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WTELRH

WisdomTree Europe Hedged Domestic Economy Index

The WisdomTree Europe Hedged Domestic Economy Index is designed to provide exposure to European companies that are most sensitive to economic growth prospects in the Eurozone and that derive more than 50% of their revenue from Europe while at the same time neutralizing exposure to fluctuations of the Euro movements relative to the U.S. dollar. In this sense, the Index “hedges” against fluctuations in the relative value of the Euro against the U.S. dollar. The Index is designed to have higher returns than an equivalent non-currency hedged investment when the Euro is weakening relative to the U.S. dollar. Conversely, the Index is designed to have lower returns than an equivalent unhedged investment when the Euro is rising relative to the U.S. dollar. The Index employs a modified market capitalization weighting process designed to increase weight to companies that have the highest correlation in equity performance to an indicator tied to the economic strength of Europe. The Index was established with a base value of 200 on August 31, 2015.

 

Prior to March 17, 2017, the WisdomTree Europe Domestic Economy Index was named the WisdomTree Europe Hedged Local Recovery Index.

Index Facts

Index Facts
As of 12/11/2017
Bloomberg Index Symbol WTELRH
Exchange Index Symbol
Index Inception Date 09/01/2015
Base Index Value 200
Number of Components in Index 258
Current Index Value 243.98
Total Return Index Closing Value 255.61
Total Index Market Capitalization ($ Trillion) 3.03
Index MarketCap Breakdown
Large Cap (> $10 Billion) 41.15%
Mid Cap (≥ $2 Billion and ≤ $10 Billion) 45.06%
Small Cap (< $2 Billion) 13.79%

Index Statistics

Index Statistics
As of 12/11/2017
Dividend Yield 2.64
Price/Earnings 17.37
Estimated Price/Earnings 15.82
Price/Book 1.55
Price/Sales 0.89
Price/Cash Flow 8.77
Gross Buyback Yield 0.60
Net Buyback Yield -0.96

Top Components

Top Components
Components
As of 12/11/2017
Weight
1. Total SA (FP FP) 1.89%
2. Allianz SE (ALV GY) 1.47%
3. Siemens AG (SIE GY) 1.41%
4. BNP Paribas (BNP FP) 1.25%
5. ING Groep NV (INGA NA) 1.02%
6. Axa SA (CS FP) 0.97%
7. Deutsche Post AG (DPW GY) 0.95%
8. Vinci SA (DG FP) 0.95%
9. Intesa Sanpaolo SpA (ISP IM) 0.86%
10. Societe Generale (GLE FP) 0.74%
Subject to change without notice.

Industry Group Breakdown

Industry Group Breakdown
Industry Group
As of 12/11/2017
Weight
1. Capital Goods 15.43%
2. Banks 13.35%
3. Insurance 9.77%
4. Transportation 9.49%
5. Diversified Financials 7.44%
6. Media 6.42%
7. Software & Services 6.12%
8. Materials 5.91%
9. Energy 5.34%
10. Automobiles & Components 5.04%

Country Allocation

Country Allocation
Country
As of 12/11/2017
Weight
1. France 24.83%
2. Germany 24.44%
3. Italy 16.91%
4. Spain 9.57%
5. Netherlands 7.04%
6. Finland 4.94%
7. Belgium 4.56%
8. Austria 2.96%
9. Ireland 2.79%
10. Portugal 1.92%

Important Information about Index Performance

Index performance does not represent actual fund or portfolio performance. A fund or portfolio may differ significantly from the securities included in the Index. Index performance assumes reinvestment of dividends, but does not reflect any management fees, transaction costs or other expenses that would be incurred by a portfolio or fund, or brokerage commissions on transactions in Fund shares. Such fees, expenses and commissions could reduce returns. WisdomTree Investments, its affiliates and their independent providers are not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.

WisdomTree vs. Comparative Cap-weighted Benchmark Performance

Hypothetical Investment of $10,000

Correlation Matrix of Indexes

Index Volatility

Definitions

  • Index dividend yield is a measure of the annual dividends of the shares of all Index components divided by the Index value.
  • Price/Book Ratio is a ratio used to compare a stock's market value to its book value.
  • Price/Earnings Ratio is a valuation ratio of a company's current share price compared to its per-share earnings.
  • Estimated Price/Earnings is a valuation ratio of a company's current share price compared to the consensus estimates for per-share earnings over the next 12 months.
  • Price/Cash Flow Ratio is a measure of the market's expectations of a firm's future financial health.
  • Price/Sales Ratio is a ratio for valuing a stock relative to its own past performance, other companies or the market itself.
  • Gross Buyback Yield is the amount of a company’s gross share repurchase over the past year to its market capitalization.
  • Net Buyback Yield is the amount of a company’s net share repurchase over the past year to its market capitalization.
  • You cannot invest directly in an index.