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JPXNvsHEWJETF Comparison

ETF 1

JPXN

iShares JPX-Nikkei 400 ETF

This fund is part of

Japan Blended Cap

+0.63%

Full JPXN fund page

VS

ETF 2

HEWJ

iShares Currency Hedged MSCI Japan ETF

This fund is part of

Japan Blended Cap

+0.63%

Full HEWJ fund page

iShares JPX-Nikkei 400 ETF (JPXN) and iShares Currency Hedged MSCI Japan ETF (HEWJ) belong to the same industry segment: Japan Blended Cap. JPXN's top 3 sector exposures are Industrials, Financials and Information Technology. In contrast, HEWJ's top sector exposures are Industrials, Financials and Consumer Discretionary. JPXN is less expensive with a Total Expense Ratio (TER) of 0.48%, versus 1.02% for HEWJ. JPXN is up 9.53% year-to-date (YTD) with +$35M in YTD flows. HEWJ performs better with 11.24% YTD performance, and +$203M in YTD flows. Run a side-by-side ETF comparison of JPXN and HEWJ 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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JPXN vs HEWJ 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.	JPXN HEWJ	+5.14%+5.39%	+3.72%+7.61%	+9.53%+11.24%	+30.09%+50.49%	+63.19%+118.32%	+45.41%+150.15%
Flows	JPXN HEWJ	-$53M-$4M	+$35M+$195M	+$35M+$203M	+$35M+$248M	+$46M+$361M	+$38M+$326M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	JPXN HEWJ	+26.09%+23.27%	+19.49%+18.98%	+18.36%+20.30%	+17.89%+18.94%
Max drawdown	JPXN HEWJ	-12.77%-10.13%	-12.77%-10.13%	-15.27%-21.20%	-33.31%-21.20%
Max drawdown duration	JPXN HEWJ	72d58d	72d58d	225d351d	903d351d

Trading data

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	JPXN	HEWJ
Last sale 4/27/2026 at 1:30 PM	$94.48	$58.78
Previous close 04/24/2026	$94.17	$58.58
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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	JPXN	HEWJ
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

	JPXN	HEWJ
Last price	$94.48	$58.78
1D performance	+0.33%	+0.34%
AuM	$141.99 M	$752.62 M
E/R	0.48%	1.02%

Characteristics

	JPXN	HEWJ
Management strategy	Passive	Passive
Provider	iShares	iShares
Benchmark	JPX-Nikkei 400 Index	MSCI Japan Index
N° of holdings	391	177
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 23, 2001	January 31, 2014
ESG	No	No

More JPXN data on Trackinsight

More HEWJ data on Trackinsight

Exposure

Countries

JPXN

Japan

98.14%

Other

1.86%

HEWJ

Japan

98.65%

Other

1.35%

Sectors

JPXN

Industrials

27.33%

Financials

13.68%

Information Techn.

13.61%

Consumer Discreti.

13.54%

Other

31.82%

HEWJ

Industrials

25.8%

Financials

17.51%

Consumer Discreti.

15.7%

Information Techn.

13%

Other

27.99%

Diversification

JPXN

Total weight of top 15 holdings out of 15

25.76%

HEWJ

Total weight of top 15 holdings out of 15

35.71%

Top 15 holdings

Data as of March 31, 2026

JPXN

MITSUI

2.43%

MITSUBISHI

2.37%

MIZUHO FINANCIAL

1.93%

ADVANTEST

1.76%

SUMITOMO MITSUI

1.75%

TOKYO ELECTRON

1.62%

SOFTBANK GROUP CORP

1.58%

SHIN-ETSU CHEM

1.57%

ITOCHU

1.57%

MITSUBISHI UFJ FINANCIAL GROUP

1.56%

MITSUBISHI ELECTRIC

1.56%

TOKIO MARINE HOLDINGS

1.56%

TOYOTA

1.53%

MITSUBISHI HVY

1.50%

HOYA

1.48%

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%

Frequently asked questions about JPXN and HEWJ

How have the JPXN and HEWJ ETFs performed in 2026?

As of April 24, 2026, JPXN is up 9.53% year-to-date (YTD), while HEWJ has returned 11.24%. That puts HEWJ better performer ahead so far this year.

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

Year-to-date, the JPXN ETF saw +$35M in flows, compared to +$203M for HEWJ.

Which ETF is more volatile: JPXN or HEWJ?

Over the past year, JPXN had a volatility of 19.49%, while HEWJ experienced 18.98%.

Which ETF is bigger: JPXN or HEWJ?

As of April 24, 2026, JPXN holds $141.99 M in assets under management (AUM), while HEWJ manages $752.62 M.

What sectors do the JPXN and HEWJ ETFs invest in?

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

JPXNvsHEWJETF Comparison

iShares JPX-Nikkei 400 ETF

iShares Currency Hedged MSCI Japan ETF

JPXN vs HEWJ 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 JPXN and HEWJ ETFs performed in 2026?

As of April 24, 2026, JPXN is up 9.53% year-to-date (YTD), while HEWJ has returned 11.24%. That puts HEWJ better performer ahead so far this year.

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

Year-to-date, the JPXN ETF saw +$35M in flows, compared to +$203M for HEWJ.

Which ETF is more volatile: JPXN or HEWJ?

Over the past year, JPXN had a volatility of 19.49%, while HEWJ experienced 18.98%.

Which ETF is bigger: JPXN or HEWJ?

As of April 24, 2026, JPXN holds $141.99 M in assets under management (AUM), while HEWJ manages $752.62 M.

What sectors do the JPXN and HEWJ ETFs invest in?

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

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

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

Which ETF is more diversified: JPXN or HEWJ?

JPXN holds 393 securities with 25.76% of its assets in the top 15. HEWJ has 179 securities and a top 15 weight of 35.71%.

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