HEWJ vs OPPJ
iShares Currency Hedged MSCI Japan ETF compared with WisdomTree Japan Opportunities Fund on yield, payout growth, payment schedule, cost and risk.
HEWJ
iShares Currency Hedged MSCI Japan ETF
TTM yield · Semi-annual
OPPJ
WisdomTree Japan Opportunities Fund
TTM yield · Quarterly
Quick take
- OPPJ yields more today: 2.28% vs 1.07% (forward).
- HEWJ has grown its payout faster: 9.0%/yr vs 4.8%/yr over the last 5 years.
- HEWJ pays twice a year; OPPJ pays every quarter.
- Over the last year OPPJ delivered the higher total return: +51.0% vs +38.2% (price change plus payouts).
- HEWJ is cheaper to own: 0.49% vs 0.58% expense ratio.
- HEWJ has the steadier distribution: consistency 52/100 vs 30/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | HEWJ | OPPJ |
|---|---|---|
| Share price | $65.20 | $59.74 |
| TTM yield | 0.97% | 1.08% |
| Forward yield | 1.07% | 2.28% |
| Annual payout per share | $0.698 | $1.36 |
| Payment frequency | Semi-annual | Quarterly |
| Next ex-date | Dec 31, 2026 (est.) | Sep 25, 2026 (est.) |
| Expense ratio | 0.49% | 0.58% |
| 1-year payout growth | -41.2% | +9.3% |
| 5-year payout CAGR | +9.0% | +4.8% |
| Consecutive years of increases | 0 years | 1 year |
| Payout consistency (last 12) | 52/100 | 30/100 |
| 1-year total return | +38.2% | +51.0% |
| 1-year price return | +36.8% | +49.4% |
| Size (market cap / AUM) | 773.9M | 285.0M |
| Years paying | 12.2 | 12.7 |
| Sector / category | Japan Stock | Japan Stock |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| HEWJ | OPPJ | |
|---|---|---|
| Shares | 153.4 | 167.4 |
| Income per year | $107 | $228 |
| Income per month (avg) | $9 | $19 |
At forward yields, before taxes. Model HEWJ · Model OPPJ
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| HEWJ Dec 31, 2026 | Jan 14, 2027 | $0.349 | Est. |
| HEWJ Jul 1, 2027 | Jul 15, 2027 | $0.349 | Est. |
| OPPJ Sep 25, 2026 | Sep 29, 2026 | $0.34 | Est. |
| OPPJ Dec 26, 2026 | Dec 30, 2026 | $0.34 | Est. |
| OPPJ Mar 28, 2027 | Apr 1, 2027 | $0.34 | Est. |
Annual payouts per share
HEWJOPPJ
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, HEWJ or OPPJ?
OPPJ currently has the higher trailing yield: HEWJ yields 0.97% and OPPJ yields 1.08%. Yield changes daily with price, so check the live figures above.
How often do HEWJ and OPPJ pay?
HEWJ pays twice a year and OPPJ pays every quarter. HEWJ's next ex-date is Dec 31, 2026 and OPPJ's is Sep 25, 2026.
Which has grown its dividend faster, HEWJ or OPPJ?
HEWJ has grown its payout faster: 9.0%/yr vs 4.8%/yr over the last 5 years.
Is HEWJ or OPPJ better for income?
It depends on what you are optimising for. HEWJ and OPPJ differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.