New strategy ETF from WisdomTree on Xetra: access to 100 high-quality and leading growth US companies
New strategy ETF from WisdomTree on Xetra: access to 100 high-quality and leading growth US companies
Since Tuesday, a new exchange-traded fund issued by WisdomTree has been tradable on Xetra and Börse Frankfurt.
The WisdomTree US Quality Growth UCITS ETF offers investors a direct investment in a portfolio of 100 high-quality US companies selected based on quality and growth characteristics. The growth factor is determined by estimated earnings growth, EBITDA, and 5-year sales growth. The quality factor is determined by the 3-year average return on equity and return on assets.
The 500 leading US companies by market capitalisation are assessed on the basis of these two factors. The 100 companies with the highest score are selected.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
WisdomTree US Quality Growth UCITS ETF - USD Acc | Equity ETF | 0.33 per cent | Accumulating | WisdomTree US Quality Growth UCITS Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,154 ETFs. With this selection and an average monthly trading volume of around €14 billion, Xetra is the leading trading venue for ETFs in Europe.