iShares Currency Hedged MSCI EAFE ETF
|
- Description
- Performance
- Comps
- Fundamentals
- Valuation
- Rating
iShares Currency Hedged MSCI EAFE ETF is an exchange-traded fund incorporated in the USA. The ETF seeks to track the investment results of an index composed of large- and mid-capitalization equities in Europe, Australasia, and the Far East while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar. |
Category | International Equities |
Fund Sponsor | iShares/USA |
Website | www.ishares.com |
Inception date | Jan 31, 2014 |
Assets (mns) | $4,262 |
Currency | USD |
Expense ratio | 35 bp |
Distributions | Semi-Annually |
Regulation | Open-End Investment Company |
Custodian | State Street Bank & Trust Co |
Weighting | Market Cap |
Index replication | Optimized |
Uses derivatives | No |
Options available | Yes |
No. of constituents | 1 |
Wgt avg mkt cap (mns) | $83,151 |
Large cap (>$10bn) | 90.1% |
Mid cap ($2-10bn) | 9.7% |
Small cap (<$2bn) | 0.1% |
Developed mkts | 99.9% |
Emerging mkts | 0.1% |
ISHARES MSCI EAFE ETF | 100.0 % | Total | 100.0 % |
---|
0.0 % |
HISTORICAL PERFORMANCE
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
0.0% | 11.5% | 9.8% | -- | 8.1% |
versus... | Beta | R-squared |
S&P500 | 0.62 | 81% |
MSCI EAFE | 0.68 | 88% |
MSCI Emg. Mkts. | 0.49 | 49% |
Recent close | $34.08 |
30d moving avg. | $30.85 |
Annualized volatility | 12.4% |
Short interest (ETF) | 0.2% |
Relative strength (RSI) | 70 |
Avg. volume (thou.) | 3,456 |
Turnover | 2.8% |
Bid/Ask (% of price) | 0.03% |
ADV underlying (mns) | $52,362 |
FINDING ALTERNATIVE FUNDS
Below is a list of 1 potential alternatives to the iShares Currency Hedged MSCI EAFE ETF ETF based on the alternatives' overlap in portfolio holdings with HEFA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | HEFA | Expense: | 35 bp | ALTAR Score™: | 6.3% |
Ticker | Fund Name |
Overlap1 vs HEFA (%) |
Expense ratio (bp) |
Savings vs HEFA (bp) |
ALTAR Score™ (%) |
ALTAR vs HEFA (%) |
KRUZ | Unusual Whales Subversive Republican Trading ETF | 0.1 | 75 | -40 | 4.7 | -1.6 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
Content on this tab for subscribers only**
RESULTS & ESTIMATES
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | |
---|---|---|---|---|---|---|---|
Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share | ** | ** | ** | ** | ** | ** | ** |
Book value per share | ** | ** | ** | ** | ** | ** | ** |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
Long term EPS growth est. | **% | Debt-to-equity | **x | |
Asset turnover | **% | Assets-to-equity | **x |
*Six months ago = 100 |
Content on this tab for subscribers only
VALUATION METRICS
2023 | 2024E | 2025E | |
---|---|---|---|
Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
iShares Currency Hedged MSCI EAFE ETF | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
UNDERWEIGHT |
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals. |
ALTAR Score™
|
MODERN PORTFOLIO THEORY
|
CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
|