A Fund that Provides Exposure to the European Equity Market

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager.

The WisdomTree Europe Hedged Equity Fund (HEDJ) is an exchange-traded fund (ETF) that provides investors with exposure to the European equity market while also hedging against possible fluctuations between the dollar and the euro.

This exchange-traded fund is based off the WisdomTree Europe Hedged Equity Index, which tracks European dividend-paying companies in the WisdomTree International Equity Index, trades in euros, has at least a $1 billion market capitalization and derives at least 50% of its revenue in the latest fiscal year from countries outside of Europe. The presence of a currency hedge also matters because there could be large movements in the exchange rate between the U.S. dollar and the euro.

At a time when the Italian economy is in a recession, Spain is undergoing political turmoil regarding Catalonian independence and populist politicians and parties are gaining sway across the continent, prospective investors in the European economy need all the protection that they can get.

The top 10 countries that this ETF is invested in include France (28.17%), Germany (21.19%), the Netherlands (18.71%), Spain (16.39%), Belgium (6.76%), Finland (5.22%), Ireland (1.26%), Italy (0.99%), Portugal (0.77%) and Austria (0.54%).

Chart courtesy of StockCharts.com.

Some of this fund’s top holdings include Anheuser-Busch InBev SA/NV (NYSE: BUD), Sanofi-Aventis SA (NASDAQ: SNY), Unilever NV (NYSE: UN), Banco Santander SA (NYSE: SAN), Telefonica SA (NYSE: TEF), Daimler Ag-Reg Shs (OTCMKTS: DDAIF) and LVMH Met Hennessy Louis Vuitton SE (OTCMKTS: LVMUY).

The top sectors that this ETF is invested in are consumer staples (20.95%), consumer discretionary (17.35%), industrials (15.93%), financials (11.85%), materials (10.53%) and health care (10.13%). The fund currently has $3.8 billion in assets under management and has a $523,303 average 30-day volume. It also has an expense ratio of 0.58%, meaning that it is slightly more expensive to hold in comparison to other exchange-traded funds.

Exclusive  The Truth About The Recent Banking Turmoil

As always, I am happy to answer any of your questions about ETFs, so do not hesitate to send me an email. You just may see your question answered in a future ETF Talk.

share on:

Like This Article?
Now Get Jim's FREE Special Report:
The Top 11 Dividend ETFs to
Buy Right Now

Get up to 5X the yields of traditional income plays.

Get Access to the Report, 100% FREE

share on:


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income PRO (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Options Alert
  • Hi-Tech Trader

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • High Velocity Options
  • Intelligence Report
  • Bullseye Stock Trader
  • Eagle Eye Opener

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Stock of the Week
  • Technical Traders Alert
  • Rapid Profits Stock Trader


Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor