iShares Currency Hedged MSCI Eurozone ETF (HEZU)
HEZU is a passive ETF by iShares tracking the investment results of the MSCI EMU 100% USD Hedged Index. HEZU launched on Jul 9, 2014 and has a 0.52% expense ratio.
ETF Info
| ISIN | US46434V6395 |
|---|---|
| CUSIP | 46434V639 |
| Issuer | iShares |
| Inception Date | Jul 9, 2014 |
| Region | Developed Markets (Broad) |
| Category | Europe Equities |
| Leveraged | 1x |
| Index Tracked | MSCI EMU 100% USD Hedged Index |
| Home Page | www.ishares.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
HEZU features an expense ratio of 0.52%, falling within the medium range.
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: HEZU vs. BCI, HEZU vs. HEFA, HEZU vs. HSCZ, HEZU vs. EWT, HEZU vs. KBA, HEZU vs. EZU, HEZU vs. HEDJ, HEZU vs. SPY, HEZU vs. JEPI, HEZU vs. SCHD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Currency Hedged MSCI Eurozone 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 Eurozone ETF had a return of 9.81% year-to-date (YTD) and 19.66% in the last 12 months. Over the past 10 years, iShares Currency Hedged MSCI Eurozone ETF had an annualized return of 8.90%, while the S&P 500 had an annualized return of 10.96%, indicating that iShares Currency Hedged MSCI Eurozone ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.81% | 20.10% |
| 1 month | -1.93% | -0.39% |
| 6 months | 0.98% | 11.72% |
| 1 year | 19.66% | 31.44% |
| 5 years (annualized) | 9.16% | 13.30% |
| 10 years (annualized) | 8.90% | 10.96% |
Monthly Returns
The table below presents the monthly returns of HEZU, 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 | 1.53% | 4.14% | 4.43% | -2.34% | 4.11% | -2.96% | 0.41% | 2.07% | 0.95% | -3.30% | 9.81% | ||
| 2023 | 11.09% | 1.07% | 1.15% | 1.78% | -1.93% | 3.87% | 1.80% | -2.88% | -3.21% | -2.67% | 8.46% | 3.40% | 22.98% |
| 2022 | -2.12% | -7.11% | 0.00% | -2.54% | 2.88% | -8.68% | 7.74% | -5.61% | -6.83% | 9.51% | 10.09% | -4.87% | -9.54% |
| 2021 | -0.93% | 4.01% | 6.53% | 2.13% | 3.12% | 1.05% | 0.96% | 2.53% | -3.38% | 4.80% | -3.44% | 4.46% | 23.51% |
| 2020 | -2.20% | -6.95% | -18.36% | 7.37% | 6.07% | 4.65% | -1.72% | 3.65% | -1.97% | -4.78% | 17.35% | 1.74% | 0.52% |
| 2019 | 6.90% | 4.00% | 1.80% | 5.31% | -5.85% | 5.60% | 0.11% | -0.40% | 3.41% | 1.88% | 2.29% | 1.69% | 29.48% |
| 2018 | 3.86% | -4.20% | -1.08% | 4.12% | -0.23% | -1.38% | 3.90% | -2.30% | -0.27% | -6.10% | 0.04% | -6.38% | -10.23% |
| 2017 | -0.23% | 2.19% | 5.75% | 2.41% | 1.94% | -2.10% | -0.10% | -0.07% | 4.48% | 2.66% | -2.17% | -1.00% | 14.26% |
| 2016 | -4.76% | -4.43% | 3.62% | 1.93% | 2.10% | -5.01% | 4.14% | 1.48% | 0.28% | 1.37% | -0.52% | 7.08% | 6.69% |
| 2015 | 7.11% | 7.17% | 2.94% | -2.23% | 1.55% | -4.09% | 4.59% | -8.83% | -4.36% | 8.95% | 3.11% | -6.70% | 7.56% |
| 2014 | 2.62% | -2.23% | 4.69% | -2.97% | 1.91% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HEZU is 54, 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Currency Hedged MSCI Eurozone ETF (HEZU) 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 Eurozone ETF provided a 2.80% dividend yield over the last twelve months, with an annual payout of $1.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.00 | $0.84 | $6.46 | $0.85 | $0.72 | $1.72 | $0.90 | $0.57 | $0.83 | $0.69 | $0.28 |
Dividend yield | 2.80% | 2.52% | 23.26% | 2.25% | 2.32% | 5.40% | 3.48% | 1.92% | 3.11% | 2.68% | 1.15% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Currency Hedged MSCI Eurozone 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 | $0.75 | $0.00 | $0.00 | $0.00 | $0.00 | $0.75 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.84 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.90 | $0.00 | $0.00 | $0.00 | $0.00 | $5.57 | $6.46 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 | $0.85 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.72 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.00 | $0.00 | $0.96 | $1.72 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.90 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.57 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.83 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.69 |
| 2014 | $0.28 | $0.28 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Currency Hedged MSCI Eurozone 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 Eurozone ETF was 38.80%, occurring on Mar 16, 2020. Recovery took 207 trading sessions.
The current iShares Currency Hedged MSCI Eurozone ETF drawdown is 3.43%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.8% | Feb 20, 2020 | 18 | Mar 16, 2020 | 207 | Jan 8, 2021 | 225 |
| -26.2% | Apr 13, 2015 | 212 | Feb 11, 2016 | 283 | Mar 28, 2017 | 495 |
| -22.79% | Nov 18, 2021 | 218 | Sep 30, 2022 | 93 | Feb 14, 2023 | 311 |
| -17.41% | Jan 23, 2018 | 233 | Dec 24, 2018 | 78 | Apr 17, 2019 | 311 |
| -12.51% | Sep 8, 2014 | 25 | Oct 16, 2014 | 27 | Dec 3, 2014 | 52 |
Volatility
Volatility Chart
The current iShares Currency Hedged MSCI Eurozone ETF volatility is 3.84%, 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.