IQ 50 Percent Hedged FTSE Japan ETF
HFXJ
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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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
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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 - Global
- Address
- IPO Date
- Jul 22, 2015
- CIK
- 0001415995
- Similar Companies
- Business
- IQ 50 Percent Hedged FTSE Japan ETF (HFXJ) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield performance, before fees and expenses, of the FTSE Japan 50% Hedged to USD Index, an equity benchmark for Japan with approximately half of its exposure to the Japanese yen hedged against the U.S. dollar on a monthly basis. The fund, issued by IndexIQ ETF Trust and managed by IndexIQ Advisors LLC, a New York Life Investments company, invests at least 80% of its net assets plus borrowings for investment purposes in the securities and other instruments included in the underlying index, which comprises large- and mid-cap Japanese companies across diversified sectors. Launched on July 22, 2015, and headquartered at 51 Madison Avenue, New York, NY, the ETF targets U.S. investors seeking exposure to Japanese equities with partial currency risk mitigation. The ETF's core offerings include passive tracking of the FTSE Japan 50% Hedged to USD Index through full replication, utilizing derivatives such as futures and forwards; exposure to growth and value stocks in public equity markets of Japan; and quarterly distributions, with a focus on large- and mid-cap holdings representing approximately 506 securities, where the top 10 holdings account for about 20% of assets. It provides liquidity via trading on NYSE Arca throughout the trading day, with net assets around $7 million as of recent data, a yield of approximately 2.14%, and an expense ratio aligned with similar Japan equity ETFs. In recent developments, IndexIQ ETF Trust announced multiple lineup changes, including the 2020 liquidation of several funds alongside HFXJ such as IQ 50 Percent Hedged FTSE Europe ETF (HFXE), amid a broader restructuring of its ETF family. Despite some sources indicating delisting around August 2020, conflicting records list the entity as active per SEC EDGAR registrations under New York Life Investments ETF Trust. No major partnerships, acquisitions, new product launches, or funding rounds specific to HFXJ have been reported in 2024 or 2025; however, IndexIQ continued ETF adjustments, liquidating funds like IQ U.S. Large Cap ETF (CLRG) and others in late 2023, and launching products such as IQ CBRE Real Assets ETF (IQRA) in 2023. The ETF operates within the Japan equities segment, primarily serving retail and institutional investors diversifying into international markets with hedged currency exposure.