WisdomTree Europe Hedged Equity Fund
$55.37+0.08 (+0.14%)
- 0.58%
- $1.7B
- +12.0%
- 1.86%
- 0.1M sh
- $55.20
- low $49.82high $58.50
The ETF.net HEDJ Grade
C
Score 43 out of 100
- 9 of 12
Score 43 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D30 out of 100Rank 9 of 12Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B60 out of 100Rank 4 of 12Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C40 out of 100Rank 8 of 12Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B58 out of 100Rank 6 of 12Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C53 out of 100Rank 6 of 12
Our read on HEDJ
CLess a bet on Europe's economy than on Europe's exporters. HEDJ owns euro-traded dividend payers that earn most of their money elsewhere, then hedges the euro out of the picture, leaving the stocks and not the exchange rate.
The fund seeks exposure to European equities while hedging fluctuations between the U.S. dollar and the euro.
Why people hold it
- Every holding must draw at least half its revenue from outside Europe, so the basket rides global demand more than the domestic European economy.wisdomtree.comwisdomtree.com
- Currency forwards neutralize euro-versus-dollar swings, so what shows up in a US account is the stock move, not the FX move.wisdomtree.com
- Dividend-weighted rather than cap-weighted: roughly 140 euro-listed payers, each above $1 billion in market value, sized by the dividends they actually pay.wisdomtree.comwisdomtree.com
- Trading since 2009 and now a multi-billion-dollar fund, it is the long-running standard-bearer for hedged Europe and sits in the upper half of its regional peer group.
Worth knowing
- The hedge cuts both ways. Euro strength does not flow through to dollar returns, and the forward contracts carry a cost tied to rate differences between the two currencies.wisdomtree.com
- At 0.58%, the fee runs a touch above the peer-group median, and plainer regional options cost less (Global X's DAX charges 0.20%).
- Euro-traded names only, so UK and Swiss listings are off the menu, and the exporter screen narrows Europe to about 140 stocks rather than a broad sweep.wisdomtree.com
HEDJ Holdings
- Stocks
- 131
- 41%
- ASML.AS
Sectors
- Industrials22.2%
- Financials17.2%
- Technology13.0%
- Consumer Staples12.3%
- Consumer Discretionary12.1%
- Health Care7.9%
- Materials6.8%
- Communication5.0%
- Energy3.6%
Geography
- Germany22.90%
- France19.65%
- Netherlands19.41%
- Spain18.95%
- Italy6.18%
- Finland4.94%
- Belgium4.55%
- Luxembourg1.65%
- 1.78%
Developed 100% · Emerging 0%
HEDJ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
HEDJ$11,196
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | HEDJ |
|---|---|
| Year to date | +6.1% |
| 1 month | −1.7% |
| 3 months | −1.8% |
| 1 year | +12.0% |
| 3 years | +14.2% |
| 5 years | +10.8% |
| 10 years | +10.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | HEDJ |
|---|---|---|
| 2026 YTD | +6.1% | |
| 2025 | +23.6% | |
| 2024 | +4.7% | |
| 2023 | +26.9% | |
| 2022 | −10.1% | |
| 2021 | +23.5% | |
| 2020 | −3.4% |
HEDJ in the news
HEDJ Dividends
- 1.86%
- $1.03
- $0.05 per share
- Twice a year
Distribution history
HEDJ Risk
- 11.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.83
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.74
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HEDJ Cost
0.58%
HEDJ0.58%
- The middle half of Europe Region funds
- Median 0.51%
8 of the 12 Europe Region funds charge less.
Other funds in Europe Region
- BEWLiShares MSCI Switzerland ETFExpense ratio 0.50%1 year return +7.9%
- BEWDiShares MSCI Sweden ETFExpense ratio 0.51%1 year return +11.5%
- CFGMFirst Trust Germany AlphaDEX FundExpense ratio 0.80%1 year return −0.4%
- CGREKGlobal X - MSCI Greece ETFExpense ratio 0.56%1 year return +27.1%
- DFKUFirst Trust United Kingdom AlphaDEX FundExpense ratio 0.80%1 year return +17.6%