HEWG Performance — iShares Currency Hedged MSCI Germany ETF
Data updated: 2024-07-26
HEWG returned +18.91% over one year to May 2024. The annualised 3-year return is +5.85%. The fund beat its Germany Equity category average: $100 invested three years ago grew to $119, against $99 for the category, and to $119 over one year, against $116. Volatility over the past three years was 18.63% a year. In the 12 months to May 2024 the fund lost a net $8.0M, and assets reached $32.16M.
HEWG Growth of $100
What $100 invested in iShares Currency Hedged MSCI Germany ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Germany Equity category average over the same months.
| Period | HEWG | Category average |
|---|---|---|
| 1 year (Jun 2023 – May 2024) | $119 | $116 |
| 3 years (Jun 2021 – May 2024) | $119 | $99 |
| Since data start (Sep 2019 – May 2024) | $153 | $139 |
HEWG Trailing Returns
Total returns to May 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +18.91% |
| 3 years (annualised) | +5.85% |
HEWG Annual Returns
Calendar-year total returns of iShares Currency Hedged MSCI Germany ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–May) | +10.74% |
| 2023 | +23.36% |
| 2022 | −14.32% |
| 2021 | +14.47% |
| 2020 | +3.33% |
| 2019 (Sep–Dec) | +10.64% |
HEWG Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.2% | +5.5% | +4.0% | −2.8% | +3.7% | — | — | — | — | — | — | — |
| 2023 | +12.2% | +0.2% | +2.0% | +1.9% | −1.7% | +2.9% | +2.0% | −3.2% | −3.5% | −3.8% | +10.2% | +3.3% |
| 2022 | −1.0% | −8.9% | −0.8% | −3.5% | +3.4% | −10.6% | +5.2% | −5.5% | −6.9% | +10.0% | +11.4% | −5.2% |
| 2021 | −0.2% | +2.4% | +7.3% | +1.1% | +2.0% | +1.2% | −0.2% | +1.8% | −3.9% | +2.8% | −3.9% | +3.7% |
| 2020 | −1.7% | −7.5% | −18.0% | +10.7% | +8.2% | +5.1% | −0.6% | +5.3% | −1.4% | −9.0% | +13.9% | +2.9% |
| 2019 | — | — | — | — | — | — | — | — | +3.5% | +4.1% | +2.8% | 0.0% |
HEWG Risk
Risk measures from monthly returns over Jun 2021 – May 2024.
- 3-year volatility (annualised): 18.63%
- 3-year Sharpe ratio: 0.07 (vs 4.5% risk-free rate)
- Best month: +12.16% (Jan 2023)
- Worst month: −10.63% (Jun 2022)
HEWG Fund Flows
Monthly money in and out of iShares Currency Hedged MSCI Germany ETF, from SEC Form N-PORT.
- 12-month net flow: −$8.0M
- 12-month gross sales (incl. reinvestments): $6.1M
- Sales ÷ redemptions: 0.43×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2024 | $0 | $0 | $0 |
| Apr 2024 | $0 | $3.5M | −$3.5M |
| Mar 2024 | $0 | $0 | $0 |
| Feb 2024 | $0 | $0 | $0 |
| Jan 2024 | $0 | $0 | $0 |
| Dec 2023 | $0 | $1.6M | −$1.6M |
| Nov 2023 | $0 | $0 | $0 |
| Oct 2023 | $0 | $0 | $0 |
| Sep 2023 | $0 | $2.9M | −$2.9M |
| Aug 2023 | $6.1M | $6.0M | $38K |
| Jul 2023 | $0 | $0 | $0 |
| Jun 2023 | $0 | $0 | $0 |
HEWG Assets Under Management
Net assets of iShares Currency Hedged MSCI Germany ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-05-31 | $32.16M |
| 2024-02-29 | $34.11M |
| 2023-11-30 | $32.87M |
| 2023-08-31 | $35.21M |
| 2023-05-31 | $35.66M |
| 2023-02-28 | $36.40M |
| 2022-11-30 | $41.36M |
| 2022-08-31 | $36.28M |
| 2022-05-31 | $45.11M |
| 2022-02-28 | $50.01M |
| 2021-11-30 | $61.85M |
| 2021-08-31 | $63.40M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.