Lately, the land of the rising sun has been the land of the falling yen. While single-country equity exposure to Japan has provided investors with relative outperformance year-to-date (YTD), they appear to be better off shedding the currency drag.
For investors seeking momentum, Xtrackers MSCI Europe Hedged Equity ETF DBEU is probably on the radar. The fund just hit a 52-week high and is up 19% from its 52-week low of $38.58 per share.
DBEU's Euro-hedged approach misses potential Euro upside. Macro in Europe isn't benefiting from a weakening of the EUR, which was expected to offset tariff impacts. There is a secondary China product glut to worry about with European macro.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 2,062 | $71,374.22 | $110,244.83 | $38,870.61 | 54.46% |
| YA Yinka Akinsola Blue Trust Inc. | 592 | $18,565.12 | $31,583.2 | $13,018.08 | 70.12% |
Kimberly Cappellano Private Wealth Asset Management LLC | 477 | $22,896 | $25,500.42 | $2,604.42 | 11.37% |
| SE Sima Elimelech Activest Wealth Management | 2,109 | $75,009.01 | $112,979.13 | $37,970.12 | 50.62% |
Cliff A. Demarest Consilium Wealth Advisory LLC | 16,924 | $615,695.12 | $906,957.16 | $291,262.04 | 47.31% |
| ARCA Exchange | US Country |
The fund operates with a strategic focus on providing investors with exposure to the developed European market, employing a passive or indexing investment approach. Its primary goal is to achieve investment results that mirror the performance of its underlying index, which is meticulously designed to track developments within Europe's affluent markets. Importantly, this strategy includes a safeguard against the volatility often encountered in the forex space, specifically the fluctuations between the U.S. dollar and the European nations' currencies constituting the index. This feature makes the fund an attractive option for investors looking to diversify their portfolio internationally without the added risk of currency fluctuation impacts.
The fund offers a distilled investment vehicle focusing on European markets with specific characteristics: