Key stats
About WisdomTree Dynamic International Equity Fund
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Inception date
Jan 7, 2016
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
WisdomTree Asset Management, Inc.
Distributor
Foreside Fund Services LLC
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. Prior to April 30, 2025, the term 'currency hedged' was removed from both the fund's name and its index name.
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
Stocks99.77%
Finance26.12%
Consumer Non-Durables9.33%
Producer Manufacturing7.69%
Health Technology7.13%
Utilities6.83%
Consumer Durables5.02%
Communications4.95%
Energy Minerals4.47%
Retail Trade3.91%
Non-Energy Minerals3.73%
Electronic Technology3.53%
Transportation3.08%
Process Industries3.05%
Technology Services2.69%
Industrial Services2.32%
Distribution Services2.15%
Commercial Services2.11%
Consumer Services1.55%
Health Services0.12%
Bonds, Cash & Other0.23%
Cash0.23%
Stock breakdown by region
Europe66.20%
Asia26.16%
Oceania6.78%
Middle East0.63%
North America0.21%
Africa0.03%
Latin America0.00%
Top 10 holdings
Dividends
Dividend payout history