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HEWJvsJPYETF 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

JPY

Lazard Japanese Equity ETF

This fund is part of

Japan Blended Cap

+0.63%

Full JPY fund page

iShares Currency Hedged MSCI Japan ETF (HEWJ) and Lazard Japanese Equity ETF (JPY) belong to the same industry segment: Japan Blended Cap. HEWJ's top 3 sector exposures are Industrials, Financials and Consumer Discretionary. In contrast, JPY's top sector exposures are Industrials, Financials and Information Technology. HEWJ is more expensive with a Total Expense Ratio (TER) of 1.02%, versus 0.6% for JPY. HEWJ is up 11.24% year-to-date (YTD) with +$203M in YTD flows. JPY performs worse with 6.91% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of HEWJ and JPY 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 JPY 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 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	HEWJ JPY	+5.39%+8.06%	+7.61%+2.10%	+11.24%+6.91%	+50.49%+30.93%	+118.32%n/a	+150.15%n/a
Flows	HEWJ JPY	-$4M+$38K	+$195M-$3M	+$203M+$3M	+$248M+$28M	+$361M-	+$326M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	HEWJ JPY	+23.27%+29.32%	+18.98%+20.72%	+20.30%n/a	+18.94%n/a
Max drawdown	HEWJ JPY	-10.13%-15.32%	-10.13%-15.32%	-21.20%n/a	-21.20%n/a
Max drawdown duration	HEWJ JPY	58d70d	58d70d	351dn/a	351dn/a

Trading data

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	HEWJ	JPY
Last sale 4/27/2026 at 1:30 PM	$58.78	$34.40
Previous close 04/24/2026	$58.58	$34.01
Consolidated volume 04/24/2026
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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JPY

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 4/27/2026 at 1:30 PM

Live

Closed

	HEWJ	JPY
Last price	$58.78	$34.40
1D performance	+0.34%	+1.13%
AuM	$752.62 M	$73.21 M
E/R	1.02%	0.6%

Characteristics

	HEWJ	JPY
Management strategy	Passive	Active
Provider	iShares	Lazard Asset Management
Benchmark	MSCI Japan Index	-
N° of holdings	177	58
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	January 31, 2014	April 4, 2025
ESG	No	No

More HEWJ data on Trackinsight

More JPY data on Trackinsight

Exposure

Countries

HEWJ

Japan

98.65%

Other

1.35%

JPY

Japan

98.98%

Other

1.02%

Sectors

HEWJ

Industrials

25.8%

Financials

17.51%

Consumer Discreti.

15.7%

Information Techn.

13%

Other

27.99%

JPY

Industrials

26.52%

Financials

20.79%

Information Techn.

11.41%

Consumer Discreti.

10.99%

Materials

7.62%

Other

22.67%

Diversification

HEWJ

Total weight of top 15 holdings out of 15

35.71%

JPY

Total weight of top 15 holdings out of 15

44.49%

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%

JPY

MITSUBISHI UFJ FINANCIAL GROUP

4.89%

SUMITOMO MITSUI

4.06%

MITSUBISHI

3.87%

MIZUHO FINANCIAL

3.61%

TOKIO MARINE HOLDINGS

3.19%

SONY GROUP CORPORATION

2.91%

HITACHI

2.90%

TOKYO ELECTRON

2.81%

TAKEDA PHARMACEUTICAL

2.60%

RESONA HOLDINGS

2.45%

INPEX

2.37%

SOFTBANK GROUP CORP

2.27%

SHIN-ETSU CHEM

2.25%

NIPPON TELEGRAPH AND TELEPHONE CORP

2.18%

KANSAI ELECTRIC POWER

2.14%

Frequently asked questions about HEWJ and JPY

How have the HEWJ and JPY ETFs performed in 2026?

As of April 24, 2026, HEWJ is up 11.24% year-to-date (YTD), while JPY has returned 6.91%. That puts HEWJ better performer ahead so far this year.

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

Year-to-date, the HEWJ ETF saw +$203M in flows, compared to +$3M for JPY.

Which ETF is more volatile: HEWJ or JPY?

Over the past year, HEWJ had a volatility of 18.98%, while JPY experienced 20.72%.

Which ETF is bigger: HEWJ or JPY?

As of April 24, 2026, HEWJ holds $752.62 M in assets under management (AUM), while JPY manages $73.21 M.

What sectors do the HEWJ and JPY ETFs invest in?

HEWJ leans toward sectors like Industrials, Financials and Consumer Discretionary. Meanwhile, JPY focuses on Industrials, Financials and Information Technology.

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

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

HEWJvsJPYETF Comparison

iShares Currency Hedged MSCI Japan ETF

Lazard Japanese Equity ETF

HEWJ vs JPY 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 JPY ETFs performed in 2026?

As of April 24, 2026, HEWJ is up 11.24% year-to-date (YTD), while JPY has returned 6.91%. That puts HEWJ better performer ahead so far this year.

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

Year-to-date, the HEWJ ETF saw +$203M in flows, compared to +$3M for JPY.

Which ETF is more volatile: HEWJ or JPY?

Over the past year, HEWJ had a volatility of 18.98%, while JPY experienced 20.72%.

Which ETF is bigger: HEWJ or JPY?

As of April 24, 2026, HEWJ holds $752.62 M in assets under management (AUM), while JPY manages $73.21 M.

What sectors do the HEWJ and JPY ETFs invest in?

HEWJ leans toward sectors like Industrials, Financials and Consumer Discretionary. Meanwhile, JPY focuses on Industrials, Financials and Information Technology.

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

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

Which ETF is more diversified: HEWJ or JPY?

HEWJ holds 179 securities with 35.71% of its assets in the top 15. JPY has 58 securities and a top 15 weight of 44.49%.

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