HFXI vs. FEDM ETF Comparison
Comparison of IQ 50 Percent Hedged FTSE International ETF (HFXI) to FlexShares ESG & Climate Developed Markets (FEDM)
HFXI
IQ 50 Percent Hedged FTSE International ETF
HFXI Description
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the FTSE Developed ex North America 50% Hedged to USD Index (the "underlying index"). The underlying index is an equity benchmark of international stocks from developed markets, with approximately half of the currency exposure of the securities included in the underlying index "hedged" against the U.S. dollar on a monthly basis. The fund invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities and other instruments included in its underlying index.
Grade (RS Rating)
Last Trade
$26.53
Average Daily Volume
101,680
28
FEDM
FlexShares ESG & Climate Developed Markets
FEDM Description
FlexShares ESG & Climate Developed Markets is an exchange traded indexed fund launched by Northern Trust Corporation. It is managed by Northern Trust Investments, Incorporated. The fund invests in public equity markets across global ex-US region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Northern Trust ESG & Climate Developed Markets, by using representative sampling technique. FlexShares ESG & Climate Developed Markets was formed on September 20, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$49.33
Average Daily Volume
1,118
16
Performance
Period | HFXI | FEDM |
---|---|---|
30 Days | -1.12% | -3.24% |
60 Days | -2.75% | -6.21% |
90 Days | -3.24% | -3.86% |
12 Months | 13.34% | 12.02% |
11 Overlapping Holdings
Symbol | Grade | Weight in HFXI | Weight in FEDM | Overlap | |
---|---|---|---|---|---|
BCS | C | 0.24% | 0.24% | 0.24% | |
DEO | F | 0.39% | 0.95% | 0.39% | |
HMC | F | 0.26% | 0.04% | 0.04% | |
HSBH | B | 0.85% | 0.75% | 0.75% | |
MFG | B | 0.27% | 0.15% | 0.15% | |
MUFG | B | 0.58% | 0.89% | 0.58% | |
NMR | B | 0.09% | 0.5% | 0.09% | |
NVS | D | 1.17% | 1.21% | 1.17% | |
SONY | B | 0.59% | 0.75% | 0.59% | |
TM | D | 1.07% | 0.56% | 0.56% | |
XRX | F | 0.09% | 0.34% | 0.09% |
HFXI: Top Represented Industries & Keywords
FEDM: Top Represented Industries & Keywords