WisdomTree Europe Quality Dividend Growth Fund
ALTAR
Score™
6.6% info Recommen-
dation
NEUTRAL
2021E    2022E
P/E
ratio
15.6x P/Sales
ratio
1.6x
P/BV
ratio
2.3x Div.
yield
3.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree Europe Dividend Growth Fund is an exchange-traded fund incorporated in the USA. The Fund seeks to provide exposure to European listed, dividend-paying companies with growth characteristics.

FUND BASICS
Category International Equities
Fund Sponsor WisdomTree Asset Management
Website www.wisdomtree.com
Inception date May 07, 2014
Assets (mns) $46
Currency USD
Expense ratio 58 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian Bank of New York Mellon
Weighting Dividend
Index replication Optimized
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 211
Wgt avg mkt cap (mns) $96,263
Large cap (>$10bn) 86.6%
Mid cap ($2-10bn) 9.7%
Small cap (<$2bn) 1.2%
Developed mkts 98.3%
Emerging mkts 0.1%

TOP TEN HOLDINGS
RIO TINTO PLC 5.3 %
BRITISH AMERICAN TOBACCO PLC 4.3 %
ROCHE HOLDING AG-GENUSSCHEIN 4.2 %
NESTLE SA-REG 3.7 %
SIEMENS AG-REG 3.6 %
GLAXOSMITHKLINE PLC 3.5 %
SANOFI-AVENTIS 3.0 %
DEUTSCHE TELEKOM AG 2.8 %
BHP BILLITON PLC 2.8 %
LVMH MOET HENNESSY LOUIS VUI 2.8 %
Total 35.9 %

TOP COUNTRY EXPOSURE
BRITAIN 25.3 %
FRANCE 15.9 %
GERMANY 15.9 %
SWITZERLAND 13.3 %
NETHERLANDS 5.5 %
SPAIN 5.3 %
DENMARK 4.3 %
SWEDEN 2.8 %
ITALY 2.8 %
FINLAND 2.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
0.0% 24.7% 10.1% -- 4.8%

Market Correlations
versus... Beta R-squared
S&P500 0.83 80%
MSCI EAFE 0.89 91%
MSCI Emg. Mkts. 0.69 68%

Technical Indicators
Recent close $30.38
30d moving avg. $31.02
Annualized volatility 17.1%
Short interest (ETF) 0.5%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 8
Turnover 0.5%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $12,155

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 97 potential alternatives to the WisdomTree Europe Quality Dividend Growth Fund ETF based on the alternatives' overlap in portfolio holdings with EUDG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EUDG Expense: 58 bp ALTAR Score™: 6.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EUDG
Ticker Fund
Name
Overlap1
vs EUDG
(%)
Expense
ratio
(bp)
Savings
vs EUDG
(bp)
ALTAR
Score™
(%)
ALTAR
vs EUDG
(%)
DFAI Dimensional International Core Equity Market ETF 62.1 18 40 6.3 -0.2
OEUR O'shares FTSE Europe Quality Dividend ETF 45.1 48 10 5.2 -1.3
IQDG WisdomTree International Quality Dividend Growth Fund 39.7 42 16 6.1 -0.5
IEV iShares Europe ETF 39.5 59 -1 6.1 -0.4
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 39.5 58 0 5.9 -0.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 39.1 25 33 6.1 -0.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 38.4 45 13 6.1 -0.5
FLEE Franklin FTSE Europe ETF 38.4 9 49 6.5 -0.1
BBEU JPMorgan BetaBuilders Europe ETF 38.3 9 49 6.7 +0.1
FLEH Franklin FTSE Europe Hedged ETF 38.3 9 49 6.5 -0.1
SPEU SPDR Portfolio Europe ETF 36.3 9 49 6.6 0.0
IEUR iShares Core MSCI Europe ETF 36.0 9 49 6.5 -0.1
IQLT iShares Edge MSCI Intl Quality Factor ETF 35.1 30 28 5.4 -1.1
DOL WisdomTree International LargeCap Dividend Fund 35.0 48 10 7.2 +0.6
VGK Vanguard FTSE Europe ETF 34.8 8 50 6.6 +0.0
HEDJ WisdomTree Europe Hedged Equity Fund 33.7 58 0 5.9 -0.6
EURZ Xtrackers Eurozone Equity ETF 32.8 9 49 6.4 -0.2
RFEU First Trust Riverfront Dynamic Europe ETF 32.8 83 -25 5.3 -1.3
EZU iShares MSCI Eurozone ETF 32.5 51 7 5.9 -0.6
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 31.8 45 13 6.0 -0.6
DWM WisdomTree International Equity Fund 30.7 48 10 7.2 +0.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 30.3 40 18 7.3 +0.7
EFG iShares MSCI EAFE Growth ETF 29.9 40 18 4.0 -2.6
QEFA SPDR MSCI EAFE Quality Mix ETF 29.5 30 28 6.1 -0.5
FEZ SPDR EURO STOXX 50 ETF 29.5 29 29 6.1 -0.5
IQSI IQ Candriam ESG International Equity ETF 27.9 15 43 6.3 -0.2
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 27.0 20 38 6.3 -0.3
ESGD iShares MSCI EAFE ESG Optimized ETF 25.8 20 38 6.2 -0.4
IDHQ Invesco S&P International Developed Quality ETF 25.8 29 29 5.2 -1.4
EFA iShares MSCI EAFE ETF 25.5 32 26 6.2 -0.3
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 25.4 14 44 6.0 -0.6
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 25.3 20 38 8.6 +2.0
RESD WisdomTree International ESG Fund 25.1 30 28 6.5 -0.1
IGRO iShares International Dividend Growth ETF 25.0 15 43 7.1 +0.6
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 24.9 32 26 6.0 -0.6
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 24.9 35 23 6.1 -0.5
GSID Goldman Sachs MarketBeta International Equity ETF 24.8 20 38 6.3 -0.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 24.6 25 33 6.1 -0.4
RFDI First Trust Riverfront Dynamic Developed International ETF 24.2 83 -25 5.4 -1.2
JHMD John Hancock Multifactor Developed International ETF 23.8 39 19 6.4 -0.1
BKIE BNY Mellon International Equity ETF 23.3 4 54 6.6 +0.0
HFXI IQ 50 Percent Hedged FTSE International ETF 23.2 20 38 6.5 -0.1
PDEV Principal International Multi-Factor Core Index ETF 23.2 25 33 6.9 +0.4
NUDM Nuveen ESG International Developed Markets Equity ETF 23.2 40 18 5.8 -0.8
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 22.9 7 51 6.5 -0.1
IEFA iShares Core MSCI EAFE ETF 22.8 7 51 6.4 -0.2
FDEV Fidelity Targeted International Factor ETF 22.5 39 19 5.9 -0.6
IMTM iShares Edge MSCI Intl Momentum Factor ETF 22.4 30 28 3.9 -2.7
VIGI Vanguard International Dividend Appreciation ETF 22.4 20 38 4.9 -1.7
DTH WisdomTree International High Dividend Fund 21.4 58 0 8.5 +2.0
EFAV iShares Edge MSCI Min Vol EAFE ETF 21.3 20 38 5.1 -1.4
SCHF Schwab International Equity ETF 21.3 6 52 6.5 -0.1
EWU iShares MSCI United Kingdom ETF 21.1 51 7 6.8 +0.2
FLGB Franklin FTSE United Kingdom ETF 21.0 9 49 7.1 +0.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 20.9 39 19 5.6 -1.0
ZGBR SPDR Solactive United Kingdom ETF 20.5 14 44 7.1 +0.5
RBIN Nationwide Risk-Based International Equity ETF 20.5 42 16 5.9 -0.7
IDEV iShares Core MSCI International Developed Markets ETF 20.4 5 53 6.4 -0.2
IDMO Invesco S&P International Developed Momentum ETF 20.4 26 32 3.7 -2.9
DMXF iShares ESG Advanced MSCI EAFE ETF 20.2 12 46 5.9 -0.6
CIL VictoryShares International Volatility Weighted Index ETF 20.1 45 13 6.3 -0.2
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 20.1 45 13 6.4 -0.2
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 19.2 35 23 6.0 -0.5
FIVA Fidelity International Value Factor ETF 19.2 39 19 8.6 +2.0
RNDM First Trust Developed International Equity Select ETF 19.1 65 -7 5.7 -0.9
SPDW SPDR Portfolio Developed World ex-US ETF 18.9 4 54 6.2 -0.4
LVHI Legg Mason International Low Volatility High Dividend ETF 18.6 40 18 9.0 +2.5
VEA Vanguard FTSE Developed Markets ETF 18.5 5 53 6.5 -0.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 18.2 80 -22 5.9 -0.6
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 18.0 20 38 9.5 +3.0
EFV iShares MSCI EAFE Value ETF 17.6 39 19 8.2 +1.7
EUDV ProShares MSCI Europe Dividend Growers ETF 17.4 56 2 5.1 -1.4
CWI SPDR MSCI ACWI ex-US ETF 17.0 30 28 6.2 -0.4
VSGX Vanguard ESG International Stock ETF 16.9 17 41 6.3 -0.2
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 16.7 16 42 5.9 -0.6
INTF iShares Edge MSCI Multifactor Intl ETF 16.6 30 28 7.5 +1.0
QINT American Century Quality Diversified International ETF 16.6 39 19 6.5 -0.0
VWID Virtus WMC International Dividend ETF 16.3 49 9 7.5 +0.9
IQDF FlexShares International Quality Dividend Index Fund 16.3 47 11 8.3 +1.7
TPIF Timothy Plan International ETF 16.3 62 -4 6.0 -0.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 16.2 58 0 5.0 -1.6
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 16.2 61 -3 4.2 -2.4
IQDE FlexShares International Quality Dividend Defensive Index ET 16.2 47 11 8.2 +1.7
PQIN PGIM QMA Strategic Alpha International Equity ETF 16.1 29 29 7.1 +0.5
ACWX iShares MSCI ACWI ex U.S. ETF 16.0 32 26 6.3 -0.2
FLFR Franklin FTSE France ETF 15.9 9 49 5.9 -0.7
DOO WisdomTree International Dividend ex-Financials Fund 15.8 58 0 7.6 +1.1
EWQ iShares MSCI France ETF 15.8 51 7 5.5 -1.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 15.7 40 18 6.1 -0.4
DXGE WisdomTree Germany Hedged Equity Fund 15.5 48 10 8.0 +1.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 15.3 45 13 7.5 +0.9
JIG JPMorgan International Growth ETF 15.2 55 3 2.6 -3.9
VEU Vanguard FTSE All-World ex-US Index Fund 15.1 8 50 6.6 +0.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 15.1 29 29 7.3 +0.7
IQIN IQ 500 International ETF 14.9 25 33 7.4 +0.8
FLGR Franklin FTSE Germany ETF 14.8 9 49 7.0 +0.4
EWG iShares MSCI Germany ETF 14.6 51 7 6.5 -0.0

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
WisdomTree Europe Quality Dividend Growth 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 16.0 %
Divided by: Fwd. P/BV 2.2 x
Less: Expense ratio 58 bp
Equals: ALTAR Score 6.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.55 CATEGORY
AVERAGE
1.54
 
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.