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IFLRvsHEFAETF Comparison

ETF 1

IFLR

Innovator International Developed Managed Floor ETF

This fund is part of

Options Strategies

-0.17%

Full IFLR fund page

VS

ETF 2

HEFA

iShares Currency Hedged MSCI EAFE ETF

This fund is part of

DM Large & Mid Cap

+0.12%

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 Finance, Technology and Industrials. In contrast, HEFA's top sector exposures are Finance, Industrials and Technology. IFLR is more expensive with a Total Expense Ratio (TER) of 0.89%, versus 0.7% for HEFA. IFLR is up 5.89% year-to-date (YTD) with +$78M in YTD flows. HEFA performs better with 13.55% YTD performance, and +$9M 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

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 07/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IFLR HEFA	+1.18%+1.26%	+4.54%+6.49%	+5.89%+13.55%	n/a+24.91%	n/a+66.20%	n/a+90.55%
Flows	IFLR HEFA	+$16M+$249M	+$26M+$96M	+$78M+$9M	--$180M	-+$1.56B	-+$2.57B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IFLR HEFA	+11.16%+14.16%	n/a+13.05%	n/a+13.57%	n/a+13.93%
Max drawdown	IFLR HEFA	-2.40%-2.55%	n/a-9.45%	n/a-14.34%	n/a-14.65%
Max drawdown duration	IFLR HEFA	12d18d	n/a84d	n/a65d	n/a381d

Trading data

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	IFLR	HEFA
Last sale 7/24/2026 at 1:30 PM	$52.95	$46.28
Previous close 07/23/2026	$52.68	$46.04
Consolidated volume 07/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 30, 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

Main metrics

Last update 7/24/2026 at 1:30 PM

Live

Closed

	IFLR	HEFA
Last price	$52.95	$46.28
1D performance	+0.51%	+0.52%
AuM	$89.82 M	$7.48 B
E/R	0.89%	0.7%

Characteristics

	IFLR	HEFA
Management strategy	Active	Passive
Provider	Innovator	iShares
Benchmark	-	MSCI EAFE Index
N° of holdings	309	663
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	November 19, 2025	January 31, 2014
ESG	No	No

More IFLR data on Trackinsight

More HEFA data on Trackinsight

Exposure

Countries

IFLR

Japan

25.8%

United Kingdom

12.51%

Switzerland

8.92%

France

7.85%

Germany

7.7%

Other

37.22%

HEFA

Japan

23.45%

United Kingdom

13.5%

Switzerland

10.18%

France

8.86%

Germany

8.69%

Netherlands

7.24%

Other

28.09%

Sectors

IFLR

Finance

23.49%

Technology

14.26%

Industrials

14.17%

Healthcare

9.37%

Consumer Non-Cycl.

7.79%

Other

30.92%

HEFA

Finance

26.64%

Industrials

15.94%

Technology

14.12%

Healthcare

10.05%

Consumer Non-Cycl.

8.11%

Other

25.14%

Diversification

IFLR

Total weight of top 15 holdings out of 15

18.86%

HEFA

Total weight of top 15 holdings out of 15

18.72%

Top 15 holdings

Data as of June 30, 2026

IFLR

ASML Holding NV

3.12%

HSBC Holdings Plc

1.51%

Novartis AG

1.46%

Roche Holding AG

1.38%

AstraZeneca PLC

1.33%

Nestlé SA

1.32%

Siemens AG

1.12%

Shell Plc

1.12%

BHP Group Ltd.

1.01%

Allianz SE

1.00%

ABB Ltd.

0.94%

Mitsubishi UFJ Financial Group, Inc.

0.92%

Toyota Motor Corp.

0.88%

Commonwealth Bank of Australia

0.88%

Schneider Electric SE

0.87%

HEFA

ASML Holding NV

3.53%

HSBC Holdings Plc

1.51%

Roche Holding AG

1.34%

Novartis AG

1.32%

AstraZeneca PLC

1.31%

Nestlé SA

1.22%

Siemens AG

1.10%

Shell Plc

1.01%

Tokyo Electron Ltd.

0.98%

Mitsubishi UFJ Financial Group, Inc.

0.97%

BHP Group Ltd.

0.97%

Banco Santander SA

0.92%

Commonwealth Bank of Australia

0.88%

Allianz SE

0.83%

Schneider Electric SE

0.83%

Frequently asked questions about IFLR and HEFA

How have the IFLR and HEFA ETFs performed in 2026?

As of July 24, 2026, IFLR is up 5.89% year-to-date (YTD), while HEFA has returned 13.55%. 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 +$78M in flows, compared to +$9M for HEFA.

Which ETF is bigger: IFLR or HEFA?

As of July 24, 2026, IFLR holds $89.82 M in assets under management (AUM), while HEFA manages $7.48 B.

What sectors do the IFLR and HEFA ETFs invest in?

IFLR leans toward sectors like Finance, Technology and Industrials. Meanwhile, HEFA focuses on Finance, Industrials and Technology.

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

IFLR top holdings include ASML Holding NV, HSBC Holdings Plc and Novartis AG. HEFA holds in its top three: ASML Holding NV, HSBC Holdings Plc and Roche Holding AG.

IFLRvsHEFAETF Comparison

Innovator International Developed Managed Floor ETF

iShares Currency Hedged MSCI EAFE ETF

IFLR vs HEFA 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 IFLR and HEFA ETFs performed in 2026?

As of July 24, 2026, IFLR is up 5.89% year-to-date (YTD), while HEFA has returned 13.55%. 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 +$78M in flows, compared to +$9M for HEFA.

Which ETF is bigger: IFLR or HEFA?

As of July 24, 2026, IFLR holds $89.82 M in assets under management (AUM), while HEFA manages $7.48 B.

What sectors do the IFLR and HEFA ETFs invest in?

IFLR leans toward sectors like Finance, Technology and Industrials. Meanwhile, HEFA focuses on Finance, Industrials and Technology.

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

IFLR top holdings include ASML Holding NV, HSBC Holdings Plc and Novartis AG. HEFA holds in its top three: ASML Holding NV, HSBC Holdings Plc and Roche Holding AG.

Which ETF is more diversified: IFLR or HEFA?

IFLR holds 313 securities with 18.86% of its assets in the top 15. HEFA has 676 securities and a top 15 weight of 18.72%.

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