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WisdomTree Launches EUR and GBP Hedged Share Classes for US Quality Dividend Growth UCITS ETF
Monday 07th August '23
WisdomTree, a global financial innovator, has today expanded its flagship Quality Dividend Growth range with EUR and GBP currency-hedged share classes for the WisdomTree US Quality Dividend Growth UCITS ETF on the London Stock Exchange, Borse Xetra and Borsa Italiana.
WisdomTree US Quality Dividend Growth UCITS ETF - GBP Hedged (DGRB) and WisdomTree US Quality Dividend Growth UCITS ETF - EUR Hedged Acc (DGRE) have a total expense ratio of 0.35%.
The WisdomTree US Quality Dividend Growth UCITS ETF is constructed around dividend paying companies with the best-combined rank of Earnings Growth, Return on Equity and Return on Assets within an ESG-filtered universe of companies with sustainable dividend policies. Stocks are also risk-tested using a proprietary risk screen (Composite Risk Score), which uses Quality and Momentum metrics to rank companies and screen out the riskiest companies and potential value traps. Each company is then weighted based on its cash dividend paid (market capitalisation x dividend yield), which introduces valuation discipline in this high-quality portfolio.
Those steps, in combination, deliver a unique and thoughtfully blended exposure to the Quality and Value factors which in turn provide a balanced, core equity strategy through high-quality and high-profitability dividend growing companies, at a reasonable valuation.
Since its inception in June 2016, the WisdomTree US Quality Dividend Growth UCITS ETF has returned 13.12% on an annualised basis, outperforming the S&P 500 over the period with lower volatility. The ETF has a five-star Morningstar rating.
ETF and index performance |
1-year |
3-year |
5-year |
Since inception |
WisdomTree US Quality Dividend Growth UCITS ETF |
6.81% |
14.26% |
11.52% |
13.12% |
S&P 500 net TR Index |
3.32% |
13.18% |
11.6% |
12.89% |
Source: Bloomberg, Morningstar, WisdomTree. As of 31 July 2023. Calculations are based on daily Net Asset Value of the ETF in USD. Historical performance is not an indication of future performance and any investments may go down in value.
In March 2023, WisdomTree also launched EUR and GBP currency-hedged share classes for the $767m2 WisdomTree Global Quality Dividend Growth UCITS ETF. The addition of the currency-hedged share classes to the Quality Dividend Growth range allows Euro and GBP based investors to access these strategies effectively while offsetting foreign currency risk.
Over the past year3, the Quality Dividend Growth UCITS ETF range has achieved $521m in net new flows, bringing the range to $1.3bn of assets under management in Europe. WisdomTree’s flagship equity strategy with $14.9bn4 in assets under management globally, demonstrates the value and trust investors place on WisdomTree’s research-driven, systematic approach and strong track record in smart indexing.
Product information
Share Class Name |
TER |
Exchange |
Trading Ccy |
Exchange Code |
ISIN |
WisdomTree US Quality Dividend Growth UCITS ETF - GBP Hedged |
0.35% |
London Stock Exchange |
GBx |
DGRB |
IE000IGMB3E1 |
WisdomTree US Quality Dividend Growth UCITS ETF - EUR Hedged Acc |
0.35% |
Borsa Italiana |
EUR |
DGRE |
IE000CXVOXQ1 |
WisdomTree US Quality Dividend Growth UCITS ETF - EUR Hedged Acc |
0.35% |
Börse Xetra |
EUR |
WDGE |
IE000CXVOXQ1 |
Sources
1 WisdomTree US Quality Dividend Growth UCITS ETF was launched on 7 June 2016 and has delivered 13.12% on an annualised basis outperforming the S&P 500 by 0.23%.
2 Source: WisdomTree, as at 31 July.
3 To 28 July.
4 Source: WisdomTree, as at 28 July