3-Jan-2025
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The WisdomTree International Hedged Quality Dividend Growth Index is designed to provide exposure to the developed market companies while at the same time neutralizing exposure to fluctuations between the value of foreign currencies and the U.S. dollar. In this sense, the Index "hedges" against fluctuations in the relative value of foreign currencies against the U.S. dollar. The Index is comprised of the top 300 companies from the WisdomTree International Equity Index with the best combined rank of growth and quality factors. The growth factor ranking is based on long-term earnings growth expectations, while the quality factor ranking is based on three year historical averages for return on equity and return on assets.
WisdomTree International Hedged Quality Dividend Growth trades on the ARCA stock market under the symbol IHDG.
As of January 3, 2025, IHDG stock price climbed to $43.77 with 256,751 million shares trading.
IHDG has a beta of 0.82, meaning it tends to be less sensitive to market movements. IHDG has a correlation of 0.64 to the broad based SPY ETF.
IHDG has a market cap of $2.75 billion. This is considered a Mid Cap stock.
In the last 3 years, IHDG traded as high as $46.96 and as low as $35.29.
IHDG has underperformed the market in the last year with a return of +8.1%, while the SPY ETF gained +27.8%. In the last 3 month period, IHDG fell short of the market, returning -2.2%, while SPY returned +4.6%. However, in the most recent 2 weeks IHDG has outperformed the stock market by returning +1.6%, while SPY returned +0.1%.
IHDG support price is $43.47 and resistance is $44.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IHDG shares will trade within this expected range on the day.