A Dividend Focused International ETF That Hedges Currency Risks

“Investors often take on too much currency risk when they invest overseas. For those who do not want to make the timing decision themselves, DHDG will help dynamically adjust currency-hedge ratios based on a data-driven, transparent process. Adopting a dynamic approach with WisdomTree moves investors away from subjective calls and into a disciplined, factor-based approach to currency hedging. We believe our factors – carry, value and momentum – have potential to outperform both hedged and unhedged strategies over time by rotating currency hedges with their cycles,” Jeremy Schwartz, WisdomTree Director of Research, said in a press release.

Top holdings include Unilever 5.8%, British American Tobacco 5.3%, Roche Holding 5.3%, Roche Holding 5.3%, LVMH Moet Hennessy Louis Vuitton 3.0% and Reckitt Benckiser Group 3.0%.

Sector weights include consumer discretionary 20.4%, industrials 19.6%, consumer staples 17.8%, health care 17.5%, information technology 8.7%, financials 4.8%, real estate 4.4%, materials 3.6% and utilities 2.5%.

Country weights include U.K. 18.9%, Switzerland 12.1%, Netherlands 11.0%, Japan 10.4%, France 6.7%, Germany 6.1%, Sweden 5.7%, Spain 5.6%, Australia 5.5%, Hong Kong 5.4%, Denmark 3.8%, Finland 2.4%, Italy 1.4%, Norway 1.4%, Singapore 1.4%, Portugal 0.6%, Belgium 0.6%, New Zealand 0.3%, Ireland 0.3%, China 0.2% and Austria 0.1%.

For more information on new fund products, visit our new ETFs category.