ATLASiShares Currency Hedged MSCI Eurozone ETF (HEZU): outlook, holdings and fees
iShares Currency Hedged MSCI Eurozone ETF (HEZU) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.50% and the yield is 2.56%. The ten largest holdings are 30% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on HEZU
| Last price | $48.15 (+0.7%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $47.22 – $49.58 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 2.56% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
HEZU fund facts
| Issuer | iShares |
|---|---|
| Theme | Europe |
| Assets under management | $559M |
| Expense ratio | 0.50% |
| Number of holdings | 215 |
| Portfolio turnover | 14% |
| Inception | Jul 9, 2014 |
| Exchange | NYSE |
The fund generally will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents.
HEZU top holdings
| Holding | Sector | Weight |
|---|---|---|
| ASML Holding N.V. ASML | Technology | 9.03% |
| Siemens Aktiengesellschaft SIE | Industrials | 3.14% |
| SAP SE SAP | Technology | 2.90% |
| Banco Santander S.A. SAN | Financial Services | 2.63% |
| Allianz SE VNA O.N. ALV | Financial Services | 2.36% |
| TotalEnergies SE TTE | Energy | 2.40% |
| Schneider Electric S.E. SU | Industrials | 2.26% |
| Iberdrola S.A. IBE | Utilities | 1.95% |
| Banco Bilbao Vizcaya Argentaria SA BBVA | Financial Services | 1.98% |
| Siemens Energy AG ENR | Industrials | 1.75% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
HEZU sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 25.0% |
| Industrials | 19.0% |
| Technology | 18.5% |
| Consumer Cyclicals | 7.1% |
| Utilities | 6.2% |
| Healthcare | 5.6% |
| Consumer Defensive | 5.4% |
| Energy | 4.5% |
| Basic Materials | 4.3% |
| Communication Services | 3.6% |
| Real Estate | 0.7% |
By region: Europe Developed 95.9%, North America 3.2%, Asia Developed 0.5%, United Kingdom 0.4%.
HEZU returns and risk
| Year to date | +11.7% |
|---|---|
| 1 year | +16.5% |
| 3 years (annualised) | +19.5% |
| 5 years (annualised) | +12.3% |
| 10 years (annualised) | +12.4% |
| Volatility (3 years) | 10.6% |
| Sharpe ratio (3 years) | 1.35 |
Past returns do not guarantee future results.
HEZU: frequently asked questions
What does HEZU invest in?
iShares Currency Hedged MSCI Eurozone ETF invests in a portfolio of securities. Its largest holdings are ASML Holding N.V. (9.0%), Siemens Aktiengesellschaft (3.1%), SAP SE (2.9%), Banco Santander S.A. (2.6%), Allianz SE VNA O.N. (2.4%).
What is the HEZU expense ratio?
0.50% a year: about $50.00 for every $10,000 invested.
What is the HEZU dividend yield?
2.56%. ATLAS does not hold the exact distribution dates for ETFs.
Will HEZU go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $47.22 to $49.58 from $48.15 today. It is a probability, not a prediction.
How has HEZU performed?
Year to date +11.7%, one year +16.5%, three years +19.5% a year, five years +12.3% a year. Past returns do not guarantee future results.
Similar ETFs: Europe
Educational information, not investment advice. Disclaimer