Top holdings in the WisdomTree Germany Hedged Equity Index include Deutsche Telekom, Daimler, BMW, Allianz and BASF.
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.
In addition to DXJ, WisdomTree currently issues three other currency hedged ETFs, including the WisdomTree Europe Hedged Equity Fund (NYSEArca: HEDJ), which has $415.6 million in assets.
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of DXJ.