WisdomTree International MidCap Dividend Fund
ALTAR
Score™
7.6% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
19.8x P/Sales
ratio
0.9x
P/BV
ratio
1.2x Div.
yield
3.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree International MidCap Dividend Fund seeks investment results that correspond to the performance of the WisdomTree International MidCap Dividend Index. The Index tracks mid-cap companies that pay regular dividends in Europe and Asia.

FUND BASICS
Category International Equities
Fund Sponsor WisdomTree ETFs/USA
Website www.wisdomtree.com
Inception date Jun 16, 2006
Assets (mns) $152
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 No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 518
Wgt avg mkt cap (mns) $8,788
Large cap (>$10bn) 29.8%
Mid cap ($2-10bn) 69.1%
Small cap (<$2bn) 0.7%
Developed mkts 98.5%
Emerging mkts 1.4%

TOP TEN HOLDINGS
SSE PLC 1.2 %
PERSIMMON PLC 1.1 %
DANSKE BANK A/S 0.8 %
EDP-ENERGIAS DE PORTUGAL SA 0.8 %
UPM-KYMMENE OYJ 0.8 %
TELEFONICA DEUTSCHLAND HOLDING AG 0.7 %
NN GROUP NV 0.6 %
EMS-CHEMIE HOLDING AG-REG 0.6 %
EVRAZ PLC 0.6 %
OSAKA SECURITIES EXCHANGE CO 0.6 %
Total 7.7 %

TOP COUNTRY EXPOSURE
JAPAN 31.6 %
BRITAIN 11.0 %
AUSTRALIA 7.6 %
GERMANY 5.8 %
FRANCE 5.1 %
HONG KONG 4.9 %
SWITZERLAND 4.5 %
ITALY 4.0 %
SWEDEN 3.5 %
FINLAND 2.8 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-11.1% 1.1% 3.8% 5.9% 4.0%

Market Correlations
versus... Beta R-squared
S&P500 0.91 79%
MSCI EAFE 1.09 96%
MSCI Emg. Mkts. 0.78 79%

Technical Indicators
Recent close $56.16
30d moving avg. $57.18
Annualized volatility 17.8%
Short interest (ETF) 0.0%
Relative strength (RSI) 41

Liquidity measures
Avg. volume (thou.) 10
Turnover 0.4%
Bid/Ask (% of price) 0.12%
ADV underlying (mns) $2,422

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: DIM Expense: 58 bp ALTAR Score™: 7.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DIM
Ticker Fund
Name
Overlap1
vs DIM
(%)
Expense
ratio
(bp)
Savings
vs DIM
(bp)
ALTAR
Score™
(%)
ALTAR
vs DIM
(%)
PQIN PGIM QMA Strategic Alpha International Equity ETF 36.2 29 29 7.5 -0.1
ISZE iShares Edge MSCI Intl Size Factor ETF 35.9 30 28 7.1 -0.4
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 34.5 24 34 6.9 -0.6
JPIN JPMorgan Diversified Return International Equity ETF 30.0 37 21 7.8 +0.3
EWJE iShares MSCI Japan Equal Weighted ETF 28.8 15 43 7.0 -0.6
IDLB Invesco FTSE International Low Beta Equal Weight ETF 25.4 45 13 7.0 -0.6
SCID Global X Scientific Beta Europe ETF 24.9 39 19 6.5 -1.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 24.7 29 29 7.6 +0.1
BBJP JPMorgan BetaBuilders Japan ETF 23.5 19 39 7.2 -0.4
EWJ iShares MSCI Japan ETF 23.2 49 9 6.9 -0.7
DBJP Xtrackers MSCI Japan Hedged Equity ETF 23.0 45 13 6.9 -0.6
JPXN iShares JPX-Nikkei 400 ETF 23.0 48 10 6.9 -0.6
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 22.9 9 49 7.4 -0.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 22.9 35 23 8.6 +1.0
QJPN SPDR MSCI Japan StrategicFactors ETF 22.8 14 44 7.3 -0.2
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 22.8 25 33 7.0 -0.6
FLJP Franklin FTSE Japan ETF 22.7 9 49 7.3 -0.3
DHDG WisdomTree Dynamic Currency Hedged Intl Quality Div Growth 22.7 30 28 0.0 -7.6
FLJH Franklin FTSE Japan Hedged ETF 22.4 9 49 7.3 -0.3
HFXJ IQ 50 Percent Hedged FTSE Japan ETF 22.3 30 28 0.0 -7.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 21.8 25 33 6.6 -0.9
IPAC iShares Core MSCI Pacific ETF 21.7 9 49 7.0 -0.5
TPIF Timothy Plan International ETF 21.7 62 -4 6.2 -1.3
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 21.6 45 13 6.6 -0.9
CIL VictoryShares International Volatility Weighted Index ETF 21.6 45 13 6.6 -1.0
QINT American Century Quality Diversified International ETF 21.6 39 19 6.0 -1.5
DWM WisdomTree International Equity Fund 21.5 48 10 8.3 +0.8
JHMD John Hancock Multifactor Developed International ETF 21.4 39 19 7.3 -0.2
DWMF WisdomTree International Multifactor Fund 21.3 38 20 6.2 -1.4
UIVM VictoryShares USAA MSCI International Value Momentum ETF 21.3 35 23 8.5 +1.0
SCIJ Global X Scientific Beta Japan ETF 21.2 40 18 6.8 -0.8
PDEV Principal International Multi-Factor Core Index ETF 20.9 25 33 7.9 +0.4
EWJV iShares MSCI Japan Value ETF 20.7 15 43 10.0 +2.4
DTH WisdomTree DEFA Equity Income Fund 20.6 58 0 9.9 +2.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 18.5 39 19 6.5 -1.1
AVDE Avantis International Equity ETF 18.4 23 35 7.6 +0.0
DXJ WisdomTree Japan Hedged Equity Fund 18.4 48 10 7.8 +0.3
VPL Vanguard FTSE Pacific ETF 18.0 8 50 7.4 -0.2
IQIN IQ 500 International ETF 17.6 25 33 8.7 +1.1
QEFA SPDR MSCI EAFE Quality Mix ETF 17.4 30 28 6.8 -0.8
IDY Pacific Global International Equity Income ETF 17.4 39 19 8.0 +0.5
EFV iShares MSCI EAFE Value ETF 17.0 39 19 9.7 +2.1
IVLU iShares Edge MSCI Intl Value Factor ETF 16.8 30 28 11.5 +4.0
ESGD iShares MSCI EAFE ESG Optimized ETF 16.7 20 38 6.9 -0.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 16.5 14 44 6.8 -0.7
HFXI IQ 50 Percent Hedged FTSE International ETF 16.1 20 38 7.4 -0.1
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 16.0 20 38 7.0 -0.6
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 16.0 7 51 7.4 -0.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 15.9 20 38 9.7 +2.2
RBIN Nationwide Risk-Based International Equity ETF 15.8 42 16 6.0 -1.6
INTF iShares Edge MSCI Multifactor Intl ETF 15.8 30 28 7.7 +0.2
VGFO Virtus WMC Global Factor Opportunities ETF 15.8 49 9 8.0 +0.5
EFAV iShares Edge MSCI Min Vol EAFE ETF 15.7 20 38 5.4 -2.2
EFA iShares MSCI EAFE ETF 15.6 32 26 7.0 -0.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 15.6 25 33 6.4 -1.1
FNDC Schwab Fundamental International Small Co. Index ETF 15.4 39 19 7.0 -0.6
IEFA iShares Core MSCI EAFE ETF 15.4 7 51 7.2 -0.3
FNDF Schwab Fundamental International Large Co. Index ETF 15.4 25 33 8.8 +1.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 15.2 45 13 8.9 +1.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 15.1 35 23 6.8 -0.7
IDLV Invesco S&P International Developed Low Volatility ETF 15.1 25 33 6.6 -1.0
GSID Goldman Sachs MarketBeta International Equity ETF 15.0 20 38 7.3 -0.3
SPDW SPDR Portfolio Developed World ex-US ETF 14.8 4 54 7.1 -0.5
SCHF Schwab International Equity ETF 14.6 6 52 7.3 -0.3
FDT First Trust Developed Markets ex-US Alphadex Fund 14.5 80 -22 7.3 -0.3
RNDM Developed International Equity Select ETF 14.4 65 -7 6.3 -1.3
VSGX Vanguard ESG International Stock ETF 14.3 17 41 7.1 -0.5
FDEV Fidelity Targeted International Factor ETF 14.0 39 19 6.4 -1.2
EFG iShares MSCI EAFE Growth ETF 14.0 40 18 4.4 -3.1
IDEV iShares Core MSCI International Developed Markets ETF 13.9 5 53 7.2 -0.4
IDHQ Invesco S&P International Developed Quality ETF 13.9 29 29 5.0 -2.6
ISDX Invesco Strategic Developed ex-US ETF 13.4 23 35 7.4 -0.2
VEA Vanguard FTSE Developed Markets ETF 13.3 5 53 7.3 -0.2
IQLT iShares Edge MSCI Intl Quality Factor ETF 13.3 30 28 5.9 -1.6
IQDG WisdomTree International Quality Dividend Growth Fund 13.3 42 16 6.2 -1.4
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 13.3 58 0 6.0 -1.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 13.0 49 9 6.3 -1.3
EUDG WisdomTree Europe Quality Dividend Growth Fund 13.0 58 0 5.9 -1.7
IQDF FlexShares International Quality Dividend Index Fund 13.0 47 11 9.0 +1.5
IQSI IQ Candriam ESG International Equity ETF 12.8 15 43 7.3 -0.3
FEP First Trust Europe AlphaDEX Fund 12.5 80 -22 7.3 -0.2
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 12.1 19 39 6.9 -0.7
FLEE Franklin FTSE Europe ETF 12.1 9 49 7.0 -0.5
IEUR iShares Core MSCI Europe ETF 12.0 9 49 7.2 -0.3
HFXE IQ 50 PERCENT HEDGED FTSE EUROPE ETF 12.0 30 28 0.0 -7.6
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 12.0 30 28 8.6 +1.1
VGK Vanguard FTSE Europe ETF 11.9 8 50 7.4 -0.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 11.7 32 26 5.9 -1.6
FEU SPDR Portfolio Europe ETF 11.7 9 49 7.3 -0.3
IMTM iShares Edge MSCI Intl Momentum Factor ETF 11.7 30 28 4.3 -3.3
FLEH Franklin FTSE Europe Hedged ETF 11.6 9 49 7.2 -0.4
VYMI Vanguard International High Dividend Yield ETF 11.3 27 31 10.3 +2.8
JPMV iShares Edge MSCI Min Vol Japan ETF 11.3 30 28 6.2 -1.4
OEUR O'shares FTSE Europe Quality Dividend ETF 11.2 48 10 6.7 -0.8
VEU Vanguard FTSE All-World ex-US Index Fund 10.9 8 50 7.6 +0.0
FEUZ First Trust Eurozone AlphaDEX ETF 10.9 80 -22 7.5 -0.1
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 10.9 20 38 11.5 +3.9
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 10.9 35 23 6.9 -0.7

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

  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 International MidCap Dividend 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 9.3 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 58 bp
Equals: ALTAR Score 7.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.69 CATEGORY
AVERAGE
1.57
 
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.