- What does HAWX invest in?
- This ETF is designed to replicate the investment performance of a specific index. This benchmark comprises shares of large and medium-sized companies situated in developed and emerging economies worldwide, with the notable exception of the United States. A core objective of the fund is to lessen the influence of exchange rate volatility between these non-U.S. currencies and the U.S. dollar.
- What is the expense ratio of HAWX?
- iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is HAWX?
- iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) manages $346.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is HAWX actively managed or an index fund?
- HAWX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (HAWX's is 0.70%) because there's no security selection cost.
- When was HAWX launched?
- iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) launched in June 2015 and is managed by IShares.
- How has HAWX performed?
- HAWX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
