HEEMiShares Currency Hedged MSCI Emerging Markets ETF
HEEM Fund Description
HEEM tracks an index of broad emerging market equities with currency exposure from the underlying stocks hedged out for USD investors.
HEEM Factset Analytics Insight
HEEM offers currency-hedged exposure to a broad basket of emerging-market stocks. The fund piggybacks on iShares' hugely popular EEM. In fact, HEEM simply holds the same stocks as EEM and overlays that position with currency contracts to hedge out its currency exposure to the US dollar. The index is 100% hedged to US dollars by selling each foreign currency forward at the one-month forward weight, while the amount is kept constant during the period. Outside of the currency-hedge, HEEM's exposure is vanilla. It's worth noting that this fund defines Korea as an emerging market, so that country is represented in this portfolio. The index is rebalanced monthly on the last trading day, to take into account the effect of the rolling one-month forward contracts.
HEEM MSCI ESG Analytics Insight
iShares Currency Hedged MSCI Emerging Markets ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.02 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares Currency Hedged MSCI Emerging Markets ETF ranks in the 30th percentile within its peer group and in the 32nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HEEM Summary Data
HEEM Portfolio Data
HEEM Index Data
HEEM Portfolio Management
HEEM Tax Exposures
HEEM Fund Structure
HEEM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HEEM. HEEM is rated a N/A out of 5.
HEEM Sector/Industry Breakdown
HEEM Top 10 Holdings
HEEM Economic Development
HEEM Performance Statistics
HEEM MSCI ESG Ratings
HEEM Benchmark Comparison Summary
HEEM Benchmark Comparison Market Cap Size