HAWX vs. HEFA ETF Comparison

Comparison of iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) to iShares Currency Hedged MSCI EAFE ETF (HEFA)

HAWX

iShares Currency Hedged MSCI ACWI ex U.S. ETF

HAWX Description

The iShares Currency Hedged MSCI ACWI ex U.S. ETF seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging equities while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.

Grade (RS Rating)

Last Trade

$32.60

Average Daily Volume

25,975

Number of Holdings ^*

* 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 EAFEÂ® 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

$34.81

Average Daily Volume

740,030

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HAWX	HEFA
30 Days	-1.27%	-1.42%
60 Days	1.16%	-0.09%
90 Days	1.05%	-0.74%
12 Months	17.74%	15.85%

3 Overlapping Holdings

Symbol	Grade	Weight in HAWX	Weight in HEFA	Overlap
HKD	F	0.0%	0.0%	0.0%
NOK	D	0.0%	0.0%	0.0%
SGD	F	0.0%	0.0%	0.0%

HAWX Overweight 3 Positions Relative to HEFA

Symbol	Grade	Weight
ACWX	D	98.12%
CNH	C	0.0%
IDR	D	0.0%

HAWX Underweight 1 Positions Relative to HEFA

	Symbol	Grade	Weight
	EFA	D	-97.79%