HEWJ iShares Currency Hedged MSCI Japan ETF

ETF 63.29 Delayed

ETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

HEWJ $63.29 —
Key stats
$63.29
52-Week Range
$51.66 – $67.27
YTD
+19.20%
IV Rank (30D)
43.98
Straddle Price
$3.17
P/C Vol Ratio
0.00
Open
$63.50
Day Range
$63.15 – $63.71
Volume
9,330
Prev Close
$64.61
About

iShares Currency Hedged MSCI Japan ETF (HEWJ) ETF

No description available.

Exchange
ARCX
Inception
2014-01-31
Has Options
Yes
Homepage
https://www.ishares.com/us
Fund profile
holdings as of Oct 20, 2026issuer datathrough May 2026flows, SEC filings
International Equity Single Country#45 of 163 by assets iShares Japan Developed ex-US Index-tracking
Currency-hedged: returns exclude most of the move in the local currency against the dollar.
Expense ratio
0.49%
issuer, Oct 22, 2026
Assets
$646M
issuer-reported, Oct 20, 2026
Trailing yield
4.04%
paid semi-annual
Average daily volume
$2.7M
30 sessions
Holdings
8
top 10 are 99.9%
Listed
Jan 31, 2014
NYSE Arca
Last fee change
-1 bp
filed Dec 19, 2025
Net asset value
$64.57
issuer, Oct 21, 2026 · closed +0.06% to NAV
Median bid/ask spread
0.16%
30 days, issuer-reported
30-day SEC yield
3.58%
issuer, Sep 30, 2026
Return on NAV, 1 year
+39.0%
issuer, through Sep 30, 2026 · 3 years +28.0% a year · 5 years +21.5% · 10 years +16.7%
Distributions, 12 months
$2.61 a share
issuer, through Jul 2, 2026: 89% income · 11% capital gains
Closure risk, 12 months
0.4%
low · model
Tracking difference
-2.05 pts
vs index, after fees, FY 2025
FrenzyCap ETF score
45
how it is built
Cost55
Liquidity48
Scale67
Diversification0

Moves with. US large-cap stocks (44% of its variance, beta 1.03); Emerging markets over US (13% of its variance, beta 0.25); Developed markets ex-US over US (12% of its variance, beta 0.71). These factors explain 68% of its daily moves over the last year.

Stated objective. The iShares Currency Hedged MSCI Japan ETF (the Fund ) seeks to track the investment results of an index composed of large- and mid-capitalization Japanese equities while mitigating exposure to fluctuations between the value of the Japanese yen and the U.S. dollar. (from the fund's prospectus)

All 8 holdingsFlow historyOverlap toolAll Single Country ETFs

Fund flows
daily as of Oct 20, 2026issuer datathrough May 2026SEC filings
Oct 20, 2026
$0
latest day
Latest 5 trading days
+$3.2M
Latest 21 trading days
−$3.4M
−0.5% of assets
Year to date
+$26M
+$39M over 12 months
Each day
Net creations of HEWJ by day, Sep 22, 2026 to Oct 20, 2026
DayNet flow
Oct 20, 2026$0
Oct 19, 2026$0
Oct 16, 2026$0
Oct 15, 2026$0
Oct 14, 2026+$3.2M
Oct 13, 2026$0
Oct 12, 2026$0
Oct 9, 2026$0
Oct 8, 2026$0
Oct 7, 2026$0
Oct 6, 2026$0
Oct 5, 2026−$3.3M
Oct 2, 2026$0
Oct 1, 2026$0
Sep 30, 2026$0
Sep 29, 2026$0
Sep 28, 2026$0
Sep 25, 2026+$3.3M
Sep 24, 2026$0
Sep 23, 2026−$6.5M
Sep 22, 2026$0

Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.

May 2026
−$24M
latest reported month
Latest 3 months
+$83M
+11.3% of assets
Latest 12 months
+$201M
+27.4% of assets
Jun 2025: −$4.3MJul 2025: −$6.6MJulAug 2025: −$2.4MSep 2025: −$7.4MSepOct 2025: +$71MNov 2025: +$13MNovDec 2025: −$5.4MJan 2026: +$5.7MJanFeb 2026: +$54MMar 2026: +$125M+$125MMarApr 2026: −$17MMay 2026: −$24M−$24MMay
View as a table
Net flows of HEWJ by month, Jun 2025 to May 2026
MonthNet flow
May 2026−$24M
Apr 2026−$17M
Mar 2026+$125M
Feb 2026+$54M
Jan 2026+$5.7M
Dec 2025−$5.4M
Nov 2025+$13M
Oct 2025+$71M
Sep 2025−$7.4M
Aug 2025−$2.4M
Jul 2025−$6.6M
Jun 2025−$4.3M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 81 months ago

Similar funds
FundOverlapFeeAssets1Y
EMXCiShares MSCI Emerging Markets ex China ETF—0.25%$25.8B+31.9%compare
EWJiShares MSCI Japan ETF—0.49%$23.7B+14.6%compare
EWYiShares MSCI South Korea ETF—0.59%$23.1B+73.5%compare
BBJPJPMorgan BetaBuilders Japan ETF—0.19%$19.2B+12.1%compare
EWZiShares MSCI Brazil ETF—0.59%$13.9B+40.7%compare

The largest other funds in the Single Country category.

Look-through: what the holdings say
weights as of Oct 20, 2026issuer data
Insider buying
0%
of weight had net insider buying, 90 days; 0% net selling
13F holders
−7.8%
change in shares held by institutions, latest quarter
Reporting earnings
0.0%
of weight in 7 days; 0.0% in 14

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

Under the hood
fiscal year to Aug 31, 2025SEC census
Authorized participants
4 active
of 40 with agreements; top 3 did 94%
Created · redeemed
$100M · $165M
over the fiscal year
Redemptions in kind
101%
creations 100% in kind
Creation unit
50,000
shares
Securities lending
24.40%
of assets on loan on average; earned 12.5 bp
Return vs index
-2.05 pts
after fees; -2.05 before

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-10-20
Holdings
8
AUM
$645.7M
Provider
iShares (BlackRock)
Inception
2014-01-31
Exchange
ARCX
Data As Of
2026-10-20
Expense Ratio
0.49%
Dividend Yield
4.04%
Distribution
Semi-Annual
Recent distributions
Ex-Date Pay Date Amount Type
2026-07-02 2026-07-08 $0.3489 CD
2025-12-23 2025-12-29 $1.9751 CD
2025-12-02 2025-12-05 $0.2836 CD
2025-07-02 2025-07-08 $0.4293 CD
2024-12-20 2024-12-26 $0.6481 CD
2024-07-02 2024-07-08 $0.2904 CD
Asset Allocation
Top Holdings
top 8 of 8 holdings
Symbol Name Weight % Asset Class Country
EWJ ISHARES MSCI JAPAN ETF 99.15% Equity (US) US
— JPY/USD 0.77% Derivative US
— BLK CSH FND TREASURY SL AGENCY 0.09% Cash/Money Market US
— USD CASH 0.02% Cash/Money Market US
— JPY/USD -0.00% Derivative US
— JPY/USD -0.00% Derivative US
— JPY/USD -0.00% Derivative US
— JPY/USD -0.02% Derivative US
Non-Equity Breakdown
iShares Currency Hedged MSCI Japan ETF · NPORT-P period 2026-05-31 (filed 2026-07-27)
Net assets: $734M · 11 total positions · equity 0.00% · non-equity 100.00%
Non-equity holdings — 11 positions, 100.00% of NAV
Category Weight Value Positions
Other 98.28% $721.5M 1
Derivative (FX) 1.67% $12.3M 9
Short-term investment 0.04% $306334 1
Chart
Seasonality
'21'22'23'24'25'26Avg
Jan2.01%-4.51%7.05%8.16%0.61%4.26%2.93%
Feb2.16%-1.48%0.82%6.21%-1.15%8.53%2.52%
Mar2.34%5.29%2.52%2.61%-0.40%-5.46%1.15%
Apr-3.70%-3.00%2.93%0.10%0.84%1.76%-0.18%
May1.26%0.60%2.76%3.03%3.04%6.71%2.90%
Jun1.36%-3.48%6.69%2.37%1.82%2.97%1.96%
Jul-2.87%3.68%0.62%-3.20%3.20%-3.26%-0.30%
Aug1.47%-0.40%0.18%4.43%5.56%5.34%2.76%
Sep2.32%-4.40%-0.32%-0.22%2.74%0.80%0.15%
Oct0.50%3.30%0.41%0.94%9.21%-3.37%*1.83%
Nov-5.24%3.79%3.24%0.77%0.84%--0.68%
Dec3.66%-34.58%-2.16%0.28%-1.57%---6.87%
Total4.94%-35.40%27.25%28.04%27.14%18.73%11.78%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $65.23
SMA 50: $64.91
SMA 200: $61.23
Current: $63.29
EMA 12: $64.64
EMA 26: $64.88
MACD: -0.2416 | Signal: -0.2595
BULLISH
ADX (14): 13.27
RANGE
+DI: 24.47
−DI: 43.95

Momentum Oscillators

RSI (14): 37.63
NEUTRAL
Stoch %K: 20.41
Stoch %D: 22.65
Williams %R: -96.57

Volume & Volatility

BB Upper: $67.11
BB Lower: $63.34
OVERSOLD
OBV: -2,922,156
Vol SMA 20: 22,769
Vol ROC: -72.65%
ATR: $0.82
True Range: $1.46
HV 20: 14.3%
HV 30: 14.8%
HV 60: 15.8%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All HEWJ news →
Showing 1–10 of 36
Page 1 of 4

HEWJ Options Activity & IV Rank

HEWJ IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 26.8%
7-DTE IV: —
Expected Move: $3.17
7-DTE Move: $3.17
Days to Exp: 29 (2026-11-20)

Options Flow

Call Volume: 1
Put Volume: 0
P/C Volume: —
BULLISH
Call OI: 1
Put OI: 0
P/C OI: —
Total OI: 1

ATM Options Pricing

ATM Call: $1.80
ATM Put: $1.38
Call %: 2.8%
Put %: 2.2%

Chain Summary

Chain Volume: 2
Chain OI: 3
Last Updated: 10/22/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
No data
30 DTE / 10d —
— pts EXTREME
ATM 24.3% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)44.0MediumOct 22
Straddle Price (30 DTE)$3.17Oct 22
Beta Analysis

Risk Metrics

Beta: 1.0319
Alpha: 7.00%
Correlation: 0.6668
R-Squared: 44.5%
Stock Volatility: 19.7%
Market Volatility: 12.8%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Above average volatility - stock moves with market amplification
Beta & Alpha Over Time

HEWJ Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

91 filers6,692,853 shares$430.38M value
# Filer Shares Value % of Total % of Float Period
1 Bank of America Corp Custodian 1,890,942 $122.00M 28.35% — 2026-06-30
2 BlackRock, Inc. Custodian 881,345 $56.86M 13.21% — 2026-06-30
3 Deutsche Bank AG Custodian 730,487 $47.13M 10.95% — 2026-06-30
4 Modern Wealth Management, LLC 670,038 $43.23M 10.04% — 2026-06-30
5 JPMorgan Chase & Co Custodian 468,047 $30.03M 6.98% — 2026-06-30
6 Morgan Stanley Custodian 445,357 $28.73M 6.68% — 2026-06-30
7 PARTNERS CAPITAL INVESTMENT GROUP, LLP 295,885 $19.09M 4.44% — 2026-06-30
8 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 173,243 $11.17M 2.60% — 2026-06-30
9 UBS Group AG Custodian 139,055 $8.97M 2.08% — 2026-06-30
10 TRUIST FINANCIAL CORP Custodian 95,803 $6.18M 1.44% — 2026-06-30
11 Envestnet Asset Management, Inc. 91,578 $5.91M 1.37% — 2026-06-30
12 Clarius Group, LLC 80,255 $4.23M 0.98% — 2025-12-31
13 Williams Jones Wealth Management, LLC. 62,520 $4.03M 0.94% — 2026-06-30
14 LPL Financial LLC Custodian 43,039 $2.78M 0.65% — 2026-06-30
15 GTS SECURITIES LLC 38,022 $2.45M 0.57% — 2026-06-30
16 Wells Fargo & Company Custodian 36,278 $2.34M 0.54% — 2026-06-30
17 Jones Financial Companies LLLP Custodian 34,187 $2.18M 0.51% — 2026-06-30
18 Citadel Advisors LLC Custodian 31,212 $2.01M 0.47% — 2026-06-30
19 US BANCORP \DE\ Custodian 28,435 $1.83M 0.43% — 2026-06-30
20 NATIXIS 27,913 $1.80M 0.42% — 2026-06-30
21 NewEdge Advisors, LLC 20,774 $1.34M 0.31% — 2026-06-30
22 Lido Advisors, LLC 20,703 $1.34M 0.31% — 2026-06-30
23 OVERSEA-CHINESE BANKING Corp Ltd 20,530 $1.32M 0.31% — 2026-06-30
24 Jackson Hole Capital Partners, LLC 22,072 $1.24M 0.29% — 2026-03-31
25 Bank of New York Mellon Corp Custodian 18,421 $1.19M 0.28% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
22.22K
SI % of Float
0.22%
Days to Cover
1.00
Short Vol Ratio
31.5%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-21
HEWJ Constituent Performance

Click any bar to view the full quote for that stock.

HEWJ Constituents (1 of 1)
Symbol Name Weight % Price 1 Day 1 Week 1 Month
EWJ ISHARES MSCI JAPAN ETF 99.15% $94.43 -1.35%-1.05%-1.44%