WisdomTree Europe Hedged Equity Fund (NYSEArca: HEDJ)
2014 Performance: Up 2.2%
Comment: Admittedly, calling the WisdomTree Europe Hedged Equity Fund “unheralded” is not entirely accurate. After all, HEDJ is home to $912.4 million in assets as of Feb. 21. Once upon a time, HEDJ was somewhat obscure when it was a multi-region, multi-currency fund. In the second half of 2012, WisdomTree smartly reconfigured the ETF to focus on exporters based in Eurozone countries.
Germany, France and the Netherlands combine for about two-thirds of HEDJ’s country weight. The ETF tracks the WisdomTree Europe Hedged Equity Index (WTEHIP), which mandates constituent companies derive at least 50% of their revenue in the latest fiscal year from countries outside of Europe.