iShares Currency Hedged MSCI EAFE ETF

iShares Trust · 1 share class

Fund of funds
One fund, 1 share class:HEFA
$7.01B NAV
16 positions · as of 2026-04-30 · filed 2026-06-25

Fund profile

As filed in the prospectus · 2025 Q4

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.

Strategy · summarised

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.

Expenses
0.35%one share class
Share classGrossNet
HEFA0.70%0.35%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 14.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

104.97%
of net assets
Stocks97.04%
Cash & short-term5.60%
Derivatives2.33%

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).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 0 new0 exited

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+26.36%
3-year
+60.35%
5-year
+86.79%
Volatility
9.64%
Worst 3-yr fall
-5.48%
Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
iShares MSCI EAFE ETF101.99%$7.15B
BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares0.32%$22.09M
BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares0.07%$4.67M
EURO0.05%$3.50M
GREAT BRITISH POUND0.03%$2.02M
JAPANESE YEN0.02%$1.71M
SWISS FRANC0.02%$1.25M
AUSTRALIAN DOLLAR0.02%$1.12M
SWEDISH KRONE0.01%$0.69M
DANISH KRONER0.00%$0.06M
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Top 10 positions are 102.52% of net assets, top 25 102.52%, across 16 issuers.

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