TER
0.39% p.a.
Distribution policy
Distributing
Replication
Sampling
Fund size
120 m
Holdings
139
Overview
Description
The WisdomTree AT1 CoCo Bond UCITS ETF EUR Hedged seeks to track the iBoxx® Contingent Convertible Liquid Developed Europe AT1 (EUR Hedged) index. The iBoxx® Contingent Convertible Liquid Developed Europe AT1 (EUR 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. The index consists of ESG (environmental, social and governance) screened bonds. Currency hedged to Euro (EUR).
Documents
Chart
Basics
Data
| Index | iBoxx® Contingent Convertible Liquid Developed Europe AT1 (EUR Hedged) |
| Investment focus | Bonds, Europe, Convertible Bonds, All maturities, Social/Environmental |
| Fund size | GBP 120 m |
| Total expense ratio | 0.39% p.a. |
| Replication | Physical (Sampling) |
| Legal structure | ETF |
| Strategy risk | Long-only |
| Sustainability | Yes |
| Fund currency | EUR |
| Currency risk | Currency hedged |
| Volatility 1 year (in GBP) | 7.03% |
| 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
There are currently no ETFs tracking the same index or having an identical investment focus than the WisdomTree AT1 CoCo Bond UCITS ETF EUR Hedged.
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 EUR 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 | +4.98% |
| 1 month | -0.11% |
| 3 months | -0.03% |
| 6 months | +2.19% |
| 1 year | +9.27% |
| 3 years | -3.08% |
| 5 years | +5.40% |
| Since inception (MAX) | +9.94% |
| 2023 | +0.28% |
| 2022 | -8.38% |
| 2021 | -2.23% |
| 2020 | +10.50% |
Monthly returns in a heat map
Dividends
Current dividend yield
| Current dividend yield | 6.94% |
| Dividends (last 12 months) | GBP 4.86 |
Historic dividend yields
| Period | Dividend in GBP | Dividend yield in % |
|---|---|---|
| 1 Year | GBP 4.86 | 7.08% |
| 2023 | GBP 4.05 | 5.37% |
| 2022 | GBP 4.74 | 5.41% |
| 2021 | GBP 4.76 | 5.04% |
| 2020 | GBP 5.03 | 5.57% |
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 | 7.03% |
| Volatility 3 years | 11.60% |
| Volatility 5 years | 12.59% |
| Return per risk 1 year | 1.31 |
| Return per risk 3 years | -0.09 |
| Return per risk 5 years | 0.08 |
| Maximum drawdown 1 year | -2.91% |
| Maximum drawdown 3 years | -24.36% |
| Maximum drawdown 5 years | -26.58% |
| Maximum drawdown since inception | -26.58% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| gettex | EUR | WTEB | - - | - - | - |
| Borsa Italiana | EUR | COBO | COBO IM COBOEIV | COBO.MI COBOINAV.DE | Janestreet |
| SIX Swiss Exchange | EUR | COBO | COBO SW COBOEIV | COBO.S COBOINAV.DE | Janestreet |
| XETRA | EUR | WTEB | WTEB GY COBOEIV | WTEB.DE COBOINAV.DE | 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 | 50 | 0.39% p.a. | Distributing | Sampling |
| WisdomTree AT1 CoCo Bond UCITS ETF GBP Hedged | 11 | 0.39% p.a. | Distributing | Sampling |
| WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged | 7 | 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 WTEB?
The name of WTEB is WisdomTree AT1 CoCo Bond UCITS ETF EUR Hedged.
What is the ticker of WisdomTree AT1 CoCo Bond UCITS ETF EUR Hedged?
The primary ticker of WisdomTree AT1 CoCo Bond UCITS ETF EUR Hedged is WTEB.
What is the ISIN of WisdomTree AT1 CoCo Bond UCITS ETF EUR Hedged?
The ISIN of WisdomTree AT1 CoCo Bond UCITS ETF EUR Hedged is IE00BFNNN236.
What are the costs of WisdomTree AT1 CoCo Bond UCITS ETF EUR Hedged?
The total expense ratio (TER) of WisdomTree AT1 CoCo Bond UCITS ETF EUR 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 EUR Hedged?
The fund size of WisdomTree AT1 CoCo Bond UCITS ETF EUR Hedged is 120m 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.