FJPvsHEWJETF Comparison
VS
First Trust Japan AlphaDEX Fund ETF (FJP) and iShares Currency Hedged MSCI Japan ETF (HEWJ) belong to the same industry segment: Japan Blended Cap. FJP's top 3 sector exposures are Industrials, Non-Energy Materials and Consumer Cyclicals. In contrast, HEWJ's top sector exposures are Technology, Industrials and Finance. FJP is less expensive with a Total Expense Ratio (TER) of 0.8%, versus 1.02% for HEWJ. FJP is up 11.73% year-to-date (YTD) with +$20M in YTD flows. HEWJ performs better with 18.81% YTD performance, and +$123M in YTD flows. Run a side-by-side ETF comparison of FJP and HEWJ 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
FJP vs HEWJ performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FJP HEWJ | -3.78%-3.00% | -1.86%+3.97% | +11.73%+18.81% | +31.39%+47.17% | +66.19%+110.37% | +68.42%+172.05% |
| Flows | FJP HEWJ | +$5M+$36M | +$13M-$63M | +$20M+$123M | +$26M+$193M | -$10M+$292M | +$124M-$13M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FJP HEWJ | +24.17%+20.66% | +21.41%+19.91% | +21.24%+20.50% | +20.42%+19.17% |
| Max drawdown | FJP HEWJ | -10.14%-5.98% | -14.92%-10.13% | -19.54%-21.20% | -30.90%-21.20% |
| Max drawdown duration | FJP HEWJ | 64d25d | 137d69d | 186d351d | 849d351d |
Trading data
FJP | HEWJ | |
Last sale 7/17/2026 at 1:30 PM | $72.83 | $62.12 |
| Previous close 07/16/2026 | $73.95 | $63.14 |
| Consolidated volume 07/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FJP | HEWJ | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/17/2026 at 1:30 PM
Live
Closed
FJP | HEWJ | |
|---|---|---|
| Last price | $72.83 | $62.12 |
| 1D performance | -1.51% | -1.62% |
| AuM | $248.22 M | $715.47 M |
| E/R | 0.8% | 1.02% |
Characteristics
FJP | HEWJ | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | iShares |
| Benchmark | NASDAQ AlphaDEX Japan Index | MSCI Japan Index |
| N° of holdings | 96 | 169 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 18, 2011 | January 31, 2014 |
| ESG | No | No |
Advertisement
Exposure
Countries
FJP
Japan
95.03%
Other
4.97%
HEWJ
Japan
99.23%
Other
0.77%
Sectors
FJP
Industrials
24.28%
Non-Energy Materi.
19.45%
Consumer Cyclical.
13.55%
Technology
12.62%
Finance
8.99%
Other
21.11%
HEWJ
Technology
23.18%
Industrials
19.7%
Finance
18.78%
Consumer Cyclical.
9.96%
Consumer Non-Cycl.
7.32%
Other
21.06%
Advertisement
Diversification
FJP
Total weight of top 15 holdings out of 15
30.82%
HEWJ
Total weight of top 15 holdings out of 15
37.79%
Top 15 holdings
Data as of May 31, 2026
FJP
Mitsui Kinzoku Co., Ltd.
4.30%
IBIDEN Co., Ltd.
2.74%
NGK Corp.
2.67%
Resonac Holdings Corp.
2.39%
Sumitomo Electric Industries Ltd.
2.35%
Fujikura Ltd.
1.81%
Toyota Tsusho Corp.
1.76%
Kandenko Co., Ltd.
1.70%
Kawasaki Kisen Kaisha, Ltd.
1.67%
Seiko Epson Corp.
1.66%
Mitsui O.S.K. Lines, Ltd.
1.61%
Sumitomo Metal Mining Co. Ltd.
1.59%
TOKYO OHKA KOGYO CO., LTD.
1.55%
INPEX Corp.
1.54%
Sumitomo Chemical Co., Ltd.
1.48%
HEWJ
Mitsubishi UFJ Financial Group, Inc.
3.92%
Toyota Motor Corp.
3.53%
SoftBank Group Corp.
3.40%
Tokyo Electron Ltd.
2.87%
Hitachi Ltd.
2.79%
Sumitomo Mitsui Financial Group, Inc.
2.59%
Kioxia Holdings Corp.
2.54%
Sony Group Corp.
2.46%
Advantest Corp.
2.34%
Mizuho Financial Group, Inc.
2.08%
Fast Retailing Co., Ltd.
1.92%
Murata Manufacturing Co. Ltd.
1.91%
Mitsubishi Corp.
1.87%
KEYENCE Corp.
1.85%
Recruit Holdings Co., Ltd.
1.71%
Frequently asked questions about FJP and HEWJ
How have the FJP and HEWJ ETFs performed in 2026?
As of July 16, 2026, FJP is up 11.73% year-to-date (YTD), while HEWJ has returned 18.81%. That puts HEWJ better performer ahead so far this year.
Which ETF is attracting more investor money: FJP or HEWJ?
Year-to-date, the FJP ETF saw +$20M in flows, compared to +$123M for HEWJ.
Which ETF is more volatile: FJP or HEWJ?
Over the past year, FJP had a volatility of 21.41%, while HEWJ experienced 19.91%.
Which ETF is bigger: FJP or HEWJ?
As of July 16, 2026, FJP holds $248.22 M in assets under management (AUM), while HEWJ manages $715.47 M.
What sectors do the FJP and HEWJ ETFs invest in?
FJP leans toward sectors like Industrials, Non-Energy Materials and Consumer Cyclicals. Meanwhile, HEWJ focuses on Technology, Industrials and Finance.
What are the top holdings of the FJP ETF and HEWJ ETF?
FJP top holdings include Mitsui Kinzoku Co., Ltd., IBIDEN Co., Ltd. and NGK Corp.. HEWJ holds in its top three: Mitsubishi UFJ Financial Group, Inc., Toyota Motor Corp. and SoftBank Group Corp..
Which ETF is more diversified: FJP or HEWJ?
FJP holds 96 securities with 30.82% of its assets in the top 15. HEWJ has 169 securities and a top 15 weight of 37.79%.
Advertisement
Advertisement
