Comparative Analysis: Correlation DX with #USDJPY #ETF #Ni225A Classic example applied in today's market condition between the USDJPY ccy pair, an ETF tracking the Nikkei 225 equity index. Where liquidity, a passive income ETF asset allocation are rolled into an effective strategy. Don not discount that there will always be bumps along the way.
On the other
Key stats
About iShares Currency Hedged MSCI Japan ETF
Home page
Inception date
Jan 31, 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
HEWJ is a currency-hedged version of iShares' blockbuster Japan ETF, EWJ. HEWJ provides the same exposure as EWJ and overlays the ETF holdings with forward currency contracts to neutralize its exposure to the yen. HEWJ is a market-like fund with neutral exposures, so sector biases are minimal. It excludes small-caps and therefore tilts slightly large. The funds tracking record is distorted since the stocks in the underlying index (used in HEWJ's NAV) trade at different times and therefore can have very different end-of day prices. Overall, the fund gets the equity exposure that EWJ provides without the gains or losses from the yen
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.