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HEWJvsJPYETF Comparison

ETF 1
HEWJ

iShares Currency Hedged MSCI Japan ETF

This fund is part of
Japan Blended Cap
-2.08%
Full HEWJ fund page
VS
ETF 2
JPY

Lazard Japanese Equity ETF

This fund is part of
Japan Blended Cap
-2.08%
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. 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 0.6% for JPY. HEWJ is up 6.85% year-to-date (YTD) with +$255M in YTD flows. JPY performs worse with 4.8% 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

-12.0-10.0-8.0-6.0-4.0-2.00.02.0%Feb 11Feb 19Feb 26Mar 5Mar 12

Cumulative Flows

050,000,000100,000,000150,000,000200,000,000250,000,000Feb 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 03/12/2026
1M3MYTD1Y3Y5Y
Perf.
HEWJ
JPY
-5.72%-9.32%
+7.40%+5.40%
+6.85%+4.80%
+41.13%n/a
+122.97%n/a
+137.86%n/a
Flows
HEWJ
JPY
+$249M-
+$258M+$2M
+$255M+$3M
+$331M-
+$455M-
+$305M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
HEWJ
JPY
+20.37%+24.55%
+23.18%n/a
+20.07%n/a
+18.75%n/a
Max drawdown
HEWJ
JPY
-7.25%-12.55%
-16.14%n/a
-21.20%n/a
-21.20%n/a
Max drawdown duration
HEWJ
JPY
15d27d
45dn/a
351dn/a
351dn/a
Trading data

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HEWJ
JPY
Last sale
3/13/2026 at 6:26 PM
$55.81
$32.30
Previous close
03/12/2026
$56.28
$32.71
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

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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
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Main metrics
Last update 3/13/2026 at 6:26 PM
Live
Closed
HEWJ
JPY
Last price
$55.81
$32.30
1D performance
-0.84%
-1.25%
AuM$776.40 M$71.77 M
E/R1.02%0.6%
Characteristics
HEWJ
JPY
Management strategyPassiveActive
ProvideriSharesLazard Asset Management
BenchmarkMSCI Japan Index-
N° of holdings17957
Asset classEquities-
Trailing 12m distribution yield
Join
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Inception dateJanuary 31, 2014April 4, 2025
ESGNoNo
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Exposure

Countries

HEWJ
Japan
102.08%
Other
-2.08%
JPY
Japan
99.48%
Other
0.52%

Sectors

HEWJ
Industrials
26.12%
Financials
18.06%
Consumer Discreti.
16.38%
Information Techn.
14.97%
Communication Ser.
7.22%
Other
17.24%
JPY
Industrials
26.35%
Financials
21.29%
Consumer Discreti.
12.09%
Information Techn.
11.66%
Materials
7.13%
Other
21.49%
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Diversification

HEWJ

Total weight of top 15 holdings out of 15

38.06%
JPY

Total weight of top 15 holdings out of 15

44.68%

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%
JPY
MITSUBISHI UFJ FINANCIAL GROUP
5.20%
SUMITOMO MITSUI
4.37%
MIZUHO FINANCIAL
3.96%
HITACHI
3.41%
SONY GROUP CORPORATION
3.13%
TOKYO ELECTRON
2.97%
MITSUBISHI
2.77%
RECRUIT HLDGS CO LTD
2.61%
SOFTBANK GROUP CORP
2.60%
RESONA HOLDINGS
2.50%
TOKIO MARINE HOLDINGS
2.50%
TAKEDA PHARMACEUTICAL
2.37%
NIPPON TELEGRAPH AND TELEPHONE CORP
2.14%
DISCO
2.14%
KOMATSU
2.03%
Frequently asked questions about HEWJ and JPY

How have the HEWJ and JPY ETFs performed in 2026?

As of March 12, 2026, HEWJ is up 6.85% year-to-date (YTD), while JPY has returned 4.8%. 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 +$255M in flows, compared to +$3M for JPY.

Which ETF is bigger: HEWJ or JPY?

As of March 12, 2026, HEWJ holds $776.40 M in assets under management (AUM), while JPY manages $71.77 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 Consumer Discretionary.

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 MIZUHO FINANCIAL.

Which ETF is more diversified: HEWJ or JPY?

HEWJ holds 182 securities with 38.06% of its assets in the top 15. JPY has 57 securities and a top 15 weight of 44.68%.

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