HEDJ: WISDOMTREE EUROPE HEDGED EQUITY FUND
Share-split context: A forward split was recorded on Aug 10, 2023 with coefficient 2. A forward split turns each old share into multiple new shares and lowers the quoted price per share proportionally. Proportional ownership is unchanged at the split moment, so the split itself creates neither a gain nor a loss. The price-return figures in this report are already split-adjusted.
What this ETF is trying to do
The WisdomTree Europe Hedged Equity Fund (HEDJ) is an exchange-traded fund (ETF) that focuses on stocks in Europe. It holds a variety of different companies, with a total of 132 holdings reported as of October 8, 2026.
What the numbers show
As of October 7, 2026, the current price of one share is $55.39. When looking at how this fund has performed, it is important to understand two different types of returns: price return and total return.
• Price return only measures how much the share price itself has changed.
• Total return includes both the change in share price and any cash distributions (dividends) paid out to investors.
Over the last year, the one-year price return was approximately 8.57%, while the one-year total return was higher at approximately 10.54%. Looking further back, the three-year price return was about 40.73%, and the three-year total return was approximately 51.03%. Year-to-date (YTD), the price return is 4.39% and the total return is 6.29%.
This fund has a history of "forward splits." The most recent happened on August 10, 2023. In a forward split, each old share becomes multiple new shares (in this case, two). When this happens, the price per share falls proportionally, but your proportional ownership of the fund stays exactly the same. A split does not create a gain or a loss for the investor.
Income and distribution explanation
Some investors look at ETFs for cash income. This is called the distribution yield. For HEDJ, the distribution yield is approximately 1.86%. The trailing distributions were $1.03.
It is important to remember that the distribution yield is not the same as your total return. Also, these payments are described as "irregular" or "less frequent." In the last 12 months, there were two payouts.
NAV erosion explanation
NAV erosion refers to a decline in the value of the underlying assets that the ETF owns. Some investors worry about this because if the value of the assets drops significantly, it can affect the share price. For HEDJ, the erosion-risk score is 100, and the label states "No price erosion detected." The severity is rated as "good," and there is no severe erosion-risk flag.
Pros
• Positive Returns: The fund has shown positive price returns and total returns over one-year and three-year periods.
• Low Erosion Risk: The data shows no detected price erosion.
• Diversification: The fund holds 132 different assets. Some of its Top Holdings include:
• Banco Bilbao Vizcaya Argentaria SA (7.35%)
• ASML Holding NV (6.74%)
• Banco Santander SA (4.65%)
• Siemens AG (4.45%)
Cons
• Irregular Income: The distributions are not paid out on a regular, predictable schedule.
Beginner takeaway
HEDJ is an ETF that tracks European companies. While the share price moves up and down, the total return—which includes cash payments—has been higher than the price return alone over the last three years. Because this fund has had a forward split in the past, the share price may look different than it did before the split, but your ownership remains the same. Always remember that high yields or price changes are different things, and holdings can change over time.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | BANCO BILBAO VIZCAYA ARGENTARIA SA | n/a | 7.35% |
| 2 | ASML HOLDING NV | n/a | 6.74% |
| 3 | BANCO SANTANDER SA | n/a | 4.65% |
| 4 | SIEMENS AG | n/a | 4.45% |
| 5 | DEUTSCHE TELEKOM AG | n/a | 4.05% |
| 6 | LVMH MOET HENNESSY LOUIS VUITTON SE | n/a | 3.81% |
| 7 | SANOFI SA | n/a | 3.70% |
| 8 | L'OREAL SA | n/a | 3.24% |
| 9 | ANHEUSER-BUSCH INBEV SA/NV | n/a | 2.57% |
| 10 | BASF SE | n/a | 2.16% |