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HEFA vs EFO

iShares Currency Hedged MSCI EAFE ETF vs ProShares Ultra MSCI EAFE

HEFA

iShares Currency Hedged MSCI EAFE ETF

Annual cost

0.35%

Fund size

$7.1B

EFO

ProShares Ultra MSCI EAFE

Annual cost

0.95%

Fund size

$30M

Key differences

Both HEFA and EFO are equity ETFs. HEFA charges 0.35% a year and EFO 0.95%. The main difference: HEFA follows a index tracking strategy; EFO uses leveraged.

  • HEFA follows a index tracking strategy; EFO uses leveraged.
  • HEFA costs 0.60% less per year.
  • HEFA is much larger than EFO. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, EFO has delivered higher annualized returns.
  • EFO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HEFAEFO
Annual cost (TER)0.35%0.95%
Fund size (AUM)$7.1B$30M
Since20142009
Dividend yield3.05%1.51%
Asset classequityequity
Regionglobal ex usglobal ex us
Strategyindex trackingleveraged
CAGR 1Y+26.8%+34.9%
CAGR 3Y+18.9%+24.7%
CAGR 5Y+13.7%+7.4%
Sharpe 3Y1.100.76
Volatility 1Y13.08%31.80%
Max drawdown-32.39%-63.52%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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