iShares Currency Hedged MSCI Germany ETF (HEWG)
HEWG is a passive ETF by iShares tracking the investment results of the MSCI Germany 100% Hedged to USD Index. HEWG launched on Jan 31, 2014 and has a 0.53% expense ratio.
ETF Info
ISIN | US46434V7047 |
---|---|
CUSIP | 46434V704 |
Issuer | iShares |
Inception Date | Jan 31, 2014 |
Region | North America (U.S.) |
Category | Europe Equities |
Index Tracked | MSCI Germany 100% Hedged to USD Index |
Home Page | www.ishares.com |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
HEWG has a high expense ratio of 0.53%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: HEWG vs. HEWJ, HEWG vs. FLJH, HEWG vs. VOO, HEWG vs. EWG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Currency Hedged MSCI Germany ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares Currency Hedged MSCI Germany ETF had a return of 12.45% year-to-date (YTD) and 19.54% in the last 12 months. Over the past 10 years, iShares Currency Hedged MSCI Germany ETF had an annualized return of 7.13%, while the S&P 500 had an annualized return of 10.97%, indicating that iShares Currency Hedged MSCI Germany ETF did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 12.45% | 11.29% |
1 month | 5.58% | 4.87% |
6 months | 19.80% | 17.88% |
1 year | 19.54% | 29.16% |
5 years (annualized) | 8.94% | 13.20% |
10 years (annualized) | 7.13% | 10.97% |
Monthly Returns
The table below presents the monthly returns of HEWG, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -0.06% | 5.82% | 3.83% | -2.90% | 12.45% | ||||||||
2023 | 12.04% | 0.17% | 2.12% | 1.93% | -1.77% | 3.04% | 2.07% | -3.25% | -3.53% | -3.69% | 10.12% | 3.31% | 23.40% |
2022 | -1.13% | -8.88% | -0.92% | -3.53% | 3.41% | -10.66% | 5.16% | -5.48% | -6.79% | 9.82% | 11.36% | -5.11% | -14.47% |
2021 | -0.31% | 2.09% | 7.60% | 0.99% | 2.17% | 1.06% | -0.18% | 1.72% | -3.93% | 2.90% | -3.91% | 3.96% | 14.51% |
2020 | -1.62% | -7.68% | -17.89% | 10.78% | 8.27% | 5.21% | -0.70% | 5.24% | -1.22% | -9.27% | 14.08% | 2.90% | 3.45% |
2019 | 6.06% | 2.82% | 0.15% | 7.40% | -5.99% | 5.57% | -1.44% | -1.24% | 3.47% | 3.94% | 2.84% | -0.03% | 25.29% |
2018 | 2.75% | -5.43% | -1.72% | 3.21% | 0.88% | -2.70% | 4.53% | -2.40% | -1.52% | -5.66% | -1.01% | -6.61% | -15.21% |
2017 | 1.53% | 2.00% | 4.00% | 1.19% | 1.56% | -2.13% | -2.08% | -0.19% | 6.23% | 3.44% | -1.36% | -1.08% | 13.51% |
2016 | -6.69% | -4.13% | 5.55% | 1.35% | 1.93% | -4.63% | 6.01% | 2.47% | -0.29% | 0.96% | -0.62% | 7.52% | 8.70% |
2015 | 8.67% | 7.00% | 4.31% | -5.12% | 0.59% | -4.22% | 3.17% | -9.15% | -5.58% | 10.97% | 4.61% | -6.72% | 6.27% |
2014 | 0.12% | -1.37% | -1.66% | 5.57% | -1.16% | -4.57% | 0.81% | -0.17% | -1.06% | 6.64% | -2.21% | 0.42% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HEWG is 65, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
HEWG (iShares Currency Hedged MSCI Germany ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Currency Hedged MSCI Germany ETF (HEWG) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Currency Hedged MSCI Germany ETF granted a 2.69% dividend yield in the last twelve months. The annual payout for that period amounted to $0.98 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.98 | $0.98 | $0.88 | $0.82 | $0.72 | $0.72 | $0.66 | $0.62 | $0.54 | $0.68 | $1.32 |
Dividend yield | 2.69% | 3.03% | 3.25% | 2.50% | 2.48% | 2.48% | 2.78% | 2.17% | 2.10% | 2.77% | 5.61% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Currency Hedged MSCI Germany ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.98 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.88 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.82 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.72 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.62 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.54 |
2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.68 |
2014 | $0.49 | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 | $1.32 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Currency Hedged MSCI Germany ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Currency Hedged MSCI Germany ETF was 39.37%, occurring on Mar 16, 2020. Recovery took 199 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-39.37% | Feb 13, 2020 | 22 | Mar 16, 2020 | 199 | Dec 28, 2020 | 221 |
-29.34% | Apr 13, 2015 | 212 | Feb 11, 2016 | 301 | Apr 24, 2017 | 513 |
-28.74% | Nov 18, 2021 | 217 | Sep 29, 2022 | 295 | Dec 1, 2023 | 512 |
-22.49% | Jan 24, 2018 | 232 | Dec 24, 2018 | 219 | Nov 6, 2019 | 451 |
-14.7% | Jul 7, 2014 | 73 | Oct 16, 2014 | 35 | Dec 5, 2014 | 108 |
Volatility
Volatility Chart
The current iShares Currency Hedged MSCI Germany ETF volatility is 3.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.