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Upturn AI SWOT - About
iShares Currency Hedged MSCI Japan ETF (HEWJ)
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Upturn Advisory Summary
04/01/2025: HEWJ (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 6.6% | Avg. Invested days 49 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 148487 | Beta 0.37 | 52 Weeks Range 33.22 - 44.93 | Updated Date 04/2/2025 |
52 Weeks Range 33.22 - 44.93 | Updated Date 04/2/2025 |
Upturn AI SWOT
iShares Currency Hedged MSCI Japan ETF
ETF Overview
Overview
The iShares Currency Hedged MSCI Japan ETF (HEWJ) seeks to provide investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Japan 100% Hedged to USD Index. It aims to offer exposure to Japanese equities while mitigating the impact of currency fluctuations between the Japanese Yen and the U.S. Dollar.
Reputation and Reliability
iShares, a brand of BlackRock, is a reputable and well-established issuer with a long track record of managing ETFs.
Management Expertise
BlackRock has extensive experience and expertise in managing ETFs, including those with currency hedging strategies.
Investment Objective
Goal
To track the investment results of an index composed of Japanese equities while mitigating currency risk between the Japanese Yen and the U.S. Dollar.
Investment Approach and Strategy
Strategy: Tracks the MSCI Japan 100% Hedged to USD Index, employing a currency hedging overlay to neutralize the impact of JPY/USD exchange rate movements.
Composition Primarily holds stocks of Japanese companies across various sectors. The ETF uses forward contracts to hedge currency risk.
Market Position
Market Share: HEWJ holds a moderate market share within the currency-hedged Japan equity ETF segment.
Total Net Assets (AUM): 348400000
Competitors
Key Competitors
- DBJP
- DXJ
Competitive Landscape
The currency-hedged Japan equity ETF market is relatively concentrated. HEWJ, benefits from BlackRock's brand and liquidity. Competitors focus on different index methodologies and expense ratios.
Financial Performance
Historical Performance: Past performance is not indicative of future results. Refer to official fund fact sheet for returns data.
Benchmark Comparison: The ETF aims to closely track the MSCI Japan 100% Hedged to USD Index. Deviations may occur due to tracking error and hedging effectiveness.
Expense Ratio: 0.48
Liquidity
Average Trading Volume
HEWJ generally exhibits moderate trading volume, indicating reasonable liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is typically competitive, reflecting the ETF's trading volume and market depth.
Market Dynamics
Market Environment Factors
Economic conditions in Japan, global market sentiment, interest rate differentials, and currency movements influence HEWJ's performance.
Growth Trajectory
The ETF's growth is tied to investor demand for currency-hedged exposure to Japanese equities and overall market conditions.
Moat and Competitive Advantages
Competitive Edge
HEWJ benefits from the established iShares brand and BlackRock's reputation. Its competitive advantage lies in its scale, liquidity, and focus on currency hedging. The currency hedging strategy can provide more predictable returns for USD-based investors by neutralizing JPY/USD exchange rate volatility. The ETF's large AUM contributes to efficient trading and tight bid-ask spreads, making it attractive to larger investors.
Risk Analysis
Volatility
HEWJ's volatility is influenced by the volatility of the underlying Japanese equity market and the effectiveness of the currency hedging strategy.
Market Risk
The ETF is subject to market risk associated with investing in equities, including economic downturns, political instability, and company-specific factors. Currency hedging may not perfectly eliminate currency risk.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to Japanese equities while mitigating the impact of currency fluctuations between the Japanese Yen and the U.S. Dollar are ideal investors for HEWJ.
Market Risk
HEWJ is suitable for long-term investors seeking diversified international equity exposure and active traders who wish to express a view on the Japanese market while managing currency risk.
Summary
The iShares Currency Hedged MSCI Japan ETF (HEWJ) provides exposure to Japanese equities while mitigating currency risk. It is managed by BlackRock and tracks the MSCI Japan 100% Hedged to USD Index. It benefits from a strong brand and provides access to the Japanese market with minimized currency fluctuations. HEWJ is suitable for investors seeking diversified international equity exposure and those who want to express a view on the Japanese market while managing currency risk.
Similar Companies
DBJP
Xtrackers MSCI Japan Hedged Equity ETF
DBJP
Xtrackers MSCI Japan Hedged Equity ETF
DXJ
WisdomTree Japan Hedged Equity Fund
DXJ
WisdomTree Japan Hedged Equity Fund
EWJ
iShares MSCI Japan ETF
EWJ
iShares MSCI Japan ETF
FXY
Invesco CurrencyShares® Japanese Yen Trust
FXY
Invesco CurrencyShares® Japanese Yen Trust
Sources and Disclaimers
Data Sources:
- iShares website
- ETF.com
- Morningstar
- FactSet
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be made based on your own research and risk tolerance. Past performance is not indicative of future results. Market share data is estimated and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares Currency Hedged MSCI Japan ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund generally will invest at least 80% of its assets in the component securities and other instruments of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index is designed to measure the performance of the large- and mid-capitalization segments of the Japanese equity market with the currency risk inherent in the securities included in the underlying index hedged to the U.S. dollar on a monthly basis.
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