WisdomTree U.S. Earnings 500 Fund
ALTAR
Score™
6.4% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
21.9x P/Sales
ratio
1.9x
P/BV
ratio
2.6x Div.
yield
2.3%


  • 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) $388
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 499
Wgt avg mkt cap (mns) $300,818
Large cap (>$10bn) 96.9%
Mid cap ($2-10bn) 3.1%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 5.2 %
MICROSOFT CORP 4.1 %
ALPHABET INC. CLASS A 3.1 %
JPMORGAN CHASE & CO 2.1 %
FACEBOOK 2.0 %
INTEL CORP 1.8 %
VERIZON COMMUNICATIONS INC 1.7 %
BANK OF AMERICA CORP 1.6 %
JOHNSON & JOHNSON 1.6 %
WAL-MART STORES INC 1.4 %
Total 24.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.2 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-9.6% 9.7% 8.3% 12.2% 7.6%

Market Correlations
versus... Beta R-squared
S&P500 1.04 98%
MSCI EAFE 1.05 85%
MSCI Emg. Mkts. 0.78 72%

Technical Indicators
Recent close $34.07
30d moving avg. $31.70
Annualized volatility 17.8%
Short interest (ETF) 0.0%
Short interest (Underlying) 2.3%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 52
Turnover 0.5%
Bid/Ask (% of price) 0.08%
ADV underlying (mns) $235,856

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™: 6.4%


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 78.3 49 -41 5.1 -1.3
HSPX Global X S&P 500 Covered Call ETF 77.3 65 -57 4.9 -1.5
SPLG SPDR Portfolio Large Cap ETF 75.4 3 5 5.5 -0.9
IVV iShares Core S&P 500 ETF 75.3 4 4 5.5 -0.9
SPY SPDR S&P 500 ETF Trust 75.3 9 -1 5.4 -1.0
PBUS Invesco PureBeta MSCI USA ETF 75.0 4 4 5.3 -1.1
VOO VANGUARD S&P 500 ETF 75.0 3 5 5.5 -0.9
VV Vanguard Large-Cap Index Fund 74.4 4 4 5.3 -1.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 74.1 20 -12 5.5 -0.9
SPXE ProShares S&P 500 Ex-Energy ETF 73.8 27 -19 5.4 -1.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 73.8 2 6 5.4 -1.0
SCHX Schwab U.S. Large-Cap ETF 73.5 3 5 5.4 -1.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 73.2 25 -17 6.4 +0.0
IWB iShares Russell 1000 ETF 72.4 15 -7 5.2 -1.2
SPTM SPDR Portfolio Total Stock Market ETF 72.3 3 5 5.6 -0.8
SCHK Schwab 1000 Index ETF 71.9 5 3 5.3 -1.1
VONE Vanguard Russell 1000 ETF 71.9 8 0 5.3 -1.1
IYY iShares Dow Jones U.S. ETF 71.4 20 -12 5.2 -1.2
MGC Vanguard Mega Cap Index Fund 71.0 7 1 5.3 -1.1
IUS Invesco Strategic US ETF 71.0 19 -11 6.2 -0.2
FNDB Schwab Fundamental U.S. Broad Market Index ETF 71.0 25 -17 6.4 +0.0
PRF Invesco FTSE RAFI US 1000 ETF 70.6 39 -31 6.6 +0.2
SCHB Schwab U.S. Broad Market ETF 69.5 3 5 5.3 -1.1
IWV iShares Russell 3000 ETF 69.5 20 -12 5.1 -1.3
DIVB iShares U.S. Dividend & Buyback ETF 69.4 25 -17 6.3 -0.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 69.4 3 5 5.2 -1.2
VTI Vanguard Total Stock Market Index Fund 69.4 3 5 5.2 -1.2
SPXN ProShares S&P 500 Ex-Financials ETF 69.3 27 -19 5.1 -1.3
VTHR Vanguard Russell 3000 Index Fund 69.1 10 -2 5.2 -1.2
JHML John Hancock Multifactor Large Cap ETF 68.9 34 -26 5.5 -0.9
IWL iShares Russell Top 200 ETF 68.7 15 -7 5.1 -1.2
SPXV ProShares S&P 500 Ex-Health Care ETF 68.4 27 -19 5.1 -1.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 68.1 20 -12 5.0 -1.4
DLN WisdomTree U.S. LargeCap Dividend Fund 67.8 28 -20 6.3 -0.1
DTD WisdomTree U.S.Total Dividend Fund 67.2 28 -20 6.5 +0.1
CATH Global X S&P 500 Catholic Values Custom ETF 65.8 29 -21 5.3 -1.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 65.1 9 -1 5.6 -0.8
SFY SoFi Select 500 ETF 65.0 0 8 5.3 -1.1
SPXT ProShares S&P 500 Ex-Technology ETF 64.9 27 -19 5.6 -0.8
SNPE Xtrackers S&P 500 ESG ETF 64.7 11 -3 5.2 -1.2
VLU SPDR S&P 1500 Value Tilt ETF 64.3 12 -4 7.1 +0.8
ESGV Vanguard ESG U.S. Stock ETF 63.7 12 -4 5.3 -1.1
AVUS Avantis U.S. Equity ETF 62.8 15 -7 5.7 -0.7
RWL Invesco S&P 500 Revenue ETF 62.5 39 -31 6.7 +0.3
QUS SPDR MSCI USA StrategicFactors ETF 62.1 15 -7 5.8 -0.6
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 61.8 25 -17 6.1 -0.3
ESGU iShares MSCI USA ESG Optimized ETF 61.7 15 -7 5.1 -1.3
SPYV SPDR Portfolio S&P 500 Value ETF 61.0 4 4 7.2 +0.8
IVE iShares S&P 500 Value ETF 61.0 18 -10 7.0 +0.6
OEF iShares S&P 100 ETF 60.9 20 -12 4.9 -1.5
VOOV Vanguard S&P 500 Value ETF 60.7 15 -7 7.1 +0.7
IUSV iShares Core S&P U.S. Value ETF 60.1 4 4 7.2 +0.9
IQSU IQ Candriam ESG US Equity ETF 59.1 9 -1 5.3 -1.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 59.0 12 -4 5.1 -1.3
DGRO iShares Core Dividend Growth ETF 58.6 8 0 6.4 0.0
DYNF BlackRock U.S. Equity Factor Rotation ETF 58.3 30 -22 6.6 +0.3
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 58.1 15 -7 6.2 -0.1
TOK iShares MSCI Kokusai ETF 58.1 25 -17 5.7 -0.7
EXT WisdomTree U.S. Total Earnings Fund 57.4 28 -20 5.7 -0.6
VTV Vanguard Value Index Fund 56.4 4 4 7.1 +0.8
RECS Columbia Research Enhanced Core ETF 55.8 15 -7 5.6 -0.7
ESG FlexShares STOXX US ESG Impact Index Fund 55.0 32 -24 5.2 -1.2
IWD iShares Russell 1000 Value ETF 54.9 19 -11 6.9 +0.5
SCHV Schwab U.S. Large-Cap Value ETF 54.6 4 4 6.9 +0.5
VONV Vanguard Russell 1000 Value Index Fund 54.4 8 0 7.0 +0.6
URTH iShares MSCI World ETF 54.3 24 -16 5.8 -0.6
XOUT GraniteShares XOUT U.S. Large Cap ETF 54.3 60 -52 4.6 -1.8
SPYG SPDR Portfolio S&P 500 Growth ETF 54.1 4 4 4.5 -1.9
IVW iShares S&P 500 Growth ETF 54.0 18 -10 4.3 -2.1
VOOG Vanguard S&P 500 Growth ETF 54.0 10 -2 4.4 -2.0
NACP Impact Shares NAACP Minority Empowerment ETF 53.6 75 -67 4.5 -1.9
IUSG iShares Core S&P US Growth ETF 53.4 4 4 4.5 -1.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 52.7 29 -21 6.1 -0.3
AFLG First Trust Active Factor Large Cap ETF 50.4 55 -47 5.6 -0.8
FVAL Fidelity Value Factor ETF 50.3 29 -21 8.0 +1.6
MGV Vanguard Mega Cap Value ETF 50.2 7 1 7.0 +0.6
EQWL Invesco Russell Top 200 Equal Weight ETF 50.1 25 -17 5.9 -0.5
XLG Invesco S&P 500 Top 50 ETF 50.1 20 -12 4.7 -1.7
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 49.7 29 -21 4.3 -2.0
VEGN US Vegan Climate ETF 49.4 60 -52 5.3 -1.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 49.3 19 -11 5.6 -0.8
IWF iShares Russell 1000 Growth ETF 49.0 19 -11 4.3 -2.1
VONG Vanguard Russell 1000 Growth Index Fund 49.0 8 0 4.4 -1.9
RAFE PIMCO RAFI ESG U.S. ETF 49.0 29 -21 7.5 +1.1
DSI iShares MSCI KLD 400 Social ETF 48.9 25 -17 5.2 -1.1
ACWI iShares MSCI ACWI ETF 48.9 32 -24 6.0 -0.4
FDRR Fidelity Dividend ETF for Rising Rates 47.9 29 -21 6.9 +0.5
ROUS Hartford Multifactor US Equity ETF 47.5 19 -11 7.1 +0.7
WOMN Impact Shares YWCA Women's Empowerment ETF 47.3 75 -67 4.5 -1.8
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 47.2 10 -2 5.4 -1.0
SUSL iShares ESG MSCI USA Leaders ETF 47.2 10 -2 5.4 -1.0
USDY Pacific Global US Equity Income ETF 47.2 29 -21 7.5 +1.1
KRMA Global X Conscious Companies ETF 46.9 43 -35 5.2 -1.2
JQUA JPMorgan U.S. Quality Factor ETF 46.9 12 -4 5.2 -1.2
LOWC SPDR MSCI ACWI Low Carbon Target ETF 46.8 20 -12 6.4 0.0
FQAL Fidelity Quality Factor ETF 46.7 29 -21 5.4 -1.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 46.6 20 -12 6.3 -0.1
QWLD SPDR MSCI World StrategicFactors ETF 46.3 30 -22 6.0 -0.3
IWX iShares Russell Top 200 Value ETF 46.3 20 -12 6.9 +0.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 46.2 9 -1 5.8 -0.6

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 16.0 %
Divided by: Fwd. P/BV 2.5 x
Less: Expense ratio 8 bp
Equals: ALTAR Score 6.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.48 CATEGORY
AVERAGE
1.53
 
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.