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HEWJvsJPANETF Comparison

ETF 1

HEWJ

iShares Currency Hedged MSCI Japan ETF

This fund is part of

Japan Blended Cap

+2.45%

Full HEWJ fund page

VS

ETF 2

JPAN

Matthews Japan Active ETF

This fund is part of

Japan Blended Cap

+2.45%

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 Information Technology. 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 21.69% year-to-date (YTD) with +$87M in YTD flows. JPAN performs worse with 18.09% 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.

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HEWJ vs JPAN performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 06/15/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	HEWJ JPAN	+5.06%+3.43%	+12.89%+15.22%	+21.69%+18.09%	+53.64%+31.21%	+109.11%n/a	+165.48%n/a
Flows	HEWJ JPAN	-$60M-	-$137M-	+$87M+$2M	+$142M+$2M	+$268M-	-$12M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	HEWJ JPAN	+20.87%+27.17%	+19.07%+22.10%	+20.26%n/a	+19.06%n/a
Max drawdown	HEWJ JPAN	-4.76%-6.12%	-10.13%-14.82%	-21.20%n/a	-21.20%n/a
Max drawdown duration	HEWJ JPAN	8d20d	69d85d	351dn/a	351dn/a

Trading data

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	HEWJ	JPAN
Last sale 6/15/2026 at 1:30 PM	$64.16	$42.19
Previous close 06/15/2026	$62.83	$41.62
Consolidated volume 06/15/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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JPAN

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 6/15/2026 at 1:30 PM

Live

Closed

	HEWJ	JPAN
Last price	$64.16	$42.19
1D performance	+2.12%	+1.37%
AuM	$701.62 M	$8.43 M
E/R	1.02%	0.79%

Characteristics

	HEWJ	JPAN
Management strategy	Passive	Active
Provider	iShares	Matthews Asia
Benchmark	MSCI Japan Index	-
N° of holdings	177	54
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	January 31, 2014	September 22, 2023
ESG	No	Yes

More HEWJ data on Trackinsight

More JPAN data on Trackinsight

Exposure

Countries

HEWJ

Japan

98.98%

Other

1.02%

JPAN

Japan

97.3%

Other

2.7%

Sectors

HEWJ

Industrials

25.86%

Financials

17.33%

Information Techn.

15.11%

Consumer Discreti.

14.91%

Other

26.79%

JPAN

Industrials

26.8%

Consumer Discreti.

18.4%

Financials

16.8%

Information Techn.

15.9%

Other

22.1%

Diversification

HEWJ

Total weight of top 15 holdings out of 15

36.57%

JPAN

Total weight of top 15 holdings out of 15

43.8%

Top 15 holdings

Data as of April 30, 2026

HEWJ

MITSUBISHI UFJ FINANCIAL GROUP

4.06%

TOYOTA

3.66%

HITACHI

2.86%

ADVANTEST

2.76%

SUMITOMO MITSUI

2.58%

TOKYO ELECTRON

2.54%

SOFTBANK GROUP CORP

2.48%

SONY GROUP CORPORATION

2.45%

MIZUHO FINANCIAL

2.14%

MITSUBISHI

2.05%

MITSUBISHI HVY

1.89%

MITSUI

1.86%

FAST RETAILING

1.79%

KEYENCE

1.77%

TOKIO MARINE HOLDINGS

1.69%

JPAN

MITSUBISHI UFJ FINANCIAL GROUP

4.50%

TOKYO ELECTRON

4.30%

HITACHI

3.60%

SHIN-ETSU CHEM

3.30%

SUMITOMO MITSUI

3.00%

MARUBENI

2.90%

PANASONIC HOLDINGS CORPORATION

2.80%

SONY GROUP CORPORATION

2.70%

ADVANTEST

2.60%

ASICS

2.40%

KEYENCE

2.40%

SUMITOMO

2.40%

ORIX

2.30%

FAST RETAILING

2.30%

NEC

2.30%

Frequently asked questions about HEWJ and JPAN

How have the HEWJ and JPAN ETFs performed in 2026?

As of June 15, 2026, HEWJ is up 21.69% year-to-date (YTD), while JPAN has returned 18.09%. 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 +$87M in flows, compared to +$2M for JPAN.

Which ETF is more volatile: HEWJ or JPAN?

Over the past year, HEWJ had a volatility of 19.07%, while JPAN experienced 22.1%.

Which ETF is bigger: HEWJ or JPAN?

As of June 15, 2026, HEWJ holds $701.62 M in assets under management (AUM), while JPAN manages $8.43 M.

What sectors do the HEWJ and JPAN ETFs invest in?

HEWJ leans toward sectors like Industrials, Financials and Information Technology. 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 MITSUBISHI UFJ FINANCIAL GROUP, TOYOTA and HITACHI. JPAN holds in its top three: MITSUBISHI UFJ FINANCIAL GROUP, TOKYO ELECTRON and HITACHI.

HEWJvsJPANETF Comparison

iShares Currency Hedged MSCI Japan ETF

Matthews Japan Active ETF

HEWJ vs JPAN 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 JPAN ETFs performed in 2026?

As of June 15, 2026, HEWJ is up 21.69% year-to-date (YTD), while JPAN has returned 18.09%. 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 +$87M in flows, compared to +$2M for JPAN.

Which ETF is more volatile: HEWJ or JPAN?

Over the past year, HEWJ had a volatility of 19.07%, while JPAN experienced 22.1%.

Which ETF is bigger: HEWJ or JPAN?

As of June 15, 2026, HEWJ holds $701.62 M in assets under management (AUM), while JPAN manages $8.43 M.

What sectors do the HEWJ and JPAN ETFs invest in?

HEWJ leans toward sectors like Industrials, Financials and Information Technology. 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 MITSUBISHI UFJ FINANCIAL GROUP, TOYOTA and HITACHI. JPAN holds in its top three: MITSUBISHI UFJ FINANCIAL GROUP, TOKYO ELECTRON and HITACHI.

Which ETF is more diversified: HEWJ or JPAN?

HEWJ holds 179 securities with 36.57% of its assets in the top 15. JPAN has 54 securities and a top 15 weight of 43.8%.

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