iShares Currency Hedged MSCI Eurozone ETF
$48.76−0.46 (−0.93%)
- Expense ratio
- 1.12%
- Fund size
- $576M
- 1Y return
- +21.9%
- Yield · Last 12 months
- 2.56%
- Volume · 30D
- 0M sh
- NAV per share
- $49.00
- 52W range
The ETF.net HEZU Grade
Score 37 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 11Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 52Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 64Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 40Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 65Category rank
Our read on HEZU
DThe hedged twin of a big eurozone index fund: same large- and mid-cap basket, euro/dollar swings neutralized. You own the shares, not the currency. That built-in hedge carries a fee well above the typical index wrapper.
The fund seeks to track an index of large- and mid-cap equities from developed countries that use the euro.
Why people hold it
- Currency hedging is baked into the wrapper: the euro/dollar move is neutralized, so results follow the eurozone shares rather than the exchange rate.
- Tracks the same declared index as the unhedged EZU (MSCI EMU), so moving between hedged and unhedged versions keeps the stock lineup identical.
- One ticket for large- and mid-cap companies across developed countries that use the euro, running since 2014 under the iShares roof.ishares.com
Worth knowing
- Cost is the headline trade-off: a 1.12% expense ratio against a 0.45% median for index wrappers, and against 0.50% on the unhedged EZU tracking the same index.
- The hedge cuts both ways: a strengthening euro no longer adds to dollar-based results the way it can in an unhedged eurozone fund.
- Moderately traded rather than a volume heavyweight, so spreads and order size are worth a look before hitting the button.
HEZU Holdings
- Stocks
- —
- 30%
- ASML.AS
Sectors
- Financials26.4%
- Industrials20.3%
- Technology15.9%
- Consumer Discr.7.7%
- Utilities6.1%
- Health Care5.8%
- Cons. Staples5.3%
- Materials4.1%
- Communication3.8%
- Energy3.8%
- Real Estate0.8%
Geography
- Germany25.12%
- France24.83%
- Netherlands18.60%
- Spain11.32%
- Italy9.29%
- Finland3.40%
- Belgium2.46%
- Ireland1.51%
- 3.47%
Developed 100% · Emerging 0%
HEZU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
HEZU$12,193
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | HEZU |
|---|---|
| Year to date | +14.4% |
| 1 month | −1.3% |
| 3 months | −0.3% |
| 1 year | +21.9% |
| 3 years | +20.0% |
| 5 years | +12.9% |
| 10 years | +12.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | HEZU |
|---|---|---|
| 2026 YTD | +14.4% | |
| 2025 | +25.9% | |
| 2024 | +10.6% | |
| 2023 | +23.0% | |
| 2022 | −9.5% | |
| 2021 | +23.5% | |
| 2020 | +0.5% |
HEZU in the news
HEZU Dividends
- 2.56%
- $1.26
- $0.84 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jul 2, 2026 | Jul 8, 2026 | $0.84 |
| Dec 23, 2025 | Dec 29, 2025 | $0.42 |
| Jul 2, 2025 | Jul 8, 2025 | $0.86 |
| Dec 20, 2024 | Dec 26, 2024 | $0.24 |
| Jul 2, 2024 | Jul 8, 2024 | $0.75 |
| Dec 22, 2023 | Dec 29, 2023 | $0.25 |
| Jul 3, 2023 | Jul 10, 2023 | $0.59 |
| Dec 23, 2022 | Dec 30, 2022 | $0.13 |
| Dec 2, 2022 | Dec 8, 2022 | $5.44 |
| Jul 5, 2022 | Jul 11, 2022 | $0.90 |
| Dec 23, 2021 | Dec 30, 2021 | $0.46 |
| Jul 2, 2021 | Jul 9, 2021 | $0.39 |
HEZU Risk
- 11.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.22
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.66
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HEZU Cost
1.12%
HEZU1.12%
- The middle half of International Stocks (USD-Hedged) funds
- Median 0.45%
Every other International Stocks (USD-Hedged) fund charges less.