HEZU iShares Currency Hedged MSCI Eurozone ETF
What is HEZU?
HEZU tracks a cap-weighted index of large- and mid-cap 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 Summary Data
HEZU Portfolio Data
HEZU Index Data
HEZU Portfolio Management
HEZU Tax Exposures
HEZU Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HEZU. HEZU is rated a N/A out of 5.
HEZU Sector/Industry Breakdown
HEZU Top 10 Holdings
HEZU Performance Statistics
HEZU Benchmark Comparison Summary
HEZU Benchmark Comparison Market Cap Size