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WisdomTree Emerging Currency Strategy Fund

CEW
$
Today’s Change
()

Snapshot
*

Inception Date
May 6, 2009
Expense Ratio
0.55%
Type
Global Ex. US Currency
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$13,984
AUM
$8,801,304
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

US Treasury Bill
1158.26%
US Treasury Bill
837.7%
US Treasury Bill
418.85%
USFR
WisdomTree Trust - WisdomTree Floating Rate Treasury Fund
96.19%
US Dollar
18.05%
Citi Triparty Repo WisdomTree
16.81%
ENB26B
Enbridge Inc - 5.969% NT REDEEM 08/03/2026 USD 2000
-168.61%
GSHD5626812
Gs Caltex Corp 5.375% 8/7/2028
-168.68%
GSHD5626812
Gs Caltex Corp 5.375% 8/7/2028
-169.13%
GSHD5626812
Gs Caltex Corp 5.375% 8/7/2028
-171.36%

What is CEW?

The Fund seeks to achieve total returns reflective of both money market rates in selected emerging market countries available to foreign investors and changes to the value of these currencies relative to the U.S. dollar. Since the Fund's investment objective has been adopted as a non-fundamental investment policy, the Fund's investment objective may be changed without a vote of shareholders.

1M
3M
6M
YTD
1Y
3Y
Max

CEW
Performance Measures**

for the time period May 6, 2009 to Dec 4, 2025

Returns

1M Trailing Return: 1.6%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 3.1%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -27.9%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 7.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.18

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.04

The annualized return divided by the max drawdown for the selected time period.

ETFs related toCEW

ETFs correlated to CEW include EMLC, EBND, LEMB

CEW
WisdomTree Trust - WisdomTree Emerging Currency Strategy Fund
EMLC
VanEck ETF Trust - VanEck J.P. Morgan EM Local Currency Bond ETF
EBND
SPDR Series Trust - SPDR Bloomberg Emerging Markets Local Bond ETF
LEMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan EM Local Currency Bond ETF
FEMB
First Trust Exchange-Traded Fund III - First Trust Emerging Markets Local Currency Bond ETF
FRDM
EA Series Trust - Alpha Architect Freedom 100 Emerging Markets ETF
EELV
Invesco Capital Management LLC - Invesco S&P Emerging Markets Low Volatility ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toCEW

KMLM Switcher in Not Today Satan Framework (w/ Pops)| BT 4/13/22 = AR 323% / StdDev 46.3 /DD 15.3%

Category

Tactical allocation, regime switching, momentum/RSI, volatility trading, leveraged ETFs, managed futures, credit/interest-rate signals, hedging

OOS Cumulative Return

239.46%

Create your own algorithmic trading strategy with CEW using Composer

FAQ

CEW is a Global Ex. US Currency ETF. The Fund seeks to achieve total returns reflective of both money market rates in selected emerging market countries available to foreign investors and changes to the value of these currencies relative to the U.S. dollar. Since the Fund's investment objective has been adopted as a non-fundamental investment policy, the Fund's investment objective may be changed without a vote of shareholders.

Yes, CEW is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, CEW is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on CEW is -0.0112%. This is the percent change in the value of CEW over the most recent 1-month period. The 3-month return on CEW is -0.0095%. This is the percent change in the value of CEW over the most recent 3-month period.

The standard deviation of CEW for the past year is 0.0721%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to CEW include FXF, FXB, and FXC.

ETFs correlated to CEW include EMLC, EBND, and LEMB.

ETFs that are inversely correlated to CEW include USDU, EDZ, and UUP.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.