Some of WisdomTree’s largest offerings are going head-to-head on equal footing with some of the largest fund providers.
For example, the WisdomTree Japan Hedged Equity Fund (NYSEArca: DXJ) has attracted $5.3 billion so far this year as investors sought a way to gain exposure to the rising Japanese markets after the Bank of Japan’s aggressive monetary policies while hedging against a depreciating yen. Now, DXJ has $7.6 billion in assets under management, according to IndexUniverse data, compared to the $10.4 billion iShares MSCI Japan Index Fund (NYSEArca: EWJ), which has gathered $4.1 billion in assets year-to-date. [Japan ETF Rakes in $5 Billion, Rallies to Highest Since July 2008]
For more information on the ETF industry, visit our current affairs category.
Max Chen contributed to this article.