HEFA Performance — iShares Currency Hedged MSCI EAFE ETF
Data updated: 2026-10-13
HEFA returned +14.11% year to date and +27.02% over one year to Jul 2026. Annualised returns are +18.12% over 3 years and +13.94% over 5 years. Against its Alternative category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $165, against $168 for the category, and to $127 over one year, against $108. Volatility over the past three years was 8.64% a year. In the 12 months to Jul 2026 the fund lost a net $224.5M, and assets reached $7.53B.
HEFA Growth of $100
What $100 invested in iShares Currency Hedged MSCI EAFE ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | HEFA | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $127 | $108 |
| 3 years (Aug 2023 – Jul 2026) | $165 | $168 |
| 5 years (Aug 2021 – Jul 2026) | $192 | $159 |
| Since data start (Aug 2019 – Jul 2026) | $240 | $190 |
HEFA Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.11% |
| 1 year | +27.02% |
| 3 years (annualised) | +18.12% |
| 5 years (annualised) | +13.94% |
HEFA Annual Returns
Calendar-year total returns of iShares Currency Hedged MSCI EAFE ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +14.11% |
| 2025 | +23.25% |
| 2024 | +13.73% |
| 2023 | +20.43% |
| 2022 | −4.74% |
| 2021 | +19.38% |
| 2020 | +2.12% |
| 2019 (Aug–Dec) | +7.31% |
HEFA Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.5% | +5.1% | −5.5% | +3.6% | +3.3% | +3.1% | +0.5% | — | — | — | — | — |
| 2025 | +4.7% | +2.0% | −2.2% | −0.5% | +4.7% | +0.3% | +1.4% | +2.4% | +2.2% | +3.5% | +0.8% | +1.9% |
| 2024 | +2.2% | +4.0% | +4.2% | −1.2% | +3.7% | −0.5% | +0.5% | +1.0% | −0.2% | −1.7% | +1.1% | +0.1% |
| 2023 | +7.8% | +0.1% | +1.2% | +2.6% | −1.5% | +4.0% | +1.7% | −1.9% | −1.0% | −2.2% | +5.3% | +2.9% |
| 2022 | −2.5% | −3.6% | +2.5% | −1.8% | +1.0% | −5.6% | +5.6% | −3.2% | −5.7% | +6.0% | +7.6% | −4.0% |
| 2021 | 0.0% | +2.9% | +5.2% | +1.2% | +2.5% | +1.2% | +0.4% | +2.0% | −1.6% | +3.0% | −2.9% | +4.3% |
| 2020 | −1.9% | −6.9% | −13.1% | +5.6% | +5.2% | +2.7% | −1.9% | +3.6% | −0.5% | −3.5% | +12.4% | +2.8% |
| 2019 | — | — | — | — | — | — | — | −1.9% | +3.9% | +1.6% | +2.3% | +1.3% |
HEFA Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 8.64%
- 3-year Sharpe ratio: 1.58 (vs 4.5% risk-free rate)
- Best month: +5.35% (Nov 2023)
- Worst month: −5.48% (Mar 2026)
HEFA Fund Flows
Monthly money in and out of iShares Currency Hedged MSCI EAFE ETF, from SEC Form N-PORT.
- 12-month net flow: −$224.5M
- 12-month gross sales (incl. reinvestments): $859.4M
- Sales ÷ redemptions: 0.79×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $270.8M | $2.3M | $268.4M |
| Jun 2026 | $4.7M | $22.9M | −$18.3M |
| May 2026 | $0 | $113.2M | −$113.2M |
| Apr 2026 | $58.2M | $86.3M | −$28.1M |
| Mar 2026 | $109.4M | $200.7M | −$91.3M |
| Feb 2026 | $69.3M | $49.6M | $19.7M |
| Jan 2026 | $30.1M | $38.6M | −$8.6M |
| Dec 2025 | $186.1M | $104.4M | $81.7M |
| Nov 2025 | $0 | $51.1M | −$51.1M |
| Oct 2025 | $6.1M | $50.1M | −$44.0M |
| Sep 2025 | $124.9M | $364.5M | −$239.6M |
| Aug 2025 | $0 | $0 | $0 |
HEFA Assets Under Management
Net assets of iShares Currency Hedged MSCI EAFE ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $7.53B |
| 2026-04-30 | $7.01B |
| 2026-01-31 | $6.92B |
| 2025-10-31 | $6.60B |
| 2025-07-31 | $6.36B |
| 2025-04-30 | $7.72B |
| 2025-01-31 | $5.92B |
| 2024-10-31 | $5.32B |
| 2024-07-31 | $6.66B |
| 2024-04-30 | $6.65B |
| 2024-01-31 | $3.93B |
| 2023-10-31 | $3.49B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.