After the recent launch of two emerging market ETFs, WisdomTree has announced a new thematic ETF targeting automotive innovators. The WisdomTree Global Automotive Innovators UCITS ETF (WCAR) is available for trade on the Deutsch Boerse and Borsa Italiana while planning a later launch on the London Stock Exchange. WCAR looks to follow the Berylls LeanVal Global Automotive Innovators NTR index which is comprised of companies creating or involved in the future of the automotive industry.
ETF Newz Says:
The index looks to track four major trends: connectivity, shared mobility, electrification, and autonomous driving.