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
Stocks99.96%
Finance24.26%
Consumer Non-Durables9.27%
Producer Manufacturing8.29%
Health Technology7.83%
Utilities6.40%
Energy Minerals4.96%
Consumer Durables4.67%
Communications4.61%
Non-Energy Minerals4.18%
Retail Trade4.12%
Process Industries3.56%
Electronic Technology3.43%
Transportation3.29%
Technology Services2.65%
Distribution Services2.44%
Commercial Services2.19%
Industrial Services2.00%
Consumer Services1.66%
Health Services0.15%
Bonds, Cash & Other0.04%
Cash0.04%
Stock breakdown by region
Europe64.82%
Asia27.09%
Oceania7.59%
Middle East0.49%
North America0.00%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history