6 New Bond and Currency ETFs From WisdomTree
Morningstar's Robert Goldsborough takes a look at the past week's round of launches, liquidations, and filings.
On Wednesday, Dec. 18, WisdomTree rolled out six exchange-traded funds devoted to a variety of corners of the bond and currency markets.
The actively managed WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is the only new fund listed on the New York Stock Exchange. USDU targets besting an index that tracks changes in the greenback's value relative to a broad basket of foreign currencies. The benchmark, which is known as the Bloomberg Dollar Spot Index, contains important and liquid currencies not found in the ICE U.S. Dollar Index, which is a broad barometer for the dollar's value but only measures the greenback's value against six currencies.
Robert Goldsborough does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.