USWD features a 24.4% weight to the export-heavy technology sector with healthcare and industrial names combining for another 34.2%. No stock accounts for more than 1.91% of the new ETF’s weight. Top 10 holdings include Dow components Apple (NasdaqGS: AAPL), General Electric (NYSE: GE), Exxon Mobil (NYSE: XOM) and Johnson & Johnson (NYSE: JNJ).
Companies found in USWD’s underlying index “are firms that derived at least 40% of their revenue from exports, which means they tend to be more impacted by a strong-dollar environment, as they are focused on selling their goods and services abroad. Similarly, during a weak-dollar period, we’d expect these firms to become more competitive in selling their goods abroad,” according to WisdomTree. [How the Dollar Affects Tech Stocks]
Both new ETFs charge 0.33% per year.
WisdomTree Strong Dollar U.S. Equity Fund Allocations
Table Courtesy: WisdomTree