iShares Currency Hedged MSCI Emerging Markets ETF (HEEM)
iShares Currency Hedged MSCI Emerging Markets ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $42.24, up 1.56% on the session, giving a market capitalisation of $299.0M. Its beta of 0.82 implies it has historically moved less than the broad market.
The iShares Currency Hedged MSCI Emerging Markets ETF is designed to replicate the investment performance of a specific index. This index consists of shares from large and medium-sized companies located in developing economies. A key objective of this ETF is to reduce the risk associated with changes in exchange rates between the local currencies of these emerging markets and the U.S. dollar.
iShares Currency Hedged MSCI Emerging Markets ETF is most often compared with the following Financial Services names: