Key Features Of The Fund
Managed by Inspire, WWJD has amassed over $394.49 million in assets. It aims to match the INSPIRE INTERNATIONAL INDEX’s performance, focusing on large foreign and emerging market companies with a minimum Inspire Impact Score of zero. The fund incurs annual operating expenses of 0.66% and offers a 12-month trailing dividend yield of 2.41%. Delta Elec-nvdr, Genmab A/s, and Siam Cement-nvdr are among its top holdings, which together account for 6.31% of its total assets. Year-to-date, WWJD has gained about 24.92%, with a 12-month increase of roughly 15.28%. It has a beta of 0.90 and a standard deviation of 15.32% over three years, including 222 holdings to reduce specific company risks.Broader Economic Environment Impact
We must also consider the broader economic environment, which remains uncertain for international equities. Looking back, the persistent strength of the U.S. dollar, with the DXY index frequently trading above 104 through 2024 and 2025, continues to create challenges for returns on foreign assets. This sustained pressure makes buying protective put options on WWJD a reasonable strategy to safeguard against both currency risk and a potential market pullback. The fund’s high expense ratio of 0.66% presents a significant drag on performance compared to cheaper alternatives. We have seen a multi-year trend, with data from 2024 showing that over 90% of ETF inflows went to products with expense ratios below 0.20%, a pattern that has continued into this year. This makes a pairs trade, going long a low-cost broad international index ETF while shorting WWJD, an attractive proposition for capturing this efficiency gap. With a beta of 0.90 and a diversified base of 222 holdings, the fund is designed to be less volatile than the broader market. Recent market volatility has been moderate, with the VIX holding steady in the 16-19 range for the past quarter. Therefore, we should not expect sharp, outsized moves from WWJD, making it a less-than-ideal vehicle for long vega strategies seeking explosive gains. Create your live VT Markets account and start trading now.
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