HEDJ
WisdomTree Europe Hedged Equity Fund
📎 Investment Objective
The WisdomTree Europe Hedged Equity Fund (HEDJ) seeks to provide investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged Equity Index.
Overview
ETF tracking WisdomTree Europe Hedged Equity Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The WisdomTree Europe Hedged Equity Fund (HEDJ) seeks to provide investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged Equity Index.
🎯 Investment Strategy
HEDJ invests in European equities and uses currency forward contracts to hedge the currency exposure of the underlying securities, seeking to provide returns that track the performance of European stocks while mitigating the impact of fluctuations in the value of the euro relative to the U.S. dollar.
✨ Key Features
- Provides exposure to European equities with a currency hedge to mitigate foreign exchange risk
- Tracks the WisdomTree Europe Hedged Equity Index, which selects and weights companies based on their fundamental factors
- Aims to deliver the performance of European stocks while reducing the impact of euro-U.S. dollar exchange rate movements
- Suitable for investors seeking European equity exposure with a currency hedge
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market and economic conditions
- Currency risk: The currency hedge may not perfectly offset the impact of exchange rate fluctuations, leading to residual currency exposure
- Concentration risk: The fund's performance may be more volatile due to its focus on European equities
- Liquidity risk: The ETF may experience lower trading volumes, which could impact its ability to buy or sell shares at desired prices
👤 Best For
HEDJ may be suitable for investors seeking exposure to European equities with a currency hedge, as part of a diversified portfolio. The fund may be of particular interest to investors concerned about the impact of euro-U.S. dollar exchange rate movements on their European equity investments.