Ishares Currency Hedged Etf Profile
| HEEM Etf | USD 25.43 0.08 0.31% |
Performance11 of 100
| Odds Of DistressLess than 9
|
IShares Currency is selling at 25.43 as of the 15th of April 2024; that is -0.31 percent decrease since the beginning of the trading day. The etf's lowest day price was 25.41. IShares Currency has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for iShares Currency Hedged are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of October 2023 and ending today, the 15th of April 2024. Click here to learn more.
The fund generally will invest at least 80 percent 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. More on iShares Currency Hedged
Moving together with IShares Etf
| 0.99 | VWO | Vanguard FTSE Emerging | PairCorr |
| 0.99 | IEMG | iShares Core MSCI | PairCorr |
| 0.96 | EEM | iShares MSCI Emerging | PairCorr |
| 0.99 | SPEM | SPDR Portfolio Emerging | PairCorr |
| 0.97 | FNDE | Schwab Fundamental | PairCorr |
| 0.98 | ESGE | iShares ESG Aware | PairCorr |
| 0.97 | DGS | WisdomTree Emerging | PairCorr |
IShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares Currency's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares Currency or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Target Risk ETFs, Diversified Emerging Mkts, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2014-09-23 |
| Benchmark | MSCI Emerging Markets 100% USD Hedged Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 141.38 Million |
| Average Trading Valume | 14,996.6 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Target Risk |
| Market Concentration | Emerging Markets |
| Region | Emerging Markets |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Diane Hsiung, Jennifer Hsui, Orlando Montalvo, Greg Savage, Alan Mason |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Aug |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 46.0 |
| Market Maker | Jane Street |
| Total Expense | 1.47 |
| Management Fee | 0.78 |
| Country Name | USA |
| Returns Y T D | 3.79 |
| Name | iShares Currency Hedged MSCI Emerging Markets ETF |
| Currency Code | USD |
| Open Figi | BBG0076SN974 |
| In Threey Volatility | 14.62 |
| 1y Volatility | 13.42 |
| 200 Day M A | 24.3955 |
| 50 Day M A | 25.1649 |
| Code | HEEM |
| Updated At | 14th of April 2024 |
| Currency Name | US Dollar |
iShares Currency Hedged [HEEM] is traded in USA and was established 2014-09-23. The fund is listed under Diversified Emerging Mkts category and is part of iShares family. The entity is thematically classified as Strategy ETFs. iShares Currency Hedged currently have 149.56 M in assets under management (AUM). , while the total return for the last 3 years was -3.7%.
Check IShares Currency Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Currency Hedged Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top iShares Currency Hedged Etf Constituents
| EEM | iShares MSCI Emerging | Etf | Diversified Emerging Mkts |
IShares Currency Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of IShares Currency jumping above the current price in 90 days from now is about 21.66%. The iShares Currency Hedged probability density function shows the probability of IShares Currency etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days IShares Currency has a beta of 0.7952. This usually indicates as returns on the market go up, IShares Currency average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding iShares Currency Hedged will be expected to be much smaller as well. Additionally, iShares Currency Hedged has an alpha of 0.0327, implying that it can generate a 0.0327 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of IShares Currency to move above the current price in 90 days from now is about 21.66 (This iShares Currency Hedged probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
IShares Currency Top Holders
| GDMA | Alpha Architect Gdsdn | Etf | Moderate Allocation |
iShares Currency Hedged Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares Currency market risk premium is the additional return an investor will receive from holding IShares Currency long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Currency. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IShares Currency's alpha and beta are two of the key measurements used to evaluate IShares Currency's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0768 | |||
| Jensen Alpha | 0.0327 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0216 |
IShares Currency Against Markets
Picking the right benchmark for IShares Currency etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares Currency etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares Currency is critical whether you are bullish or bearish towards iShares Currency Hedged at a given time. Please also check how IShares Currency's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in IShares Currency without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy IShares Etf?
Before investing in IShares Currency, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares Currency. To buy IShares Currency etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares Currency. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase IShares Currency etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares Currency Hedged etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased iShares Currency Hedged etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as iShares Currency Hedged, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IShares Etf please use our How to Invest in IShares Currency guide.
Already Invested in iShares Currency Hedged?
The danger of trading iShares Currency Hedged is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares Currency is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares Currency. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares Currency Hedged is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether iShares Currency Hedged offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Currency's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Currency Hedged Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Currency Hedged Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Currency Hedged. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the iShares Currency Hedged information on this page should be used as a complementary analysis to other IShares Currency's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of iShares Currency Hedged is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Currency's value that differs from its market value or its book value, called intrinsic value, which is IShares Currency's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Currency's market value can be influenced by many factors that don't directly affect IShares Currency's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Currency's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Currency is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Currency's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.