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Upturn AI SWOT - About
iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX)
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Upturn Advisory Summary
08/14/2025: HAWX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 7.29% | Avg. Invested days 57 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.68 | 52 Weeks Range 28.72 - 35.48 | Updated Date 06/29/2025 |
52 Weeks Range 28.72 - 35.48 | Updated Date 06/29/2025 |
Upturn AI SWOT
iShares Currency Hedged MSCI ACWI ex U.S. ETF
ETF Overview
Overview
The iShares Currency Hedged MSCI ACWI ex U.S. ETF (HEFA) seeks to provide investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI ACWI ex USA Hedged to USD Index. This index is designed to represent performance of the MSCI ACWI ex USA Index, while mitigating exposure to fluctuations between the value of the U.S. dollar and the currencies of the countries included in the MSCI ACWI ex USA Index.
Reputation and Reliability
iShares, managed by BlackRock, is a well-established and reputable ETF provider with a long track record in the market.
Management Expertise
BlackRock is one of the largest asset managers globally, possessing significant expertise and resources for managing ETFs.
Investment Objective
Goal
To provide investment results that closely correspond to the price and yield performance of the MSCI ACWI ex USA Hedged to USD Index.
Investment Approach and Strategy
Strategy: The ETF employs a replication strategy, attempting to hold all the underlying securities of the MSCI ACWI ex USA Hedged to USD Index. It also uses currency forward contracts to hedge against currency fluctuations.
Composition The ETF primarily holds stocks from developed and emerging markets outside the U.S., with currency hedges against the U.S. dollar.
Market Position
Market Share: Information not readily available, as currency-hedged ex-US ETFs constitute a niche segment and market share data is not comprehensively tracked.
Total Net Assets (AUM): 334700000
Competitors
Key Competitors
- WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)
- Xtrackers MSCI EAFE Hedged Equity ETF (DBEF)
Competitive Landscape
The competitive landscape consists of other currency-hedged international equity ETFs. HEFA's strength lies in its broad diversification across developed and emerging markets, mirroring the ACWI ex USA index. Competitors may focus on specific regions (e.g., EAFE) or investment styles (e.g., dividend growth), offering different risk/return profiles.
Financial Performance
Historical Performance: Historical performance data needs to be obtained from financial data providers.
Benchmark Comparison: Benchmark comparison needs to be made against the MSCI ACWI ex USA Hedged to USD Index.
Expense Ratio: 0.08
Liquidity
Average Trading Volume
The ETF exhibits moderate liquidity, but it can vary depending on market conditions.
Bid-Ask Spread
The bid-ask spread is typically tight but may widen during periods of high volatility.
Market Dynamics
Market Environment Factors
Global economic conditions, currency exchange rates, geopolitical events, and interest rate differentials influence the performance of HEFA.
Growth Trajectory
Growth depends on the performance of international equities and the effectiveness of the currency hedging strategy.
Moat and Competitive Advantages
Competitive Edge
HEFA's competitive advantage lies in its comprehensive market coverage of the MSCI ACWI ex USA index coupled with currency hedging. This makes it an attractive option for investors seeking international diversification while mitigating currency risk. The ETF offers broad exposure to both developed and emerging markets outside the U.S. Its relatively low expense ratio, compared to some competitors, also contributes to its attractiveness.
Risk Analysis
Volatility
HEFA's volatility is influenced by both the underlying equity market volatility and the effectiveness of the currency hedging strategy.
Market Risk
Market risk includes the general risk associated with investing in international equities, such as economic downturns, political instability, and regulatory changes.
Investor Profile
Ideal Investor Profile
Investors seeking international equity exposure with reduced currency risk, particularly those concerned about the impact of a strengthening U.S. dollar.
Market Risk
HEFA is suitable for long-term investors seeking international diversification and currency risk management.
Summary
The iShares Currency Hedged MSCI ACWI ex U.S. ETF (HEFA) offers exposure to international equities while mitigating currency risk. It tracks the MSCI ACWI ex USA Hedged to USD Index and uses currency forward contracts. HEFA is suitable for long-term investors seeking diversification and currency protection. The ETF's performance is linked to global economic conditions and currency exchange rates, making it important to understand these factors when investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- iShares official website
- BlackRock official website
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market conditions can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares Currency Hedged MSCI ACWI ex U.S. ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund generally will invest at least 80% of its assets in the component securities and other instruments of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index. The underlying index includes large- and mid-capitalization companies and may change over time.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.