SGVT vs HEWJ

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

SGVT vs HEWJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

SGVT

$714M

Winner

HEWJ

$715M

Expense Ratio

Winner

SGVT

0.28%

HEWJ

0.49%

Max Drawdown

Winner

SGVT

0.33%

HEWJ

37.42%

Sharpe Ratio

SGVT

0.49

Winner

HEWJ

2.00

5Y Beta

Winner

SGVT

-0.00

HEWJ

1.00

5Y Dividends CAGR

SGVT

N/A

HEWJ

30.82%

SGVT vs HEWJ - Holdings Comparison

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

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

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

SGVT vs HEWJ - Historical Returns

Returns include dividend reinvestment.

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

SGVT

+0.30%

Winner

HEWJ

+3.49%

SGVT

+0.87%

Winner

HEWJ

+8.27%

SGVT

+1.70%

Winner

HEWJ

+18.09%

SGVT

+3.70%

Winner

HEWJ

+49.43%

5Y(CAGR)

SGVT

N/A

HEWJ

+20.66%

10Y(CAGR)

SGVT

N/A

HEWJ

+15.90%

Max(CAGR)

SGVT

+3.78%

Winner

HEWJ

+13.96%

SGVT vs HEWJ - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

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

SGVT vs HEWJ Drawdown Comparison

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

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

The current HEWJ drawdown is -3.50%.

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

Correlation

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

0.98

-101

Dividend Comparison (2014 - 2026)

SGVT vs HEWJ dividend yield comparison.

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