TER
0.35% p.a.
Distribution policy
Accumulating
Replication
Swap-based
Fund size
16 m
Overview
Description
The WisdomTree Enhanced Commodity UCITS ETF EUR Hedged Acc seeks to track the Optimized Roll Commodity (EUR Hedged) index. The Optimized Roll Commodity (EUR Hedged) index tracks a broad commodity basket (agriculture, energy, precious metals, industrial metals) by using futures to track the performance of the Bloomberg Commodity index. The Optimized Roll Commodity (EUR Hedged) index also uses a rule based approach to determine the optimal time to renew these futures. This seeks to take full advantage of the return opportunities in a backwardated market, while minimizing losses in contango markets. Currency hedged to Euro (EUR).
Documents
Chart
Basics
Data
| Index | Optimized Roll Commodity (EUR Hedged) |
| Investment focus | Commodities, Broad market |
| Fund size | GBP 16 m |
| Total expense ratio | 0.35% p.a. |
| Replication | Synthetic (Unfunded swap) |
| Legal structure | ETF |
| Strategy risk | Long-only |
| Sustainability | No |
| Fund currency | EUR |
| Currency risk | Currency hedged |
| Volatility 1 year (in GBP) | 13.02% |
| Inception/ Listing Date | 14 August 2018 |
| Distribution policy | Accumulating |
| Distribution frequency | - |
| 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 | BNP Paribas Arbitrage SNC |
| 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 Enhanced Commodity UCITS ETF EUR Hedged Acc.
Similar ETFs via ETF search
Similar ETFs via investment guides
How do you like our ETF profile? Here you'll find our Questionnaire.
Performance
Returns overview
| YTD | -1.27% |
| 1 month | -1.65% |
| 3 months | +1.61% |
| 6 months | -6.04% |
| 1 year | -4.08% |
| 3 years | -0.39% |
| 5 years | +26.53% |
| Since inception (MAX) | +13.21% |
| 2023 | -11.80% |
| 2022 | +15.98% |
| 2021 | +16.94% |
| 2020 | +5.16% |
Monthly returns in a heat map
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 | 13.02% |
| Volatility 3 years | 16.99% |
| Volatility 5 years | 15.91% |
| Return per risk 1 year | -0.31 |
| Return per risk 3 years | -0.01 |
| Return per risk 5 years | 0.30 |
| Maximum drawdown 1 year | -11.36% |
| Maximum drawdown 3 years | -28.40% |
| Maximum drawdown 5 years | -28.40% |
| Maximum drawdown since inception | -28.40% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| gettex | EUR | WTEH | - - | - - | - |
| Borsa Italiana | EUR | WCOE | WCOE IM WCOEEIV | WCOE.MI WCOEINAV.DE | Optiver |
| SIX Swiss Exchange | EUR | WCOE | WCOE SW WCOEEIV | WCOE.S WCOEINAV.DE | Optiver |
| XETRA | EUR | WTEH | WTEH GY WCOEEIV | WTEH.DE WCOEINAV.DE | Optiver |
Further information
Further ETFs with similar investment focus
| Fund name | Fund Size in m € (AuM) | TER p.a. | Distribution | Replication |
|---|---|---|---|---|
| Invesco Bloomberg Commodity UCITS ETF Acc | 2,611 | 0.19% p.a. | Accumulating | Swap-based |
| iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD | 1,263 | 0.28% p.a. | Accumulating | Swap-based |
| Amundi Bloomberg Equal-weight Commodity ex-Agriculture UCITS ETF Acc | 1,180 | 0.30% p.a. | Accumulating | Swap-based |
| iShares Diversified Commodity Swap UCITS ETF | 1,154 | 0.19% p.a. | Accumulating | Swap-based |
| UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc | 901 | 0.34% p.a. | Accumulating | Swap-based |
Frequently asked questions
What is the name of WTEH?
The name of WTEH is WisdomTree Enhanced Commodity UCITS ETF EUR Hedged Acc.
What is the ticker of WisdomTree Enhanced Commodity UCITS ETF EUR Hedged Acc?
The primary ticker of WisdomTree Enhanced Commodity UCITS ETF EUR Hedged Acc is WTEH.
What is the ISIN of WisdomTree Enhanced Commodity UCITS ETF EUR Hedged Acc?
The ISIN of WisdomTree Enhanced Commodity UCITS ETF EUR Hedged Acc is IE00BG88WG77.
What are the costs of WisdomTree Enhanced Commodity UCITS ETF EUR Hedged Acc?
The total expense ratio (TER) of WisdomTree Enhanced Commodity UCITS ETF EUR Hedged Acc amounts to 0.35% 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 Enhanced Commodity UCITS ETF EUR Hedged Acc?
The fund size of WisdomTree Enhanced Commodity UCITS ETF EUR Hedged Acc is 16m 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.