HEFAiShares Currency Hedged MSCI EAFE ETF
HEFA Fund Description
HEFA tracks a market-cap-weighted, USD-hedged index of large- and midcap stocks from developed countries outside the US and Canada.
HEFA Factset Analytics Insight
HEFA offers a plain vanilla exposure to international stocks with a 100% currency hedge to the US dollar. The fund neutralizes the currency exposure of its underlying securities by shorting currency forward contracts. This allows shareholders a “purer” equity exposure to Europe, the Far East and Australia. The fund also holds iShares’ EFA for its equity exposure—in essence, HEFA is a currency-hedged version of EFA. Aside from utilizing 1-month forward contracts, the fund may also use non-deliverable forward (NDF) contracts to execute its hedging transactions.
HEFA MSCI ESG Analytics Insight
iShares Currency Hedged MSCI EAFE ETF has an MSCI ESG Fund Rating of AA based on a score of 7.74 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 EAFE ETF ranks in the 88th percentile within its peer group and in the 65th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HEFA Summary Data
HEFA Portfolio Data
HEFA Index Data
HEFA Portfolio Management
HEFA Tax Exposures
HEFA Fund Structure
HEFA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HEFA. HEFA is rated a 5 out of 5.
HEFA Top 10 Holdings
HEFA Economic Development
HEFA Performance Statistics
HEFA MSCI ESG Ratings
HEFA Benchmark Comparison Summary
HEFA Benchmark Comparison Market Cap Size