iShares Currency Hedged MSCI EAFE Small-Cap ETF
iShares Currency MSCI EAFE Small- ETF (AMEX: HSCZ) is an exchange-traded fund listed on NYSE Arca, trading at $43.43 (about ₹4,095 a unit) as of 13 Nov 2026, 3:50 PM ET. It has an expense ratio of 0.83% and holds 1 security. Indian residents can buy HSCZ through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$43.14
Today's high
$43.49
52 week low
$37.44
52 week high
$44.42
HSCZ opened at $43.49, closed previously at $43.37, and has traded between $37.44 and $44.42 over the past 52 weeks.
About
This exchange-traded fund aims to mirror the performance of a specific benchmark. This benchmark consists of equities issued by small companies in developed economies, with the notable exclusion of the United States and Canada. A key objective of the fund is to reduce the impact of exchange rate volatility between the local currencies of these constituent holdings and the U.S. dollar.
Key statistics
Expense ratio
0.83%
Assets (AUM)
$260.5M
Holdings
1
NAV
$43.41
Avg. volume
22.18K
1-year price change
+13.20%
5-year price change
+13.64%
Price change excludes dividends.
Top 10 holdings
HSCZ holds 1 security in total. These 10 are 3.0% of the fund.
Where the money is invested
Sectors
Countries
How to buy HSCZ from India
Indian residents can buy HSCZ units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in HSCZ from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search HSCZ and buy
Find the fund by its ticker, HSCZ, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your HSCZ position in USD and INR. HSCZ reinvests its income instead of paying it out, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying HSCZ from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the HSCZ price today?
iShares Currency MSCI EAFE Small- ETF (HSCZ) last traded at $43.43 on NYSE Arca, as of 13 Nov 2026, 3:50 PM ET. That is ₹4,095 a unit at the 13 Nov 2026 USD/INR rate.
When does HSCZ trade, in Indian time?
NYSE Arca trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is HSCZ, and what does it cost to hold?
iShares Currency MSCI EAFE Small- ETF manages about $260.5M. Its expense ratio is 0.83% a year, deducted inside the fund. It launched in 2015.
What are HSCZ's largest holdings?
The top three are JPY/USD (0.6%), JPY CASH (0.3%) and AUD/USD (0.3%). HSCZ's 10 largest positions make up 3.0% of the fund.
Does HSCZ pay dividends?
No. HSCZ is an accumulating fund: dividends from its holdings are reinvested inside the fund, so nothing is paid out to you.
How are gains on HSCZ taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of HSCZ?
Yes. You can buy HSCZ by amount rather than by whole unit, and there is no minimum trade size.
How has HSCZ performed?
HSCZ's price is up 13.2% over the past year and up 13.6% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.