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HEZUvsIEVETF Comparison

ETF 1

HEZU

iShares Currency Hedged MSCI Eurozone ETF

This fund is part of

Europe Blended Cap

+0.34%

Full HEZU fund page

VS

ETF 2

IEV

iShares Europe ETF

This fund is part of

Europe Blended Cap

+0.34%

Full IEV fund page

iShares Currency Hedged MSCI Eurozone ETF (HEZU) and iShares Europe ETF (IEV) belong to the same industry segment: Europe Blended Cap. HEZU's top 3 sector exposures are Financials, Industrials and Information Technology. In contrast, IEV's top sector exposures are Financials, Industrials and Health Care. HEZU is more expensive with a Total Expense Ratio (TER) of 1.12%, versus 0.6% for IEV. HEZU is up 4.91% year-to-date (YTD) with -$67M in YTD flows. IEV performs worse with 4.51% YTD performance, and - in YTD flows. Run a side-by-side ETF comparison of HEZU and IEV 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 IEV 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 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	HEZU IEV	+7.16%+7.79%	+1.41%+0.01%	+4.91%+4.51%	+23.30%+23.94%	+55.21%+49.10%	+78.04%+56.23%
Flows	HEZU IEV	-$11M-	-$76M-	-$67M-	-$203M-$668M	+$101M-$751M	-$212M-$540M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	HEZU IEV	+19.22%+21.09%	+13.87%+14.58%	+14.93%+14.77%	+16.48%+17.14%
Max drawdown	HEZU IEV	-10.86%-12.01%	-10.86%-12.01%	-15.63%-14.10%	-22.66%-30.63%
Max drawdown duration	HEZU IEV	58d58d	58d58d	51d44d	441d700d

Trading data

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	HEZU	IEV
Last sale 4/27/2026 at 1:30 PM	$45.75	$71.21
Previous close 04/24/2026	$45.98	$71.58
Consolidated volume 04/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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

Main metrics

Last update 4/27/2026 at 1:30 PM

Live

Closed

	HEZU	IEV
Last price	$45.75	$71.21
1D performance	-0.50%	-0.52%
AuM	$583.62 M	$1.72 B
E/R	1.12%	0.6%

Characteristics

	HEZU	IEV
Management strategy	Passive	Passive
Provider	iShares	iShares
Benchmark	MSCI EMU Index	S&P Europe 350 Index
N° of holdings	212	332
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	July 9, 2014	July 25, 2000
ESG	No	No

More HEZU data on Trackinsight

More IEV data on Trackinsight

Exposure

Countries

HEZU

France

26.93%

Germany

25.77%

Netherlands

18.26%

Spain

10.72%

Italy

8.35%

Other

9.97%

IEV

United Kingdom

22.94%

Switzerland

14.65%

France

14.27%

Germany

13.47%

Netherlands

9.57%

Other

25.1%

Sectors

HEZU

Financials

23.26%

Industrials

19.4%

Information Techn.

13.4%

Consumer Discreti.

9.46%

Utilities

7.48%

Other

27%

IEV

Financials

22.43%

Industrials

17.17%

Health Care

9.22%

Information Techn.

8.1%

Consumer Staples

7.76%

Other

35.32%

Diversification

HEZU

Total weight of top 15 holdings out of 15

35.89%

IEV

Total weight of top 15 holdings out of 15

26.68%

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%

IEV

ASML HOLDING

3.89%

ASTRAZENECA

2.33%

NOVARTIS

2.22%

HSBC HOLDINGS

2.15%

CH1499059983

2.14%

SHELL PLC

2.09%

NESTLE SA

1.95%

TOTALENERGIES SE

1.47%

SIEMENS

1.36%

SAP SE

1.34%

BANCO SANTANDER SA

1.25%

ALLIANZ SE

1.22%

SCHNEIDER ELECTRIC SE

1.11%

IBERDROLA SA

1.10%

LVMH MOET HENNESSY LOUIS VUITT

1.06%

Frequently asked questions about HEZU and IEV

How have the HEZU and IEV ETFs performed in 2026?

As of April 24, 2026, HEZU is up 4.91% year-to-date (YTD), while IEV has returned 4.51%. That puts HEZU better performer ahead so far this year.

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

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

Which ETF is more volatile: HEZU or IEV?

Over the past year, HEZU had a volatility of 13.87%, while IEV experienced 14.58%.

Which ETF is bigger: HEZU or IEV?

As of April 24, 2026, HEZU holds $583.62 M in assets under management (AUM), while IEV manages $1.72 B.

What sectors do the HEZU and IEV ETFs invest in?

HEZU leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, IEV focuses on Financials, Industrials and Health Care.

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

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

Which ETF is more diversified: HEZU or IEV?

HEZU holds 225 securities with 35.89% of its assets in the top 15. IEV has 362 securities and a top 15 weight of 26.68%.

There’s an ETF for That? Switzerland

May 1, 2025

IEV

HEZUvsIEVETF Comparison

iShares Currency Hedged MSCI Eurozone ETF

iShares Europe ETF

HEZU vs IEV 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 IEV ETFs performed in 2026?

As of April 24, 2026, HEZU is up 4.91% year-to-date (YTD), while IEV has returned 4.51%. That puts HEZU better performer ahead so far this year.

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

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

Which ETF is more volatile: HEZU or IEV?

Over the past year, HEZU had a volatility of 13.87%, while IEV experienced 14.58%.

Which ETF is bigger: HEZU or IEV?

As of April 24, 2026, HEZU holds $583.62 M in assets under management (AUM), while IEV manages $1.72 B.

What sectors do the HEZU and IEV ETFs invest in?

HEZU leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, IEV focuses on Financials, Industrials and Health Care.

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

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

Which ETF is more diversified: HEZU or IEV?

HEZU holds 225 securities with 35.89% of its assets in the top 15. IEV has 362 securities and a top 15 weight of 26.68%.

There’s an ETF for That? Switzerland

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