WisdomTree U.S. MidCap Earnings Fund
ALTAR
Score™
8.9% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
21.3x P/Sales
ratio
0.9x
P/BV
ratio
1.5x Div.
yield
2.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree MidCap Earnings Fund seeks to track the price and yield performance of the WisdomTree MidCap Earnings Index, which tracks earnings-generating companies within the mid-capitalization s

FUND BASICS
Category US Equities
Fund Sponsor WisdomTree ETFs/USA
Website www.wisdomtree.com
Inception date Feb 23, 2007
Assets (mns) $640
Currency USD
Expense ratio 38 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Earnings
Index replication Optimized
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 550
Wgt avg mkt cap (mns) $4,675
Large cap (>$10bn) 3.0%
Mid cap ($2-10bn) 88.6%
Small cap (<$2bn) 8.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BRIGHTHOUSE FINANCIAL, INC. 1.1 %
MOLINA HEALTHCARE INC 1.1 %
CABOT OIL & GAS CORP 0.9 %
LEAR CORP 0.7 %
ALBEMARLE CORP 0.7 %
SANTANDER CONSUMER USA HOLDI 0.7 %
MATCH GROUP, INC. 0.6 %
ARROW ELECTRONICS INC 0.6 %
L BRANDS, INC. 0.6 %
STEEL DYNAMICS INC 0.6 %
Total 7.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.5 %










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.
-23.0% -11.8% 1.6% 9.2% 6.8%

Market Correlations
versus... Beta R-squared
S&P500 1.40 90%
MSCI EAFE 1.46 83%
MSCI Emg. Mkts. 1.08 70%

Technical Indicators
Recent close $34.25
30d moving avg. $30.21
Annualized volatility 25.0%
Short interest (ETF) 0.0%
Short interest (Underlying) 6.3%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 99
Turnover 0.5%
Bid/Ask (% of price) 0.14%
ADV underlying (mns) $33,561

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the WisdomTree U.S. MidCap Earnings Fund ETF based on the alternatives' overlap in portfolio holdings with EZM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EZM Expense: 38 bp ALTAR Score™: 8.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EZM
Ticker Fund
Name
Overlap1
vs EZM
(%)
Expense
ratio
(bp)
Savings
vs EZM
(bp)
ALTAR
Score™
(%)
ALTAR
vs EZM
(%)
FNX First Trust Mid Cap Core AlphaDEX Fund 49.1 61 -23 6.4 -2.4
MDY SPDR S&P Midcap 400 ETF Trust 48.6 23 15 6.1 -2.8
SPMD SPDR Portfolio Mid Cap ETF 48.6 5 33 6.3 -2.6
IJH iShares Core S&P Mid-Cap ETF 48.6 6 32 6.2 -2.6
RNMC Mid Cap US Equity Select ETF 48.5 60 -22 7.5 -1.3
EWMC Invesco S&P MidCap 400 Equal Weight ETF 48.1 40 -2 6.5 -2.3
IVOO Vanguard S&P Mid-Cap 400 ETF 48.0 10 28 6.1 -2.8
VBR Vanguard Small Cap Value Index Fund 47.1 7 31 8.1 -0.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 46.9 7 31 5.4 -3.5
VB Vanguard Small-Cap ETF 45.7 5 33 5.3 -3.5
PBSM Invesco PureBeta MSCI USA Small Cap ETF 44.8 6 32 5.0 -3.9
FSMD Fidelity Small-Mid Factor ETF 44.6 29 9 6.8 -2.1
RWK Invesco S&P MidCap 400 Revenue ETF 43.7 39 -1 7.3 -1.6
JHSC John Hancock Multifactor Small Cap ETF 40.5 50 -12 5.7 -3.2
FNK First Trust Mid Cap Value AlphaDEX Fund 40.4 70 -32 10.1 +1.2
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 40.4 20 18 9.2 +0.3
SMDY Syntax Stratified MidCap ETF 39.7 30 8 6.1 -2.8
DON WisdomTree U.S. MidCap Dividend Fund 39.5 38 0 7.4 -1.5
MDYV SPDR S&P 400 Mid Cap Value ETF 39.5 15 23 8.1 -0.8
IJJ iShares S&P Mid-Cap 400 Value ETF 39.4 25 13 8.0 -0.9
IVOV Vanguard S&P Mid-Cap 400 Value ETF 39.1 15 23 8.1 -0.7
SCHA Schwab U.S. Small-Cap ETF 38.7 4 34 4.7 -4.1
SCHM Schwab U.S. Mid-Cap ETF 38.5 4 34 6.2 -2.7
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 38.5 17 21 4.8 -4.1
SFYX Sofi Next 500 ETF 38.2 0 38 5.8 -3.0
AFMC First Trust Active Factor Mid Cap ETF 37.7 65 -27 6.0 -2.9
IUSS Invesco Strategic US Small Company ETF 35.0 23 15 5.8 -3.1
VXF Vanguard Extended Market Index Fund 33.9 7 31 3.8 -5.1
FNDA Schwab Fundamental U.S. Small Co. Index ETF 33.9 25 13 6.2 -2.7
MDYG SPDR S&P 400 Mid Cap Growth ETF 30.2 15 23 4.7 -4.2
IJK iShares S&P Mid-Cap 400 Growth ETF 30.2 24 14 4.6 -4.2
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 29.9 15 23 4.6 -4.3
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 28.3 29 9 6.5 -2.4
JHMM John Hancock Multifactor Mid Cap ETF 26.4 44 -6 5.6 -3.3
NUSC Nuveen ESG Small-Cap ETF 25.8 40 -2 4.9 -4.0
OMFS Oppenheimer Russell 2000 Dynamic Multifactor ETF 25.8 39 -1 6.1 -2.8
VBK Vanguard Small-Cap Growth Index Fund 25.1 7 31 2.5 -6.4
SMMD iShares Russell 2500 ETF 24.8 15 23 5.4 -3.5
FAB First Trust Multi Cap Value AlphaDEX Fund 24.7 71 -33 9.1 +0.2
JKL iShares Morningstar Small Cap Value ETF 24.6 30 8 9.4 +0.5
ONEY SPDR Russell 1000 Yield Focus ETF 24.2 20 18 8.1 -0.8
IWM iShares Russell 2000 ETF 24.0 19 19 3.5 -5.3
ONEO SPDR Russell 1000 Momentum Focus ETF 23.9 20 18 6.4 -2.5
EQAL Invesco Russell 1000 Equal Weight ETF 23.9 20 18 5.0 -3.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 23.8 24 14 5.9 -3.0
VTWO Vanguard Russell 2000 Index Fund 23.7 10 28 3.6 -5.3
ONEV SPDR Russell 1000 Low Volatility Focus ETF 23.4 20 18 6.9 -2.0
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 23.2 24 14 7.5 -1.4
PVAL Principal Contrarian Value Index ETF 23.2 29 9 7.3 -1.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 22.6 20 18 5.9 -2.9
TUSA First Trust Total US Market AlphaDEX ETF 21.6 70 -32 5.9 -3.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 21.6 39 -1 4.3 -4.6
VFLQ Vanguard U.S. Liquidity Factor ETF 21.3 13 25 3.4 -5.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 21.2 29 9 5.8 -3.1
VFVA Vanguard U.S. Value Factor ETF 21.1 13 25 11.4 +2.5
FNY First Trust Mid Cap Growth AlphaDEX Fund 21.0 70 -32 2.1 -6.8
OUSM O'Shares FTSE Russell Small Cap Quality Dividend ETF 20.7 48 -10 6.2 -2.7
JKJ iShares Morningstar Small-Cap ETF 20.4 25 13 6.3 -2.6
IWS iShares Russell Mid-Cap Value ETF 19.9 24 14 7.0 -1.9
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 19.8 17 21 6.4 -2.5
VUSE Vident Core US Equity Fund 19.5 48 -10 7.5 -1.3
VFQY Vanguard U.S. Quality Factor ETF 19.2 13 25 5.9 -3.0
TPLC Timothy Plan US Large Cap Core ETF 19.1 52 -14 5.3 -3.6
VFMF Vanguard U.S. Multifactor ETF 18.6 18 20 7.2 -1.7
PXMV Invesco S&P MidCap Value with Momentum ETF 18.1 39 -1 9.1 +0.2
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 17.6 20 18 5.9 -2.9
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 17.5 35 3 5.7 -3.2
BFOR Barron's 400 ETF 17.5 66 -28 6.2 -2.7
AVUV Avantis U.S. Small Cap Value ETF 17.1 25 13 8.6 -0.3
IWN iShares Russell 2000 Value ETF 16.9 24 14 6.9 -1.9
VTWV Vanguard Russell 2000 Value Index Fund 16.9 15 23 7.0 -1.8
IWR iShares Russell Midcap ETF 16.7 19 19 5.5 -3.3
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 16.6 30 8 5.8 -3.0
JVAL JPMorgan U.S. Value Factor ETF 16.2 12 26 8.6 -0.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 15.7 66 -28 2.5 -6.3
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 15.5 80 -42 5.4 -3.5
USMF WisdomTree U.S. Multifactor Fund 15.4 28 10 6.1 -2.8
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 15.4 30 8 7.4 -1.5
CFA VictoryShares US 500 Volatility Weighted Index ETF 15.1 35 3 5.7 -3.2
VALQ American Century STOXX U.S. Quality Value ETF 15.0 29 9 8.7 -0.2
PSC Principal U.S. Small Cap Index ETF 14.9 38 0 6.9 -2.0
RFV Invesco S&P Midcap 400 Pure Value ETF 14.7 35 3 9.3 +0.4
IWO iShares Russell 2000 Growth ETF 14.4 24 14 0.7 -8.2
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 14.4 35 3 5.1 -3.7
VTWG Vanguard Russell 2000 Growth Index Fund 14.4 15 23 0.8 -8.1
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 14.3 35 3 8.0 -0.8
JHMI John Hancock Multifactor Industrials ETF 14.0 40 -2 5.8 -3.1
FXD First Trust Consumer Discretionary AlphaDEX Fund 13.9 64 -26 8.1 -0.8
PMOM Principal Sustainable Momentum Index ETF 13.8 29 9 8.9 +0.0
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 13.7 35 3 8.1 -0.7
COWZ Pacer US Cash Cows 100 ETF 13.7 49 -11 9.5 +0.6
AFSM First Trust Active Factor Small Cap ETF 13.5 75 -37 5.6 -3.3
ISMD Inspire Small/Mid Cap Impact ETF 13.5 61 -23 6.6 -2.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 13.5 25 13 6.1 -2.8
AUSF Global X Adaptive U.S. Factor ETF 13.4 27 11 7.9 -1.0
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 13.4 60 -22 8.1 -0.8
TPSC Timothy Plan US Small Cap Core ETF 13.2 52 -14 7.5 -1.4
JKI iShares Morningstar Mid-Cap Value ETF 13.1 30 8 9.2 +0.4
PY Principal Shareholder Yield Index ETF 13.1 29 9 9.0 +0.1

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%.

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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. MidCap Earnings Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.2 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 38 bp
Equals: ALTAR Score 8.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.59 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.