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WTESEH

WisdomTree Europe Hedged SmallCap Equity Index

The WisdomTree Europe Hedged SmallCap Equity Index is designed to provide exposure to the European equity markets 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 is comprised of the bottom 10% of the market capitalization of the European companies traded in Euros from the WisdomTree International Equity Index. The component securities are weighted in the Index based on annual cash dividends paid with the following caps: maximum individual position capped at 2%, maximum sector weight capped at 25%, and maximum country weight capped at 25%.

Index Facts

Index Facts
As of 09/21/2018
Bloomberg Index Symbol WTESEH
Exchange Index Symbol
Index Inception Date 02/09/2015
Base Index Value 200
Number of Components in Index 332
Current Index Value 269.81
Total Return Index Closing Value 297.70
Total Index Market Capitalization ($ Trillion) 0.79
Index MarketCap Breakdown
Large Cap (> $10 Billion) 0.00%
Mid Cap (≥ $2 Billion and ≤ $10 Billion) 76.28%
Small Cap (< $2 Billion) 23.72%

Index Statistics

Index Statistics
As of 09/21/2018
Dividend Yield 4.09
Price/Earnings 14.20
Estimated Price/Earnings 14.39
Price/Book 1.60
Price/Sales 0.60
Price/Cash Flow 8.97
Gross Buyback Yield 0.74
Net Buyback Yield -0.47

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.

Top Components

As of 09/21/2018
*Holdings are subject to change without notice.

Industry Group Breakdown

As of 09/21/2018
*Sectors are subject to change without notice

Country Allocation

Country Allocation
Country
As of 09/21/2018
Weight
1. Italy 24.68%
2. Germany 15.80%
3. France 15.64%
4. Spain 10.94%
5. Finland 10.25%
6. Netherlands 8.01%
7. Austria 5.51%
8. Belgium 4.96%
9. Portugal 3.23%
10. Ireland 0.98%

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.
  • Total Return Index Values assume reinvestment of dividends after the deduction of withholding taxes, which apply to non-U.S. dividends.
  • 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.