The other WisdomTree currency ETF will track commodity currencies from countries such as Australia, Brazil, Canada, New Zealand, South Africa and others with economies tied to their respective reserves of natural resources.
Investment inflows into commodities in 2009 surpassed those of 2008, and investors have been more than compensating for the weak physical demand. Long-only commodity ETFs have seen about $3 billion in new assets since November, as net cash flow was more than triple October’s total. It was also the biggest influx since summer. [ETF Spotlight: Commodity-Index Trust.]
For more information on currencies, visit our currency ETFs category.
Max Chen contributed to this article.