Key Highlights

  • The fund tracks the MSCI World ex Australia Custom ESG Leaders Index, 100% hedged to Australian dollars.
  • It holds 1,100 companies, with the top ten at 38.44% and turnover at 20.60%.
  • The management fee is 0.15% and the fund size is $1.12 billion.
  • The July 2026 distribution of $3.353 is the highest of the five half-yearly amounts reported.

iShares Core MSCI World ex Australia ESG (AUD Hedged) ETF (ASX:IHWL) seeks to achieve its objective by tracking the performance of the MSCI World ex Australia Custom ESG Leaders Index 100% hedged to Australian dollars. The fund was admitted to the ASX on 28 April 2016 and last traded at $66.45 on 13 October 2026. It reports a fund size of $1.12 billion.

Detail

Information

Ticker

ASX:IHWL

Fund

iShares Core MSCI World ex Australia ESG (AUD Hedged) ETF

Category

Equity World - Currency Hedged

Benchmark

MSCI World ex Aus ESG Ldr Hdg NR AUD

Fund size

$1.12 billion

Management fee

0.15%

Total holdings

1,100

ASX admission date

28 April 2016

Holdings and hedging

The ten largest positions represent 38.44% of the fund. NVIDIA leads at 11.74%, followed by Microsoft (8.09%), Alphabet Class A (4.51%), Alphabet Class C (3.56%) and Tesla (2.27%). Advanced Micro Devices (2.23%), Eli Lilly (2.07%), ASML Holding (1.57%), Visa (1.33%) and AbbVie (1.03%) complete the list.

Hedging shows in the allocation, with cash at -0.13% and stocks at 100.06%.

Sector and country exposure

Technology holds 34.65% against 30.81% for the category and Communication Services 10.39% against 7.71%. Financial Services is 15.36%, Industrials 10.27%, Healthcare 9.43% and Consumer Cyclical 7.63%. Utilities is 1.44%, below the 2.30% category weighting.

The United States accounts for 74.44%, Japan 6.35%, Canada 3.24%, the United Kingdom 2.95% and France 2.40%.

Fee, risk and distributions

The management fee is 0.15% a year, the same as the unhedged iShares Core MSCI World ex Australia ESG ETF (ASX:IWLD). The fund reports a beta of 1.12 and a standard deviation of 13.52. The final distribution of $3.353 per unit had an ex-date of 1 July 2026, a record date of 2 July and payment on 13 July, equal to an annual yield of 5.43%.

The amount compares with $0.266 in January 2026, $0.333 in July 2025, $0.274 in January 2025 and $0.347 in July 2024.

Category classification and liquidity

Morningstar places the fund in the Equity World - Currency Hedged category, which covers funds investing primarily in companies listed on global equity markets, with the funds predominantly hedged against foreign exchange risk as a neutral position and, in some cases, a bias towards a particular style or size.

Liquidity indicators add a further view. There are 16,785,564 units on issue, and average daily trading volume is 22,823 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 10,100 to 26,800 units, with 26,858 recorded on 13 October while the market was still open. The bid-offer range stood at $65.20 to $66.90, and the day range at $66.32 to $66.71. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged monthly applications, redemptions and units-on-issue details on 7 October, the Annual Financial Report for the year to 30 June 2026 on 25 September, and a Product Disclosure Statement on 24 September.

Closing Perspective

IHWL combines an ESG screen with a currency hedge across 1,100 developed-market holdings at a 0.15% fee. Its turnover of 20.60% is well above that of the unhedged version, and its July distribution was far above the other periods listed. These points outline the fund and are not forecasts.