HFXI ETF — NYLI FTSE International Equity Currency Neutral ETF

NYLI FTSE International Equity Currency Neutral ETF (HFXI)

Updated November 6, 2026.

HFXI is a low-cost ETF. Its distribution rate is 1.36%, its trailing-12-month yield is 3.29%, its expense ratio is 0.20%. Dividend Vision Distribution Safety Score™ is 74/100 (Generally safe). Total return is 157.4% over the past 11.3 years, 159.6 points behind SPY at 317.0%.

This ETF tracks an international developed-markets equity index while hedging approximately half of its currency exposure against the U.S. dollar on a monthly basis, aiming to reduce fluctuations from foreign exchange movements. The fund distributes quarterly income at a modest current rate with a low expense ratio. It appeals to income-focused investors seeking international equity exposure with reduced currency volatility.

HFXI performance versus SPY

As of Nov 5, 2026

Total return is 157.4% over the past 11.3 years, 159.6 points behind SPY at 317.0%. Over the past year its total return — price change plus distributions reinvested — is 15.7%. Its deepest 1-year drawdown was 10.8%.

HFXI key facts

Distribution Safety Score™

74 · Generally safe

Safety-Adjusted Yield

1.01%

Issuer

New York Life Investments

Asset type

ETF

Asset class

Equity

Inception date

07/22/2015

Expense ratio

0.20%

Distribution rate

1.36%

Distribution frequency

Quarterly

Trailing yield

3.29%

Last close

$35.55 (as of 2026-11-06)

AUM

$2,428,780,229

Average volume

596,204

Dividend

$0.121

Ex-dividend date

09/18/2026

Payment date

09/22/2026

Beta

0.89

How Dividend Vision calculates yield and returns

Distribution rate (1.36%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.29%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: New York Life Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

HFXI risks and drawbacks

HFXI's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 10.8%.

Who may consider HFXI — and who may not

HFXI may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (HFXI pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on HFXI

• All tickers starting with H

Tagged: International.

Frequently asked questions

More securities from New York Life Investments.