WisdomTree Europe Hedged Equity Fun.. (HEDJ)
Exchange: USA Stocks • Country: USA • Currency: USD • Type: Etf • ISIN: US97717X7012 • Europe Stock
The WisdomTree Europe Hedged Equity Fund (HEDJ) is a unique investment opportunity that allows you to tap into the European equity market while minimizing the impact of currency fluctuations. By investing at least 95% of its assets in securities that closely track the performance of the underlying index, the fund provides broad exposure to European equities, particularly those of European exporters.
The index itself is dividend-weighted, meaning that companies with higher dividend payouts have a greater influence on the index's performance. This approach helps to identify companies with a strong financial position and a history of distributing profits to shareholders.
What sets this fund apart is its hedging strategy, which is designed to neutralize the impact of exchange rate fluctuations between the U.S. dollar and the euro. This means that investors can focus on the performance of the underlying European equities without worrying about the effects of currency volatility.
As a non-diversified fund, the WisdomTree Europe Hedged Equity Fund (HEDJ) is focused on achieving its investment objectives through a targeted approach. By investing in a concentrated portfolio of European equities, the fund aims to provide investors with a unique combination of income generation and capital appreciation.
For more information about the WisdomTree Europe Hedged Equity Fund (HEDJ), you can visit the WisdomTree website at http://www.wisdomtree.com. The fund is domiciled in the United States and offers a compelling opportunity for investors seeking exposure to European equities with a unique twist.
Drawdown (Underwater) Chart
HEDJ ETF Overview
Market Cap in USD | 1,902m |
Category | Europe Stock |
TER | 0.58% |
IPO / Inception | 2009-12-31 |
HEDJ ETF Ratings
Growth 5y | 8.14 |
Fundamental | - |
Dividend | 8.31 |
Rel. Performance vs Sector | - |
Analysts | - |
Fair Price Momentum | 48.90 USD |
Fair Price DCF | - |
HEDJ Dividends
Yield 12m | 2.92% |
Yield on Cost 5y | 5.72% |
Dividends CAGR 5y | 12.99% |
Payout Consistency | 89.7% |
HEDJ Growth Ratios
Growth 12m | 25.99% |
Growth Correlation 12m | 66% |
Growth Correlation 3m | 36% |
CAGR 5y | 14.34% |
CAGR/Mean DD 5y | 2.48 |
Sharpe Ratio 12m | 1.66 |
Alpha vs SP500 12m | 1.00 |
Beta vs SP500 5y weekly | 0.82 |
ValueRay RSI | 76.02 |
Volatility GJR Garch 1y | 15.84% |
Price / SMA 50 | 2.34% |
Price / SMA 200 | 13.27% |
Current Volume | 208.5k |
Average Volume 20d | 142.9k |
External Links for HEDJ ETF
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of May 16, 2024, the stock is trading at USD 48.49 with a total of 208,495 shares traded.
Over the past week, the price has changed by +1.89%, over one month by +3.59%, over three months by +7.23% and over the past year by +25.87%.
According to ValueRays Forecast Model, HEDJ WisdomTree Europe Hedged Equity Fun.. will be worth about 54.3 in May 2025. The stock is currently trading at 48.49. This means that the stock has a potential upside of +11.92%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 54.3 | 11.9 |