShares UltraShort MSCI Japan vs iShares Currency Hedged MSCI Japan ETF

EWV

ProShares UltraShort MSCI Japan

ProShares

Annual cost

0.95%

Fund size

$7M

HEWJ

iShares Currency Hedged MSCI Japan ETF

iShares

Annual cost

0.49%

Fund size

$715M

Key differences

  • HEWJ costs 0.46% less per year.
  • HEWJ is significantly larger than EWV — larger funds tend to be more liquid and less likely to close.
  • EWV follows a inverse strategy; HEWJ uses index tracking.
  • Over the last 3 years, HEWJ has delivered higher annualized returns.
  • EWV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

EWVHEWJ
Annual cost (TER)0.95%0.49%
Fund size (AUM)$7M$715M
Since20072014
Dividend yield4.50%4.57%
Asset classequityequity
Regionasia pacificasia pacific
Strategyinverseindex tracking
CAGR 1Y-44.1%+53.8%
CAGR 3Y-28.5%+29.6%
CAGR 5Y-18.4%+21.9%
Sharpe 3Y-0.791.20
Volatility 1Y40.44%19.16%
Max drawdown-90.00%-31.53%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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