While currency hedged ETFs are a hot theme, and likely to remain so as the dollar continues strengthening against other developed market currencies, other ETFs are also helping WisdomTree attract assets.
The company offers seven U.S-focused dividend ETFs and nearly 20 international dividend funds, which offer exposure to developed, emerging and frontier markets. An extensive dividend lineup gives WisdomTree exposure to the fund segment that has been one of the primary drivers of asset growth in smart beta ETFs in recent years.
As highlighted by inflows to DXJ, the weak yen has been a boon for WisdomTree, but that ETF is far from the firm’s lone Japan offering. WisdomTree issues seven other yen hedged Japan ETFs and two other Japan funds that are not currency hedged.
That group includes the WisdomTree Japan Hedged Small Cap Fund (NasdaqGM: DXJS), which has needed less than two years on the market to become a $203 million ETF.
Last month, the WisdomTree Japan Dividend Growth Fund (NYSEArca: JDG) debuted. In April, JDG’s currency hedged equivalent, the WisdomTree Japan Hedged Dividend Growth Fund (NYSEArca: JHDG), came to market. [Best of two Worlds in a new Japan ETF]