BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

HEWJvsJPYETF 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

JPY

Lazard Japanese Equity ETF

This fund is part of

Japan Blended Cap

+0.39%

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 Technology, Finance and Industrials. In contrast, JPY's top sector exposures are Finance, Industrials and Technology. HEWJ is more expensive with a Total Expense Ratio (TER) of 1.02%, versus 0.6% for JPY. HEWJ is up 20.97% year-to-date (YTD) with +$26M in YTD flows. JPY performs worse with 20.1% YTD performance, and +$5M 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.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

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

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 JPY	-2.35%-2.26%	-0.20%+1.93%	+20.97%+20.10%	+25.17%+19.62%	+111.34%n/a	+157.06%n/a
Flows	HEWJ JPY	-$106K+$48K	-$97M+$2M	+$26M+$5M	+$39M+$10M	+$169M-	-$122M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	HEWJ JPY	+16.13%+16.94%	+19.09%+21.28%	+20.64%n/a	+19.22%n/a
Max drawdown	HEWJ JPY	-5.88%-4.59%	-10.13%-15.32%	-21.20%n/a	-21.20%n/a
Max drawdown duration	HEWJ JPY	20d20d	69d105d	351dn/a	351dn/a

Trading data

Create an account to view trading data

Join for free

	HEWJ	JPY
Last sale 10/27/2026 at 1:30 PM	$63.73	$38.41
Previous close 10/26/2026	$63.38	$38.17
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

Create an account to view replication metrics

Join for free

JPY

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

	HEWJ	JPY
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	JPY
Last price	$63.73	$38.41
1D performance	+0.55%	+0.62%
AuM	$633.45 M	$83.64 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	2	62
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

99.82%

Other

0.18%

JPY

Japan

98.92%

Other

1.08%

Sectors

HEWJ

Technology

25%

Finance

20.86%

Industrials

18.54%

Consumer Cyclical.

9.59%

Consumer Non-Cycl.

7.29%

Other

18.73%

JPY

Finance

24.13%

Industrials

23.78%

Technology

19.11%

Other

32.98%

Diversification

HEWJ

Total weight of top 2 holdings out of 2

100.08%

JPY

Total weight of top 15 holdings out of 15

47.92%

Top 15 holdings

Data as of August 31, 2026

HEWJ

US46434G8226

100.05%

BlackRock Cash Funds - Treasury

0.03%

JPY

Mitsubishi UFJ Financial Group, Inc.

5.65%

Recruit Holdings Co., Ltd.

5.29%

Sumitomo Mitsui Financial Group, Inc.

4.59%

Mizuho Financial Group, Inc.

3.66%

Hitachi Ltd.

3.52%

Sony Group Corp.

3.39%

Tokyo Electron Ltd.

3.34%

Tokio Marine Holdings, Inc.

2.78%

Resona Holdings, Inc.

2.53%

KEYENCE Corp.

2.51%

SoftBank Group Corp.

2.38%

Takeda Pharmaceutical Co., Ltd.

2.15%

Komatsu Ltd.

2.10%

TDK Corp.

2.05%

Mitsubishi Corp.

1.99%

Frequently asked questions about HEWJ and JPY

How have the HEWJ and JPY ETFs performed in 2026?

As of October 26, 2026, HEWJ is up 20.97% year-to-date (YTD), while JPY has returned 20.1%. 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 +$26M in flows, compared to +$5M for JPY.

Which ETF is more volatile: HEWJ or JPY?

Over the past year, HEWJ had a volatility of 19.09%, while JPY experienced 21.28%.

Which ETF is bigger: HEWJ or JPY?

As of October 26, 2026, HEWJ holds $633.45 M in assets under management (AUM), while JPY manages $83.64 M.

What sectors do the HEWJ and JPY ETFs invest in?

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

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

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

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 October 26, 2026, HEWJ is up 20.97% year-to-date (YTD), while JPY has returned 20.1%. 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 +$26M in flows, compared to +$5M for JPY.

Which ETF is more volatile: HEWJ or JPY?

Over the past year, HEWJ had a volatility of 19.09%, while JPY experienced 21.28%.

Which ETF is bigger: HEWJ or JPY?

As of October 26, 2026, HEWJ holds $633.45 M in assets under management (AUM), while JPY manages $83.64 M.

What sectors do the HEWJ and JPY ETFs invest in?

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

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

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

Which ETF is more diversified: HEWJ or JPY?

HEWJ holds 168 securities with 100.08% of its assets in the top 15. JPY has 62 securities and a top 15 weight of 47.92%.

ETFs’ Next Act: From Access to Selection