Cementing the exponential growth of currency hedged ETFs, including HEDJ and DBEF, four of this year’s top 10 asset-gathering ETFs are currency hedged funds. The other two are the WisdomTree Japan Hedged Equity Fund (NYSEArca: DXJ) and the iShares Currency Hedged MSCI EAFE ETF (NYSEArca: HEFA). [Momentum for Currency Hedged ETFs]
“Year-to-date products listed in Europe gathered US$39.2 billion which is significantly more than the prior record of US$26.4 billion gathered over the same period in 2014. ETFs/ETPs listed in Japan gathered US$14.5 billion, which is slightly higher than the US$14.3 billion gathered during the same period in 2014, and ETFs/ETPs listed in Canada gathered US$5.6 Bn which is slightly higher than the prior record of US$5.5 Bn gathered in the first 5 months of 2012,” according to ETFGI.
In May, the top issuer for new assets added was Vanguard with $5.2 billion. Huatai-PB added $3.4 billion in new assets while WisdomTree (NasdaqGS: WETF) and First Trust tacked on $1.7 billion and $1.6 billion in new assets, respectively.
Chart Courtesy: ETFGI