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ETFs

WisdomTree Dynamic Currency Hedged International Equity Fund

DDWM
$--
Today’s Change
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Snapshot
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Inception Date
Jan 07 2016
Expense Ratio
0.40%
Type
Global Ex. US Equities
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$732,552
AUM
$242,447,247
Associated Index
WisdomTree Dynamic Currency Hedged International Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

ENB26B
Enbridge Inc - 5.969% NT REDEEM 08/03/2026 USD 2000
2.75%
APC5565389
Western Midstream Operat 6.15% 4/1/2033
2.75%
ENB26B
Enbridge Inc - 5.969% NT REDEEM 08/03/2026 USD 2000
2.75%
BHP
BHP Group Limited
2.36%
ENB26B
Enbridge Inc - 5.969% NT REDEEM 08/03/2026 USD 2000
2.23%
APC5565389
Western Midstream Operat 6.15% 4/1/2033
2.23%
ENB26B
Enbridge Inc - 5.969% NT REDEEM 08/03/2026 USD 2000
2.23%
NOVN
Novartis AG - Registered Shares
1.32%
SHEL
Shell Plc
1.22%
APC5565389
Western Midstream Operat 6.15% 4/1/2033
1.21%
Invest with DDWM

What is DDWM?

WisdomTree Dynamic Currency Hedged International Equity Fund seeks to track the performance of dividend-paying companies in the industrialized world outside of the U.S. and Canada while at the same time dynamically hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the U.S. dollar. The WisdomTree Dynamic Currency Hedged International Equity Index is a fundamentally weighted Index that measures the performance of dividend-paying companies in the industrialized world, excluding Canada and the United States, and is designed to remove from index performance the impact of changes to the value of foreign currencies relative to the U.S. dollar with a hedge ratio ranging from 0 to 100% on a monthly basis. The Index is comprised of companies incorporated in 15 developed European countries, Japan, Australia, New Zealand, Hong Kong, Israel and Singapore. Companies are weighted in the Index based on annual cash dividends paid. The Index was established with a base value of 200 on October 30, 2015 and is calculated in US dollars and is updated to reflect market prices and exchange rates. Closing or last-sale prices are used when non-U.S. markets are closed.

ETFs related toDDWM

ETFs correlated to DDWM include EFV, PXF, HFXI

DDWM
WisdomTree Trust - WisdomTree Dynamic Currency Hedged International Equity Fund
EFV
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Value ETF
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. ETF
HFXI
IndexIQ ETF Trust - IQ FTSE International Equity Currency Neutral ETF
DWM
WisdomTree Trust - WisdomTree International Equity Fund
DFIV
Dimensional ETF Trust - Dimensional International Value ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
FNDF
Schwab Strategic Trust - Schwab Fundamental International Large Company Index ETF
IVLU
BlackRock Institutional Trust Company N.A. - iShares MSCI Intl Value Factor ETF
MFDX
Pimco Equity Series - PIMCO RAFI Dynamic Multi-Factor International Equity ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

DDWM is a Global Ex. US Equities ETF. WisdomTree Dynamic Currency Hedged International Equity Fund seeks to track the performance of dividend-paying companies in the industrialized world outside of the U.S. and Canada while at the same time dynamically hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the U.S. dollar. The WisdomTree Dynamic Currency Hedged International Equity Index is a fundamentally weighted Index that measures the performance of dividend-paying companies in the industrialized world, excluding Canada and the United States, and is designed to remove from index performance the impact of changes to the value of foreign currencies relative to the U.S. dollar with a hedge ratio ranging from 0 to 100% on a monthly basis. The Index is comprised of companies incorporated in 15 developed European countries, Japan, Australia, New Zealand, Hong Kong, Israel and Singapore. Companies are weighted in the Index based on annual cash dividends paid. The Index was established with a base value of 200 on October 30, 2015 and is calculated in US dollars and is updated to reflect market prices and exchange rates. Closing or last-sale prices are used when non-U.S. markets are closed.

DDWM tracks the WisdomTree Dynamic Currency Hedged International Equity Index.

DDWM dividend information: Dividend - Regular Payors. Dividend payouts may vary in terms of frequency of payouts.

No, DDWM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DDWM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DDWM is 0.0254%. This is the percent change in the value of DDWM over the most recent 1-month period. The 3-month return on DDWM is 0.015%. This is the percent change in the value of DDWM over the most recent 3-month period.

The standard deviation of DDWM for the past year is 0.1359%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DDWM include DGS, DWX, and DXJ.

ETFs correlated to DDWM include EFV, PXF, and HFXI.

ETFs that are inversely correlated to DDWM include EFZ, EPV, and FAZ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.