WisdomTree Emerging Markets Quality Dividend Growth Fund
ALTAR
Score™
9.0% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
14.5x P/Sales
ratio
1.3x
P/BV
ratio
1.7x Div.
yield
3.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree Emerging Markets Dividend Growth Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the WisdomTree Emerging Markets Dividend Growth Index. The Fund invests in dividend-paying companies with growth characteristics that are incorporated in emerging markets.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor WisdomTree Asset Management In
Website www.wisdomtree.com
Inception date Aug 01, 2013
Assets (mns) $82
Currency USD
Expense ratio 32 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian WisdomTree Asset Management Inc
Weighting Dividend
Index replication Optimized
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 255
Wgt avg mkt cap (mns) $79,514
Large cap (>$10bn) 53.4%
Mid cap ($2-10bn) 40.9%
Small cap (<$2bn) 4.8%
Developed mkts 9.5%
Emerging mkts 90.5%

TOP TEN HOLDINGS
TENCENT HOLDINGS LTD 5.8 %
TAIWAN SEMICONDUCTOR MANUFAC 4.9 %
SAMSUNG ELECTRONICS CO LTD 3.4 %
HARTALEGA HOLDINGS BHD 1.1 %
PING AN INSURANCE GROUP CO-H 1.0 %
INFOSYS TECHNOLOGIES LTD 1.0 %
HYNIX SEMICONDUCTOR INC 0.8 %
NETEASE.COM INC-ADR 0.8 %
ZHONGSHENG GROUP HOLDINGS 0.8 %
TATA CONSULTANCY SVS LTD 0.7 %
Total 20.2 %

TOP COUNTRY EXPOSURE
CHINA 28.4 %
TAIWAN 13.8 %
SOUTH KOREA 10.9 %
INDIA 8.8 %
HONG KONG 8.4 %
BRAZIL 5.5 %
INDONESIA 5.5 %
RUSSIA 3.1 %
MALAYSIA 3.0 %
MEXICO 2.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-5.9% 5.9% 7.1% -- 3.1%

Market Correlations
versus... Beta R-squared
S&P500 0.87 62%
MSCI EAFE 1.04 74%
MSCI Emg. Mkts. 0.92 92%

Technical Indicators
Recent close $24.97
30d moving avg. $24.61
Annualized volatility 19.5%
Short interest (ETF) 0.0%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 7
Turnover 0.2%
Bid/Ask (% of price) 0.38%
ADV underlying (mns) $12,516

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the WisdomTree Emerging Markets Quality Dividend Growth Fund ETF based on the alternatives' overlap in portfolio holdings with DGRE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DGRE Expense: 32 bp ALTAR Score™: 9.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DGRE
Ticker Fund
Name
Overlap1
vs DGRE
(%)
Expense
ratio
(bp)
Savings
vs DGRE
(bp)
ALTAR
Score™
(%)
ALTAR
vs DGRE
(%)
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 38.0 45 -13 7.5 -1.5
DVEM WisdomTree Emerging Markets Dividend Fund 37.8 32 0 7.2 -1.8
JHEM John Hancock Multifactor Emerging Markets ETF 36.6 49 -17 8.7 -0.3
EEMA iShares MSCI Emerging Markets Asia ETF 35.6 50 -18 7.6 -1.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 33.9 30 2 7.6 -1.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 32.8 30 2 8.8 -0.2
EEM iShares MSCI Emerging Markets ETF 32.3 68 -36 7.3 -1.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 32.2 32 0 5.6 -3.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 32.0 65 -33 7.4 -1.6
ESGE iShares ESG MSCI EM ETF 31.6 25 7 8.5 -0.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 31.2 95 -63 8.0 -1.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 31.1 36 -4 7.3 -1.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 31.0 68 -36 7.0 -2.0
IEMG iShares Core MSCI Emerging Markets ETF 30.4 13 19 7.8 -1.2
FLAX Franklin FTSE Asia Ex Japan ETF 30.3 19 13 7.6 -1.4
BKEM BNY Mellon Emerging Markets Equity ETF 28.7 11 21 8.2 -0.8
EMMF WisdomTree Emerging Markets Multifactor Fund 28.0 48 -16 9.6 +0.6
SCHE Schwab Emerging Markets Equity ETF 27.9 11 21 7.9 -1.2
CEZ VictoryShares Emerging Market Volatility Wtd Index ETF 26.7 50 -18 10.4 +1.4
FDEM Fidelity Targeted Emerging Markets Factor ETF 26.5 45 -13 8.5 -0.5
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 26.3 44 -12 9.2 +0.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 25.6 40 -8 7.2 -1.8
PBEE Invesco PureBeta FTSE Emerging Markets ETF 25.4 15 17 8.4 -0.6
EMGF iShares Edge MSCI Multifactor Emerging Markets ETF 25.2 45 -13 9.1 +0.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 25.0 20 12 6.6 -2.4
SPEM SPDR Portfolio Emerging Markets ETF 24.9 11 21 7.7 -1.3
VWO Vanguard FTSE Emerging Markets ETF 24.3 10 22 8.0 -1.0
BKF iShares MSCI BRIC ETF 23.9 69 -37 7.3 -1.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 23.7 49 -17 7.7 -1.3
EMXC iShares MSCI Emerging Markets ex China ETF 23.1 25 7 8.2 -0.8
PXH Invesco FTSE RAFI Emerging Markets ETF 23.1 50 -18 13.4 +4.4
EEMO Invesco S&P Emerging Markets Momentum ETF 21.8 29 3 4.0 -5.0
NUEM Nuveen ESG Emerging Markets Equity ETF 21.6 45 -13 6.7 -2.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 21.3 39 -7 13.5 +4.5
AVEM Avantis Emerging Markets Equity ETF 21.3 33 -1 8.8 -0.2
ROAM Hartford Multifactor Emerging Markets ETF 21.3 44 -12 13.2 +4.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 21.1 49 -17 7.9 -1.1
GMF SPDR S&P Emerging Asia Pacific ETF 20.8 49 -17 7.0 -2.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 20.5 59 -27 11.1 +2.1
KALL KraneShares FTSE Emerging Markets Plus ETF 20.2 49 -17 7.9 -1.2
RNEM Emerging Markets Equity Select ETF 20.1 75 -43 11.8 +2.8
EEMV iShares Edge MSCI Min Vol Emerging Markets ETF 20.0 25 7 8.0 -1.0
MCHI iShares MSCI China ETF 19.1 59 -27 7.5 -1.5
FLCH Franklin FTSE China ETF 18.9 19 13 8.0 -1.0
AIA iShares Asia 50 ETF 18.8 50 -18 7.7 -1.3
XCEM Columbia EM Core ex-China ETF 18.0 16 16 7.1 -1.9
GXC SPDR S&P China ETF 18.0 59 -27 7.6 -1.4
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF 17.7 45 -13 14.6 +5.6
CXSE WisdomTree China ex-State-Owned Enterprises Fund 17.2 32 0 11.2 +2.2
DEM WisdomTree Emerging Markets High Dividend Fund 15.3 63 -31 15.2 +6.2
CN Xtrackers MSCI All China Equity ETF 15.3 50 -18 7.9 -1.1
ISEM Invesco Strategic Emerging Markets ETF 14.7 35 -3 10.8 +1.8
CHIL Global X MSCI China Large-Cap 50 ETF 14.4 29 3 7.5 -1.5
PIE Invesco DWA Emerging Markets Momentum ETF 14.0 90 -58 5.0 -4.0
EWT iShares MSCI Taiwan ETF 13.7 59 -27 6.0 -3.0
FLTW Franklin FTSE Taiwan ETF 12.8 19 13 6.2 -2.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 12.7 29 3 10.1 +1.1
FEM First Trust Emerging Markets AlphaDEX Fund 12.5 80 -48 13.9 +4.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 12.3 58 -26 8.0 -1.0
VIGI Vanguard International Dividend Appreciation ETF 12.3 20 12 5.6 -3.4
ECON Columbia Emerging Markets Consumer ETF 12.1 59 -27 4.9 -4.1
FXI iShares China Large-Cap ETF 11.9 74 -42 13.1 +4.1
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 11.8 16 16 7.0 -2.0
PEK VanEck Vectors ChinaAMC CSI 300 ETF 11.7 60 -28 3.9 -5.1
VSGX Vanguard ESG International Stock ETF 11.7 17 15 7.1 -1.9
VYMI Vanguard International High Dividend Yield ETF 11.3 27 5 10.3 +1.3
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 10.9 61 -29 8.9 -0.1
EWY iShares MSCI South Korea ETF 10.7 59 -27 8.4 -0.6
IQDF FlexShares International Quality Dividend Index Fund 10.6 47 -15 9.3 +0.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 10.3 40 -8 7.2 -1.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 10.3 47 -15 9.4 +0.4
FRDM Freedom 100 Emerging Markets ETF 10.0 49 -17 6.6 -2.4
ACWX iShares MSCI ACWI ex U.S. ETF 9.8 32 0 7.3 -1.7
FLKR Franklin FTSE South Korea ETF 9.8 9 23 8.8 -0.2
IXUS ishares Core MSCI Total International Stock ETF 9.2 9 23 7.4 -1.6
BICK First Trust BICK Index Fund 9.2 64 -32 4.7 -4.3
FLLA Franklin FTSE Latin America ETF 9.1 19 13 6.8 -2.2
VIDI Vident International Equity Fund 9.0 59 -27 11.4 +2.4
IQDE FlexShares International Quality Dividend Defensive Index Fd 8.5 47 -15 9.3 +0.3
FLIN Franklin FTSE India ETF 8.4 19 13 5.7 -3.4
INDA iShares MSCI India ETF 8.3 69 -37 5.3 -3.7
IGRO iShares International Dividend Growth ETF 8.2 22 10 8.6 -0.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 8.1 74 -42 13.8 +4.8
CEY VictoryShares Emerging Market High Dividend Volatility Wtd E 8.1 51 -19 16.4 +7.4
VXUS Vanguard Total International Stock Index Fund 8.0 8 24 7.6 -1.4
PIN Invesco India ETF 8.0 78 -46 5.9 -3.1
VEU Vanguard FTSE All-World ex-US Index Fund 7.9 8 24 7.6 -1.4
EMFM Global X MSCI Next Emerging & Frontier ETF 7.8 66 -34 9.1 +0.1
CWI SPDR MSCI ACWI ex-US ETF 7.5 30 2 7.3 -1.8
ESPO VanEck Vectors Video Gaming & eSports ETF 7.5 55 -23 2.7 -6.3
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF 7.5 25 7 2.2 -6.9
IXSE WisdomTree India Ex-State-Owned Enterprises Fund 7.4 58 -26 4.8 -4.2
CHIC Global X Nasdaq China Technology ETF 7.4 66 -34 4.2 -4.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 7.3 86 -54 2.1 -6.9
EPI WisdomTree India Earnings Fund 7.2 84 -52 8.5 -0.5
AIQ Global X Future Analytics Tech ETF 7.2 68 -36 4.0 -5.0
FDNI First Trust Dow Jones International Internet ETF 7.1 65 -33 2.0 -7.0
OBOR KraneShares MSCI One Belt One Road Index ETF 7.0 79 -47 9.0 +0.0

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 Emerging Markets Quality Dividend Growth Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.4 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 32 bp
Equals: ALTAR Score 9.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.38 CATEGORY
AVERAGE
1.43
 
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.