WisdomTree Commodity Index Announcement
08 July 2024
Update to the WisdomTree Energy Transition Metals Commodity Index and WisdomTree Battery Metals Commodity Index
Effective 15th July 2024, the index methodology for WisdomTree Energy Transition Metals Commodity Index (WTETMCTR) and WisdomTree Battery Metals Commodity Index (WTBMCTR) will be updated:
- For each component commodity, the weighting will be based on the Intensity Rating, which is calculated as 2/3 of Energy Transition Demand Rating plus 1/3 of Market Balance Rating.
- The index rebalance frequency will change to semi-annually in January and July.
The updated index methodology can be found here.
The following new target weights will be implemented before market open on 15th July 2024 (after market close on 12th July).
|
Energy Transition Metals |
New target weights |
Battery Metals |
New target weights |
|
| Aluminium | 16.60% | Aluminium | 24.69% | |
| Copper | 19.37% | Copper | 22.92% | |
| Nickel | 18.15% | Nickel | 22.93% | |
| Platinum | 2.44% | Zinc | 15.87% | |
| Silver | 12.29% | Lead | 10.58% | |
| Tin | 9.83% | Cobalt | 2.50% | |
| Zinc | 10.55% | Lithium | 0.50% | |
| Lead | 7.78% | |||
| Cobalt | 2.50% | |||
| Lithium | 0.50% |