HEZU
iShares Currency Hedged MSCI Eurozone ETF
iShares Currency Hedged MSCI EMU ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the investment results of an index composed of equities from countries within the European Monetary Union while mitigating exposure to fluctuations between the value of the component currencies and the US dollar.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 546.2 M
ASSETS UNDER MGMT
53 bp
EXPENSES
Fund Basics
| Inception date | Jul 09, 2014 |
| Regulation | Open-End Investment Company |
| Fund Website | link... |
| Distributions | Semi-annual |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | Yes |
| Fund of funds | Yes |
Top 10 Holdings
Complete list +
| ASML HOLDING NV | 8.1 % |
| SIEMENS AG-REG | 3.1 % |
| SAP AG | 2.5 % |
| BANCO SANTANDER SA | 2.4 % |
| SCHNEIDER ELECTRIC SA | 2.2 % |
| TOTAL SA | 2.2 % |
| ALLIANZ SE-REG | 2.2 % |
| SIEMENS ENERGY AG | 1.9 % |
| IBERDROLA SA | 1.9 % |
| LVMH MOET HENNESSY LOUIS VUI | 1.8 % |
Constituent Breakdown
| Number of holdings | 1 |
| Herfindahl-Hirschman Index | 174 |
| Wgt avg mkt cap (mns) | $0 |
| Large cap (>$10bn) | 0.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 0.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
FRANCE | 24.9 % |
 |
GERMANY | 24.9 % |
 |
NETHERLANDS | 17.7 % |
 |
SPAIN | 10.5 % |
 |
ITALY | 8.7 % |
 |
FINLAND | 3.7 % |
 |
BELGIUM | 2.5 % |
 |
IRELAND | 1.6 % |
 |
AUSTRIA | 1.0 % |
 |
SWITZERLAND | 0.8 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 9.3% | 16.4% | 13.1% | 14.9% | 5.8% | 6.6% | -- | 5.9% |
| Dividend Yield | 0.0% | 3.6% | 3.4% | 3.3% | 6.8% | 5.2% | -- | 4.7% |
| Total Returns | 9.3% | 20.0% | 16.5% | 18.2% | 12.6% | 11.7% | -- | 10.6% | Ann. Volatility | 19.1% | 15.0% | 16.6% | 15.0% | 16.5% | 18.4% | -- | 19.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.96 | 58% |
| MSCI EAFE | 0.87 | 77% |
| MSCI Emg Mkts | 0.56 | 55% |
Liquidity Measures
| Avg. volume (000) | 90 |
| ADV traded (mns) | $4 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.22% |
Technical Indicators
| 30d moving avg. (EMA) | $46.64 |
| Relative strength (RSI) | 57 |
| MACD/Signal | 0.59/0.48 |
| Bollinger Bands (Upper/Lower) | $48.47/$45.19 |
| Short interest (% of AUM) | 0.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. HEZU |
Expenses vs. HEZU |
ALTAR Score™ vs. HEZU |
|---|---|---|---|---|
| EZU | iShares MSCI Eurozone ETF | 97.9% | -1 bp | +0.2% |
| DBEZ | Xtrackers MSCI Eurozone Hedged Equity ETF | 84.5% | -8 bp | +0.1% |
| FEZ | SPDR EURO STOXX 50 ETF | 64.2% | -24 bp | +0.4% |
| IEV | iShares Europe ETF | 52.0% | +14 bp | +0.4% |
| DBEU | Xtrackers MSCI Europe Hedged Equity ETF | 50.5% | -7 bp | 0.0% |
| BBEU | JPMorgan BetaBuilders Europe ETF | 49.3% | -44 bp | +0.7% |
| FLEE | Franklin FTSE Europe ETF | 48.6% | -44 bp | +0.7% |
| IEUR | iShares Core MSCI Europe ETF | 48.0% | -42 bp | +0.9% |
| VGK | Vanguard FTSE Europe ETF | 46.2% | -47 bp | +1.1% |
| SPEU | SPDR Portfolio Europe ETF | 46.1% | -46 bp | +1.0% |
Risk and Returns: HEZU vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
6.1%
ALTAR SCORE™
51st
PERCENTILE
NEUTRAL
ETFRC RATING
There are 415 funds in the International Equity category with an average
ALTAR Score™ of 6.1% and a standard deviation
of 1.6%. HEZU's ALTAR Score™ is approximately 0.0 standard
deviations above the category average. This places HEZU in the 51st percentile
among funds in the category.
Sell-Side Consensus
$54.44
PRICE TARGET
+12.6%
UPSIDE