Say Auf Wiedersehen to the Euro With This ETF

Four sectors – automakers and parts suppliers, capital goods, materials and insurance companies – receive double digit weights in the index. The index has a dividend yield of 3.43% and a P/E ratio of almost 17.1, according to WisdomTree data.

DXGE is the fifth currency hedged ETF from WisdomTree and the third introduced by the firm this year.  With $10.9 billion in assets under management, the WisdomTree Japan Hedged Equity Fund (NYSEArca: DXJ) is the largest of those five ETFs. DXJ is also the top asset-gathering ETF this year.

DXGE Sector Breakdown

ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of DXJ.