HEFA vs IEFA
iShares Currency Hedged MSCI EAFE ETF compared with iShares Core MSCI EAFE ETF on yield, payout growth, payment schedule, cost and risk.
HEFA
iShares Currency Hedged MSCI EAFE ETF
TTM yield · Semi-annual
IEFA
iShares Core MSCI EAFE ETF
TTM yield · Semi-annual
Quick take
- IEFA yields more today: 3.14% vs 2.92% (forward).
- HEFA has grown its payout faster: 20.3%/yr vs 14.1%/yr over the last 5 years.
- Both pay twice a year.
- Over the last year HEFA delivered the higher total return: +27.1% vs +21.4% (price change plus payouts).
- IEFA is cheaper to own: 0.07% vs 0.35% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | HEFA | IEFA |
|---|---|---|
| Share price | $47.35 | $100.49 |
| TTM yield | 3.95% | 3.27% |
| Forward yield | 2.92% | 3.14% |
| Annual payout per share | $1.382 | $3.156 |
| Payment frequency | Semi-annual | Semi-annual |
| Next ex-date | Dec 30, 2026 (est.) | Dec 14, 2026 (est.) |
| Expense ratio | 0.35% | 0.07% |
| 1-year payout growth | +68.7% | +26.6% |
| 5-year payout CAGR | +20.3% | +14.1% |
| Consecutive years of increases | 3 years | 4 years |
| Payout consistency (last 12) | 68/100 | 60/100 |
| 1-year total return | +27.1% | +21.4% |
| 1-year price return | +22.2% | +17.5% |
| Size (market cap / AUM) | 7.5B | 194.4B |
| Years paying | 12.2 | 13.7 |
| Sector / category | Foreign Large Blend | Foreign Large Blend |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| HEFA | IEFA | |
|---|---|---|
| Shares | 211.2 | 99.5 |
| Income per year | $292 | $314 |
| Income per month (avg) | $24 | $26 |
At forward yields, before taxes. Model HEFA · Model IEFA
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| HEFA Dec 30, 2026 | Jan 13, 2027 | $0.691 | Est. |
| HEFA Jun 29, 2027 | Jul 13, 2027 | $0.691 | Est. |
| IEFA Dec 14, 2026 | Dec 28, 2026 | $1.578 | Est. |
| IEFA Jun 14, 2027 | Jun 28, 2027 | $1.578 | Est. |
Annual payouts per share
HEFAIEFA
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, HEFA or IEFA?
HEFA currently has the higher trailing yield: HEFA yields 3.95% and IEFA yields 3.27%. Yield changes daily with price, so check the live figures above.
How often do HEFA and IEFA pay?
HEFA pays twice a year and IEFA pays twice a year. HEFA's next ex-date is Dec 30, 2026 and IEFA's is Dec 14, 2026.
Which has grown its dividend faster, HEFA or IEFA?
HEFA has grown its payout faster: 20.3%/yr vs 14.1%/yr over the last 5 years.
Is HEFA or IEFA better for income?
It depends on what you are optimising for. HEFA and IEFA differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.