So the DAX and CAC40 are down about 3% and this Europe ETF is up 0.31% right now. Do you guys know why this is happening?
VGK going up while Europe crashes?
- Thread starter Morning Attack
- Start date
I see. Thank you.
There is also a hedged ETF called HEDJ that tracks Europe that could be used in the USA
http://www.wisdomtree.com/etfs/fund-details.aspx?etfid=73
"...is designed to provide exposure to European equities while at the same time neutralizing exposure to fluctuations between the Euro and the U.S. dollar. In this sense, the Index "hedges" against fluctuations in the relative value of the Euro against the U.S. dollar."
http://www.wisdomtree.com/etfs/fund-details.aspx?etfid=73
"...is designed to provide exposure to European equities while at the same time neutralizing exposure to fluctuations between the Euro and the U.S. dollar. In this sense, the Index "hedges" against fluctuations in the relative value of the Euro against the U.S. dollar."