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HEZUvsFEZETF Comparison

ETF 1

HEZU

iShares Currency Hedged MSCI Eurozone ETF

This fund is part of

Europe Blended Cap

+0%

Full HEZU fund page

VS

ETF 2

FEZ

State Street SPDR EURO STOXX 50 ETF

This fund is part of

Europe Blended Cap

+0%

Full FEZ fund page

iShares Currency Hedged MSCI Eurozone ETF (HEZU) and State Street SPDR EURO STOXX 50 ETF (FEZ) belong to the same industry segment: Europe Blended Cap. HEZU's top 3 sector exposures are Financials, Industrials and Information Technology. In contrast, FEZ's top sector exposures are Industrials, Financials and Information Technology. HEZU is more expensive with a Total Expense Ratio (TER) of 1.12%, versus 0.29% for FEZ. HEZU is up 3.14% year-to-date (YTD) with -$67M in YTD flows. FEZ performs worse with 0.8% YTD performance, and -$656M in YTD flows. Run a side-by-side ETF comparison of HEZU and FEZ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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HEZU vs FEZ performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	HEZU FEZ	+6.07%+7.72%	-0.05%-2.50%	+3.14%+0.80%	+19.76%+18.75%	+52.36%+53.76%	+75.01%+60.23%
Flows	HEZU FEZ	-$11M-$241M	-$71M-$799M	-$67M-$656M	-$203M-$659M	+$99M+$457M	-$221M+$1.15B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	HEZU FEZ	+19.29%+26.06%	+13.88%+17.46%	+14.93%+17.83%	+16.49%+20.80%
Max drawdown	HEZU FEZ	-10.86%-12.89%	-10.86%-12.89%	-15.63%-15.03%	-22.66%-34.74%
Max drawdown duration	HEZU FEZ	63d63d	63d63d	51d44d	441d584d

Trading data

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	HEZU	FEZ
Last sale 5/1/2026 at 1:30 PM	$46.22	$66.16
Previous close 04/29/2026	$46.03	$65.97
Consolidated volume 04/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 29, 2026

1-year trailing difference

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	HEZU	FEZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 5/1/2026 at 1:30 PM

Live

Closed

	HEZU	FEZ
Last price	$46.22	$66.16
1D performance	+0.41%	+0.29%
AuM	$573.76 M	$4.37 B
E/R	1.12%	0.29%

Characteristics

	HEZU	FEZ
Management strategy	Passive	Passive
Provider	iShares	State Street Investment Management
Benchmark	MSCI EMU Index	Euro Stoxx 50 Index
N° of holdings	212	47
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	July 9, 2014	October 15, 2002
ESG	No	No

More HEZU data on Trackinsight

More FEZ data on Trackinsight

Exposure

Countries

HEZU

France

26.93%

Germany

25.77%

Netherlands

18.26%

Spain

10.72%

Italy

8.35%

Other

9.97%

FEZ

France

30.91%

Germany

29.42%

Netherlands

18.72%

Italy

7.31%

Other

13.64%

Sectors

HEZU

Financials

23.26%

Industrials

19.4%

Information Techn.

13.4%

Consumer Discreti.

9.46%

Utilities

7.48%

Other

27%

FEZ

Industrials

20.73%

Financials

18.55%

Information Techn.

15.43%

Consumer Discreti.

10.49%

Other

34.8%

Diversification

HEZU

Total weight of top 15 holdings out of 15

35.89%

FEZ

Total weight of top 15 holdings out of 15

52.27%

Top 15 holdings

Data as of March 31, 2026

HEZU

ASML HOLDING

7.16%

TOTALENERGIES SE

2.65%

SIEMENS

2.58%

SAP SE

2.53%

BANCO SANTANDER SA

2.30%

ALLIANZ SE

2.25%

IBERDROLA SA

2.09%

SCHNEIDER ELECTRIC SE

2.07%

DEUTSCHE TELEKOM AG

1.94%

LVMH MOET HENNESSY LOUIS VUITT

1.90%

SIEMENS ENERGY AG

1.82%

BBVA

1.72%

AIR LIQUIDE

1.70%

SAFRAN

1.64%

AIRBUS SE

1.57%

FEZ

ASML HOLDING

9.76%

TOTALENERGIES SE

4.43%

SIEMENS

3.87%

SAP SE

3.76%

ALLIANZ SE

3.42%

SCHNEIDER ELECTRIC SE

3.31%

IBERDROLA SA

3.07%

LVMH MOET HENNESSY LOUIS VUITT

2.90%

DEUTSCHE TELEKOM AG

2.82%

SIEMENS ENERGY AG

2.75%

SAFRAN

2.58%

AIR LIQUIDE

2.58%

AIRBUS SE

2.37%

SANOFI SA

2.34%

UNICREDIT SPA

2.30%

Frequently asked questions about HEZU and FEZ

How have the HEZU and FEZ ETFs performed in 2026?

As of April 29, 2026, HEZU is up 3.14% year-to-date (YTD), while FEZ has returned 0.8%. That puts HEZU better performer ahead so far this year.

Which ETF is attracting more investor money: HEZU or FEZ?

Year-to-date, the HEZU ETF saw -$67M in flows, compared to -$656M for FEZ.

Which ETF is more volatile: HEZU or FEZ?

Over the past year, HEZU had a volatility of 13.88%, while FEZ experienced 17.46%.

Which ETF is bigger: HEZU or FEZ?

As of April 29, 2026, HEZU holds $573.76 M in assets under management (AUM), while FEZ manages $4.37 B.

What sectors do the HEZU and FEZ ETFs invest in?

HEZU leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, FEZ focuses on Industrials, Financials and Information Technology.

What are the top holdings of the HEZU ETF and FEZ ETF?

HEZU top holdings include ASML HOLDING, TOTALENERGIES SE and SIEMENS. FEZ holds in its top three: ASML HOLDING, TOTALENERGIES SE and SIEMENS.

Which ETF is more diversified: HEZU or FEZ?

HEZU holds 225 securities with 35.89% of its assets in the top 15. FEZ has 47 securities and a top 15 weight of 52.27%.

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FEZ

HEZUvsFEZETF Comparison

iShares Currency Hedged MSCI Eurozone ETF

State Street SPDR EURO STOXX 50 ETF

HEZU vs FEZ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the HEZU and FEZ ETFs performed in 2026?

As of April 29, 2026, HEZU is up 3.14% year-to-date (YTD), while FEZ has returned 0.8%. That puts HEZU better performer ahead so far this year.

Which ETF is attracting more investor money: HEZU or FEZ?

Year-to-date, the HEZU ETF saw -$67M in flows, compared to -$656M for FEZ.

Which ETF is more volatile: HEZU or FEZ?

Over the past year, HEZU had a volatility of 13.88%, while FEZ experienced 17.46%.

Which ETF is bigger: HEZU or FEZ?

As of April 29, 2026, HEZU holds $573.76 M in assets under management (AUM), while FEZ manages $4.37 B.

What sectors do the HEZU and FEZ ETFs invest in?

HEZU leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, FEZ focuses on Industrials, Financials and Information Technology.

What are the top holdings of the HEZU ETF and FEZ ETF?

HEZU top holdings include ASML HOLDING, TOTALENERGIES SE and SIEMENS. FEZ holds in its top three: ASML HOLDING, TOTALENERGIES SE and SIEMENS.

Which ETF is more diversified: HEZU or FEZ?

HEZU holds 225 securities with 35.89% of its assets in the top 15. FEZ has 47 securities and a top 15 weight of 52.27%.

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