DDWM Profile
The
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) is
an exchange-traded fund (ETF) that seeks to provide exposure to
international stocks while hedging currency risk. The fund tracks the
WisdomTree Dynamic Currency Hedged International Equity Index, which
is designed to provide exposure to equity securities in developed and
emerging market countries, while dynamically hedging exposure to
fluctuations between the value of the U.S. dollar and the local
currencies of the countries in which the fund invests.
DDWM
invests in equity securities of companies located in developed and
emerging market countries outside of the United States, while hedging
currency risk. The fund primarily invests in large-cap stocks, but
also has exposure to mid-cap and small-cap companies.
As of
March 23, 2023, DDWM had a total net asset value of around $226
million and held positions in over 400 individual securities. The top
holdings of the fund included companies such as Nestle SA, Samsung
Electronics Co Ltd, and Taiwan Semiconductor Manufacturing Co Ltd.
Investors interested in gaining exposure to international equity
markets while mitigating currency risk may consider DDWM as a
potential investment option. It is important to note, however, that
the hedging strategies employed by the fund may result in lower
returns than an unhedged international equity fund in certain market
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