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HEEM ETF · iShares Currency Hedged MSCI Emerging Markets ETF
The HEEM Exchange Traded Fund (ETF) is provided by iShares. It is built to track an index: MSCI Emerging Markets Index. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
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This fund is part ofEM Large & Mid Cap1M perf.+5.09%
Last price
$38.76
1M perf.
+3.57%
1M flows
+€1.2M
AuM
€200M
E/R
1.51%
Rating
ESG Consensus®
HEEM
$38.76
Performance & flows
Segment for quartile rank
January 8, 2026 → April 8, 2026
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HEEM
$38.74
+6.97%
EM Large & Mid Cap
+8.71%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +3.25%  | +5.98%  | +49.56% | +72.95% | +40.63% | +4.77% | +4.77% | +11.01% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
4/8/2026
$38.74
1D NAV change
+4.81%
Dividend policy
Replication method
Other
Replication model
ETF based
No. of holdings
1206
Inception date
9/23/2014
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
The iShares Currency Hedged MSCI Emerging Markets ETF seeks to track the investment results of an index composed of large- and mid-capitalization equities from emerging market countries while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Learn more about Trackinsight EnterpriseSimilar ETFs in your region
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E/R
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1M perf.
+0.46%
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +6.97% | +59.03% | +73.49%  | +40.19% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
To find out more about HEEM's exposure, please refer to the as provided by iShares.
More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Replication
Trackinsight replication rating:
Replication quality
Calculated over 12m, as of March 31, 2026
Tracking error
Tracking difference
Replication information
Index
MSCI Emerging Markets 100% Hedged to USD Net Total Return Index - USD
Index ticker
M1EFHUS Index
Index dividend policy
NTR
Replication method
Replication model
More replication analysis are available, exclusively in Trackinsight Enterprise
Issuer
iShares
iShares ID Card
Number of funds
1737
Total AuM
€5T
Expense ratio range
0.03% - 1.51%
Average expense ratio
0.2842%
Top 5 funds by iShares
| AuM | ||
|---|---|---|
IVV | iShares Core S&P 500 ETF | €637.74B |
IEFA | iShares Core MSCI EAFE ETF | €153.86B |
IEMG | iShares Core MSCI Emerging Markets ETF | €123.47B |
AGG | iShares Core U.S. Aggregate Bond ETF | €116.3B |
CSSPX | iShares Core S&P 500 UCITS ETF | €113.29B |
Frequently asked questions about HEEM
What does iShares Currency Hedged MSCI Emerging Markets ETF, HEEM, invest in?
HEEM is a Passive ETF. This ETF provides exposure to Large and Mid-Cap Emerging markets Equities.
Which benchmark or index does HEEM replicate?
HEEM tracks the MSCI Emerging Markets 100% Hedged to USD Net Total Return Index - USD, through a replication method.
What is the Total Expense ratio (TER) of HEEM?
HEEM carries a total expense ratio (TER) of 1.51%, indicating the annual cost for holding the fund.
When was HEEM launched?
HEEM was introduced to the market on September 23, 2014. It trades on United States
Who is the ETF issuer of HEEM?
iShares Currency Hedged MSCI Emerging Markets ETF, HEEM, is provided by iShares. Learn more about iShares here.
What is the current assets under management (AUM) of HEEM?
HEEM oversees €200M in assets as of April 8, 2026.
How has HEEM performed lately?
Based on data from April 8, 2026, HEEM returned 3.25% over the past month, 5.98% over the last three months and 11.01% year-to-date.
What are the latest inflows or outflows for HEEM?
As of April 8, 2026, HEEM recorded net flows of +€1.2M over the last month and +€16M year-to-date.
Does HEEM distribute dividends?
HEEM follows a distributing dividend policy, meaning it pays out income to investors. As of April 8, 2026, its 12-month trailing yield was 2.02%.
What are the main country or region exposures of HEEM?
As of February 28, 2026, HEEM has significant geographic allocations in Taiwan, Republic of Korea and India.
In which sector or theme does HEEM invest in?
As of February 28, 2026, HEEM focuses largely on Information Technology, Financials and Consumer Discretionary.
How many securities does HEEM hold and how diversified is it?
As of February 28, 2026, HEEM holds 1206 positions in its portfolio, with 36.87% of assets concentrated in its top 15 holdings.
What are the main positions in HEEM?
As of February 28, 2026, HEEM top three holdings include TWN SEMICONT MAN, SAMSUNG ELECTR and TENCENT HOLDINGS.
What is the base currency of HEEM?
The base currency of HEEM is USD.
Is HEEM currency-hedged?
HEEM is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.
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