WisdomTree U.S. Earnings 500 Fund
ALTAR
Score™
6.0% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
20.2x P/Sales
ratio
2.2x
P/BV
ratio
3.4x Div.
yield
1.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree Earnings 500 Fund seeks to track the yield and performance of the WisdomTree Earnings 500 Index, an earnings-weighted index of large-cap U.S. stocks.

FUND BASICS
Category US Equities
Fund Sponsor WisdomTree ETFs
Website www.wisdomtree.com
Inception date Feb 23, 2007
Assets (mns) $467
Currency USD
Expense ratio 8 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Earnings
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 500
Wgt avg mkt cap (mns) $413,747
Large cap (>$10bn) 98.1%
Mid cap ($2-10bn) 1.8%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 4.9 %
MICROSOFT CORP 4.1 %
ALPHABET INC. CLASS A 3.0 %
JPMORGAN CHASE & CO 2.4 %
INTEL CORP 2.2 %
FACEBOOK 2.0 %
BERKSHIRE HATHAWAY INC-CL B 1.9 %
AMAZON.COM INC 1.7 %
BANK OF AMERICA CORP 1.6 %
JOHNSON & JOHNSON 1.6 %
Total 25.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.4 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
11.9% 11.9% 13.9% 13.0% 9.0%

Market Correlations
versus... Beta R-squared
S&P500 1.03 98%
MSCI EAFE 0.97 86%
MSCI Emg. Mkts. 0.78 70%

Technical Indicators
Recent close $40.64
30d moving avg. $40.03
Annualized volatility 19.6%
Short interest (ETF) 0.4%
Short interest (Underlying) 2.3%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 36
Turnover 0.3%
Bid/Ask (% of price) 0.07%
ADV underlying (mns) $208,413

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the WisdomTree U.S. Earnings 500 Fund ETF based on the alternatives' overlap in portfolio holdings with EPS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EPS Expense: 8 bp ALTAR Score™: 6.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EPS
Ticker Fund
Name
Overlap1
vs EPS
(%)
Expense
ratio
(bp)
Savings
vs EPS
(bp)
ALTAR
Score™
(%)
ALTAR
vs EPS
(%)
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 70.8 20 -12 4.9 -1.1
PBP Invesco S&P 500 BuyWrite ETF 70.6 49 -41 4.4 -1.6
ESGV Vanguard ESG U.S. Stock ETF 70.0 12 -4 4.6 -1.4
XYLG Global X S&P 500 Covered Call & Growth ETF 70.0 60 -52 4.4 -1.6
VOO VANGUARD S&P 500 ETF 69.9 3 5 4.9 -1.1
SPY SPDR S&P 500 ETF Trust 69.7 9 -1 4.8 -1.2
SPLG SPDR Portfolio Large Cap ETF 69.7 3 5 4.8 -1.2
IVV iShares Core S&P 500 ETF 69.7 3 5 4.8 -1.2
SPXE ProShares S&P 500 Ex-Energy ETF 69.4 27 -19 4.7 -1.3
PBUS Invesco PureBeta MSCI USA ETF 68.2 4 4 4.7 -1.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 67.8 2 6 4.7 -1.3
SCHX Schwab U.S. Large-Cap ETF 67.8 3 5 4.6 -1.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 67.7 7 1 4.6 -1.4
VV Vanguard Large-Cap Index Fund 67.5 4 4 4.7 -1.3
SPTM SPDR Portfolio Total Stock Market ETF 67.2 3 5 4.9 -1.1
SCHK Schwab 1000 Index ETF 66.8 5 3 4.7 -1.3
IWB iShares Russell 1000 ETF 66.8 15 -7 4.6 -1.4
DLN WisdomTree U.S. LargeCap Dividend Fund 66.4 28 -20 6.2 +0.2
IYY iShares Dow Jones U.S. ETF 66.3 20 -12 4.5 -1.5
DIVB iShares U.S. Dividend & Buyback ETF 66.2 25 -17 5.9 -0.1
MGC Vanguard Mega Cap Index Fund 66.1 7 1 4.7 -1.3
JHML John Hancock Multifactor Large Cap ETF 65.4 29 -21 4.9 -1.1
DTD WisdomTree U.S.Total Dividend Fund 65.3 28 -20 6.3 +0.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 65.2 20 -12 4.7 -1.3
VTHR Vanguard Russell 3000 Index Fund 65.2 10 -2 4.5 -1.5
DFAU Dimensional US Core Equity Market ETF 64.5 12 -4 4.7 -1.3
IWL iShares Russell Top 200 ETF 64.4 15 -7 4.5 -1.5
IWV iShares Russell 3000 ETF 64.0 20 -12 4.4 -1.6
BKLC BNY Mellon US Large Cap Core Equity ETF 64.0 0 8 4.6 -1.4
SPXN ProShares S&P 500 Ex-Financials ETF 63.8 27 -19 4.5 -1.5
SCHB Schwab U.S. Broad Market ETF 63.8 3 5 4.5 -1.5
PRF Invesco FTSE RAFI US 1000 ETF 63.6 39 -31 5.8 -0.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 63.5 3 5 4.5 -1.5
SFY SoFi Select 500 ETF 63.4 0 8 4.6 -1.4
FNDX Schwab Fundamental U.S. Large Co. Index ETF 63.4 25 -17 5.8 -0.2
VONE Vanguard Russell 1000 ETF 63.4 8 0 4.6 -1.4
CATH Global X S&P 500 Catholic Values Custom ETF 63.2 29 -21 4.7 -1.3
SPXV ProShares S&P 500 Ex-Health Care ETF 63.2 27 -19 4.4 -1.6
VTI Vanguard Total Stock Market Index Fund 62.8 3 5 4.5 -1.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 62.4 9 -1 4.9 -1.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 62.4 15 -7 4.7 -1.3
QUS SPDR MSCI USA StrategicFactors ETF 62.0 15 -7 5.3 -0.7
SPYV SPDR Portfolio S&P 500 Value ETF 61.6 4 4 6.4 +0.4
IVE iShares S&P 500 Value ETF 61.5 18 -10 6.3 +0.3
ESGU iShares MSCI USA ESG Optimized ETF 61.3 15 -7 4.5 -1.5
EFIV SPDR S&P 500 ESG ETF 60.9 10 -2 4.7 -1.3
SNPE Xtrackers S&P 500 ESG ETF 60.8 10 -2 4.7 -1.3
VOOV Vanguard S&P 500 Value ETF 60.3 10 -2 6.6 +0.6
SPXT ProShares S&P 500 Ex-Technology ETF 60.3 27 -19 4.9 -1.1
IUSV iShares Core S&P U.S. Value ETF 60.2 4 4 6.4 +0.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 60.1 25 -17 5.7 -0.3
IUS Invesco Strategic US ETF 60.1 19 -11 5.5 -0.5
XOUT GraniteShares XOUT U.S. Large Cap ETF 58.5 60 -52 3.7 -2.3
RWL Invesco S&P 500 Revenue ETF 58.3 39 -31 6.3 +0.3
ESG FlexShares STOXX US ESG Impact Index Fund 58.2 32 -24 4.6 -1.4
IQSU IQ Candriam ESG US Equity ETF 58.2 9 -1 4.6 -1.4
OEF iShares S&P 100 ETF 57.5 20 -12 4.3 -1.7
SCHV Schwab U.S. Large-Cap Value ETF 57.2 4 4 6.1 +0.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 56.9 12 -4 4.1 -1.9
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 56.7 15 -7 5.8 -0.2
VTV Vanguard Value Index Fund 56.6 4 4 6.5 +0.5
RESP WisdomTree US ESG Fund of Benef Interest 56.4 28 -20 5.2 -0.8
VLU SPDR S&P 1500 Value Tilt ETF 56.2 12 -4 6.2 +0.2
VONV Vanguard Russell 1000 Value Index Fund 56.1 8 0 6.1 +0.2
AVUS Avantis U.S. Equity ETF 55.9 15 -7 4.9 -1.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 55.7 30 -22 5.3 -0.7
DGRO iShares Core Dividend Growth ETF 55.7 8 0 6.0 +0.0
IWD iShares Russell 1000 Value ETF 55.1 19 -11 6.0 +0.0
TOK iShares MSCI Kokusai ETF 53.6 25 -17 5.0 -1.0
KOKU Xtrackers MSCI Kokusai Equity ETF 53.5 9 -1 5.1 -0.9
VOOG Vanguard S&P 500 Growth ETF 52.9 10 -2 4.1 -1.9
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 52.9 25 -17 5.0 -1.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 52.6 30 -22 5.1 -0.9
NACP Impact Shares NAACP Minority Empowerment ETF 51.6 49 -41 4.8 -1.2
FVAL Fidelity Value Factor ETF 50.8 29 -21 6.9 +0.9
MGV Vanguard Mega Cap Value ETF 50.8 7 1 6.4 +0.5
AFLG First Trust Active Factor Large Cap ETF 50.3 55 -47 4.8 -1.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 50.0 19 -11 5.4 -0.6
URTH iShares MSCI World ETF 50.0 24 -16 5.0 -1.0
RECS Columbia Research Enhanced Core ETF 49.7 15 -7 5.2 -0.8
IUSG iShares Core S&P US Growth ETF 49.2 4 4 3.8 -2.2
ROUS Hartford Multifactor US Equity ETF 49.1 19 -11 5.9 -0.1
XLG Invesco S&P 500 Top 50 ETF 49.0 20 -12 4.2 -1.8
SPYG SPDR Portfolio S&P 500 Growth ETF 48.9 4 4 3.8 -2.2
IVW iShares S&P 500 Growth ETF 48.9 18 -10 3.7 -2.3
IWX iShares Russell Top 200 Value ETF 48.3 20 -12 6.0 +0.0
RAFE PIMCO RAFI ESG U.S. ETF 48.2 30 -22 6.7 +0.7
DGRW WisdomTree U.S. Quality Dividend Growth Fund 47.9 28 -20 6.1 +0.1
KRMA Global X Conscious Companies ETF 47.9 43 -35 4.9 -1.1
DSI iShares MSCI KLD 400 Social ETF 47.3 25 -17 4.7 -1.3
HIPR Direxion High Growth ETF 47.0 40 -32 4.0 -2.0
EQWL Invesco Russell Top 200 Equal Weight ETF 46.6 25 -17 5.6 -0.4
ACVF American Conservative Values ETF 46.3 75 -67 4.2 -1.8
QLC FlexShares US Quality Large Cap Index Fund 46.0 32 -24 4.5 -1.5
JQUA JPMorgan U.S. Quality Factor ETF 45.8 12 -4 5.1 -0.9
QWLD SPDR MSCI World StrategicFactors ETF 45.3 30 -22 5.4 -0.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 45.2 10 -2 4.9 -1.1
SUSL iShares ESG MSCI USA Leaders ETF 45.1 10 -2 4.9 -1.1

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. Earnings 500 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 18.4 %
Divided by: Fwd. P/BV 3.0 x
Less: Expense ratio 8 bp
Equals: ALTAR Score 6.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.46 CATEGORY
AVERAGE
1.49
 
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.