WENGWisdomTree Strategic Metals UCITS ETF - GBP Hedged Acc
ISIN: IE0003XI1PW00.55%
Total expense ratio (TER)
Al 22/07/2026
7 gennaio 2025
Data di lancio
USD 374'009'326
AUM del fondo
Al 22/07/2026
GBP
Valuta di base
Panoramica
Descrizione del prodotto
The WisdomTree Strategic Metals UCITS ETF (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Energy Transition Metals Commodity UCITS Total Return Index (the "Index"). The Index is designed to track the performance of a diversified basket of commodity metals that are associated with energy transition themes, which include, but are not limited to, electric vehicles, transmission, charging, energy storage, solar, wind and hydrogen production. The share class seeks to deliver exposure to the index while at the same time neutralising exposure to fluctuations of the British Pound, by implementing a FX hedging methodology.
Perché WENG?
- The energy transition - the electrification and decarbonisation of the energy system - has become a large driver of demand for metal commodities.
- The ETF offers exposure to a diversified basket of metal commodities that are involved in energy transition technologies, such as electric vehicles, transmission, charging, energy storage, solar, wind, and hydrogen production.
- The research for the selection and weighting of commodities in the Index and, subsequently, the ETF, is conducted by experts in the energy transition space, ensuring the portfolio basket remains focused and relevant.
- Forward looking, with weights assigned to metals in the basket factoring in both energy-transition related demand and market balance.
- Currency volatility is minimised through the use of currency forward contracts.
- The ETF is UCITS compliant.
Rischi potenziali
- Although the Index was created to select commodity metals with a relatively higher exposure to the energy transition theme, there is no guarantee this objective will be achieved.
- An investment in commodities may experience high volatility and should be considered as a longer term investment.
- The performance of commodity futures based indices may differ significantly from commodity spot prices.
- The returns payable on the Fund are dependent on payments received by the Fund from the swap counterparty under the terms of the relevant swap and therefore are subject to the credit risk of the swap counterparty.
- The return of the forward currency contracts, which are rolled on a monthly basis, are designed to minimise currency fluctuations but may not perfectly offset the actual fluctuations.
- This list does not cover all risks-further risks are disclosed in the KIID and Prospectus.
Articoli e documenti di ricerca
Luca Berlanda, Tobias Lazar
What’s Hot: Why the July Iran flare-up reinforces the strategic case for commodities
The latest escalation in the Iran war highlights how quickly market expectations can shift. While oil dominates today's headlines, commodity leadership continues to rotate across sectors. Combined with advances in index construction, this strengthens the case for broad commodity exposure as a strategic allocation in diversified portfolios.
- Commodities
- Broad Commodities
Nitesh Shah
Outlook per l’argento al 2° trimestre del 2027: margine di crescita, ma senza strappi
Il picco di gennaio dell’argento si è attenuato, assestando i prezzi su livelli più sostenibili. Prevediamo che l’argento salirà verso i 70 USD/oncia, sostenuto principalmente da prezzi dell’oro più elevati e da un quadro macroeconomico favorevole. Tuttavia, il risparmio industriale, una domanda più debole nel settore solare cinese, l’allentamento delle tensioni sugli inventari e l’incremento dell’offerta mineraria dovrebbero porre un limite al rialzo.
- Precious Metals
- Materie prime
Nitesh Shah
Outlook per l’oro al 2° trimestre del 2027
Un sano reset fornisce uno scenario costruttivo
- Oro
- Materie prime
- Precious Metals
Aneeka Gupta
What El Niño means for agricultural commodities in 2026
The National Oceanic and Atmospheric Administration (NOAA) has confirmed that a strong El Niño is developing, arriving against a warmer climate baseline and into a fertiliser market already disrupted by the Strait of Hormuz conflict. Cocoa, sugar, coffee and wheat face the sharpest supply risks. For investors, the distribution of outcomes for key agricultural commodities has shifted materially to the upside.
- Materie prime
Informazioni chiave
Panoramica del prodotto | Al 22/07/2026 |
|---|---|
| ISIN | IE0003XI1PW0 |
| Classe di attivi | Commodities |
| Valuta di base | GBP |
| Data di lancio | 7 gennaio 2025 |
| Con copertura valutaria | No |
| Frequenza di distribuzione | N/A |
| Utilizzo dei proventi | Accumulating |
Valore patrimoniale netto | Al 22/07/2026 |
|---|---|
| NAV | USD 14.168 |
| Variazione giornaliera | USD 0.093 |
| Rendimento giornaliero | 0.661% |
| AUM totale del fondo | USD 374'009'326 |
| AUM dell'emittente | USD 16'539'630'943 |
Struttura
Struttura | Al 22/07/2026 |
|---|---|
| Forma giuridica | Irish Collective Asset-management Vehicle (ICAV) |
| Struttura | Open-ended Exchange Traded Fund |
| Metodo di replica | US TBills With Swap Overlay |
| Domicilio | Irlanda |
| Emittente | WisdomTree Issuer ICAV |
| Fine esercizio | 31 Dicembre |
| Conforme UCITS | Sì |
Ulteriori informazioni legali e fiscali | Al 22/07/2026 |
|---|---|
| ISA | Eligible |
| SIPP | Eligible |
| Idoneo UCITS | Yes |
| Status di reporting nel Regno Unito | No |
| Idoneo PEA | No |
Principali fornitori di servizi
Principali fornitori di servizi | Al 22/07/2026 |
|---|---|
| Depositario | The Bank of New York Mellon SA/NV, Dublin Branch |
| Amministratore | BNY Mellon Fund Services (Ireland) Designated Activity Company |
| Revisore | Deloitte Ireland LLP |
| Gestore degli investimenti | Assenagon Asset Management S.A |
Commissioni | Al 22/07/2026 |
|---|---|
| Total expense ratio (TER) | 0.55% |
| Tasso swap annuale | 0.24% |
Paesi registrati
Composizione del benchmark
Al 22/07/2026
Nome | Peso (%) |
|---|---|
| Copper (COMEX) | 21.91 |
| Aluminum | 19.75 |
| Nickel | 12.94 |
| Tin | 11.69 |
| Zinc | 11.11 |
| Silver | 10.58 |
| Lead | 6.81 |
| Platinum | 2.15 |
| Cobalt | 1.67 |
| Lithium | 1.39 |
| Portafoglio rimanente | 0 |
*Holdings are subject to change without notice.
Ripartizione settoriale
Al 22/07/2026
Nome | Peso (%) |
|---|---|
Industrial Metals | 87.27 |
Precious Metals | 12.73 |
Industrial Metal | 0 |
*Sectors are subject to change without notice
Quotazioni e codici
Paese | Borsa | Valuta di negoziazione | Ticker di borsa | Ticker Bloomberg | RIC | SEDOL | ISIN | WKN | Data di quotazione |
|---|---|---|---|---|---|---|---|---|---|
| LSE | GBP | WENG | WENG LN | WENG.L | BS9G9X0 | IE0003XI1PW0 | A40YEJ | 15/01/2025 |
Index Details
WisdomTree Energy Transition Metals Commodity UCITS Index TR
The Index is designed to track the performance of a diversified basket of metal commodities that are associated with the energy transition theme, which include, but are not limited to electric vehicles, transmission, charging, energy storage, solar, wind, and hydrogen production.
The Index was developed by WisdomTree, Inc. (“WT”), in collaboration with third party specialists in the energy transition space. The selection and weighting of index components is based on an intensity rating, created in collaboration with third party specialists, which measures the exposure and growth metrics for each commodity within the usage of energy transition technologies, as well as each commodity’s market balance.
The maximum weight of each commodity is capped at 20% at the rebalance. The Index is reconstituted on a semi-annual basis. Excess and total return versions of the Index are calculated and published.
Index Details | |
|---|---|
| Index Name | WisdomTree Energy Transition Metals Commodity UCITS Index TR |
| Currency | USD |
| Index Provider | WisdomTree, Inc. |
| Bloomberg Ticker | WTETMUTR |
Responsible Investing
SFDR Disclosure
The EU Sustainable Finance Disclosures Regulation (SFDR) took effect on 10 March 2021 as part of the EU Action Plan on Sustainable Finance. The SFDR lays down harmonised sustainability related disclosure rules for EU financial market participants and advisors and requires certain sustainability disclosures to be made for financial products which promote environmental or social characteristics (Article 8 SFDR) and funds which have a sustainable investment objective (Article 9 SFDR).
There are different SFDR product categorisations for these sustainability disclosure requirements:
+ Article 6 products: require disclosures relating to the manner in which sustainability risks are integrated into the decision-making process.
+ Article 8 products: promote, among other characteristics, environmental or social characteristics or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices.
+ Article 9 products: have sustainable investment as their objective
Please refer to EU regulation guidelines for more details: https://www.esma.europa.eu/sections/sustainable-finance
SFDR categorisations | |
|---|---|
SFDR Disclosure | Article 8 |
ESG Characteristics
The fund tracks an index which designed to track the performance of a diversified basket of metals commodities that are associated with energy transition themes, which include, but are not limited to, electric vehicles, transmission, charging, energy storage, solar, wind and hydrogen production. Relevant commodities are selected based on the representativeness of the energy transition themes and liquidity criteria as described in the Index methodology.
Collateral Details
Collateral Structure
Replicating Exposure to Commodities Through a Swap
The Fund aims to track the WisdomTree Energy Transition Metals Commodity UCITS Index (the “Index”). The Fund gains indirect exposure to the constituents of the Index through the use of swaps on the Index. The Fund holds a portfolio of short-term US T-bills.
Structure Diagram
Counterparty Risk Management
Counterparty risk is primarily managed through the daily exchange of collateral between the Fund and its swap provider(s) (also referred to as the swap counterparty).
The value of the collateral required is based on a daily calculation of counterparty exposure using the prior day’s mark-to-market of the swaps and any unsettled cash flowing between the Fund and the swap provider.
Assets posted as collateral may only include cash (US Dollars only) or government bonds of US, UK, France or Germany, with a minimum rating of AA-/Aa3 (“eligible collateral assets”). When valuing the bonds posted as collateral, a haircut is applied to each bond's value based on the issuing country and the bond's maturity. Applying a haircut to the value of eligible collateral typically results in the collateral value exceeding the counterparty exposure and in any exposure being “over-collateralised”.
AVVERTENZE
I prodotti trattati nel presente documento sono emessi da WisdomTree Issuer ICAV ("WT Issuer"). WT Issuer è una società d'investimento multicomparto a capitale variabile con separazione patrimoniale tra i comparti, costituita ai sensi del diritto irlandese in forma di Veicolo di gestione patrimoniale collettivo irlandese e autorizzata dalla Central Bank of Ireland ("CBI"). WT Issuer è costituita in forma di Organismo di Investimento Collettivo in Valori Mobiliari ("OICVM") di diritto irlandese ed emette una classe di azioni separata ("Azioni") rappresentativa di ogni fondo.
Il Fondo è descritto in un Documento contenente le informazioni chiave (KID) o Documento contenente le informazioni chiave per gli investitori (KIID) destinato agli investitori del Regno Unito, nonché nel prospetto di WT Issuer ("Prospetto WT"). Una copia del Prospetto WT e del KID/KIID in lingua inglese è disponibile, esclusivamente per il SEE/Regno Unito, su www.wisdomtree.com. Laddove previsto dalla normativa nazionale, il KID sarà disponibile anche nella lingua locale dello Stato membro del SEE interessato. Per maggiori dettagli sui rischi associati a un investimento nelle Azioni, si invitano gli investitori a leggere il Prospetto WT prima di effettuare l'investimento e a consultare la sezione del Prospetto WT intitolata "Risk Factors".
La descrizione sintetica dei diritti degli investitori associati a un investimento nel fondo è disponibile in lingua inglese sul sito web di WisdomTree Europe. WisdomTree Management Limited può decidere di risolvere gli accordi relativi alla commercializzazione dei suoi organismi di investimento collettivo. In simili circostanze, gli azionisti situati nello Stato membro del SEE interessato riceveranno la comunicazione di tale decisione e avranno la possibilità di chiedere il rimborso della propria partecipazione nel fondo a titolo gratuito o senza alcuna detrazione per almeno 30 giorni lavorativi dalla data della suddetta notifica.