TER
0.39% p.a.
Distribution policy
Distributing
Replication
Sampling
Fund size
6 m
Holdings
139
Overview
Description
The WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged seeks to track the iBoxx® Contingent Convertible Liquid Developed Europe AT1 (USD Hedged) index. The iBoxx® Contingent Convertible Liquid Developed Europe AT1 (USD Hedged) index tracks the performance of financial institutions AT1 contingent convertible debt denominated in EUR, USD and GBP. The index rules aim to offer a good coverage of the Coco bond universe, whilst upholding minimum standards of investability and liquidity. Currency hedged to US-Dollar (USD).
Documents
Chart
Basics
Data
| Index | iBoxx® Contingent Convertible Liquid Developed Europe AT1 (USD Hedged) |
| Investment focus | Bonds, EUR, Europe, Convertible Bonds, All maturities |
| Fund size | GBP 6 m |
| Total expense ratio | 0.39% p.a. |
| Replication | Physical (Sampling) |
| Legal structure | ETF |
| Strategy risk | Long-only |
| Sustainability | No |
| Fund currency | USD |
| Currency risk | Currency hedged |
| Volatility 1 year (in GBP) | 6.20% |
| Inception/ Listing Date | 21 August 2018 |
| Distribution policy | Distributing |
| Distribution frequency | Semi annually |
| Fund domicile | Ireland |
| Fund Provider | WisdomTree |
| Fund Structure | Open-ended Investment Company (OEIC) |
| UCITS compliance | Yes |
| Administrator | State Street Fund Services (Ireland) Limited |
| Investment Advisor | WisdomTree Management Ltd |
| Custodian Bank | State Street Custodial Services (Ireland) Limited, Dublin 2 |
| Revision Company | Ernst & Young |
| Fiscal Year End | 31 December |
| Swiss representative | Société Générale, Paris, Zweigniederlassung Zürich |
| Swiss paying agent | Société Générale, Paris, Zweigniederlassung Zürich |
| Germany | No tax rebate |
| Switzerland | ESTV Reporting |
| Austria | Tax Reporting Fund |
| UK | UK Reporting |
| Indextype | Total return index |
| Swap counterparty | - |
| Collateral manager | State Street Custodial Services (Ireland) Limited |
| Securities lending | No |
| Securities lending counterparty |
Similar ETFs
This section provides you with information on other ETFs with a similar investment focus to the WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged.
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How do you like our ETF profile? Here you'll find our Questionnaire.
Holdings
Below you find information about the composition of the WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged.
Top 10 Holdings
Weight of top 10 holdings
out of 139
11.11%
| US404280BL25 | 1.27% |
| US780097BQ34 | 1.26% |
| USH42097ER43 | 1.23% |
| USH42097ES26 | 1.11% |
| USF8500RAC63 | 1.09% |
| XS2189784288 | 1.07% |
| US404280AT69 | 1.05% |
| US06738ECN31 | 1.03% |
| US539439AU36 | 1.00% |
| US06738EBX22 | 1.00% |
Sectors
| Other | 99.24% |
As of 27/09/2024
Performance
The performance numbers include distributions/dividends (if there are any). By default, the total performance of the ETF is displayed.
Returns overview
| YTD | +11.04% |
| 1 month | +2.48% |
| 3 months | +5.25% |
| 6 months | +5.69% |
| 1 year | +14.73% |
| 3 years | +10.38% |
| 5 years | +20.97% |
| Since inception (MAX) | +36.52% |
| 2023 | -1.14% |
| 2022 | +0.35% |
| 2021 | +6.17% |
| 2020 | +3.38% |
Monthly returns in a heat map
Dividends
Current dividend yield
| Current dividend yield | 6.70% |
| Dividends (last 12 months) | GBP 5.07 |
Historic dividend yields
| Period | Dividend in GBP | Dividend yield in % |
|---|---|---|
| 1 Year | GBP 5.07 | 7.18% |
| 2023 | GBP 4.24 | 5.41% |
| 2022 | GBP 4.51 | 5.46% |
| 2021 | GBP 4.28 | 5.21% |
| 2020 | GBP 4.73 | 5.63% |
Dividend yield contribution
Monthly dividends in GBP
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | 6.20% |
| Volatility 3 years | 10.52% |
| Volatility 5 years | 11.36% |
| Return per risk 1 year | 2.37 |
| Return per risk 3 years | 0.32 |
| Return per risk 5 years | 0.34 |
| Maximum drawdown 1 year | -2.47% |
| Maximum drawdown 3 years | -22.50% |
| Maximum drawdown 5 years | -22.50% |
| Maximum drawdown since inception | -22.50% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| London Stock Exchange | USD | CODO | CODO LN | CODO.L | Janestreet |
| SIX Swiss Exchange | USD | CODO | CODO SW | CODO.S | Janestreet |
Further information
Further ETFs with similar investment focus
| Fund name | Fund Size in m € (AuM) | TER p.a. | Distribution | Replication |
|---|---|---|---|---|
| WisdomTree AT1 CoCo Bond UCITS ETF GBP Hedged | 11 | 0.39% p.a. | Distributing | Sampling |
| WisdomTree AT1 CoCo Bond UCITS ETF USD Acc | 7 | 0.39% p.a. | Accumulating | Sampling |
Frequently asked questions
What is the name of CODO?
The name of CODO is WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged.
What is the ticker of WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged?
The primary ticker of WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged is CODO.
What is the ISIN of WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged?
The ISIN of WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged is IE00BFNNN012.
What are the costs of WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged?
The total expense ratio (TER) of WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged amounts to 0.39% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.
What's the fund size of WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged?
The fund size of WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged is 6m GBP. See the following article for more information about the size of ETFs.
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH. Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.