HEEM vs FLUD

Comparison between ISHARES CURRENCY HEDGED MSCI EMERGING MARKETS ETF (HEEM, ETF) and FRANKLIN ULTRA SHORT BOND ETF (FLUD, ETF).

5-Year PerformanceHEEM has outperformed FLUD, delivering a return of +8.8% compared to +3.6%

HEEM vs FLUD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEEM(ETF)	FLUD(ETF)
Net Assets	$258M	$256M
Expense Ratio	0.72%	0.15%
Max Drawdown	35.35%	2.89%
Sharpe Ratio	2.09	0.51
5Y Beta	0.72	0.00
5Y Dividends CAGR	14.21%	25.35%

Net Assets

Winner

HEEM

$258M

FLUD

$256M

Expense Ratio

HEEM

0.72%

Winner

FLUD

0.15%

Max Drawdown

HEEM

35.35%

Winner

FLUD

2.89%

Sharpe Ratio

Winner

HEEM

2.09

FLUD

0.51

5Y Beta

HEEM

0.72

Winner

FLUD

0.00

5Y Dividends CAGR

HEEM

14.21%

Winner

FLUD

25.35%

HEEM vs FLUD - Historical Returns

Returns include dividend reinvestment.

Period	HEEM	FLUD
1 month	+0.44%	+0.31%
3 months	+12.89%	+0.80%
6 months	+21.67%	+1.85%
1 year	+50.32%	+4.74%
5 years(CAGR)	+8.77%	+3.62%
10 years(CAGR)	+10.47%	N/A
Max(CAGR)	+8.15%	+3.24%

Winner

HEEM

+0.44%

FLUD

+0.31%

Winner

HEEM

+12.89%

FLUD

+0.80%

Winner

HEEM

+21.67%

FLUD

+1.85%

Winner

HEEM

+50.32%

FLUD

+4.74%

5Y(CAGR)

Winner

HEEM

+8.77%

FLUD

+3.62%

10Y(CAGR)

HEEM

+10.47%

FLUD

N/A

Max(CAGR)

Winner

HEEM

+8.15%

FLUD

+3.24%

HEEM vs FLUD - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	HEEM	FLUD
2026	+17.66%	+1.37%
2025	+34.47%	+5.04%
2024	+13.00%	+5.42%
2023	+8.27%	+5.96%
2022	-17.43%	+0.18%
2021	-2.74%	+0.07%
2020	+15.36%	+0.77%
2019	+17.92%	N/A
2018	-12.68%	N/A
2017	+26.04%	N/A
2016	+11.00%	N/A
2015	-9.15%	N/A
2014	-1.12%	N/A

HEEM vs FLUD Drawdown Comparison

The maximum drawdown for HEEM was -33.53%, occurring on Oct 24, 2022. Recovery took 1097 trading sessions.

The maximum drawdown for FLUD was -1.66%, occurring on Jun 14, 2022. Recovery took 349 trading sessions.

The current HEEM drawdown is -7.80%. The current FLUD drawdown is -0.05%.

Rank	HEEM	FLUD
#1	-33.53% Feb 17, 2021 - Jul 1, 2025	-1.66% Aug 24, 2021 - Jan 12, 2023
#2	-28.82% Jan 26, 2018 - Aug 5, 2020	-0.65% Mar 13, 2023 - Apr 11, 2023
#3	-27.54% Apr 27, 2015 - Jul 11, 2017	-0.59% Nov 25, 2024 - Jan 15, 2025
#4	-10.83% Feb 25, 2026 - Apr 17, 2026	-0.44% Oct 17, 2025 - Nov 18, 2025
#5	-8.71% Nov 21, 2014 - Jan 22, 2015	-0.40% Oct 7, 2024 - Oct 15, 2024
#6	-7.80% Jun 2, 2026 - Jun 5, 2026	-0.36% Feb 5, 2021 - Jun 24, 2021
#7	-5.70% Aug 26, 2020 - Oct 12, 2020	-0.31% Aug 8, 2025 - Aug 19, 2025
#8	-5.39% Nov 21, 2017 - Jan 2, 2018	-0.30% Sep 25, 2024 - Oct 1, 2024
#9	-5.25% Jan 25, 2021 - Feb 5, 2021	-0.30% Sep 19, 2024 - Sep 23, 2024
#10	-4.29% Feb 20, 2015 - Apr 2, 2015	-0.30% Mar 25, 2026 - Apr 1, 2026
#11	-4.17% Oct 8, 2025 - Oct 20, 2025	-0.29% Sep 5, 2025 - Sep 11, 2025
#12	-4.14% Oct 29, 2025 - Dec 4, 2025	-0.28% Jun 6, 2024 - Jun 25, 2024
#13	-4.13% May 11, 2026 - May 26, 2026	-0.28% Apr 4, 2025 - Apr 22, 2025
#14	-3.56% Jan 22, 2015 - Feb 13, 2015	-0.27% Aug 7, 2024 - Aug 26, 2024
#15	-3.36% Oct 6, 2014 - Oct 31, 2014	-0.26% Sep 22, 2025 - Oct 7, 2025

Correlation

Correlation between HEEM and FLUD is 0.79 which considered as a strong positive correlation - the stocks tend to move together.

0.79

-101

Dividend Comparison (2014 - 2026)

HEEM vs FLUD dividend yield comparison.

Year	HEEM	FLUD
2026	0.00%	1.56%
2025	3.98%	4.51%
2024	2.38%	4.97%
2023	2.75%	4.72%
2022	7.49%	1.39%
2021	1.93%	0.92%
2020	1.49%	0.93%
2019	3.04%	0.00%
2018	2.37%	0.00%
2017	2.05%	0.00%
2016	1.84%	0.00%
2015	6.28%	0.00%
2014	2.04%	0.00%