NYLI FTSE International Equity Currency Neutral ETF
$36.76−0.01 (−0.03%)
- 0.19%
- $1.9B
- +23.6%
- 3.18%
- 0.4M sh
- $36.81
- low $30.93high $38.75
The ETF.net HFXI Grade
C
Score 42 out of 100
- 19 of 21
Score 42 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C40 out of 100Rank 13 of 21Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 9 of 21Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D27 out of 100Rank 18 of 21Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C54 out of 100Rank 10 of 20Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C45 out of 100Rank 16 of 21
Our read on HFXI
CMost developed-market funds make you pick a side on the dollar. HFXI splits the difference, tracking a FTSE index that hedges half its foreign currency exposure back to USD. A deliberate middle path, running since 2015.
The Fund passively seeks to track the performance of the FTSE Developed ex North America 50% Hedged to USD Index before fees and expenses. The index represents developed-market international equities with partial currency hedging against the U.S. dollar.
Why people hold it
- The 50% hedge is written into the index, not left to a manager's judgment. Half the currency exposure is neutralized, in either direction, all the time.
- Roughly 800 developed-market stocks outside the US and Canada, held passively. Broad exposure with no stock-picking layer bolted on.
- Live since 2015 and now a multibillion-dollar fund, paying distributions quarterly.
Worth knowing
- 0.19% a year. The plain unhedged giants (VEA, SPDW, SCHF) charge 0.03%, so the half-hedge carries a real price tag.
- A half hedge cuts both ways: it softens the hit when the dollar climbs and clips the lift when the dollar falls.
- Moderately traded rather than one of the category's volume leaders, so limit orders earn their keep.
HFXI Holdings
- Stocks
- 847
- 16%
- 005930.KS
Sectors
- Financials24.0%
- Industrials18.7%
- Technology16.7%
- Health Care9.1%
- Consumer Discretionary7.6%
- Consumer Staples6.0%
- Materials5.9%
- Energy3.3%
- Communication3.3%
- Utilities3.2%
- Real Estate2.2%
Geography
- Japan24.65%
- United Kingdom11.77%
- South Korea10.38%
- Switzerland8.24%
- Germany7.13%
- France6.91%
- Australia6.12%
- Netherlands5.47%
- 19.33%
Developed 88% · Emerging 12%
HFXI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
HFXI$12,355
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | HFXI |
|---|---|
| Year to date | +14.7% |
| 1 month | −2.6% |
| 3 months | −1.9% |
| 1 year | +23.6% |
| 3 years | +20.2% |
| 5 years | +12.3% |
| 10 years | +11.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | HFXI |
|---|---|---|
| 2026 YTD | +14.7% | |
| 2025 | +30.1% | |
| 2024 | +7.6% | |
| 2023 | +19.6% | |
| 2022 | −10.7% | |
| 2021 | +14.0% | |
| 2020 | +6.9% |
HFXI in the news
HFXI Dividends
- 3.18%
- $1.17
- $0.12 per share
- Quarterly
Distribution history
HFXI Risk
- 11.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.36
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.87
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HFXI Cost
0.19%
HFXI0.19%
- The middle half of Developed International Core funds
- Median 0.09%
12 of the 21 Developed International Core funds charge less.
Other funds in Developed International Core
- CPXFInvesco RAFI Developed Markets ex-U.S. ETFExpense ratio 0.43%1 year return +30.1%
- CGSIDGoldman Sachs MarketBeta International Equity ETFExpense ratio 0.25%1 year return +16.1%
- CTOKiShares MSCI Kokusai ETFExpense ratio 0.25%1 year return +18.3%
- CDBEFXtrackers MSCI EAFE Hedged Equity ETFExpense ratio 0.35%1 year return +21.3%
- CHEFAiShares Currency Hedged MSCI EAFE ETFExpense ratio 0.70%1 year return +22.4%