WisdomTree U.S. Quality Shareholder Yield
ALTAR
Score™
7.0% info Recommen-
dation
OVERWEIGHT
2019E    2020E
P/E
ratio
14.4x P/Sales
ratio
1.6x
P/BV
ratio
3.1x Div.
yield
2.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The WisdomTree U.S. Quality Shareholder Yield Fund seeks income and capital appreciation by investing primarily in U.S. equity securities that provide a high total shareholder yield with favorable relative quality characteristics.

FUND BASICS
Category US Equities
Fund Sponsor WisdomTree ETFs/USA
Website www.wisdomtree.com
Inception date Feb 23, 2007
Assets (mns) $51
Currency USD
Expense ratio 38 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 139
Wgt avg mkt cap (mns) $67,222
Large cap (>$10bn) 68.1%
Mid cap ($2-10bn) 31.9%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
GENTEX CORP 2.3 %
AMGEN INC 2.2 %
ORACLE CORP 2.1 %
DISCOVER FINANCIAL SERVICES 2.1 %
PHILLIPS 66 2.1 %
CDK GLOBAL INC 2.0 %
HYATT HOTELS CORP - CL A 2.0 %
LAM RESEARCH CORP 1.9 %
CITRIX SYSTEMS INC 1.7 %
CISCO SYSTEMS INC 1.7 %
Total 20.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.9 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
22.0% 12.7% 9.2% 12.1% 6.8%

Market Correlations
versus... Beta R-squared
S&P500 1.15 93%
MSCI EAFE 0.99 58%
MSCI Emg. Mkts. 0.66 42%

Technical Indicators
Recent close $92.56
30d moving avg. $88.90
Annualized volatility 14.4%
Short interest (ETF) 4.3%
Short interest (Underlying) 3.1%
Relative strength (RSI) 79

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.6%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $39,581

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: QSY Expense: 38 bp ALTAR Score™: 7.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH QSY
Ticker Fund
Name
Overlap1
vs QSY
(%)
Expense
ratio
(bp)
Savings
vs QSY
(bp)
ALTAR
Score™
(%)
ALTAR
vs QSY
(%)
LSAF LeaderShares AlphaFactor US Core Equity 32.0 75 -37 6.6 -0.4
USMF WisdomTree U.S. Multifactor Fund 30.8 28 10 7.0 +0.0
QLC FlexShares US Quality Large Cap 30.1 32 6 6.6 -0.4
SPYB SPDR S&P 500 Buyback 29.6 35 3 7.4 +0.4
PY Principal Shareholder Yield 29.4 29 9 8.0 +1.0
DIVB iShares U.S. Dividend & Buyback 28.8 25 13 6.7 -0.3
PKW Invesco Buyback Acheivevers 27.8 62 -24 6.0 -1.0
COWZ Pacer US Cash Cows 100 27.4 49 -11 9.9 +2.9
QDYN FlexShares Quality Dividend Dynamic 27.1 37 1 6.8 -0.2
FLQL Franklin LibertyQ U.S. Equity 26.7 15 23 6.9 -0.1
JPUS JPMorgan Diversified Return U.S. Equity 26.5 19 19 6.3 -0.6
QARP Xtrackers Russell 1000 US QARP 26.0 19 19 6.5 -0.5
QDF FlexShares Quality Dividend 25.7 37 1 7.0 0.0
ONEV SPDR Russell 1000 Low Volatility Focus 25.7 20 18 7.0 +0.0
JQUA JPMorgan U.S. Quality Factor 25.7 12 26 5.8 -1.1
ONEO SPDR Russell 1000 Momentum Focus 25.0 20 18 6.5 -0.5
ONEY SPDR Russell 1000 Yield Focus 24.8 20 18 8.3 +1.4
RNLC Large Cap US Equity Select 24.5 60 -22 6.4 -0.6
DEUS Xtrackers Russell 1000 Comprehensive Factor 24.4 17 21 6.4 -0.6
ROUS Lattice U.S. Equity Strategy ETF 24.3 19 19 6.4 -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%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2014 2015 2016 2017 2018 2019E 2020E
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
  2018 2019E 2020E
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. Quality Shareholder Yield
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 20.0 %
Divided by: Fwd. P/BV 2.7 x
Less: Expense ratio 38 bp
Equals: ALTAR Score 7.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

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