New WisdomTree ETF on Xetra: access to commodity basket ex agriculture with roll optimisation
New WisdomTree ETF on Xetra: access to commodity basket ex agriculture with roll optimisation
Since Monday, a new exchange-traded fund issued by WisdomTree is tradable via Xetra and Börse Frankfurt.
The WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF - USD Acc gives investors access to a broadly diversified commodity basket, which consists of futures contracts on energy, industrial and precious metals. All three sectors are equally weighted at the time of quarterly rebalancing. Commodities from the agricultural sector are not considered.
An optimised roll mechanism is used in the composition of the commodity basket to minimise roll losses. Thus, commodities with a higher probability of backwardation are overweighted. If longer-dated futures contracts are more favourable than the contract currently expiring, the market is in backwardation.
The WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF - EUR Hedged Acc (IE00BDVPNV63) with currency hedging against the US dollar is already available to investors on Xetra and Börse Frankfurt.
Name | Asset class | ISIN | On-going charges | Distribution policy | Reference index |
WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF – USD Acc | Commodity ETF | 0.35 per cent | Accumulating | MS RADAR ex Agriculture & Livestock Commodity Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,712 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.