iShares Currency Hedged MSCI Japan ETF
Price through Oct 1 · Flows through Sep 30. Figures use the latest available records, not a live quote. Fund details retrieved Oct 1. Holdings snapshot retrieved Oct 1.
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is designed to measure the performance of the large- and mid-capitalization segments of the Japanese equity market with the currency risk inherent in the securities included in the underlying index hedged to the U.S. dollar on a monthly basis.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN · NET −$179M OVER THIS RANGE
Money is leaving — −$122M in net outflows over the past month, about 18.7% of the fund's asset base, while the price has returned +24.3% so far this year. At 0.50% a year it is not the cheapest way in — ISZE has a reported fee of 0.30%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| # | Holding | Weight | Price | Day | 52-wk | |
|---|---|---|---|---|---|---|
| 1 | EWJISHARES MSCI JAPAN ETF | 101.34% | $97.38 | -0.1% | ||
| 2 | —BLK CSH FND TREASURY SL AGENCY (XTSLA) - Money Market | 0.06% | — | — | — |
| 1 week | +0.0% |
| 1 month | +1.2% |
| 3 months | +1.6% |
| 6 months | +19.8% |
| YTD | +24.3% |
| 1 year | +33.7% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | +$3M |
| 1 month | −$122M |
| 3 months | −$122M |
| YTD | +$24M |
| 1 year | +$105M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The top holding is 101.3% of the book; the top ten carry 101%. Spread across 2+ names, it behaves like roughly 1 equally-weighted positions.
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
| Most-traded holdings, options premium | Bullish | Bearish |
|---|---|---|
| EWJ ISHARES MSCI JAPAN ETF | $241,451 | $158,120 |
TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES
Due diligence cuts both ways. These funds sit on the same shelf and beat HEWJ on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| SPDW State Street SPDR Portfolio Developed World ex-US ETF | 0.03% | $41.5B | +$286M | -47bp on fee · 63× the assets · +$286M in over the month | Head-to-head |
| SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | $18.2B | +$199M | -47bp on fee · 28× the assets · +$199M in over the month | Head-to-head |
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.9B | +$497M | -46bp on fee · 50× the assets · +$497M in over the month | Head-to-head |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 0.04% | $23.7B | +$575M | -46bp on fee · 36× the assets · +$575M in over the month | Head-to-head |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.04% | $18.6B | +$412M | -46bp on fee · 28× the assets · +$412M in over the month | Head-to-head |