HEFV

iShares Edge MSCI Min Vol EAFE Currency Hedged ETF
N/A

N/A
*Unless otherwise stated, data provided by FactSet.

HEFV Fund Description

The iShares Edge MSCI Min Vol EAFE Currency Hedged ETF tracks an index of developed-market equities ex-US and Canada, selected and weighted to minimize volatility, and hedged against currency fluctuations for USD investors.

HEFV Factset Analytics Insight

This fund is closing. The last day of trading will be August 15, 2018. HEFV modifies the popular EAFE index of developed international equity by applying two popular investing strategies: low volatility and currency hedging. Unlike many low-vol funds, HEFV considers correlations between its stock holdings to minimize the volatility of the portfolio as a whole (subject to constraints on things like country and sector exposure). This is the same approach taken by sister fund EFAV, which has successfully delivered a portfolio with similar country and sector exposure as our neutral benchmark, but lower beta. Note that South Korea is excluded from both funds and our benchmark, as MSCI considers it an emerging market. Canada and small-caps are out-of bounds too.Under the hood, HEFV actually holds EFAV for its equity position, using forwards to hedge out currency exposure. This should aid HEFV's liquidity since EFAV is fairly liquid, but the fund-of-funds structure will distort tracking data since EFAV trades when stocks in the index don't. HEFV launched in November 2015 with a competitive fee.

HEFV CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/11/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HEFV 1.43% 6.24% 3.80% 9.15% -- -- --
HEFV (NAV) -0.32% 3.72% 2.31% 7.77% -- -- --
MSCI World ex USA Investable Market Index -1.25% -1.41% -1.38% 9.23% 5.93% 6.46% 3.60%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HEFV Top 10 Countries

HEFV Top 10 Sectors

HEFV Top 10 Holdings

HEFV Summary Data

BlackRock
iShares
10/29/15
Open-Ended Fund
0.23%
$11.08M
$158.09K
0.73%

HEFV Portfolio Data

$38.45B
17.76
2.04
2.53%
12/04/18
3

HEFV Index Data

Multi-Factor
Multi-Factor
MSCI World ex USA Investable Market Index

HEFV Portfolio Management

0.23%
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--
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HEFV Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

HEFV Fund Structure

Open-Ended Fund
Yes
Yes
80% / 20%
N/A
N/A
High
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

HEFV Factset Analytics Block Liquidity

As of 07/12/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HEFV. HEFV is rated a 1 out of 5.

HEFV Tradability

3,958
$158.09K
52
$3.94K
0.73%
$0.20
-0.06%
3.01% / -2.23%
None
100.00%
50,000
0.00
0.01%
4.72%
--
$27.53
1

HEFV Sector/Industry Breakdown


HEFV
Segment Benchmark
20.22%
24.07%
16.35%
15.15%
16.32%
9.55%
15.75%
8.85%
8.39%
3.37%
6.64%
12.77%
6.51%
2.83%
3.53%
6.03%
2.96%
8.19%
0.76%
7.20%

HEFV TOP 10 HOLDINGS

99.94%
0.06%
-0.00%
100%

HEFV Countries


HEFV
Segment Benchmark
29.87%
23.07%
12.58%
16.88%
12.31%
6.59%
8.10%
3.03%
6.18%
8.82%
5.78%
6.17%
5.55%
1.56%
5.00%
8.29%
4.75%
1.46%
2.64%
1.02%

HEFV Regions


HEFV
Segment Benchmark
49.60%
56.19%
49.06%
34.01%
1.11%
0.49%
0.23%
9.30%

HEFV Economic Development


HEFV
Segment Benchmark
100.00%
100.00%

HEFV Performance Statistics

0.17
0.40
0.38
0.39
0.52%
MSCI World ex USA Investable Market Index

HEFV BENCHMARK COMPARISON HOLDINGS

3
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--
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HEFV BENCHMARK COMPARISON SUMMARY


HEFV
Segment Benchmark
3
--
$38.45B
--
17.76
--
2.04
--
3.17%
--
--
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HEFV BENCHMARK COMPARISON MARKET CAP SIZE


HEFV
Segment Benchmark
--
--
--
--
--
--
--
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