iShares Currency Hedged MSCI United Kingdom ETF (HEWU)
iShares Currency Hedged MSCI United Kingdom ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $24.82, up 0.04% on the session, giving a market capitalisation of $11.2M. Its beta of 0.59 implies it has historically moved less than the broad market.
This ETF typically commits at least 80% of its capital to the stocks that comprise its reference index, or to other financial instruments possessing functionally equivalent economic profiles. Its underlying index is constructed to capture the returns of large and mid-sized companies within the United Kingdom equity market, while simultaneously mitigating the currency exposure of these investments against the U.S. dollar through monthly hedging adjustments.
iShares Currency Hedged MSCI United Kingdom ETF is most often compared with the following Financial Services names: