ETF Evaluator:
WisdomTree Europe Hedged Equity ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Europe Stock Over the Last Year
| 38.6% | First Trust STOXX® European Sel Div ETF (FDD) |
| 35.8% | iShares MSCI Europe Financials ETF (EUFN) |
| 29.8% | WisdomTree European Opportunities ETF (OPPE) |
| 27.4% | First Trust Europe AlphaDEX® ETF (FEP) |
| 26.6% | First Trust Eurozone AlphaDEX® ETF (FEUZ) |
Risk
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Risk
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ETF Details
WisdomTree Europe Hedged Equity ETF Overview
WisdomTree Europe Hedged Equity ETF (HEDJ) is a passively managed International Equity Europe Stock exchange-traded fund (ETF). WisdomTree launched the ETF in 2009.
The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged Equity Index.
The fund invests at least 95% of its total assets in constituent securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such constituent securities. The index consists of those dividend-paying companies within the WisdomTree International Equity Index, which defines the dividend-paying universe of companies in the industrialized world, excluding Canada and the United States. The fund is non-diversified.
About WisdomTree Europe Hedged Equity ETF (HEDJ)
There are 5 members of the management team with an average tenure of 5.22 years: Marlene Walker-Smith (2020), David France (2021), Todd Frysinger (2021), Vlasta Sheremeta (2021) and Michael Stoll (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI EMU Local Currency NR USD index with a weighting of 100% and WisdomTree Europe Hedged Equity TR USD index with a weighting of 100%. WisdomTree Europe Hedged Equity ETF has 135 securities in its portfolio. The top 10 holdings constitute 42.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
WisdomTree Europe Hedged Equity ETF is part of the Equity global asset class and is within the International Equity ETF group. WisdomTree Europe Hedged Equity ETF has 98.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 2.3% There is 98.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). WisdomTree Europe Hedged Equity ETF has -0.3% of the portfolio in cash.
Assets Under Management
The fund has $1 billion in total assets, which is below the $2 billion average for the Europe Stock category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
HEDJ Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The WisdomTree Europe Hedged Equity ETF expense ratio is average compared to funds in the Europe Stock category. WisdomTree Europe Hedged Equity ETF has an expense ratio of 0.58%, which is 34% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. WisdomTree Europe Hedged Equity ETF has a portfolio turnover rate of 33%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 30% for the Europe Stock category.
Recently, in the month of July 2026, WisdomTree Europe Hedged Equity ETF returned 0.2%, which earned it a grade of F, as the Europe Stock category had an average return of 2.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
WisdomTree Europe Hedged Equity ETF has a trailing yield of 1.78%, which is below the 2.65% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
WisdomTree Europe Hedged Equity ETF Grades
Year to date, the ETF has returned 9.1%, 1.1 percentage points worse than the category, which translates into a grade of D. The fund has returned 18.7% over the past year (grade of F), 13.5% over the past three years (grade of F) and 11.0% per year over the past five years (grade of B) and 10.7% per year over the past 10 years (grade of B).
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HEDJ Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| HEDJ Return (NAV) | 0.2% | 6.5% | 18.7% | 13.5% | 11.0% | 10.7% |
| HEDJ Return (Price) | -0.6% | 5.5% | 18.3% | 13.3% | 10.8% | 10.7% |
| NAV +/- Price Return | 0.839% | 0.985% | 0.467% | 0.287% | 0.210% | 0.059% |
| Europe Stock Avg | 2.1% | 5.4% | 22.3% | 16.8% | 9.7% | 9.9% |
| HEDJ Grade (NAV) | F | B | F | F | B | B |
| +/- Category (NAV) | -1.9% | 1.1% | -3.6% | -3.3% | 1.3% | 0.8% |
| HEDJ Tax-Cost Ratio | na | na | 0.7% | 0.7% | 0.8% | 0.8% |
HEDJ Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| HEDJ Return (NAV) | 9.1% | 23.3% | 5.7% | 26.4% | -10.2% | 23.6% | -2.9% | 27.0% | -9.3% | 13.6% | 9.3% |
| HEDJ Return (Price) | 8.6% | 23.6% | 5.3% | 26.9% | -10.1% | 23.5% | -3.4% | 27.5% | -9.2% | 13.5% | 9.9% |
| NAV +/- Price Ret | -0.062% | 0.010% | -0.065% | 0.018% | -0.004% | -0.002% | 0.161% | 1.9% | -0.3% | -0.5% | 6.6% |
| Europe Stock Avg | 10.2% | 35.7% | 4.1% | 19.6% | -16.1% | 17.6% | 4.1% | 25.2% | -14.5% | 24.9% | 1.1% |
| HEDJ Grade (NAV) | D | F | B | A | B | A | F | B | A | F | A |
| +/- Category | -1.1% | -12.4% | 1.5% | 6.8% | 5.9% | 6.0% | -7.0% | 1.8% | 5.2% | -11.3% | 8.2% |
| Risk Measures | |
| Beta: | 0.71 |
| R-Squared: | 64% |
| Standard Deviation: | 12.4% |
| Category Risk Index: | 0.88 |
| Category Risk Rating: | Low |
| Total Risk Index: | 1.01 |
| Total Risk Rating: | Below Average |
| Portfolio Characteristics | |
| Yield: | 1.8% |
| Total Assets: | $ 1,838 Mil |
| Share Class Assets: | $ 1,838 Mil |
| Turnover: | 33.0% |
| Expense Ratio: | 0.58% |
| Index Fund: | Yes |
| Index Tracked: | MSCI EMU Local Currency NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 5.8 years | |||
| Average Tenure: 5.2 years | |||
| Managers (Year): Walker-Smith Marlene (2020), France David (2021), Frysinger Todd (2021), Sheremeta Vlasta (2021), Stoll Michael (2021) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 135 |
| % in Top 10 Holdings: | 42.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 98.0% |
Portfolio Allocation |
|
| Domestic Stock: | 2.3% |
| Foreign Stock: | 98.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | -0.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | WisdomTree |
| Phone Number: | 866-909-9473 |
| Website: | www.wisdomtree.com |
| Inception Date: | December 31, 2009 |
Expenses and Fees
| Expense Ratio (%): | 0.58% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.43% |
