DXGE and DBGR added over $28 million in new assets last month. Though both ETFs are well behind the $1.6 billion added to HEWG and the $2.1 billion added to EWG this year, asset growth on a percentage basis for the Deutsche Asset & Wealth Management and WisdomTree offerings has been exponential this year. [Running to Germany ETFs]
For example, DBGR, which celebrates its fourth anniversary next week, has added $192.5 million of its $233.7 million in assets under management this year. After starting 2015 with just over $17 million in assets, DXGE now has $341.3 million in assets. That ETF debuted in October 2013.
With the CurrencyShares Euro Currency Trust (NYSEArca: FXE) down 10% this year, investors have been right to prefer Germany hedged ETFs over EWG. EWG is up nearly 6%, but that is not even half the 16% returned by HEWG. DBGR is the leader among Germany ETFs this year with a gain of almost 17% while DXGE is higher by 15%.
iShares Currency Hedged MSCI Germany ETF