WisdomTree US Small Cap Dividend Growth
ALTAR
Score™
8.2% info Recommen-
dation
SPECULATIVE
2019E    2020E
P/E
ratio
14.8x P/Sales
ratio
0.8x
P/BV
ratio
2.0x Div.
yield
2.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree U.S SmallCap Dividend Growth Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the WisdomTree U.S. SmallCap Dividend Growth Index. The Fund invests in dividend-paying, small capitalization companies with growth characteristics that are incorporated in the United States.

FUND BASICS
Category US Equities
Fund Sponsor WisdomTree Asset Management In
Website www.wisdomtree.com
Inception date Jul 25, 2013
Assets (mns) $129
Currency USD
Expense ratio 38 bp
Distributions Monthly

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 260
Wgt avg mkt cap (mns) $2,245
Large cap (>$10bn) 2.1%
Mid cap ($2-10bn) 46.0%
Small cap (<$2bn) 51.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ARTISAN PARTNERS ASSET MA -A 2.2 %
BROOKFIELD PROPERTY REIT INC CLASS 2.1 %
POTLATCH CORP 1.7 %
COHEN & STEERS INC 1.5 %
KRONOS WORLDWIDE INC 1.4 %
LCI INDUSTRIES 1.4 %
MDC HOLDINGS INC 1.3 %
CABOT CORP 1.2 %
SCHWEITZER-MAUDUIT INTL INC 1.2 %
PATTERSON COS INC 1.1 %
Total 15.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.6 %
CANADA 2.1 %
PUERTO RICO 0.2 %








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.
18.5% 7.4% 7.2% -- 8.2%

Market Correlations
versus... Beta R-squared
S&P500 1.20 66%
MSCI EAFE 0.96 36%
MSCI Emg. Mkts. 0.51 17%

Technical Indicators
Recent close $37.36
30d moving avg. $35.78
Annualized volatility 17.9%
Short interest (ETF) 0.0%
Short interest (Underlying) 7.8%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 8
Turnover 0.2%
Bid/Ask (% of price) 0.27%
ADV underlying (mns) $2,925

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the WisdomTree US Small Cap Dividend Growth ETF based on the alternatives' overlap in portfolio holdings with DGRS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DGRS Expense: 38 bp ALTAR Score™: 8.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DGRS
Ticker Fund
Name
Overlap1
vs DGRS
(%)
Expense
ratio
(bp)
Savings
vs DGRS
(bp)
ALTAR
Score™
(%)
ALTAR
vs DGRS
(%)
DES WisdomTree Smallcap Dividend 44.5 38 0 7.3 -1.0
RNSC Small Cap US Equity Select 34.9 60 -22 6.2 -2.1
CSF Compass EMP US Discovery 500 Enhanced Vol. 31.4 35 3 7.2 -1.0
CSA Victory CEMP US Small Cap Volatility Wtd 29.3 35 3 7.2 -1.0
FLQS Franklin LibertyQ U.S. Small Cap Equity 28.3 35 3 6.3 -2.0
EES WisdomTree SmallCap Earnings 28.2 38 0 9.2 +1.0
CSB Victory CEMP US Small Cap High Div Volatility Wtd 28.2 35 3 7.4 -0.9
FYX First Trust Small Cap Core Alphadex 25.9 66 -28 5.7 -2.5
FYT First Trust Small Cap Value AlphaDEX 24.5 76 -38 7.5 -0.8
PSC Principal U.S. Small Cap Index 24.2 38 0 6.3 -1.9
IJR iShares Core S&P Small-Cap 23.6 7 31 6.1 -2.1
SLY SPDR S&P 600 Small Cap 23.6 15 23 6.1 -2.1
VIOO Vanguard S&P Small-Cap 600 23.0 15 23 5.9 -2.3
IJS iShares S&P 600 SmallCap Value 22.9 25 13 7.3 -0.9
SLYV SPDR S&P600 Small Cap Value 22.9 15 23 7.4 -0.8
VIOV Vanguard S&P Small-Cap 600 Value 22.6 20 18 7.3 -0.9
ISMD Inspire Small/Mid Cap Impact 22.4 61 -23 4.7 -3.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity 22.0 29 9 5.0 -3.2
ROGS Lattice Global Small Cap Strategy 21.6 39 -1 9.4 +1.2
DESC Xtrackers Russell 2000 Comprehensive Factor 21.0 30 8 6.5 -1.7

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

  2014 2015 2016 2017 2018 2019E 2020E
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

Content on this tab for subscribers only

VALUATION METRICS
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
WisdomTree US Small Cap Dividend Growth
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 15.5 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 38 bp
Equals: ALTAR Score 8.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

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