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.
Index Facts
Index Facts | |
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As of 03/31/2023
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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 | |
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As of 03/31/2023
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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
Industry Group Breakdown
Country Allocation
Country Allocation | |
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Country | Weight |
1. Germany | 100.00% |