- Facing competition from a number of newer entrants in currency-hedged ETFs, WisdomTree (WETF -0.7%) - which has two stars in DXJ and HEDJ - files for four more currency-hedged funds which "dynamically" shift the hedge position based on market conditions.
- Plain-vanilla currency-hedged ETFs do great when the greenback is on the rise (against the currency in question), but work in reverse when the dollar sinks. Some new ETFs try to mitigate this by providing 50/50 hedged exposure. This new series from WisdomTree will attempt to split the difference by "dynamically hedging currency exposure to fluctuations."
- The new funds don't yet have ticker symbols or management fees:
- WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund
- WisdomTree Dynamic Currency Hedged International Equity Fund
- WisdomTree Dynamic Currency Hedged Japan Equity Fund
- WisdomTree Dynamic Currency Hedged Europe Equity Fund
- Sources: Barron's Chris Dieterich and ETF.com's Heather Bell