WisdomTree U.S. MidCap Dividend Fund
ALTAR
Score™
7.9% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
18.6x P/Sales
ratio
1.4x
P/BV
ratio
1.5x Div.
yield
3.5%


  • 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) $2,406
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 334
Wgt avg mkt cap (mns) $7,607
Large cap (>$10bn) 28.4%
Mid cap ($2-10bn) 70.3%
Small cap (<$2bn) 1.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
JM SMUCKER CO/THE 1.1 %
FRANKLIN RESOURCES INC 1.1 %
CENTERPOINT ENERGY INC 1.1 %
WESTROCK CO. 1.1 %
CAMPBELL SOUP CO 1.1 %
EASTMAN CHEMICAL COMPANY 1.0 %
C.H. ROBINSON WORLDWIDE INC 1.0 %
WHIRLPOOL CORP 0.9 %
AES CORP 0.9 %
NEWELL RUBBERMAID INC 0.9 %
Total 10.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 100.0 %
PUERTO RICO 0.2 %









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.
-19.3% -10.7% 5.3% 10.6% 7.2%

Market Correlations
versus... Beta R-squared
S&P500 1.20 84%
MSCI EAFE 1.29 82%
MSCI Emg. Mkts. 0.94 69%

Technical Indicators
Recent close $28.66
30d moving avg. $30.15
Annualized volatility 22.9%
Short interest (ETF) 0.0%
Short interest (Underlying) 5.5%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 322
Turnover 0.4%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $2,138

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™: 7.9%


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 43.2 60 -22 7.9 -0.0
SCHM Schwab U.S. Mid-Cap ETF 42.5 4 34 6.3 -1.6
EZM WisdomTree U.S. MidCap Earnings Fund 38.5 38 0 9.3 +1.4
ONEY SPDR Russell 1000 Yield Focus ETF 36.9 20 18 9.3 +1.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 36.6 29 9 9.7 +1.8
IJH iShares Core S&P Mid-Cap ETF 35.9 5 33 6.7 -1.2
MDY SPDR S&P Midcap 400 ETF Trust 35.7 23 15 6.5 -1.4
SPMD SPDR Portfolio Mid Cap ETF 35.5 5 33 6.7 -1.2
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 35.3 20 18 9.3 +1.4
IVOO Vanguard S&P Mid-Cap 400 ETF 35.3 10 28 6.6 -1.3
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 33.0 24 14 6.3 -1.6
VBR Vanguard Small Cap Value Index Fund 33.0 7 31 8.5 +0.6
SFYX Sofi Next 500 ETF 33.0 0 38 6.1 -1.8
ONEV SPDR Russell 1000 Low Volatility Focus ETF 32.5 20 18 7.1 -0.8
EWMC Invesco S&P MidCap 400 Equal Weight ETF 32.5 40 -2 7.2 -0.7
FNX First Trust Mid Cap Core AlphaDEX Fund 32.4 61 -23 6.7 -1.2
JHMM John Hancock Multifactor Mid Cap ETF 31.3 42 -4 5.8 -2.1
FNK First Trust Mid Cap Value AlphaDEX Fund 30.5 70 -32 11.4 +3.5
IJJ iShares S&P Mid-Cap 400 Value ETF 30.5 25 13 8.6 +0.8
MDYV SPDR S&P 400 Mid Cap Value ETF 30.5 15 23 8.8 +0.9
IVOV Vanguard S&P Mid-Cap 400 Value ETF 30.4 15 23 8.8 +0.9
FSMD Fidelity Small-Mid Factor ETF 30.1 29 9 6.6 -1.3
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 29.7 29 9 7.1 -0.8
OUSM O'Shares FTSE Russell Small Cap Quality Dividend ETF 28.5 48 -10 5.8 -2.1
VB Vanguard Small-Cap ETF 28.3 5 33 5.5 -2.4
BKSE BNY Mellon US Small Cap Core Equity ETF 27.8 4 34 6.2 -1.7
AFMC First Trust Active Factor Mid Cap ETF 27.8 65 -27 6.6 -1.3
TPLC Timothy Plan US Large Cap Core ETF 26.4 52 -14 5.5 -2.4
SMMD iShares Russell 2500 ETF 26.2 15 23 6.1 -1.8
IWS iShares Russell Mid-Cap Value ETF 25.8 24 14 7.2 -0.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 25.6 7 31 5.6 -2.3
RVRS Reverse Cap Weighted U.S. Large Cap ETF 25.6 29 9 8.1 +0.2
SMDY Syntax Stratified MidCap ETF 25.2 30 8 6.4 -1.5
EQAL Invesco Russell 1000 Equal Weight ETF 24.8 20 18 5.8 -2.1
PBSM Invesco PureBeta MSCI USA Small Cap ETF 24.8 6 32 5.4 -2.5
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 24.5 15 23 5.2 -2.7
JHSC John Hancock Multifactor Small Cap ETF 24.5 42 -4 6.1 -1.8
RWK Invesco S&P MidCap 400 Revenue ETF 24.4 39 -1 8.0 +0.1
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 24.3 17 21 6.5 -1.4
MDYG SPDR S&P 400 Mid Cap Growth ETF 24.2 15 23 5.2 -2.7
JDIV JPMorgan U.S. Dividend ETF 24.2 12 26 8.0 +0.1
IJK iShares S&P Mid-Cap 400 Growth ETF 24.1 24 14 5.1 -2.8
ONEO SPDR Russell 1000 Momentum Focus ETF 23.6 20 18 6.6 -1.3
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 23.4 17 21 5.1 -2.8
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 23.0 35 3 5.6 -2.3
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 22.8 30 8 5.8 -2.1
JKL iShares Morningstar Small Cap Value ETF 22.6 30 8 10.4 +2.5
PVAL Principal Contrarian Value Index ETF 22.1 29 9 9.5 +1.6
FAB First Trust Multi Cap Value AlphaDEX Fund 22.1 71 -33 10.1 +2.2
TPHD Timothy Plan High Dividend Stock ETF 22.0 52 -14 7.7 -0.2
IWR iShares Russell Midcap ETF 21.5 19 19 5.7 -2.2
CFA VictoryShares US 500 Volatility Weighted Index ETF 21.5 35 3 5.9 -2.0
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 21.2 35 3 5.9 -2.0
JPUS JPMorgan Diversified Return U.S. Equity ETF 20.4 18 20 6.3 -1.6
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 20.1 25 13 7.8 -0.1
PY Principal Shareholder Yield Index ETF 19.8 15 23 9.3 +1.4
VXF Vanguard Extended Market Index Fund 19.6 6 32 3.7 -4.2
SIZE iShares Edge MSCI USA Size Factor ETF 19.6 15 23 6.2 -1.7
VOE Vanguard Mid-Cap Value Index Fund 19.1 7 31 7.9 -0.0
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 18.1 35 3 8.7 +0.8
FNDA Schwab Fundamental U.S. Small Co. Index ETF 17.9 25 13 7.2 -0.7
PMOM Principal Sustainable Momentum Index ETF 17.8 29 9 8.6 +0.7
DVY iShares Select Dividend ETF 17.4 39 -1 9.7 +1.8
KLCD KFA Large Cap Quality Dividend Index ETF 17.4 42 -4 5.3 -2.6
VFLQ Vanguard U.S. Liquidity Factor ETF 17.4 14 24 4.4 -3.5
JVAL JPMorgan U.S. Value Factor ETF 17.3 12 26 9.0 +1.1
AUSF Global X Adaptive U.S. Factor ETF 17.3 27 11 9.5 +1.6
JKG iShares Morningstar Mid-Cap ETF 17.3 25 13 5.5 -2.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 17.0 4 34 5.6 -2.3
USMF WisdomTree U.S. Multifactor Fund 16.9 28 10 5.9 -2.0
EUSA iShares MSCI USA Equal Weighted ETF 16.9 15 23 6.3 -1.6
VFVA Vanguard U.S. Value Factor ETF 16.9 14 24 11.4 +3.5
JKI iShares Morningstar Mid-Cap Value ETF 16.8 30 8 9.2 +1.4
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 16.8 35 3 8.6 +0.7
RSP Invesco S&P 500 Equal Weight ETF 16.3 20 18 6.7 -1.2
QSY WisdomTree U.S. LargeCap Value Fund 16.2 38 0 7.0 -0.9
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 16.1 60 -22 8.3 +0.4
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 15.9 80 -42 5.9 -2.0
ROUS Hartford Multifactor US Equity ETF 15.8 19 19 6.6 -1.3
SDY SPDR S&P Dividend ETF 15.7 35 3 7.3 -0.5
TUSA First Trust Total US Market AlphaDEX ETF 15.7 70 -32 6.0 -1.9
ETHO Etho Climate Leadership U.S. ETF 15.7 47 -9 4.6 -3.3
FXO First Trust Financials AlphaDEX Fund 15.6 63 -25 13.0 +5.1
VALQ American Century STOXX U.S. Quality Value ETF 15.6 29 9 9.2 +1.3
VUSE Vident Core US Equity Fund 15.5 48 -10 9.1 +1.2
FVD First Trust Value Line Dividend Index Fund 15.0 70 -32 6.4 -1.5
XMLV Invesco S&P MidCap Low Volatility ETF 15.0 25 13 5.7 -2.2
NUSC Nuveen ESG Small-Cap ETF 14.9 40 -2 5.2 -2.7
IUSS Invesco Strategic US Small Company ETF 14.8 23 15 5.5 -2.4
USRT iShares Core U.S. REIT ETF 14.7 8 30 7.6 -0.3
FREL Fidelity MSCI Real Estate Index ETF 14.6 8 30 6.9 -1.0
SCHA Schwab U.S. Small-Cap ETF 14.6 4 34 4.8 -3.1
SCHH Schwab U.S. REIT ETF 14.5 7 31 7.0 -0.9
JMIN JPMorgan U.S. Minimum Volatility ETF 14.4 12 26 5.6 -2.3
VO Vanguard Mid-Cap Index Fund 14.4 4 34 5.3 -2.6
ESGS Columbia Sustainable U.S. Equity Income ETF 14.4 35 3 9.0 +1.2
LRGF iShares Edge MSCI Multifactor USA ETF 14.3 20 18 7.9 -0.0
IYR iShares U.S. Real Estate ETF 14.3 42 -4 6.7 -1.2
VNQ Vanguard REIT Index Fund 14.3 12 26 6.8 -1.1
STLV iShares Factors US Value Style ETF 14.2 25 13 7.4 -0.5

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

  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

Content on this tab for subscribers only

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. 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 11.9 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 38 bp
Equals: ALTAR Score 7.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.64 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.