iShares Currency Hedged MSCI EAFE ETF (HEFA)
HEFA is a passive ETF by iShares tracking the investment results of the MSCI EAFE 100% Hedged to USD Index. HEFA launched on Jan 31, 2014 and has a 0.35% expense ratio.
ETF Info
US46434V8037
46434V803
Jan 31, 2014
Developed Markets (EAFE)
1x
MSCI EAFE 100% Hedged to USD Index
Large-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Currency Hedged MSCI EAFE ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares Currency Hedged MSCI EAFE ETF had a return of 12.34% year-to-date (YTD) and 16.99% in the last 12 months. Over the past 10 years, iShares Currency Hedged MSCI EAFE ETF had an annualized return of 8.59%, while the S&P 500 had an annualized return of 11.11%, indicating that iShares Currency Hedged MSCI EAFE ETF did not perform as well as the benchmark.
HEFA
12.34%
-2.05%
-1.28%
16.99%
9.81%
8.59%
^GSPC (Benchmark)
23.08%
0.10%
10.70%
30.05%
13.52%
11.11%
Monthly Returns
The table below presents the monthly returns of HEFA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.19% | 3.94% | 4.21% | -1.23% | 3.72% | -0.49% | 0.51% | 1.08% | -0.25% | -1.86% | 12.34% | ||
| 2023 | 7.67% | 0.24% | 1.13% | 2.65% | -1.42% | 3.96% | 1.69% | -1.91% | -0.89% | -2.29% | 5.41% | 2.93% | 20.33% |
| 2022 | -2.66% | -3.43% | 2.20% | -1.74% | 1.20% | -5.72% | 5.47% | -3.05% | -5.83% | 6.12% | 7.47% | -3.81% | -4.86% |
| 2021 | 0.07% | 2.79% | 5.20% | 1.24% | 2.46% | 1.29% | 0.29% | 2.04% | -1.63% | 3.05% | -2.88% | 4.40% | 19.59% |
| 2020 | -1.85% | -6.91% | -13.16% | 5.62% | 5.08% | 2.70% | -1.83% | 3.59% | -0.51% | -3.49% | 12.34% | 2.93% | 2.11% |
| 2019 | 6.20% | 3.54% | 1.73% | 3.50% | -4.74% | 4.76% | 0.71% | -2.01% | 3.85% | 1.64% | 2.33% | 1.31% | 24.78% |
| 2018 | 1.47% | -3.72% | -0.97% | 3.76% | -0.10% | -0.55% | 3.16% | -1.44% | 1.46% | -6.35% | 0.54% | -6.39% | -9.31% |
| 2017 | 0.46% | 2.17% | 2.65% | 1.31% | 2.37% | -0.42% | 0.48% | -0.00% | 2.95% | 3.18% | -0.50% | 0.96% | 16.65% |
| 2016 | -4.21% | -4.97% | 3.24% | 0.38% | 2.92% | -2.76% | 3.41% | 1.44% | 0.73% | 0.85% | 1.62% | 4.07% | 6.39% |
| 2015 | 2.70% | 6.65% | 1.12% | 0.54% | 2.28% | -4.74% | 3.63% | -8.19% | -3.80% | 6.92% | 1.83% | -3.49% | 4.34% |
| 2014 | 1.63% | -0.84% | 0.93% | 2.73% | 0.27% | -1.23% | 1.97% | -0.62% | 0.80% | 2.61% | -2.09% | 6.19% |
Expense Ratio
HEFA features an expense ratio of 0.35%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HEFA is 53, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Currency Hedged MSCI EAFE ETF (HEFA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Currency Hedged MSCI EAFE ETF provided a 2.87% dividend yield over the last twelve months, with an annual payout of $1.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.00 | $0.95 | $6.79 | $1.08 | $0.64 | $1.64 | $1.18 | $0.76 | $0.83 | $0.90 | $0.85 |
Dividend yield | 2.87% | 3.01% | 25.14% | 3.06% | 2.10% | 5.37% | 4.58% | 2.55% | 3.17% | 3.54% | 3.39% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Currency Hedged MSCI EAFE ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.95 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $0.00 | $0.00 | $6.00 | $6.79 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $1.08 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.64 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.00 | $0.00 | $0.00 | $0.00 | $1.02 | $1.64 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $1.18 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.76 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.83 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.90 |
| 2014 | $0.61 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.85 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Currency Hedged MSCI EAFE ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Currency Hedged MSCI EAFE ETF was 32.39%, occurring on Mar 16, 2020. Recovery took 200 trading sessions.
The current iShares Currency Hedged MSCI EAFE ETF drawdown is 2.96%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.39% | Feb 13, 2020 | 22 | Mar 16, 2020 | 200 | Dec 29, 2020 | 222 |
| -23.15% | May 28, 2015 | 180 | Feb 11, 2016 | 264 | Mar 1, 2017 | 444 |
| -15.45% | Jan 24, 2018 | 232 | Dec 24, 2018 | 75 | Apr 12, 2019 | 307 |
| -14.79% | Jan 5, 2022 | 186 | Sep 30, 2022 | 77 | Jan 23, 2023 | 263 |
| -9.79% | Jul 15, 2024 | 16 | Aug 5, 2024 | 49 | Oct 14, 2024 | 65 |
Volatility
Volatility Chart
The current iShares Currency Hedged MSCI EAFE ETF volatility is 2.96%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.