WisdomTree Investments (NasdaqGS: WETF), the fifth-largest U.S. issuer of exchange traded funds, said today that it now has 10 ETFs with at least $1 billion in assets under management.
The WisdomTree India Earnings Fund (NYSEArca: EPI), the largest India ETF, is the newest member of WisdomTree’s $1 billion club. India ETFs are trading lower Monday, but funds such as EPI benefited leading up to and following the country’s recent national election. Investors have poured more than $180 million into EPI since the start of the second quarter. [After Election, Will Investors Return to India ETFs?]
With almost $10.5 billion in assets under management, the WisdomTree Japan Hedged Equity Fund (NYSEArca: DXJ) is New Yokr-based WisdomTree’s largest ETF.
Including EPI, three WisdomTree emerging markets ETFs combine for $6.9 billion in assets under management. The other two ETFs are the WisdomTree Emerging Markets Equity Income Fund (NYSEArca: DEM) and the WisdomTree Emerging Markets SmallCap Dividend Fund (NYSEArca: DGS).
“Our ten largest ETFs tell an important story: when you look at our breakdown of AUM by region, we are building a strong and increasingly balanced business,” said WisdomTree CEO and President Jonathan Steinberg in a statement.
WisdomTree is also one of the largest issuer of U.S.-focused dividend ETFs with eight such products. Four – the WisdomTree LargeCap Dividend Fund (NYSEArca: DLN), WisdomTree MidCap Dividend Fund (NYSEArca: DON), WisdomTree SmallCap Dividend Fund (NYSEArca: DES) and the WisdomTree Dividend ex-Financials Fund (NYSEArca: DTN) – combine for $4.9 billion in assets, according to the statement.
WisdomTree’s AUM total has also benefited from resurgent European equities as the WisdomTree Europe SmallCap Dividend Fund (NYSEArca: DFE) and the WisdomTree Europe Hedged Equity Fund (NYSEArca: HEDJ) combine for $2.9 billion in assets. Both ETFs topped $1 billion in assets earlier this year. [Small-Cap Europe ETF Reaches $1B in AUM]
Other WisdomTree ETFs that could be the next to enter the $1 billion club include the $850 million actively managed WisdomTree Emerging Markets Local Debt Fund (NYSEArca: ELD) and the $846.4 million WisdomTree Equity Income Fund (NYSEArca: DHS).
Overall, the firm has almost $34 billion in AUM across nearly 70 ETFs. The company is the only publicly traded pure play ETF sponsor. Shares of WisdomTree are up nearly 1% today on more than double the average daily volume.
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of DEM, DTN and HEDJ.