Data as of Oct 28, 2026.
EWG vs HEDJ: Differences, Returns & Fees
Over the year to Oct 28, 2026, EWG returned +2.2% to HEDJ's +8.6%; 19% of their weight is in the same names.
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Net assets: $1.5bn on Oct 28, 2026 for iShares MSCI Germany ETF, and $1.8bn on Jun 30, 2026 for WisdomTree Europe Hedged Equity Fund.
Pair scorecard
EWG costs 0.09 points a year less; their one-year returns differ by 6.4 points.
| Measure | EWG | HEDJ |
|---|---|---|
| Return | ||
| Total return, 1 year | +2.2% | +8.6% |
| Drawdown | ||
| Below its high | 6.3%, high on Aug 28, 2026 | 4.3%, high on Aug 14, 2026 |
| Benchmark | ||
| What it tracks | MSCI Germany 25/50 Index | WisdomTree Europe Hedged Equity Index |
| Cost and size | ||
| Expense ratio | 0.49% | 0.58% |
| Net assets, EWG as of Oct 28, 2026 and HEDJ as of Jun 30, 2026 | $1.5bn | $1.8bn |
| Holdings | ||
| Holdings in common | 19% | |
| Top ten holdings, share of the fund | 63.4% | 41.1% |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, EWG and HEDJ hold 19% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
19% in common
Only in one fund ↓
Side by side
EWG and HEDJ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
EWG
EWG tracks an index. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.49% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 52 positions, with the top ten at 63.4%. It sat 6.3% below its high of Aug 28, 2026 on Oct 28, 2026.
HEDJ
HEDJ tracks an index. Over the year to Oct 28, 2026 it returned +8.6% with distributions reinvested. The prospectus expense ratio is 0.58% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 130 positions, with the top ten at 41.1%. It sat 4.3% below its high of Aug 14, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, EWG or HEDJ?
- In the year to Oct 28, 2026, with distributions reinvested, EWG returned +2.2% and HEDJ +8.6%.
- Which is cheaper, EWG or HEDJ?
- EWG is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, EWG against HEDJ, data as of Oct 28, 2026. https://etfiq.com/compare/any/ewg-vs-hedj
ETFIQ. (Oct 28, 2026). EWG against HEDJ. Retrieved from https://etfiq.com/compare/any/ewg-vs-hedj
[EWG against HEDJ (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/ewg-vs-hedj)
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