Shell plc ADRhedged
SHEH
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
- Address
- 301 South State Street, Suite N-002 Newtown United Kingdom 18940
- IPO Date
- Oct 7, 2024
- Website
- adrhedged.com
- Similar Companies
- Business
- Shell plc ADRhedged (SHEH) is an exchange-traded fund that seeks to provide investment results corresponding generally, before fees and expenses, to the total return of the ordinary shares of Shell plc in its local market. The fund, under normal circumstances, invests at least 95% of its net assets in American Depositary Receipts (ADRs) of Shell plc and does not invest directly in the company; it employs swaps to hedge daily currency fluctuations between the British pound and the U.S. dollar, offering U.S. investors exposure to Shell plc's performance without unhedged foreign exchange risk. Launched on October 1, 2024, and listed on NYSE Arca, SHEH is issued by Precidian Funds with fund managers Daniel McCabe and Mark Criscitello; it features a net expense ratio of 0.19%, a dividend yield around 1.57%, and is classified as a non-diversified regulated investment company focused on single-stock strategy in developed North American markets. The fund's holdings primarily include Shell plc ADR (representing ordinary shares), U.S. dollar and Great British pound derivatives for hedging, with nearly 100% allocation to equity in the energy sector. Headquartered through its sponsor ADRhedged (associated with ADRH operations) and with currency hedging provided by Canadian Imperial Bank of Commerce (CIBC), which pioneered similar currency-hedged depositary receipts in Canada in 2021, SHEH targets U.S. retail and institutional investors seeking global energy exposure with mitigated exchange rate risk. Recent developments include its inaugural listing and trading commencement on October 1, 2024, marking the expansion of ADRhedgedTM securities lineup, which mitigates the currency risk embedded in traditional ADRs of global blue-chip firms like Shell plc; no major acquisitions, funding rounds, or strategic shifts have been reported for the fund itself within the past year, though ongoing performance tracking shows a 52-week range of approximately $43.91 to $57.00 as of late 2025.