HJPXiShares Currency Hedged JPX-Nikkei 400 ETF
HJPX Fund Description
HJPX tracks a currency-hedged version of the JPX-Nikkei 400 Index, a market-capitalization-weighted index of Japanese companies.
HJPX Factset Analytics Insight
HJPX holds JPXN—a fund composed of Japanese companies that are selected by fundamental and qualitative attributes—along with a currency hedge to filter out fluctuations in JPY relative to USD. The fundamental and qualitative factors include efficiency in use of capital and profitability, as well as governance and reporting standards. Each company is scored based on ROE, operating profit, market capitalization, independence of directors, use of IFRS reporting standards and disclosure of earnings information in English. In addition, HJPX enters into one-month foreign currency forward contracts for its currency hedge. The index is rebalanced monthly.
HJPX MSCI ESG Analytics Insight
iShares Currency Hedged JPX-Nikkei 400 ETF has an MSCI ESG Fund Rating of A based on a score of 6.17 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 JPX-Nikkei 400 ETF ranks in the 58th percentile within its peer group and in the 58th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HJPX Summary Data
HJPX Portfolio Data
HJPX Index Data
HJPX Portfolio Management
HJPX Tax Exposures
HJPX Fund Structure
HJPX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HJPX. HJPX is rated a N/A out of 5.
HJPX Sector/Industry Breakdown
HJPX Top 10 Holdings
HJPX Economic Development
HJPX Performance Statistics
HJPX MSCI ESG Ratings
HJPX Benchmark Comparison Summary
HJPX Benchmark Comparison Market Cap Size