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ETFs

iShares Currency Hedged MSCI Eurozone ETF of ISHARES TRUST

HEZU
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 09 2014
Expense Ratio
0.53%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$1,599,714
AUM
$329,380,228
Associated Index
MSCI EMU 100% Hedged to USD Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
99.97%
n/a
EUR/USD
1.98%
XTSLA
BLK CSH FND TREASURY SL AGENCY
0.04%
n/a
EUR/USD
0.01%
n/a
EUR/USD
0.01%
n/a
EUR/USD
0.00%
n/a
EUR/USD
0.00%
n/a
EUR/USD
-0.00%
n/a
EUR/USD
-0.00%
n/a
USD CASH
-0.01%
Invest with HEZU

What is HEZU?

The iShares Currency Hedged MSCI EMU ETF (the Fund) seeks to track the investment results of an index composed of large- and mid-capitalization equities from developed market countries within the European Monetary Union while mitigating exposure to fluctuations between the value of the Euro and the U.S. dollar.Seeks to provide local currency performance of stocks from developed market countries within the EMU (European Monetary Union).

ETFs related toHEZU

ETFs correlated to HEZU include DBEU, HEDJ, DBEF

HEZU
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI EMU ETF
DBEU
DBX ETF Trust - Xtrackers MSCI Europe Hedged Equity ETF
HEDJ
WisdomTree Trust - WisdomTree Europe Hedged Equity Fund
DBEF
DBX ETF Trust - Xtrackers MSCI EAFE Hedged Equity ETF
HEFA
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI EAFE ETF
IHDG
WisdomTree Trust - WisdomTree International Hedged Quality Dividend Growth Fund
HFXI
IndexIQ ETF Trust - IQ FTSE International Equity Currency Neutral ETF
FEZ
SSgA Active Trust - SPDR EURO Stoxx 50 ETF
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
EWQ
BlackRock Institutional Trust Company N.A. - iShares MSCI France ETF
IEV
BlackRock Institutional Trust Company N.A. - iShares Europe ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toHEZU

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with HEZU using Composer

FAQ

HEZU is a Global Ex. US Equities ETF. The iShares Currency Hedged MSCI EMU ETF (the Fund) seeks to track the investment results of an index composed of large- and mid-capitalization equities from developed market countries within the European Monetary Union while mitigating exposure to fluctuations between the value of the Euro and the U.S. dollar.Seeks to provide local currency performance of stocks from developed market countries within the EMU (European Monetary Union).

HEZU tracks the MSCI EMU 100% Hedged to USD Index.

No, HEZU is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, HEZU is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HEZU is -0.0103%. This is the percent change in the value of HEZU over the most recent 1-month period. The 3-month return on HEZU is -0.0099%. This is the percent change in the value of HEZU over the most recent 3-month period.

The standard deviation of HEZU for the past year is 0.2247%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HEZU include VEA, EFA, and EEM.

ETFs correlated to HEZU include DBEU, HEDJ, and DBEF.

ETFs that are inversely correlated to HEZU include EPV, EFZ, and SH.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.