HEFA vs. MCHI ETF Comparison

Comparison of iShares Currency Hedged MSCI EAFE ETF (HEFA) to iShares MSCI China ETF (MCHI)

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

$35.13

Average Daily Volume

730,624

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MCHI

iShares MSCI China ETF

MCHI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Index (the "underlying index"). The fund will at all times invest at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure the performance of equity securities in the top 85% in market capitalization of Chinese equity markets, as represented by the H-Shares and B-Shares markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.31

Average Daily Volume

6,107,208

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HEFA	MCHI
30 Days	0.09%	-7.55%
60 Days	0.37%	7.00%
90 Days	0.17%	8.91%
12 Months	16.92%	9.73%

1 Overlapping Holdings

	Symbol	Grade	Weight in HEFA	Weight in MCHI	Overlap
	HKD	F	0.0%	0.0%	0.0%

HEFA Overweight 3 Positions Relative to MCHI

Symbol	Grade	Weight
EFA	F	97.79%
SGD	F	0.0%
NOK	D	0.0%

HEFA Underweight 11 Positions Relative to MCHI

Symbol	Grade	Weight
BABA	D	-8.14%
TCOM	B	-1.61%
BIDU	F	-1.12%
YUMC	C	-0.87%
LI	F	-0.65%
BGNE	D	-0.48%
TME	D	-0.39%
XPEV	C	-0.38%
NIO	F	-0.29%
BILI	D	-0.23%
MNSO	F	-0.08%