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iShares Adaptive Currency Hedged MSCI EAFE ETF (DEFA)

ETF · Currency in USD · Last updated Oct 1, 2022

DEFA is a passive ETF by iShares tracking the investment results of the MSCI EAFE Adaptive Hedge to USD Index. DEFA launched on Jan 5, 2016 and has a 0.35% expense ratio.

ETF Info

ISINUS46435G6567
CUSIP46435G656
IssueriShares
Inception DateJan 5, 2016
RegionDeveloped Markets (EAFE)
CategoryForeign Large Cap Equities
Expense Ratio0.35%
Index TrackedMSCI EAFE Adaptive Hedge to USD Index
ETF Home Pagewww.ishares.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

DEFAShare Price Chart


Chart placeholderClick Calculate to get results

DEFAPerformance

The chart shows the growth of $10,000 invested in iShares Adaptive Currency Hedged MSCI EAFE ETF in Jan 2016 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $16,993 for a total return of roughly 69.93%. All prices are adjusted for splits and dividends.


DEFA (iShares Adaptive Currency Hedged MSCI EAFE ETF)
Benchmark (^GSPC)

DEFAReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M1.66%3.04%
6M8.88%18.83%
YTD10.99%20.57%
1Y23.26%29.10%
5Y10.17%16.56%
10Y10.25%17.06%

DEFAMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2021-0.48%2.43%3.02%1.84%3.51%-1.98%0.61%1.66%
2020-2.47%-8.04%-13.46%6.14%5.29%3.23%0.58%4.95%-2.05%-3.89%14.25%3.78%
20196.42%3.00%1.25%3.31%-4.95%5.41%-1.47%-1.66%3.33%2.39%1.75%2.48%
20184.78%-4.79%-4.04%0.00%4.78%0.15%1.09%-0.73%0.17%-8.61%2.85%-6.23%
20171.81%1.48%3.15%2.18%1.34%0.00%3.23%-0.87%3.18%2.90%0.03%1.21%
2016-1.55%0.13%4.20%2.58%-1.17%-6.46%7.05%1.66%1.53%-1.26%-0.83%3.78%

DEFASharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current iShares Adaptive Currency Hedged MSCI EAFE ETF Sharpe ratio is 1.68. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


DEFA (iShares Adaptive Currency Hedged MSCI EAFE ETF)
Benchmark (^GSPC)

DEFADividend History

iShares Adaptive Currency Hedged MSCI EAFE ETF granted a 2.19% dividend yield in the last twelve months. The annual payout for that period amounted to $0.73 per share.


PeriodTTM20202019201820172016
Dividend$0.73$0.64$0.93$1.39$0.74$0.73

Dividend yield

2.19%2.13%3.25%5.97%2.82%3.41%

DEFADrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


DEFA (iShares Adaptive Currency Hedged MSCI EAFE ETF)
Benchmark (^GSPC)

DEFAWorst Drawdowns

The table below shows the maximum drawdowns of the iShares Adaptive Currency Hedged MSCI EAFE ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the iShares Adaptive Currency Hedged MSCI EAFE ETF is 31.85%, recorded on Mar 18, 2020. It took 170 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-31.85%Jan 21, 202041Mar 18, 2020170Nov 24, 2020211
-17.36%Feb 5, 2018220Dec 24, 2018210Oct 28, 2019430
-10.35%Apr 25, 201645Jun 27, 201631Aug 10, 201676
-7%Jan 15, 20165Feb 10, 20168Mar 11, 201613
-6.07%Jun 16, 202123Jul 19, 2021
-4.07%Jan 11, 202114Jan 29, 20217Feb 9, 202121
-3.39%Feb 17, 20218Feb 26, 202113Mar 17, 202121
-3.16%May 10, 20213May 12, 20218May 24, 202111
-2.79%Oct 14, 201615Nov 3, 201627Dec 13, 201642
-2.37%Aug 8, 201716Aug 29, 20179Sep 12, 201725

DEFAVolatility Chart

Current iShares Adaptive Currency Hedged MSCI EAFE ETF volatility is 1.62%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


DEFA (iShares Adaptive Currency Hedged MSCI EAFE ETF)
Benchmark (^GSPC)