BWZ vs. HEFA ETF Comparison

Comparison of SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) to iShares Currency Hedged MSCI EAFE ETF (HEFA)

BWZ

SPDR Bloomberg Short Term International Treasury Bond ETF

BWZ Description

The investment seeks to provide investment results that correspond generally to an index that tracks the short-term (1-3 year remaining maturity) fixed rate, investment grade debt issued by foreign governments of investment grade countries. The fund seeks to track the Barclays 1-3 Year Global Treasury ex-US Capped Index. It invests at least 80% of total assets in the securities comprising the index or in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.72

Average Daily Volume

29,404

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

HEFA

iShares Currency Hedged MSCI EAFE ETF

HEFA Description

The investment 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. The fund seeks to track the investment results of the MSCI EAFE® 100% Hedged to USD Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI") as an equity benchmark for its international stock performance with the currency risk of the securities included in the underlying index hedged against the U.S. dollar on a monthly basis. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.18

Average Daily Volume

750,149

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

Performance

Period	BWZ	HEFA
30 Days	-2.30%	-1.25%
60 Days	-5.43%	0.09%
90 Days	-5.14%	-0.57%
12 Months	-0.57%	16.05%

1 Overlapping Holdings

	Symbol	Grade	Weight in BWZ	Weight in HEFA	Overlap
	NOK	D	0.0%	0.0%	0.0%

BWZ Overweight 1 Positions Relative to HEFA

	Symbol	Grade	Weight
	PEN	B	0.0%

BWZ Underweight 3 Positions Relative to HEFA

	Symbol	Grade	Weight
	EFA	D	-97.79%
	SGD	F	-0.0%
	HKD	F	-0.0%

BWZ: Top Represented Industries & Keywords

Industries: Communication Equipment Medical Devices

Keywords: Application Developers Automobile Manufacturers Broadband Catheter Communications Infrastructure Computing Device Manufacturers Feature Phone Health Care Information Appliances Internet Service Provider Interventional Radiology Location Based Products Maps Medicine Mobile Communications Mobile Network Operator Mobile Network Operators Mobile Phone Network Operators

HEFA: Top Represented Industries & Keywords

Industries: Communication Equipment Real Estate - Development Software - Application

Keywords: Application Developers Automobile Manufacturers Broadband Communications Infrastructure Computing Device Manufacturers Digital Media ETF Exchange Traded Fund Feature Phone Information Appliances Internet Service Provider Location Based Products MSCI EAFE Maps Mobile Communications Mobile Network Operator Mobile Network Operators Mobile Phone Network Operators