WisdomTree U.S. LargeCap Dividend Fund
ALTAR
Score™
6.4% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
18.9x P/Sales
ratio
2.0x
P/BV
ratio
2.6x Div.
yield
3.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree LargeCap Dividend Fund seeks investment results that correspond to the performance of the WisdomTree LargeCap Dividend Index.

FUND BASICS
Category US Equities
Fund Sponsor WisdomTree ETFs/USA
Website www.wisdomtree.com
Inception date Jun 16, 2006
Assets (mns) $2,200
Currency USD
Expense ratio 28 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 280
Wgt avg mkt cap (mns) $275,190
Large cap (>$10bn) 99.8%
Mid cap ($2-10bn) 0.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 5.3 %
APPLE INC 4.7 %
AT&T INC 2.9 %
JOHNSON & JOHNSON 2.5 %
VERIZON COMMUNICATIONS INC 2.2 %
EXXON MOBIL CORP 2.2 %
JPMORGAN CHASE & CO 1.9 %
ABBVIE INC 1.9 %
PROCTER & GAMBLE CO/THE 1.8 %
PFIZER INC 1.7 %
Total 27.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-11.0% -1.4% 8.0% 12.3% 7.3%

Market Correlations
versus... Beta R-squared
S&P500 0.96 97%
MSCI EAFE 0.97 85%
MSCI Emg. Mkts. 0.69 68%

Technical Indicators
Recent close $93.81
30d moving avg. $93.93
Annualized volatility 16.6%
Short interest (ETF) 0.2%
Short interest (Underlying) 2.0%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 124
Turnover 0.5%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $165,770

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the WisdomTree U.S. LargeCap Dividend Fund ETF based on the alternatives' overlap in portfolio holdings with DLN. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DLN Expense: 28 bp ALTAR Score™: 6.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DLN
Ticker Fund
Name
Overlap1
vs DLN
(%)
Expense
ratio
(bp)
Savings
vs DLN
(bp)
ALTAR
Score™
(%)
ALTAR
vs DLN
(%)
DTD WisdomTree U.S.Total Dividend Fund 87.5 28 0 6.7 +0.3
DGRO iShares Core Dividend Growth ETF 68.5 8 20 6.7 +0.3
EPS WisdomTree U.S. Earnings 500 Fund 67.9 8 20 6.5 +0.1
DIVB iShares U.S. Dividend & Buyback ETF 66.3 25 3 6.6 +0.2
SCHV Schwab U.S. Large-Cap Value ETF 65.2 4 24 7.2 +0.8
FNDX Schwab Fundamental U.S. Large Co. Index ETF 64.3 25 3 6.6 +0.2
VOOV Vanguard S&P 500 Value ETF 64.0 15 13 7.4 +1.0
SPYV SPDR Portfolio S&P 500 Value ETF 63.8 4 24 7.5 +1.1
IVE iShares S&P 500 Value ETF 63.7 18 10 7.3 +0.9
PRF Invesco FTSE RAFI US 1000 ETF 62.2 39 -11 6.9 +0.5
VTV Vanguard Value Index Fund 61.9 4 24 7.5 +1.1
IUSV iShares Core S&P U.S. Value ETF 61.2 4 24 7.6 +1.2
VYM Vanguard High Dividend Yield Index ETF 61.2 6 22 7.4 +1.0
USDY Pacific Global US Equity Income ETF 60.9 29 -1 7.3 +0.9
PBP Invesco S&P 500 BuyWrite ETF 60.9 49 -21 5.0 -1.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 60.8 25 3 6.6 +0.2
HSPX Global X S&P 500 Covered Call ETF 60.0 65 -37 4.9 -1.6
MGC Vanguard Mega Cap Index Fund 59.9 7 21 5.2 -1.2
MGV Vanguard Mega Cap Value ETF 59.9 7 21 7.3 +0.9
SPY SPDR S&P 500 ETF Trust 59.9 9 19 5.3 -1.1
IVV iShares Core S&P 500 ETF 59.8 4 24 5.4 -1.1
VOO VANGUARD S&P 500 ETF 59.8 3 25 5.4 -1.0
SPLG SPDR Portfolio Large Cap ETF 59.8 3 25 5.4 -1.0
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 58.9 20 8 5.3 -1.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 58.9 7 21 5.2 -1.3
BKLC BNY Mellon US Large Cap Core Equity ETF 58.8 0 28 5.2 -1.3
FDRR Fidelity Dividend ETF for Rising Rates 58.7 29 -1 7.0 +0.6
VV Vanguard Large-Cap Index Fund 58.6 4 24 5.2 -1.2
SPXE ProShares S&P 500 Ex-Energy ETF 58.6 27 1 5.3 -1.2
QUS SPDR MSCI USA StrategicFactors ETF 58.1 15 13 5.8 -0.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 58.0 2 26 5.3 -1.2
IWL iShares Russell Top 200 ETF 57.8 15 13 5.0 -1.4
PBUS Invesco PureBeta MSCI USA ETF 57.7 4 24 5.2 -1.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 57.5 20 8 4.9 -1.5
SNPE Xtrackers S&P 500 ESG ETF 57.3 11 17 5.0 -1.4
SCHX Schwab U.S. Large-Cap ETF 56.9 3 25 5.2 -1.2
IWD iShares Russell 1000 Value ETF 56.8 19 9 7.2 +0.8
SPTM SPDR Portfolio Total Stock Market ETF 56.5 3 25 5.5 -0.9
SPXV ProShares S&P 500 Ex-Health Care ETF 56.5 27 1 4.9 -1.5
ESGU iShares MSCI USA ESG Optimized ETF 56.4 15 13 5.1 -1.4
OEF iShares S&P 100 ETF 56.1 20 8 4.7 -1.7
ESG FlexShares STOXX US ESG Impact Index Fund 55.9 32 -4 5.0 -1.4
IWX iShares Russell Top 200 Value ETF 55.9 20 8 7.2 +0.8
VONE Vanguard Russell 1000 ETF 55.8 8 20 5.2 -1.2
SCHK Schwab 1000 Index ETF 55.5 5 23 5.2 -1.2
VONV Vanguard Russell 1000 Value Index Fund 55.5 8 20 7.3 +0.9
IWB iShares Russell 1000 ETF 55.2 15 13 5.1 -1.3
IYY iShares Dow Jones U.S. ETF 55.1 20 8 5.1 -1.3
SPXT ProShares S&P 500 Ex-Technology ETF 55.0 27 1 5.6 -0.8
SPXN ProShares S&P 500 Ex-Financials ETF 54.9 27 1 4.9 -1.5
OUSA O'Shares FTSE US Quality Dividend ETF 54.9 48 -20 5.7 -0.7
RAFE PIMCO RAFI ESG U.S. ETF 54.7 29 -1 7.8 +1.4
CATH Global X S&P 500 Catholic Values Custom ETF 53.8 29 -1 5.2 -1.2
PFM Invesco Dividend Achievers ETF 53.6 54 -26 5.5 -0.9
SCHB Schwab U.S. Broad Market ETF 53.5 3 25 5.2 -1.2
IUS Invesco Strategic US ETF 53.4 19 9 6.7 +0.3
VTHR Vanguard Russell 3000 Index Fund 53.4 10 18 5.1 -1.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 53.3 3 25 5.1 -1.3
VTI Vanguard Total Stock Market Index Fund 53.2 3 25 5.1 -1.3
JHML John Hancock Multifactor Large Cap ETF 53.1 29 -1 5.5 -0.9
IWV iShares Russell 3000 ETF 53.0 20 8 5.0 -1.4
IQSU IQ Candriam ESG US Equity ETF 52.9 9 19 5.0 -1.4
RECS Columbia Research Enhanced Core ETF 52.7 15 13 5.6 -0.8
SFY SoFi Select 500 ETF 52.5 0 28 5.2 -1.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 51.5 9 19 5.5 -0.9
VLU SPDR S&P 1500 Value Tilt ETF 51.2 12 16 7.5 +1.1
NACP Impact Shares NAACP Minority Empowerment ETF 51.1 75 -47 4.5 -2.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 51.0 29 -1 6.2 -0.2
EQWL Invesco Russell Top 200 Equal Weight ETF 50.2 25 3 6.1 -0.3
FDVV Fidelity Core Dividend ETF 50.1 29 -1 7.2 +0.8
QDEF FlexShares Quality Dividend Defensive Index Fund 49.7 37 -9 5.9 -0.6
ESGV Vanguard ESG U.S. Stock ETF 49.2 12 16 5.1 -1.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 48.6 12 16 4.9 -1.5
RWL Invesco S&P 500 Revenue ETF 48.6 39 -11 7.3 +0.9
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 48.6 10 18 5.2 -1.2
SUSL iShares ESG MSCI USA Leaders ETF 48.5 10 18 5.3 -1.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 47.5 15 13 6.2 -0.2
XLG Invesco S&P 500 Top 50 ETF 47.3 20 8 4.4 -2.0
DYNF BlackRock U.S. Equity Factor Rotation ETF 47.0 30 -2 6.5 +0.1
AVUS Avantis U.S. Equity ETF 46.9 15 13 5.7 -0.7
QDF FlexShares Quality Dividend Index Fund 46.8 37 -9 6.1 -0.3
DGRW WisdomTree U.S. Quality Dividend Growth Fund 45.9 28 0 6.5 +0.1
FVAL Fidelity Value Factor ETF 45.9 29 -1 8.0 +1.6
WOMN Impact Shares YWCA Women's Empowerment ETF 45.7 75 -47 4.4 -2.0
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 45.6 25 3 6.6 +0.2
DSI iShares MSCI KLD 400 Social ETF 45.6 25 3 5.1 -1.3
JKF iShares Morningstar Large Cap Value ETF 45.4 25 3 7.6 +1.2
FQAL Fidelity Quality Factor ETF 45.3 29 -1 5.4 -1.0
FLQL Franklin LibertyQ U.S. Equity ETF 44.4 15 13 6.3 -0.1
JQUA JPMorgan U.S. Quality Factor ETF 44.2 12 16 5.2 -1.2
RNLC Large Cap US Equity Select ETF 44.1 60 -32 6.4 -0.1
RNDV US Equity Dividend Select ETF 44.1 50 -22 7.7 +1.3
FDLO Fidelity Low Volatility Factor ETF 43.7 29 -1 5.1 -1.3
TOK iShares MSCI Kokusai ETF 43.5 25 3 5.5 -0.9
QDYN FlexShares Quality Dividend Dynamic Index Fund 43.5 37 -9 6.2 -0.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 43.4 49 -21 4.0 -2.4
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 43.2 12 16 4.7 -1.7
KOKU Xtrackers MSCI Kokusai Equity ETF 43.2 9 19 5.7 -0.7
XOUT GraniteShares XOUT U.S. Large Cap ETF 43.2 60 -32 4.3 -2.1
JVAL JPMorgan U.S. Value Factor ETF 43.1 12 16 8.8 +2.4

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

  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. LargeCap 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 16.5 %
Divided by: Fwd. P/BV 2.5 x
Less: Expense ratio 28 bp
Equals: ALTAR Score 6.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.52 CATEGORY
AVERAGE
1.52
 
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.