WisdomTree U.S. Total Earnings Fund
ALTAR
Score™
6.7% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
15.4x P/Sales
ratio
1.6x
P/BV
ratio
2.3x Div.
yield
2.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree Total Earnings Fund seeks to track the price and yield information of the WisdomTree Earnings Index, which tracks earnings-generating companies within the broad U.S. stock market.

FUND BASICS
Category US Equities
Fund Sponsor WisdomTree ETFs/USA
Website www.wisdomtree.com
Inception date Feb 23, 2007
Assets (mns) $100
Currency USD
Expense ratio 28 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 1242
Wgt avg mkt cap (mns) $250,279
Large cap (>$10bn) 85.8%
Mid cap ($2-10bn) 10.6%
Small cap (<$2bn) 3.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 4.1 %
MICROSOFT CORP 3.1 %
ALPHABET INC. CLASS A 2.4 %
JPMORGAN CHASE & CO 2.2 %
BANK OF AMERICA CORP 1.8 %
FACEBOOK 1.5 %
INTEL CORP 1.3 %
VERIZON COMMUNICATIONS INC 1.3 %
CITIGROUP INC 1.3 %
JOHNSON & JOHNSON 1.2 %
Total 20.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.7 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-1.9% 18.6% 11.1% 13.1% 8.6%

Market Correlations
versus... Beta R-squared
S&P500 1.05 95%
MSCI EAFE 0.95 65%
MSCI Emg. Mkts. 0.64 51%

Technical Indicators
Recent close $37.68
30d moving avg. $37.25
Annualized volatility 13.0%
Short interest (ETF) 2.0%
Short interest (Underlying) 2.7%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 8
Turnover 0.3%
Bid/Ask (% of price) 0.27%
ADV underlying (mns) $163,055

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the WisdomTree U.S. Total Earnings Fund ETF based on the alternatives' overlap in portfolio holdings with EXT. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EXT Expense: 28 bp ALTAR Score™: 6.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EXT
Ticker Fund
Name
Overlap1
vs EXT
(%)
Expense
ratio
(bp)
Savings
vs EXT
(bp)
ALTAR
Score™
(%)
ALTAR
vs EXT
(%)
EPS WisdomTree Earnings 500 84.1 8 20 6.7 -0.1
PRF Invesco FTSE-RAFI U.S. 1000 72.1 39 -11 6.3 -0.4
SPTM SPDR Portfolio Total Stock Market 71.1 3 25 5.6 -1.1
FNDB Schwab Fundamental Broad Mkt 70.9 25 3 5.6 -1.2
IYY iShares DJ US Total Market 70.6 20 8 5.3 -1.4
SCHK Schwab 1000 Index 70.4 5 23 5.5 -1.3
SCHB Schwab U.S. Broad Market 70.3 3 25 5.4 -1.4
IWV iShares Russell 3000 70.3 20 8 5.2 -1.6
IWB iShares Russell 1000 70.2 15 13 5.4 -1.4
PBP Invesco S&P 500 Buy/Write 70.0 49 -21 5.2 -1.5
ITOT iShares Core S&P Total US 70.0 3 25 5.3 -1.4
VLU SPDR S&P 1500 Value Tilt 70.0 12 16 7.1 +0.3
SCHX Schwab U.S. Large-Cap 70.0 3 25 5.5 -1.3
FNDX Schwab Fundamental Large Cap 69.9 25 3 5.5 -1.2
VONE Vanguard Russell 1000 69.9 8 20 5.4 -1.3
VTHR Vanguard Russell 3000 69.8 10 18 5.3 -1.5
PBUS Invesco PureBeta MSCI USA 69.7 4 24 5.6 -1.1
SPLG SPDR Portfolio Large Cap 69.5 3 25 5.6 -1.1
SPY S&P 500 SPDR 69.5 9 19 5.6 -1.2
IVV iShares Core S&P 500 69.4 4 24 5.6 -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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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. Total Earnings 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 16.2 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 28 bp
Equals: ALTAR Score 6.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.53 CATEGORY
AVERAGE
1.56
 
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.