What is HEFA?

HEFA tracks a market cap-weighted, USD-hedged index of large- and mid-cap stocks from developed countries outside the US and Canada.

PERFORMANCE [as of 03/17/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HEFA -5.26% 2.55% 3.41% 3.55% 17.35% 6.85% --
HEFA (NAV) -5.33% 2.39% 3.44% 3.45% 17.24% 6.83% --
MSCI EAFE 100% Hedged to USD Index -4.54% 2.99% 3.51% 4.31% 17.74% 7.03% --
MSCI EAFE IMI -4.55% 2.90% 2.40% -6.12% 14.11% 1.71% 4.34%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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 Summary Data

Blackrock
01/31/14
0.35%
$3.12B
MSCI EAFE 100% Hedged to USD Index
MSCI EAFE IMI
Open-Ended Fund

Peers

MSCI EAFE IMI

Fund Flows

+$0.01B 5 Days
+$0.09B 30 Days
-$0.10B 90 Days

HEFA Portfolio Data

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24.33%
07/03/23
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HEFA Index Data

MSCI EAFE 100% Hedged to USD Index
Market Cap
Market Cap
MSCI EAFE IMI

HEFA Portfolio Management

0.35%
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HEFA Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

HEFA Fund Structure

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

Factset Analytics Block Liquidity

As of 03/20/23

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

HEFA Tradability

664,145
$19.23M
558,203
$16.35M
0.03%
$0.01
-0.01%
0.23% / -0.18%
None
100.00%
50,000
11.16
0.01%
0.02%
1
$27.90
N/A

HEFA Sector/Industry Breakdown

HEFA Segment
Benchmark
99.94% --
0.06% --

HEFA Top 10 Holdings

0.06%
100.00%

HEFA Performance Statistics

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0.00%
MSCI EAFE IMI

HEFA Benchmark Comparison Holdings

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HEFA Benchmark Comparison Summary

HEFA Segment
Benchmark
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Low --

HEFA Benchmark Comparison Market Cap Size

HEFA Segment
Benchmark
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