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SHEH

GradeCNew York Stock Exchange Arca

Shell plc ADRhedged

Multi-Asset & Alternatives · ADR hedged · Inception 2024-10-01

$69.99+1.15 (+1.67%)

As of Sep 23, 2026, 3:09 PM EDT

History starts Oct 7, 2024.
Intraday session: up, 12 prints from 68.84 to 69.99. Range 69.23 to 69.99. Use the arrow keys to read each point.$69.20$69.40$69.60$69.8010 AM12 PM2 PM4 PM
Expense ratio
0.20%
Fund size
$1M
1Y return
+36.7%
Yield · Last 12 months
1.77%
Volume · 30D
0M sh
NAV per share
$70.00
52W range
low $50.34high $71.58

The ETF.net SHEH Grade

C

40/ 100

Rank 7 of 9 in Currency-Hedged Funds⁠

Confidence Low

Six-pillar profile for SHEH. Scores out of 100: Cost 55, Risk 69, Mission not scored, Tradability 70, Holdings 53, Durability 50. Strongest: Tradability (70). Weakest: Durability (50). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned60This cap took−20Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 55
    Category rank6/9 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 69
    Category rank3/9 · top 33%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 70
    Category rank3/9 · top 33%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 53
    Category rank4/8 · top 50%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 50
    Category rank4/9 · top 44%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

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 Sep 20, 2026, 10:31 PM
Asset class
Stocks
Holdings
—
Top-10 weight
100%
Largest holding
SHEL98.3%

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 plc98.29%14,085$1M65
002—Cash (US$)1.71%0$24K10

Showing 1–2 of 2 holdings

SHEH Performance

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

SHEH$13,674
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. SHEH $13,674. SPY $11,723. Use the arrow keys to read each point.$9,157$11,867$14,576Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for SHEH. Periods over one year show the average yearly return.
PeriodSHEH
Year to date+31.1%
1 month+2.9%
3 months+17.8%
1 year+36.7%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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+31.1%
2025+12.2%
2024−5.4%

History from Oct 7, 2024

SHEH in the news

ETF.net Research hasn’t filed on SHEH yet — coverage lands here as it’s written.

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 Sep 22, 2026.
1.77%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.
23.6%
Annualised · 22 months to Aug 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.
0.68
vs 3-month T-bills · 22 months to Aug 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%
23 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.
−0.47
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.