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%.

WTESEH INFORMATION AND RESEARCH

Index Facts

Index Facts
As of 11/28/2023
Bloomberg Index Symbol WTESEH
Exchange Index Symbol
Index Inception Date 02/09/2015
Base Index Value 200
Number of Components in Index 265
Current Index Value 310.34
Total Return Index Closing Value 399.83
Total Index Market Capitalization ($ Trillion) 0.72
Index MarketCap Breakdown
Large Cap (> $10 Billion) 1.82%
Mid Cap (≥ $2 Billion and ≤ $10 Billion) 81.83%
Small Cap (< $2 Billion) 16.34%

Index Statistics

Index Statistics
As of 11/28/2023
Dividend Yield 4.64
Price/Earnings 10.87
Estimated Price/Earnings 10.04
Price/Book 1.21
Price/Sales 0.62
Price/Cash Flow 5.66
Gross Buyback Yield 1.07
Net Buyback Yield 0.41

Top Components

As of 11/28/2023
*Holdings are subject to change without notice.

Industry Group Breakdown

As of 11/28/2023
*Sectors are subject to change without notice

Country Allocation

As of 11/28/2023
Country Allocation
Country Weight
1. Italy 23.15%
2. France 19.68%
3. Spain 13.77%
4. Germany 12.92%
5. Finland 9.12%
6. Belgium 6.52%
7. Netherlands 6.45%
8. Austria 5.37%
9. Portugal 2.22%
10. Ireland 0.78%

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.