HEWJiShares Currency Hedged MSCI Japan ETF
HEWJ Fund Description
HEWJ tracks an index of large- and midcap Japanese stocks, while fully hedging out its exposure to the yen relative to the US dollar.
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 MSCI ESG Analytics Insight
iShares Currency Hedged MSCI Japan ETF has an MSCI ESG Fund Rating of A based on a score of 6.47 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 Japan ETF ranks in the 54th percentile within its peer group and in the 71st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HEWJ Summary Data
HEWJ Portfolio Data
HEWJ Index Data
HEWJ Portfolio Management
HEWJ Tax Exposures
HEWJ Fund Structure
HEWJ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HEWJ. HEWJ is rated a 5 out of 5.
HEWJ Sector/Industry Breakdown
HEWJ Top 10 Holdings
HEWJ Economic Development
HEWJ Performance Statistics
HEWJ MSCI ESG Ratings
HEWJ Benchmark Comparison Summary
HEWJ Benchmark Comparison Market Cap Size