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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

+0.25%

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. Both ETFs have the same top 3 sector exposures: Financials, Industrials and Information Technology. IFLR is more expensive with a Total Expense Ratio (TER) of 0.89%, versus 0.7% for HEFA. IFLR is up 1.29% year-to-date (YTD) with +$52M in YTD flows. HEFA performs better with 6.63% YTD performance, and -$94M 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 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IFLR HEFA	+2.45%+6.14%	-2.04%+3.36%	+1.29%+6.63%	n/a+28.35%	n/a+60.74%	n/a+85.77%
Flows	IFLR HEFA	+$10M-$14M	+$37M-$109M	+$52M-$94M	--$2.08B	-+$1.55B	-+$2.61B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IFLR HEFA	+15.47%+17.18%	n/a+12.30%	n/a+13.37%	n/a+13.80%
Max drawdown	IFLR HEFA	-9.37%-9.45%	n/a-9.45%	n/a-14.34%	n/a-14.65%
Max drawdown duration	IFLR HEFA	54d58d	n/a58d	n/a65d	n/a381d

Trading data

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	IFLR	HEFA
Last sale 4/24/2026 at 1:30 PM	$51.10	$44.10
Previous close 04/23/2026	$50.87	$43.98
Consolidated volume 04/23/2026
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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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 4/24/2026 at 1:30 PM

Live

Closed

	IFLR	HEFA
Last price	$51.10	$44.10
1D performance	+0.47%	+0.27%
AuM	$61.05 M	$7.03 B
E/R	0.89%	0.7%

Characteristics

	IFLR	HEFA
Management strategy	Active	Passive
Provider	Innovator	iShares
Benchmark	-	MSCI EAFE Index
N° of holdings	286	649
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

24.45%

United Kingdom

13.4%

France

8.16%

Germany

7.83%

Australia

7.11%

Other

39.05%

HEFA

Japan

22.39%

United Kingdom

14.42%

Switzerland

9.4%

France

9.32%

Germany

8.91%

Other

35.57%

Sectors

IFLR

Financials

20.57%

Industrials

18.43%

Information Techn.

8.7%

Consumer Discreti.

8.29%

Health Care

7.87%

Other

36.14%

HEFA

Financials

23.43%

Industrials

18.27%

Information Techn.

8.48%

Consumer Discreti.

8.24%

Health Care

8.03%

Other

33.55%

Diversification

IFLR

Total weight of top 15 holdings out of 15

18.09%

HEFA

Total weight of top 15 holdings out of 15

17.81%

Top 15 holdings

Data as of March 31, 2026

IFLR

ASML HOLDING

2.39%

NOVARTIS

1.49%

SHELL PLC

1.46%

ASTRAZENECA

1.45%

HSBC HOLDINGS

1.37%

NESTLE SA

1.33%

TOYOTA

1.14%

TOTALENERGIES SE

1.06%

COMMONWEALTH BANK OF AUSTRALIA

0.97%

MITSUBISHI UFJ FINANCIAL GROUP

0.96%

SIEMENS

0.95%

ALLIANZ SE

0.95%

BHP GROUP LTD

0.92%

SAP SE

0.86%

IBERDROLA SA

0.79%

HEFA

ASML HOLDING

2.48%

ASTRAZENECA

1.49%

NOVARTIS

1.41%

HSBC HOLDINGS

1.37%

CH1499059983

1.36%

SHELL PLC

1.33%

NESTLE SA

1.24%

COMMONWEALTH BANK OF AUSTRALIA

0.95%

TOYOTA

0.93%

TOTALENERGIES SE

0.91%

MITSUBISHI UFJ FINANCIAL GROUP

0.91%

SIEMENS

0.89%

SAP SE

0.87%

BHP GROUP LTD

0.87%

BANCO SANTANDER SA

0.79%

Frequently asked questions about IFLR and HEFA

How have the IFLR and HEFA ETFs performed in 2026?

As of April 24, 2026, IFLR is up 1.29% year-to-date (YTD), while HEFA has returned 6.63%. 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 +$52M in flows, compared to -$94M for HEFA.

Which ETF is bigger: IFLR or HEFA?

As of April 24, 2026, IFLR holds $61.05 M in assets under management (AUM), while HEFA manages $7.03 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 Information Technology.

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 April 24, 2026, IFLR is up 1.29% year-to-date (YTD), while HEFA has returned 6.63%. 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 +$52M in flows, compared to -$94M for HEFA.

Which ETF is bigger: IFLR or HEFA?

As of April 24, 2026, IFLR holds $61.05 M in assets under management (AUM), while HEFA manages $7.03 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 Information Technology.

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

IFLR top holdings include ASML HOLDING, NOVARTIS and SHELL PLC. HEFA holds in its top three: ASML HOLDING, ASTRAZENECA and NOVARTIS.

Which ETF is more diversified: IFLR or HEFA?

IFLR holds 303 securities with 18.09% of its assets in the top 15. HEFA has 690 securities and a top 15 weight of 17.81%.

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