HEWW

iShares Currency Hedged MSCI Mexico ETF
F

54
*Unless otherwise stated, data provided by FactSet.

HEWW Fund Description

HEWW tracks an index of large-, mid- and small-cap Mexican stocks, hedged against movements in the peso for US investors.

HEWW Factset Analytics Insight

Launched July 1, 2015, HEWW offers no-frills exposure to Mexican stocks with a currency hedge for US investors. The fund holds large and liquid EWW to provide the equity exposure, which in turn holds the underlying stocks directly. This structure is akin to a Russian doll, rather than a derivative. Still, derivatives are used for the FX hedge: 1-month forward contracts. We see little additional risk from the forwards themselves, which should provide effective, but not perfect, hedging. HEWW competes directly with Deutsche Bank’s DBMX, which provides comparable exposure for a similar headline fee. Compare trading costs when choosing between the 2 funds, but not tracking stats. HEWW’s tracking error may look bad because its NAV is based on the market price of EWW, which can trade when the index’s stock market is closed. In all, HEWW offers a straightforward basket of currency-hedged stocks. Trade the new fund with care.

HEWW CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 05/22/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HEWW -5.42% -2.35% 1.58% -8.42% -5.89% -- --
HEWW (NAV) -5.65% -2.88% 2.03% -9.01% -5.21% -- --
MSCI Mexico IMI 25/50 US Dollar Hedged Index -5.52% -2.71% 2.00% -8.81% -5.13% -2.00% --
MSCI Mexico IMI -5.80% -0.62% 7.86% -1.26% -1.37% -5.76% 3.94%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HEWW Top 10 Countries

HEWW Top 10 Sectors

HEWW Top 10 Holdings

HEWW Summary Data

BlackRock
iShares
07/01/15
Open-Ended Fund
0.50%
$836.10K
$8.62K
0.42%

HEWW Portfolio Data

$16.50B
15.32
1.85
2.47%
07/02/19
3

HEWW Index Data

MSCI Mexico IMI 25/50 US Dollar Hedged Index
Market Cap
Market Cap
MSCI Mexico IMI

HEWW Portfolio Management

0.50%
0.29%
3.39%
-1.58%

HEWW Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

HEWW Fund Structure

Open-Ended Fund
Yes
Yes
80% / 20%
N/A
N/A
High
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

HEWW Factset Analytics Block Liquidity

As of 05/23/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HEWW. HEWW is rated a 2 out of 5.

HEWW Tradability

400
$8.62K
100
$2.71K
0.42%
$0.07
-0.45%
6.05% / -4.48%
None
100.00%
50,000
0.00
0.01%
0.58%
--
$16.59
2

HEWW Sector/Industry Breakdown


HEWW
Segment Benchmark
22.01%
19.67%
20.16%
19.03%
16.24%
16.78%
16.07%
16.12%
11.49%
12.88%
11.16%
10.42%
1.42%
1.37%
0.48%
0.36%

HEWW TOP 10 HOLDINGS

0.01%
100.01%

HEWW Countries


HEWW
Segment Benchmark
100.00%
100.00%

HEWW Regions


HEWW
Segment Benchmark
100.00%
100.00%

HEWW Economic Development


HEWW
Segment Benchmark
100.00%
100.00%

HEWW Performance Statistics

0.77
0.61
0.61
0.65
0.71%
MSCI Mexico IMI

HEWW BENCHMARK COMPARISON HOLDINGS

3
56
54
93.65%

HEWW BENCHMARK COMPARISON SUMMARY


HEWW
Segment Benchmark
3
56
$16.50B
$17.02B
15.32
15.14
1.85
1.86
2.91%
2.95%
High
High

HEWW BENCHMARK COMPARISON MARKET CAP SIZE


HEWW
Segment Benchmark
48.97%
51.03%
35.89%
34.95%
12.81%
12.55%
2.33%
1.47%