WisdomTree U.S. Earnings 500 Fund
ALTAR
Score™		 6.2% info Recommen-
dation		 OVERWEIGHT
2020E    2021E
P/E
ratio		 22.5x P/Sales
ratio		 2.0x
P/BV
ratio		 2.8x Div.
yield		 2.1%


  • 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) $420
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 498
Wgt avg mkt cap (mns) $402,729
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 6.8 %
MICROSOFT CORP 4.4 %
ALPHABET INC. CLASS A 3.2 %
FACEBOOK 2.3 %
JPMORGAN CHASE & CO 2.1 %
AMAZON.COM INC 1.6 %
VERIZON COMMUNICATIONS INC 1.5 %
WAL-MART STORES INC 1.5 %
BANK OF AMERICA CORP 1.5 %
JOHNSON & JOHNSON 1.4 %
Total 26.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.7 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-1.8% 7.9% 12.4% 12.5% 8.1%

Market Correlations
versus... Beta R-squared
S&P500 1.03 98%
MSCI EAFE 1.06 85%
MSCI Emg. Mkts. 0.76 69%

Technical Indicators
Recent close $36.65
30d moving avg. $35.88
Annualized volatility 18.4%
Short interest (ETF) 0.0%
Short interest (Underlying) 2.3%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 33
Turnover 0.3%
Bid/Ask (% of price) 0.07%
ADV underlying (mns) $205,145

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™: 6.2%


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
(%)
HSPX Global X S&P 500 Covered Call ETF 77.0 60 -52 4.7 -1.5
PBP Invesco S&P 500 BuyWrite ETF 75.8 49 -41 4.7 -1.5
XYLG Global X S&P 500 Covered Call & Growth ETF 75.7 60 -52 4.8 -1.4
SPY SPDR S&P 500 ETF Trust 75.1 9 -1 5.1 -1.1
SPLG SPDR Portfolio Large Cap ETF 75.1 3 5 5.1 -1.1
IVV iShares Core S&P 500 ETF 75.1 3 5 5.1 -1.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 74.4 20 -12 5.1 -1.1
VOO VANGUARD S&P 500 ETF 74.3 3 5 5.2 -1.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 74.0 7 1 5.0 -1.2
SPXE ProShares S&P 500 Ex-Energy ETF 73.7 27 -19 5.0 -1.2
PBUS Invesco PureBeta MSCI USA ETF 73.6 4 4 5.0 -1.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 72.9 2 6 5.0 -1.2
VV Vanguard Large-Cap Index Fund 72.1 4 4 5.0 -1.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 72.0 25 -17 6.5 +0.3
SCHX Schwab U.S. Large-Cap ETF 71.8 3 5 4.9 -1.3
SPTM SPDR Portfolio Total Stock Market ETF 71.8 3 5 5.3 -1.0
IWB iShares Russell 1000 ETF 70.9 15 -7 4.8 -1.4
SCHK Schwab 1000 Index ETF 70.8 5 3 5.0 -1.3
PRF Invesco FTSE RAFI US 1000 ETF 70.4 39 -31 6.6 +0.4
IYY iShares Dow Jones U.S. ETF 70.2 20 -12 4.8 -1.4
VONE Vanguard Russell 1000 ETF 69.8 8 0 4.9 -1.3
MGC Vanguard Mega Cap Index Fund 69.6 7 1 4.9 -1.3
SPXN ProShares S&P 500 Ex-Financials ETF 69.4 27 -19 4.7 -1.5
FNDB Schwab Fundamental U.S. Broad Market Index ETF 68.9 25 -17 6.5 +0.3
DIVB iShares U.S. Dividend & Buyback ETF 68.8 25 -17 6.6 +0.4
SPXV ProShares S&P 500 Ex-Health Care ETF 68.7 27 -19 4.8 -1.4
VTHR Vanguard Russell 3000 Index Fund 68.5 10 -2 4.8 -1.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 68.4 20 -12 4.7 -1.5
JHML John Hancock Multifactor Large Cap ETF 68.3 29 -21 5.3 -1.0
IWV iShares Russell 3000 ETF 67.9 20 -12 4.7 -1.5
IWL iShares Russell Top 200 ETF 67.7 15 -7 4.7 -1.5
SCHB Schwab U.S. Broad Market ETF 67.7 3 5 4.9 -1.3
DLN WisdomTree U.S. LargeCap Dividend Fund 67.6 28 -20 6.3 +0.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 67.5 3 5 4.8 -1.4
BKLC BNY Mellon US Large Cap Core Equity ETF 67.3 0 8 4.9 -1.3
DTD WisdomTree U.S.Total Dividend Fund 67.2 28 -20 6.5 +0.3
ESGV Vanguard ESG U.S. Stock ETF 67.2 12 -4 4.9 -1.4
IUS Invesco Strategic US ETF 66.4 19 -11 6.3 +0.1
ESGU iShares MSCI USA ESG Optimized ETF 66.2 15 -7 4.8 -1.4
VTI Vanguard Total Stock Market Index Fund 65.8 3 5 4.8 -1.4
CATH Global X S&P 500 Catholic Values Custom ETF 65.8 29 -21 4.9 -1.3
SFY SoFi Select 500 ETF 64.4 0 8 4.9 -1.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 64.3 9 -1 5.3 -0.9
SNPE Xtrackers S&P 500 ESG ETF 64.1 10 -2 4.8 -1.4
EFIV SPDR S&P 500 ESG ETF 64.0 10 -2 4.9 -1.3
VLU SPDR S&P 1500 Value Tilt ETF 64.0 12 -4 7.1 +0.9
SPXT ProShares S&P 500 Ex-Technology ETF 63.5 27 -19 5.3 -0.9
QUS SPDR MSCI USA StrategicFactors ETF 63.2 15 -7 5.6 -0.6
AVUS Avantis U.S. Equity ETF 61.6 15 -7 5.4 -0.8
RWL Invesco S&P 500 Revenue ETF 60.9 39 -31 7.0 +0.8
OEF iShares S&P 100 ETF 60.7 20 -12 4.6 -1.6
VOOV Vanguard S&P 500 Value ETF 60.0 10 -2 7.1 +0.9
IQSU IQ Candriam ESG US Equity ETF 59.6 9 -1 4.9 -1.4
SCHV Schwab U.S. Large-Cap Value ETF 59.4 4 4 6.6 +0.4
XOUT GraniteShares XOUT U.S. Large Cap ETF 59.3 60 -52 3.9 -2.3
SPYV SPDR Portfolio S&P 500 Value ETF 59.3 4 4 7.1 +0.9
IVE iShares S&P 500 Value ETF 59.2 18 -10 7.0 +0.8
IWD iShares Russell 1000 Value ETF 59.1 19 -11 6.7 +0.5
VONV Vanguard Russell 1000 Value Index Fund 58.9 8 0 6.8 +0.6
ESG FlexShares STOXX US ESG Impact Index Fund 58.7 32 -24 4.9 -1.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 58.5 12 -4 4.5 -1.7
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 58.4 15 -7 6.0 -0.2
IUSV iShares Core S&P U.S. Value ETF 58.3 4 4 7.2 +1.0
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 58.2 25 -17 6.0 -0.2
TOK iShares MSCI Kokusai ETF 57.7 25 -17 5.4 -0.9
KOKU Xtrackers MSCI Kokusai Equity ETF 57.7 9 -1 5.5 -0.7
VTV Vanguard Value Index Fund 56.9 4 4 7.1 +0.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 56.8 30 -22 6.4 +0.2
VOOG Vanguard S&P 500 Growth ETF 55.9 10 -2 4.1 -2.1
SPYG SPDR Portfolio S&P 500 Growth ETF 55.4 4 4 4.2 -2.0
IVW iShares S&P 500 Growth ETF 55.4 18 -10 16.6 +10.4
IUSG iShares Core S&P US Growth ETF 54.7 4 4 4.2 -2.0
DGRO iShares Core Dividend Growth ETF 54.6 8 0 6.5 +0.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 54.3 29 -21 5.8 -0.5
URTH iShares MSCI World ETF 53.9 24 -16 5.4 -0.8
RECS Columbia Research Enhanced Core ETF 53.6 15 -7 5.4 -0.8
NACP Impact Shares NAACP Minority Empowerment ETF 53.1 75 -67 4.6 -1.6
EXT WisdomTree U.S. Total Earnings Fund 52.6 28 -20 5.3 -0.9
AFLG First Trust Active Factor Large Cap ETF 52.3 55 -47 5.2 -1.0
FVAL Fidelity Value Factor ETF 51.9 29 -21 7.5 +1.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 50.9 19 -11 5.8 -0.4
RAFE PIMCO RAFI ESG U.S. ETF 50.6 29 -21 7.4 +1.2
MGV Vanguard Mega Cap Value ETF 49.8 7 1 7.1 +0.9
IWX iShares Russell Top 200 Value ETF 49.5 20 -12 6.6 +0.4
EQWL Invesco Russell Top 200 Equal Weight ETF 49.2 25 -17 6.1 -0.1
XLG Invesco S&P 500 Top 50 ETF 49.1 20 -12 4.3 -1.9
KRMA Global X Conscious Companies ETF 48.8 43 -35 5.0 -1.2
DSI iShares MSCI KLD 400 Social ETF 48.6 25 -17 4.9 -1.3
ACWI iShares MSCI ACWI ETF 48.0 32 -24 5.6 -0.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 47.9 10 -2 5.1 -1.1
SUSL iShares ESG MSCI USA Leaders ETF 47.9 10 -2 5.1 -1.1
QLC FlexShares US Quality Large Cap Index Fund 47.4 32 -24 5.0 -1.2
ROUS Hartford Multifactor US Equity ETF 47.4 19 -11 6.3 +0.1
FDRR Fidelity Dividend ETF for Rising Rates 47.2 29 -21 6.6 +0.4
LOWC SPDR MSCI ACWI Low Carbon Target ETF 47.1 20 -12 5.8 -0.4
VEGN US Vegan Climate ETF 46.9 60 -52 4.9 -1.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 46.8 20 -12 5.8 -0.4
WOMN Impact Shares YWCA Women's Empowerment ETF 46.7 75 -67 4.1 -2.1
RNLC Large Cap US Equity Select ETF 46.3 60 -52 5.9 -0.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 46.1 9 -1 5.7 -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%.

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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 16.1 %
Divided by: Fwd. P/BV 2.6 x
Less: Expense ratio 8 bp
Equals: ALTAR Score 6.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.47 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.