The following features of five polyethylene films used by NASA in the construction of heavy lift balloons have been examined: molecular weight, molecular weight distribution, branching, melting behavior, density, surface texture, birefringence, orientation of crystalline regions, uniaxial deformation in the machine and transverse directions, and the effect of sample geometry and strain rate on deformation behavior. The goal of this exploratory study was to determine whether there are significant differences in any of the above mentioned features, or combination of features between the films. The acquisition of such information is a first step towards determining whether there are any specific correlations between film characteristics and the incidence of catastrophic failure of balloons during ascent through the troposphere. This exploratory study has resulted in the identification of similarities and differences between various features of the films. Close similarities have been found in methyl group content, crystallinity, and peak melting temperature.The preferred orientations in the crystalline regions appear to be qualitatively similar or related. Differences among the films have been revealed in two features, namely between their molecular weights, and in the balance of the strain to break behavior in the machine direction relative to that in the transverse direction.