iShares Currency Hedged MSCI Emerging Markets ETF
HEEM
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Sep 25, 2014
- CIK
- 0000930667
- Website
- ishares.com
- Similar Companies
- Business
- iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) seeks to track the investment results of an index composed of large- and mid-capitalization equities from emerging market countries, while mitigating exposure to fluctuations between the component currencies and the U.S. dollar through currency forwards; its primary holding is the iShares MSCI Emerging Markets ETF (EEM), supplemented by cash collateral and forward contracts on currencies such as HKD/USD and TWD/USD. The ETF operates in the exchange-traded fund segment of the asset management industry, targeting investors seeking emerging markets equity exposure with USD hedging, and trades on the Cboe BZX exchange with listings also on Bolsa Mexicana de Valores and Santiago Stock Exchange. Launched on September 23, 2014 and domiciled in the United States, HEEM is issued by iShares, Inc., a BlackRock, Inc. affiliate headquartered in New York. HEEM maintains a net expense ratio of 0.72%, reflecting a management fee of 0.78% offset by fee waivers, with acquired fund fees and expenses at 0.72%; it distributes semi-annually and does not pursue a sustainable, impact, or ESG investment strategy. As of late 2025, the fund manages approximately $166 million to $176 million in net assets, with around 5.49 million shares outstanding. Geographically, it provides exposure to emerging markets globally via its benchmark, the MSCI Emerging Markets 100% USD Hedged Index. Recent periodic updates to the fund prospectus occurred throughout 2024 and 2025, including post-effective amendments and notices under Sections 497 and 485BPOS, ensuring ongoing regulatory compliance and disclosure enhancements. In October 2025, iShares Trust, encompassing HEEM, supplemented its prospectus and SAI to add certain funds as borrowers under a credit facility, reflecting standard operational adjustments by BlackRock. No major acquisitions, partnerships, new product launches, or strategic shifts specific to HEEM were reported in the last 1-2 years, with BlackRock's broader activities focused on other ETF expansions and M&A unrelated to this fund.