What is HEWJ?

HEWJ tracks an index of large- and mid-cap Japanese stocks, while fully hedging out its exposure to the yen relative to the US dollar.

PERFORMANCE [as of 03/29/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HEWJ -- -- -- -- -- -- --
HEWJ (NAV) 1.04% 6.09% 8.67% 4.09% 15.49% 6.83% --
MSCI Japan 100% Hedged to USD Index 0.47% 6.53% 6.83% 5.20% 15.15% 7.58% 9.49%
MSCI Japan IMI 2.84% 5.61% 4.77% -5.63% 5.99% 0.78% 4.98%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HEWJ Factset Analytics Insight

HEWJ is a currency-hedged version of iShares' blockbuster Japan ETF, EWJ. HEWJ provides the same exposure as EWJ and overlays the ETF holdings with forward currency contracts to neutralize its exposure to the yen. HEWJ is a market-like fund with neutral exposures, so sector biases are minimal. It excludes small-caps and therefore tilts slightly large. The fund’s tracking record is distorted since the stocks in the underlying index (used in HEWJ's NAV) trade at different times and therefore can have very different end-of day prices. Overall, the fund gets the equity exposure that EWJ provides without the gains or losses from the yen

HEWJ Summary Data

Blackrock
01/31/14
0.50%
$167.18M
MSCI Japan 100% Hedged to USD Index
MSCI Japan IMI
Open-Ended Fund

Peers

MSCI Japan IMI

Fund Flows

$0.00B 5 Days
+$0.04B 30 Days
-$0.08B 90 Days

HEWJ Portfolio Data

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--
--
44.76%
07/03/23
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HEWJ Index Data

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

HEWJ Portfolio Management

0.50%
--
--
--

HEWJ Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

HEWJ Fund Structure

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

Factset Analytics Block Liquidity

As of 03/30/23

This measurement shows how easy it is to trade a $1 million USD block of HEWJ. HEWJ is rated a N/A out of 5.

HEWJ Tradability

110,031
$3.04M
37,738
$1.08M
0.05%
$0.01
-0.02%
0.16% / -0.20%
None
100.00%
50,000
0.75
0.01%
0.03%
13
$28.42
N/A

HEWJ Sector/Industry Breakdown

HEWJ Segment
Benchmark
99.95% --
0.05% --

HEWJ Top 10 Holdings

0.05%
100.00%

HEWJ Performance Statistics

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--
--
--
0.00%
MSCI Japan IMI

HEWJ Benchmark Comparison Holdings

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HEWJ Benchmark Comparison Summary

HEWJ Segment
Benchmark
-- --
-- --
-- --
-- --
-- --
Low --

HEWJ Benchmark Comparison Market Cap Size

HEWJ Segment
Benchmark
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