WisdomTree Dynamic International Equity Fund (DDWM)
WisdomTree Dynamic International Equity Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $47.76, up 0.36% on the session, giving a market capitalisation of $1.51B. Its beta of 0.69 implies it has historically moved less than the broad market.
DDWM offers exposure to dividend-paying international stocks with a dynamic currency hedge for US investors. The fund holds stocks from developed markets outside the US and Canada. Like many WisdomTree funds, DDWM only holds dividend-paying stocks, weighted by total cash dividends over the past 12 months. DDWM departs from its sibling funds by setting currency hedge levels anywhere from 0-100%, reset monthly. To determine the hedge amount, the fund uses three equally weighted inputs: differences in interest rates (the cost of the hedge), momentum (based on 10- and 240-day moving averages) and long-term valuation (purchasing power parity). Variable hedging offers at least the possibility of enjoying more currency upside than downside. Overall, the fund should appeal to investors who want dividend-themed equity exposure with variable, rules-based currency hedging. The index is reconstituted annually. Prior to April 30, 2025, the term 'currency hedged' was removed from both the fund's name and its index name.
WisdomTree Dynamic International Equity Fund is most often compared with the following Financial Services names: