# iShares Currency Hedged MSCI Japan ETF (HEWJ) vs State Street SPDR S&P 500 ETF Trust (SPY) · total-return overlay

LOPJLB holding-return compare (5Y). Dividends and splits. Each path starts at 0% from the first adjusted close in the window.

iShares Currency Hedged MSCI Japan ETF (HEWJ) vs State Street SPDR S&P 500 ETF Trust (SPY) total return over 5Y: HEWJ +244.37%, SPY +90.31%. Regime HEWJ BULL · SPY BULL. As of Oct 6, 2026. Research only.

- Interactive: https://www.lopjlb.com/vs/HEWJ/SPY
- API: `GET /bff/api/bigfive/compare-series?symbols=HEWJ%2CSPY&range=5y`

## Window

| Symbol | Window % | Worst drawdown | YTD |
|---|---:|---:|---:|
| HEWJ | +244.37% | -20.90% | +26.53% |
| SPY | +90.31% | -24.49% | +14.93% |

## Periods (calendar lookback)

| Symbol | 1Y | 2Y | 3Y | 5Y |
|---|---:|---:|---:|---:|
| HEWJ | +34.86% | +70.99% | +117.95% | +244.37% |
| SPY | +17.26% | +40.38% | +88.09% | +90.31% |

## Annual

| Year | HEWJ | SPY |
|---|---:|---:|
| YTD | +26.53% | +14.93% |
| 2025 | +30.24% | +18.01% |
| 2024 | +25.15% | +25.59% |
| 2023 | +35.86% | +26.73% |
| 2022 | +18.38% | -18.64% |
| 2021 | +2.64% | +8.86% |

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Research context only. Not personalized investment advice.