We like to periodically review the top five and bottom five performing exchange-traded funds (ETFs) at WisdomTree in order to see if interesting trends become apparent.
The European Central Bank (ECB) met on September 3 and the press conference afterwards reaffirmed the ECB’s commitment to provide continued monetary policy support. While Draghi didn’t announce additional asset purchases at the meeting, his remarks contained some very dovish messages.
In the current low-interest-rate environment, focusing on dividends has been popular. But currency movements could wipe out any benefit of a dividend-focused approach in developed international equities.
For WisdomTree, when we talk about smart beta, what we are really talking about is a new generation of index-based products that empower investors to explore the core of their portfolios in an attempt to generate better risk-adjusted returns compared to traditional benchmarks.
Prior to the popularization of currency-hedged equity strategies, equity investments outside the U.S. included two trades: the equities and the currency.