iShares Currency Hedged MSCI Canada ETF

Frequently Asked Questions About HEWC

What does HEWC invest in?

The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is designed to measure the performance of the large- and mid-capitalization segments of the Canadian 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.

What is the expense ratio of HEWC?

iShares Currency Hedged MSCI Canada ETF (HEWC) charges an expense ratio of 0.53%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HEWC?

iShares Currency Hedged MSCI Canada ETF (HEWC) manages $12.7M 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 HEWC actively managed or an index fund?

HEWC 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 (HEWC's is 0.53%) because there's no security selection cost.

When was HEWC launched?

iShares Currency Hedged MSCI Canada ETF (HEWC) launched in July 2015 and is managed by IShares.

How has HEWC performed?

HEWC'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.