Skip to Content
ETFs

iShares Currency Hedged MSCI Japan ETF

HEWJ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 31 2014
Expense Ratio
0.50%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$3,934,925
AUM
$165,191,988
Associated Index
MSCI Japan 100% Hedged to USD Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

EWJ
BlackRock Institutional Trust Company N.A. - iShares MSCI Japan ETF
99.95%
n/a
Derivatives offset
3.07%
n/a
JPY/USD
0.06%
n/a
JPY/USD
0.06%
XTSLA
BLK CSH FND TREASURY SL AGENCY
0.05%
n/a
JPY/USD
0.03%
n/a
JPY/USD
-0.02%
n/a
JPY/USD
-0.06%
n/a
JPY/USD
-0.12%
n/a
JPY/USD
-0.33%
Invest with HEWJ

What is HEWJ?

The iShares Currency Hedged MSCI Japan ETF (the Fund ) seeks to track the investment results of an index composed of large- and mid-capitalization Japanese equities while mitigating exposure to fluctuations between the value of the Japanese yen and the U.S. dollar.

ETFs related toHEWJ

ETFs correlated to HEWJ include DXJ, DBEF, HEFA

HEWJ
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI Japan ETF
DXJ
WisdomTree Trust - WisdomTree Japan Hedged Equity Fund
DBEF
DBX ETF Trust - Xtrackers MSCI EAFE Hedged Equity ETF
HEFA
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI EAFE ETF
HFXI
IndexIQ ETF Trust - IQ FTSE International Equity Currency Neutral ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
IHDG
WisdomTree Trust - WisdomTree International Hedged Quality Dividend Growth Fund
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
CGGO
Capital Group Companies Inc - Capital Group Global Growth Equity ETF
AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
CGUS
Capital Group Companies Inc - Capital Group Core Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toHEWJ

#DRAGON

Dragon Portfolio

Category

Go Global

Risk Rating

Aggressive

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with HEWJ using Composer

FAQ

HEWJ is a Global Ex. US Equities ETF. The iShares Currency Hedged MSCI Japan ETF (the Fund ) seeks to track the investment results of an index composed of large- and mid-capitalization Japanese equities while mitigating exposure to fluctuations between the value of the Japanese yen and the U.S. dollar.

HEWJ tracks the MSCI Japan 100% Hedged to USD Index.

No, HEWJ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, HEWJ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HEWJ is -0.0143%. This is the percent change in the value of HEWJ over the most recent 1-month period. The 3-month return on HEWJ is 0.0399%. This is the percent change in the value of HEWJ over the most recent 3-month period.

The standard deviation of HEWJ for the past year is 0.3527%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HEWJ include DBJP, EWW, and EWC.

ETFs correlated to HEWJ include DXJ, DBEF, and HEFA.

ETFs that are inversely correlated to HEWJ include SPDN, TAIL, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.