HEWUiShares Currency Hedged MSCI United Kingdom ETF
HEWU Fund Description
HEWU tracks an index of large- and midcap UK stocks, hedged against movements in the pound for US investors.
HEWU Factset Analytics Insight
HEWU offers exposure to UK stocks with a currency hedge for US investors. The fund specifically holds EWU, an ETF that covers the large- and midcap segments of the UK equity market, along with currency forwards to mitigate risks associated with the British pound currency fluctuations relative to the US dollar. In employing this hedging strategy, the index sells the GBP forward contracts on a monthly basis. As a currency hedged-version of the MSCI United Kingdom Index, the underlying index invests across various sectors and employs the same market cap-focused strategy for the selection and weighting of its constituents. Overall, HEWU provides UK equity market exposure without the gains or losses from the movements of the British pound. The hedge resets monthly and the index rebalances on a quarterly basis.
HEWU MSCI ESG Analytics Insight
iShares Currency Hedged MSCI United Kingdom ETF has an MSCI ESG Fund Rating of AAA based on a score of 9.68 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 United Kingdom ETF ranks in the 99th percentile within its peer group and in the 98th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HEWU Summary Data
HEWU Portfolio Data
HEWU Index Data
HEWU Portfolio Management
HEWU Tax Exposures
HEWU Fund Structure
HEWU Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HEWU. HEWU is rated a N/A out of 5.
HEWU Sector/Industry Breakdown
HEWU Top 10 Holdings
HEWU Economic Development
HEWU Performance Statistics
HEWU MSCI ESG Ratings
HEWU Benchmark Comparison Summary
HEWU Benchmark Comparison Market Cap Size