WisdomTree Investments, Inc. (NASDAQ: WETF) is a New York-based exchange-traded fund (“ETF”) and exchange-traded product ("ETP") sponsor and asset manager. WisdomTree launched its first ETFs in June 2006, and is currently the industry’s fifth largest ETF provider in the United States. WisdomTree sponsors 71 distinct ETFs that span asset classes and countries around the world. Categories include: U.S. and International Equity, Currency, Fixed Income and Alternatives. WisdomTree's largest ETF in terms of AUM is the WisdomTree Japan Hedged Equity Fund NYSE: DXJ, which had over $17.25 billion on April 24, 2015. The ETFs invests in Japanese equities but tries to hedge out currency risks due to the changing exchange rates between the US Dollar and the Japanese Yen. WisdomTree was one of the pioneers for the concept of fundamentally weighted ETFs and active ETFs and is currently an industry leader in both categories. WisdomTree is the only publicly traded asset manager exclusively focused on the ETP industry. WisdomTree manages approximately $61.71 billion in ETF assets under management, as of April 24, 2015.