HEWC:NYE-iShares Currency Hedged MSCI Canada ETF (USD)

ETF | Miscellaneous Region | NYE

Last Closing Price

USD 30.29

Change

+0.06 (+0.18)%

Market Cap

USD 0.01B

Volume

5.99K

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

The investment seeks to track the investment results of the MSCI Canada 100% Hedged to USD Index. The fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the underlying fund) and other instruments of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index primarily consists of stocks traded on the Toronto Stock Exchange with the currency risk inherent in the securities included in the underlying index hedged to the U.S. dollar on a monthly basis.

Company Website : http://www.ishares.com

Currency: USD

Country : USA

Inception Date: 29/06/2015

Primary Benchmark: MSCI Canada 100% Hedged NR USD

Primary Index: MSCI ACWI Ex USA NR USD

Management Expense Ratio: 0.54 %

Technical Indicators

Beta : 0.84

52 Week High : 30.29

52 Week Low : 22.34

200 Day Moving Average : 27.36

50 Day Moving Average : 29.33

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
RY Royal Bank of Canada 7.43 %
SHOP Shopify Inc 6.70 %
TD The Toronto-Dominion Bank 6.70 %
BNS The Bank of Nova Scotia 4.38 %
CNI Canadian National Railway Company 4.27 %
ENB Enbridge Inc 3.84 %
BMO Bank of Montreal 3.34 %
CP Canadian Pacific Railway Limited 3.02 %
CM Canadian Imperial Bank of Commerce 2.56 %
Top Sectors

N/A

Top Regions

N/A

Valuation Growth & Performance

Morningstar Ratio : 0

Category Benchmark : MSCI ACWI Ex USA NR USD

Sustainability Ratio : 3

3 Year Volatility : 16.95

3 Year Expected Return : 0.00

3 Year Sharpe Ratio : 0.59

YTD Return : 11.50%

3 Year Returns : 11.61%

5 Year Returns : 10.99%

10 Year Returns : 0.00%

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-09 )

Largest Industry Peers for Miscellaneous Region

Symbol Name Mer Price(Change) Market Cap
EWY iShares MSCI South Korea ETF 0.59 %

-0.43 (-0.47%)

 USD7.54B
RBL SPDR(R) S&P(R) RUSSIA ETF SPDR.. 0.00 %

N/A

 USD4.19B
EWU iShares MSCI United Kingdom ET.. 0.51 %

-0.10 (-0.31%)

 USD3.49B
EWC iShares MSCI Canada ETF 0.51 %

+0.11 (+0.31%)

 USD3.21B
EWG iShares MSCI Germany ETF 0.51 %

+0.08 (+0.23%)

 USD2.60B
EWL iShares MSCI Switzerland ETF 0.51 %

+0.22 (+0.48%)

 USD1.68B
EWA iShares MSCI Australia ETF 0.51 %

+0.04 (+0.16%)

 USD1.46B
EWW iShares MSCI Mexico ETF 0.51 %

-0.69 (-1.51%)

 USD1.10B
EWQ iShares MSCI France ETF 0.51 %

+0.12 (+0.33%)

 USD0.76B
KSA iShares MSCI Saudi Arabia ETF 0.74 %

+0.03 (+0.08%)

 USD0.73B

ETFs Containing HEWC

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Miscellaneous Region)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 11.98% 83% B 64% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 11.98% 82% B- 63% D
Trailing 12 Months  
Capital Gain 32.40% 30% F 42% F
Dividend Return 6.24% 94% A 74% C
Total Return 38.64% 35% F 44% F
Trailing 5 Years  
Capital Gain 41.21% 57% F 56% F
Dividend Return 16.70% 75% C 56% F
Total Return 57.92% 57% F 55% F
Average Annual (5 Year Horizon)  
Capital Gain 2.54% 60% D- 54% F
Dividend Return 2.79% 71% C- 64% D
Total Return 5.33% 62% D- 55% F
Risk Return Profile  
Volatility (Standard Deviation) 9.80% 95% A 81% B-
Risk Adjusted Return 54.42% 83% B 69% D+
Market Capitalization 0.01B 17% F 3% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.