iShares Currency Hedged MSCI EAFE ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$33.47
- Net Assets:$0 Million
- NAV:$33.76
- Premium-0.86%
- Peer Rank:11 of 298
- Investment Rating:A
- Performance:B
- RiskB-
We rate iShares Curr Hedged MSCI EAFE ETF at A. This overall rating indicates it is among the top 10% of all closed end funds in its peer group. Positive factors that influence this rating include a well above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund may be considered for investors seeking a Global Equity strategy.
Total return ranks very high in comparison with peers over the last three years. The iShares Curr Hedged MSCI EAFE ETF has returned an annual rate of 8.75% since inception. More recently, the fund has generated a total return of 11.29% in the last five years, 11.82% in the last three years, and 17.32% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 81% of them. It has also outpaced 89% of its competitors on a three year basis and 72% of them over the last year for the period ending 2/29/2024. On a year to date basis, HEFA has returned 7.01%.
Downside risk has been below average. HEFA has a draw down risk of -23.81%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 12.2%. This fund has had moderate volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As HEFA is an exchange traded fund, it has no front end or back end load.
The iShares Curr Hedged MSCI EAFE ETF is managed by Gregory R Savage at BlackRock Fund Advisors. This fund is one of 353 BlackRock Fund Advisors exchange-traded funds launched since 3/12/1996 that we track.