iShares Currency Hedged MSCI EAFE Small-Cap ETF company info
HSCZ
iShares Currency Hedged MSCI EAFE Small-Cap ETF
What does iShares Currency Hedged MSCI EAFE Small-Cap ETF do?
iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSE:HEFA) focuses on delivering investment results that correspond generally to the price and yield performance, before fees and expenses, of its underlying index, the MSCI EAFE Small-Cap 100% Hedged to USD Index. This involves targeting small-cap companies in Europe, Australasia, and the Far East, while minimizing exposure to currency fluctuations relative to the U.S. dollar. The ETF aims to offer investors a comprehensive approach to accessing small-cap stocks across developed markets outside of North America, with the added strategy of currency hedging to protect against the impact of currency movements. Through diverse holdings, it seeks to provide growth and risk management opportunities for its investors, while striving to diversify their international equity portfolios.
Company Snapshot
Is iShares Currency Hedged MSCI EAFE Small-Cap ETF a public or private company?
Ownership
Public
How many people does iShares Currency Hedged MSCI EAFE Small-Cap ETF employ?
Employees
7
What sector is iShares Currency Hedged MSCI EAFE Small-Cap ETF in?
Sector
ETF
Where is the head office for iShares Currency Hedged MSCI EAFE Small-Cap ETF?
Head Office
San Francisco, United States
What year was iShares Currency Hedged MSCI EAFE Small-Cap ETF founded?
Year Founded
2015
What does iShares Currency Hedged MSCI EAFE Small-Cap ETF specialise in?
What are the products and/or services of iShares Currency Hedged MSCI EAFE Small-Cap ETF?
Overview of iShares Currency Hedged MSCI EAFE Small-Cap ETF offerings
Exposure to Developed Small-Cap Stocks (Excluding US & Canada): HSCZ offers investors exposure to a basket of small-capitalization stocks in developed markets outside the United States and Canada. Small-cap stocks can offer potentially higher growth prospects but also carry greater risk compared to large-cap stocks.
Currency Hedging: HSCZ attempts to mitigate the impact of foreign currency fluctuations on the ETF's performance. The fund uses hedging strategies to offset potential gains or losses caused by movements in foreign currencies relative to the U.S. dollar (USD), which is the base currency for HSCZ.
Diversification: By holding a basket of small-cap stocks from various developed markets, HSCZ aims to spread out risk and reduce the impact of any single company's performance on the overall portfolio.
Passive Management: HSCZ tracks the MSCI EAFE Small-Cap Index (hedged to USD). The fund passively replicates the performance of this index by holding the same securities in similar proportions.
Cost-Effective Access: ETFs typically offer lower expense ratios compared to some actively managed funds. This translates to a larger portion of the fund's returns going to investors.
Potential for Capital Appreciation: HSCZ offers the potential for long-term capital appreciation if the underlying small-cap companies in developed markets outside the U.S. and Canada experience growth in their stock prices.