Which returned more over the last year, EWI or HEDJ?

In the year to Oct 28, 2026, with distributions reinvested, EWI returned +11.1% and HEDJ +8.6%.

Which is cheaper, EWI or HEDJ?

EWI is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do EWI and HEDJ overlap with the S&P 500?

By their latest filed holdings, 0% of EWI and 0% of HEDJ by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

EWI vs HEDJ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EWI returned +11.1% to HEDJ's +8.6%; 4% of their weight is in the same names.

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Net assets: $1.2bn on Oct 27, 2026 for iShares MSCI Italy ETF, and $1.8bn on Jun 30, 2026 for WisdomTree Europe Hedged Equity Fund.

EWI on its own →HEDJ on its own →

At a glance

+11.1%

EWI total return, 1 year

+8.6%

HEDJ total return, 1 year

0.50%

EWI expense ratio

0.58%

HEDJ expense ratio

Pair scorecard

EWI costs 0.08 points a year less; their one-year returns differ by 2.5 points.

EWI vs HEDJ: Differences, Returns & Fees
Measure	EWI	HEDJ
Return
Measure	EWI	HEDJ
Total return, 1 year	+11.1%	+8.6%
Drawdown
Measure	EWI	HEDJ
Below its high	11.4%, high on Aug 7, 2026	4.3%, high on Aug 14, 2026
Benchmark
Measure	EWI	HEDJ
What it tracks	MSCI Italy 25/50 Index	WisdomTree Europe Hedged Equity Index
Cost and size
Measure	EWI	HEDJ
Expense ratio	0.50%	0.58%
Net assets, EWI as of Oct 27, 2026 and HEDJ as of Jun 30, 2026	$1.2bn	$1.8bn
Holdings
Measure	EWI	HEDJ
Holdings in common	4%
Top ten holdings, share of the fund	72.7%	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, EWI and HEDJ hold 4% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

4% in common

Positions both hold · largest shared weight first EWI HEDJ

TENARIS SA 1.94% 1.48%

PRYSMIAN 4.15% 0.72%

FERRARI 4.65% 0.70%

MONCLER 1.91% 0.54%

LEONARDO FINMECCANICA SPA 3.75% 0.42%

Only in one fund ↓

Only in EWI

UNICREDIT 16.68%

INTESA SANPAOLO 14.05%

ENEL 11.63%

ENI 5.34%

ASSICURAZIONI GENERALI 4.84%

BANCA MONTE DEI PASCHI DI SIENA SP 3.88%

POSTE ITALIANE 3.76%

BPER BANCA 3.50%

Only in HEDJ

ASML HOLDING NV 7.50%

BANCO BILBAO VIZCAYA ARGENTARIA SA 6.34%

BANCO SANTANDER SA 4.84%

SIEMENS AG 4.19%

LVMH MOET HENNESSY LOUIS VUITTON SE 3.96%

SANOFI SA 3.49%

DEUTSCHE TELEKOM AG 3.17%

L'OREAL SA 3.05%

Check overlap with more funds →

Side by side

EWI iShares MSCI Italy ETF HEDJ WisdomTree Europe Hedged Equity Fund

Where it sits Stock ETF Stock ETF

Issuer iShares WisdomTree

What it is Tracks an index Tracks an index

Total return, 1 year +11.1% +8.6%

Its benchmark over the same days +14.3% (ACWX) not measured

Gap to its benchmark −3.2 pts vs ACWX not measured

Expense ratio 0.50% 0.58%

Already in the S&P 500 0.0% 0.0%

Holdings 26 130

Net assets, EWI as of Oct 27, 2026 and HEDJ as of Jun 30, 2026 $1.2bn $1.8bn

EWI and HEDJ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

EWI

EWI tracks an index. Over the year to Oct 28, 2026 it returned +11.1% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.50% 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 26 positions, with the top ten at 72.7%. It sat 11.4% below its high of Aug 7, 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, EWI or HEDJ?: In the year to Oct 28, 2026, with distributions reinvested, EWI returned +11.1% and HEDJ +8.6%.
Which is cheaper, EWI or HEDJ?: EWI is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EWI and HEDJ overlap with the S&P 500?: By their latest filed holdings, 0% of EWI and 0% of HEDJ by weight is stocks the S&P 500 already holds.

Other comparisons

EWI vs IEV EWI vs HDEF EPOL vs EWI EWI vs FEZ HEDJ vs IEUR HEDJ vs VGK EPOL vs HEDJ HEDJ vs IEV

Where to next

EWI on its own →HEDJ on its own →Hold both: look the portfolio through →Rankings →EWI dividend history →EWI holdings →HEDJ dividend history →HEDJ holdings →Standards and sources →

Sources and dates

EWI filings on SEC EDGAR ↗

EWI prospectus with the expense ratio (SEC) ↗

iShares page for EWI ↗

HEDJ filings on SEC EDGAR ↗

HEDJ prospectus with the expense ratio (SEC) ↗

WisdomTree website ↗

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, EWI against HEDJ, data as of Oct 28, 2026. https://etfiq.com/compare/any/ewi-vs-hedj

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.