MSCI EAFE 100% Hedged to USD Index

The MSCI EAFE 100% Hedged to USD Index represents a close estimation of the performance that can be achieved by hedging the currency exposures of its parent index, the MSCI EAFE Index, to the USD, the 'home' currency for the hedged index. The index is 100% hedged to the USD by selling each foreign currency forward at the one-month Forward rate. The parent index is composed of large and mid cap stocks across Developed Markets countries and its local performance is calculated in different currencies, including the Euro.

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Index code	124670
Index type	Equity Hedged
Benchmark administrator	MSCI LIMITED
Div Yld (%)	2.67
P/E	17.43
P/E Fwd	14.79
P/BV	2.31

Number of constituents	656
Index Market Cap	$21.49 T
Largest constituent Market Cap	$703.99 B
Smallest constituent Market Cap	$2.33 B
Average constituent Market Cap	$32.76 B
Median constituent Market Cap	$14.79 B
Does this benchmark pursue ESG objectives?	No

Data as of Sept. 30, 2026

		Annualized std dev (%)²	Sharpe ratio^2,3	Maximum drawdown
MSCI EAFE 100% Hedged to USD Index	0.00	9.50	10.94	11.85	1.45	0.91	0.84	54.60	2007-07-16 - 2009-03-09
MSCI EAFE Index	4.02	13.02	15.56	15.04	1.02	0.42	0.49	60.41	2007-10-31 - 2009-03-09

Ticker	Provider	Name	Product type	Index name	Currency
DBEF US	DWS	Xtrackers MSCI EAFE Hedged Equity ETF	ETF	MSCI EAFE 100% Hedged to USD Index	USD
HEFA US	iShares	iShares Currency Hedged MSCI EAFE ETF	ETF	MSCI EAFE 100% Hedged to USD Index	USD

ESG metrics

Summary

MSCI EAFE 100% Hedged to USD Index

Implied Temperature Rise

> 2.0°C - < 3.2°C

99.4% coverage

MSCI EAFE Index

Implied Temperature Rise

> 2.0°C - < 3.2°C

99.4% coverage

MSCI EAFE 100% Hedged to USD Index	Score	Coverage
ESG Score	7.9	100.0%
UN Global Compact Violations % (*)	0.0%	100.0%
Red Flag ESG Controversies % (*)	0.0%	100.0%

MSCI EAFE Index	Score	Coverage
ESG Score	7.9	100.0%
UN Global Compact Violations % (*)	0.0%	100.0%
Red Flag ESG Controversies % (*)	0.0%	100.0%

(*) Additional ESG factor not mentioned in the regulation but provided for transparency purposes.

Data available as of Sept. 2026. The information was updated as part of the regular monthly update cycle. Data available as of Sept. 2026. The information was updated as part of the regular monthly update cycle.

MSCI ESG and climate ratings, research and data are produced by MSCI Solutions LLC, a subsidiary of MSCI Inc. MSCI Sustainability Indexes, Analytics, Real Assets, and Private Capital Solutions are products of MSCI Inc. that utilize information from MSCI Solutions LLC. MSCI Indexes are administered by MSCI Limited and MSCI Deutschland GmbH.

Consolidated environmental rating distribution

MSCI EAFE 100% Hedged to USD Index

MSCI EAFE Index

MSCI EAFE 100% Hedged to USD Index	Score	Coverage
Environmental Pillar Score	6.2	100.0%
Aggregated Climate VaR %	-21.2%	--
Policy Risk Climate VaR %	-19.4%	99.7%
Technology Opportunities Climate VaR %	2.3%	84.6%
Physical Risk Climate VaR %	-5.6%	99.7%
Fossil Fuel-Based Sector Exposure (NACE) %	9.7%	100.0%
Enterprise Carbon Intensity (t CO2e/$M EVIC)	472.7	99.8%
Reported Emissions %	97.7%	--
Estimated Emissions %	2.3%	--
Wtd Avg Carbon Intensity (t CO2e/$M Sales)	1079.6	99.8%
High Climate Impact Sector Exposure %	62.1%	100.0%
Fossil Fuel Reserves % (*)	8.0%	100.0%
Green Revenue	4.9	100.0%
Green Capex %	1.3%	13.3%
Green Bonds % (**)	--	--

MSCI EAFE Index	Score	Coverage
Environmental Pillar Score	6.2	100.0%
Aggregated Climate VaR %	-21.2%	--
Policy Risk Climate VaR %	-19.4%	99.7%
Technology Opportunities Climate VaR %	2.3%	84.6%
Physical Risk Climate VaR %	-5.6%	99.7%
Fossil Fuel-Based Sector Exposure (NACE) %	9.7%	100.0%
Enterprise Carbon Intensity (t CO2e/$M EVIC)	472.7	99.8%
Reported Emissions %	97.7%	--
Estimated Emissions %	2.3%	--
Wtd Avg Carbon Intensity (t CO2e/$M Sales)	1079.6	99.8%
High Climate Impact Sector Exposure %	62.1%	100.0%
Fossil Fuel Reserves % (*)	8.0%	100.0%
Green Revenue	4.9	100.0%
Green Capex %	1.3%	13.3%
Green Bonds % (**)	--	--

(*) Additional ESG factor not mentioned in the regulation but provided for transparency purposes.

(**) The universe of self-labelled green bonds is sourced from Refinitiv and Climate Bonds Initiative. Bonds included in the MSCI Fixed Income Indexes that are not identified as selflabelled green bonds based on data from Refinitiv and Climate Bonds Initiative are deemed non-compliant with the green bond criteria as defined by the MSCI ESG Research Green Bond Assessment methodology. Such bonds are counted towards the Coverage %.

MSCI EAFE 100% Hedged to USD Index	Score	Coverage
Social Pillar Score	5.2	100.0%
Controversial Weapons %	0.0%	100.0%
Tobacco Involvement - Highly Restrictive %	1.0%	--
Tobacco Involvement - Moderately Restrictive % (*)	0.8%	100.0%
Social Violations (Count)	0.0	100.0%
Social Violations (% of Constituents)	0.0%	100.0%
Lack of Due Diligence Policy (ILO) %	8.8%	100.0%
Gender Pay Gap	17.9	94.4%
Female:Male Board Diversity Ratio	64.8	100.0%
Total Recordable Injury Rate	2.9	93.4%
Bribery and Corruption Controversies (Sum)	30.0	100.0%

MSCI EAFE Index	Score	Coverage
Social Pillar Score	5.2	100.0%
Controversial Weapons %	0.0%	100.0%
Tobacco Involvement - Highly Restrictive %	1.0%	--
Tobacco Involvement - Moderately Restrictive % (*)	0.8%	100.0%
Social Violations (Count)	0.0	100.0%
Social Violations (% of Constituents)	0.0%	100.0%
Lack of Due Diligence Policy (ILO) %	8.8%	100.0%
Gender Pay Gap	17.9	94.4%
Female:Male Board Diversity Ratio	64.8	100.0%
Total Recordable Injury Rate	2.9	93.4%
Bribery and Corruption Controversies (Sum)	30.0	100.0%

MSCI EAFE 100% Hedged to USD Index	Score	Coverage
Governance Pillar Score	6.8	100.0%
Board Independence	76.6	100.0%
Board Gender Diversity	37.5	100.0%

MSCI EAFE Index	Score	Coverage
Governance Pillar Score	6.8	100.0%
Board Independence	76.6	100.0%
Board Gender Diversity	37.5	100.0%

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MSCI EAFE 100% Hedged to USD Index

Score

Coverage

ESG Score

7.9

100.0%

UN Global Compact Violations % (*)

0.0%

100.0%

Red Flag ESG Controversies % (*)

0.0%

100.0%

MSCI EAFE Index

Score

Coverage

ESG Score

7.9

100.0%

UN Global Compact Violations % (*)

0.0%

100.0%

Red Flag ESG Controversies % (*)

0.0%

100.0%

MSCI EAFE 100% Hedged to USD Index

Score

Coverage

Environmental Pillar Score

6.2

100.0%

Aggregated Climate VaR %

-21.2%

Policy Risk Climate VaR %

-19.4%

99.7%

Technology Opportunities Climate VaR %

2.3%

84.6%

Physical Risk Climate VaR %

-5.6%

99.7%

Fossil Fuel-Based Sector Exposure (NACE) %

9.7%

100.0%

Enterprise Carbon Intensity (t CO2e/$M EVIC)

472.7

99.8%

Reported Emissions %

97.7%

Estimated Emissions %

2.3%

Wtd Avg Carbon Intensity (t CO2e/$M Sales)

1079.6

99.8%

High Climate Impact Sector Exposure %

62.1%

100.0%

Fossil Fuel Reserves % (*)

8.0%

100.0%

Green Revenue

4.9

100.0%

Green Capex %

1.3%

13.3%

Green Bonds % (**)

MSCI EAFE Index

Score

Coverage

Environmental Pillar Score

6.2

100.0%

Aggregated Climate VaR %

-21.2%

Policy Risk Climate VaR %

-19.4%

99.7%

Technology Opportunities Climate VaR %

2.3%

84.6%

Physical Risk Climate VaR %

-5.6%

99.7%

Fossil Fuel-Based Sector Exposure (NACE) %

9.7%

100.0%

Enterprise Carbon Intensity (t CO2e/$M EVIC)

472.7

99.8%

Reported Emissions %

97.7%

Estimated Emissions %

2.3%

Wtd Avg Carbon Intensity (t CO2e/$M Sales)

1079.6

99.8%

High Climate Impact Sector Exposure %

62.1%

100.0%

Fossil Fuel Reserves % (*)

8.0%

100.0%

Green Revenue

4.9

100.0%

Green Capex %

1.3%

13.3%

Green Bonds % (**)

ASML HLDG	3.28%
HSBC HOLDINGS (GB)	1.59%
ROCHE HOLDING PART	1.37%
SHELL	1.28%
NOVARTIS	1.22%
MITSUBISHI UFJ FIN GRP	1.17%
ASTRAZENECA	1.15%
NESTLE	1.09%
SIEMENS	1.05%
BHP GROUP (AU)	1.00%

		Annualized std dev (%)²			Sharpe ratio^2,3			Maximum drawdown
Index	Turnover(%)¹	3 YR	5 YR	10 YR	3 YR	5 YR	10 YR	%	Period YYYY-MM-DD
MSCI EAFE 100% Hedged to USD Index	0.00	9.50	10.94	11.85	1.45	0.91	0.84	54.60	2007-07-16 - 2009-03-09
MSCI EAFE Index	4.02	13.02	15.56	15.04	1.02	0.42	0.49	60.41	2007-10-31 - 2009-03-09

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MSCI EAFE 100% Hedged to USD Index

Index risk and return characteristics

Top 10 constituents

Sector weights

Country weights

2 index-linked ETPs

ESG metrics

Summary

MSCI EAFE 100% Hedged to USD Index

MSCI EAFE Index

Consolidated environmental rating distribution

MSCI EAFE 100% Hedged to USD Index

MSCI EAFE Index

Consolidated social rating distribution

MSCI EAFE 100% Hedged to USD Index

MSCI EAFE Index

Consolidated governance rating distribution

MSCI EAFE 100% Hedged to USD Index

MSCI EAFE Index

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ESG metrics

Summary

MSCI EAFE 100% Hedged to USD Index

MSCI EAFE Index

Consolidated environmental rating distribution

MSCI EAFE 100% Hedged to USD Index

MSCI EAFE Index

Consolidated social rating distribution

MSCI EAFE 100% Hedged to USD Index

MSCI EAFE Index

Consolidated governance rating distribution

MSCI EAFE 100% Hedged to USD Index

MSCI EAFE Index

Index risk and return characteristics

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