Wisdomtree Europe Quality Etf Profile
| EUDG Etf | USD 30.54 0.16 0.53% |
Performance0 of 100
| Odds Of DistressLess than 9
|
WisdomTree Europe is trading at 30.54 as of the 25th of November 2024. This is a 0.53 percent increase since the beginning of the trading day. The etf's lowest day price was 30.54. WisdomTree Europe has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for WisdomTree Europe Quality are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
At least 80 percent of the funds total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Wisdomtree Europe is traded on NYSEARCA Exchange in the United States.. More on WisdomTree Europe Quality
Moving together with WisdomTree Etf
| 0.98 | VGK | Vanguard FTSE Europe | PairCorr |
| 0.95 | EZU | iShares MSCI Eurozone | PairCorr |
| 0.98 | BBEU | JPMorgan BetaBuilders | PairCorr |
| 0.98 | IEUR | iShares Core MSCI | PairCorr |
| 0.94 | FEZ | SPDR EURO STOXX | PairCorr |
| 0.99 | IEV | iShares Europe ETF | PairCorr |
Moving against WisdomTree Etf
WisdomTree Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | High Dividend Yield ETFs, Strategy ETFs, Europe Stock, WisdomTree (View all Sectors) |
| Issuer | WisdomTree |
| Inception Date | 2014-05-07 |
| Benchmark | WisdomTree Europe Quality Dividend Growth Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 64.98 Million |
| Average Trading Valume | 9,463 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | High Dividend Yield |
| Market Concentration | Developed Markets |
| Region | Europe |
| Administrator | State Street Bank and Trust Company |
| Advisor | WisdomTree Asset Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Karen Q. Wong, Thomas J. Durante, Richard A. Brown |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 228 |
| Market Maker | Jane Street |
| Total Expense | 0.58 |
| Management Fee | 0.58 |
| Country Name | USA |
| Returns Y T D | (2.81) |
| Name | WisdomTree Europe Quality Dividend Growth Fund |
| Currency Code | USD |
| Open Figi | BBG006G0HQG5 |
| In Threey Volatility | 18.21 |
| 1y Volatility | 14.82 |
| 200 Day M A | 32.5904 |
| 50 Day M A | 32.5692 |
| Code | EUDG |
| Updated At | 25th of November 2024 |
| Currency Name | US Dollar |
WisdomTree Europe Quality [EUDG] is traded in USA and was established 2014-05-07. The fund is listed under Europe Stock category and is part of WisdomTree family. The entity is thematically classified as High Dividend Yield ETFs. WisdomTree Europe Quality currently have 47.99 M in assets under management (AUM). , while the total return for the last 3 years was -0.6%.
Check WisdomTree Europe Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on WisdomTree Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding WisdomTree Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as WisdomTree Europe Quality Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
WisdomTree Europe Quality Currency Exposure
WisdomTree Europe Quality holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of WisdomTree Europe will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in WisdomTree Europe Quality.
Top WisdomTree Europe Quality Etf Constituents
| ANTO | Antofagasta PLC | Stock | Materials | |
| SOON | Sonova H Ag | Stock | Medical Instruments & Supplies | |
| EVO | Evolution AB | Stock | Gambling | |
| SIKA | Sika AG | Stock | Specialty Chemicals | |
| GLEN | Glencore PLC | Stock | Materials | |
| RKT | Reckitt Benckiser Group | Stock | Consumer Staples | |
| LOGN | Logitech International SA | Stock | Computer Hardware | |
| EDEN | Edenred SA | Stock | Industrials |
WisdomTree Europe Quality Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in WisdomTree Europe. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.43) |
WisdomTree Europe Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree Europe Quality. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of WisdomTree Europe Quality is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Europe's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Europe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WisdomTree Europe's market value can be influenced by many factors that don't directly affect WisdomTree Europe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WisdomTree Europe's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Europe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Europe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.