WisdomTree Investments, the exchange-traded fund sponsor which recently acquired London-based short and leveraged specialist Boost ETP, now has more than ten ETFs with more than $1 billion in assets under management (AUM).
The NYSE Arca-listed WisdomTree India Earnings Fund (EPI) has become WisdomTree’s tenth $1 billion+ ETF.
The most recent ETF to reach the billion-dollar milestone is the WisdomTree India Earnings Fund (EPI), which made its debut on NYSE Arca in February 2008.
Recent asset growth in this particular fund has primarily been driven by strong market performance, with broad-market Indian equities up around 20% year to date.
The fund tracks the performance of profitable companies incorporated and traded in India. Companies are weighted based on their earnings, adjusted for a factor that takes into account shares available to foreign investors.
Combined, the ten ETFs have more than $25 billion in assets, representing approximately 74% of the company’s total AUM. And whilst the WisdomTree Japan Hedged Equity Fund (DXJ) is by far the largest of the funds, with $10.4 billion assets, the funds are diversified across the main global investment centres – Unites States, Japan, Europe and emerging markets.
Jonathan Steinberg, WisdomTree CEO and President, said: “Our ten largest ETFs tell an important story: when you look at our breakdown of AUM by region, we are building a strong and increasingly balanced business.”
The ten ETFs are as follows:
WisdomTree Japan Hedged Equity Fund (DXJ)
WisdomTree Emerging Markets Equity Income Fund (DEM)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
WisdomTree India Earnings Fund (EPI)
WisdomTree Large Cap Dividend Fund (DLN)
WisdomTree MidCap Dividend Fund (DON)
WisdomTree SmallCap Dividend Fund (DES)
WisdomTree Dividend ex-Financials Fund (DTN)
WisdomTree Europe SmallCap Dividend Fund (DFE)
WisdomTree Europe Hedged Equity Fund (HEDJ)
WisdomTree currently has approximately $34 billion in AUM globally.