IAUM vs HEFA

Comparison between iShares Gold Trust Micro (IAUM, ETF) and ISHARES CURRENCY HEDGED MSCI EAFE ETF (HEFA, ETF).

5-Year PerformanceIAUM has outperformed HEFA, delivering a return of +18.5% compared to +13.9%

IAUM vs HEFA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IAUM(ETF)	HEFA(ETF)
Net Assets	$7.20B	$7.10B
Expense Ratio	0.09%	0.35%
Max Drawdown	24.37%	32.39%
Sharpe Ratio	0.73	1.78
5Y Beta	0.23	0.74
5Y Dividends CAGR	N/A	20.05%

Net Assets

Winner

IAUM

$7.20B

HEFA

$7.10B

Expense Ratio

Winner

IAUM

0.09%

HEFA

0.35%

Max Drawdown

Winner

IAUM

24.37%

HEFA

32.39%

Sharpe Ratio

IAUM

0.73

Winner

HEFA

1.78

5Y Beta

Winner

IAUM

0.23

HEFA

0.74

5Y Dividends CAGR

IAUM

N/A

HEFA

20.05%

IAUM vs HEFA - Historical Returns

Returns include dividend reinvestment.

Period	IAUM	HEFA
1 month	-8.79%	+2.31%
3 months	-6.50%	+11.39%
6 months	-8.59%	+12.33%
1 year	+21.67%	+29.36%
5 years(CAGR)	+18.46%	+13.94%
10 years(CAGR)	N/A	+12.68%
Max(CAGR)	+18.46%	+10.75%

IAUM

-8.79%

Winner

HEFA

+2.31%

IAUM

-6.50%

Winner

HEFA

+11.39%

IAUM

-8.59%

Winner

HEFA

+12.33%

IAUM

+21.67%

Winner

HEFA

+29.36%

5Y(CAGR)

Winner

IAUM

+18.46%

HEFA

+13.94%

10Y(CAGR)

IAUM

N/A

HEFA

+12.68%

Max(CAGR)

Winner

IAUM

+18.46%

HEFA

+10.75%

IAUM vs HEFA - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	IAUM	HEFA
2026	-5.09%	+10.72%
2025	+62.10%	+24.11%
2024	+27.35%	+13.79%
2023	+12.14%	+18.27%
2022	+1.05%	-5.86%
2021	+3.87%	+19.07%
2020	N/A	+0.72%
2019	N/A	+27.05%
2018	N/A	-9.58%
2017	N/A	+15.19%
2016	N/A	+8.06%
2015	N/A	+3.94%
2014	N/A	+6.13%

IAUM vs HEFA Drawdown Comparison

The maximum drawdown for IAUM was -24.37%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

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

The current IAUM drawdown is -23.81%. The current HEFA drawdown is -1.61%.

Rank	IAUM	HEFA
#1	-24.37% Jan 29, 2026 - Jun 10, 2026	-32.39% Feb 12, 2020 - Jan 5, 2021
#2	-20.87% Mar 8, 2022 - Dec 1, 2023	-23.14% May 27, 2015 - Mar 1, 2017
#3	-10.05% Oct 20, 2025 - Dec 22, 2025	-15.43% Jan 23, 2018 - Apr 12, 2019
#4	-8.09% Oct 30, 2024 - Jan 30, 2025	-14.77% Jan 4, 2022 - Jan 23, 2023
#5	-7.14% Apr 21, 2025 - Jun 13, 2025	-14.28% Feb 18, 2025 - May 12, 2025
#6	-5.74% May 20, 2024 - Jul 16, 2024	-9.79% Jul 12, 2024 - Oct 14, 2024
#7	-5.69% Jul 29, 2021 - Nov 9, 2021	-9.52% Feb 25, 2026 - May 21, 2026
#8	-5.25% Nov 12, 2021 - Feb 14, 2022	-9.48% Sep 4, 2014 - Nov 18, 2014
#9	-4.88% Mar 31, 2025 - Apr 10, 2025	-7.49% Dec 5, 2014 - Jan 26, 2015
#10	-4.85% Dec 26, 2025 - Jan 12, 2026	-6.87% Jul 3, 2019 - Sep 12, 2019
#11	-4.79% Jun 13, 2025 - Aug 29, 2025	-6.78% Jul 31, 2023 - Nov 24, 2023
#12	-4.40% Dec 1, 2023 - Dec 27, 2023	-5.83% Mar 3, 2023 - Apr 10, 2023
#13	-4.38% Jul 16, 2024 - Aug 12, 2024	-5.59% Nov 16, 2021 - Jan 3, 2022
#14	-4.23% Apr 16, 2024 - May 17, 2024	-4.97% Apr 29, 2019 - Jul 1, 2019
#15	-4.15% Dec 27, 2023 - Mar 1, 2024	-4.84% Jun 19, 2014 - Sep 4, 2014