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iShares Currency Hedged MSCI Eurozone ETF (HEZU)

ETF · Currency in USD · Last updated Aug 13, 2022

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

ISINUS46434V6395
CUSIP46434V639
IssueriShares
Inception DateJul 9, 2014
RegionDeveloped Markets (Broad)
CategoryEurope Equities
Expense Ratio0.52%
Index TrackedMSCI EMU 100% USD Hedged Index
ETF Home Pagewww.ishares.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Trading Data

Previous Close$33.47
Year Range$29.76 - $37.37
EMA (50)$32.03
EMA (200)$33.38
Average Volume$131.56K

HEZUShare Price Chart


Chart placeholderClick Calculate to get results

HEZUPerformance

The chart shows the growth of $10,000 invested in iShares Currency Hedged MSCI Eurozone ETF in Sep 2014 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $17,639 for a total return of roughly 76.39%. All prices are adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%5.00%MarchAprilMayJuneJulyAugust
-3.55%
-2.76%
HEZU (iShares Currency Hedged MSCI Eurozone ETF)
Benchmark (^GSPC)

HEZUReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M9.24%12.08%
6M-6.10%-4.97%
YTD-8.52%-10.20%
1Y-7.12%-3.65%
5Y6.71%11.89%
10Y7.45%9.53%

HEZUMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-2.12%-7.11%-0.00%-2.54%2.88%-8.68%7.74%2.00%
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%
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%
20196.90%4.00%1.80%5.31%-5.85%5.60%0.11%-0.40%3.41%1.88%2.29%1.69%
20183.86%-4.20%-1.08%4.12%-0.23%-1.38%3.90%-2.30%-0.27%-6.10%0.04%-6.38%
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%
2016-4.76%-4.43%3.62%1.93%2.09%-5.01%4.14%1.48%0.28%1.37%-0.52%7.08%
20157.11%7.17%2.94%-2.24%1.55%-4.09%4.59%-8.83%-4.36%8.95%3.11%-6.70%
20142.62%-2.23%4.69%-2.97%

HEZUSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current iShares Currency Hedged MSCI Eurozone ETF Sharpe ratio is -0.36. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.500.000.501.00MarchAprilMayJuneJulyAugust
-0.36
-0.20
HEZU (iShares Currency Hedged MSCI Eurozone ETF)
Benchmark (^GSPC)

HEZUDividend History

iShares Currency Hedged MSCI Eurozone ETF granted a 4.05% dividend yield in the last twelve months. The annual payout for that period amounted to $1.36 per share.


PeriodTTM20212020201920182017201620152014
Dividend$1.36$0.85$0.72$1.72$0.90$0.57$0.83$0.69$0.28

Dividend yield

4.05%2.32%2.44%5.83%3.96%2.26%3.73%3.33%1.47%

HEZUDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-10.46%
-10.77%
HEZU (iShares Currency Hedged MSCI Eurozone ETF)
Benchmark (^GSPC)

HEZUWorst Drawdowns

The table below shows the maximum drawdowns of the iShares Currency Hedged MSCI Eurozone ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the iShares Currency Hedged MSCI Eurozone ETF is 38.80%, recorded on Mar 16, 2020. It took 207 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-38.8%Feb 20, 202018Mar 16, 2020207Jan 8, 2021225
-26.2%Apr 13, 2015212Feb 11, 2016283Mar 28, 2017495
-20.37%Nov 18, 202174Mar 7, 2022
-17.41%Jan 23, 2018233Dec 24, 201878Apr 17, 2019311
-12.51%Sep 8, 201425Oct 16, 201427Dec 3, 201452
-7.7%Dec 8, 20147Dec 16, 201422Jan 20, 201529
-7.66%Jul 25, 201916Aug 15, 201919Sep 12, 201935
-5.85%May 1, 201922May 31, 201921Jul 1, 201943
-5.03%May 8, 201768Aug 11, 201734Sep 29, 2017102
-4.88%Aug 16, 202135Oct 4, 202119Oct 29, 202154

HEZUVolatility Chart

Current iShares Currency Hedged MSCI Eurozone ETF volatility is 14.60%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%MarchAprilMayJuneJulyAugust
14.60%
16.68%
HEZU (iShares Currency Hedged MSCI Eurozone ETF)
Benchmark (^GSPC)