EENR
WisdomTree Energy - EUR Daily Hedged
Overview
| Product Overview | |
|---|---|
| Base Currency | EUR |
| ISIN | JE00B78NNV14 |
| Leverage Factor | N/A |
| Structure | |
|---|---|
| Domicile | Jersey |
| Replication method | Synthetic - fully funded collateralised swap |
| Legal form | Debt security |
| Legal structure | ETC |
| Further Legal and Tax Information | |
|---|---|
| ISA | Eligible |
| SIPP | Eligible |
| Securities regulator | Central Bank of Ireland (CBI) |
| Securities regulator | Financial Conduct Authority (FCA UK) |
| UCITS Eligible | Eligible |
| Key Service Providers | |
|---|---|
| Trustee | The Law Debenture Trust Corporation p.l.c. |
| Issuer | WisdomTree Hedged Commodity Securities Limited |
| Registrar | Computershare Investor Services (Jersey) Ltd |
| Collateral manager | The Bank of New York Mellon |
| Counterparty | Citigroup Global Markets Limited, Merrill Lynch Commodities Inc. |
| Fees | |
|---|---|
| MER | 0.49% |
| Annual Swap Rate | 0.67% |
Listings & Codes
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Performance
| Benchmark | |
|---|---|
| Month-To-Date (mtd) | 3.97% |
| Year-To-Date (ytd) | 63.15% |
| 1 Year | 48.87% |
| 2 Year | 39.33% |
| 3 Year | 46.94% |
| 4 Year | -23.15% |
| 5 Year | 66.34% |
| Product | |
|---|---|
| Month-To-Date (mtd) | 3.95% |
| Year-To-Date (ytd) | 62.15% |
| 1 Year | 46.66% |
| 2 Year | 35.15% |
| 3 Year | 40.47% |
| 4 Year | -28.11% |
| 5 Year | 53.24% |
Benchmark Composition
Sector Breakdown
Index
Bloomberg Energy Subindex Euro Hedged Daily Total Return
The Index is designed to reflect the movement in the price of the futures contracts (that are continuously rolled on a pre-determined rolling schedule) of the energy commodities used in the Bloomberg Commodity IndexSM: Crude Oil, Natural Gas, Brent Crude, RBOB Gasoline and Heating Oil, as well as incorporating a currency hedge against movements in the EUR/USD exchange rate. The currency hedge is rebalanced daily. A futures contract is an agreement to purchase a commodity at an agreed price, with delivery and payment to take place at a specified point in the future. Futures contracts are generally disposed of just before the term of the contract expires and new contracts entered into in order to avoid taking actual delivery of the commodity in question (a process known as 'rolling'), so that continuous exposure to the commodity is maintained. The contracts being purchased may be more expensive than the contracts being sold which would cause an investor in commodity futures to make an additional loss. This market trend is known as 'contango'. Alternatively the contracts being purchased may be cheaper than the ones being sold which would result in an additional gain, known as 'backwardation'. This price difference is commonly referred to as "roll yield". As the roll yield is incorporated into the calculation of the value of the Index, it may therefore have a positive or negative impact on the value of the Index depending on whether there is contango or backwardation. The ETC will also be affected as its value is based upon the value of the Index.
| Index Details | |
|---|---|
| Index Name | Bloomberg Energy Subindex Euro Hedged Daily Total Return |
| Index Provider | Bloomberg |
| Index Constituent Count | 6 |
| Currency | EUR |
| Bloomberg Ticker | BUENDET |
| Reuters Index Ticker | .BUENDET |
| Index Website | |
| Security | 02 Jun 2026 |
|---|---|
| 1. ICE Brent Crude | 30.59% |
| 2. NYMEX WTI Crude | 25.69% |
| 3. NYMEX Natural Gas | 13.04% |
| 4. Gas Oil | 13.01% |
| 5. NYMEX Heating Oil | 9.91% |
| 6. NYMEX RBOB Gasoline | 7.77% |
Collateral Details
| Country (weighting) | 02 Jun 2026 |
|---|---|
| 1. UNITED STATES | 60.20% |
| 2. AUSTRIA | 13.74% |
| 3. FINLAND | 12.36% |
| 4. GERMANY | 8.49% |
| 5. NETHERLANDS | 5.21% |
| Currency (weighting) | 02 Jun 2026 |
|---|---|
| 1. US Dollar | 60.20% |
| 2. Euro | 39.80% |
| Constituents Top 20 | 02 Jun 2026 |
|---|---|
| 1. 0 5/8 TRIN D 32 | 33.47% |
| 2. 1 7/8 BOND 51 | 15.42% |
| 3. REPUBLIC OF AUSTRI 2.9 23MAY29 144A | 13.54% |
| 4. FINLAND GOVERNMEN 0.75 15APR31 144A | 12.18% |
| 5. 4 1/4 TPRN 54 | 8.94% |
| 6. BUNDESREPUBLIK DEUTSCHL 2.2 15FEB34 | 8.54% |
| 7. NETHERLANDS GOVER 2.75 15JUL36 144A | 5.24% |
| 8. 4 1/4 NOTE H 31 | 2.68% |
| 9. BUNDESREPUBLIK DEUTSCH 3.25 04JUL42 | 0.00% |
Documents
Historical Data
Securities issued by the Issuer are direct, limited recourse obligations of the relevant Issuer alone and are not obligations of or guaranteed by Citigroup Global Markets Limited (“CGML”), Citigroup Global Markets Holdings Inc. (“CGMH”), Merrill Lynch International ("MLI"), Bank of America Corporation ("BAC") or any of their affiliates. Each of CGML, CGMH, MLI and BAC disclaim all and any liability whether arising in tort, contract or otherwise which they might have in respect of this document or its contents otherwise arising in connection herewith.
Bloomberg® and the Bloomberg Commodity IndexesSM are service marks of Bloomberg Finance L.P. and its affiliates (collectively, “Bloomberg”) and have been licensed for use by the Issuer. Although the securities issued by the Issuer are based on the Bloomberg Commodity IndexesSM, neither Bloomberg nor UBS Securities LLC and its affiliates (collectively “UBS”) are affiliated with the Issuer and Bloomberg and UBS do not approve, endorse, review, or recommend such securities. Neither Bloomberg nor UBS guarantees the timeliness, accurateness, or completeness of any data or information relating to the Bloomberg Commodity IndexesSM and make no representation regarding the advisability of investing in such product(s).