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.
As of 10/16/2018
|Bloomberg Index Symbol||WTELRH|
|Exchange Index Symbol|
|Index Inception Date||09/01/2015|
|Base Index Value||200|
|Number of Components in Index||280|
|Current Index Value||221.75|
|Total Return Index Closing Value||237.31|
|Total Index Market Capitalization ($ Trillion)||2.71|
|Index MarketCap Breakdown|
|Large Cap (> $10 Billion)||39.05%|
|Mid Cap (≥ $2 Billion and ≤ $10 Billion)||40.31%|
|Small Cap (< $2 Billion)||20.64%|
As of 10/16/2018
|Gross Buyback Yield||0.96|
|Net Buyback Yield||-0.85|
This chart illustrates how hypothetical investment of $10,000 might have grown. The calculations assume reinvestment of dividend and do not reflect transaction and other costs.
Results are not indicative of future 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.
Industry Group Breakdown
As of 10/16/2018Weight