Toyota Motor Corporation ADRhedged (TMH)

Toyota Motor Corporation ADRhedged is an exchange-traded fund that holds American depositary receipts of Toyota Motor Corporation, the Japanese automaker, while hedging the fund's exposure to the Japanese yen.

The fund uses currency forward contracts to offset fluctuations between the yen and the U.S. dollar, so that its returns more closely reflect the performance of Toyota's shares in local terms rather than combined stock and currency movements. It is part of the ADRhedged series of single-company, currency-hedged ETFs. Toyota is headquartered in Toyota City, Japan.