WDEF
WisdomTree Europe Defense Fund
📎 Investment Objective
The WisdomTree Europe Defense Fund (WDEF) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the WisdomTree Europe Defense Index.
Overview
ETF tracking WisdomTree Europe Defense Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The WisdomTree Europe Defense Fund (WDEF) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the WisdomTree Europe Defense Index.
🎯 Investment Strategy
The fund invests in European companies that are involved in the defense/aerospace industry, including those engaged in the manufacturing of military aerospace and defense equipment, parts, and products. The fund's portfolio is weighted based on the market capitalization of the underlying index components.
✨ Key Features
- Provides exposure to European companies in the defense/aerospace sector
- Utilizes a rules-based index methodology to determine portfolio holdings
- Weighted by market capitalization of index constituents
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry sector
- Exposure to European market and currency fluctuations
- Potential volatility due to the cyclical nature of the defense industry
- Low trading volume and liquidity risk due to the fund's small asset size
👤 Best For
The WisdomTree Europe Defense Fund may be suitable for investors seeking targeted exposure to the European defense/aerospace industry as part of a diversified portfolio. Investors should have a higher risk tolerance and a long-term investment horizon to accommodate the potential volatility of this sector-specific fund.
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