iShares Currency Hedged MSCI EAFE ETF
As of its 2026 Q2 report, iShares Currency Hedged MSCI EAFE ETF held 16 positions with $7.01B in net assets. Its ten largest holdings made up 102.5% of the fund. The HEFA share class costs 0.35% a year. Over the 12 months to May 2026, HEFA returned 24.6%, with dividends reinvested. In 2026 Q3 it added no new positions and exited none.
The iShares Currency Hedged MSCI EAFE ETF (the Fund ) 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.
The fund invests substantially through an underlying fund that tracks the MSCI EAFE 100% Hedged to USD Index, which comprises large- and mid-cap equities from 21 developed markets in Europe, Australasia, and the Far East. The index hedges currency exposure by selling each foreign currency forward monthly at one-month rates to mitigate fluctuations against the U.S. dollar. Because the hedge resets only monthly and not intra-month, the fund may be slightly over-hedged or under-hedged between rebalances depending on equity price movements. The fund's returns will diverge from the underlying index due to its own fees and expenses layered on top of the underlying fund's costs.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
iShares MSCI EAFE ETF | 101.99% | $7.15B | — |
BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares | 0.32% | $22.09M | — |
BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares | 0.07% | $4.67M | — |
EURO | 0.05% | $3.50M | — |
GREAT BRITISH POUND | 0.03% | $2.02M | — |
JAPANESE YEN | 0.02% | $1.71M | — |
SWISS FRANC | 0.02% | $1.25M | — |
AUSTRALIAN DOLLAR | 0.02% | $1.12M | — |
SWEDISH KRONE | 0.01% | $0.69M | — |
DANISH KRONER | 0.00% | $0.06M | — |
All 16 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 97.04% |
| Cash & short-term | 5.60% |
| Derivatives | 2.33% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified. The blend is as of 2025Q4, one or more quarters before the direct holdings (2026Q2).
How it has done
HEFA share class · total returns with dividends reinvested
Volatility over the last 12 months: 9.30%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
- Expense ratio, by class
- 0.35%· HEFA 0.35%
- Portfolio turnover
- 14.00% a year · as of 2025 Q4
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
0 new
0 exited
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