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HEFA — iShares Currency Hedged MSCI EAFE ETF

Data as of 2026-09-21 · International · Countries · window 2016-09-21 → 2026-09-21 (10.0 years) · returns assume dividends reinvested, net of fund fees · Market Data from Tiingo.com

What the history says

HEFA
Total return+229.0%
Annualised (CAGR)+12.6%
Volatility (annualised)+11.9%
Sharpe (rf = 0)1.07
Deepest drawdown-32.4%
Drawdown peak → trough2020-02-12 → 2020-03-16

Over the 10.0 years to 2026-09-21 the fund returned +229.0% in total (+12.6% a year), with a deepest drawdown of -32.4% from 2020-02-12 to 2020-03-16. Its worst calendar year was 2018 (-9.3%), its best 2019 (+27.5%).

Every calendar year

Calendar-year returns (net of fees, dividends reinvested)
YearHEFA
2026+15.2%
2025+24.5%
2024+13.7%
2023+20.3%
2022-4.8%
2021+19.6%
2020+2.1%
2019+27.5%
2018-9.3%
2017+16.7%
2016+6.8%

What this page does not say

It does not say HEFA is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -32.4% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.

Run your own window, add fees or a second fund: open HEFA in the tool. History is shown as history, never sold as a forecast.

More in International · Countries: OPPJ · HEWJ · EWT · all fund pages