iShares Currency Hedged MSCI Emerging Markets ETF
Price through Sep 30 · Flows through Sep 29. Figures use the latest available records, not a live quote. Fund details retrieved Oct 1. Holdings snapshot retrieved Oct 1.
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index has been developed by MSCI as an equity benchmark for global emerging markets stock performance with the currency risk inherent in the securities included in the underlying index hedged to the U.S. dollar on a monthly basis.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$64M OVER THIS RANGE
Money keeps arriving — +$9M of net inflows over the past month, about 3.1% of the fund's asset base, while the price has returned +21.6% so far this year. At 0.70% a year it is not the cheapest way in — EFAS has a reported fee of 0.56%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS THE CHANGE IN THE LATEST AVAILABLE SNAPSHOT · TOP 40 POSITIONS
| # | Holding | Weight | Price | Day | 52-wk | |
|---|---|---|---|---|---|---|
| 1 | EEMISHARES MSCI EMERGING MARKETS ETF | 99.95% | $66.81 | +0.0% | ||
| 2 | —CASH COLLATERAL USD MSILW (MSINT) - Cash Collateral and Margins | 0.82% | — | — | — | |
| 3 | —CASH COLLATERAL USD HSBSW (HSBBK) - Cash Collateral and Margins | 0.19% | — | — | — | |
| 4 | —KRW/USD (KRW) - Forwards | 0.05% | — | — | — | |
| 5 | —KRW/USD (KRW) - Forwards | 0.04% | — | — | — | |
| 6 | —KRW/USD (KRW) - Forwards | 0.04% | — | — | — | |
| 7 | —KRW/USD (KRW) - Forwards | 0.03% | — | — | — | |
| 8 | —INR/USD (INR) - Forwards | 0.02% | — | — | — | |
| 9 | —INR/USD (INR) - Forwards | 0.01% | — | — | — | |
| 10 | —INR/USD (INR) - Forwards | 0.01% | — | — | — | |
| 11 | —HKD/USD (HKD) - Forwards | 0.01% | — | — | — | |
| 12 | —INR/USD (INR) - Forwards | 0.01% | — | — | — |
| 1 week | -1.2% |
| 1 month | +0.4% |
| 3 months | -3.0% |
| 6 months | +18.6% |
| YTD | +21.6% |
| 1 year | +24.6% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | +$2M |
| 1 month | +$9M |
| 3 months | +$32M |
| YTD | +$63M |
| 1 year | +$64M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The top holding is 100.0% of the book; the top ten carry 101%. Spread across 12+ names, it behaves like roughly 1 equally-weighted positions.
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
| Most-traded holdings, options premium | Bullish | Bearish |
|---|---|---|
| EEM ISHARES MSCI EMERGING MARKETS ETF | $3M | $3M |
TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES
Due diligence cuts both ways. These funds sit on the same shelf and beat HEEM on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| SPDW State Street SPDR Portfolio Developed World ex-US ETF | 0.03% | $41.5B | +$286M | -67bp on fee · 139× the assets · +$286M in over the month | Head-to-head |
| SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | $18.2B | +$199M | -67bp on fee · 61× the assets · +$199M in over the month | Head-to-head |
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.9B | +$497M | -66bp on fee · 110× the assets · +$497M in over the month | Head-to-head |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 0.04% | $23.7B | +$575M | -66bp on fee · 79× the assets · +$575M in over the month | Head-to-head |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.04% | $18.6B | +$412M | -66bp on fee · 62× the assets · +$412M in over the month | Head-to-head |