Morningstar

iShares Currency Hedged MSCI Japan ETF HEWJ

Morningstar Medalist Rating
Medalist Rating as of | See iShares Investment Hub

Morningstar’s Analysis HEWJ

Will HEWJ outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HEWJ’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HEWJ management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HEWJ’s parent organization’s priorities and whether they’re in line with investors’ interests.

Japanese stock exposure with a missing piece.

Analyst Zachary Evens

Zachary Evens

Analyst

Summary

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.

by Zachary Evens
Rated on Published on

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Portfolio Holdings HEWJ

More HEWJ Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares MSCI Japan ETF

99.91 725M
—

JPY/USD Purchased

95.19 691M
Derivative

JPY/USD Purchased

3.22 23M
Derivative

JPY/USD Purchased

0.98 7M
Derivative

JPY/USD Purchased

0.54 4M
Derivative

JPY/USD Purchased

0.42 3M
Derivative

Cash Offset

0.06 440,926
—

BlackRock Cash Funds Treasury SL Agency

0.05 371,112
Cash and Equivalents

USD CASH

−0.01 −83,449
Cash and Equivalents

JPY/USD Sold

−0.42 −3M
Derivative

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