iShares Currency Hedged MSCI Switzerland ETF
HEWL
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Jun 29, 2015
- CIK
- 0001100663
- Similar Companies
- Business
- iShares Currency Hedged MSCI Switzerland ETF (HEWL) is an exchange-traded fund managed by BlackRock that seeks to track the investment results of an index composed of large- and mid-capitalization Swiss equities hedged against fluctuations in the Swiss franc relative to the U.S. dollar. The fund invests at least 90% of its assets in the component securities of the MSCI Switzerland 25/50 100% Hedged to USD Index or in instruments providing similar economic exposure, including growth and value stocks across diversified market capitalizations; it employs derivatives such as currency forwards to implement the hedge. Primarily targeting U.S. investors seeking Switzerland equity exposure without unhedged foreign exchange risk, HEWL operates in the Europe equities segment with a focus on Swiss markets. Launched on July 1, 2015, the ETF is issued by BlackRock with administrative, custodial, and transfer agent services provided by Citibank, N.A., headquartered in New York. BlackRock, the parent entity, maintains its primary U.S. headquarters at 50 Hudson Yards in New York City following a 2024 consolidation of Manhattan operations. As of late 2025, HEWL maintains a modest asset base around $9 million, trades on U.S. exchanges including NYSE Arca under ticker HEWL, and exhibits characteristics such as a single holding concentration nearing 100% in top positions aligned with its benchmark, low beta of 0.62, and a dividend yield near 2.9%. No significant recent partnerships, strategic alliances, funding rounds, acquisitions, new product launches, or major reorganizations specific to HEWL have been reported in the last 1-2 years. The fund remains active amid broader iShares ETF industry growth, including record global launches and AUM expansion in 2024-2025, though it has not featured in notable closures or liquidations unlike select other iShares products. HEWL continues standard operations without announced strategic shifts, expansions, or name changes.