WisdomTree International LargeCap Dividend Fund
ALTAR
Score™		 7.1% info Recommen-
dation		 OVERWEIGHT
2021E    2022E
P/E
ratio		 14.1x P/Sales
ratio		 1.4x
P/BV
ratio		 1.5x Div.
yield		 4.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree International LargeCap Dividend Fund seeks investment results that correspond to the performance of the WisdomTree International LargeCap Dividend Index. The Index tracks large cap companies from Europe, Asia and Australia that pay regular dividends.

FUND BASICS
Category International Equities
Fund Sponsor WisdomTree ETFs/USA
Website www.wisdomtree.com
Inception date Jun 16, 2006
Assets (mns) $346
Currency USD
Expense ratio 48 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 268
Wgt avg mkt cap (mns) $89,959
Large cap (>$10bn) 98.9%
Mid cap ($2-10bn) 0.2%
Small cap (<$2bn) 0.0%
Developed mkts 99.5%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NOVARTIS AG-REG 3.1 %
NESTLE SA-REG 2.8 %
ROCHE HOLDING AG-GENUSSCHEIN 2.4 %
FORTESCUE METALS GROUP LTD 2.2 %
GLAXOSMITHKLINE PLC 1.9 %
RIO TINTO PLC 1.8 %
BRITISH AMERICAN TOBACCO PLC 1.7 %
SANOFI-AVENTIS 1.6 %
SOFTBANK CORP. 1.6 %
ALLIANZ SE-REG 1.5 %
Total 20.3 %

TOP COUNTRY EXPOSURE
JAPAN 21.1 %
SWITZERLAND 14.0 %
BRITAIN 12.7 %
GERMANY 12.4 %
AUSTRALIA 9.5 %
FRANCE 8.1 %
HONG KONG 5.2 %
SPAIN 2.7 %
SINGAPORE 2.1 %
ITALY 2.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
0.6% 9.5% 6.8% 3.2% 2.6%

Market Correlations
versus... Beta R-squared
S&P500 0.79 76%
MSCI EAFE 0.89 96%
MSCI Emg. Mkts. 0.70 73%

Technical Indicators
Recent close $46.50
30d moving avg. $46.94
Annualized volatility 16.7%
Short interest (ETF) 0.0%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 22
Turnover 0.3%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $32,365

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: DOL Expense: 48 bp ALTAR Score™: 7.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DOL
Ticker Fund
Name		 Overlap1
vs DOL
(%)		 Expense
ratio
(bp)		 Savings
vs DOL
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DOL
(%)
DFAI Dimensional International Core Equity Market ETF 85.0 18 30 6.3 -0.9
DWM WisdomTree International Equity Fund 72.6 48 0 7.1 -0.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 71.4 40 8 7.2 +0.1
DTH WisdomTree International High Dividend Fund 57.2 58 -10 8.4 +1.3
EFA iShares MSCI EAFE ETF 52.2 32 16 6.2 -1.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 52.0 20 28 6.2 -0.9
GSID Goldman Sachs MarketBeta International Equity ETF 51.6 20 28 6.2 -0.9
BKIE BNY Mellon International Equity ETF 51.1 4 44 6.5 -0.6
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 51.0 35 13 6.0 -1.1
ESGD iShares MSCI EAFE ESG Optimized ETF 50.9 20 28 6.1 -1.0
IQSI IQ Candriam ESG International Equity ETF 49.1 15 33 6.3 -0.8
HFXI IQ 50 Percent Hedged FTSE International ETF 48.7 20 28 6.4 -0.7
EFV iShares MSCI EAFE Value ETF 48.4 39 9 8.1 +1.0
QEFA SPDR MSCI EAFE Quality Mix ETF 48.0 30 18 6.0 -1.1
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 47.3 7 41 6.4 -0.7
IEFA iShares Core MSCI EAFE ETF 45.7 7 41 6.3 -0.8
JHMD John Hancock Multifactor Developed International ETF 45.5 39 9 6.4 -0.7
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 45.4 35 13 6.0 -1.2
IEV iShares Europe ETF 45.3 59 -11 6.1 -1.1
BBEU JPMorgan BetaBuilders Europe ETF 44.3 9 39 6.6 -0.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 44.2 45 3 6.0 -1.1
SCHF Schwab International Equity ETF 44.2 6 42 6.4 -0.7
FLEE Franklin FTSE Europe ETF 43.6 9 39 6.4 -0.7
FLEH Franklin FTSE Europe Hedged ETF 43.5 9 39 6.4 -0.7
VWID Virtus WMC International Dividend ETF 42.3 49 -1 7.4 +0.3
IDEV iShares Core MSCI International Developed Markets ETF 41.7 5 43 6.3 -0.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 41.1 14 34 6.0 -1.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 41.0 45 3 7.3 +0.2
PDEV Principal International Multi-Factor Core Index ETF 41.0 25 23 6.9 -0.2
SPEU SPDR Portfolio Europe ETF 40.8 9 39 6.5 -0.6
IEUR iShares Core MSCI Europe ETF 40.8 9 39 6.4 -0.7
RESD WisdomTree International ESG Fund 40.6 30 18 6.4 -0.7
VGK Vanguard FTSE Europe ETF 40.4 8 40 6.5 -0.6
VYMI Vanguard International High Dividend Yield ETF 40.0 27 21 8.9 +1.7
DOO WisdomTree International Dividend ex-Financials Fund 39.8 58 -10 7.6 +0.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 39.7 25 23 6.1 -1.0
SPDW SPDR Portfolio Developed World ex-US ETF 39.6 4 44 6.1 -1.0
VEA Vanguard FTSE Developed Markets ETF 39.3 5 43 6.4 -0.7
CIL VictoryShares International Volatility Weighted Index ETF 38.9 45 3 6.3 -0.8
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 38.8 45 3 6.3 -0.8
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 38.4 25 23 6.0 -1.1
IQLT iShares Edge MSCI Intl Quality Factor ETF 38.1 30 18 5.4 -1.7
CWI SPDR MSCI ACWI ex-US ETF 38.0 30 18 6.1 -1.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 37.8 39 9 5.6 -1.6
FNDF Schwab Fundamental International Large Co. Index ETF 37.4 25 23 7.5 +0.4
EUDG WisdomTree Europe Quality Dividend Growth Fund 35.0 58 -10 6.5 -0.6
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 35.0 20 28 8.5 +1.4
DMXF iShares ESG Advanced MSCI EAFE ETF 35.0 12 36 5.9 -1.2
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 34.9 20 28 9.4 +2.3
ACWX iShares MSCI ACWI ex U.S. ETF 34.9 32 16 6.2 -0.9
IQIN IQ 500 International ETF 34.3 25 23 7.3 +0.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 34.1 40 8 6.1 -1.0
VSGX Vanguard ESG International Stock ETF 33.8 17 31 6.3 -0.9
ISDX Invesco RAFI Strategic Developed ex-US ETF 33.6 23 25 6.2 -1.0
VEU Vanguard FTSE All-World ex-US Index Fund 33.6 8 40 6.6 -0.5
RBIN Nationwide Risk-Based International Equity ETF 33.0 42 6 5.9 -1.2
FIVA Fidelity International Value Factor ETF 32.7 39 9 8.4 +1.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 32.5 32 16 6.0 -1.1
TPIF Timothy Plan International ETF 31.8 62 -14 5.9 -1.2
IVLU iShares Edge MSCI Intl Value Factor ETF 31.5 30 18 9.6 +2.5
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 31.4 16 32 5.9 -1.2
EFG iShares MSCI EAFE Growth ETF 31.4 40 8 4.0 -3.1
EFAV iShares Edge MSCI Min Vol EAFE ETF 31.3 20 28 5.1 -2.0
NUDM Nuveen ESG International Developed Markets Equity ETF 30.5 40 8 5.7 -1.4
IXUS ishares Core MSCI Total International Stock ETF 30.5 9 39 6.3 -0.8
IPAC iShares Core MSCI Pacific ETF 30.2 9 39 6.2 -1.0
OEUR O'shares FTSE Europe Quality Dividend ETF 29.9 48 0 5.2 -1.9
PQIN PGIM QMA Strategic Alpha International Equity ETF 29.5 29 19 7.0 -0.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 29.4 80 -32 6.0 -1.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 29.1 39 9 6.7 -0.4
VPL Vanguard FTSE Pacific ETF 29.0 8 40 6.3 -0.8
IDLV Invesco S&P International Developed Low Volatility ETF 28.9 25 23 6.2 -0.9
IDOG ALPS International Sector Dividend Dogs ETF 28.5 50 -2 8.1 +1.0
FDEV Fidelity Targeted International Factor ETF 28.5 39 9 5.9 -1.2
EZU iShares MSCI Eurozone ETF 27.7 51 -3 5.9 -1.3
RNDM First Trust Developed International Equity Select ETF 27.6 65 -17 5.6 -1.5
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 27.4 45 3 5.9 -1.2
FIDI Fidelity International High Dividend ETF 26.7 39 9 8.4 +1.3
EURZ Xtrackers Eurozone Equity ETF 26.6 9 39 6.3 -0.8
IDHQ Invesco S&P International Developed Quality ETF 26.3 29 19 5.1 -2.0
IQDE FlexShares International Quality Dividend Defensive Index ET 26.2 47 1 8.1 +1.0
IGRO iShares International Dividend Growth ETF 26.0 15 33 7.1 -0.1
LVHI Legg Mason International Low Volatility High Dividend ETF 25.9 40 8 8.9 +1.8
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 25.5 30 18 7.8 +0.7
IQDF FlexShares International Quality Dividend Index Fund 25.3 47 1 8.2 +1.1
AVDE Avantis International Equity ETF 24.9 23 25 6.7 -0.4
RFEU First Trust Riverfront Dynamic Europe ETF 24.7 83 -35 5.2 -1.9
RFDI First Trust Riverfront Dynamic Developed International ETF 24.6 83 -35 5.4 -1.8
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 24.5 45 3 9.3 +2.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 24.3 29 19 7.2 +0.1
VXUS Vanguard Total International Stock ETF 24.2 8 40 6.5 -0.6
IQDG WisdomTree International Quality Dividend Growth Fund 24.2 42 6 6.0 -1.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 24.1 58 -10 5.9 -1.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 23.6 47 1 8.4 +1.3
JPIN JPMorgan Diversified Return International Equity ETF 23.5 37 11 6.9 -0.2
IMTM iShares Edge MSCI Intl Momentum Factor ETF 23.4 30 18 3.9 -3.2
ISZE iShares Edge MSCI Intl Size Factor ETF 23.1 30 18 6.1 -1.1
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 22.8 61 -13 4.1 -3.0

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
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 LargeCap Dividend Fund
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.5 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 7.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.52 CATEGORY
AVERAGE		 1.54
 
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.