iShares Currency Hedged MSCI ACWI ex U.S. ETF

Frequently Asked Questions About HAWX

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 $349.9M 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.