iSharesInternationalEmerging#199 of 521 by YTD

iShares Currency Hedged MSCI Emerging Markets ETFHEEM

1D 1M 3M YTD 1Y 3Y 5Y MAX

S&P 500 Bucket avg Compare

$37.83+1.9%

+$0.72 · Nov 6 close

Buy

AUM: $267M
Fee: 1.51%
Yield: 3.5%

Bumpy · 1Y: 1.8×S&P
Volume: 32K
NAV: $37.79

What's insideAll 1,207 →

2330.TW 15.0%005930.KS 6.3%000660.KS 4.6%0700.HK 3.0%

52-week range19% below the high

$33.59$46.49

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+1.9%	−9.1%	−8.7%	+9.4%	+10.3%	+75.6%	+45.1%	+122.0%
Peer average	+1.4%	−8.6%	−8.0%	+9.0%	+10.6%	+66.3%	+38.2%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

HEEM in One Breath

HEEM Among Emerging ETFs

YTD

#1EMEQNomura+37.4%$555M

#2FTHFFirst Trust+27.4%$130M

#3EVLUiShares+21.6%$18.5M

#4KEMXKraneShares+21.3%$117M

#5STXEStrive+20.6%$122M

#6EMDMFirst Trust+20.4%$39.3M

#7PIEInvesco+19.8%$224M

#8EMXCiShares+18.0%$24.3B

#54HEEMiShares+9.4%$267M

End-of-day Nov 9, 2026 · 113 Emerging ETFs by YTD

$10,000 in HEEM

$10,000 in HEEM became

$14,505

In the S&P 500 (VOO)

$17,177

Total return, dividends in · Oct 29, 2021 – Nov 6, 2026 · S&P 500 uses VOO

HEEM’s Top Holdings

Today

2330.TWTaiwan Semiconductor Manufacturing15.0%005930.KS6.3%000660.KS4.6%0700.HK3.0%9988.HK2.1%2454.TW1.4%0939.HK1.0%005935.KS0.9%HDFCBANK.NS0.8%2317.TW0.8%ICICIBANK.NS0.8%RELIANCE.NS0.7%1810.HK0.6%2308.TW0.6%1398.HK0.6%BHARTIARTL.N0.5%3711.TW0.5%402340.KS0.5%3988.HK3690.HK1120.SR0.4%9999.HK

TechnologyFinancial ServicesCommunication ServicesConsumer CyclicalEnergy

iShares HEEM · 1 holdings · tile size = share of the fund · as of Nov 6, 2026

What HEEM Holds

Today

Technology34.1%

2330.TW 15.0 · 005930.KS 6.3 · 000660.KS 4.6 · 2454.TW 1.4 · 005935.KS · 2317.TW · 1810.HK

Financial Services12.0%

0939.HK 1.0 · HDFCBANK.N · ICICIBANK. · 1398.HK · 3988.HK · 1120.SR · NU

Communication Services5.0%

0700.HK 3.0 · BHARTIARTL · NPN.JO · MTN.JO · 7010.SR · 9888.HK · 035420.KS

Consumer Cyclical4.3%

9988.HK 2.1 · 3690.HK · PDD · 1211.HK · 9618.HK · 005380.KS · M&M.NS

Energy2.2%

RELIANCE.N · 2222.SR · PETR4.SA · PETR3.SA · 0857.HK · PKN.WA

Basic Materials2.1%

ANG.JO · VALE3.SA · 1303.TW · GMEXICOB.M · GFI.JO · 2899.HK · VAL.JO

Healthcare0.6%

6160.HK · 068270.KS · 2269.HK

iShares HEEM · share of the fund by sector · as of Nov 6, 2026

Taiwan’s Share of HEEM

Today

15.0%

$150 of every $1,000 in HEEM is Taiwan

Taiwan held by HEEM

$40.0M

Most Taiwan per dollar

VEXC24.3%

EWT23.2%

AIA22.5%

FLTW21.2%

iShares HEEM · each square = $10 of $1,000 · as of Nov 6, 2026

HEEM’s Share of Emerging ETFs

Today

0.1%

of the $448B in 134 Emerging ETFs

HEEM$267M0.1%

IEMG$142B31.7%

VWO$125B28.0%

131 others$180B40.3%

Emerging ETF AUM · Nov 9, 2026

HEEM Fee per $100 vs Peers

Today

$1.51a year
per $100

$151 a year on $10,000

VWO$0.06

IEMG$0.09

EMXC$0.25

AVEM$0.33

EEM$0.72

HEEM$1.51

Expense ratio · Emerging peers · Nov 9, 2026

Inside HEEM

1 holdings · as of Nov 6, 2026

HEEM

iShares Currency Hedged MSCI Emerging Markets ETF

Today

Technology34.1%2330.TWTaiwan Semiconductor Manufacturing15.0%005930.KS6.3%000660.KS4.6%7 moreFinancial Services12.0%23 moreCommunication Services5.0%0700.HK3.0%Consumer Cyclical4.3%9988.HK2.1%PDDEnergy2.2%Basic Materials2.1%Other39.0%

Technology34.1%2330.TW15.0%005930.KS6.3%000660.KS4.6%15 moreFinancial Services12.0%31 moreCommunication Services5.0%Consumer Cyclical4.3%Other39.0%

#	Ticker	Company	Weight ▼
1	2330.TW	Taiwan Semiconductor Manufacturing	14.96%
2	005930.KS	Samsung Electronics	6.26%
3	000660.KS	SK Hynix	4.64%
4	0700.HK	Tencent	3.00%
5	9988.HK	Alibaba Group	2.08%
6	2454.TW	Mediatek	1.35%
7	0939.HK	China Construction Bank H	1.00%
8	005935.KS	Samsung Electronics NON Voting PRE	0.86%
9	HDFCBANK	Hdfc Bank	0.82%
10	2317.TW	HON HAI Precision Industry	0.78%

See all 1,207 holdings ↓

TechnologyFinancial ServicesCommunication ServicesConsumer CyclicalEnergyBasic MaterialsHealthcareIndustrialsConsumer DefensiveReal EstateOther

iShares HEEM · current holdings by weight · as of Nov 6, 2026 · each tile is one holding · top 20 = 41.5%

All HEEM Holdings

1,207 holdings · as of Nov 6, 2026

HEEM

HEEM’s Holdings

Today

#
1	2330.TWTaiwan Semiconductor Manufacturing	Technology	14.96%	$1,496.03	575K	$39.1M
2	005930.KSSamsung Electronics	Technology	6.26%	$626.47	109K	$16.4M
3	000660.KSSK Hynix	Technology	4.64%	$464.10	13K	$12.1M
4	0700.HKTencent	Communication Services	3.00%	$300.41	143K	$7.9M
5	9988.HKAlibaba Group	Consumer Cyclical	2.08%	$208.24	392K	$5.4M
6	2454.TWMediatek	Technology	1.35%	$135.41	34K	$3.5M
7	0939.HKChina Construction Bank H	Financial Services	1.00%	$100.37	2.0M	$2.6M
8	005935.KSSamsung Electronics NON Voting PRE	Technology	0.86%	$85.57	19K	$2.2M
9	HDFCBANK.NHdfc Bank	Financial Services	0.82%	$81.80	266K	$2.1M
10	2317.TWHON HAI Precision Industry	Technology	0.78%	$78.13	286K	$2.0M
11	ICICIBANK.Icici Bank	Financial Services	0.75%	$75.04	124K	$2.0M
12	RELIANCE.NReliance Industries	Energy	0.71%	$71.34	134K	$1.9M
13	1810.HKXiaomi	Technology	0.61%	$60.72	398K	$1.6M
14	2308.TWDelta Electronics	Technology	0.60%	$59.67	45K	$1.6M
15	1398.HKIndustrial AND Commercial Bank OF	Financial Services	0.59%	$58.74	1.5M	$1.5M

iShares HEEM · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 6, 2026

How It Compares

HEEM

iShares Currency Hedged MSCI Emerging Markets ETF’s Peers

YTD


IEMG	iSharesRead Desk	0.09%	+8.3%	+8.8%	$142.1B
VWO	VanguardRead Desk	0.06%	+3.2%	+3.2%	$125.4B
EEM	iSharesRead Desk	0.72%	+9.0%	+9.7%	$27.5B
AVEM	AvantisRead Desk	0.33%	+9.6%	+10.7%	$26.2B
EMXC	iSharesRead Desk	0.25%	+18.0%	+21.2%	$24.3B
HEEM	iSharesThis fundRead Desk	1.51%	+9.4%	+10.3%	$267M

Emerging peers · YTD and past-year returns · as of Nov 9, 2026 · sorted by AUM

Head to Head

Put HEEM head to head with IEMG →

IEMG vs HEEM

YTD

IEMGiShares · EmergingHEEMiShares · Emerging

Year to date

+8.3%

+9.4%

HEEM wins+1.1 pts

Past year

+8.8%

+10.3%

HEEM wins+1.6 pts

Fee

0.09%

1.51%

IEMG winslower fee

Yield

2.5%

3.5%

HEEM wins+1.0 pt

AUM

$142B

$267M

IEMG531.8× more

3–1HEEM wins

iShares IEMG and iShares HEEM · year-to-date · as of Nov 9, 2026 · AUM not scored

HEEM vs VOO

YTD

HEEM · iShares Currency Hedged MSCI Emerging Markets

+9.4%

VOO · S&P 500

+8.7%

Gap

0.7 pts

iShares HEEM and Vanguard VOO · YTD total return · as of Nov 9, 2026

HEEM vs Its Peer Average

YTD

HEEMAvsBPeer average

1D+1.9%+1.4%

1M−9.1%−8.6%

3M−8.7%−8.0%

YTD+9.4%+9.0%

1Y+10.3%+10.6%

3Y+75.6%+66.3%

5Y+45.1%+38.2%

4–3HEEM wins

133 Emerging peers · each row scaled to its leader

How Bumpy Is HEEM?

View

HEEM

How Bumpy

1.8×the S&P 500’s swings

CalmerBumpierS&P 1×HEEM

Calm rank among 7 emerging funds#3

Other emerging funds1.3× to 2.2×

iShares HEEM · daily swings over the past year vs the S&P 500

HEEM

Worst Drop

−19.5%from its Jun 22 high

Still below the high−17.9%

$10,000 at the high is now$8,210

iShares HEEM · fall from the highest close, past year

HEEM

On a Bad Day

1.4×the S&P 500’s fall

HEEM’s worst day: Friday, Jun 5

HEEM

−5.8%

S&P 500

−2.6%

Up days54 of every 100

S&P 500 up days52 of every 100

iShares HEEM · average move on days the S&P 500 fell

HEEM

Return for the Bumps

1Y#2 of 7 emerging funds

#1EMXCiShares

most for the bumps

#2HEEMiShares

#3AVEMAvantis

#4EEMiShares

#5IEMGiShares

#6SPEMSPDR

#7VWOVanguard

less than cash

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

HEEM

Cost

Today

$151a year per $10,000

VWO

SPEM

IEMG

EMXC

$25

AVEM

$33

EEM

$72

HEEM

$151

Expense ratio 1.51%, taken from the fund’s value

HEEM

Volatility & Beta

24.0%annual volatility

S&P 500 volatility13.6%

Downside volatility17.2%

Beta vs SPY1.32

Correlation vs SPY0.75

Beta rank, lowest first, of 7#3

Daily total returns × √252 · past 254 trading days

HEEM

Max Drawdown

−19.5%peak to trough

Peak closeJun 22, 2026

Current drawdown−17.9%

Worst day−5.75% · Jun 5

Closing prices, dividends in

HEEM

Up / Down Capture

139%down capture vs SPY

Down days

139%

Up days

138%

S&P 500

100%

Up ÷ down capture0.99

Up days54.3% (S&P 52.0%)

Average daily move on SPY up days and down days

HEEM

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
EMXC	0.52	0.72	30.4%	−22.1%	1.71	$25
HEEM	0.23	0.32	24.0%	−19.5%	1.32	$151
AVEM	0.23	0.32	25.3%	−17.7%	1.47	$33
EEM	0.19	0.26	26.2%	−18.5%	1.50	$72
IEMG	0.15	0.21	25.4%	−17.8%	1.47	$9
SPEM	0.00	0.01	18.2%	−11.4%	1.10	$7
VWO	−0.06	−0.09	18.1%	−11.5%	1.09	$6

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

HEEM

Trading

Today

+0.11%above its holdings’ value

Close$37.83

NAV$37.79

Fee per $10,000$151 a year

Avg. volume 30D22K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

The Details

HEEM

Fund Facts

Today

2014launched Sep 23

Tracks[…]

Exchange · CUSIPCBOE · 46434G509

StructureETF

Leverage1x

Cost on $10,000$151 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

iShares HEEM · fund facts · as of Nov 9, 2026

HEEM

Payouts by Year

13Y

$0.23per share, Jul 2026

Distribution yield3.5%

PaidTwice a year

Latest ex-date · paidJul 2 · Jul 8, 2026

12 payouts added up$4.67 a share

iShares HEEM · distributions by ex-date · 2014–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$37.79

Premium / discount[…]

Median spread · 30D[…]

Volume today32K

Average volume · 30D22K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio1.51%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$151.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Jul 2, 2026	Jul 8, 2026	$0.23
Dec 23, 2025	Dec 29, 2025	$0.50
Dec 2, 2025	[…]	$0.60
Jul 2, 2025	Jul 8, 2025	$0.28
Dec 20, 2024	Dec 26, 2024	$0.46
Jul 2, 2024	Jul 8, 2024	$0.18
Dec 22, 2023	Dec 29, 2023	$0.47
Jul 3, 2023	Jul 10, 2023	$0.20
Dec 23, 2022	Dec 30, 2022	$0.37
Dec 2, 2022	Dec 8, 2022	$1.13
Jul 5, 2022	Jul 11, 2022	$0.23
Dec 30, 2021	Jan 5, 2022	$0.0158

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