HEWG

iShares Currency Hedged MSCI Germany ETF
CLOSING PRICECHANGE (%)VOLUME
$27.01+0.07 (0.26%)295.57K
4:00:00 p.m. (ET) 08/18/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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D

47
  • 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

HEWG Summary Data

01/31/14
Open-Ended Fund
0.53%
$814.31 M
$8.31 M
0.04%

HEWG Portfolio Data

$64.97 B
23.53
1.75
2.11%
12/04/17
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
15:59:3127.0294
15:59:3127.02100
15:55:1827.03100
15:11:0627.05100
13:16:0227.0719
12:45:2927.0817
11:30:5327.046
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Bats BZX Real-time Quote - 17:42:48
Daily Spread
Premium/Discount
Volume

HEWG FactSet Analytics Block Liquidity

As of 08/18/17
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

299,467
$8.31 M
254,506
$7.04 M
0.04%
$0.01
-0.01%
0.11% / -0.14%
None
100.00%
50,000
5.09
0.01%
1.68%
91
$26.94
2

HEWG Performance Statistics

0.46
0.65
0.68
0.57
0.61%
MSCI Germany Investable Markets