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HEWJ vs EWV

iShares Currency Hedged MSCI Japan ETF vs ProShares UltraShort MSCI Japan

HEWJ

iShares Currency Hedged MSCI Japan ETF

iShares

Annual cost

0.49%

Fund size

$715M

EWV

ProShares UltraShort MSCI Japan

ProShares

Annual cost

0.95%

Fund size

$7M

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.
  • HEWJ follows a index tracking strategy; EWV uses inverse.
  • 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

HEWJEWV
Annual cost (TER)0.49%0.95%
Fund size (AUM)$715M$7M
Since20142007
Dividend yield4.57%4.50%
Asset classequityequity
Regionasia pacificasia pacific
Strategyindex trackinginverse
CAGR 1Y+53.8%-44.1%
CAGR 3Y+29.6%-28.5%
CAGR 5Y+21.9%-18.4%
Sharpe 3Y1.20-0.79
Volatility 1Y19.16%40.44%
Max drawdown-31.53%-90.00%

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

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