EWOvsHEDJETF Comparison
VS
iShares MSCI Austria ETF (EWO) and WisdomTree Europe Hedged Equity Fund (HEDJ) belong to the same industry segment: Europe Blended Cap. EWO's top 3 sector exposures are Finance, Industrials and Non-Energy Materials. In contrast, HEDJ's top sector exposures are Industrials, Finance and Consumer Cyclicals. EWO is less expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.58% for HEDJ. EWO is up 12.43% year-to-date (YTD) with +$43M in YTD flows. HEDJ performs worse with 5.81% YTD performance, and -$130M in YTD flows. Run a side-by-side ETF comparison of EWO and HEDJ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
EWO vs HEDJ performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | EWO HEDJ | -10.34%-1.68% | -7.00%-1.14% | +12.43%+5.81% | +28.19%+7.87% | +136.56%+55.13% | +90.67%+62.91% |
| Flows | EWO HEDJ | -$4M-$6M | +$9M-$54M | +$43M-$130M | +$44M-$143M | +$68M-$160M | +$55M-$840M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | EWO HEDJ | +18.25%+10.38% | +20.14%+14.24% | +18.00%+14.30% | +21.67%+16.00% |
| Max drawdown | EWO HEDJ | -12.97%-5.46% | -13.62%-10.75% | -15.81%-15.72% | -41.66%-22.44% |
| Max drawdown duration | EWO HEDJ | 45d75d | 63d90d | 45d74d | 929d406d |
Trading data
EWO | HEDJ | |
Last sale 10/26/2026 at 1:30 PM | $39.02 | $55.17 |
| Previous close 10/23/2026 | $38.73 | $55.11 |
| Consolidated volume 10/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
EWO | HEDJ | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/26/2026 at 1:30 PM
Live
Closed
EWO | HEDJ | |
|---|---|---|
| Last price | $39.02 | $55.17 |
| 1D performance | +0.75% | +0.11% |
| AuM | $171.28 M | $1.73 B |
| E/R | 0.49% | 0.58% |
Characteristics
EWO | HEDJ | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | WisdomTree |
| Benchmark | MSCI Austria IMI 25/50 Index | WisdomTree Europe Equity Index |
| N° of holdings | 22 | 128 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 12, 1996 | December 31, 2009 |
| ESG | No | No |
Advertisement
Exposure
Countries
EWO
Austria
99.33%
Other
0.67%
HEDJ
Germany
23.84%
France
20.6%
Spain
19.23%
Netherlands
18.24%
Other
18.09%
Sectors
EWO
Finance
51.3%
Industrials
15.06%
Non-Energy Materi.
11.75%
Energy
9.61%
Utilities
7.1%
Other
5.18%
HEDJ
Industrials
23.48%
Finance
17.03%
Consumer Cyclical.
12.01%
Consumer Non-Cycl.
11.94%
Technology
11.45%
Non-Energy Materi.
7.99%
Other
16.1%
Advertisement
Diversification
EWO
Total weight of top 15 holdings out of 15
88.63%
HEDJ
Total weight of top 15 holdings out of 15
51.66%
Top 15 holdings
Data as of August 31, 2026
EWO
Erste Group Bank AG
23.16%
BAWAG Group AG
11.69%
OMV AG
9.61%
Raiffeisen Bank International AG
4.65%
Andritz AG
4.58%
VERBUND AG
4.53%
AT & S Austria Technologie & Systemtechnik AG
4.51%
voestalpine AG
4.48%
Vienna Insurance Group AG
4.24%
Wienerberger AG
3.58%
UNIQA Insurance Group AG
3.56%
DO & CO AG
2.94%
EVN AG
2.57%
Österreichische Post AG
2.44%
PORR AG
2.09%
HEDJ
Banco Bilbao Vizcaya Argentaria SA
7.43%
ASML Holding NV
6.58%
Banco Santander SA
4.67%
Siemens AG
4.44%
Deutsche Telekom AG
4.00%
LVMH Moët Hennessy Louis Vuitton SE
3.83%
Sanofi
3.65%
L'Oréal SA
3.24%
Anheuser-Busch InBev NV
2.61%
BASF SE
2.22%
SAP SE
2.02%
Schneider Electric SE
1.98%
Daimler Truck Holding AG
1.83%
Bayerische Motoren Werke AG
1.68%
ACS, Actividades de Construcción y Servicios SA
1.48%
Frequently asked questions about EWO and HEDJ
How have the EWO and HEDJ ETFs performed in 2026?
As of October 23, 2026, EWO is up 12.43% year-to-date (YTD), while HEDJ has returned 5.81%. That puts EWO better performer ahead so far this year.
Which ETF is attracting more investor money: EWO or HEDJ?
Year-to-date, the EWO ETF saw +$43M in flows, compared to -$130M for HEDJ.
Which ETF is more volatile: EWO or HEDJ?
Over the past year, EWO had a volatility of 20.14%, while HEDJ experienced 14.24%.
Which ETF is bigger: EWO or HEDJ?
As of October 23, 2026, EWO holds $171.28 M in assets under management (AUM), while HEDJ manages $1.73 B.
What sectors do the EWO and HEDJ ETFs invest in?
EWO leans toward sectors like Finance, Industrials and Non-Energy Materials. Meanwhile, HEDJ focuses on Industrials, Finance and Consumer Cyclicals.
What are the top holdings of the EWO ETF and HEDJ ETF?
EWO top holdings include Erste Group Bank AG, BAWAG Group AG and OMV AG. HEDJ holds in its top three: Banco Bilbao Vizcaya Argentaria SA, ASML Holding NV and Banco Santander SA.
Which ETF is more diversified: EWO or HEDJ?
EWO holds 22 securities with 88.63% of its assets in the top 15. HEDJ has 128 securities and a top 15 weight of 51.66%.
Advertisement
Latest news about EWO & HEDJ
Should You Hedge Currency Risk in European Equity ETFs?
April 9, 2025
HEDJ
An introduction to foreign ETFs
July 26, 2022
HEDJ
Advertisement
Advertisement
