(HEFA) Currency Hedged MSCI EAFE - Overview

ETF Category: Foreign Large Blend | Exchange: BATS (USA) | Market Cap: 7.128m USD | Total Return: 25.6% in 12m

Foreign Equities, Currency Forwards, Index Funds
Total Rating 62
Safety 50
Buy Signal -0.34
Foreign Large Blend
Category Rotation: +4.5
TER: 0.35%
AUM: 7.13B
Avg Turnover: 20.8M
Risk 3d forecast
Volatility10.3%
VaR 5th Pctl1.90%
VaR vs Median2.61%
Reward TTM
Sharpe Ratio1.59
Rel. Str. IBD56.2
Rel. Str. Peer Group51.1
Character TTM
Beta0.627
Beta Downside0.666
Hurst Exponent0.545
Drawdowns 3y
Max DD14.28%
CAGR/Max DD1.29
CAGR/Mean DD11.44

Warnings

Choppy

Tailwinds

No distinct edge detected

Description: HEFA Currency Hedged MSCI EAFE

The iShares Currency Hedged MSCI EAFE ETF (HEFA) provides exposure to large- and mid-capitalization equities across developed markets in Europe, Australasia, and the Far East. The fund allocates at least 80% of its assets to securities within its underlying index or instruments with identical economic characteristics. This strategy targets established international economies while utilizing currency forwards to mitigate the impact of foreign exchange fluctuations against the U.S. dollar.

Currency hedging is a central component of the funds business model, designed to isolate equity performance from currency volatility, which can otherwise erode returns during periods of dollar strength. By focusing on the Foreign Large Blend category, the fund captures a broad cross-section of industrial, financial, and consumer sectors typical of mature non-U.S. economies. Investors should evaluate how these international holdings align with their broader portfolio goals at ValueRay. This approach allows investors to maintain international equity diversification without taking on the additional risk of unhedged foreign currency exposure.

Headlines to Watch Out For
  • U.S. dollar strength relative to G10 currencies increases fund demand
  • Monetary policy divergence between the Federal Reserve and foreign central banks
  • Economic growth rates across European and Asia-Pacific developed markets
  • Currency hedging contract costs impact tracking error and net performance
  • Large-cap equity valuations in Japan and the Eurozone drive underlying returns
What is the price of HEFA shares?

As of June 01, 2026, the stock is trading at USD 45.53 with a total of 405,026 shares traded.
Over the past week, the price has changed by +0.31%, over one month by +3.29%, over three months by +2.31% and over the past year by +25.57%.

Is HEFA a buy, sell or hold?

Currency Hedged MSCI EAFE has no consensus analysts rating.