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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

As of 04/28/2017
Bloomberg Index Symbol WTESEH
Exchange Index Symbol
Index Inception Date 02/09/2015
Base Index Value 200
Number of Components in Index 279
Current Index Value 259.53
Total Return Index Closing Value 273.86
Total Index Market Capitalization ($ Trillion) 0.72
Index MarketCap Breakdown
Large Cap (> $10 Billion) 0.00%
Mid Cap (≥ $2 Billion and ≤ $10 Billion) 77.06%
Small Cap (< $2 Billion) 22.94%

Index Statistics

As of 04/28/2017
Dividend Yield 3.22
Price/Earnings 23.56
Estimated Price/Earnings 17.2
Price/Book 1.78
Price/Sales 0.76
Price/Cash Flow 11.38
Gross Buyback Yield 0.39
Net Buyback Yield -0.45

Top Components

Components
As of 04/28/2017
Weight
1. UnipolSai SpA (US IM) 2.29%
2. Eutelsat Communications (ETL FP) 1.84%
3. Hugo Boss AG (BOSS GY) 1.79%
4. Edenred (EDEN FP) 1.44%
5. Nokian Renkaat OYJ (NRE1V FH) 1.34%
6. Metso Oyj (METSO FH) 1.33%
7. bpost SA (BPOST BB) 1.28%
8. Freenet AG (FNTN GY) 1.28%
9. Lagardere SCA (MMB FP) 1.28%
10. K+S AG (SDF GY) 1.26%
Subject to change without notice.

Industry Group Breakdown

Industry Group
As of 04/28/2017
Weight
1. Capital Goods 16.09%
2. Materials 9.20%
3. Media 7.50%
4. Diversified Financials 7.31%
5. Utilities 6.05%
6. Insurance 5.88%
7. Consumer Durables & Apparel 4.60%
8. Transportation 4.50%
9. Automobiles & Components 4.37%
10. Energy 3.62%

Country Allocation

Country
As of 04/28/2017
Weight
1. Italy 22.01%
2. France 18.79%
3. Germany 18.56%
4. Spain 10.61%
5. Finland 10.09%
6. Belgium 6.95%
7. Netherlands 5.89%
8. Austria 3.45%
9. Portugal 2.54%
10. Ireland 1.11%

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.
  • 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.