iShares Currency Hedged MSCI Japan ETFiShares Currency Hedged MSCI Japan ETFiShares Currency Hedged MSCI Japan ETF

iShares Currency Hedged MSCI Japan ETF

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Key stats

Assets under management (AUM)
‪359.13 M‬USD
Fund flows (1Y)
‪110.53 M‬USD
Dividend yield (indicated)
1.71%
Discount/Premium to NAV
−0.3%

About iShares Currency Hedged MSCI Japan ETF

Issuer
BlackRock, Inc.
Brand
iShares
Expense ratio
0.50%
Home page
Inception date
Jan 31, 2014
Index tracked
MSCI Japan 100% Hedged to USD Net Variant
Management style
Passive
HEWJ is a currency-hedged version of iShares' blockbuster Japan ETF, EWJ. HEWJ provides the same exposure as EWJ and overlays the ETF holdings with forward currency contracts to neutralize its exposure to the yen. HEWJ is a market-like fund with neutral exposures, so sector biases are minimal. It excludes small-caps and therefore tilts slightly large. The funds tracking record is distorted since the stocks in the underlying index (used in HEWJ's NAV) trade at different times and therefore can have very different end-of day prices. Overall, the fund gets the equity exposure that EWJ provides without the gains or losses from the yen

Classification

Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 30, 2024
Exposure type
Bonds, Cash & Other
Miscellaneous
ETF
Bonds, Cash & Other100.00%
Miscellaneous51.38%
ETF48.59%
Cash0.02%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows