WisdomTree U.S. Dividend ex-Financials Fund
ALTAR
Score™
10.4% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
11.5x P/Sales
ratio
0.9x
P/BV
ratio
1.5x Div.
yield
6.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree Dividend ex-Financials Fund seeks investment results that correspond to the performance of the WT Dividend ex-Financial Index.

FUND BASICS
Category US Equities
Fund Sponsor WisdomTree ETFs/USA
Website www.wisdomtree.com
Inception date Jun 16, 2006
Assets (mns) $517
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 98
Wgt avg mkt cap (mns) $55,069
Large cap (>$10bn) 79.9%
Mid cap ($2-10bn) 20.1%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ALTRIA GROUP INC 2.0 %
PHILIP MORRIS INTERNATIONAL 1.9 %
CENTURYTEL INC 1.9 %
ABBVIE INC 1.8 %
MEDICAL PROPERTIES TRUST INC 1.7 %
GILEAD SCIENCES INC 1.7 %
WILLIAMS COS INC 1.6 %
AT&T INC 1.6 %
KRAFT FOODS GROUP INC 1.6 %
INTL BUSINESS MACHINES CORP 1.6 %
Total 17.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-29.6% -21.6% 0.3% 7.9% 5.5%

Market Correlations
versus... Beta R-squared
S&P500 1.14 92%
MSCI EAFE 1.10 83%
MSCI Emg. Mkts. 0.82 68%

Technical Indicators
Recent close $61.49
30d moving avg. $72.26
Annualized volatility 18.1%
Short interest (ETF) 0.2%
Short interest (Underlying) 3.7%
Relative strength (RSI) 33

Liquidity measures
Avg. volume (thou.) 46
Turnover 0.6%
Bid/Ask (% of price) 0.32%
ADV underlying (mns) $58,973

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: DTN Expense: 38 bp ALTAR Score™: 10.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DTN
Ticker Fund
Name
Overlap1
vs DTN
(%)
Expense
ratio
(bp)
Savings
vs DTN
(bp)
ALTAR
Score™
(%)
ALTAR
vs DTN
(%)
SPYD SPDR S&P 500 High Dividend ETF 49.7 7 31 14.5 +4.1
CDL Victory CEMP US Large Cap High Dividend Volatility Wtd Idx E 45.7 35 3 11.6 +1.2
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 44.0 30 8 12.0 +1.6
SDOG ALPS Sector Dividend Dogs ETF 42.7 40 -2 14.2 +3.8
USDY Pacific Global US Equity Income ETF 39.8 29 9 10.8 +0.4
SPDV AAM S&P 500 High Dividend Value ETF 39.4 29 9 14.8 +4.4
DHS WisdomTree U.S. High Dividend Fund 39.4 38 0 10.7 +0.3
RNDV US Equity Dividend Select ETF 38.7 50 -12 10.6 +0.2
JDIV JPMorgan U.S. Dividend ETF 38.2 12 26 10.9 +0.5
DLN WisdomTree U.S. LargeCap Dividend Fund 38.0 28 10 8.3 -2.1
VYM Vanguard High Dividend Yield Index ETF 37.5 6 32 9.2 -1.2
DTD WisdomTree U.S.Total Dividend Fund 35.2 28 10 8.7 -1.7
DVY iShares Select Dividend ETF 35.0 39 -1 11.1 +0.7
OUSA O'Shares FTSE US Quality Dividend ETF 34.8 48 -10 7.2 -3.2
JKF iShares Morningstar Large Cap Value ETF 33.5 25 13 9.8 -0.6
FDRR Fidelity Dividend ETF for Rising Rates 33.5 29 9 9.8 -0.6
EQWL Invesco Russell Top 200 Equal Weight ETF 33.5 25 13 7.8 -2.7
QDF FlexShares Quality Dividend Index Fund 33.0 37 1 9.1 -1.3
SCHV Schwab U.S. Large-Cap Value ETF 33.0 4 34 9.2 -1.2
FLQL Franklin LibertyQ U.S. Equity ETF 32.8 15 23 8.2 -2.2
DEW WisdomTree Global High Dividend Fund 32.7 58 -20 11.7 +1.3
QDIV Global X S&P 500 Quality Dividend ETF 31.1 20 18 11.0 +0.6
SPYV SPDR Portfolio S&P 500 Value ETF 30.0 4 34 9.4 -1.0
IVE iShares S&P 500 Value ETF 29.9 18 20 9.3 -1.1
VALQ American Century STOXX U.S. Quality Value ETF 29.6 29 9 11.6 +1.2
LSLT Salt Low truBeta US Market ETF 29.5 0 38 8.7 -1.7
VOOV Vanguard S&P 500 Value ETF 29.5 15 23 9.4 -1.0
FVAL Fidelity Value Factor ETF 29.4 29 9 11.1 +0.7
FDL First Trust Morningstar Dividend Leaders Index Fund 29.4 45 -7 11.3 +0.9
FDVV Fidelity Core Dividend ETF 29.2 29 9 9.9 -0.5
VTV Vanguard Value Index Fund 28.9 4 34 9.4 -1.1
IUSV iShares Core S&P U.S. Value ETF 28.9 4 34 9.6 -0.8
QDEF FlexShares Quality Dividend Defensive Index Fund 28.6 37 1 8.1 -2.3
FLAG FLAG-Forensic Accounting Long Short ETF 28.2 152 -114 11.8 +1.4
FNDX Schwab Fundamental U.S. Large Co. Index ETF 28.2 25 13 8.5 -1.9
MGV Vanguard Mega Cap Value ETF 28.1 7 31 9.1 -1.3
QDYN FlexShares Quality Dividend Dynamic Index Fund 27.9 37 1 9.3 -1.1
PEY Invesco High Yield Equity Dividend Achievers ETF 27.5 53 -15 10.1 -0.3
PRF Invesco FTSE RAFI US 1000 ETF 27.3 39 -1 9.4 -1.0
IUS Invesco Strategic US ETF 27.0 19 19 8.1 -2.3
ONEY SPDR Russell 1000 Yield Focus ETF 27.0 20 18 12.2 +1.8
JVAL JPMorgan U.S. Value Factor ETF 27.0 12 26 12.1 +1.7
ESGS Columbia Sustainable U.S. Equity Income ETF 26.8 35 3 12.3 +1.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 26.8 25 13 8.6 -1.8
RAFE PIMCO RAFI ESG U.S. ETF 26.7 29 9 10.6 +0.2
DIVB iShares U.S. Dividend & Buyback ETF 26.5 25 13 8.9 -1.5
FTA First Trust Large Cap Value AlphaDEX Fund 26.4 60 -22 12.3 +1.9
EPS WisdomTree U.S. Earnings 500 Fund 26.3 8 30 8.6 -1.8
DVOP Source Dividend Opportunity ETF 26.2 50 -12 11.5 +1.1
DURA VanEck Vectors Morningstar Durable Dividend ETF 26.1 29 9 8.7 -1.7
ROUS Hartford Multifactor US Equity ETF 25.5 19 19 9.4 -1.0
SCHD Schwab U.S. Dividend Equity ETF 25.5 6 32 9.5 -1.0
MAGA Point Bridge GOP Stock Tracker ETF 25.5 72 -34 9.6 -0.8
RWL Invesco S&P 500 Revenue ETF 25.3 39 -1 9.3 -1.1
VLU SPDR S&P 1500 Value Tilt ETF 24.7 12 26 9.8 -0.6
RNLC Large Cap US Equity Select ETF 24.6 60 -22 8.2 -2.2
IWX iShares Russell Top 200 Value ETF 24.6 20 18 9.0 -1.4
IWD iShares Russell 1000 Value ETF 24.6 19 19 9.4 -1.0
HDV iShares Core High Dividend ETF 24.5 8 30 8.5 -1.9
VONV Vanguard Russell 1000 Value Index Fund 24.4 8 30 9.5 -0.9
PFM Invesco Dividend Achievers ETF 24.3 54 -16 6.6 -3.8
SPXT ProShares S&P 500 Ex-Technology ETF 24.0 27 11 7.5 -2.9
AFLG First Trust Active Factor Large Cap ETF 23.8 55 -17 7.8 -2.6
FQAL Fidelity Quality Factor ETF 23.8 29 9 7.2 -3.2
NULV Nuveen ESG Large-Cap Value ETF 23.8 35 3 9.5 -0.9
DGRO iShares Core Dividend Growth ETF 23.7 8 30 8.6 -1.8
SPXN ProShares S&P 500 Ex-Financials ETF 23.7 27 11 6.8 -3.6
OEF iShares S&P 100 ETF 23.5 20 18 6.5 -3.9
FVD First Trust Value Line Dividend Index Fund 23.4 70 -32 8.2 -2.2
JMIN JPMorgan U.S. Minimum Volatility ETF 23.3 12 26 7.3 -3.1
LVHD Legg Mason Low Volatility High Dividend ETF 23.3 27 11 8.9 -1.5
SDY SPDR S&P Dividend ETF 23.1 35 3 8.3 -2.1
VLUE iShares Edge MSCI USA Value Factor ETF 22.8 15 23 14.6 +4.2
PBP Invesco S&P 500 BuyWrite ETF 22.8 49 -11 6.7 -3.7
GBDV Global Beta Smart Income ETF 22.7 29 9 16.3 +5.9
HSPX Global X S&P 500 Covered Call ETF 22.7 65 -27 6.4 -4.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 22.5 29 9 8.4 -2.0
IWL iShares Russell Top 200 ETF 22.3 15 23 6.8 -3.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 22.2 19 19 8.5 -2.0
RECS Columbia Research Enhanced Core ETF 22.2 15 23 7.6 -2.8
JQUA JPMorgan U.S. Quality Factor ETF 22.2 12 26 6.8 -3.6
MGC Vanguard Mega Cap Index Fund 22.1 7 31 7.0 -3.4
JKI iShares Morningstar Mid-Cap Value ETF 22.0 30 8 13.6 +3.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 21.9 19 19 7.7 -2.7
QUS SPDR MSCI USA StrategicFactors ETF 21.8 15 23 7.4 -3.0
MXDU Nationwide Maximum Diversification US Core Equity ETF 21.4 34 4 6.9 -3.5
TPHD Timothy Plan High Dividend Stock ETF 21.4 52 -14 9.5 -0.9
SPY SPDR S&P 500 ETF Trust 21.4 9 29 7.2 -3.2
ESGU iShares MSCI USA ESG Optimized ETF 21.3 15 23 6.8 -3.6
SPLG SPDR Portfolio Large Cap ETF 21.3 3 35 7.3 -3.1
IVV iShares Core S&P 500 ETF 21.3 4 34 7.3 -3.1
KRMA Global X Conscious Companies ETF 21.2 43 -5 7.5 -2.9
REVS Columbia Research Enhanced Value ETF 21.1 19 19 10.1 -0.3
USMV iShares Edge MSCI Min Vol USA ETF 21.1 15 23 7.0 -3.4
VOO VANGUARD S&P 500 ETF 21.1 3 35 7.3 -3.1
RBUS Nationwide Risk-Based U.S. Equity ETF 21.1 30 8 7.3 -3.1
DGRW WisdomTree U.S. Quality Dividend Growth Fund 21.0 28 10 8.4 -2.0
VV Vanguard Large-Cap Index Fund 20.8 4 34 7.1 -3.3
RDIV Invesco S&P Ultra Dividend Revenue ETF 20.6 39 -1 15.3 +4.9
SNPE Xtrackers S&P 500 ESG ETF 20.5 11 27 7.0 -3.4

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. Dividend ex-Financials 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 15.9 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 38 bp
Equals: ALTAR Score 10.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.63 CATEGORY
AVERAGE
1.51
 
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.