What is HEEM?

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

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HEEM 8.55% 15.95% 9.18% -10.35% 0.55% 0.82% --
HEEM (NAV) 8.64% 16.37% 8.82% -10.30% 0.60% 0.84% --
MSCI Emerging Markets 100% Hedged to USD Index 7.60% 15.36% 7.18% -11.66% 0.87% 1.17% 3.62%
MSCI Emerging Markets Investable Market Index 8.62% 19.50% 7.90% -14.89% -0.23% -0.78% 2.16%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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 Summary Data

Blackrock
09/23/14
0.69%
$140.61M
MSCI Emerging Markets 100% Hedged to USD Index
MSCI Emerging Markets Investable Market Index
Open-Ended Fund

Peers

MSCI Emerging Markets Investable Market Index

Fund Flows

$0.00B 5 Days
-$0.01B 30 Days
-$0.02B 90 Days

HEEM Portfolio Data

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--
--
6.85%
07/03/23
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HEEM Index Data

MSCI Emerging Markets 100% Hedged to USD Index
Market Cap
Market Cap
MSCI Emerging Markets Investable Market Index

HEEM Portfolio Management

0.69%
-0.09%
2.35%
-3.06%

HEEM Tax Exposures

20.00% / 39.60%
1.26%
Qualified dividends
No

HEEM Fund Structure

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

Factset Analytics Block Liquidity

As of 01/23/23

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

48,427
$1.17M
26,836
$660.72K
0.23%
$0.06
0.06%
1.55% / -0.46%
None
100.00%
50,000
0.54
0.03%
--
0
$25.07
N/A

HEEM Sector/Industry Breakdown

HEEM Segment
Benchmark
99.96% --
0.04% --

HEEM Top 10 Holdings

0.04%
100.00%

HEEM Performance Statistics

0.34
0.59
0.77
0.52
1.20%
MSCI Emerging Markets Investable Market Index

HEEM Benchmark Comparison Holdings

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HEEM Benchmark Comparison Summary

HEEM Segment
Benchmark
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Low --

HEEM Benchmark Comparison Market Cap Size

HEEM Segment
Benchmark
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