OPPE

WisdomTree European Opportunities Fund

$49.73
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The WisdomTree European Opportunities Fund (OPPE) seeks to provide exposure to European currencies, with the goal of generating returns that correspond to the performance of a basket of European currencies relative to the U.S. dollar.

Overview

ETF tracking WisdomTree European Opportunities Fund

Category Currency
Issuer WisdomTree
Inception Date 2015-03-04
Market Cap $169.1M
Average Volume N/A
Dividend Yield 2.76%
52-Week Range $45.67 - $50.54
VWAP $49.77

Performance

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Investment Summary

📎 Investment Objective

The WisdomTree European Opportunities Fund (OPPE) seeks to provide exposure to European currencies, with the goal of generating returns that correspond to the performance of a basket of European currencies relative to the U.S. dollar.

🎯 Investment Strategy

The fund invests in a portfolio of forward currency contracts and other currency-related instruments designed to provide exposure to a basket of European currencies, including the Euro, British Pound, Swiss Franc, and others. The fund's portfolio is rebalanced periodically to maintain its targeted currency exposure.

✨ Key Features

  • Provides exposure to a diversified basket of European currencies
  • Aims to generate returns that correspond to the performance of European currencies versus the U.S. dollar
  • Utilizes forward currency contracts and other currency instruments to achieve its objective
  • Rebalances its portfolio periodically to maintain its targeted currency exposure

⚠️ Primary Risks

  • Currency risk: The fund's performance is subject to fluctuations in the value of the underlying European currencies relative to the U.S. dollar
  • Liquidity risk: The fund may have difficulty buying or selling certain currency-related instruments, especially in volatile or uncertain market conditions
  • Counterparty risk: The fund is exposed to the creditworthiness of the counterparties to its forward currency contracts and other derivatives
  • Regulatory risk: Changes in government policies or regulations may adversely affect the value of the fund's investments

👤 Best For

The WisdomTree European Opportunities Fund may be suitable for investors seeking exposure to European currencies as part of a diversified portfolio. It may be of particular interest to investors who believe the European currencies will appreciate relative to the U.S. dollar or who want to hedge their exposure to the U.S. dollar. However, the fund's currency-focused strategy makes it a relatively high-risk investment, so it may not be appropriate for investors with a low risk tolerance or a short investment horizon.