Two new exchange-listed index funds issued by WisdomTree have been tradable on Xetra since Thursday. WisdomTree is primarily a Smart Beta ETF provider, using fundamental data to weight companies in the reference index. The new WisdomTree ETFs weight the stock corporations contained in the reference index on the basis of the annual dividends they pay. Companies with higher dividend yields have a heavier weighting.
The WisdomTree Japan Equity UCITS ETF - USD Hedged enables investors to participate in the performance of Japanese companies that generate at least 20 percent of their revenues outside Japan. The currency hedge covers the exchange rate risk of the Japanese yen to the US dollar.
The WisdomTree Europe Equity UCITS ETF - USD Hedged provides investors with access to the performance of European companies that generate at least 50 percent of their revenues outside Europe. This ETF also offers investors the additional benefit of the currency hedge, which reduces euro-US dollar exchange rate risk.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,067 exchange traded funds. This selection, together with an average monthly trading volume of around €13 billion, makes Xetra Europe’s leading trading venue for ETFs.
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