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HEWJvsDBJPETF Comparison

ETF 1

HEWJ

iShares Currency Hedged MSCI Japan ETF

This fund is part of

Japan Blended Cap

+0.63%

Full HEWJ fund page

VS

ETF 2

DBJP

Xtrackers MSCI Japan Hedged Equity ETF

This fund is part of

Japan Blended Cap

+0.63%

Full DBJP fund page

The ETFs iShares Currency Hedged MSCI Japan ETF (HEWJ) and Xtrackers MSCI Japan Hedged Equity ETF (DBJP) track the MSCI Japan 100% hedged to USD Total Return Net Index - USD and belong to the same industry segment: Japan Blended Cap. Both ETFs have the same top 3 sector exposures: Industrials, Financials and Consumer Discretionary. HEWJ is more expensive with a Total Expense Ratio (TER) of 1.02%, versus 0.45% for DBJP. HEWJ is up 11.24% year-to-date (YTD) with +$203M in YTD flows. DBJP performs better with 11.67% YTD performance, and +$141M in YTD flows. Run a side-by-side ETF comparison of HEWJ and DBJP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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HEWJ vs DBJP performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	HEWJ DBJP	+5.39%+6.54%	+7.61%+6.94%	+11.24%+11.67%	+50.49%+52.68%	+118.32%+120.11%	+150.15%+150.86%
Flows	HEWJ DBJP	-$4M+$21M	+$195M+$67M	+$203M+$141M	+$248M+$92M	+$361M+$124M	+$326M+$160M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	HEWJ DBJP	+23.27%+27.48%	+18.98%+19.22%	+20.30%+21.96%	+18.94%+19.94%
Max drawdown	HEWJ DBJP	-10.13%-11.18%	-10.13%-11.18%	-21.20%-25.81%	-21.20%-25.81%
Max drawdown duration	HEWJ DBJP	58d54d	58d54d	351d350d	351d350d

Trading data

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	HEWJ	DBJP
Last sale 4/24/2026 at 1:30 PM	$58.58	$105.26
Previous close 04/23/2026	$58.54	$105.10
Consolidated volume 04/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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	HEWJ	DBJP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/24/2026 at 1:30 PM

Live

Closed

	HEWJ	DBJP
Last price	$58.58	$105.26
1D performance	+0.07%	+0.15%
AuM	$752.62 M	$632.50 M
E/R	1.02%	0.45%

Characteristics

	HEWJ	DBJP
Management strategy	Passive	Passive
Provider	iShares	Xtrackers by DWS
Benchmark	MSCI Japan Index	MSCI Japan Index
N° of holdings	177	178
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	January 31, 2014	June 8, 2011
ESG	No	No

More HEWJ data on Trackinsight

More DBJP data on Trackinsight

Exposure

Countries

HEWJ

Japan

98.65%

Other

1.35%

DBJP

Japan

98.25%

Other

1.75%

Sectors

HEWJ

Industrials

25.8%

Financials

17.51%

Consumer Discreti.

15.7%

Information Techn.

13%

Other

27.99%

DBJP

Industrials

26.11%

Financials

17.37%

Consumer Discreti.

15.57%

Information Techn.

13.13%

Other

27.82%

Diversification

HEWJ

Total weight of top 15 holdings out of 15

35.71%

DBJP

Total weight of top 15 holdings out of 15

35.99%

Top 15 holdings

Data as of March 31, 2026

HEWJ

TOYOTA

4.10%

MITSUBISHI UFJ FINANCIAL GROUP

4.02%

HITACHI

2.80%

SONY GROUP CORPORATION

2.70%

SUMITOMO MITSUI

2.51%

MITSUBISHI

2.35%

TOKYO ELECTRON

2.28%

ADVANTEST

2.13%

MIZUHO FINANCIAL

2.07%

MITSUI

2.02%

MITSUBISHI HVY

1.85%

TOKIO MARINE HOLDINGS

1.84%

SOFTBANK GROUP CORP

1.81%

FAST RETAILING

1.61%

ITOCHU

1.61%

DBJP

TOYOTA

4.21%

MITSUBISHI UFJ FINANCIAL GROUP

4.00%

HITACHI

2.82%

SONY GROUP CORPORATION

2.58%

SUMITOMO MITSUI

2.51%

MITSUBISHI

2.43%

TOKYO ELECTRON

2.30%

ADVANTEST

2.20%

MITSUI

2.11%

MIZUHO FINANCIAL

2.08%

SOFTBANK GROUP CORP

1.91%

MITSUBISHI HVY

1.91%

TOKIO MARINE HOLDINGS

1.80%

ITOCHU

1.60%

FAST RETAILING

1.54%

Frequently asked questions about HEWJ and DBJP

How have the HEWJ and DBJP ETFs performed in 2026?

As of April 24, 2026, HEWJ is up 11.24% year-to-date (YTD), while DBJP has returned 11.67%. That puts DBJP better performer ahead so far this year.

Which ETF is attracting more investor money: HEWJ or DBJP?

Year-to-date, the HEWJ ETF saw +$203M in flows, compared to +$141M for DBJP.

Which ETF is more volatile: HEWJ or DBJP?

Over the past year, HEWJ had a volatility of 18.98%, while DBJP experienced 19.22%.

Which ETF is bigger: HEWJ or DBJP?

As of April 24, 2026, HEWJ holds $752.62 M in assets under management (AUM), while DBJP manages $632.50 M.

What sectors do the HEWJ and DBJP ETFs invest in?

HEWJ leans toward sectors like Industrials, Financials and Consumer Discretionary. Meanwhile, DBJP focuses on Industrials, Financials and Consumer Discretionary.

What are the top holdings of the HEWJ ETF and DBJP ETF?

HEWJ top holdings include TOYOTA, MITSUBISHI UFJ FINANCIAL GROUP and HITACHI. DBJP holds in its top three: TOYOTA, MITSUBISHI UFJ FINANCIAL GROUP and HITACHI.

Which ETF is more diversified: HEWJ or DBJP?

HEWJ holds 179 securities with 35.71% of its assets in the top 15. DBJP has 180 securities and a top 15 weight of 35.99%.

The Two Sides of the Magnificent Seven Sword

June 26, 2024

DBJP

HEWJvsDBJPETF Comparison

iShares Currency Hedged MSCI Japan ETF

Xtrackers MSCI Japan Hedged Equity ETF

HEWJ vs DBJP performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the HEWJ and DBJP ETFs performed in 2026?

As of April 24, 2026, HEWJ is up 11.24% year-to-date (YTD), while DBJP has returned 11.67%. That puts DBJP better performer ahead so far this year.

Which ETF is attracting more investor money: HEWJ or DBJP?

Year-to-date, the HEWJ ETF saw +$203M in flows, compared to +$141M for DBJP.

Which ETF is more volatile: HEWJ or DBJP?

Over the past year, HEWJ had a volatility of 18.98%, while DBJP experienced 19.22%.

Which ETF is bigger: HEWJ or DBJP?

As of April 24, 2026, HEWJ holds $752.62 M in assets under management (AUM), while DBJP manages $632.50 M.

What sectors do the HEWJ and DBJP ETFs invest in?

HEWJ leans toward sectors like Industrials, Financials and Consumer Discretionary. Meanwhile, DBJP focuses on Industrials, Financials and Consumer Discretionary.

What are the top holdings of the HEWJ ETF and DBJP ETF?

HEWJ top holdings include TOYOTA, MITSUBISHI UFJ FINANCIAL GROUP and HITACHI. DBJP holds in its top three: TOYOTA, MITSUBISHI UFJ FINANCIAL GROUP and HITACHI.

Which ETF is more diversified: HEWJ or DBJP?

HEWJ holds 179 securities with 35.71% of its assets in the top 15. DBJP has 180 securities and a top 15 weight of 35.99%.

The Two Sides of the Magnificent Seven Sword

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