HEWCiShares Currency Hedged MSCI Canada ETF
HEWC Fund Description
HEWC tracks an index of large- and midcap Canadian stocks, hedged against movements in the Canadian dollar for USD investors.
HEWC Factset Analytics Insight
HEWC offers no-frills exposure to Canadian stocks with a currency hedge to USD. The fund enters into foreign currency forward contracts at a one-month forward rate in order to offset its exposure to the CAD, with the hedge being reset on a monthly basis. All in all, HEWC offers a straightforward basket of currency-hedged stocks. It should be noted, however, that the returns of these forward contracts may not perfectly offset actual fluctuations between the value of the CAD and the USD. Sibling fund EWC tracks the unhedged version of the index.
HEWC MSCI ESG Analytics Insight
iShares Currency Hedged MSCI Canada ETF has an MSCI ESG Fund Rating of A based on a score of 6.94 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 Canada ETF ranks in the 78th percentile within its peer group and in the 30th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HEWC Summary Data
HEWC Portfolio Data
HEWC Index Data
HEWC Portfolio Management
HEWC Tax Exposures
HEWC Fund Structure
HEWC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HEWC. HEWC is rated a N/A out of 5.
HEWC Sector/Industry Breakdown
HEWC Top 10 Holdings
HEWC Economic Development
HEWC Performance Statistics
HEWC MSCI ESG Ratings
HEWC Benchmark Comparison Summary
HEWC Benchmark Comparison Market Cap Size