Screener
HEDJ vs WDEF
WisdomTree Europe Hedged Equity Fund vs WisdomTree Europe Defense Fund
Key differences
Both HEDJ and WDEF are equity ETFs. HEDJ charges 0.58% a year and WDEF 0.45%. The main difference: HEDJ follows a long short strategy; WDEF uses index tracking.
- HEDJ follows a long short strategy; WDEF uses index tracking.
- WDEF costs 0.13% less per year.
- HEDJ is much larger than WDEF. Larger funds are usually more liquid and less likely to close.
- HEDJ has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HEDJ | WDEF | |
|---|---|---|
| Annual cost (TER) | 0.58% | 0.45% |
| Fund size (AUM) | $1.8B | $71M |
| Since | 2009 | 2025 |
| Dividend yield | 1.53% | — |
| Asset class | equity | equity |
| Region | europe | europe |
| Strategy | long short | index tracking |
| CAGR 1Y | +14.0% | N/A |
| CAGR 3Y | +14.3% | N/A |
| CAGR 5Y | +10.8% | N/A |
| Sharpe 3Y | 0.70 | N/A |
| Volatility 1Y | 15.58% | — |
| Max drawdown | -38.18% | -21.79% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.