WisdomTree U.S. SmallCap Dividend Fund
ALTAR
Score™
6.7% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
18.4x P/Sales
ratio
1.1x
P/BV
ratio
1.7x Div.
yield
3.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree SmallCap Dividend Fund seeks investment results that correspond to the WisdomTree SmallCap Dividend Index, which tracks small-capitalization companies that pay regular cash dividends.

FUND BASICS
Category US Equities
Fund Sponsor WisdomTree Investments Inc
Website www.wisdomtree.com
Inception date Jun 16, 2006
Assets (mns) $1,652
Currency USD
Expense ratio 38 bp
Distributions Monthly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Dividend
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 588
Wgt avg mkt cap (mns) $1,650
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 38.6%
Small cap (<$2bn) 60.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
B&G FOODS INC-CLASS A 1.7 %
VECTOR GROUP LTD 1.6 %
COMPASS MINERALS INTERNATION 1.3 %
RENT-A-CENTER INC 1.2 %
KONTOOR BRANDS, INC. 1.2 %
SOUTH JERSEY INDUSTRIES 1.0 %
AVISTA CORP 1.0 %
GREIF INC-CL A 1.0 %
PATTERSON COS INC 0.9 %
ARCHROCK INC. 0.8 %
Total 11.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.8 %
PUERTO RICO 0.4 %
CANADA 0.2 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-4.3% -4.3% 7.5% 8.7% 6.8%

Market Correlations
versus... Beta R-squared
S&P500 1.22 80%
MSCI EAFE 1.21 78%
MSCI Emg. Mkts. 1.01 69%

Technical Indicators
Recent close $28.22
30d moving avg. $27.20
Annualized volatility 25.7%
Short interest (ETF) 0.1%
Short interest (Underlying) 6.8%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 423
Turnover 0.7%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $4,030

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the WisdomTree U.S. SmallCap Dividend Fund ETF based on the alternatives' overlap in portfolio holdings with DES. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DES Expense: 38 bp ALTAR Score™: 6.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DES
Ticker Fund
Name
Overlap1
vs DES
(%)
Expense
ratio
(bp)
Savings
vs DES
(bp)
ALTAR
Score™
(%)
ALTAR
vs DES
(%)
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 44.8 38 0 7.0 +0.4
RNSC Small Cap US Equity Select ETF 43.2 60 -22 6.0 -0.7
EES WisdomTree SmallCap Earnings Fund 39.9 38 0 7.5 +0.9
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 37.1 35 3 6.0 -0.7
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 37.0 35 3 6.0 -0.7
TPSC Timothy Plan US Small Cap Core ETF 36.7 52 -14 5.7 -1.0
VIOV Vanguard S&P Small-Cap 600 Value ETF 31.9 15 23 6.9 +0.2
FYT First Trust Small Cap Value AlphaDEX Fund 31.2 72 -34 7.9 +1.3
FYX First Trust Small Cap Core AlphaDEX Fund 30.0 63 -25 5.4 -1.3
IJS iShares S&P Small-cap 600 Value ETF 29.9 18 20 6.8 +0.1
SLYV SPDR S&P 600 Small Cap Value ETF 29.9 15 23 6.9 +0.2
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 28.9 35 3 7.2 +0.5
SLY SPDR S&P 600 Small Cap ETF 28.8 15 23 5.5 -1.1
SPSM SPDR Portfolio Small Cap ETF 28.8 5 33 5.6 -1.0
VIOO Vanguard S&P Small-Cap 600 ETF 28.7 10 28 5.5 -1.1
IJR iShares Core S&P Small Cap ETF 28.4 6 32 5.6 -1.1
XJR iShares ESG Screened S&P Small-Cap ETF 28.4 12 26 5.7 -0.9
IWN iShares Russell 2000 Value ETF 28.3 24 14 5.0 -1.6
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 27.7 29 9 4.9 -1.7
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 27.5 40 -2 5.1 -1.6
VTWV Vanguard Russell 2000 Value Index Fund 26.8 15 23 5.1 -1.5
ROSC Hartford Multifactor Small Cap ETF 26.5 34 4 6.5 -0.2
PSC Principal U.S. Small Cap Index ETF 25.0 38 0 4.6 -2.1
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 24.8 35 3 4.9 -1.8
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 24.7 12 26 6.0 -0.7
SVAL iShares US Small Cap Value Factor ETF 23.5 20 18 8.3 +1.6
VTWO Vanguard Russell 2000 Index Fund 23.5 10 28 2.6 -4.0
AVUV Avantis U.S. Small Cap Value ETF 23.4 25 13 6.3 -0.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 23.2 20 18 3.8 -2.9
CSML IQ Chaikin U.S. Small Cap ETF 23.1 35 3 2.8 -3.9
SSLY Syntax Stratified SmallCap ETF 22.7 30 8 4.9 -1.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 22.0 39 -1 3.4 -3.2
ISMD Inspire Small/Mid Cap Impact ETF 21.8 60 -22 4.3 -2.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 21.5 29 9 4.2 -2.5
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 21.5 39 -1 3.9 -2.8
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 20.7 9 29 3.3 -3.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 20.3 39 -1 5.3 -1.4
SQLV Legg Mason Small-Cap Quality Value 19.6 62 -24 4.1 -2.6
STSB iShares Factors US Small Blend Style ETF 19.5 35 3 2.9 -3.8
FNDA Schwab Fundamental U.S. Small Co. Index ETF 19.5 25 13 4.8 -1.9
IWM iShares Russell 2000 ETF 19.1 19 19 2.5 -4.2
AFSM First Trust Active Factor Small Cap ETF 18.8 77 -39 4.3 -2.4
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 18.7 30 8 6.0 -0.7
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 17.1 30 8 7.3 +0.6
SLYG SPDR S&P 600 Small Cap Growth ETF 17.1 15 23 4.4 -2.3
IJT iShares S&P Small-Cap 600 Growth ETF 16.9 18 20 4.3 -2.4
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 16.9 29 9 -0.3 -6.9
VIOG Vanguard S&P Small-Cap 600 Growth ETF 16.8 16 22 4.3 -2.4
XSLV Invesco S&P SmallCap Low Volatility ETF 16.7 25 13 4.6 -2.1
PSCF Invesco S&P SmallCap Financials ETF 15.7 29 9 9.0 +2.3
VFQY Vanguard U.S. Quality Factor ETF 15.4 13 25 5.3 -1.4
IUSS Invesco Strategic US Small Company ETF 15.1 23 15 3.6 -3.0
VFVA Vanguard U.S. Value Factor ETF 14.8 14 24 8.5 +1.8
IWC iShares Micro-Cap ETF 14.5 60 -22 -3.2 -9.8
QABA First Trust NASDAQ ABA Community Bank Index Fund 14.4 60 -22 7.4 +0.8
SCHA Schwab U.S. Small-Cap ETF 14.0 4 34 3.6 -3.1
FSMD Fidelity Small-Mid Factor ETF 13.7 29 9 5.2 -1.4
SMDV ProShares Russell 2000 Dividend Growers ETF 13.6 41 -3 5.5 -1.1
FYC First Trust Small Cap Growth AlphaDEX Fund 12.5 70 -32 1.7 -5.0
NUSC Nuveen ESG Small-Cap ETF 12.0 40 -2 3.9 -2.7
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 12.0 20 18 3.6 -3.0
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 11.9 24 14 4.9 -1.8
VBR Vanguard Small Cap Value Index Fund 11.8 7 31 6.4 -0.2
KRE SPDR S&P Regional Banking ETF 11.8 35 3 7.5 +0.8
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 11.8 17 21 4.0 -2.6
RZV Invesco S&P Smallcap 600 Pure Value ETF 11.7 35 3 6.8 +0.2
VFLQ Vanguard U.S. Liquidity Factor ETF 11.6 14 24 3.5 -3.2
VFMF Vanguard U.S. Multifactor ETF 11.5 19 19 6.1 -0.5
DEEP Roundhill Acquirers Deep Value ETF 11.5 80 -42 7.8 +1.2
PBSM Invesco PureBeta MSCI USA Small Cap ETF 11.5 6 32 4.0 -2.6
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 11.4 80 -42 4.7 -2.0
FAB First Trust Multi Cap Value AlphaDEX Fund 10.8 71 -33 7.5 +0.9
SIXS 6 Meridian Small Cap Equity ETF 10.5 97 -59 7.1 +0.5
XSVM Invesco S&P SmallCap Value with Momentum ETF 10.5 39 -1 6.8 +0.1
IFRA iShares U.S. Infrastructure ETF 10.0 40 -2 4.9 -1.7
CALF Pacer US Small Cap Cash Cows 100 ETF 9.7 59 -21 8.7 +2.1
XSHQ Invesco S&P SmallCap Quality ETF 9.5 29 9 5.3 -1.4
BFOR Barron's 400 ETF 9.4 65 -27 5.6 -1.1
JKJ iShares Morningstar Small-Cap ETF 9.4 25 13 5.1 -1.6
VTWG Vanguard Russell 2000 Growth Index Fund 9.2 15 23 0.1 -6.6
IWO iShares Russell 2000 Growth ETF 9.1 24 14 -0.1 -6.8
XSMO Invesco S&P SmallCap Momentum ETF 9.1 39 -1 3.6 -3.1
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 8.8 20 18 7.1 +0.5
WBIY WBI Power Factor High Dividend ETF 8.7 70 -32 8.5 +1.8
PSCI Invesco S&P SmallCap Industrials ETF 8.6 29 9 5.0 -1.7
SIXL 6 Meridian Low Beta Equity Strategy ETF 8.5 84 -46 4.0 -2.6
EWMC Invesco S&P MidCap 400 Equal Weight ETF 8.4 40 -2 5.6 -1.0
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 8.3 29 9 6.4 -0.3
EZM WisdomTree U.S. MidCap Earnings Fund 8.3 38 0 7.6 +0.9
VAMO Cambria Value & Momentum ETF 8.0 63 -25 5.4 -1.3
RFV Invesco S&P Midcap 400 Pure Value ETF 8.0 35 3 8.8 +2.2
OUSM O'Shares FTSE Russell Small Cap Quality Dividend ETF 7.9 48 -10 5.5 -1.1
RZG Invesco S&P Smallcap 600 Pure Growth ETF 7.8 35 3 3.7 -2.9
VB Vanguard Small-Cap ETF 7.5 5 33 4.4 -2.3
VXF Vanguard Extended Market Index Fund 7.4 6 32 2.5 -4.2
SMDY Syntax Stratified MidCap ETF 7.3 30 8 5.1 -1.5
VUSE Vident Core US Equity Fund 7.2 48 -10 7.4 +0.7
JKL iShares Morningstar Small Cap Value ETF 7.1 30 8 7.6 +0.9
KBE SPDR S&P Bank ETF 7.0 35 3 8.2 +1.6

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
WisdomTree U.S. SmallCap Dividend Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.1 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 38 bp
Equals: ALTAR Score 6.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.58 CATEGORY
AVERAGE
1.49
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.