HEEMiShares Currency Hedged MSCI Emerging Markets ETF

Grow my money11y track recordRanked #1,308 of 2,960 in this goal

Seeks to track the investment results of an index composed of large- and mid-capitalization emerging market equities while mitigating currency fluctuations.

By iShares · Launched 2014

Annual Cost

0.72%

#3,574 of 5,562 · average

Fund Size

$275M

#2,023 of 5,562 · mid-size

Return (1Y)Goal

+56.3%

Track Record

11 years

#1,221 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$15,858+58.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Emerging markets

Cap

Multi cap

Strategy

Index tracking

Index tracked

MSCI Emerging Markets 100% Hedged to USD Index

What it actually holds

By weight

Concentration

Top 10 holdings = 113.1% of fundconcentrated

iShares MSCI Emerging Markets ETF

99.2%

BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares

12.2%

BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares

0.8%

U S DOLLARS

0.2%

U S DOLLARS

0.2%

U S DOLLARS

0.2%

U S DOLLARS

0.2%

U S DOLLARS

0.1%

U S DOLLARS

0.1%

U S DOLLARS

0.0%

Asset allocation

Stocks

99.9%

Cash

0.0%

Preferred

0.0%

By sector

Technology

44.3%

Financial Services

17.6%

Consumer Cyclical

8.3%

Industrials

6.6%

Communication

6.0%

Basic Materials

5.9%

Energy

3.4%

Consumer Defensive

2.5%

Other

5.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

19.5%Moderate

Year-on-year price swings

Max drawdown

-33.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.23Strong risk-adjusted returns

Sortino (3Y)

1.84Good downside protection

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to track the investment results of an index composed of large- and mid-capitalization emerging market equities while mitigating currency fluctuations.
Strategy: Tracks the MSCI Emerging Markets 100% Hedged to USD Index, which includes large- and mid-cap companies from 24 emerging market countries. The Fund invests primarily in the Underlying Fund and uses foreign currency forward contracts to hedge against currency fluctuations. It aims to maintain low portfolio turnover and reduce active management risks. The Fund generally invests at least 80% of its assets in the component securities of the Underlying Index and may invest up to 20% in certain derivatives and cash equivalents.
Inception date: September 23, 2014
Fund family: iShares