HEDJ

WisdomTree Europe Hedged Equity Fund
B

44
  • Overview
  • Efficiency
  • Tradability
  • Fit

HEDJ Fund Description

The WisdomTree Europe Hedged Equity ETF tracks an index of Eurozone dividend-paying companies that derive a majority of revenue from exports outside the Eurozone. HEDJ is hedged against the euro for US investors.

HEDJ Factset Analytics Insight

HEDJ targets dividend-paying firms, and as the ticker implies, aims to remove euro currency exposure for US investors. But HEDJ adds a third twist: It screens for firms that get at least 50% of their sales from exports outside the Eurozone. Such firms should do well when the euro is weak or weakening, and the hedge works (in the weakening euro scenario) to protect local gains from getting lost in translation back to greenbacks. The other side is that in a strengthening euro environment, the fund, hit by poor local returns and no FX gain, would lag an unhedged fund by an even greater amount. Effectively, HEDJ doubles down on its bet against the euro.

HEDJ charges a hefty fee, but the fund has had no trouble attracting assets. Consequently, it's one of the most liquid ETFs in the developed Europe space—making it ideal for short-term, tactical trades. Consider trading in the morning (New York time), when European markets are still open, for best price discovery.

HEDJ MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of May 17, 2018 the WisdomTree Europe Hedged Equity Fund MSCI ESG Fund Quality Score is 7.17 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. HEDJ ranks in the 78th percentile within its peer group and in the 96th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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HEDJ Top 10 Countries View All

HEDJ Top 10 Sectors

HEDJ Top 10 Holdings View All

HEDJ Summary Data

WisdomTree
12/31/09
Open-Ended Fund
0.58%
$6.47B
$70.16M
0.02%

HEDJ Portfolio Data

$69.47B
17.06
2.06
2.14%
06/19/18
139

HEDJ Index Data

Dividends
Fundamental
MSCI Europe IMI

Related ETFs to HEDJ

HEZU, DBEU, RFEU, HFXE, DBEZ
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

HEDJ Portfolio Management

0.58%
-0.61%
-0.13%
-1.12%

HEDJ Tax Exposures

20.00% / 39.60%
2.24%
Qualified dividends
No

HEDJ Fund Structure

Open-Ended Fund
Yes
Yes
75% / 25%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

HEDJ Factset Analytics Block Liquidity

As of 05/18/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HEDJ. HEDJ is rated a 5 out of 5.

HEDJ Tradability

1,104,353
$70.16M
933,567
$60.45M
0.02%
$0.01
0.00%
2.11% / -3.03%
None
31.00%
50,000
18.67
0.03%
0.07%
50,399
$67.25
5

HEDJ Sector/Industry BreakdownView All

HEDJSegment Benchmark
12.02% 19.60%
11.90% 18.78%
13.18% 14.95%
7.97% 12.35%
22.21% 12.12%
11.26% 9.33%
5.32% 7.06%
7.59% 1.30%

HEDJ Geographic Exposure

HEDJSegment Benchmark
15.38% 28.58%
14.68% 24.99%
5.00% 16.19%
5.54% 14.73%
1.87% 6.89%
1.77% 3.91%
4.32% 2.13%
28.42% 0.89%
0.31% 0.85%

HEDJSegment Benchmark
99.26% 99.71%
0.74% 0.29%
0.00% / 0.00% 0.00% / 0.00%

HEDJ Performance Statistics

0.55
0.82
0.94
0.81
0.49%
MSCI Europe IMI

HEDJ MSCI ESG Ratings

7.17 / 10
77.71
95.57
21.94%
6.20%
128.34

HEDJ BENCHMARK COMPARISON

    HEDJ
    139 Holdings
    Segment Benchmark
    1424 Constituents
    Shared Holdings
    136 (Count)
     
    24.43% (Weight)
HEDJSegment Benchmark
75.68% 90.22%
18.78% 8.81%
5.15% 0.96%
0.39% 0.00%
3.21% 2.83%
-- Medium

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