VLU vs HEWJ

Comparison between STATE STREET(R) SPDR(R) S&P(R) 1500 VALUE TILT ETF (VLU, ETF) and ISHARES CURRENCY HEDGED MSCI JAPAN ETF (HEWJ, ETF).

5-Year PerformanceHEWJ has outperformed VLU, delivering a return of +22.2% compared to +12.9%

VLU vs HEWJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VLU(ETF)	HEWJ(ETF)
Net Assets	$726M	$725M
Expense Ratio	0.12%	0.49%
Max Drawdown	37.91%	37.42%
Sharpe Ratio	1.90	1.99
5Y Beta	0.78	1.02
P/E Ratio	21.09	N/A
Forward P/E	15.04	N/A
5Y Dividends CAGR	9.17%	33.42%
5Y EPS CAGR	13.62%	N/A
Debt to Equity	25.53%	N/A
P/S Ratio	1.40	N/A
P/B Ratio	2.69	N/A

Net Assets

Winner

VLU

$726M

HEWJ

$725M

Expense Ratio

Winner

VLU

0.12%

HEWJ

0.49%

Max Drawdown

VLU

37.91%

Winner

HEWJ

37.42%

Sharpe Ratio

VLU

1.90

Winner

HEWJ

1.99

5Y Beta

Winner

VLU

0.78

HEWJ

1.02

P/E Ratio

VLU

21.09

HEWJ

N/A

Forward P/E

VLU

15.04

HEWJ

N/A

5Y Dividends CAGR

VLU

9.17%

Winner

HEWJ

33.42%

5Y EPS CAGR

VLU

13.62%

HEWJ

N/A

Debt to Equity

VLU

25.53%

HEWJ

N/A

P/S Ratio

VLU

1.40

HEWJ

N/A

P/B Ratio

VLU

2.69

HEWJ

N/A

VLU vs HEWJ - Holdings Comparison

VLU and HEWJ have 1 common holdings. Overlap is -1.00%

VLU's top 25 holdings weight is 30.78%. HEWJ's top 25 holdings weight is 211.15%.

Rank	VLU	HEWJ
#1	AMAZON.COM INC (AMZN) - 2.94%	JPY/USD PURCHASED (n/a) - 111.94%
#2	EXXON MOBIL CORP (XOM) - 2.31%	ISHARES MSCI JAPAN ETF (EWJ) - 98.38%
#3	ALPHABET INC CLASS C (GOOG) - 1.97%	CASH OFFSET (n/a) - 1.73%
#4	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.84%	BLACKROCK CASH FUNDS TREASURY SL AGENCY (n/a) - 0.07%
#5	WALMART INC (WMT) - 1.78%	USD CASH (n/a) - 0.03%
#6	VERIZON COMMUNICATIONS INC (VZ) - 1.72%	JPY/USD SOLD (n/a) - -1.00%
#7	APPLE INC (AAPL) - 1.64%	N/A
#8	CHEVRON CORP (CVX) - 1.58%	N/A
#9	MICROSOFT CORP (MSFT) - 1.41%	N/A
#10	JPMORGAN CHASE & CO (JPM) - 1.31%	N/A
#11	BANK OF AMERICA CORP (BAC) - 1.30%	N/A
#12	META PLATFORMS INC CLASS A (META) - 1.01%	N/A
#13	JOHNSON & JOHNSON (JNJ) - 0.94%	N/A
#14	ALPHABET INC CLASS A (GOOGL) - 0.92%	N/A
#15	INTEL CORP (INTC) - 0.84%	N/A
#16	COMCAST CORP CLASS A (CMCSA) - 0.84%	N/A
#17	SANDISK CORP ORDINARY SHARES (SNDK) - 0.83%	N/A
#18	CITIGROUP INC (C) - 0.81%	N/A
#19	MICRON TECHNOLOGY INC (MU) - 0.80%	N/A
#20	CVS HEALTH CORP (CVS) - 0.74%	N/A
#21	AT&T INC (T) - 0.67%	N/A
#22	BROADCOM INC (AVGO) - 0.67%	N/A
#23	CONOCOPHILLIPS (COP) - 0.65%	N/A
#24	NVIDIA CORP (NVDA) - 0.64%	N/A
#25	THE GOLDMAN SACHS GROUP INC (GS) - 0.62%	N/A
Total Holdings	1424	6

VLU vs HEWJ - Historical Returns

Returns include dividend reinvestment.

Period	VLU	HEWJ
1 month	+2.21%	-3.31%
3 months	+6.08%	+10.08%
6 months	+11.64%	+15.05%
1 year	+26.55%	+52.35%
5 years(CAGR)	+12.92%	+22.25%
10 years(CAGR)	+14.13%	+16.68%
Max(CAGR)	+13.81%	+14.26%

Winner

VLU

+2.21%

HEWJ

-3.31%

VLU

+6.08%

Winner

HEWJ

+10.08%

VLU

+11.64%

Winner

HEWJ

+15.05%

VLU

+26.55%

Winner

HEWJ

+52.35%

5Y(CAGR)

VLU

+12.92%

Winner

HEWJ

+22.25%

10Y(CAGR)

VLU

+14.13%

Winner

HEWJ

+16.68%

Max(CAGR)

VLU

+13.81%

Winner

HEWJ

+14.26%

VLU vs HEWJ - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	VLU	HEWJ
2026	+14.93%	+21.41%
2025	+16.93%	+30.04%
2024	+17.18%	+25.12%
2023	+17.26%	+35.83%
2022	-9.01%	-4.22%
2021	+32.52%	+14.41%
2020	+9.22%	+9.12%
2019	+25.72%	+20.80%
2018	-7.87%	-14.88%
2017	+16.99%	+19.55%
2016	+18.60%	+1.29%
2015	-0.88%	+8.29%
2014	+14.49%	+20.54%
2013	+34.60%	N/A
2012	+2.14%	N/A

VLU vs HEWJ Drawdown Comparison

The maximum drawdown for VLU was -37.36%, occurring on Mar 23, 2020. Recovery took 193 trading sessions.

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

The current VLU drawdown is -0.26%. The current HEWJ drawdown is -3.31%.

Rank	VLU	HEWJ
#1	-37.36% Feb 12, 2020 - Nov 16, 2020	-31.53% Feb 6, 2020 - Nov 9, 2020
#2	-20.21% Sep 24, 2018 - Oct 25, 2019	-29.57% Aug 10, 2015 - Oct 10, 2017
#3	-19.56% Jan 11, 2022 - Jul 28, 2023	-21.57% Jan 23, 2018 - Feb 6, 2020
#4	-16.23% Feb 19, 2025 - Jul 1, 2025	-20.90% Jul 10, 2024 - Jun 27, 2025
#5	-15.95% May 19, 2015 - Jul 25, 2016	-16.03% Sep 13, 2021 - Nov 25, 2022
#6	-10.57% Jan 26, 2018 - Aug 21, 2018	-11.19% Sep 26, 2014 - Oct 31, 2014
#7	-10.55% Jul 31, 2023 - Dec 11, 2023	-10.37% Feb 25, 2026 - May 8, 2026
#8	-7.43% Sep 4, 2014 - Nov 5, 2014	-8.93% Jun 1, 2015 - Aug 10, 2015
#9	-6.63% Jan 15, 2014 - Feb 24, 2014	-8.77% Dec 5, 2014 - Feb 13, 2015
#10	-6.34% Feb 11, 2026 - Apr 14, 2026	-8.12% Nov 25, 2022 - Mar 3, 2023
#11	-6.21% Nov 29, 2024 - Feb 19, 2025	-7.89% Mar 6, 2014 - Jun 4, 2014
#12	-5.99% Jul 17, 2024 - Aug 23, 2024	-7.45% Sep 19, 2023 - Nov 17, 2023
#13	-5.76% Nov 8, 2021 - Dec 27, 2021	-7.23% Mar 8, 2023 - Apr 17, 2023
#14	-5.32% Oct 31, 2012 - Dec 11, 2012	-6.97% Apr 5, 2021 - Sep 2, 2021
#15	-5.16% May 31, 2013 - Jul 9, 2013	-6.31% Jun 22, 2026 - Jul 17, 2026

Correlation

Correlation between VLU and HEWJ is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2012 - 2026)

VLU vs HEWJ dividend yield comparison.

Year	VLU	HEWJ
2026	0.80%	0.54%
2025	1.82%	5.10%
2024	2.00%	2.20%
2023	2.02%	2.02%
2022	2.16%	47.68%
2021	1.86%	2.03%
2020	1.98%	1.20%
2019	2.19%	2.78%
2018	2.57%	1.37%
2017	1.96%	1.21%
2016	2.14%	1.88%
2015	6.37%	3.25%
2014	5.42%	2.15%
2013	3.41%	0.00%
2012	0.55%	0.00%