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IFLRvsHEFAETF Comparison

ETF 1
IFLR

Innovator International Developed Managed Floor ETF

This fund is part of
Options Strategies
-0.04%
Full IFLR fund page
VS
ETF 2
HEFA

iShares Currency Hedged MSCI EAFE ETF

This fund is part of
DM Large & Mid Cap
-0.23%
Full HEFA fund page

Innovator International Developed Managed Floor ETF (IFLR) belongs to the Options Strategies segment. iShares Currency Hedged MSCI EAFE ETF (HEFA) is part of the DM Large & Mid Cap segment. IFLR's top 3 sector exposures are Financials, Industrials and Information Technology. In contrast, HEFA's top sector exposures are Financials, Industrials and Health Care. IFLR is more expensive with a Total Expense Ratio (TER) of 0.89%, versus 0.7% for HEFA. IFLR is up 1.65% year-to-date (YTD) with +$42M in YTD flows. HEFA performs better with 3.86% YTD performance, and -$8M in YTD flows. Run a side-by-side ETF comparison of IFLR and HEFA 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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IFLR vs HEFA performance and flow charts

Performance

-6.0-4.0-2.00.02.0%Feb 11Feb 19Feb 26Mar 5

Cumulative Flows

0 M20 M40 M60 M80 M100 MFeb 11Feb 19Feb 26Mar 5

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

Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
IFLR
HEFA
-3.67%-3.38%
+3.13%+4.77%
+1.65%+3.86%
n/a+23.07%
n/a+67.30%
n/a+87.32%
Flows
IFLR
HEFA
+$21M+$40M
+$42M+$31M
+$42M-$8M
--$1.75B
-+$1.69B
-+$2.71B
Volatility and drawdown
3M1Y3Y5Y
Volatility
IFLR
HEFA
+12.78%+12.91%
n/a+16.42%
n/a+13.11%
n/a+13.58%
Max drawdown
IFLR
HEFA
-7.34%-5.70%
n/a-14.30%
n/a-14.34%
n/a-14.65%
Max drawdown duration
IFLR
HEFA
10d14d
n/a51d
n/a65d
n/a381d
Trading data

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IFLR
HEFA
Last sale
3/12/2026 at 2:01 PM
$50.85
$42.34
Previous close
03/11/2026
$51.31
$42.93
Consolidated volume
03/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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IFLR
is actively managed and doesn’t replicate an index

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IFLR
HEFA
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/12/2026 at 2:01 PM
Live
Closed
IFLR
HEFA
Last price
$50.85
$42.34
1D performance
-0.90%
-1.37%
AuM$51.21 M$6.94 B
E/R0.89%0.7%
Characteristics
IFLR
HEFA
Management strategyActivePassive
ProviderInnovatoriShares
Benchmark-MSCI EAFE Index
N° of holdings281657
Asset class-Equities
Trailing 12m distribution yield
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Inception dateNovember 19, 2025January 31, 2014
ESGNoNo
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Exposure

Countries

IFLR
Japan
23.89%
United Kingdom
13.92%
Germany
8.81%
France
8.3%
Switzerland
8.26%
Other
36.82%
HEFA
Japan
22.87%
United Kingdom
14.75%
Switzerland
9.68%
France
9.52%
Germany
9.46%
Other
33.73%

Sectors

IFLR
Financials
21.4%
Industrials
19.22%
Information Techn.
9.71%
Health Care
9.26%
Consumer Discreti.
8.74%
Other
31.67%
HEFA
Financials
24.46%
Industrials
19.23%
Health Care
9.41%
Information Techn.
9.29%
Consumer Discreti.
9.21%
Other
28.39%
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Diversification

IFLR

Total weight of top 15 holdings out of 15

18.53%
HEFA

Total weight of top 15 holdings out of 15

18.01%

Top 15 holdings

Data as of January 31, 2026
IFLR
ASML HOLDING
2.54%
ROCHE
1.47%
HSBC HOLDINGS
1.41%
NOVARTIS
1.40%
ASTRAZENECA
1.32%
NESTLE SA
1.22%
TOYOTA
1.17%
SIEMENS
1.15%
SAP SE
1.13%
SHELL PLC
1.11%
MITSUBISHI UFJ FINANCIAL GROUP
1.00%
ALLIANZ SE
0.97%
DK0062498333
0.92%
BHP GROUP LTD
0.89%
COMMONWEALTH BANK OF AUSTRALIA
0.83%
HEFA
ASML HOLDING
2.61%
ROCHE
1.50%
HSBC HOLDINGS
1.42%
ASTRAZENECA
1.36%
NOVARTIS
1.34%
NESTLE SA
1.17%
SIEMENS
1.10%
SHELL PLC
1.06%
TOYOTA
1.01%
MITSUBISHI UFJ FINANCIAL GROUP
0.99%
SAP SE
0.97%
DK0062498333
0.90%
BANCO SANTANDER SA
0.89%
BHP GROUP LTD
0.86%
COMMONWEALTH BANK OF AUSTRALIA
0.82%
Frequently asked questions about IFLR and HEFA

How have the IFLR and HEFA ETFs performed in 2026?

As of March 11, 2026, IFLR is up 1.65% year-to-date (YTD), while HEFA has returned 3.86%. That puts HEFA better performer ahead so far this year.

Which ETF is attracting more investor money: IFLR or HEFA?

Year-to-date, the IFLR ETF saw +$42M in flows, compared to -$8M for HEFA.

Which ETF is bigger: IFLR or HEFA?

As of March 11, 2026, IFLR holds $51.21 M in assets under management (AUM), while HEFA manages $6.94 B.

What sectors do the IFLR and HEFA ETFs invest in?

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

What are the top holdings of the IFLR ETF and HEFA ETF?

IFLR top holdings include ASML HOLDING, ROCHE and HSBC HOLDINGS. HEFA holds in its top three: ASML HOLDING, ROCHE and HSBC HOLDINGS.

Which ETF is more diversified: IFLR or HEFA?

IFLR holds 296 securities with 18.53% of its assets in the top 15. HEFA has 695 securities and a top 15 weight of 18.01%.

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