iShares Currency Hedged MSCI Mexico ETF (HEWW)
iShares Currency Hedged MSCI Mexico ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $18.09, down 0.01% on the session, giving a market capitalisation of $718,010. Its beta of 0.76 implies it has historically moved less than the broad market.
This investment fund's objective is to mirror the performance of the MSCI Mexico IMI 25/50 100% Hedged to USD Index. It typically allocates a minimum of 80% of its assets to the component securities of this underlying index (which can include indirect investments through other funds) or to financial instruments with highly similar economic attributes. The benchmark index itself is predominantly composed of equities traded on the Mexican Stock Exchange, and it systematically hedges the currency exposure of these securities against the U.S. dollar on a monthly basis.
iShares Currency Hedged MSCI Mexico ETF is most often compared with the following Financial Services names: