ISHARES TRUST CURRENCY HEDGED MSCI GERMANY ETF USDISHARES TRUST CURRENCY HEDGED MSCI GERMANY ETF USDISHARES TRUST CURRENCY HEDGED MSCI GERMANY ETF USD

ISHARES TRUST CURRENCY HEDGED MSCI GERMANY ETF USD

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Key stats


Assets under management (AUM)
‪569.76 M‬MXN
Fund flows (1Y)
‪−136.95 M‬MXN
Dividend yield (indicated)
2.94%
Discount/Premium to NAV
−1.2%

About ISHARES TRUST CURRENCY HEDGED MSCI GERMANY ETF USD


Issuer
Blackrock Finance, Inc.
Brand
iShares
Expense ratio
0.53%
Home page
Inception date
Jan 31, 2014
Index tracked
MSCI Germany 100% Hedged to USD Net Variant
Management style
Passive
The security was delisted. The last day of trading on an exchange is August 12, 2024. HEWG is a fund of funds that represents a currency hedged-version of the MSCI Germany Index. It specifically holds EWG, a fund that provides exposure to large- and midcap segments of the German equity market, along with currency forwards to mitigate risks associated with the euro currency fluctuations relative to the US dollar. In employing this hedging strategy, the index sells the EUR forward contracts at the one-month forward rate. The fund excludes small-cap companies which are a minor part of the overall market. By neutralizing its exposure to the euro relative to the dollar, investors can expect a purer exposure to German equities. Overall, HEWG gets the equity exposure that EWG provides without the gains or losses from the euro. The hedge resets monthly and the index rebalances on a quarterly basis.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of August 12, 2024
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows