Data as of Oct 28, 2026.
HEDJ vs VGK: Differences, Returns & Fees
Over the year to Oct 28, 2026, HEDJ returned +8.6% to VGK's +10.4%; 23% of their weight is in the same names.
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Net assets: $1.8bn on Jun 30, 2026 for WisdomTree Europe Hedged Equity Fund, and $29.6bn on Sep 30, 2026 for Vanguard FTSE Europe ETF.
Pair scorecard
VGK costs 0.52 points a year less; their one-year returns differ by 1.8 points.
| Measure | HEDJ | VGK |
|---|---|---|
| Return | ||
| Total return, 1 year | +8.6% | +10.4% |
| Drawdown | ||
| Below its high | 4.3%, high on Aug 14, 2026 | 6.1%, high on Aug 25, 2026 |
| Benchmark | ||
| What it tracks | WisdomTree Europe Hedged Equity Index | FTSE Developed Europe All Cap Index |
| Cost and size | ||
| Expense ratio | 0.58% | 0.06% |
| Net assets, HEDJ as of Jun 30, 2026 and VGK as of Sep 30, 2026 | $1.8bn | $29.6bn |
| Holdings | ||
| Holdings in common | 23% | |
| Top ten holdings, share of the fund | 41.1% | 19.0% |
Holdings in common uses holdings dated Jun 30, 2026 and Sep 30, 2026. Method
Risk and return
Jan 8, 2010 to Oct 23, 2026 · 876 weekly returnsHEDJ returned more: +293.5% to +203.0%. HEDJ swung slightly less: 17.4% to 19.2%. HEDJ fell slightly less at its worst: −34.5% to −36.6%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | HEDJ | VGK | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +293.5% | +203.0% | HEDJ | Price change plus distributions, reinvested. |
| Annualized | +8.5% | +6.8% | HEDJ | Total return as a yearly rate. |
| Price return | +129.8% | +71.3% | HEDJ | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 17.4% | 19.2% | HEDJ (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.5% | 13.7% | HEDJ (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −34.5% | −36.6% | HEDJ (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.47 | 0.36 | HEDJ | Return above Treasury bills per unit of volatility. |
| Sortino | 0.65 | 0.50 | HEDJ | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.25 | 0.19 | HEDJ | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 876 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, HEDJ and VGK hold 23% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Sep 30, 2026.
half
23% in common
Only in one fund ↓
Side by side
HEDJ and VGK on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
HEDJ and VGK are built for the same job. How do they differ in cost, holdings and results?
- What each follows. HEDJ follows WisdomTree Europe Hedged Equity Index and VGK follows FTSE Developed Europe All Cap Index.
- Holdings in common. 23% of the weight is in the same securities (holdings dated Jun 30, 2026 and Sep 30, 2026).
- Number of holdings. HEDJ holds 130 positions and VGK holds 1245.
Data as of Oct 28, 2026.
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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.
VGK
VGK tracks an index of European Stock. Over the year to Oct 28, 2026 it returned +10.4% with distributions reinvested. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,245 positions, with the top ten at 19.0%. It sat 6.1% below its high of Aug 25, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, HEDJ or VGK?
- In the year to Oct 28, 2026, with distributions reinvested, HEDJ returned +8.6% and VGK +10.4%.
- Which is cheaper, HEDJ or VGK?
- VGK is cheaper, by 0.52 percentage points a year. That is about $52 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, HEDJ against VGK, data as of Oct 28, 2026. https://etfiq.com/compare/any/hedj-vs-vgk
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