New commodity ETCs from WisdomTree on Xetra: commodity baskets with focus on energy storage solutions and energy transition
New commodity ETCs from WisdomTree on Xetra: commodity baskets with focus on energy storage solutions and energy transition
Two new exchange-traded commodities (ETCs) issued by WisdomTree are tradable on Xetra and Börse Frankfurt since Wednesday.
With the WisdomTree Battery Metals, investors can participate in the development of the value of a commodity basket of futures contracts that are used for energy storage solutions by means of batteries. The commodities used include aluminium, gold, copper, nickel, platinum, palladium, silver, and zinc, which are required for electric vehicles, charging stations and energy storage systems, among other things.
The WisdomTree Energy Transition Metals offers investors access to a commodity basket of futures contracts that are used in connection with the energy transition. Energy transition applications include electric vehicle batteries, energy storage and fuel cells, wind power, solar power, and other renewable technologies.
Name | Asset class | ISIN | Management fee | Reference index |
WisdomTree Battery Metals | ETC | 0.45 per cent | WisdomTree Battery Metals Commodity TR Index | |
WisdomTree Energy Transition Metals | ETC | 0.45 per cent | WisdomTree Energy Transition Metals Commodity TR Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,839 ETFs, 172 ETCs and 150 ETNs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.