HEWG

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

HEWG Fund Description

HEWG 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 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.

HEWG MSCI ESG Analytics Insight

iShares Currency Hedged MSCI Germany ETF has an MSCI ESG Fund Rating of A based on a score of 6.51 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 Germany ETF ranks in the 67th percentile within its peer group and in the 6th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 05/06/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HEWG -1.82% 6.34% 10.71% 40.91% 6.52% 9.94% --
HEWG (NAV) -0.02% 6.61% 11.11% 42.44% 6.61% 9.85% --
MSCI Germany 100% Hedged to USD -0.61% 6.12% 9.52% 41.12% 6.89% 10.23% 8.03%
MSCI Germany IMI 1.18% 5.92% 7.79% 56.72% 5.13% 9.69% 5.25%
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%
$61.49M
$2.15M
0.04%

HEWG Portfolio Data

$72.11B
43.96
1.86
2.25%
07/02/21
60

HEWG Index Data

Market Cap
Market Cap
MSCI Germany IMI

HEWG Portfolio Management

0.53%
-0.46%
5.69%
-6.50%

HEWG Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

HEWG Fund Structure

Open-Ended Fund
Yes
No
80% / 20%
N/A
N/A
Medium
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

HEWG Factset Analytics Block Liquidity

As of 05/07/21
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 5 out of 5.

HEWG Tradability

68,284
$2.15M
32,128
$1.04M
0.04%
$0.01
-0.02%
0.22% / -0.20%
None
100.00%
50,000
0.64
0.00%
0.04%
37
$32.46
5

HEWG Sector/Industry Breakdown


HEWG
Segment Benchmark
19.26%
18.98%
18.62%
18.36%
14.68%
14.74%
14.26%
15.09%
11.47%
11.29%
10.76%
10.68%
4.80%
4.54%
3.81%
3.57%
1.41%
1.72%
0.94%
0.95%

HEWG Top 10 Holdings

2.79%
0.00%
100.00%

HEWG Countries


HEWG
Segment Benchmark
99.27%
99.34%
0.73%
0.66%

HEWG Regions


HEWG
Segment Benchmark
99.27%
99.34%
0.73%
0.66%

HEWG Economic Development


HEWG
Segment Benchmark
100.00%
100.00%

HEWG Performance Statistics

0.61
0.72
0.73
0.83
0.90%
MSCI Germany IMI

HEWG MSCI ESG Ratings

6.51 / 10
6.06
67.40
13.99%
6.13%
194.29

HEWG Benchmark Comparison Holdings

60
165
60
90.86%

HEWG Benchmark Comparison Summary


HEWG
Segment Benchmark
60
165
$72.11B
$65.83B
43.96
52.43
1.86
1.87
2.28%
2.17%
Medium
Medium

HEWG Benchmark Comparison Market Cap Size


HEWG
Segment Benchmark
94.07%
85.47%
5.93%
10.90%
0.00%
3.50%
0.00%
0.14%