iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) belongs to the Emerging Markets Diversified category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HEEM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HEEM
HEEM charges 0.72% annually. There are 25 ETFs in the Emerging Markets Diversified category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Core MSCI Emerging Markets ETF | 0.09% | 156.92B | Oct 2012 | HEEM vs IEMG | |
| JPMorgan Betabuilders Emerging Markets Equity ETF | 0.15% | 800.86M | May 2023 | HEEM vs BBEM | |
| SPDR S&P Emerging Markets ex-China ETF | 0.15% | 9.84M | Sep 2024 | HEEM vs XCNY | |
| Franklin Emerging Market Core Dividend Tilt Index ... | 0.19% | 71.44M | Jun 2016 | HEEM vs DIEM | |
| Strive Emerging Markets Ex-China ETF | 0.32% | 151.08M | Jan 2023 | HEEM vs STXE |
Best Risk-Adjusted Alternatives to HEEM
HEEM has a PortfoliosLab risk / return rank of 82. There are 5 ETFs in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Focused Emerging Markets Equity ETF | 92 | 658.42M | Sep 2024 | HEEM vs EMEQ | |
| First Trust Bloomberg Emerging Market Democracies ... | 89 | 39.52M | Mar 2023 | HEEM vs EMDM | |
| Freedom 100 Emerging Markets ETF | 86 | 2.93B | May 2019 | HEEM vs FRDM | |
| First Trust Emerging Markets Human Flourishing ETF | 83 | 127.61M | Oct 2023 | HEEM vs FTHF | |
| Strive Emerging Markets Ex-China ETF | 82 | 151.08M | Jan 2023 | HEEM vs STXE |
Top Performing HEEM Alternatives (YTD)
HEEM is at 20.28% YTD. There are 21 ETFs in the Emerging Markets Diversified category with higher YTD returns, going as high as 58.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Focused Emerging Markets Equity ETF | 58.76% | 658.42M | Sep 2024 | HEEM vs EMEQ | |
| First Trust Emerging Markets Human Flourishing ETF | 37.22% | 127.61M | Oct 2023 | HEEM vs FTHF | |
| Matthews Emerging Markets Sustainable Future Activ... | 36.62% | 46.22M | Sep 2023 | HEEM vs EMSF | |
| Strive Emerging Markets Ex-China ETF | 34.42% | 151.08M | Jan 2023 | HEEM vs STXE | |
| Putnam Emerging Markets Ex-China ETF | 30.56% | 32.15M | May 2023 | HEEM vs PEMX |
Lowest Volatility Alternatives to HEEM
HEEM has 21.64% 1-year volatility. There are 11 ETFs in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 14.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Emerging Markets ex-China Fund | 14.84% | 79.89M | Sep 2022 | HEEM vs XC | |
| VictoryShares Emerging Markets Value Momentum ETF | 15.83% | 243.04M | Oct 2017 | HEEM vs UEVM | |
| WisdomTree Emerging Markets SmallCap Dividend Fund | 17.12% | 1.78B | Oct 2007 | HEEM vs DGS | |
| SPDR S&P Emerging Markets ex-China ETF | 18.48% | 9.84M | Sep 2024 | HEEM vs XCNY | |
| Avantis Emerging Markets Small Cap Equity ETF | 18.61% | 117.70M | Nov 2023 | HEEM vs AVEE |
Lowest Drawdown Alternatives to HEEM
HEEM has a 1-year max drawdown of -10.83%. There are 3 ETFs in the Emerging Markets Diversified category with shallower 1-year drawdowns, going as shallow as -9.79%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares Emerging Markets Value Momentum ETF | -9.79% | 243.04M | Oct 2017 | HEEM vs UEVM | |
| WisdomTree Emerging Markets SmallCap Dividend Fund | -10.06% | 1.78B | Oct 2007 | HEEM vs DGS | |
| Avantis Emerging Markets Small Cap Equity ETF | -10.65% | 117.70M | Nov 2023 | HEEM vs AVEE | |
| iShares MSCI Emerging Markets Small-Cap ETF | -10.87% | 375.84M | Aug 2011 | HEEM vs EEMS | |
| Dimensional Emerging Markets Value ETF | -11.35% | 2.00B | Apr 2022 | HEEM vs DFEV |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $894B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.92% | 97.69B | May 2020 | HEEM vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 1 | -29.06% | 46.82B | Jan 2024 | HEEM vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 93 | 84.03% | 47.60B | Jul 2001 | HEEM vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 66 | 10.46% | 894.38B | May 2000 | HEEM vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 13 | -1.48% | 42.18B | Jul 2002 | HEEM vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 86 | 12.23% | 42.05B | Jun 2014 | HEEM vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 27 | -19.03% | 28.37B | Apr 2006 | HEEM vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 22 | -7.29% | 60.94B | Jan 2005 | HEEM vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 69 | 19.72% | 83.34B | May 2000 | HEEM vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 63 | 10.93% | 33.36B | Mar 2008 | HEEM vs ACWI |
Often Compared With HEEM
Investors most often compare HEEM with HEWJ, IEMS.L, VWO. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare HEEM with Any Fund or Stock
Compare HEEM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HEEM with funds that move differently
iShares Currency Hedged MSCI Emerging Markets ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HEEM.
Explore HEEM Diversifiers