Daily ETF Watch: Int’l ETF Sans Hedge Filed

WisdomTree plans an unhedged version of its international quality dividend growth ETF.

Reviewed by: Heather Bell
Edited by: Heather Bell

WisdomTree, which has been at the forefront of the wave of currency-hedged ETFs we have seen over the last couple of years, is continuing to expand its lineup with hedged and unhedged versions of different strategies. In one of its latest filings, the firm outlines plans to roll out an unhedged version of its $623 million WisdomTree International Hedged Quality Dividend Growth ETF (IHDG | B-47).

The WisdomTree International Quality Dividend Growth Fund, like IHDG, will track a dividend-weighted index of 300 companies selected from developed markets. The components must be dividend-paying equities that exhibit strong growth and quality characteristics. But unlike its counterpart, the proposed fund will not hedge away currency risk.

The filing did not include an expense ratio or ticker, nor did it indicate a listing exchange.

Contact Heather Bell at [email protected].

Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and resides in the Denver area with her two dogs.