Key stats
About HEZU
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Inception date
Jul 9, 2014
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
HEZU offers straightforward exposure to eurozone countries, hedged for currency exposure for USD investors. By design, it excludes firms from countries that don't use the euro like the UK, Switzerland, and Sweden. The fund provides the same holdings as EZU which tracks the unhedged MSCI EMU Index, overlaid with short forward contracts to neutralize euro exposure. The index is 100% hedged to US dollars by selling the euro forward at the one-month forward weight, while the amount is kept constant during the period. The index is rebalanced monthly on the last trading day, to take into account the effect of rolling one-month forward contracts.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.95%
Cash0.05%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HEZU last dividends amounted to 0.24 USD. Six months before that, the issuer paid 0.75 USD in dividends, which shows a 208.84% decrease.
Yes, HEZU pays dividends to its holders with the dividend yield of 2.41%. The last dividend (Dec 26, 2024) amounted to 0.24 USD. The dividends are paid semi-annually.
HEZU shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Jul 9, 2014, and its management style is Passive.
HEZU expense ratio is 0.53% meaning you'd have to pay 0.53% of your investment to help manage the fund.
HEZU follows the MSCI EMU 100% Hedged to USD Net Variant. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HEZU invests in funds.
HEZU price has fallen by −0.15% over the last month, and its yearly performance shows a 12.88% increase. See more dynamics on HEZU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 12.29% over the last month, showed a 4.50% increase in three-month performance and has increased by 13.72% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 12.29% over the last month, showed a 4.50% increase in three-month performance and has increased by 13.72% in a year.
HEZU trades at a premium (1.64%) meaning the ETF is trading at a higher price than the calculated NAV.