HEZU Performance — iShares Currency Hedged MSCI Eurozone ETF
Data updated: 2026-07-27
HEZU returned +9.14% year to date and +19.59% over one year to May 2026. Annualised returns are +18.20% over 3 years and +12.59% 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 $176 for the category, and to $120 over one year, against $113. Volatility over the past three years was 11.22% a year. In the 12 months to May 2026 the fund lost a net $264.1M, and assets reached $540.23M.
HEZU Growth of $100
What $100 invested in iShares Currency Hedged MSCI Eurozone ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | HEZU | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $120 | $113 |
| 3 years (Jun 2023 – May 2026) | $165 | $176 |
| 5 years (Jun 2021 – May 2026) | $181 | $161 |
| Since data start (Sep 2019 – May 2026) | $231 | $192 |
HEZU Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.14% |
| 1 year | +19.59% |
| 3 years (annualised) | +18.20% |
| 5 years (annualised) | +12.59% |
HEZU Annual Returns
Calendar-year total returns of iShares Currency Hedged MSCI Eurozone ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +9.14% |
| 2025 | +25.84% |
| 2024 | +10.80% |
| 2023 | +22.88% |
| 2022 | −9.33% |
| 2021 | +23.25% |
| 2020 | +0.59% |
| 2019 (Sep–Dec) | +9.74% |
HEZU 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 | +3.3% | +3.3% | −6.4% | +5.1% | +4.0% | — | — | — | — | — | — | — |
| 2025 | +7.1% | +3.7% | −2.3% | 0.0% | +5.8% | −0.7% | +1.0% | +0.7% | +3.4% | +2.4% | +0.3% | +2.2% |
| 2024 | +1.6% | +4.1% | +4.4% | −2.3% | +4.0% | −2.8% | +0.3% | +2.0% | +1.1% | −3.2% | +0.1% | +1.4% |
| 2023 | +11.0% | +1.1% | +1.1% | +1.8% | −2.0% | +3.9% | +1.8% | −2.9% | −3.1% | −2.7% | +8.4% | +3.4% |
| 2022 | −2.0% | −7.1% | +0.1% | −2.5% | +2.7% | −8.5% | +7.7% | −5.6% | −6.8% | +9.5% | +10.1% | −4.8% |
| 2021 | −1.0% | +4.0% | +6.5% | +2.2% | +3.0% | +1.1% | +1.0% | +2.5% | −3.4% | +4.8% | −3.4% | +4.3% |
| 2020 | −2.1% | −6.8% | −18.4% | +7.1% | +6.2% | +4.7% | −1.5% | +3.3% | −1.9% | −4.6% | +17.3% | +1.8% |
| 2019 | — | — | — | — | — | — | — | — | +3.5% | +1.9% | +2.3% | +1.7% |
HEZU Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 11.22%
- 3-year Sharpe ratio: 1.22 (vs 4.5% risk-free rate)
- Best month: +8.38% (Nov 2023)
- Worst month: −6.36% (Mar 2026)
HEZU Fund Flows
Monthly money in and out of iShares Currency Hedged MSCI Eurozone ETF, from SEC Form N-PORT.
- 12-month net flow: −$264.1M
- 12-month gross sales (incl. reinvestments): $85.9M
- Sales ÷ redemptions: 0.25×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $0 | $64.6M | −$64.6M |
| Apr 2026 | $4.7M | $16.2M | −$11.5M |
| Mar 2026 | $2.3M | $55.5M | −$53.2M |
| Feb 2026 | $0 | $6.9M | −$6.9M |
| Jan 2026 | $18.3M | $13.6M | $4.7M |
| Dec 2025 | $0 | $21.8M | −$21.8M |
| Nov 2025 | $19.2M | $75.5M | −$56.3M |
| Oct 2025 | $0 | $10.7M | −$10.7M |
| Sep 2025 | $2.0M | $65.0M | −$63.0M |
| Aug 2025 | $35.3M | $0 | $35.3M |
| Jul 2025 | $2.0M | $8.1M | −$6.0M |
| Jun 2025 | $2.0M | $12.1M | −$10.1M |
HEZU Assets Under Management
Net assets of iShares Currency Hedged MSCI Eurozone ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $540.23M |
| 2026-02-28 | $661.31M |
| 2025-11-30 | $636.04M |
| 2025-08-31 | $725.64M |
| 2025-05-31 | $715.09M |
| 2025-02-28 | $414.80M |
| 2024-11-30 | $340.40M |
| 2024-08-31 | $420.39M |
| 2024-05-31 | $457.66M |
| 2024-02-29 | $390.94M |
| 2023-11-30 | $329.18M |
| 2023-08-31 | $331.69M |
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.