What is HEDJ?

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

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HEDJ 7.03% 9.35% -6.27% -3.00% 4.30% 5.00% 8.42%
HEDJ (NAV) 7.43% 9.18% -6.85% -2.69% 4.17% 4.94% 8.43%
MSCI Europe IMI 10.87% 7.23% -16.85% -12.39% 2.32% 1.98% 5.11%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HEDJ Factset Analytics Insight

HEDJ targets dividend-paying firms and uses forward contracts to remove euro currency exposure for US investors. The fund comes with another twist—it screens in favor of firms that get at least half 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 this 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. As a subset of WisdomTree International Equity Index, the underlying index excludes companies with potential higher risk by applying a composite risk factor screen based on financial quality metrics and momentum factor. Additionally, the index is dividend-weighted, capping individual weights at 5% and sector and country weights at 20%. The index is rebalanced and reconstituted annually.

HEDJ Summary Data

12/31/09
0.58%
$1.30B
WisdomTree Europe Hedged Equity Index
MSCI Europe IMI
Open-Ended Fund

Peers

MSCI Europe IMI

Fund Flows

$0.00B 5 Days
-$0.01B 30 Days
-$0.18B 90 Days

HEDJ Portfolio Data

$72.60B
10.83
1.65
3.04%
N/A
131

HEDJ Index Data

WisdomTree Europe Hedged Equity Index
Dividends
Fundamental
MSCI Europe IMI

HEDJ Portfolio Management

0.58%
-0.42%
-0.03%
-0.64%

HEDJ Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

HEDJ Fund Structure

Open-Ended Fund
Yes
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 11/30/22

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

49,770
$3.35M
43,207
$2.99M
0.26%
$0.17
0.01%
1.85% / -2.14%
None
31.36%
50,000
0.86
0.03%
0.13%
176
$73.02
5

HEDJ Sector/Industry Breakdown

HEDJ Segment
Benchmark
21.12% --
15.06% --
10.40% --
9.94% --
8.17% --
7.79% --
7.63% --
3.53% --
3.39% --
2.86% --

HEDJ Top 10 Holdings

6.54%
4.29%
3.84%
3.84%
3.71%
3.60%
3.58%
3.53%
3.52%
3.06%
39.52%

HEDJ Performance Statistics

0.85
0.79
0.81
0.78
0.64%
MSCI Europe IMI

HEDJ Countries

HEDJ Segment
Benchmark
26.98% 16.64%
24.59% 11.73%
16.91% 6.11%
9.17% 3.76%
7.45% 0.70%
4.90% 1.70%
3.95% 1.74%
2.64% 3.83%
2.17% 25.24%
0.69% 0.39%

HEDJ Regions

HEDJ Segment
Benchmark
92.55% 99.30%
7.45% 0.70%

HEDJ Economic Development

HEDJ Segment
Benchmark
100.00% 99.98%
0.00% 0.02%

HEDJ Benchmark Comparison Holdings

131
1459
124
21.85%

HEDJ Benchmark Comparison Summary

HEDJ Segment
Benchmark
131 1459
$72.60B $76.80B
10.83 12.15
1.65 1.67
3.28% 3.31%
Medium Low

HEDJ Benchmark Comparison Market Cap Size

HEDJ Segment
Benchmark
81.45% 76.97%
14.25% 16.35%
3.92% 5.86%
0.02% 0.71%

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