TFLO vs HEFA

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

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

TFLO vs HEFA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

TFLO

$6.80B

HEFA

$6.80B

Expense Ratio

Winner

TFLO

0.15%

HEFA

0.35%

Max Drawdown

Winner

TFLO

5.02%

HEFA

32.39%

Sharpe Ratio

TFLO

1.45

Winner

HEFA

1.69

5Y Beta

Winner

TFLO

-0.00

HEFA

0.74

5Y Dividends CAGR

Winner

TFLO

134.46%

HEFA

20.05%

TFLO vs HEFA - Historical Returns

Returns include dividend reinvestment.

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

TFLO

+0.34%

Winner

HEFA

+0.59%

TFLO

+0.91%

Winner

HEFA

+1.36%

TFLO

+1.96%

Winner

HEFA

+12.69%

TFLO

+4.12%

Winner

HEFA

+26.98%

5Y(CAGR)

TFLO

+3.58%

Winner

HEFA

+13.44%

10Y(CAGR)

TFLO

+2.33%

Winner

HEFA

+12.60%

Max(CAGR)

TFLO

+1.93%

Winner

HEFA

+10.53%

TFLO vs HEFA - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

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

TFLO vs HEFA Drawdown Comparison

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

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

The current HEFA drawdown is -1.13%.

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

Correlation

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

0.98

-101

Dividend Comparison (2014 - 2026)

TFLO vs HEFA dividend yield comparison.

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