WisdomTree adds lithium and cobalt to energy transition ETCs

There is now sufficient volume to introduce these two materials into WisdomTree Energy Transition Metals (WENT) and WisdomTree Battery Metals (WATT) due their fit with the respective strategies, the fund manager said. WisdomTree and ETFS Capital face off over performance concerns However, lithium and cobalt trade volumes remain low in comparison to other metals, WisdomTree said. Therefore, the indices' methodologies constrain the weights assigned to these two materials, which currently have target weights at rebalances for lithium and cobalt of 2.5% and 0.5%, respectively. W...