WisdomTree U.S. Earnings 500 Fund
ALTAR
Score™
6.3% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
22.1x P/Sales
ratio
1.9x
P/BV
ratio
2.7x Div.
yield
2.2%


  • 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) $399
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) $377,577
Large cap (>$10bn) 97.7%
Mid cap ($2-10bn) 2.3%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 6.7 %
MICROSOFT CORP 4.6 %
ALPHABET INC. CLASS A 3.0 %
FACEBOOK 2.1 %
JPMORGAN CHASE & CO 2.0 %
AMAZON.COM INC 1.7 %
BANK OF AMERICA CORP 1.6 %
VERIZON COMMUNICATIONS INC 1.6 %
JOHNSON & JOHNSON 1.5 %
WAL-MART STORES INC 1.4 %
Total 26.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-4.5% 5.0% 9.7% 12.7% 8.0%

Market Correlations
versus... Beta R-squared
S&P500 1.03 98%
MSCI EAFE 1.04 85%
MSCI Emg. Mkts. 0.74 70%

Technical Indicators
Recent close $35.43
30d moving avg. $34.08
Annualized volatility 17.9%
Short interest (ETF) 0.3%
Short interest (Underlying) 2.3%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 41
Turnover 0.4%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $196,481

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 6.3%


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
(%)
PBP Invesco S&P 500 BuyWrite ETF 76.8 49 -41 4.8 -1.4
HSPX Global X S&P 500 Covered Call ETF 75.6 65 -57 4.7 -1.6
SPY SPDR S&P 500 ETF Trust 75.3 9 -1 5.2 -1.1
SPLG SPDR Portfolio Large Cap ETF 75.3 3 5 5.2 -1.1
IVV iShares Core S&P 500 ETF 75.3 4 4 5.2 -1.1
VOO VANGUARD S&P 500 ETF 75.0 3 5 5.2 -1.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 74.4 20 -12 5.1 -1.2
PBUS Invesco PureBeta MSCI USA ETF 74.2 4 4 5.1 -1.2
SPXE ProShares S&P 500 Ex-Energy ETF 74.2 27 -19 5.1 -1.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 73.9 7 1 5.0 -1.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 73.7 2 6 5.1 -1.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 73.4 25 -17 6.2 -0.0
SCHX Schwab U.S. Large-Cap ETF 73.0 3 5 5.1 -1.2
VV Vanguard Large-Cap Index Fund 72.8 4 4 5.0 -1.2
SPTM SPDR Portfolio Total Stock Market ETF 72.1 3 5 5.3 -1.0
SCHK Schwab 1000 Index ETF 71.5 5 3 5.1 -1.2
VONE Vanguard Russell 1000 ETF 71.3 8 0 5.0 -1.3
IWB iShares Russell 1000 ETF 71.2 15 -7 4.9 -1.4
IYY iShares Dow Jones U.S. ETF 71.0 20 -12 5.0 -1.3
PRF Invesco FTSE RAFI US 1000 ETF 70.7 39 -31 6.6 +0.3
DIVB iShares U.S. Dividend & Buyback ETF 70.5 25 -17 6.4 +0.1
FNDB Schwab Fundamental U.S. Broad Market Index ETF 70.4 25 -17 6.2 -0.0
MGC Vanguard Mega Cap Index Fund 70.1 7 1 5.0 -1.3
SPXN ProShares S&P 500 Ex-Financials ETF 69.9 27 -19 4.8 -1.5
JHML John Hancock Multifactor Large Cap ETF 69.0 29 -21 5.4 -0.9
SCHB Schwab U.S. Broad Market ETF 68.9 3 5 5.0 -1.3
SPXV ProShares S&P 500 Ex-Health Care ETF 68.8 27 -19 4.8 -1.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 68.7 3 5 5.0 -1.3
IWV iShares Russell 3000 ETF 68.5 20 -12 4.8 -1.5
VTHR Vanguard Russell 3000 Index Fund 68.5 10 -2 4.9 -1.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 68.3 20 -12 4.7 -1.5
IWL iShares Russell Top 200 ETF 68.1 15 -7 4.8 -1.5
BKLC BNY Mellon US Large Cap Core Equity ETF 67.9 0 8 4.9 -1.3
DLN WisdomTree U.S. LargeCap Dividend Fund 67.9 28 -20 6.3 -0.0
DTD WisdomTree U.S.Total Dividend Fund 67.5 28 -20 6.5 +0.2
ESGU iShares MSCI USA ESG Optimized ETF 67.2 15 -7 4.9 -1.4
IUS Invesco Strategic US ETF 67.1 19 -11 6.3 +0.0
VTI Vanguard Total Stock Market Index Fund 67.1 3 5 4.9 -1.4
CATH Global X S&P 500 Catholic Values Custom ETF 66.3 29 -21 5.0 -1.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 65.3 9 -1 5.3 -0.9
SNPE Xtrackers S&P 500 ESG ETF 65.0 11 -3 4.9 -1.4
SFY SoFi Select 500 ETF 64.9 0 8 5.0 -1.3
VLU SPDR S&P 1500 Value Tilt ETF 64.3 12 -4 7.2 +0.9
SPXT ProShares S&P 500 Ex-Technology ETF 64.0 27 -19 5.4 -0.8
QUS SPDR MSCI USA StrategicFactors ETF 63.5 15 -7 5.7 -0.6
ESGV Vanguard ESG U.S. Stock ETF 63.4 12 -4 4.9 -1.4
AVUS Avantis U.S. Equity ETF 63.0 15 -7 5.5 -0.8
RWL Invesco S&P 500 Revenue ETF 61.1 39 -31 7.0 +0.7
OEF iShares S&P 100 ETF 61.0 20 -12 4.6 -1.7
SPYV SPDR Portfolio S&P 500 Value ETF 59.7 4 4 7.3 +1.0
IVE iShares S&P 500 Value ETF 59.7 18 -10 7.1 +0.8
IQSU IQ Candriam ESG US Equity ETF 59.6 9 -1 4.9 -1.4
VOOV Vanguard S&P 500 Value ETF 59.6 15 -7 7.1 +0.9
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 59.4 25 -17 6.3 -0.0
ESG FlexShares STOXX US ESG Impact Index Fund 59.3 32 -24 4.9 -1.4
IWD iShares Russell 1000 Value ETF 59.2 19 -11 6.8 +0.5
VONV Vanguard Russell 1000 Value Index Fund 59.1 8 0 6.9 +0.6
IUSV iShares Core S&P U.S. Value ETF 58.8 4 4 7.3 +1.0
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 58.7 15 -7 6.0 -0.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 58.6 12 -4 4.4 -1.8
DYNF BlackRock U.S. Equity Factor Rotation ETF 58.5 30 -22 6.3 0.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 58.5 60 -52 4.0 -2.3
KOKU Xtrackers MSCI Kokusai Equity ETF 57.6 9 -1 5.5 -0.7
TOK iShares MSCI Kokusai ETF 57.5 25 -17 5.4 -0.9
VTV Vanguard Value Index Fund 56.4 4 4 7.3 +1.0
DGRO iShares Core Dividend Growth ETF 56.3 8 0 6.5 +0.2
SPYG SPDR Portfolio S&P 500 Growth ETF 55.0 4 4 4.2 -2.1
VOOG Vanguard S&P 500 Growth ETF 55.0 10 -2 4.1 -2.2
IVW iShares S&P 500 Growth ETF 55.0 18 -10 4.0 -2.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 55.0 29 -21 5.8 -0.4
RECS Columbia Research Enhanced Core ETF 54.5 15 -7 5.4 -0.8
IUSG iShares Core S&P US Growth ETF 54.4 4 4 4.2 -2.1
URTH iShares MSCI World ETF 53.9 24 -16 5.5 -0.7
NACP Impact Shares NAACP Minority Empowerment ETF 53.1 75 -67 4.5 -1.8
SCHV Schwab U.S. Large-Cap Value ETF 52.9 4 4 7.1 +0.8
EXT WisdomTree U.S. Total Earnings Fund 52.7 28 -20 5.0 -1.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 51.3 19 -11 5.9 -0.4
AFLG First Trust Active Factor Large Cap ETF 51.1 55 -47 5.3 -0.9
FVAL Fidelity Value Factor ETF 50.7 29 -21 7.7 +1.4
RAFE PIMCO RAFI ESG U.S. ETF 50.3 29 -21 7.5 +1.3
XLG Invesco S&P 500 Top 50 ETF 49.9 20 -12 4.3 -2.0
IWX iShares Russell Top 200 Value ETF 49.9 20 -12 6.7 +0.4
EQWL Invesco Russell Top 200 Equal Weight ETF 49.8 25 -17 6.0 -0.3
MGV Vanguard Mega Cap Value ETF 49.5 7 1 7.2 +0.9
DSI iShares MSCI KLD 400 Social ETF 48.7 25 -17 5.0 -1.3
FDRR Fidelity Dividend ETF for Rising Rates 48.2 29 -21 6.8 +0.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 48.2 10 -2 5.2 -1.1
SUSL iShares ESG MSCI USA Leaders ETF 48.2 10 -2 5.2 -1.1
ACWI iShares MSCI ACWI ETF 48.2 32 -24 5.7 -0.6
KRMA Global X Conscious Companies ETF 47.6 43 -35 5.0 -1.2
ROUS Hartford Multifactor US Equity ETF 47.2 19 -11 7.0 +0.8
FQAL Fidelity Quality Factor ETF 47.1 29 -21 5.4 -0.9
LOWC SPDR MSCI ACWI Low Carbon Target ETF 47.1 20 -12 5.9 -0.4
QLC FlexShares US Quality Large Cap Index Fund 46.9 32 -24 5.2 -1.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 46.8 20 -12 5.9 -0.3
JQUA JPMorgan U.S. Quality Factor ETF 46.8 12 -4 5.2 -1.1
VEGN US Vegan Climate ETF 46.7 60 -52 5.0 -1.3
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 46.6 75 -67 3.8 -2.5
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 46.6 49 -41 3.8 -2.5
USDY Pacific Global US Equity Income ETF 46.4 29 -21 7.1 +0.8

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%.

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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:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 16.1 %
Divided by: Fwd. P/BV 2.5 x
Less: Expense ratio 8 bp
Equals: ALTAR Score 6.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.47 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.