WisdomTree Europe SmallCap Dividend Fund
ALTAR
Score™		 10.7% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 11.2x P/Sales
ratio		 0.6x
P/BV
ratio		 1.2x Div.
yield		 4.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree Europe SmallCap Dividend Fund seeks investment results that correspond to the performance of the WisdomTree Europe SmallCap Dividend Index. The Fund invests in small-capitalization co

FUND BASICS
Category International Equities
Fund Sponsor WisdomTree ETFs/USA
Website www.wisdomtree.com
Inception date Jun 16, 2006
Assets (mns) $158
Currency USD
Expense ratio 58 bp
Distributions Quarterly

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 290
Wgt avg mkt cap (mns) $1,262
Large cap (>$10bn) 5.7%
Mid cap ($2-10bn) 21.9%
Small cap (<$2bn) 72.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SARAS SPA 2.1 %
4IMPRINT GROUP PLC 1.6 %
MPC CONTAINER SHIPS ASA 1.5 %
REDROW PLC 1.4 %
OC OERLIKON CORP AG-REG 1.4 %
BANK OF GEORGIA HOLDINGS PLC 1.3 %
D/S NORDEN 1.3 %
OUTOKUMPU OYJ 1.2 %
PLUS500 LTD. 1.1 %
ANIMA HOLDING SPA 1.1 %
Total 13.8 %

TOP COUNTRY EXPOSURE
BRITAIN 27.9 %
ITALY 8.9 %
SWEDEN 8.7 %
NORWAY 5.9 %
SWITZERLAND 3.7 %
FRANCE 3.6 %
GERMANY 3.5 %
DENMARK 2.8 %
NETHERLANDS 2.2 %
SPAIN 2.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
2.4% 22.7% 4.5% 5.3% 5.0%

Market Correlations
versus... Beta R-squared
S&P500 0.99 62%
MSCI EAFE 1.17 90%
MSCI Emg. Mkts. 0.91 52%

Technical Indicators
Recent close $57.30
30d moving avg. $61.42
Annualized volatility 21.9%
Short interest (ETF) 0.7%
Relative strength (RSI) 42

Liquidity measures
Avg. volume (thou.) 9
Turnover 0.3%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $804

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 177 potential alternatives to the WisdomTree Europe SmallCap Dividend Fund ETF based on the alternatives' overlap in portfolio holdings with DFE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DFE Expense: 58 bp ALTAR Score™: 10.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DFE
Ticker Fund
Name		 Overlap1
vs DFE
(%)		 Expense
ratio
(bp)		 Savings
vs DFE
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DFE
(%)
DLS WisdomTree International SmallCap Dividend Fund 28.6 58 0 8.8 -1.9
EWUS iShares MSCI United Kingdom Small Cap ETF 13.3 59 -1 5.8 -5.0
IEUS iShares MSCI Europe Small-Cap ETF 12.1 42 16 6.4 -4.3
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 10.8 58 0 9.2 -1.5
AVDV Avantis International Small Cap Value ETF 9.6 36 22 8.1 -2.6
GWX SPDR S&P International Small Cap ETF 8.9 40 18 6.5 -4.3
DISV Dimensional International Small Cap Value ETF 8.7 42 16 9.1 -1.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 8.2 80 -22 10.8 +0.1
ISCF iShares International SmallCap Equity Factor ETF 8.2 23 35 9.1 -1.6
SCHC Schwab International Small-Cap Equity ETF 7.0 11 47 6.6 -4.2
DFIS Dimensional International Small Cap ETF 6.7 39 19 6.9 -3.9
FNDC Schwab Fundamental International Small Co. Index ETF 6.5 39 19 7.2 -3.5
SCZ iShares MSCI EAFE Small-Cap ETF 5.8 40 18 6.6 -4.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 5.3 49 9 7.0 -3.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 4.7 7 51 6.7 -4.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 4.0 39 19 7.4 -3.3
ENOR iShares MSCI Norway ETF 3.9 53 5 7.5 -3.2
NORW Global X MSCI Norway ETF 3.9 50 8 7.6 -3.2
FYLD Cambria Foreign Shareholder Yield ETF 3.0 59 -1 13.6 +2.9
DTH WisdomTree International High Dividend Fund 2.4 58 0 10.1 -0.6
CGV Conductor Global Equity Value ETF 2.1 130 -72 10.9 +0.2
IPAV Global X Infrastructure Development ex-U.S. ETF 2.1 55 3 9.7 -1.1
EDEN iShares MSCI Denmark ETF 2.0 53 5 6.9 -3.8
SNSR Global X Internet of Things ETF 1.9 68 -10 4.6 -6.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.8 58 0 6.4 -4.4
IQDG WisdomTree International Quality Dividend Growth Fund 1.8 42 16 6.8 -4.0
AVSD Avantis Responsible International Equity ETF 1.8 23 35 7.1 -3.7
EWN iShares MSCI Netherlands ETF 1.7 50 8 5.1 -5.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.7 10 48 7.7 -3.1
SEA U.S. Global Sea to Sky Cargo ETF 1.5 60 -2 21.5 +10.8
AVDE Avantis International Equity ETF 1.5 23 35 8.1 -2.7
DFSI Dimensional International Sustainability Core 1 ETF 1.4 24 34 6.5 -4.3
EFNL iShares MSCI Finland ETF 1.4 56 2 8.0 -2.7
EUDG WisdomTree Europe Quality Dividend Growth Fund 1.4 58 0 6.5 -4.2
SPEU SPDR Portfolio Europe ETF 1.3 7 51 7.1 -3.7
EWK iShares MSCI Belgium ETF 1.3 50 8 7.9 -2.9
SDIV Global X Superdividend ETF 1.3 58 0 14.9 +4.2
IEUR iShares Core MSCI Europe ETF 1.3 11 47 7.1 -3.7
EBLU Ecofin Global Water ESG Fund 1.3 40 18 4.9 -5.8
DWM WisdomTree International Equity Fund 1.3 48 10 8.0 -2.8
DFIC Dimensional International Core Equity 2 ETF 1.3 23 35 7.7 -3.0
VGK Vanguard FTSE Europe ETF 1.3 11 47 7.1 -3.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.3 56 2 13.5 +2.7
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.2 40 18 7.9 -2.8
IFGL iShares International Developed Real Estate ETF 1.2 48 10 6.9 -3.8
PRNT 3D Printing ETF 1.2 66 -8 0.7 -10.1
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.1 68 -10 2.1 -8.7
GFOF Grayscale Future of Finance ETF 1.1 70 -12 -0.7 -11.5
ITEQ BlueStar Israel Technology ETF 1.1 75 -17 1.2 -9.6
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.0 45 13 -0.6 -11.3
BOAT SonicShares Global Shipping ETF 0.9 69 -11 34.8 +24.1
VIDI Vident International Equity Strategy ETF 0.9 61 -3 10.2 -0.5
CTEC Global X CleanTech ETF 0.9 50 8 2.9 -7.9
FRNW Fidelity Clean Energy ETF 0.9 39 19 2.6 -8.2
BLLD JPMorgan Sustainable Infrastructure ETF 0.9 49 9 5.7 -5.1
IBOT Vaneck Robotics ETF 0.9 47 11 4.1 -6.6
IPKW Invesco International BuyBack Achievers ETF 0.9 55 3 11.0 +0.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.9 30 28 8.0 -2.8
IEFA iShares Core MSCI EAFE ETF 0.9 7 51 7.1 -3.6
PBD Invesco Global Clean Energy ETF 0.9 75 -17 -5.3 -16.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.8 12 46 8.3 -2.5
ISRA VanEck Israel ETF 0.8 59 -1 8.0 -2.8
RWX SPDR Dow Jones International Real Estate ETF 0.8 59 -1 7.4 -3.4
ROOF IQ CBRE NextGen Real Estate ETF 0.8 60 -2 8.1 -2.6
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.8 45 13 6.5 -4.2
IDV iShares International Select Dividend ETF 0.8 51 7 12.2 +1.5
DFAI Dimensional International Core Equity Market ETF 0.8 18 40 7.3 -3.5
ROBO ROBO Global Robotics & Automation Index ETF 0.7 95 -37 3.5 -7.3
OAIM OneAscent International Equity ETF 0.7 95 -37 5.1 -5.6
IDEV iShares Core MSCI International Developed Markets ETF 0.7 4 54 7.1 -3.6
HEDJ WisdomTree Europe Hedged Equity Fund 0.7 58 0 9.5 -1.3
IVEG iShares Emergent Food and AgTech Multisector ETF 0.7 47 11 8.0 -2.7
VEA Vanguard FTSE Developed Markets ETF 0.7 5 53 7.3 -3.4
ARB AltShares Merger Arbitrage ETF 0.7 77 -19 4.4 -6.4
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -31 4.9 -5.8
PAWZ ProShares Pet Care ETF 0.6 50 8 3.8 -7.0
FINE Themes European Luxury ETF 0.6 35 23 -2.3 -13.0
IXUS iShares Core MSCI Total International Stock ETF 0.6 7 51 7.2 -3.6
EFRA iShares Environmental Infrastructure and Industrials ETF 0.6 47 11 4.9 -5.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.6 39 19 7.5 -3.2
CCNR ALPS CoreCommodity Natural Resources ETF 0.6 39 19 11.0 +0.3
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.6 70 -12 3.5 -7.2
RAYD Rayliant Quantitative Developed Market Equity ETF 0.6 80 -22 3.8 -6.9
AHOY Newday Ocean Health ETF 0.6 75 -17 6.2 -4.6
VSGX Vanguard ESG International Stock ETF 0.5 12 46 6.8 -4.0
EIRL iShares MSCI Ireland ETF 0.5 50 8 7.1 -3.7
HART IQ Healthy Hearts ETF 0.5 45 13 5.0 -5.8
SPDW SPDR Portfolio Developed World ex-US ETF 0.5 3 55 7.2 -3.6
EATV VegTech Plant-based Innovation & Climate ETF 0.5 75 -17 2.1 -8.6
VXUS Vanguard Total International Stock ETF 0.5 7 51 7.2 -3.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.5 65 -7 0.2 -10.5
SMOG VanEck Low Carbon Energy ETF 0.5 61 -3 2.4 -8.4
VGSR Vert Global Sustainable Real Estate ETF 0.5 47 11 5.6 -5.1
ERET iShares Environmentally Aware Real Estate ETF 0.5 30 28 6.5 -4.3
PICK iShares MSCI Global Metals & Mining Producers ETF 0.4 39 19 12.8 +2.1
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.4 85 -27 3.5 -7.2
GDVD R3 Global Dividend Growth ETF 0.4 88 -30 5.5 -5.2
IWTR iShares MSCI Water Management Multisector ETF 0.4 47 11 5.0 -5.7
NATO Themes Transatlantic Defense ETF 0.4 35 23 3.2 -7.6
REET iShares Global REIT ETF 0.3 14 44 6.2 -4.5
DMAT Global X Disruptive Materials ETF 0.3 59 -1 10.5 -0.3
IQRA IQ CBRE Real Assets ETF 0.3 65 -7 5.2 -5.6
PIO Invesco Global Water ETF 0.3 75 -17 5.2 -5.6
SYNB Putnam BioRevolution ETF 0.3 70 -12 3.0 -7.7
IGRO iShares International Dividend Growth ETF 0.3 15 43 7.5 -3.2
GINN Goldman Sachs Innovate Equity ETF 0.3 52 6 2.8 -8.0
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.3 75 -17 4.7 -6.1
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 -4 3.6 -7.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.3 58 0 4.6 -6.2
CLNR IQ Cleaner Transport ETF 0.3 45 13 6.8 -3.9
MJ ETFMG Alternative Harvest 0.3 75 -17 -42.4 -53.1
OCEN IQ Clean Oceans ETF 0.3 45 13 6.1 -4.7
LVHI Franklin International Low Volatility High Dividend Index ET 0.3 40 18 10.1 -0.7
GOEX Global X Gold Explorers ETF 0.3 65 -7 4.4 -6.3
SGDJ Sprott Junior Gold Miners ETF 0.3 50 8 5.6 -5.1
VEGI iShares MSCI Agriculture Producers ETF 0.2 39 19 9.2 -1.5
SHPP Pacer Industrials and Logistics ETF 0.2 60 -2 9.9 -0.9
TINY ProShares Nanotechnology ETF 0.2 58 0 1.9 -8.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 16 8.1 -2.7
PEX ProShares Global Listed Private Equity ETF 0.2 81 -23 11.7 +1.0
PSP Invesco Global Listed Private Equity ETF 0.2 106 -48 7.7 -3.0
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 8 6.1 -4.6
EWO iShares MSCI Austria ETF 0.2 50 8 14.1 +3.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.2 46 12 9.3 -1.4
KROP Global X AgTech & Food Innovation ETF 0.2 50 8 4.7 -6.1
INTF iShares International Equity Factor ETF 0.2 15 43 8.2 -2.6
PTEC Global X PropTech ETF 0.2 50 8 1.6 -9.2
CUT Invesco MSCI Global Timber ETF 0.2 61 -3 8.4 -2.4
BATT Amplify Lithium & Battery Technology ETF 0.2 59 -1 -0.1 -10.9
BNE Blue Horizon BNE ETF 0.2 87 -29 4.6 -6.2
LIT Global X Lithium & Battery Tech ETF 0.2 75 -17 9.1 -1.7
REMX VanEck Rare Earth/Strategic Metals ETF 0.2 54 4 13.9 +3.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.2 46 12 4.9 -5.9
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.2 85 -27 8.6 -2.2
ION ProShares S&P Global Core Battery Metals ETF 0.2 58 0 15.5 +4.8
SHLD Global X Defense Tech ETF 0.2 50 8 4.6 -6.1
LIMI Themes Lithium & Battery Metal Miners ETF 0.2 35 23 4.7 -6.1
AGNG Global X Aging Population ETF 0.2 50 8 4.2 -6.5
MOO VanEck Agribusiness ETF 0.2 53 5 9.7 -1.0
WDNA WisdomTree BioRevolution Fund 0.2 45 13 -3.8 -14.5
VT Vanguard Total World Stock ETF 0.2 7 51 5.5 -5.2
RODE Hartford Multifactor Diversified International ETF 0.2 29 29 11.8 +1.0
DFGR Dimensional Global Real Estate ETF 0.1 22 36 6.2 -4.5
IQIN IQ 500 International ETF 0.1 25 33 9.2 -1.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 11 5.5 -5.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 49 5.4 -5.4
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 33 9.9 -0.9
VIGI Vanguard International Dividend Appreciation ETF 0.1 15 43 6.4 -4.3
AVRE Avantis Real Estate ETF 0.1 17 41 5.9 -4.9
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -2 3.8 -7.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 25 8.2 -2.5
DIHP Dimensional International High Profitability ETF 0.1 29 29 7.6 -3.1
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 29 6.5 -4.3
GLOF iShares Global Equity Factor ETF 0.1 20 38 7.0 -3.7
IDMO Invesco S&P International Developed Momentum ETF 0.0 25 33 5.9 -4.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 13 8.9 -1.8
FILL iShares MSCI Global Energy Producers ETF 0.0 39 19 9.6 -1.1
LUXX Roundhill S&P Global Luxury ETF 0.0 45 13 2.9 -7.9
ZSB USCF Sustainable Battery Metals Strategy Fund 0.0 61 -3 18.6 +7.9
AVIV Avantis International Large Cap Value ETF 0.0 25 33 9.0 -1.8
IQSI IQ Candriam International Equity ETF 0.0 15 43 6.6 -4.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.0 29 29 8.6 -2.2
DFIV Dimensional International Value ETF 0.0 27 31 10.0 -0.8
BKIE BNY Mellon International Equity ETF 0.0 4 54 7.1 -3.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 38 7.0 -3.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 37 3.8 -7.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.0 18 40 7.0 -3.7
IWC iShares Micro-Cap ETF 0.0 60 -2 -4.9 -15.6
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 41 5.3 -5.4
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 30 7.8 -3.0
DFUS Dimensional U.S. Equity ETF 0.0 9 49 4.9 -5.9
DOL WisdomTree International LargeCap Dividend Fund 0.0 48 10 7.9 -2.8
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 16 5.1 -5.6
VTI Vanguard Total Stock Market ETF 0.0 3 55 4.7 -6.0
VXF Vanguard Extended Market ETF 0.0 6 52 3.5 -7.3
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 40 5.4 -5.3
DCOR Dimensional US Core Equity 1 ETF 0.0 14 44 5.3 -5.4

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 WisdomTree Europe 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 13.0 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 58 bp
Equals: ALTAR Score 10.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.55 CATEGORY
AVERAGE		 1.60
 
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.