WTEHIP
WisdomTree Europe Hedged Equity Index
The WisdomTree Europe Hedged Equity Index is designed to provide exposure to European equities while at the same time neutralizing exposure to fluctuations between the Euro and 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 based on dividend paying companies in the WisdomTree International Equity Index that are domiciled in Europe and are traded in Euros, have at least $1 billion market capitalization, and derive at least 50% of their revenue in the latest fiscal year from countries outside of Europe. The component securities are weighted in the Index based on annual cash dividends paid with the following caps: maximum individual position capped at 5%, maximum sector weight capped at 25%, and maximum country weight capped at 25%.
Index Facts
Index Facts | |
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As of 05/30/2023
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Bloomberg Index Symbol | WTEHIP |
Exchange Index Symbol | |
Index Inception Date | 07/02/2012 |
Base Index Value | 200 |
Number of Components in Index | 125 |
Current Index Value | 468.17 |
Total Return Index Closing Value | 603.22 |
Total Index Market Capitalization ($ Trillion) | 3.98 |
Index MarketCap Breakdown | |
Large Cap (> $10 Billion) | 85.52% |
Mid Cap (≥ $2 Billion and ≤ $10 Billion) | 14.07% |
Small Cap (< $2 Billion) | 0.41% |
Index Statistics
Index Statistics | |
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As of 05/30/2023
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Dividend Yield | 3.88 |
Price/Earnings | 9.53 |
Estimated Price/Earnings | 10.63 |
Price/Book | 1.56 |
Price/Sales | 0.84 |
Price/Cash Flow | 5.07 |
Gross Buyback Yield | 1.83 |
Net Buyback Yield | 1.46 |
Top Components
Industry Group Breakdown
Country Allocation
Country Allocation | |
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Country | Weight |
1. Netherlands | 25.83% |
2. France | 25.23% |
3. Germany | 24.22% |
4. Spain | 11.44% |
5. Finland | 3.73% |
6. Belgium | 3.43% |
7. Ireland | 2.52% |
8. Italy | 2.37% |
9. Switzerland | 0.64% |
10. Austria | 0.52% |