MarketsMuse.com ETF coverage profiles ETF.com Awards Ceremony courtesy of opening extract from ETF.com news release. Category winners for “best” and respective ‘runners up’ extend across best issuers, best strategists, best capital markets desk, and best products across equity, fixed income, and currency and include the following products: HEDJ, DXJ, CHNB, ZROZ, BNDX, VTI, EMQQ, FV, IUSB, PDBC, TYTE, WYDE, BCHP, COMT, DIVY, SXOE, DGRO, DVP, FMLP, AIRR, QVAL, ASHS.
The WisdomTree Europe Hedged Equity Fund (HEDJ) was named the ETF of the Year at the second annual ETF.com Awards held tonight in New York—in no small part because it has been more popular than competing equity strategies designed to protect U.S. investors from the strength of the dollar.
ETF.com, the 15-year-old news, views and financial data company focused exclusively on exchange-traded funds, also honored important individuals like Lee Kranefuss, who built iShares, the world’s largest ETF company; and the fund sponsor First Trust.
The annual awards ceremony, which took place at Chelsea Piers, recognizes the people, products and companies that have been instrumental in moving the 22-year-old ETF industry forward and that have helped create better options and outcomes for investors.
In the past year, HEDJ’s success has hardly gone unnoticed. Investors have poured more than $15 billion into the fund, buying into views that the eurozone is poised for a rebound while protecting themselves from a weakening euro. HEDJ has clearly become the poster child in the past year of the growing popularity of currency-hedging exposure to foreign stocks.
“Investors who want to participate in Europe’s economic recovery, but are concerned about the fluctuation of the currency, should consider HEDJ,” Jeremy Schwartz, WisdomTree’s director of research, said recently about the fund.
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