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HEWJvsJPANETF Comparison

ETF 1

HEWJ

iShares Currency Hedged MSCI Japan ETF

This fund is part of

Japan Blended Cap

+0.39%

Full HEWJ fund page

VS

ETF 2

JPAN

Matthews Japan Active ETF

This fund is part of

Japan Blended Cap

+0.39%

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 Technology, Finance and Industrials. In contrast, JPAN's top sector exposures are Technology, Industrials and Finance. HEWJ is more expensive with a Total Expense Ratio (TER) of 1.02%, versus 0.79% for JPAN. HEWJ is up 20.97% year-to-date (YTD) with +$26M in YTD flows. JPAN performs worse with 16.06% YTD performance, and +$5M 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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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/26/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	HEWJ JPAN	-2.35%-2.43%	-0.20%+0.83%	+20.97%+16.06%	+25.17%+15.81%	+111.34%+94.66%	+157.06%n/a
Flows	HEWJ JPAN	-$106K+$2M	-$97M+$2M	+$26M+$5M	+$39M+$5M	+$169M+$9M	-$122M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	HEWJ JPAN	+16.13%+19.17%	+19.09%+23.19%	+20.64%+23.33%	+19.22%n/a
Max drawdown	HEWJ JPAN	-5.88%-6.03%	-10.13%-14.82%	-21.20%-19.70%	-21.20%n/a
Max drawdown duration	HEWJ JPAN	20d71d	69d85d	351d232d	351dn/a

Trading data

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	HEWJ	JPAN
Last sale 10/27/2026 at 1:30 PM	$63.73	$42.36
Previous close 10/26/2026	$63.38	$41.87
Consolidated volume 10/26/2026
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

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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 10/27/2026 at 1:30 PM

Live

Closed

	HEWJ	JPAN
Last price	$63.73	$42.36
1D performance	+0.55%	+1.17%
AuM	$633.45 M	$11.61 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	2	50
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

99.82%

Other

0.18%

JPAN

Japan

97.97%

Other

2.03%

Sectors

HEWJ

Technology

25%

Finance

20.86%

Industrials

18.54%

Consumer Cyclical.

9.59%

Consumer Non-Cycl.

7.29%

Other

18.73%

JPAN

Technology

30.59%

Industrials

24.61%

Finance

23.41%

Other

21.38%

Diversification

HEWJ

Total weight of top 2 holdings out of 2

100.08%

JPAN

Total weight of top 15 holdings out of 15

50.5%

Top 15 holdings

Data as of August 31, 2026

HEWJ

US46434G8226

100.05%

BlackRock Cash Funds - Treasury

0.03%

JPAN

Recruit Holdings Co., Ltd.

5.28%

Mitsubishi UFJ Financial Group, Inc.

4.36%

Sumitomo Mitsui Financial Group, Inc.

4.13%

Tokyo Electron Ltd.

4.09%

Advantest Corp.

4.07%

Hitachi Ltd.

3.81%

Sony Group Corp.

3.74%

Mizuho Financial Group, Inc.

3.07%

Tokio Marine Holdings, Inc.

2.84%

Panasonic Holdings Corp.

2.83%

Sumitomo Corp.

2.63%

NEC Corp.

2.55%

KEYENCE Corp.

2.53%

Toyota Tsusho Corp.

2.40%

ORIX Corp.

2.16%

Frequently asked questions about HEWJ and JPAN

How have the HEWJ and JPAN ETFs performed in 2026?

As of October 26, 2026, HEWJ is up 20.97% year-to-date (YTD), while JPAN has returned 16.06%. 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 +$26M in flows, compared to +$5M for JPAN.

Which ETF is more volatile: HEWJ or JPAN?

Over the past year, HEWJ had a volatility of 19.09%, while JPAN experienced 23.19%.

Which ETF is bigger: HEWJ or JPAN?

As of October 26, 2026, HEWJ holds $633.45 M in assets under management (AUM), while JPAN manages $11.61 M.

What sectors do the HEWJ and JPAN ETFs invest in?

HEWJ leans toward sectors like Technology, Finance and Industrials. Meanwhile, JPAN focuses on Technology, Industrials and Finance.

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

HEWJ top holdings include US46434G8226 and BlackRock Cash Funds - Treasury. JPAN holds in its top three: Recruit Holdings Co., Ltd., Mitsubishi UFJ Financial Group, Inc. and Sumitomo Mitsui Financial Group, Inc..

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 October 26, 2026, HEWJ is up 20.97% year-to-date (YTD), while JPAN has returned 16.06%. 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 +$26M in flows, compared to +$5M for JPAN.

Which ETF is more volatile: HEWJ or JPAN?

Over the past year, HEWJ had a volatility of 19.09%, while JPAN experienced 23.19%.

Which ETF is bigger: HEWJ or JPAN?

As of October 26, 2026, HEWJ holds $633.45 M in assets under management (AUM), while JPAN manages $11.61 M.

What sectors do the HEWJ and JPAN ETFs invest in?

HEWJ leans toward sectors like Technology, Finance and Industrials. Meanwhile, JPAN focuses on Technology, Industrials and Finance.

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

HEWJ top holdings include US46434G8226 and BlackRock Cash Funds - Treasury. JPAN holds in its top three: Recruit Holdings Co., Ltd., Mitsubishi UFJ Financial Group, Inc. and Sumitomo Mitsui Financial Group, Inc..

Which ETF is more diversified: HEWJ or JPAN?

HEWJ holds 168 securities with 100.08% of its assets in the top 15. JPAN has 50 securities and a top 15 weight of 50.5%.

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