This strategy represents most of the Japanese market but misses the consequential small-cap segment, dampening its appeal. However, its competitive fee should support a long-term advantage.
iShares Currency Hedged MSCI Japan ETF HEWJ
Morningstar’s Analysis HEWJ
Will HEWJ outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 99.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
JPY/USD Purchased | 115.13 | 750M | Derivative |
JPY/USD Purchased | 102.14 | 666M | Derivative |
JPY/USD Purchased | 101.75 | 663M | Derivative |
iShares MSCI Japan ETF | 99.87 | 651M | — |
JPY/USD Purchased | 9.02 | 59M | Derivative |
JPY/USD Purchased | 3.52 | 23M | Derivative |
JPY/USD Purchased | 2.99 | 19M | Derivative |
JPY/USD Purchased | 2.78 | 18M | Derivative |
JPY/USD Purchased | 2.29 | 15M | Derivative |
USD CASH | 2.11 | 14M | Cash and Equivalents |