HEFA vs TFLO

Comparison between ISHARES CURRENCY HEDGED MSCI EAFE ETF (HEFA, ETF) and ISHARES TREASURY FLOATING RATE BOND ETF (TFLO, ETF).

5-Year PerformanceHEFA has outperformed TFLO, delivering a return of +13.4% compared to +3.6%

HEFA vs TFLO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEFA(ETF)	TFLO(ETF)
Net Assets	$6.80B	$6.80B
Expense Ratio	0.35%	0.15%
Max Drawdown	32.39%	5.02%
Sharpe Ratio	1.69	1.45
5Y Beta	0.74	-0.00
5Y Dividends CAGR	20.05%	134.46%

Net Assets

HEFA

$6.80B

TFLO

$6.80B

Expense Ratio

HEFA

0.35%

Winner

TFLO

0.15%

Max Drawdown

HEFA

32.39%

Winner

TFLO

5.02%

Sharpe Ratio

Winner

HEFA

1.69

TFLO

1.45

5Y Beta

HEFA

0.74

Winner

TFLO

-0.00

5Y Dividends CAGR

HEFA

20.05%

Winner

TFLO

134.46%

HEFA vs TFLO - Historical Returns

Returns include dividend reinvestment.

Period	HEFA	TFLO
1 month	+0.59%	+0.34%
3 months	+1.36%	+0.91%
6 months	+12.69%	+1.96%
1 year	+26.98%	+4.12%
5 years(CAGR)	+13.44%	+3.58%
10 years(CAGR)	+12.60%	+2.33%
Max(CAGR)	+10.53%	+1.93%

Winner

HEFA

+0.59%

TFLO

+0.34%

Winner

HEFA

+1.36%

TFLO

+0.91%

Winner

HEFA

+12.69%

TFLO

+1.96%

Winner

HEFA

+26.98%

TFLO

+4.12%

5Y(CAGR)

Winner

HEFA

+13.44%

TFLO

+3.58%

10Y(CAGR)

Winner

HEFA

+12.60%

TFLO

+2.33%

Max(CAGR)

Winner

HEFA

+10.53%

TFLO

+1.93%

HEFA vs TFLO - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	HEFA	TFLO
2026	+6.69%	+1.31%
2025	+24.11%	+4.20%
2024	+13.79%	+5.34%
2023	+18.27%	+5.12%
2022	-5.86%	+1.99%
2021	+19.07%	-0.01%
2020	+0.72%	+0.43%
2019	+27.05%	+2.04%
2018	-9.58%	+1.90%
2017	+15.19%	+1.03%
2016	+8.06%	+0.21%
2015	+3.94%	+0.65%
2014	+6.13%	+0.06%

HEFA vs TFLO Drawdown Comparison

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

The maximum drawdown for TFLO was -5.01%, occurring on Dec 19, 2014. Recovery took 293 trading sessions.

The current HEFA drawdown is -1.13%.

Rank	HEFA	TFLO
#1	-32.39% Feb 12, 2020 - Jan 5, 2021	-5.01% Oct 28, 2014 - Dec 28, 2015
#2	-23.14% May 27, 2015 - Mar 1, 2017	-0.76% Dec 28, 2015 - May 22, 2017
#3	-15.43% Jan 23, 2018 - Apr 12, 2019	-0.34% Oct 13, 2014 - Oct 16, 2014
#4	-14.77% Jan 4, 2022 - Jan 23, 2023	-0.26% Oct 16, 2014 - Oct 28, 2014
#5	-14.28% Feb 18, 2025 - May 12, 2025	-0.16% Feb 20, 2018 - Feb 27, 2018
#6	-9.79% Jul 12, 2024 - Oct 14, 2024	-0.15% Feb 25, 2020 - Mar 17, 2020
#7	-9.52% Feb 25, 2026 - Mar 20, 2026	-0.15% May 14, 2014 - Jul 31, 2014
#8	-9.48% Sep 4, 2014 - Nov 18, 2014	-0.14% Sep 2, 2014 - Oct 2, 2014
#9	-7.49% Dec 5, 2014 - Jan 26, 2015	-0.14% Dec 29, 2017 - Jan 11, 2018
#10	-6.87% Jul 3, 2019 - Sep 12, 2019	-0.13% Jul 29, 2022 - Aug 12, 2022
#11	-6.78% Jul 31, 2023 - Nov 24, 2023	-0.12% Oct 2, 2014 - Oct 9, 2014
#12	-5.83% Mar 3, 2023 - Apr 10, 2023	-0.12% Sep 12, 2017 - Sep 27, 2017
#13	-5.59% Nov 16, 2021 - Jan 3, 2022	-0.12% Nov 3, 2017 - Nov 13, 2017
#14	-4.97% Apr 29, 2019 - Jul 1, 2019	-0.12% Oct 19, 2017 - Oct 23, 2017
#15	-4.84% Jun 19, 2014 - Sep 4, 2014	-0.12% Feb 7, 2018 - Feb 20, 2018

Correlation

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

0.98

-101

Dividend Comparison (2014 - 2026)

HEFA vs TFLO dividend yield comparison.

Year	HEFA	TFLO
2026	0.00%	1.18%
2025	4.40%	4.16%
2024	3.09%	5.21%
2023	3.02%	4.88%
2022	25.14%	1.68%
2021	3.06%	0.00%
2020	2.10%	0.36%
2019	7.56%	2.08%
2018	4.58%	1.65%
2017	2.55%	0.86%
2016	3.17%	0.31%
2015	3.54%	0.15%
2014	3.40%	0.08%