HEEM
iShares Currency Hedged MSCI Emerging Markets ETFHEEM 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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HEEM Summary Data
HEEM Portfolio Data
HEEM Index Data
HEEM Portfolio Management
HEEM Tax Exposures
HEEM Fund Structure
HEEM Factset Analytics Block Liquidity
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
HEEM Sector/Industry Breakdown
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HEEM Countries
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HEEM Regions
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HEEM Economic Development
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HEEM Performance Statistics
HEEM MSCI ESG Ratings
HEEM Benchmark Comparison Summary
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HEEM Benchmark Comparison Market Cap Size
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