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You Bought HSBC for the Bank. Not the British Pound. Here’s the ETF That Keeps It That Way.
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The Shell plc ADRhedged (the "Series") seeks to provide investment results that correspond generally, before fees and expenses, to the total return of the ordinary shares of Shell plc in its local market. The Series, under normal circumstances, invests at least 95% of its net assets in American Depositary Receipts ("ADRs") of the Shell plc (the "Company"). The Series will not invest directly in the Company. ADRs are receipts, issued by an American bank or trust issuer, which evidence ownership of underlying securities issued by a non-U.S. issuer. Generally, ADRs, issued in registered form, are designed for use in the U.S. securities markets. The Series invests in the ADRs of the Company (the "Portfolio Securities") and a currency swap (the "Currency Hedge Contract") designed to hedge against fluctuations in the exchange rate between the U.S. dollar and the euro ("Local Currency"). The Currency Hedge Contract is with a counterparty acting as principal. The notional value of the Currency Hedge Contract is adjusted daily based on the current value of the Portfolio Securities.
Shell PLC Adrhedged trades on the BATS stock market under the symbol SHEH.
As of June 30, 2026, SHEH stock price climbed to $56.89 with 181 million shares trading.
SHEH has a market cap of $1.14 million. This is considered a Sub-Micro Cap stock.
SHEH has underperformed the market in the last year with a price return of +16.1% while the SPY ETF gained +22.8%. SHEH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -14.9% and -4.2%, respectively, while the SPY returned +18.2% and -0.7%, respectively.
SHEH support price is $55.64 and resistance is $57.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SHEH shares will trade within this expected range on the day.
