This Year's Hottest ETF Now Luring Cautious Set of Europe Bulls
- Calls have soared 66% on ECB stimulus, Fed tightening wagers
- Investors are using options while money flows have slowed
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Hawkish rhetoric from Janet Yellen plus hints of fresh stimulus from Mario Draghi are making for a winning combination -- again.
That scenario at the beginning of the year sent record amount of cash into the WisdomTree Europe Hedged Equity Fund, catapulting it to the No. 1 spot for 2015 ETF inflows in the U.S. And now it’s playing out again, only this time around, investors burned by the stronger euro and summer selloff are making their wagers more cautiously -- via the derivatives market -- while the pace of inflows to the exchange-traded fund slows.