HEWG

iShares Currency Hedged MSCI Germany ETF
CLOSING PRICECHANGE (%)VOLUME
$27.51+0.34 (1.25%)214.93K
3:59:00 p.m. (ET) 03/28/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
---- (--)
BID SIZEBID ($)ASK ($)ASK SIZE
--------

Overall Rating

D

49
as of 03/28/17

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
COMPARE
RESET
Select ETFs to compare their performance:

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%
$480.39 M
$8.25 M
0.04%

HEWG Portfolio Data

$61.95 B
19.76
1.88
2.01%
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----
----
----
----
----
BIDS----
----
----
----
----
LAST 10 TRADES
TIMEPRICESHARES
15:59:4327.51200
15:59:4327.51920
15:59:4227.51100
15:59:3927.51100
15:59:3627.51100
15:59:3427.51100
15:59:3127.51100
15:59:2827.5180
15:57:5927.51100
15:57:5927.51100
Bats BZX Real-time Quote - 18:00:27
Average Spread
Premium/Discount
Volume

HEWG FactSet Analytics Block Liquidity

As of 03/28/17
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

308,307
$8.25 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
$27.17
2

HEWG Performance Statistics

0.62
0.70
0.66
0.75
0.69%
MSCI Germany Investable Markets