Key stats
About WisdomTree Dynamic Currency Hedged International Equity Fund
Expense ratio
0.40%
Home page
Inception date
Jan 7, 2016
DDWM offers exposure to dividend-paying international stocks with a dynamic currency hedge for US investors. The fund holds stocks from developed markets outside the US and Canada. Like many WisdomTree funds, DDWM only holds dividend-paying stocks, weighted by total cash dividends over the past 12 months. DDWM departs from its sibling funds by setting currency hedge levels anywhere from 0-100%, reset monthly. To determine the hedge amount, the fund uses three equally weighted inputs: differences in interest rates (the cost of the hedge), momentum (based on 10- and 240-day moving averages) and long-term valuation (purchasing power parity). Variable hedging offers at least the possibility of enjoying more currency upside than downside. Overall, the fund should appeal to investors who want dividend-themed equity exposure with variable, rules-based currency hedging. The index is reconstituted annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks97.39%
Finance23.91%
Consumer Non-Durables9.23%
Producer Manufacturing8.05%
Health Technology7.37%
Utilities6.20%
Consumer Durables4.83%
Energy Minerals4.66%
Communications4.48%
Retail Trade4.01%
Non-Energy Minerals3.91%
Electronic Technology3.41%
Process Industries3.30%
Transportation3.17%
Technology Services2.72%
Distribution Services2.27%
Commercial Services2.17%
Industrial Services1.95%
Consumer Services1.59%
Health Services0.15%
Bonds, Cash & Other2.61%
Cash2.61%
Stock breakdown by region
Europe64.16%
Asia27.85%
Oceania7.42%
Middle East0.57%
North America0.00%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history