HEWG

iShares Currency Hedged MSCI Germany ETF
CLOSING PRICECHANGE (%)VOLUME
$28.61-0.07 (-0.24%)282.35K
4:00:00 p.m. (ET) 05/24/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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Overall Rating

D

50
as of 05/24/17

Rating Details

60
80
50
Segment Average
  • Overview
  • Efficiency
  • Tradability
  • Fit

HEWG Fund Description

The iShares Currency Hedged MSCI Germany ETF tracks an index of large- and midcap German stocks, while fully hedging out its exposure to the euro relative to the US dollar.

HEWG FactSet Analytics Insight

HEWG is currently the largest currency-hedgeda "purer" exposure to German equities Germany ETFs. It competes with Deutsche X-tracker's DBGR and WisdomTree's DXGE, and attempts to provide neutral exposure to the German market. The fund's exclusion of small-caps means the fund tilts large, and is also more concentrated than our neutral benchmark. By neutralizing its exposure to the euro relative to the dollar, investors can expect a "purer" exposure to German equities. This cuts both ways, as HEWG will underperform its unhedged peers when the euro appreciates against the dollar. HEWG has strong on-screen liquidity, and underlying liquidity is stronger than it looks thanks to its chief underlying asset: blockbuster fund EWG. Its fees are reasonable, but investors should note that the fund's currency-hedged approach can result in capital gains distributions.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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HEWG Top 10 Countries

HEWG Top 10 Sectors

HEWG Top 10 Holdings View All

HEWG Summary Data

01/31/14
Open-Ended Fund
0.53%
$909.94 M
$10.47 M
0.04%

HEWG Portfolio Data

$63.46 B
21.80
1.87
1.91%
07/06/17
55

HEWG Index Data

MSCI Germany 100% Hedged to USD
Market Cap
Market Cap
MSCI Germany Investable Markets

Related ETFs to HEWG

DBGR, DXGE, EWG, FGM, QDEU
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

HEWG Portfolio Management

0.53%
-0.24%
3.22%
-2.55%

HEWG Tax Exposures

20.00% / 39.60%
1.17%
Qualified dividends
No

HEWG Fund Structure

Open-Ended Fund
Yes
Yes
75% / 25%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
15:59:5728.63100
15:58:2528.62100
15:58:2528.6289
15:54:2928.63100
15:05:5528.60100
14:03:4728.59100
13:55:3228.60100
13:37:1428.60200
13:13:3928.60100
12:11:5028.59300
Bats BZX Real-time Quote - 18:21:12
Average Spread
Premium/Discount
Volume

HEWG FactSet Analytics Block Liquidity

As of 05/24/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HEWG. HEWG is rated a 2 out of 5.

HEWG Tradability

374,029
$10.47 M
255,530
$7.19 M
0.04%
$0.01
-0.01%
0.11% / -0.32%
None
100.00%
50,000
5.11
0.01%
1.52%
91
$28.68
2

HEWG Performance Statistics

0.62
0.68
0.68
0.77
0.67%
MSCI Germany Investable Markets