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Launched · SEC filings

Shell plc ADRhedged

SHEHNYSE ArcaC

$75.44+0.72 (+0.96%)

As of Oct 13, 2026, 2:24 PM

C40/ 100

Rank 2 of 9 in Currency-Hedged Funds

C40/100Rank 2 of 9inCurrency-Hedged Funds
Intraday session: up, 10 prints from 74.72 to 75.44. Range 75.05 to 75.54. Use the arrow keys to read each point.75.0075.2010 AM12 PM2 PM4 PM
Expense ratio
0.20%
Fund size
$4M
1Y total return
+46.2%
Yield · Last 12 months
1.63%
Holdings
2
Avg volume · 30D
0M sh
NAV per share
$73.67
52W range
low $50.34high $74.97
Launched
Filings
SEC EDGAR

The ETF.net SHEH Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Currency-Hedged Funds⁠
Rank
2 of 9
Six-pillar profile for SHEH. Scores out of 100: Cost 55, Risk 72, Mission not scored, Tradability 61, Holdings 53, Durability 65. Strongest: Risk (72). Weakest: Holdings (53). Based on 5 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
60
This cap took
−20
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B55 out of 100
    Rank 2 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A72 out of 100
    Rank 3 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B61 out of 100
    Rank 3 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C53 out of 100
    Rank 4 of 8

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B65 out of 100
    Rank 2 of 9

Our read on SHEH

ETF.net Research

CShell in one ticker, minus the currency guessing game. SHEH holds the Shell ADR and pairs it with a currency swap meant to strip out dollar-versus-local-currency moves, leaving the oil major's own local-currency return.

Stated mandate

The Fund seeks returns that generally correspond, before fees and expenses, to the total return of Shell plc ordinary shares in the company’s local market and local currency; achievement is not assured.

Why people hold it

  1. 01Two trades in one ticker: the Shell ADR plus a currency swap built to offset dollar-versus-local-currency moves. No separate FX hedge to run alongside it.precidian.com
  2. 020.19% expense ratio, matching the rest of the ADRhedged lineup (HSBH, BPH, GSKH) and the currency-hedged cohort median. The hedge is not priced as an add-on.
  3. 03The swap settles daily and resets at-the-money, with the notional adjusting automatically, so the hedge follows the position rather than a fixed dollar amount.adrhedged.com
  4. 04Sits in the upper half of its currency-hedged peer group.

Worth knowing

  1. 01One company, one balance sheet. Shell's results, energy prices and headlines drive the whole position; no index is there to cushion a bad quarter.
  2. 02The hedge cuts both ways: if the local currency gains on the dollar, that tailwind is stripped out too. Swaps also carry counterparty and imperfect-correlation risk.adrhedged.com
  3. 03A small, lightly traded fund that launched in 2024. Spreads and order size matter more here than in mainstream ETFs.

SHEH Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
2
Top-10 weight
100%
Largest holding
SHEL95.8%

Sectors

  • Energy100.0%

Geography

  • United Kingdom100.00%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SHELShell plc95.76%42,253$4M68
002—Cash (US$)4.24%0$187K10

Showing 1–2 of 2 holdings

SHEH Performance

Launched Oct 1, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
SHEH$14,620
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. SHEH $14,620. SPY $12,044. Use the arrow keys to read each point.$9,377$12,193$15,008Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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.

Trailing total return for SHEH. Periods over one year show the average yearly return.
PeriodSHEH
Year to date+42.5%
1 month+7.5%
3 months+25.5%
1 year+46.2%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SHEH
YearReturn barSHEH
2026 YTD+42.5%
2025+12.2%
2024−5.4%

History from Oct 7, 2024

SHEH in the news

Filtered to SHEH · ADR hedged

SHEH Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
1.63%Last 12 months
Payout per share
$1.22Last 12 months
Last payment
$0.50 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2024–2026

One bar per payment. 3 payments from 2024 to 2026 YTD. Dec 16, 2024 $0.87; Mar 16, 2026 $0.72; Jun 16, 2026 $0.50. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Jun 16, 2026Jun 23, 2026$0.50
Mar 16, 2026Mar 23, 2026$0.72
Dec 16, 2024Dec 23, 2024$0.87

SHEH Risk

How much the fund’s monthly returns vary, scaled to a year.
23.3%
Annualised · 23 months to Sep 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.80
vs 3-month T-bills · 23 months to Sep 2026
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.

The largest fall from a peak to the low that followed.
−18.8%
24 months · trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
−0.49
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SHEH Cost

Expense ratio0.20%
  • The middle half of Currency-Hedged Funds funds
  • Median 0.19%

7 of the 9 Currency-Hedged Funds funds charge less.

SHEH costs $20.00 a year on $10,000. The median Currency-Hedged Funds fund costs $19.00.

Other funds in Currency-Hedged Funds

See others