WisdomTree To Close 1 In 10 ETFs

WisdomTree To Close 1 In 10 ETFs

The issuer will shutter a handful of its currency-hedged and trade-focused ETFs.

Reviewed by: etf.com Staff
Edited by: etf.com Staff

WisdomTree is set to shut down one-tenth of its lineup. Nine of the issuer’s 90 ETFs will see their last day of trading on March 16. The list of doomed ETFs includes several currency-hedged products and three funds designed to capture trade-based trends.

The funds are as follows:

The ETFs are among the smallest in the firm’s offering, with none of them having more than $13 million in assets under management. The year is off to a slow start when it comes to completed closures with the shutdowns of the Nashville Area ETF (NASH) and VelocityShares Daily Inverse VIX Short Term ETN (XIV) the only ones to cease to trade so far in 2018.

However, a wide range of ETF closures are scheduled for later in 2018, including the shutdowns of roughly 50 Barclays-branded ETNs in mid-April.

Contact Heather Bell at [email protected]

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