Performance analysis of HEEM (ISHARES CURRENCY HEDGED MSCI EMERGING MARKETS ETF)
Annual Return
Over the past 3 years, HEEM has had an average annual return of +27.37%, outperforming the benchmark SPY, which returned +22.77% annual.
Over the past 5 years, HEEM has had an average annual return of +10.58%, underperforming the benchmark SPY, which returned +14.05% annual.
Over the past 10 years, HEEM has had an average annual return of +11.48%, underperforming the benchmark SPY, which returned +15.53% annual.
Since Sep 25, 2014, HEEM has had an average annual return of +8.90%, underperforming the benchmark SPY, which returned +14.15% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +31.07% | +33.97% | +12.58% | +10.16% | -16.86% | -1.82% | +17.93% | +18.54% | -11.10% | +27.59% | +8.06% | -10.00% |
| 2014 | |||||||||||
| -1.12% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +8.26% | +5.18% | -6.72% | +11.27% | +7.41% | +3.25% | +31.07% | ||||||
| 2025 | +2.64% | -0.29% | +1.52% | -1.57% | +3.22% | +5.49% | +2.53% | +2.95% | +6.92% | +3.96% | -0.94% | +3.51% | +33.97% |
| 2024 | -3.14% | +3.91% | +3.69% | +0.83% | +1.83% | +2.89% | +1.01% | +0.11% | +4.41% | -1.53% | -1.59% | -0.19% | +12.58% |
| 2023 | +8.07% | -5.49% | +2.60% | -0.50% | -1.81% | +4.48% | +4.98% | -5.40% | -2.19% | -3.02% | +6.33% | +2.80% | +10.16% |
| 2022 | -0.09% | -3.24% | -3.89% | -3.80% | -0.11% | -3.18% | -0.20% | -0.31% | -9.20% | -1.59% | +12.17% | -3.54% | -16.86% |
| 2021 | +3.97% | +1% | -0.06% | +0.27% | +0.77% | +1.43% | -5.93% | +1.42% | -2.90% | +0.82% | -3.64% | +1.41% | -1.82% |
| 2020 | -4.53% | -2.57% | -13.40% | +7.27% | +3.15% | +5.55% | +7.79% | +2.45% | -0.96% | +0.60% | +8.15% | +5.36% | +17.93% |
| 2019 | +9.29% | -0.31% | +1.59% | +2.39% | -6.36% | +4.25% | -1.52% | -2.06% | +1.12% | +3.04% | +0.99% | +5.57% | +18.54% |
| 2018 | +7.02% | -5.19% | +0.18% | -0.82% | -1.01% | -3.18% | +2.82% | -1.80% | -1.33% | -7.65% | +3.93% | -3.79% | -11.10% |
| 2017 | +3.72% | +1.23% | +2.20% | +1.67% | +2.51% | +1.61% | +4.30% | +2.44% | +0.70% | +3.45% | -1.05% | +1.94% | +27.59% |
Drawdown analysis of HEEM (ISHARES CURRENCY HEDGED MSCI EMERGING MARKETS ETF)
The maximum drawdown for the HEEM was -33.52%, occurring on Oct 24, 2022. Recovery took 672 trading sessions.
Since Sep 25, 2014 HEEM has experienced the following drawdowns:
- 30% or more: 1 time
- 20% or more: 3 times
- 10% or more: 4 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.52% | Feb 17, 2021 | 425 | Oct 24, 2022 | 672 | Jul 1, 2025 | 1097 |
| -28.82% | Jan 26, 2018 | 541 | Mar 23, 2020 | 94 | Aug 5, 2020 | 635 |
| -27.54% | Apr 27, 2015 | 185 | Jan 20, 2016 | 371 | Jul 11, 2017 | 556 |
| -10.83% | Feb 25, 2026 | 23 | Mar 30, 2026 | 13 | Apr 17, 2026 | 36 |
| -8.71% | Nov 21, 2014 | 16 | Dec 16, 2014 | 24 | Jan 22, 2015 | 40 |
| -5.70% | Aug 26, 2020 | 20 | Sep 24, 2020 | 12 | Oct 12, 2020 | 32 |
| -5.39% | Nov 21, 2017 | 10 | Dec 6, 2017 | 17 | Jan 2, 2018 | 27 |
| -5.25% | Jan 25, 2021 | 4 | Jan 29, 2021 | 5 | Feb 5, 2021 | 9 |
| -4.28% | Feb 20, 2015 | 12 | Mar 10, 2015 | 17 | Apr 2, 2015 | 29 |
| -4.17% | Oct 8, 2025 | 2 | Oct 10, 2025 | 6 | Oct 20, 2025 | 8 |
| -4.14% | Oct 29, 2025 | 16 | Nov 20, 2025 | 9 | Dec 4, 2025 | 25 |
| -4.13% | May 11, 2026 | 6 | May 19, 2026 | 4 | May 26, 2026 | 10 |
| -3.56% | Jan 22, 2015 | 6 | Jan 30, 2015 | 10 | Feb 13, 2015 | 16 |
| -3.37% | Oct 6, 2014 | 7 | Oct 15, 2014 | 12 | Oct 31, 2014 | 19 |
| -3.27% | Oct 23, 2020 | 5 | Oct 30, 2020 | 3 | Nov 4, 2020 | 8 |
| -3.15% | Jan 28, 2026 | 6 | Feb 5, 2026 | 4 | Feb 11, 2026 | 10 |
| -3.13% | Sep 25, 2014 | 5 | Oct 2, 2014 | 2 | Oct 6, 2014 | 7 |
| -2.76% | Jul 23, 2025 | 7 | Aug 1, 2025 | 7 | Aug 12, 2025 | 14 |
| -2.70% | Aug 7, 2017 | 3 | Aug 10, 2017 | 8 | Aug 22, 2017 | 11 |
| -2.56% | Nov 8, 2017 | 5 | Nov 15, 2017 | 4 | Nov 21, 2017 | 9 |
| -2.40% | Sep 19, 2017 | 7 | Sep 28, 2017 | 3 | Oct 3, 2017 | 10 |
| -2.36% | Dec 5, 2025 | 8 | Dec 17, 2025 | 3 | Dec 22, 2025 | 11 |
| -2.18% | Nov 27, 2020 | 1 | Nov 30, 2020 | 4 | Dec 4, 2020 | 5 |
| -1.92% | Aug 6, 2020 | 3 | Aug 11, 2020 | 4 | Aug 17, 2020 | 7 |
| -1.80% | Apr 22, 2026 | 1 | Apr 23, 2026 | 1 | Apr 24, 2026 | 2 |