HEZUiShares Currency Hedged MSCI Eurozone ETF
HEZU Fund Description
HEZU tracks a cap-weighted index of large- and midcap securities from the eurozone, while hedging out its exposure to the euro currency relative to the US dollar.
HEZU Factset Analytics Insight
HEZU offers straightforward exposure to eurozone countries, hedged for currency exposure for USD investors. By design, it excludes firms from countries that don't use the euro like the UK, Switzerland, and Sweden. The fund provides the same holdings as EZU which tracks the unhedged MSCI EMU Index, overlaid with short forward contracts to neutralize euro exposure. The index is 100% hedged to US dollars by selling the euro forward at the one-month forward weight, while the amount is kept constant during the period. The index is rebalanced monthly on the last trading day, to take into account the effect of rolling one-month forward contracts.
HEZU MSCI ESG Analytics Insight
iShares Currency Hedged MSCI Eurozone ETF has an MSCI ESG Fund Rating of AA based on a score of 8.14 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 Eurozone ETF ranks in the 88th percentile within its peer group and in the 37th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HEZU Summary Data
HEZU Portfolio Data
HEZU Index Data
HEZU Portfolio Management
HEZU Tax Exposures
HEZU Fund Structure
HEZU Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HEZU. HEZU is rated a 4 out of 5.
HEZU Sector/Industry Breakdown
HEZU Top 10 Holdings
HEZU Economic Development
HEZU Performance Statistics
HEZU MSCI ESG Ratings
HEZU Benchmark Comparison Summary
HEZU Benchmark Comparison Market Cap Size