WTGEH

WisdomTree Germany Hedged Equity Index

The WisdomTree Germany Hedged Equity Index is designed to provide exposure to Germany 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 consists of dividend-paying companies incorporated in Germany and traded on German Stock Exchanges that derive less than 80% of their revenue from sources in Germany. By excluding companies that derive 80% or more of their revenue from Germany, the Index is tilted towards companies with a more significant global revenue base. The Index was established with a base value of 200 on April 30, 2013 and is calculated in US dollars.

WTGEH INFORMATION AND RESEARCH

Index Facts

Index Facts
As of 03/31/2023
Bloomberg Index Symbol WTGEH
Exchange Index Symbol
Index Inception Date 05/01/2013
Base Index Value 200
Number of Components in Index 60
Current Index Value 372.89
Total Return Index Closing Value 470.05
Total Index Market Capitalization ($ Trillion) 1.46
Index MarketCap Breakdown
Large Cap (> $10 Billion) 89.15%
Mid Cap (≥ $2 Billion and ≤ $10 Billion) 10.15%
Small Cap (< $2 Billion) 0.70%

Index Statistics

Index Statistics
As of 03/31/2023
Dividend Yield 4.12
Price/Earnings 8.93
Estimated Price/Earnings 10.72
Price/Book 1.41
Price/Sales 0.65
Price/Cash Flow 6.21
Gross Buyback Yield 1.65
Net Buyback Yield 1.03

Top Components

As of 03/31/2023
*Holdings are subject to change without notice.

Industry Group Breakdown

As of 03/31/2023
*Sectors are subject to change without notice

Country Allocation

As of 03/31/2023
Country Allocation
Country Weight
1. Germany 100.00%

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.