HEDJ and DBEF are not the only hedged euro ETFs attracting new assets. From July 1 through July 17, the Deutsche X-Trackers MSCI Europe Hedged Equity ETF (NYSEArca: DBEU) and the iShares Currency Hedged MSCI EMU ETF (NYSEArca: HEZU) added $137.4 million and $108.2 million, respectively, in new assets.
DBEU tilts toward Europe’s higher quality equity markets nearly 46% of its weight devoted to U.K. and Swiss equities. Although France and Germany are significant parts of DBEU’s lineup, the ETF’s exposure to the Eurozone periphery is small. [Quality With a Europe ETF]
HEZU is a dedicated Eurozone fund with over 60% of its weight allocated to French and German equitis. Spain is the only other country to command a double-digit weight (11.4%) in the fund.
Deutsche X-Trackers MSCI Europe Hedged Equity ETF
Tom Lydon’s client own shares of HEDJ.