Since Tuesday, two new exchange-traded funds issued by WisdomTree have been tradable on Xetra and Börse Frankfurt.
The WisdomTree Strategic Metals UCITS ETF offers investors access to a basket of commodities made up of exchange-traded metals related to the energy transition. This basket of commodities currently consists of futures contracts on aluminium, sheet metal, cobalt, copper, lithium, nickel, platinum, silver, zinc, and tin. These commodities are related to the energy transition, especially in connection with electric vehicles, power transmission, charging, energy storage, solar and wind energy, and hydrogen production.
The selection and weighting of eachmetal is based on an intensity rating that measures metrics of engagement and growth of each commodity related to energy transition technologies. The maximum weighting of a commodity is 20 per cent.
Investors can also purchase the ETF in the currency-hedged share class.
| Name | Asset class | ISIN | Ongoing charges | Reference index |
| WisdomTree Strategic Metals UCITS ETF – USD Acc | Commodity ETF | IE0007UE04X9 | 0.55 per cent | WisdomTree Energy Transition Metals Commodity UCITS Index |
| WisdomTree Strategic Metals UCITS ETF – EUR Hedged Acc | Commodity ETF | IE000611IJM3 | 0.55 per cent | WisdomTree Energy Transition Metals Commodity UCITS Index |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,332 ETFs. With this selection and an average monthly trading volume of around €18 billion, Xetra is the leading trading venue for ETFs in Europe.