- Open for trade today is WisdomTree's (WETF +1.4%) Germany Hedged Equity FUnd (DXGE) - set up to track a WisdomTree dividend-weighted index of German stocks while neutralizing exposure to the euro.
- WisdomTree is hoping for even a sliver of the success of its Japan Hedged Equity Fund (DXJ), which went from nowhere to nearly the biggest Japan ETF player over the past year as that country pursued a major devaluation of the yen. It also made WisdomTree one of 2013's high-flyers, more than doubling in the year's first six months.
- Deutsche Bank's DBGR - also hedged against currency swings - has failed to gain much traction, acquiring just $9.5M in AUM after about two years on the market. BlackRock's iShares has its own currency-hedged German stock ETF in the works.
- Other German ETFs: FGM, EWG, GERJ, EWGS, DBGR, BUNL, BUNT, BUND, GGOV.
WisdomTree currency-hedged German stock fund opens
Oct 17 2013, 15:27 ET