WENHWisdomTree Strategic Metals UCITS ETF - EUR Hedged Acc
ISIN: IE000611IJM30,55 %
Total expense ratio (TER)
Stand 2.7.2026
7. Januar 2025
Auflagedatum
369.974.651 $
Fonds-AUM
Stand 2.7.2026
EUR
Basiswährung
Überblick
Produktbeschreibung
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 Euro, by implementing a FX hedging methodology.
Warum WENH?
- 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.
Potenzielle Risiken
- 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.
Artikel und Forschungsarbeiten
Nitesh Shah
What’s Hot: Oil prices begin pricing the peace
The expected US-Iran MoU has shifted oil market focus from supply disruption to supply recovery. While reopening the Strait of Hormuz could restore oil flows, uncertainties remain around security, insurance and sanctions relief. Iranian production recovery and the UAE's exit from OPEC could boost supply, while weak Asian demand raises the risk of a significant oil surplus emerging in 2027.
- Commodities
Nitesh Shah
What’s Hot: What falling oil Inventories could mean for energy markets
Global oil inventories are falling at a record pace as the Strait of Hormuz disruption removes around 13 million barrels per day of supply. While headline inventories remain high, usable stocks are being depleted rapidly. As inventories approach operational limits, the market's ability to absorb further shocks diminishes, increasing the risk of a sharp spike in oil prices.
- Commodities
- Broad Commodities
Aneeka Gupta
Beijing Without Breakthroughs: What the Trump–Xi Summit Means for Investors
The Trump–Xi Beijing summit delivered managed stability, not structural change. Technology, critical minerals and Taiwan remain unresolved. For investors, two themes stand out: Western supply chain diversification in strategic metals and rare earths, and durable agricultural commodity exposure driven by food security and climate risk, not diplomacy.
- Broad Commodities
- Commodities
- Equities
- US
Nitesh Shah, Aneeka Gupta
Two Shocks, One Direction: The Case for Agricultural Commodities in 2026
Agricultural commodities are re-rating in 2026 as two converging supply shocks — the Iran war's disruption to fertilizer flows through the Strait of Hormuz and a developing El Niño, compress production across grains, oilseeds, and softs simultaneously. 
- Commodities
Wesentliche Informationen
| Produktübersicht | Stand 2.7.2026 |
|---|---|
| ISIN | IE000611IJM3 |
| Assetklasse | Commodities |
| Basiswährung | EUR |
| Auflagedatum | 7. Januar 2025 |
| Währungsgesichert | Nein |
| Frequenz der Dividendenausschüttung | N/A |
| Einkommensverwendung | Accumulating |
| NAV | Stand 2.7.2026 |
|---|---|
| NAV | 13,335 € |
| Tagesveränderung | 0,001 € |
| Tagesrendite | 0,009 % |
| Produkt AUM | 369.974.651 $ |
| Issuer AUM | 16.793.484.483 $ |
Struktur
| Struktur | Stand 2.7.2026 |
|---|---|
| Rechtsform | Irish Collective Asset-management Vehicle (ICAV) |
| Struktur | Open-ended Exchange Traded Fund |
| Replikation | US TBills With Swap Overlay |
| Auflage in | Irland |
| Fund Umbrella | WisdomTree Issuer ICAV |
| Geschäftsjahresende | 31. Dezember |
| OGAW-fähig | Fähig |
| Rechtliches und Steuern | Stand 2.7.2026 |
|---|---|
| ISA | Eligible |
| SIPP | Eligible |
| OGAW-fähig | Yes |
| UK Fund Reporting Status | No |
| PEA-fähig | No |
Wichtige Dienstleister
| Wichtige Dienstleister | Stand 2.7.2026 |
|---|---|
| Depotbank | The Bank of New York Mellon SA/NV, Dublin Branch |
| Verwalter | BNY Mellon Fund Services (Ireland) Designated Activity Company |
| Wirtschaftsprüfer | Deloitte Ireland LLP |
| Fondsmanager | Assenagon Asset Management S.A |
| Gebühren | Stand 2.7.2026 |
|---|---|
| Total expense ratio (TER) | 0,55 % |
| Jährliche Swap-Gebühr | 0,24 % |
Zulassung für
Benchmark-Zusammensetzung
Stand 2.7.2026
| Name | Gewicht (%) |
|---|---|
| Copper (COMEX) | 21.5 |
| Aluminum | 19.75 |
| Nickel | 12.62 |
| Tin | 11.41 |
| Zinc | 11.14 |
| Silver | 11.07 |
| Lead | 6.96 |
| Platinum | 2.19 |
| Cobalt | 1.82 |
| Lithium | 1.54 |
| Remaining Portfolio | 0 |
*Bestandteile können sich ohne Ankündigung ändern.
Sektoraufteilung
Stand 2.7.2026
| Name | Gewicht (%) |
|---|---|
Industrial Metals | 86.75 |
Precious Metals | 13.25 |
Industrial Metal | 0 |
*Sektoren können sich ohne Ankündigung ändern.
Bestandteile
| Name | Gewicht (%) |
|---|---|
| US Treasury Bill (BT9R101) | 11,77 % |
| US Treasury Bill (BVBFK11) | 11,09 % |
| US Treasury Bill (BTWQYX9) | 11,05 % |
| US Treasury Bill (BV3PBJ4) | 10,43 % |
| US Treasury Bill (BVPJDQ5) | 10,04 % |
| US Treasury Bill (BT3F9K7) | 8,87 % |
| US Treasury Bill (BTMT074) | 8,22 % |
| US Treasury Bill (BV2FL84) | 6,89 % |
| US Treasury Bill (BRT7WS2) | 6,58 % |
| US Treasury Bill (BVN7R03) | 6,34 % |
| US Treasury Bill (BVMNBH7) | 5,98 % |
| US Treasury Bill (BXM7C47) | 2,96 % |
| CASH W-O | 0,03 % |
| EURO INCOME A/C | 0,03 % |
| STERLING POUND | 0,02 % |
Börsennotierungen und -ticker
| Land | Börse | Handelswährung | Börsenticker | Bloomberg-Ticker | RIC | SEDOL | ISIN | WKN | Notierungsdatum |
|---|---|---|---|---|---|---|---|---|---|
| Xetra | EUR | WENH | WENH GY | WENH.DE | BQWNRJ6 | IE000611IJM3 | A40V3V | 14.1.2025 |
Index Eckdaten
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 Eckdaten | |
|---|---|
| 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”.
Hinweise
Die in diesem Dokument erörterten Produkte werden von der WisdomTree Issuer ICAV („WT Issuer“) begeben. WT Issuer ist eine als Umbrella-Fonds strukturierte Anlagegesellschaft mit variablem Kapital und Haftungstrennung zwischen den Fonds, die nach irischem Recht als Irish Collective Asset-management Vehicle errichtet und von der Zentralbank von Irland („CBI“) zugelassen wurde. WT Issuer ist als Organismus für gemeinsame Anlagen in Wertpapieren („OGAW“) nach irischem Recht strukturiert und gibt eine separate Anteilsklasse („Anteile“) aus, die jeden Fonds repräsentiert.
Der Fonds wird in den wesentlichen Anlegerinformationen (Key Information Document, KID) bzw. den wesentlichen Anlegerinformationen für britische Anleger (Key Investor Information Document, KIID) und im Prospekt von WT Issuer (der „WT-Prospekt“) beschrieben. Eine Kopie des WT-Prospekts und des KID/KIID ist, ausschließlich für den EWR und das Vereinigte Königreich, in englischer Sprache verfügbar unter www.wisdomtree.com. Wo dies nach nationalen Vorschriften erforderlich ist, ist das KID auch in der Landessprache des jeweiligen EWR-Mitgliedstaates verfügbar. Anleger sollten vor einer Anlage den WT-Prospekt lesen und weitere Informationen zu den mit einer Anlage in den Anteilen verbundenen Risiken dem Abschnitt „Risk Factors“ im WT-Prospekt entnehmen.
Eine Zusammenfassung der mit einer Anlage in dem Fonds verbundenen Anlegerrechte ist in englischer Sprache auf der Website von WisdomTree Europe verfügbar. WisdomTree Management Limited kann für die Vermarktung ihrer Organismen für gemeinsame Anlagen getroffene Vereinbarungen kündigen. Unter diesen Umständen werden die Anteilsinhaber in den betroffenen EWR-Mitgliedstaaten über diese Entscheidung informiert und erhalten die Möglichkeit, ihre Anteile an dem Fonds innerhalb eines Zeitraums von mindestens 30 Werktagen ab dem Datum der entsprechenden Mitteilung frei von Kosten und Abzügen zurückzugeben.