WisdomTree Corn - EUR Daily Hedged (Ticker: IT:ECRN) is a specialized exchange-traded fund (ETF) designed for investors seeking exposure to the agricultural sector, with a specific focus on corn. Positioned in the extended term niche, this ETF offers a strategic approach to investing in the corn market, a vital commodity in global agriculture, known for its role in food production, livestock feed, and biofuel industries. By incorporating a daily hedged strategy against currency fluctuations in the Euro, WisdomTree Corn - EUR Daily Hedged aims to provide investors with a more stable and predictable return compared to unhedged alternatives, making it particularly appealing to European investors concerned about foreign exchange volatility. This fund is an ideal choice for those looking to diversify their portfolio with a commodity-focused asset that leverages the dynamics of the corn market, while mitigating currency risk, thereby enhancing potential long-term growth and stability.
Asset Class
Commodities
Region
Global
Issuer
WisdomTree
Index Tracked
Bloomberg Corn Subindex Euro Hedged Daily Index - EUR
Ticker Symbol
IT:ECRN
WisdomTree Corn - EUR Daily Hedged (ECRN) Fund Flow Chart
WisdomTree Corn - EUR Daily Hedged (ECRN) 1 year Net Flows: 482K
ECRN ETF FAQ
What was IT:ECRN’s price range in the past 12 months?
IT:ECRN lowest ETF price was 2.99 and its highest was 4.35 in the past 12 months.
What is the AUM of IT:ECRN?
As of Jan 29, 2025 The AUM of IT:ECRN is 1.21M.
Is IT:ECRN overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does IT:ECRN pay dividends?
IT:ECRN does not currently pay dividends.
How many shares outstanding does IT:ECRN have?
Currently, no data Available
Which hedge fund is a major shareholder of IT:ECRN?
Currently, no hedge funds are holding shares in IT:ECRN