WisdomTree U.S. MidCap Dividend Fund
ALTAR
Score™
6.6% info Recommen-
dation
OVERWEIGHT
2021E    2022E
P/E
ratio
14.9x P/Sales
ratio
1.6x
P/BV
ratio
2.0x Div.
yield
3.0%


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

FUND BASICS
Category US Equities
Fund Sponsor WisdomTree ETFs/USA
Website www.wisdomtree.com
Inception date Jun 16, 2006
Assets (mns) $2,796
Currency USD
Expense ratio 38 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 309
Wgt avg mkt cap (mns) $6,854
Large cap (>$10bn) 18.8%
Mid cap ($2-10bn) 80.1%
Small cap (<$2bn) 0.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ANTERO MIDSTREAM CORP. 1.6 %
FRANKLIN RESOURCES INC 1.3 %
NEWELL RUBBERMAID INC 1.2 %
INTERPUBLIC GROUP OF COS INC 1.1 %
WESTERN UNION CO 1.0 %
WATSCO INC 1.0 %
CNA FINANCIAL CORP 1.0 %
FIDELITY NATIONAL FINANCIAL, INC - 0.9 %
PEOPLE'S UNITED FINANCIAL 0.9 %
FIRST HORIZON NATIONAL CORP 0.9 %
Total 11.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.1 %
PUERTO RICO 0.4 %









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.
8.5% 18.0% 10.2% 10.7% 8.7%

Market Correlations
versus... Beta R-squared
S&P500 1.20 83%
MSCI EAFE 1.19 80%
MSCI Emg. Mkts. 1.02 74%

Technical Indicators
Recent close $38.56
30d moving avg. $37.34
Annualized volatility 24.4%
Short interest (ETF) 0.1%
Short interest (Underlying) 3.2%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 343
Turnover 0.5%
Bid/Ask (% of price) 0.07%
ADV underlying (mns) $16,527

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: DON Expense: 38 bp ALTAR Score™: 6.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DON
Ticker Fund
Name
Overlap1
vs DON
(%)
Expense
ratio
(bp)
Savings
vs DON
(bp)
ALTAR
Score™
(%)
ALTAR
vs DON
(%)
RNMC Mid Cap US Equity Select ETF 48.8 60 -22 5.7 -1.0
EZM WisdomTree U.S. MidCap Earnings Fund 45.8 38 0 7.4 +0.8
FNK First Trust Mid Cap Value AlphaDEX Fund 42.2 70 -32 7.5 +0.9
MDYV SPDR S&P 400 Mid Cap Value ETF 39.0 15 23 6.5 -0.1
IJJ iShares S&P Mid-Cap 400 Value ETF 39.0 18 20 6.5 -0.1
FNX First Trust Mid Cap Core AlphaDEX Fund 38.9 61 -23 5.2 -1.4
SPMD SPDR Portfolio Mid Cap ETF 37.1 5 33 5.4 -1.3
MDY SPDR S&P Midcap 400 ETF Trust 37.1 23 15 5.2 -1.4
IJH iShares Core S&P Mid-Cap ETF 37.0 5 33 5.4 -1.3
IVOO Vanguard S&P Mid-Cap 400 ETF 36.0 10 28 5.3 -1.3
EWMC Invesco S&P MidCap 400 Equal Weight ETF 35.9 40 -2 5.5 -1.2
IVOV Vanguard S&P Mid-Cap 400 Value ETF 35.8 15 23 6.5 -0.1
XJH iShares ESG Screened S&P Mid-Cap ETF 35.8 12 26 5.3 -1.3
VBR Vanguard Small Cap Value Index Fund 34.6 7 31 6.1 -0.5
FSMD Fidelity Small-Mid Factor ETF 33.5 29 9 5.9 -0.7
BKSE BNY Mellon US Small Cap Core Equity ETF 33.2 4 34 4.6 -2.0
JHSC John Hancock Multifactor Small Cap ETF 31.3 42 -4 4.6 -2.0
SCHM Schwab U.S. Mid-Cap ETF 30.5 4 34 4.8 -1.8
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 30.0 20 18 0.0 -6.6
SFYX Sofi Next 500 ETF 30.0 0 38 4.8 -1.8
RWK Invesco S&P MidCap 400 Revenue ETF 29.7 39 -1 6.3 -0.3
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 29.7 7 31 3.9 -2.7
JKL iShares Morningstar Small Cap Value ETF 29.3 30 8 6.8 +0.2
ONEY SPDR Russell 1000 Yield Focus ETF 27.0 20 18 6.2 -0.4
SMDY Syntax Stratified MidCap ETF 26.9 30 8 5.0 -1.6
PBSM Invesco PureBeta MSCI USA Small Cap ETF 26.8 6 32 4.0 -2.6
AFMC First Trust Active Factor Mid Cap ETF 26.5 65 -27 5.4 -1.2
VB Vanguard Small-Cap ETF 26.3 5 33 4.4 -2.3
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 26.1 17 21 4.0 -2.6
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 25.7 29 9 6.3 -0.3
OUSM O'Shares FTSE Russell Small Cap Quality Dividend ETF 24.3 48 -10 5.7 -0.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 23.8 24 14 5.6 -1.0
ONEV SPDR Russell 1000 Low Volatility Focus ETF 23.4 20 18 6.1 -0.6
JKJ iShares Morningstar Small-Cap ETF 22.6 25 13 5.0 -1.7
MDYG SPDR S&P 400 Mid Cap Growth ETF 22.4 15 23 4.0 -2.6
IJK iShares S&P Mid-Cap 400 Growth ETF 22.3 17 21 4.0 -2.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 21.2 15 23 4.0 -2.6
FAB First Trust Multi Cap Value AlphaDEX Fund 21.1 71 -33 7.3 +0.7
EQAL Invesco Russell 1000 Equal Weight ETF 21.1 20 18 5.0 -1.6
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 20.9 80 -42 4.7 -1.9
SCHA Schwab U.S. Small-Cap ETF 20.3 4 34 3.6 -3.0
NUSC Nuveen ESG Small-Cap ETF 19.9 40 -2 3.8 -2.8
JHMM John Hancock Multifactor Mid Cap ETF 19.8 42 -4 4.8 -1.9
VFVA Vanguard U.S. Value Factor ETF 19.6 14 24 8.1 +1.5
SMMD iShares Russell 2500 ETF 19.4 15 23 4.7 -1.9
JDIV JPMorgan U.S. Dividend ETF 19.1 12 26 6.4 -0.2
QSY WisdomTree U.S. LargeCap Value Fund 18.5 38 0 6.9 +0.2
FNDA Schwab Fundamental U.S. Small Co. Index ETF 18.4 25 13 4.6 -2.0
IWS iShares Russell Mid-Cap Value ETF 18.1 24 14 5.6 -1.1
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 17.7 41 -3 5.5 -1.2
ONEO SPDR Russell 1000 Momentum Focus ETF 17.6 20 18 5.7 -1.0
VXF Vanguard Extended Market Index Fund 17.5 6 32 2.7 -3.9
FXO First Trust Financials AlphaDEX Fund 17.4 63 -25 8.8 +2.2
STMB iShares Factors US Mid Blend Style ETF 17.3 30 8 5.7 -0.9
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 16.7 17 21 5.8 -0.9
XMLV Invesco S&P MidCap Low Volatility ETF 16.7 25 13 5.3 -1.4
VFLQ Vanguard U.S. Liquidity Factor ETF 16.6 14 24 3.7 -3.0
VUSE Vident Core US Equity Fund 16.4 48 -10 6.9 +0.3
RFV Invesco S&P Midcap 400 Pure Value ETF 16.4 35 3 8.7 +2.1
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 16.2 35 3 5.2 -1.4
JVAL JPMorgan U.S. Value Factor ETF 15.7 12 26 7.0 +0.4
GBDV Global Beta Smart Income ETF 15.6 29 9 7.6 +1.0
RVRS Reverse Cap Weighted U.S. Large Cap ETF 15.5 29 9 5.5 -1.1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 15.5 60 -22 6.0 -0.6
DVY iShares Select Dividend ETF 15.3 39 -1 7.5 +0.8
TPHD Timothy Plan High Dividend Stock ETF 15.3 52 -14 5.6 -1.0
PY Principal Shareholder Yield Index ETF 15.1 15 23 7.2 +0.6
FVD First Trust Value Line Dividend Index Fund 15.1 70 -32 5.8 -0.9
AUSF Global X Adaptive U.S. Factor ETF 14.9 27 11 7.6 +0.9
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 14.8 20 18 3.8 -2.8
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 14.7 29 9 5.3 -1.3
IUSS Invesco Strategic US Small Company ETF 14.6 23 15 3.3 -3.3
IFRA iShares U.S. Infrastructure ETF 14.5 40 -2 5.1 -1.5
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 14.4 24 14 5.4 -1.3
FVL First Trust Value Line 100 ETF 14.1 70 -32 0.0 -6.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 14.1 18 20 5.9 -0.7
SDY SPDR S&P Dividend ETF 14.1 35 3 6.1 -0.6
PSC Principal U.S. Small Cap Index ETF 14.0 38 0 4.2 -2.4
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 14.0 30 8 5.4 -1.2
IWR iShares Russell Midcap ETF 13.7 19 19 4.6 -2.0
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 13.6 60 -22 3.6 -3.1
COWZ Pacer US Cash Cows 100 ETF 13.4 49 -11 9.5 +2.9
XMHQ Invesco S&P MidCap Quality ETF 13.4 25 13 5.6 -1.1
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 13.4 63 -25 5.3 -1.4
FNY First Trust Mid Cap Growth AlphaDEX Fund 13.3 70 -32 1.7 -4.9
USMF WisdomTree U.S. Multifactor Fund 13.2 28 10 5.7 -0.9
TUSA First Trust Total US Market AlphaDEX ETF 13.1 70 -32 5.0 -1.6
CVY Invesco Zacks Multi-Asset Income ETF 13.1 94 -56 8.2 +1.6
VFQY Vanguard U.S. Quality Factor ETF 13.0 13 25 5.5 -1.1
VBK Vanguard Small-Cap Growth Index Fund 12.7 7 31 2.0 -4.7
STLV iShares Factors US Value Style ETF 12.6 25 13 7.3 +0.7
VFMF Vanguard U.S. Multifactor ETF 12.6 19 19 6.4 -0.3
VALQ American Century STOXX U.S. Quality Value ETF 12.4 29 9 7.7 +1.1
KBE SPDR S&P Bank ETF 12.2 35 3 7.8 +1.2
TPLC Timothy Plan US Large Cap Core ETF 12.1 52 -14 4.6 -2.0
BFOR Barron's 400 ETF 12.1 65 -27 5.8 -0.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 12.0 29 9 4.3 -2.3
ETHO Etho Climate Leadership U.S. ETF 11.9 47 -9 3.9 -2.7
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 11.7 25 13 6.9 +0.3
XMVM Invesco S&P MidCap Value with Momentum ETF 11.6 39 -1 8.4 +1.8

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 U.S. MidCap 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 13.4 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 38 bp
Equals: ALTAR Score 6.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.58 CATEGORY
AVERAGE
1.50
 
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.