HEWU

iShares Currency Hedged MSCI United Kingdom ETF
CLOSING PRICECHANGE (%)VOLUME
$23.76+0.18 (0.76%)17.57K
3:58:00 p.m. (ET) 03/28/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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Overall Rating

N/A

N/A
as of 03/28/17

Rating Details

N/A
N/A
N/A
Segment Average
  • Overview
  • Efficiency
  • Tradability
  • Fit

HEWU Fund Description

The iShares Currency Hedged MSCI United Kingdom ETF tracks an index of large- and midcap UK stocks, hedged against movements in the pound for US investors.

HEWU FactSet Analytics Insight

Launched July 1, 2015, HEWU offers no-frillsholds large and liquid EWU exposure to UK stocks with a currency hedge for US investors. The fund holds large and liquid EWU to provide the equity exposure, which in turn holds the underlying stocks directly. This structure is akin to a Russian doll, rather than a derivative. Still, derivatives are used for the FX hedge: 1-month forward contracts. We see little additional risk from the forwards themselves, which should provide effective, but not perfect, hedging. HEWU competes directly with Deutsche Bank’s DBUK, which provides comparable exposure for a similar headline fee. Compare trading costs when choosing between the 2 funds, but not tracking stats. HEWU’s tracking error will look bad because its NAV is based on the market price of EWU, which can trade when the index’s stock market is closed. In all, HEWU offers a straightforward basket of currency-hedged stocks. Trade the new fund with care.

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

HEWU Top 10 Sectors

HEWU Top 10 Holdings View All

HEWU Summary Data

07/01/15
Open-Ended Fund
0.49%
$85.17 M
$772.07 K
0.15%

HEWU Portfolio Data

$73.05 B
35.17
1.90
16.69%
07/06/17
107

HEWU Index Data

MSCI United Kingdom 100% Hedged to USD Index
Market Cap
Market Cap
MSCI United Kingdom Investable Markets

Related ETFs to HEWU

DBUK, DXPS, EWU, FKU, QGBR
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

HEWU Portfolio Management

0.49%
-0.59%
2.40%
-2.68%

HEWU Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

HEWU Fund Structure

Open-Ended Fund
Yes
Yes
75% / 25%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
14:52:1423.75300
14:52:1423.75100
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Bats BZX Real-time Quote - 18:01:25
Average Spread
Premium/Discount
Volume

HEWU 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 HEWU. HEWU is rated a 2 out of 5.

HEWU Tradability

33,240
$772.07 K
25,119
$593.68 K
0.15%
$0.03
0.04%
4.36% / -1.92%
None
100.00%
50,000
0.50
0.01%
2.05%
--
$23.58
2

HEWU Performance Statistics

0.39
0.35
0.44
0.27
0.92%
MSCI United Kingdom Investable Markets