HEWJ vs SGVT

Comparison between ISHARES CURRENCY HEDGED MSCI JAPAN ETF (HEWJ, ETF) and SCHWAB GOVERNMENT MONEY MARKET ETF (SGVT, ETF).

HEWJ vs SGVT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEWJ(ETF)	SGVT(ETF)
Net Assets	$715M	$714M
Expense Ratio	0.49%	0.28%
Max Drawdown	37.42%	0.33%
Sharpe Ratio	2.00	0.49
5Y Beta	1.00	-0.00
5Y Dividends CAGR	30.82%	N/A

Net Assets

Winner

HEWJ

$715M

SGVT

$714M

Expense Ratio

HEWJ

0.49%

Winner

SGVT

0.28%

Max Drawdown

HEWJ

37.42%

Winner

SGVT

0.33%

Sharpe Ratio

Winner

HEWJ

2.00

SGVT

0.49

5Y Beta

HEWJ

1.00

Winner

SGVT

-0.00

5Y Dividends CAGR

HEWJ

30.82%

SGVT

N/A

HEWJ vs SGVT - Holdings Comparison

HEWJ and SGVT have 1 common holdings. Overlap is -312.72%

HEWJ's top 25 holdings weight is 100.01%. SGVT's top 25 holdings weight is 65.93%.

Rank	HEWJ	SGVT
#1	JPY/USD PURCHASED (n/a) - 313.84%	n/a (n/a) - 13.77%
#2	ISHARES MSCI JAPAN ETF (EWJ) - 100.22%	n/a (n/a) - 8.30%
#3	BLACKROCK CASH FUNDS TREASURY SL AGENCY (n/a) - 1.07%	n/a (n/a) - 5.48%
#4	USD CASH (n/a) - 0.05%	n/a (n/a) - 5.48%
#5	CASH OFFSET (n/a) - -2.45%	n/a (n/a) - 5.34%
#6	JPY/USD SOLD (n/a) - -312.72%	n/a (n/a) - 3.23%
#7	N/A	FEDERAL HOME LOAN BANKS 0.01% (n/a) - 3.15%
#8	N/A	n/a (n/a) - 2.95%
#9	N/A	n/a (n/a) - 2.68%
#10	N/A	n/a (n/a) - 2.52%
#11	N/A	UNITED STATES TREASURY NOTES 4.125% (n/a) - 2.03%
#12	N/A	FEDERAL HOME LOAN BANKS 3.56% (n/a) - 1.69%
#13	N/A	n/a (n/a) - 1.55%
#14	N/A	n/a (n/a) - 1.40%
#15	N/A	n/a (n/a) - 1.26%
#16	N/A	FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.63% (n/a) - 0.78%
#17	N/A	FEDERAL HOME LOAN MORTGAGE CORP. 3.625% (n/a) - 0.74%
#18	N/A	FEDERAL FARM CREDIT BANKS 0.01% (n/a) - 0.72%
#19	N/A	FEDERAL HOME LOAN BANKS 3.73% (n/a) - 0.52%
#20	N/A	FEDERAL FARM CREDIT BANKS 3.69% (n/a) - 0.47%
#21	N/A	UNITED STATES TREASURY NOTES 3.875% (n/a) - 0.44%
#22	N/A	n/a (n/a) - 0.42%
#23	N/A	FEDERAL HOME LOAN BANKS 4% (n/a) - 0.39%
#24	N/A	FEDERAL HOME LOAN MORTGAGE CORP. 3.68% (n/a) - 0.31%
#25	N/A	FEDERAL HOME LOAN BANKS 3.665% (n/a) - 0.31%
Total Holdings	6	111

HEWJ vs SGVT - Historical Returns

Returns include dividend reinvestment.

Period	HEWJ	SGVT
1 month	+3.49%	+0.30%
3 months	+8.27%	+0.87%
6 months	+18.09%	+1.70%
1 year	+49.43%	+3.70%
5 years(CAGR)	+20.66%	N/A
10 years(CAGR)	+15.90%	N/A
Max(CAGR)	+13.96%	+3.78%

Winner

HEWJ

+3.49%

SGVT

+0.30%

Winner

HEWJ

+8.27%

SGVT

+0.87%

Winner

HEWJ

+18.09%

SGVT

+1.70%

Winner

HEWJ

+49.43%

SGVT

+3.70%

5Y(CAGR)

HEWJ

+20.66%

SGVT

N/A

10Y(CAGR)

HEWJ

+15.90%

SGVT

N/A

Max(CAGR)

Winner

HEWJ

+13.96%

SGVT

+3.78%

HEWJ vs SGVT - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	HEWJ	SGVT
2026	+15.66%	+1.42%
2025	+30.04%	+2.22%
2024	+25.12%	N/A
2023	+35.83%	N/A
2022	-4.22%	N/A
2021	+14.41%	N/A
2020	+9.12%	N/A
2019	+20.80%	N/A
2018	-14.88%	N/A
2017	+19.55%	N/A
2016	+1.29%	N/A
2015	+8.29%	N/A
2014	+20.54%	N/A

HEWJ vs SGVT Drawdown Comparison

The maximum drawdown for HEWJ was -31.53%, occurring on Mar 16, 2020. Recovery took 192 trading sessions.

The maximum drawdown for SGVT was -0.03%, occurring on Nov 12, 2025. Recovery took 3 trading sessions.

The current HEWJ drawdown is -3.50%.

Rank	HEWJ	SGVT
#1	-31.53% Feb 6, 2020 - Nov 9, 2020	-0.03% Nov 11, 2025 - Nov 14, 2025
#2	-29.57% Aug 10, 2015 - Oct 10, 2017	-0.01% Oct 10, 2025 - Oct 15, 2025
#3	-21.57% Jan 23, 2018 - Feb 6, 2020	-0.01% Feb 11, 2026 - Feb 13, 2026
#4	-20.90% Jul 10, 2024 - Jun 27, 2025	-0.01% Oct 24, 2025 - Oct 28, 2025
#5	-16.03% Sep 13, 2021 - Nov 25, 2022	-0.01% May 22, 2026 - May 27, 2026
#6	-11.19% Sep 26, 2014 - Oct 31, 2014	-0.01% Jul 8, 2025 - Jul 10, 2025
#7	-10.37% Feb 25, 2026 - May 8, 2026	-0.00% Oct 17, 2025 - Oct 21, 2025
#8	-8.93% Jun 1, 2015 - Aug 10, 2015	-0.00% May 11, 2026 - May 14, 2026
#9	-8.77% Dec 5, 2014 - Feb 13, 2015	-0.00% Jan 9, 2026 - Jan 13, 2026
#10	-8.12% Nov 25, 2022 - Mar 3, 2023	-0.00% Aug 11, 2025 - Aug 13, 2025
#11	-7.89% Mar 6, 2014 - Jun 4, 2014	-0.00% Sep 2, 2025 - Sep 4, 2025
#12	-7.45% Sep 19, 2023 - Nov 17, 2023	-0.00% Jan 30, 2026 - Feb 3, 2026
#13	-7.23% Mar 8, 2023 - Apr 17, 2023	-0.00% Oct 8, 2025 - Oct 10, 2025
#14	-6.97% Apr 5, 2021 - Sep 2, 2021	N/A
#15	-5.17% Mar 21, 2024 - May 20, 2024	N/A

Correlation

Correlation between HEWJ and SGVT is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2014 - 2026)

HEWJ vs SGVT dividend yield comparison.

Year	HEWJ	SGVT
2026	0.00%	1.39%
2025	5.10%	1.73%
2024	2.20%	0.00%
2023	2.02%	0.00%
2022	47.68%	0.00%
2021	2.03%	0.00%
2020	1.20%	0.00%
2019	2.78%	0.00%
2018	1.37%	0.00%
2017	1.21%	0.00%
2016	1.88%	0.00%
2015	3.25%	0.00%
2014	2.15%	0.00%