The WisdomTree Aluminium - EUR Daily Hedged ETF, trading under the ticker IT:EALU, offers investors a strategic gateway into the industrial metals market with a specialized focus on aluminum. Designed for those seeking exposure to this essential metal, the fund provides a unique opportunity to capitalize on the dynamics of the aluminum market, with the added benefit of a currency hedge in euros. This ETF is tailored for investors interested in an extended-term niche, allowing them to harness the potential of aluminum as a fundamental component of industrial growth and development.
WisdomTree Aluminium - EUR Daily Hedged stands out by offering daily currency hedging against euro fluctuations, thereby reducing the volatility associated with currency exchange rate movements. This feature is particularly advantageous for European investors looking to minimize risk while investing in global commodities. The ETF is categorized under industrial metals, presenting a focused approach that aligns with the increasing demand for aluminum driven by sectors such as automotive, construction, and packaging.
As aluminum continues to play a pivotal role in modern infrastructure and technology innovations, the WisdomTree Aluminium - EUR Daily Hedged ETF provides a streamlined investment vehicle to gain exposure to this vital market. Whether you're a seasoned investor looking to diversify your portfolio or a newcomer eager to explore the opportunities in industrial metals, this ETF offers a well-defined path to potentially benefit from the long-term trends shaping the aluminum industry.
Asset Class
Commodities
Region
Global
Issuer
WisdomTree
Index Tracked
Bloomberg Aluminum Subindex Euro Hedged Daily - EUR
Ticker Symbol
IT:EALU
WisdomTree Aluminium - EUR Daily Hedged (EALU) Fund Flow Chart
WisdomTree Aluminium - EUR Daily Hedged (EALU) 1 year Net Flows: -19M
EALU ETF FAQ
What was IT:EALU’s price range in the past 12 months?
IT:EALU lowest ETF price was 4.85 and its highest was 6.90 in the past 12 months.
What is the AUM of IT:EALU?
As of Jan 29, 2025 The AUM of IT:EALU is 10.54M.
Is IT:EALU overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does IT:EALU pay dividends?
IT:EALU does not currently pay dividends.
How many shares outstanding does IT:EALU have?
Currently, no data Available
Which hedge fund is a major shareholder of IT:EALU?
Currently, no hedge funds are holding shares in IT:EALU