ANPDY - Lowering Your China Risk

2023-05-17 23:07:00 ET

Summary

• Chinese equities have recently been driven by idiosyncratic risks: China’s self-inflicted tech regulations, U.S.-China trade tensions, overbuilding and problems with real estate developers, and COVID-19 lockdowns and questions over the pandemic’s origins to name a few.
• The WisdomTree Emerging Markets Quality Dividend Growth Fund rebalanced and re-allocated completely away from China, while our Emerging Market Multifactor ETF lowered the weight in China to less than half that of the broad MSCI EM Index.
• After the rebalance, the ex-ante beta of DGRE to the MSCI EM Index was materially lowered from 0.97 to 0.87.

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