HEWG

iShares Currency Hedged MSCI Germany ETF
CLOSING PRICECHANGE (%)VOLUME
$27.55+0.04 (0.15%)126.10K
4:00:00 p.m. (ET) 03/29/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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Overall Rating

D

49
as of 03/29/17

Rating Details

59
79
49
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%
$478.44 M
$8.3 M
0.04%

HEWG Portfolio Data

$61.95 B
19.76
1.88
1.99%
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%
-0.30%
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
15:54:5627.56100
15:54:0427.57100
13:01:5427.5523
13:00:3627.55100
12:40:3027.5516
12:40:3027.55184
12:15:4827.55200
12:05:0127.55100
11:39:0127.57100
11:02:3527.56100
Bats BZX Real-time Quote - 17:28:46
Average Spread
Premium/Discount
Volume

HEWG FactSet Analytics Block Liquidity

As of 03/29/17
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

309,876
$8.3 M
224,827
$6.08 M
0.04%
$0.01
-0.02%
0.11% / -0.32%
None
100.00%
50,000
4.50
0.01%
1.54%
94
$27.51
2

HEWG Performance Statistics

0.62
0.70
0.67
0.75
0.69%
MSCI Germany Investable Markets