iShares Currency Hedged MSCI Canada ETF (HEWC)
iShares Currency Hedged MSCI Canada ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $28.83, up 0.12% on the session, giving a market capitalisation of $12.7M. Its beta of 0.73 implies it has historically moved less than the broad market.
This fund typically allocates at least 80% of its portfolio to the constituent securities of its benchmark index, or to other assets with very similar economic profiles. The purpose of this underlying index is to track the performance of large and medium-sized companies within the Canadian stock market, with all currency fluctuations related to these holdings hedged against the U.S. dollar on a monthly basis.
iShares Currency Hedged MSCI Canada ETF is most often compared with the following Financial Services names: