Wisdomtree Bloomberg Dollar Etf Profile
| USDU Etf | USD 26.70 0.10 0.38% |
Performance15 of 100
| Odds Of DistressLess than 9
|
WisdomTree Bloomberg is selling for under 26.70 as of the 28th of April 2024; that is 0.38 percent increase since the beginning of the trading day. The etf's last reported lowest price was 26.65. WisdomTree Bloomberg has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for WisdomTree Bloomberg Dollar are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2024 and ending today, the 28th of April 2024. Click here to learn more.
The fund is an actively managed ETF that seeks to provide total returns, before fees and expenses, that exceed the performance of the index. Wisdomtree Bloomberg is traded on NYSEARCA Exchange in the United States. More on WisdomTree Bloomberg Dollar
Moving together with WisdomTree Etf
| 0.99 | UUP | Invesco DB Dollar | PairCorr |
| 0.91 | EUO | ProShares UltraShort Euro | PairCorr |
| 0.96 | YCS | ProShares UltraShort Yen | PairCorr |
Moving against WisdomTree Etf
| 0.86 | UDN | Invesco DB Dollar | PairCorr |
| 0.61 | TECL | Direxion Daily Technology | PairCorr |
| 0.55 | ROM | ProShares Ultra Tech | PairCorr |
WisdomTree Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. WisdomTree Bloomberg's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WisdomTree Bloomberg or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Developed Markets Basket ETFs (View all Themes) |
| Business Concentration | Developed Markets Basket ETFs, Trading--Miscellaneous, WisdomTree (View all Sectors) |
| Issuer | WisdomTree |
| Inception Date | 2013-12-18 |
| Benchmark | Bloomberg Dollar Spot Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 210.2 Million |
| Average Trading Valume | 210,949 |
| Asset Type | Currency |
| Category | Basket |
| Focus | Developed Markets Basket |
| Market Concentration | Blended Development |
| Region | Global ex-U.S. |
| Administrator | State Street Bank and Trust Company |
| Advisor | WisdomTree Asset Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Paul Benson, Stephanie Shu |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Sep |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 79.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.5 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 6.33 |
| Name | WisdomTree Bloomberg U.S. Dollar Bullish Fund |
| Currency Code | USD |
| Open Figi | BBG005PXGB51 |
| In Threey Volatility | 6.52 |
| 1y Volatility | 5.73 |
| 200 Day M A | 26.6587 |
| 50 Day M A | 26.17 |
| Code | USDU |
| Updated At | 27th of April 2024 |
| Currency Name | US Dollar |
WisdomTree Bloomberg Dollar [USDU] is traded in USA and was established 2013-12-18. The fund is listed under Trading--Miscellaneous category and is part of WisdomTree family. The entity is thematically classified as Developed Markets Basket ETFs. WisdomTree Bloomberg at this time have 430.3 M in net assets. , while the total return for the last 3 years was 6.9%.
Check WisdomTree Bloomberg Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on WisdomTree Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding WisdomTree Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as WisdomTree Bloomberg Dollar Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top WisdomTree Bloomberg Dollar Etf Constituents
| USFR | WisdomTree Floating Rate | Etf | Ultrashort Bond |
WisdomTree Bloomberg Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of WisdomTree Bloomberg jumping above the current price in 90 days from now is roughly 2.1%. The WisdomTree Bloomberg Dollar probability density function shows the probability of WisdomTree Bloomberg etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days WisdomTree Bloomberg Dollar has a beta of -0.2759. This usually implies as returns on the benchmark increase, returns on holding WisdomTree Bloomberg are expected to decrease at a much lower rate. During a bear market, however, WisdomTree Bloomberg Dollar is likely to outperform the market. Additionally, wisdomTree Bloomberg Dollar has an alpha of 0.0695, implying that it can generate a 0.0695 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of WisdomTree Bloomberg to move above the current price in 90 days from now is roughly 2.1 (This WisdomTree Bloomberg Dollar probability density function shows the probability of WisdomTree Etf to fall within a particular range of prices over 90 days) .
WisdomTree Bloomberg Top Holders
| MSMR | ETF Series Solutions | Etf | Moderate Allocation |
| DECMX | Bcm Decathlon Moderate | Mutual Fund | Equity Market Neutral |
WisdomTree Bloomberg Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. WisdomTree Bloomberg market risk premium is the additional return an investor will receive from holding WisdomTree Bloomberg long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in WisdomTree Bloomberg. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although WisdomTree Bloomberg's alpha and beta are two of the key measurements used to evaluate WisdomTree Bloomberg's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1129 | |||
| Jensen Alpha | 0.0695 | |||
| Total Risk Alpha | 0.011 | |||
| Sortino Ratio | (0.13) |
WisdomTree Bloomberg Against Markets
Picking the right benchmark for WisdomTree Bloomberg etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in WisdomTree Bloomberg etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for WisdomTree Bloomberg is critical whether you are bullish or bearish towards WisdomTree Bloomberg Dollar at a given time. Please also check how WisdomTree Bloomberg's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in WisdomTree Bloomberg without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy WisdomTree Etf?
Before investing in WisdomTree Bloomberg, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in WisdomTree Bloomberg. To buy WisdomTree Bloomberg etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of WisdomTree Bloomberg. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase WisdomTree Bloomberg etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located WisdomTree Bloomberg Dollar etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased WisdomTree Bloomberg Dollar etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as WisdomTree Bloomberg Dollar, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy WisdomTree Etf please use our How to Invest in WisdomTree Bloomberg guide.
Already Invested in WisdomTree Bloomberg Dollar?
The danger of trading WisdomTree Bloomberg Dollar is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of WisdomTree Bloomberg is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than WisdomTree Bloomberg. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WisdomTree Bloomberg is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether WisdomTree Bloomberg is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if WisdomTree Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Wisdomtree Bloomberg Dollar Etf. Highlighted below are key reports to facilitate an investment decision about Wisdomtree Bloomberg Dollar Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in WisdomTree Bloomberg Dollar. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the WisdomTree Bloomberg information on this page should be used as a complementary analysis to other WisdomTree Bloomberg's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of WisdomTree Bloomberg is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Bloomberg's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WisdomTree Bloomberg's market value can be influenced by many factors that don't directly affect WisdomTree Bloomberg's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WisdomTree Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Bloomberg's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.