HEFA vs BKLN

Comparison between ISHARES CURRENCY HEDGED MSCI EAFE ETF (HEFA, ETF) and INVESCO SENIOR LOAN ETF (BKLN, ETF).

5-Year PerformanceHEFA has outperformed BKLN, delivering a return of +13.9% compared to +5.1%

HEFA vs BKLN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEFA(ETF)	BKLN(ETF)
Net Assets	$7.10B	$7.20B
Expense Ratio	0.35%	0.65%
Max Drawdown	32.39%	32.19%
Sharpe Ratio	1.78	0.20
5Y Beta	0.74	0.15
5Y Dividends CAGR	20.05%	13.76%

Net Assets

HEFA

$7.10B

Winner

BKLN

$7.20B

Expense Ratio

Winner

HEFA

0.35%

BKLN

0.65%

Max Drawdown

HEFA

32.39%

Winner

BKLN

32.19%

Sharpe Ratio

Winner

HEFA

1.78

BKLN

0.20

5Y Beta

HEFA

0.74

Winner

BKLN

0.15

5Y Dividends CAGR

Winner

HEFA

20.05%

BKLN

13.76%

HEFA vs BKLN - Historical Returns

Returns include dividend reinvestment.

Period	HEFA	BKLN
1 month	+2.31%	-0.14%
3 months	+11.39%	+0.86%
6 months	+12.33%	+0.06%
1 year	+29.36%	+4.26%
5 years(CAGR)	+13.94%	+5.15%
10 years(CAGR)	+12.68%	+4.25%
Max(CAGR)	+10.75%	+3.69%

Winner

HEFA

+2.31%

BKLN

-0.14%

Winner

HEFA

+11.39%

BKLN

+0.86%

Winner

HEFA

+12.33%

BKLN

+0.06%

Winner

HEFA

+29.36%

BKLN

+4.26%

5Y(CAGR)

Winner

HEFA

+13.94%

BKLN

+5.15%

10Y(CAGR)

Winner

HEFA

+12.68%

BKLN

+4.25%

Max(CAGR)

Winner

HEFA

+10.75%

BKLN

+3.69%

HEFA vs BKLN - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	HEFA	BKLN
2026	+10.72%	-0.18%
2025	+24.11%	+6.88%
2024	+13.79%	+8.25%
2023	+18.27%	+12.04%
2022	-5.86%	-2.47%
2021	+19.07%	+2.50%
2020	+0.72%	+1.11%
2019	+27.05%	+9.72%
2018	-9.58%	-1.53%
2017	+15.19%	+1.99%
2016	+8.06%	+9.18%
2015	+3.94%	-2.90%
2014	+6.13%	+0.55%
2013	N/A	+3.82%
2012	N/A	+9.61%
2011	N/A	-2.04%

HEFA vs BKLN Drawdown Comparison

The maximum drawdown for HEFA was -32.39%, occurring on Mar 16, 2020. Recovery took 226 trading sessions.

The maximum drawdown for BKLN was -24.16%, occurring on Mar 23, 2020. Recovery took 228 trading sessions.

The current HEFA drawdown is -1.61%. The current BKLN drawdown is -0.57%.

Rank	HEFA	BKLN
#1	-32.39% Feb 12, 2020 - Jan 5, 2021	-24.16% Jan 8, 2020 - Dec 2, 2020
#2	-23.14% May 27, 2015 - Mar 1, 2017	-8.75% May 13, 2011 - Feb 2, 2012
#3	-15.43% Jan 23, 2018 - Apr 12, 2019	-7.31% Jan 14, 2022 - Jan 23, 2023
#4	-14.77% Jan 4, 2022 - Jan 23, 2023	-7.07% May 4, 2015 - Jul 8, 2016
#5	-14.28% Feb 18, 2025 - May 12, 2025	-5.69% Oct 2, 2018 - Feb 22, 2019
#6	-9.79% Jul 12, 2024 - Oct 14, 2024	-3.73% Jul 2, 2014 - Apr 7, 2015
#7	-9.52% Feb 25, 2026 - May 21, 2026	-3.71% May 4, 2012 - Jul 13, 2012
#8	-9.48% Sep 4, 2014 - Nov 18, 2014	-3.55% Feb 18, 2025 - May 2, 2025
#9	-7.49% Dec 5, 2014 - Jan 26, 2015	-3.07% Jan 9, 2026 - May 5, 2026
#10	-6.87% Jul 3, 2019 - Sep 12, 2019	-2.66% Mar 3, 2023 - Apr 11, 2023
#11	-6.78% Jul 31, 2023 - Nov 24, 2023	-2.39% Mar 3, 2011 - Apr 4, 2011
#12	-5.83% Mar 3, 2023 - Apr 10, 2023	-2.04% May 22, 2013 - Oct 28, 2013
#13	-5.59% Nov 16, 2021 - Jan 3, 2022	-1.66% Jul 22, 2024 - Aug 16, 2024
#14	-4.97% Apr 29, 2019 - Jul 1, 2019	-1.57% Sep 17, 2019 - Dec 4, 2019
#15	-4.84% Jun 19, 2014 - Sep 4, 2014	-1.52% Oct 17, 2012 - Dec 6, 2012

Correlation

Correlation between HEFA and BKLN is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2011 - 2026)

HEFA vs BKLN dividend yield comparison.

Year	HEFA	BKLN
2026	0.00%	3.10%
2025	4.40%	6.95%
2024	3.09%	8.41%
2023	3.02%	8.59%
2022	25.14%	4.94%
2021	3.06%	3.11%
2020	2.10%	3.56%
2019	7.56%	4.86%
2018	4.58%	4.51%
2017	2.55%	3.50%
2016	3.17%	4.54%
2015	3.54%	4.12%
2014	3.40%	4.12%
2013	0.00%	4.40%
2012	0.00%	4.81%
2011	0.00%	3.39%