Performance analysis of HEWC (iShares Currency Hedged MSCI Canada ETF)
Annual Return
Over the past 3 years, HEWC has had an average annual return of -3.34%, underperforming the benchmark SPY, which returned -1.98% annual.
Over the past 5 years, HEWC has had an average annual return of +1.03%, outperforming the benchmark SPY, which returned +0.91% annual.
Over the past 10 years, HEWC has had an average annual return of +7.63%, underperforming the benchmark SPY, which returned +11.54% annual.
Since Jul 1, 2015, HEWC has had an average annual return of +6.49%, underperforming the benchmark SPY, which returned +10.64% annual.
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.28% | -5.89% | +26.41% | +6.12% | +22.94% | -8.93% | +7.65% | +20.73% | -9.20% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +7.52% | -2.34% | -0.49% | +3.22% | -5.22% | +3.99% | +2.50% | -1.34% | -3.09% | -2.78% | +1.28% | ||
| 2022 | -0.15% | -0.09% | +3.90% | -5.23% | +0.56% | -8.47% | +3.94% | -1.93% | -3.79% | +5.84% | +5.31% | -4.78% | -5.89% |
| 2021 | -0.31% | +4.61% | +4.58% | +2.24% | +4.54% | +1.63% | +0.78% | +1.34% | -2.45% | +5.52% | -1.45% | +2.98% | +26.41% |
| 2020 | +1.69% | -6.26% | -15.95% | +10.65% | +2.71% | +2.57% | +3.87% | +2.84% | -2.53% | -3.56% | +11.75% | +1.29% | +6.12% |
| 2019 | +9.03% | +3.25% | +0.79% | +3.85% | -3.55% | +2.51% | +0.14% | +0.07% | +2.30% | -1.23% | +3.79% | +0.43% | +22.94% |
| 2018 | -0.69% | -2.52% | -1.29% | +2.36% | +2.42% | +1.70% | +1.67% | -1.10% | -0.74% | -6.40% | +1.36% | -5.60% | -8.93% |
| 2017 | +0.28% | +0.24% | +1.03% | +0.13% | -1.93% | -0.32% | +0.39% | -0.28% | +4.17% | +3.04% | -0.34% | +1.13% | +7.65% |
Drawdown analysis of HEWC (iShares Currency Hedged MSCI Canada ETF)
The maximum drawdown for the HEWC was -34.94%, occurring on Mar 23, 2020. Recovery took 173 trading sessions.
The current HEWC drawdown is -8.81%.
Since Jul 1, 2015 HEWC has experienced the following drawdowns:
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 4 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.94% | Feb 20, 2020 | 22 | Mar 23, 2020 | 173 | Nov 25, 2020 | 195 |
| -17.80% | Aug 5, 2015 | 131 | Feb 11, 2016 | 107 | Jul 15, 2016 | 238 |
| -16.24% | Mar 22, 2022 | 141 | Oct 12, 2022 | Ongoing | Ongoing | Ongoing |
| -15.87% | Jul 12, 2018 | 114 | Dec 24, 2018 | 56 | Mar 18, 2019 | 170 |
| -9.08% | Jan 22, 2018 | 14 | Feb 9, 2018 | 90 | Jun 20, 2018 | 104 |
| -5.47% | Nov 12, 2021 | 12 | Dec 1, 2021 | 48 | Feb 9, 2022 | 60 |
| -5.04% | Feb 21, 2017 | 95 | Jul 7, 2017 | 59 | Sep 29, 2017 | 154 |
| -4.38% | Apr 23, 2019 | 80 | Aug 15, 2019 | 19 | Sep 12, 2019 | 99 |
| -4.37% | Feb 9, 2022 | 9 | Feb 23, 2022 | 16 | Mar 17, 2022 | 25 |
| -3.85% | Jan 7, 2021 | 15 | Jan 29, 2021 | 5 | Feb 5, 2021 | 20 |
| -3.70% | Sep 20, 2019 | 12 | Oct 8, 2019 | 22 | Nov 7, 2019 | 34 |
| -3.45% | Sep 3, 2021 | 18 | Sep 30, 2021 | 10 | Oct 14, 2021 | 28 |
| -3.19% | Jul 1, 2021 | 11 | Jul 19, 2021 | 13 | Aug 5, 2021 | 24 |
| -3.16% | Jul 17, 2015 | 6 | Jul 27, 2015 | 7 | Aug 5, 2015 | 13 |
| -2.69% | Aug 15, 2016 | 25 | Sep 20, 2016 | 30 | Nov 1, 2016 | 55 |
| -2.62% | Feb 24, 2021 | 2 | Feb 26, 2021 | 6 | Mar 8, 2021 | 8 |
| -1.89% | Nov 1, 2016 | 3 | Nov 4, 2016 | 9 | Nov 17, 2016 | 12 |
| -1.88% | Jan 25, 2017 | 5 | Feb 1, 2017 | 8 | Feb 13, 2017 | 13 |
| -1.81% | Jan 23, 2020 | 6 | Jan 31, 2020 | 3 | Feb 5, 2020 | 9 |
| -1.78% | Mar 17, 2021 | 5 | Mar 24, 2021 | 6 | Apr 1, 2021 | 11 |
| -1.72% | Jun 22, 2018 | 3 | Jun 27, 2018 | 10 | Jul 12, 2018 | 13 |
| -1.70% | Apr 16, 2021 | 2 | Apr 20, 2021 | 6 | Apr 28, 2021 | 8 |
| -1.69% | Aug 11, 2021 | 6 | Aug 19, 2021 | 4 | Aug 25, 2021 | 10 |
| -1.68% | May 7, 2021 | 3 | May 12, 2021 | 3 | May 17, 2021 | 6 |
| -1.61% | Oct 25, 2021 | 2 | Oct 27, 2021 | 6 | Nov 4, 2021 | 8 |