New

Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →

Advertisement
ETF Central logo
Advertisement

HEWJvsJPANETF Comparison

ETF 1
HEWJ

iShares Currency Hedged MSCI Japan ETF

This fund is part of
Japan Blended Cap
-0.56%
Full HEWJ fund page
VS
ETF 2
JPAN

Matthews Japan Active ETF

This fund is part of
Japan Blended Cap
-0.56%
Full JPAN fund page

iShares Currency Hedged MSCI Japan ETF (HEWJ) and Matthews Japan Active ETF (JPAN) belong to the same industry segment: Japan Blended Cap. HEWJ's top 3 sector exposures are Industrials, Financials and Consumer Discretionary. In contrast, JPAN's top sector exposures are Industrials, Consumer Discretionary and Financials. HEWJ is more expensive with a Total Expense Ratio (TER) of 1.02%, versus 0.79% for JPAN. HEWJ is up 6.03% year-to-date (YTD) with +$224M in YTD flows. JPAN performs worse with 5.58% YTD performance, and +$2M in YTD flows. Run a side-by-side ETF comparison of HEWJ and JPAN 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

HEWJ vs JPAN performance and flow charts

Performance

-10.0-8.0-6.0-4.0-2.00.02.0%Feb 11Feb 19Feb 26Mar 5Mar 12

Cumulative Flows

0 M50 M100 M150 M200 M250 MFeb 11Feb 19Feb 26Mar 5Mar 12

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

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/13/2026
1M3MYTD1Y3Y5Y
Perf.
HEWJ
JPAN
-6.90%-7.38%
+5.90%+6.08%
+6.03%+5.58%
+41.18%+30.79%
+121.27%n/a
+134.61%n/a
Flows
HEWJ
JPAN
+$218M+$2M
+$227M+$2M
+$224M+$2M
+$301M+$2M
+$425M-
+$274M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
HEWJ
JPAN
+20.42%+25.72%
+23.18%+23.95%
+20.06%n/a
+18.75%n/a
Max drawdown
HEWJ
JPAN
-7.63%-11.39%
-16.14%-16.57%
-21.20%n/a
-21.20%n/a
Max drawdown duration
HEWJ
JPAN
16d27d
45d33d
351dn/a
351dn/a
Trading data

Create an account to view trading data

Join for free
HEWJ
JPAN
Last sale
3/13/2026 at 1:30 PM
$55.77
$36.66
Previous close
03/12/2026
$56.28
$37.04
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

JPAN
is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free
HEWJ
JPAN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
HEWJ
JPAN
Last price
$55.77
$36.66
1D performance
-0.91%
-1.03%
AuM$739.75 M$7.54 M
E/R1.02%0.79%
Characteristics
HEWJ
JPAN
Management strategyPassiveActive
ProvideriSharesMatthews Asia
BenchmarkMSCI Japan Index-
N° of holdings17950
Asset classEquities-
Trailing 12m distribution yield
Join
Join
Inception dateJanuary 31, 2014September 22, 2023
ESGNoYes
Advertisement
Exposure

Countries

HEWJ
Japan
102.08%
Other
-2.08%
JPAN
Japan
96%
Other
4%

Sectors

HEWJ
Industrials
26.12%
Financials
18.06%
Consumer Discreti.
16.38%
Information Techn.
14.97%
Communication Ser.
7.22%
Other
17.24%
JPAN
Industrials
26.6%
Consumer Discreti.
19.6%
Financials
15.1%
Information Techn.
14.1%
Other
24.6%

Diversification

HEWJ

Total weight of top 15 holdings out of 15

38.06%
JPAN

Total weight of top 15 holdings out of 15

50.6%

Top 15 holdings

Data as of January 31, 2026
HEWJ
TOYOTA
4.52%
MITSUBISHI UFJ FINANCIAL GROUP
4.40%
HITACHI
3.21%
SONY GROUP CORPORATION
2.92%
ADVANTEST
2.84%
SUMITOMO MITSUI
2.75%
TOKYO ELECTRON
2.56%
MIZUHO FINANCIAL
2.30%
SOFTBANK GROUP CORP
2.25%
MITSUBISHI HVY
2.01%
MITSUBISHI
1.81%
MITSUI
1.73%
ITOCHU
1.61%
RECRUIT HLDGS CO LTD
1.59%
KEYENCE
1.58%
JPAN
HITACHI
5.10%
SUMITOMO MITSUI
4.90%
TOKYO ELECTRON
4.90%
MITSUBISHI UFJ FINANCIAL GROUP
4.80%
SONY GROUP CORPORATION
4.30%
MARUBENI
3.40%
SUMITOMO
3.20%
TOYOTA
3.10%
NEC
2.80%
FUJITSU
2.50%
RECRUIT HLDGS CO LTD
2.40%
SUMITOMO REALTY
2.40%
KAJIMA
2.30%
EAST JAPAN RY
2.30%
SHIN-ETSU CHEM
2.20%
Frequently asked questions about HEWJ and JPAN

How have the HEWJ and JPAN ETFs performed in 2026?

As of March 13, 2026, HEWJ is up 6.03% year-to-date (YTD), while JPAN has returned 5.58%. That puts HEWJ better performer ahead so far this year.

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

Year-to-date, the HEWJ ETF saw +$224M in flows, compared to +$2M for JPAN.

Which ETF is more volatile: HEWJ or JPAN?

Over the past year, HEWJ had a volatility of 23.18%, while JPAN experienced 23.95%.

Which ETF is bigger: HEWJ or JPAN?

As of March 13, 2026, HEWJ holds $739.75 M in assets under management (AUM), while JPAN manages $7.54 M.

What sectors do the HEWJ and JPAN ETFs invest in?

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

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

HEWJ top holdings include TOYOTA, MITSUBISHI UFJ FINANCIAL GROUP and HITACHI. JPAN holds in its top three: HITACHI, SUMITOMO MITSUI and TOKYO ELECTRON.

Which ETF is more diversified: HEWJ or JPAN?

HEWJ holds 182 securities with 38.06% of its assets in the top 15. JPAN has 51 securities and a top 15 weight of 50.6%.

Advertisement
Advertisement
Advertisement
Webcast on Demand

Calamos Investments Powers the Next Phase of the Autocallable Revolution

Join J.P. Morgan’s Bram Kaplan, Head of Americas Equity Derivatives Strategy and Matt Kaufman from Calamos Investments as they dive into the growing global opportunity in autocallable income—an increasingly dominant strategy within structured products, now available through ETFs.

Accepted for 1 CE Credit

Calamos Webcast