HEEM

iShares Currency Hedged MSCI Emerging Markets ETF
*Unless otherwise stated, data provided by FactSet.

HEEM Fund Description

HEEM tracks an index of broad emerging market equities with currency exposure from the underlying stocks hedged out for US investors.

HEEM Factset Analytics Insight

HEEM offers currency-hedged exposure to a broad basket of emerging-market stocks. The fund piggybacks on iShares' hugely popular EEM—in fact, HEEM simply holds EEM and overlays that position with currency contracts to hedge out its currency exposure. Outside of the currency-hedge, HEEM's exposure is about as vanilla as they come, with sector and geographic weightings that match our benchmark's. It's worth noting that this fund defines Korea as an emerging market, so that country is heavily represented in this portfolio. HEEM's Tradability is weak, with middling daily volume and frequently large spreads. Underlying liquidity is excellent, however, since the underlying security, EEM, is massively liquid. HEEM charges a relatively high fee for its exposure, but it's almost entirely drive by the pass-through costs of EEM. Tracking is relatively tight on average, though the apparently wide swings shown in our tracking analysis are attributable to the fact that HEEM holds EEM rather than the underlying stocks of its index.

HEEM MSCI ESG Analytics Insight

iShares Currency Hedged MSCI Emerging Markets ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.51 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares Currency Hedged MSCI Emerging Markets ETF ranks in the 25th percentile within its peer group and in the 30th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

HEEM Charts And Performance

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PERFORMANCE [as of 09/23/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HEEM -2.18% 7.08% 1.75% 9.90% 3.61% 7.90% --
HEEM (NAV) -3.16% 5.15% 0.76% 8.72% 3.28% 7.98% --
MSCI Emerging Markets 100% Hedged to USD Index -1.73% 6.44% 2.64% 11.10% 4.07% 8.54% --
MSCI Emerging Markets Investable Market Index -0.99% 7.39% -1.70% 8.20% 1.29% 8.33% 2.57%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HEEM Summary Data

Blackrock
iShares
09/23/14
Open-Ended Fund
0.68%
$178.29M
$650.89K
0.19%

HEEM Portfolio Data

$161.15B
18.07
1.75
2.65%
12/14/20
3

HEEM Index Data

Market Cap
Market Cap
MSCI Emerging Markets Investable Market Index

HEEM Portfolio Management

0.68%
-0.54%
2.50%
-5.10%

HEEM Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

HEEM Fund Structure

Open-Ended Fund
Yes
Yes
80% / 20%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

HEEM Factset Analytics Block Liquidity

As of 09/24/20
5
4
3
2
1

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

HEEM Tradability

23,867
$650.89K
13,691
$374.26K
0.19%
$0.05
0.02%
1.49% / -1.32%
None
0.00%
50,000
0.27
0.04%
0.06%
0
$26.53
5

HEEM Sector/Industry Breakdown


HEEM
Segment Benchmark
37.92%
35.98%
20.82%
20.53%
7.00%
7.56%
6.88%
6.92%
6.80%
7.24%
5.87%
5.53%
4.76%
5.57%
4.24%
4.92%
3.48%
3.30%
2.24%
2.43%

HEEM Top 10 Holdings

45.96%
0.03%
100%

HEEM Countries


HEEM
Segment Benchmark
34.04%
31.56%
12.80%
13.85%
11.49%
12.13%
7.97%
8.30%
7.33%
6.84%
5.29%
5.52%
3.62%
3.59%
2.87%
2.67%
2.43%
2.50%
2.01%
2.15%

HEEM Regions


HEEM
Segment Benchmark
79.48%
78.94%
7.76%
8.12%
7.43%
7.57%
4.61%
4.64%
0.71%
0.73%

HEEM Economic Development


HEEM
Segment Benchmark
59.48%
58.82%
40.52%
41.18%

HEEM Performance Statistics

0.54
0.94
0.88
1.09
1.20%
MSCI Emerging Markets Investable Market Index

HEEM MSCI ESG Ratings

4.51 / 10
29.52
25.06
2.49%
4.28%
265.48

HEEM Benchmark Comparison Holdings

3
2875
1,132
89.15%

HEEM Benchmark Comparison Summary


HEEM
Segment Benchmark
3
2875
$161.15B
$145.23B
18.07
18.69
1.75
1.69
2.46%
2.49%
Low
Low

HEEM Benchmark Comparison Market Cap Size


HEEM
Segment Benchmark
70.29%
63.05%
26.74%
25.14%
2.97%
9.99%
0.00%
1.82%