IShares Etf Profile

Etfs USA . 
Etf . IShares Currency Hedged
HEZU Etf  USD 32.21  0.52  1.64%   

Market Performance

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Odds Of Distress

Less than 1

 
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IShares Currency is selling for under 32.21 as of the 3rd of June 2023; that is 1.64 percent up since the beginning of the trading day. The etf's last reported lowest price was 32.05. IShares Currency has a very small chance of experiencing financial distress in the next few years but had a somewhat weak 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 13th of June 2021 and ending today, the 3rd of June 2023. Click here to learn more.
The investment seeks to track the investment results of the MSCI EMU 100 percent Hedged to USD Index composed of large- and mid-capitalization equities from developed market countries which use the euro as their official currency while mitigating exposure to fluctuations between the value of the euro and the U.S. More on IShares Currency Hedged

Moving together with IShares Etf

+0.92VGKVanguard FTSE EuropePairCorr
+0.87EZUIShares MSCI EurozonePairCorr
+0.88BBEUJPMorgan BetaBuildersPairCorr
+0.92IEURIShares Core MSCIPairCorr
+0.91FEZSPDR EURO STOXXPairCorr
+0.91IEVIShares Europe ETFPairCorr
+0.95HEDJWisdomTree Europe HedgedPairCorr

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 IdeaBroad Equity ETFs (view all)
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Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of IShares Currency's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
BuyFairly Valued
IssueriShares
Inception Date2014-07-09
BenchmarkMSCI EMU 100% USD Hedged Index
Entity TypeRegulated Investment Company
Asset Under Management324.14 Million
Average Trading Valume114,563.5
Asset TypeEquity
CategoryBroad Equity
FocusBroad Equity
Market ConcentrationDeveloped Markets
RegionEurope
AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Portfolio ManagerDiane Hsiung, Jennifer Hsui, Orlando Montalvo, Greg Savage, Alan Mason
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Jun
ExchangeNYSE Arca, Inc.
Number of Constituents19.0
Market MakerFlow Traders
Total Expense1.12
Management Fee0.62
Nav Price34.14
Two Hundred Day Average32.52
Ytd-13.44%
Average Daily Volume In Three Month134.89k
Fifty Two Week Low28.58
As Of Date31st of October 2022
Average Daily Volume Last 10 Day75.58k
Fifty Two Week High38.6
One Month9.47%
Fifty Day Average31.34
Three Month-3.65%
Beta In Three Year1.04
IShares Currency Hedged [HEZU] is traded in USA and was established 2014-07-09. The fund is listed under Europe Stock category and is part of iShares family. The entity is thematically classified as Broad Equity ETFs. IShares Currency Hedged currently have 301.93 M in assets under management (AUM). , while the total return for the last 3 years was 3.74%.
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.

IShares Currency Hedged Currency Exposure

IShares Currency Hedged holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares Currency will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in IShares Currency Hedged.

Top IShares Currency Hedged Etf Constituents

EZUIShares MSCI EurozoneEtfEurope Stock
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IShares Currency Target Price Odds Analysis

Attributed to a normal probability distribution, the odds of IShares Currency jumping above the current price in 90 days from now is about 17.29%. 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 0.9066. This usually indicates IShares Currency Hedged market returns are related to returns on the market. As the market goes up or down, IShares Currency is expected to follow. Additionally, the company has an alpha of 0.0586, implying that it can generate a 0.0586 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 32.21HorizonTargetOdds Above 32.21
82.39%90 days
 32.21 
17.29%
Based on a normal probability distribution, the odds of IShares Currency to move above the current price in 90 days from now is about 17.29 (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

GLACXPOWER GLOBAL TACTICALMutual FundTactical Allocation
GTAAXPOWER GLOBAL TACTICALMutual FundTactical Allocation
GTAIXPOWER GLOBAL TACTICALMutual FundTactical Allocation
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IShares Currency Major Institutional Holders

Institutional Holdings refers to the ownership stake in IShares Currency that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of IShares Currency's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing IShares Currency's value.
InstituionLast TransactionTypeSharesValue
Northwestern Mutual Wealth Management Co2023-03-31Fund Units742.3 K23.4 M
Permanens Capital Lp2023-03-31Fund Units475.3 K15 M
Jpmorgan Chase Co2023-03-31Fund Units419.6 K13.2 M
Robertson Stephens Wealth Management Llc2023-03-31Fund Units342.1 K10.8 M
55i Llc2022-09-30Fund Units299.9 K8.7 M
Hightower Advisors Llc2023-03-31Fund Units274.1 K8.6 M
Bank Of America Corp2023-03-31Fund Units262.4 K8.3 M
Morgan Stanley2023-03-31Fund Units233.9 K7.4 M
Susquehanna International Group Llp2022-09-30Fund Units247.6 K7.1 M
Ameriprise Financial Inc2023-03-31Fund Units209.2 K6.6 M
Schroder Investment Management Group2022-12-31Fund Units162.1 K4.5 M
View IShares Currency Diagnostics

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.
Mean Deviation0.7511
Semi Deviation0.9666
Standard Deviation0.9699
Variance0.9406

IShares Currency Hedged Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. IShares Currency Hedged Price Common Logarithm is logarithm with base 10 applied on the entire pricing series.
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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.
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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.

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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 Shape 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.
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 nation. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for IShares Etf analysis

When running IShares Currency's price analysis, check to measure IShares Currency's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IShares Currency is operating at the current time. Most of IShares Currency's value examination focuses on studying past and present price action to predict the probability of IShares Currency's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IShares Currency's price. Additionally, you may evaluate how the addition of IShares Currency to your portfolios can decrease your overall portfolio volatility.
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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.
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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.
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