HEFA vs. IVEG ETF Comparison

Comparison of iShares Currency Hedged MSCI EAFE ETF (HEFA) to iShares Emergent Food and AgTech Multisector ETF (IVEG)

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

$35.42

Average Daily Volume

1,581,625

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

IVEG

iShares Emergent Food and AgTech Multisector ETF

IVEG Description

The fund invests at least 80% of its assets in the securities of its index and in investments that have economic characteristics that are substantially identical to the securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$20.90

Average Daily Volume

1,454

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

Performance

Period	HEFA	IVEG
30 Days	-0.25%	3.03%
60 Days	6.33%	10.83%
90 Days	0.11%	12.27%
12 Months	23.72%	18.66%

1 Overlapping Holdings

	Symbol	Grade	Weight in HEFA	Weight in IVEG	Overlap
	NOK	B	-0.01%	0.0%	-0.01%

HEFA Overweight 3 Positions Relative to IVEG

	Symbol	Grade	Weight
	EFA	C	101.29%
	HKD	C	0.0%
	SGD	D	-0.03%

HEFA Underweight 19 Positions Relative to IVEG

	Symbol	Grade	Weight
	SW	C	-7.79%
	K	B	-5.19%
	IFF	C	-4.79%
	ECL	B	-4.63%
	IP	C	-4.59%
	CTVA	A	-4.55%
	PKG	C	-4.53%
	TRMB	B	-4.37%
	WAT	B	-4.11%
	CF	A	-3.95%
	DE	A	-3.93%
	CNH	B	-3.55%
	FMC	B	-2.66%
	MOS	D	-2.53%
	AGCO	D	-1.99%
	EXPO	A	-1.8%
	SEE	C	-1.77%
	NEOG	D	-1.16%
	SHC	C	-0.59%

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

IVEG: Top Represented Industries & Keywords

Industries: Agricultural Inputs Packaging & Containers Diagnostics & Research Farm & Construction Equipment Specialty Chemicals Business Services Communication Equipment Packaged Foods Scientific & Technical Instruments

Keywords: S&P 500 Chemical Food Safety Construction Equipment Crops Detergent Forage Equipment Loader Pharmaceutical Phosphates Agricultural Equipment Agriculture Animal Feed Baler Chemical Process Chemical Processing Civil Engineering Cleaning Consumer Products Containerboard