EWJ Performance Compared to Currency-Hedged Japan Fund
2 reports, 1 independent
Updated Thu 00:00
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What happened
Over a 12-month period, a hypothetical $300,000 investment in the iShares MSCI Japan ETF (EWJ) returned 15.5%, growing to roughly $346,500. The same amount invested in the iShares Currency Hedged MSCI Japan ETF (HEWJ) returned 22.55%, ending near $367,650. This resulted in EWJ holders having $21,150 less than those in the currency-hedged fund.
From 247wallst.com
Why it matters
The comparison highlights that EWJ, which is priced using the Japanese yen, exposes investors to currency swings. The currency-hedged fund (HEWJ) offsets these swings by holding EWJ and using yen and U.S. dollar currency contracts.
From 247wallst.com
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