iShares Currency Hedged MSCI Emerging Markets ETF

iShares Currency Hedged MSCI Emerging Markets ETF

About

iShares Currency Hedged MSCI Emerging Markets ETF (US46434G5099) is a US-listed equity ETF tracking the MSCI Emerging Markets 100% Hedged to USD Index (Net). With a expense ratio of 0.72%, its costs are on the higher end for an ETF, paying distributions. The fund holds 138 positions with 296M in assets.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.3 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 1.0
Liquidity (25%) 6.8 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker HEEM
ISIN
Fund Size $296.4M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Sep 2014
Base Currency USD
Index MSCI Emerging Markets 100% Hedged to USD Index (Net)
Asset Class Equities

Costs

7.3
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.72%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year +58.40%
3 Years +26.44%
5 Years +9.79%
10 Years +10.99%
YTD +26.61%
Since Inception +8.39%

Holdings

This fund invests into 138 individual investments.
#1
ISHARES MSCI EMERGING MARKETS ETF
99.37%
#2
BLK CSH FND TREASURY SL AGENCY
0.14%
#3
CASH COLLATERAL USD MSILW
0.12%
#4
KRW/USD
0.09%
#5
KRW/USD
0.07%
#6
KRW/USD
0.07%
#7
KRW/USD
0.07%
#8
KRW/USD
0.06%
#9
ZAR/USD
0.03%
#10
TWD/USD
0.03%
View all holdings (50)
# Holding Ticker Weight
1 ISHARES MSCI EMERGING MARKETS ETF EEM 9936.90%
2 BLK CSH FND TREASURY SL AGENCY XTSLA 13.53%
3 CASH COLLATERAL USD MSILW MSINT 11.51%
4 KRW/USD KRW 8.64%
5 KRW/USD KRW 6.67%
6 KRW/USD KRW 6.59%
7 KRW/USD KRW 6.59%
8 KRW/USD KRW 6.48%
9 ZAR/USD ZAR 3.29%
10 TWD/USD TWD 3.24%
11 TWD/USD TWD 3.10%
12 TWD/USD TWD 3.02%
13 TWD/USD TWD 2.98%
14 EUR/USD EUR 2.69%
15 USD CASH USD 2.32%
16 MYR/USD MYR 1.89%
17 MYR/USD MYR 1.81%
18 TWD/USD TWD 1.71%
19 HKD/USD HKD 1.33%
20 CNH/USD CNH 1.31%
21 BRL/USD BRL 0.99%
22 BRL/USD BRL 0.99%
23 BRL/USD BRL 0.97%
24 BRL/USD BRL 0.83%
25 THB/USD THB 0.83%
26 KRW/USD KRW 0.66%
27 KRW/USD KRW 0.48%
28 TWD/USD TWD 0.46%
29 KRW/USD KRW 0.21%
30 EUR/USD EUR 0.20%
31 CLP/USD CLP 0.17%
32 CLP/USD CLP 0.17%
33 CLP/USD CLP 0.17%
34 BRL/USD BRL 0.16%
35 CLP/USD CLP 0.16%
36 INR/USD INR 0.15%
37 KRW/USD KRW 0.14%
38 KRW/USD KRW 0.12%
39 ZAR/USD ZAR 0.09%
40 MYR/USD MYR 0.09%
41 EUR/USD EUR 0.07%
42 THB/USD THB 0.07%
43 TWD/USD TWD 0.07%
44 KRW/USD KRW 0.06%
45 ZAR/USD ZAR 0.06%
46 CNH/USD CNH 0.05%
47 ZAR/USD ZAR 0.04%
48 BRL/USD BRL 0.04%
49 TWD/USD TWD 0.04%
50 CNH/USD CNH 0.04%

Sectors

Allocation by industry sector.
 
Sector Weight
Unknown 10000.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
UNKNOWN 10000.00%
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