- "Unless you have strong view on a currency and are good at market timing, [the 50/50 strategy] is the hedge of least regret," IndexIQ founder Adam Patti tells Barron's.
- Currency-hedged ETFs are all the rage, and IndexIQ's new trio of entrants tweaks the model somewhat in that they're all 50/50 hedged/unhedged.
- The three: The IQ 50 Percent Hedged FTSE International ETF (NYSEARCA:HFXI), the IQ 50 Percent Hedged FTSE Europe ETF (NYSEARCA:HFXE), and the IQ 50 Percent Hedged FTSE Japan ETF (NYSEARCA:HFXJ).
- This month alone there have been 15 new currency-hedged ETFs hitting the market as providers aim to take a piece of the lucrative pie currently dominated by WisdomTree (NASDAQ:WETF).