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 USD 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 the same stocks as EEM and overlays that position with currency contracts to hedge out its currency exposure to the US dollar. The index is 100% hedged to US dollars by selling each foreign currency forward at the one-month forward weight, while the amount is kept constant during the period. Outside of the currency-hedge, HEEM's exposure is vanilla. It's worth noting that this fund defines Korea as an emerging market, so that country is represented in this portfolio. The index is rebalanced monthly on the last trading day, to take into account the effect of the rolling one-month forward contracts.

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 4.95 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 27th percentile within its peer group and in the 29th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 09/24/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HEEM 1.73% -4.99% 1.07% 18.30% 8.93% 9.11% --
HEEM (NAV) -1.21% -6.73% -0.19% 17.57% 8.72% 8.87% --
MSCI Emerging Markets 100% Hedged to USD Index -0.28% -5.93% 0.44% 18.85% 9.51% 9.46% --
MSCI Emerging Markets Investable Market Index 0.25% -5.89% 1.70% 24.86% 9.62% 9.17% 6.52%
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
0.70%
$193.37M
$930.39K
0.19%

HEEM Portfolio Data

$147.25B
17.40
1.99
1.48%
12/02/21
1,165

HEEM Index Data

Market Cap
Market Cap
MSCI Emerging Markets Investable Market Index

HEEM Portfolio Management

0.70%
-0.84%
8.24%
-4.65%

HEEM Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

HEEM Fund Structure

Open-Ended Fund
Yes
Yes
-- / --
N/A
N/A
Low
Daily

HEEM Factset Analytics Block Liquidity

As of 09/27/21
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 N/A out of 5.

HEEM Tradability

30,016
$930.39K
14,525
$444.56K
0.19%
$0.06
0.05%
0.46% / -0.32%
None
100.00%
50,000
0.29
0.03%
--
0
$30.57
N/A

HEEM Sector/Industry Breakdown


HEEM
Segment Benchmark
35.09%
32.87%
20.48%
19.97%
8.98%
9.32%
8.39%
8.81%
5.63%
5.28%
5.56%
5.68%
5.15%
6.36%
4.10%
4.61%
2.56%
2.44%
2.09%
2.25%

HEEM Top 10 Holdings

1.00%
-0.95%
100.00%

HEEM Countries


HEEM
Segment Benchmark
28.83%
26.03%
14.61%
15.53%
13.32%
13.86%
10.71%
11.72%
5.65%
5.15%
5.18%
5.56%
3.74%
3.72%
3.11%
3.01%
2.91%
2.65%
1.89%
1.88%

HEEM Regions


HEEM
Segment Benchmark
77.77%
77.46%
9.09%
9.04%
7.68%
8.12%
4.60%
4.60%
0.86%
0.78%

HEEM Economic Development


HEEM
Segment Benchmark
58.27%
56.92%
41.73%
43.08%

HEEM Performance Statistics

0.59
0.84
0.86
0.82
0.65%
MSCI Emerging Markets Investable Market Index

HEEM MSCI ESG Ratings

4.95 / 10
28.79
26.82
2.62%
5.09%
283.37

HEEM Benchmark Comparison Holdings

1,165
3160
1,158
86.72%

HEEM Benchmark Comparison Summary


HEEM
Segment Benchmark
1,165
3160
$147.25B
$128.86B
17.40
18.76
1.99
1.95
1.97%
1.97%
Low
Low

HEEM Benchmark Comparison Market Cap Size


HEEM
Segment Benchmark
75.21%
65.56%
23.67%
23.48%
1.11%
9.94%
0.01%
1.02%