HEWG

iShares Currency Hedged MSCI Germany ETF
CLOSING PRICECHANGE (%)VOLUME
$28.66+0.16 (0.56%)251.55K
3:59:00 p.m. (ET) 06/28/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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D

54
  • 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-hedged 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%
$913.44 M
$9.68 M
0.04%

HEWG Portfolio Data

$65.64 B
22.17
1.79
1.92%
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
15:59:5328.67100
15:59:3128.67300
15:58:5928.68100
15:55:0528.68100
15:49:3428.67100
15:49:3428.67100
15:37:1528.67100
15:33:3128.67100
15:26:3328.68100
15:23:2528.66100
Bats BZX Real-time Quote - 17:25:14
Average Spread
Premium/Discount
Volume

HEWG FactSet Analytics Block Liquidity

As of 06/28/17
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

337,656
$9.68 M
263,095
$7.53 M
0.04%
$0.01
-0.01%
0.11% / -0.14%
None
100.00%
50,000
5.26
0.01%
1.52%
91
$28.50
2

HEWG Performance Statistics

0.52
0.65
0.68
0.59
0.62%
MSCI Germany Investable Markets