WisdomTree Europe Hedged Equity FundWisdomTree Europe Hedged Equity FundWisdomTree Europe Hedged Equity Fund

WisdomTree Europe Hedged Equity Fund

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Key stats


Assets under management (AUM)
‪1.50 B‬USD
Fund flows (1Y)
‪18.58 M‬USD
Dividend yield (indicated)
3.01%
Discount/Premium to NAV
0.4%

About WisdomTree Europe Hedged Equity Fund


Issuer
WisdomTree, Inc.
Brand
WisdomTree
Expense ratio
0.58%
Inception date
Dec 31, 2009
Index tracked
WisdomTree Europe Hedged Equity Index
Management style
Passive
HEDJ targets dividend-paying firms and uses forward contracts to remove euro currency exposure for US investors. The fund comes with another twistit screens in favor of firms that get at least half of their sales from exports outside the Eurozone. Such firms should do well when the euro is weak or weakening, and the hedge works in this scenario to protect local gains from getting lost in translation back to greenbacks. The other side is that in a strengthening euro environment, the fund, hit by poor local returns and no FX gain, would lag an unhedged fund by an even greater amount. As a subset of WisdomTree International Equity Index, the underlying index excludes companies with potential higher risk by applying a composite risk factor screen based on financial quality metrics and momentum factor. Additionally, the index is dividend-weighted, capping individual weights at 5% and sector and country weights at 20%. The index is rebalanced and reconstituted annually.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Fundamental
Weighting scheme
Dividends
Selection criteria
Fundamental
What's in the fund
Exposure type
StocksBonds, Cash & Other
Consumer Non-Durables
Finance
Producer Manufacturing
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.