iShares Currency Hedged MSCI Japan ETF (HEWJ)
| Assets | $490.84M |
| Expense Ratio | 0.50% |
| PE Ratio | n/a |
| Shares Out | 9.25M |
| Dividend (ttm) | $1.08 |
| Dividend Yield | 2.02% |
| Ex-Dividend Date | Jul 2, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | n/a |
| Volume | 28,362 |
| Open | 53.61 |
| Previous Close | 53.33 |
| Day's Range | 53.33 - 53.66 |
| 52-Week Low | 35.81 |
| 52-Week High | 53.66 |
| Beta | 0.63 |
| Holdings | 13 |
| Inception Date | Jan 31, 2014 |
About HEWJ
Fund Home PageThe iShares Currency Hedged MSCI Japan ETF (HEWJ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap Japanese stocks, while fully hedging out its exposure to the yen relative to the US dollar. HEWJ was launched on Jan 31, 2014 and is issued by BlackRock.
Top 10 Holdings
100.05% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares MSCI Japan ETF | EWJ | 97.17% |
| JPY/USD | JPY | 2.39% |
| JPY/USD | JPY | 0.31% |
| JPY/USD | JPY | 0.13% |
| BLK CSH FND TREASURY SL AGENCY | XTSLA | 0.05% |
| JPY/USD | JPY | 0.01% |
| USD CASH | USD | 0.00% |
| JPY/USD | JPY | 0.00% |
| JPY/USD | JPY | -0.00% |
| JPY/USD | JPY | -0.00% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 2, 2025 | $0.42935 | Jul 8, 2025 |
| Dec 20, 2024 | $0.64807 | Dec 26, 2024 |
| Jul 2, 2024 | $0.29036 | Jul 8, 2024 |
| Dec 22, 2023 | $0.51671 | Dec 29, 2023 |
| Jul 3, 2023 | $0.1898 | Jul 10, 2023 |
| Dec 23, 2022 | $0.08127 | Dec 30, 2022 |
Performance
HEWJ had a total return of 30.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.00%.
News
Japan In The Spotlight; Blockchain In AI's Shadow
As the global private equity industry took tentative steps toward recovery in 2024, Japan raced ahead. The value of private equity investment in Japan jumped nearly 41% over the prior-year total in 20...
Japan: Hotter Than Expected Inflation, Output Rebound Should Support The BoJ's Policy Normalization
Today's data were a mixed bag, but the Bank of Japan will pay more attention to the sharp rise in Tokyo's inflation. Tokyo consumer prices rose more than expected to 2.6% YoY (vs 2.2% in July, 2.3% ma...
Third Quarter Economy Signals Sought From Flash PMI Data After Japan GDP Shows Rebound
Japan's economy enjoyed a strong second quarter, according to official data, which corroborates recent robust survey data. Gross domestic product rose 0.8% in the three months to June, according to in...
HEWJ: Black Monday Declines Mean Selectivity Is Key
The Nikkei suffered its worst ever one-day slump this morning. There are plenty of technical efforts, and it might have been a perfect storm of slightly negative data that agglomerated together into p...
BoJ Hikes By 25 Bps And Starts QT: Too Little Too Late, But In Right Direction To Prop Up The Plunging Yen
The “real” policy rate is massively negative, with the new policy rate of 0.25% far below Core CPI of 2.6%. When QT reaches about ¥3 trillion per month in 2026, it would represent a reduction of its J...
Escape Velocity: Japan's Drift Toward Sustained Inflation
Japan has been struggling for some time to generate enough velocity in inflation to escape the gravitational pull of deflation. The story for the rest of 2024 and into 2025 is now centered on whether ...
What's The Next Step For The Bank of Japan?
In March, the Bank of Japan abolished its 8-year-old negative interest rate policy, hiking rates for the first time in 17 years by raising its benchmark rate to 0-0.1%. To combat inflation while also ...
Mixed Japanese Data Supports BoJ's Policy Normalization
We'd rather downplay the weaker-than-expected manufacturing data and focus on a solid recovery in retail sales and a reacceleration in inflation, which will be welcomed by the Bank of Japan. Inflation...
HEWJ: The Yen Hedge Is Still Paying Off
The iShares Currency Hedged MSCI Japan ETF has successfully taken advantage of the rise in Japanese indices while avoiding the depreciation of the Yen. The ETF benefits from a weak Yen, particularly i...
Cooler Inflation Ahead Of The Bank of Japan Meeting
Inflation slowed down in March but underlying inflationary pressures are still alive. The BoJ's pause at its next week's meeting is widely expected but markets will pay more attention to the BoJ's qua...
Can Japan's Stock Market Continue Its Record-Setting Run?
Japan's equity benchmark, the Nikkei 225 Index, has been on a tear in 2024, eclipsing its previous high set back in 1989. As of early April, the index is hovering near 40,000. Solid economic growth, a...
The Bank of Japan's New Path Ahead
The Bank of Japan is set to normalise monetary policy when certain conditions are met, namely inflation, positive real cash earnings, and a recovery in domestic demand growth. We expect the window for...
The End Of Japan's Negative Interest Rates: What It Means For Gold
The Bank of Japan's historic move to end the country's negative interest rate policy after nearly two decades triggered a jolt upward to new all-time highs for gold against the yen. The BoJ announced ...
End Of An Era - Bank of Japan Reverses Negative Interest Rate Policy
Kazuo Ueda becomes Governor of the Bank of Japan, continuing the loose monetary policies implemented by his predecessor. The BOJ raises short rates from -0.1% to 0.1%, becoming the last central bank t...
Flash Insights: Bank of Japan - A 'Watchful' Adjustment
The Bank of Japan raised interest rates for the first time since 2007 and has eliminated the yield curve control framework. According to the central bank, the virtuous cycle between wages and prices w...
Flash PMI Signal Cooling Inflation And Stagnating Private Sector Activity In Japan
Japan's private sector activity broadly stagnated in February according to flash PMI data, attributed to a combination of slowing services activity growth and an acceleration in manufacturing output c...
Bank of Japan Opens The Door To Ending Negative Rates, But Timing Uncertainty Remains
The Bank of Japan stood pat on monetary policy today as widely expected. But the market is now paying attention to a more positive tone on the wage and inflation outlook, as well as an upgrade to the ...
HEWJ: Not Expensive At All Despite Strong Outperformance
iShares Currency Hedged MSCI Japan ETF has outperformed the S&P 500 index in the past two years. Japan's economy is expected to remain robust in 2024, with a resilient services sector. The Bank of Jap...
Japan Flash PMI Eases To 50.0 To Signal Stalling Private Sector Activity In November
Japan's private sector growth ground to a halt in November according to the latest flash PMI data, which is based on about 85%-90% of total PMI survey responses each month. This was mainly attributed ...
Declining PPIs Perpetuate Japan's TINA Trade
Things were looking tough for the BoJ as recently as this summer, when the country's core CPI bolted north of 4%, far beyond the 2% inflation target that major central banks view as ideal. The Bank of...
Japan's Flash PMI Points To Stalling Private Sector Economy At Start Of Fourth Quarter
October's flash PMI data revealed that Japan's private sector economy concluded the eight-month growth streak that commenced in January 2023. This was attributed primarily to a sharper fall in manufac...
HEWJ: Currency Hedged Or Not, It's Vulnerable Here
iShares Currency Hedged MSCI Japan ETF is a currency-hedged exchange-traded fund that tracks the performance of large and mid-sized Japanese companies, reducing exposure to currency fluctuations. The ...
Asia Continues To Fuel Global Growth, But Economic Momentum Is Slowing
The region is likely to see faster disinflation, but prospects for growth in coming years are dimming. Strong consumer spending has supported growth in Asia's three largest economies this year, but th...
China Could Derail Japan's Fragile Recovery
The IMF, the World Bank, and the United Nations all rank China and Japan as the second and third largest economies on the planet. More of what is occurring in the markets should reflect what is happen...
Mixed Signals For Earnings And Spending In Japan, But The BoJ Is Likely To Move On
It is disappointing that labour cash earnings were weaker than expected in Japan, but consumption held up relatively well. Meanwhile, due to the recent spike in market rates and high inflation, the Ba...
Japan's Growth Momentum And Inflation Pressures Ease In September
Japan's private sector economy continued to grow in September, extending the sequence of expansion that commenced at the start of 2023. Slower service sector growth, attributed in part to a renewed de...
HEWJ: Too Pricey With Japan Finally Set To Undergo Monetary Policy Normalization
Japanese stocks have outperformed this year. The sustainability of this run will be tested, though, by the BoJ's move toward normalizing monetary policy. Having already re-rated, the HEWJ fund is at r...
Japanese Stocks Are Trouncing the S&P 500. 5 Funds to Consider.
The Japanese stock market is roaring again as companies known for amassing cash hand it back to shareholders via dividends and buybacks.
The Sun Shines On Japanese Stocks, Anticipating Key Events To Finish The First Half
Japan's Nikkei 225 eclipsed 33,000 for the first time in 33 years, and the significant rally has attracted major investor interest. Global portfolio managers are increasingly bullish on Japan, and the...
Japan June Flash PMI Data Signal Solid Expansion At End Of Q2 2023 Despite Moderation In Growth Momentum
Despite a slowdown in growth momentum from May, as signalled by the latest June flash PMI data for Japan, a solid quarter of growth is expected for Q2 2023. This may well exceed the strong official GD...
Japan's Stock Market 'Very Attractive,' Petterstone Says
Chris Weston, head of research at Pepperstone Group, shares his views on Japan's stock market. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia.
HEWJ: An Unfavorable Near-Term Setup For Japanese Equities
The iShares Currency Hedged MSCI Japan ETF offers investors a diversified investment vehicle to express a long Japanese equities/short JPY view. While HEWJ has been a winning trade in recent years, it...