This fund, which launched in early 2012, was the first fund to employ a Denmark-specific strategy. The fund, which was quick to grab investor attention, charges an expense ratio of 53 basis points, somewhat high for a developed economy exposure. As is typical of first to market country products, EDEN’s portfolio is relatively shallow. The fund has just over 30 securities with nearly two thirds of the fund’s assets dedicated to the top ten holdings. Investors will also notice a large tilt towards health care and industrial equities while leaving other sectors relatively untouched. The fund executes a large cap tilt with the majority of its holdings, giving added stability to the product. It should be noted that EDEN launched in the midst of the second euro-zone crisis meaning that it fought an uphill battle from the start. For those looking to target exposure to this European nation, EDEN offers a strong investment thesis, but this product is likely too targeted for the majority of the investing population.
The adjacent table gives investors an individual Realtime Rating for EDEN on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Europe Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 24 other ETFs in the Europe Equities ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of EDEN relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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