HEWG

iShares Currency Hedged MSCI Germany ETF
*Unless otherwise stated, data provided by FactSet.

HEWG Fund Description

HEWG tracks an index of large- and mid-cap German stocks, while fully hedging out its exposure to the euro relative to the US dollar.

HEWG Factset Analytics Insight

HEWG is a fund of funds that represents a currency hedged-version of the MSCI Germany Index. It specifically holds EWG, a fund that provides exposure to large- and midcap segments of the German equity market, along with currency forwards to mitigate risks associated with the euro currency fluctuations relative to the US dollar. In employing this hedging strategy, the index sells the EUR forward contracts at the one-month forward rate. The fund excludes small-cap companies which are a minor part of the overall market. By neutralizing its exposure to the euro relative to the dollar, investors can expect a purer exposure to German equities. Overall, HEWG gets the equity exposure that EWG provides without the gains or losses from the euro. The hedge resets monthly and the index rebalances on a quarterly basis.

PERFORMANCE [as of 08/16/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HEWG 8.34% -0.52% -14.13% -15.92% 5.26% 2.72% --
HEWG (NAV) 8.18% -0.63% -14.03% -15.92% 5.24% 2.72% --
MSCI Germany IMI -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HEWG Summary Data

Blackrock
iShares
01/31/14
Open-Ended Fund
0.53%
$40.49M
$1.46M
0.07%

HEWG Portfolio Data

$58.31B
10.35
1.38
4.03%
12/02/22
57

HEWG Index Data

MSCI Germany 100% Hedged to USD Index
Market Cap
Market Cap
MSCI Germany IMI

HEWG Portfolio Management

0.53%
-0.23%
2.49%
-2.80%

HEWG Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

HEWG Fund Structure

Open-Ended Fund
Yes
No
-- / --
N/A
N/A
High
Daily

HEWG Factset Analytics Block Liquidity

As of 08/17/22
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

56,400
$1.46M
13,585
$359.29K
0.07%
$0.02
-0.03%
0.58% / -1.15%
None
100.00%
50,000
0.27
0.01%
1.55%
13
$27.15
2

HEWG Sector/Industry Breakdown


HEWG
Segment Benchmark
99.98%
--
0.02%
--

HEWG Top 10 Holdings

0.02%
100.00%

HEWG Countries


HEWG
Segment Benchmark
99.15%
99.15%
0.85%
0.85%

HEWG Regions


HEWG
Segment Benchmark
99.15%
99.15%
0.85%
0.85%

HEWG Economic Development


HEWG
Segment Benchmark
100.00%
100.00%

HEWG Performance Statistics

0.62
0.63
0.61
0.59
0.97%
MSCI Germany IMI

HEWG Benchmark Comparison Holdings

57
172
57
90.14%

HEWG Benchmark Comparison Summary


HEWG
Segment Benchmark
57
172
$58.31B
$52.83B
10.35
10.45
1.38
1.38
3.37%
3.23%
Medium
Medium

HEWG Benchmark Comparison Market Cap Size


HEWG
Segment Benchmark
86.67%
78.11%
13.33%
16.93%
0.00%
4.67%
0.00%
0.28%