WisdomTree International ESG Fund
ALTAR
Score™
6.4% info Recommen-
dation
NEUTRAL
2021E    2022E
P/E
ratio
16.4x P/Sales
ratio
1.4x
P/BV
ratio
1.6x Div.
yield
3.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
RESD seeks to achieve its investment objective by integrating factor-based investing with developed market (ex U.S. and Canada) companies who screen favorably on environmental, social and governance standards.

FUND BASICS
Category International Equities
Fund Sponsor WisdomTree
Website www.wisdomtree.com
Inception date Nov 03, 2016
Assets (mns) $7
Currency USD
Expense ratio 30 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Multi-Factor
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 288
Wgt avg mkt cap (mns) $58,894
Large cap (>$10bn) 83.3%
Mid cap ($2-10bn) 16.7%
Small cap (<$2bn) 0.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NESTLE SA-REG 2.4 %
ASML HOLDING NV 2.0 %
ROCHE HOLDING AG-GENUSSCHEIN 1.8 %
NOVARTIS AG-REG 1.5 %
HONG KONG EXCHANGES & CLEAR 1.2 %
NOVO NORDISK A/S-B 1.2 %
UNILEVER PLC 1.1 %
SONY CORP 1.0 %
SIEMENS AG-REG 1.0 %
L'OREAL 0.9 %
Total 14.2 %

TOP COUNTRY EXPOSURE
JAPAN 28.4 %
BRITAIN 11.7 %
SWITZERLAND 11.1 %
FRANCE 10.0 %
GERMANY 7.5 %
AUSTRALIA 6.9 %
NETHERLANDS 5.0 %
SWEDEN 3.8 %
DENMARK 3.0 %
HONG KONG 2.8 %

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% -- -- -- 12.7%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $28.73
30d moving avg. $29.15
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 10
Turnover 4.0%
Bid/Ask (% of price) 0.12%
ADV underlying (mns) $23,725

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: RESD Expense: 30 bp ALTAR Score™: 6.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH RESD
Ticker Fund
Name
Overlap1
vs RESD
(%)
Expense
ratio
(bp)
Savings
vs RESD
(bp)
ALTAR
Score™
(%)
ALTAR
vs RESD
(%)
DFAI Dimensional International Core Equity Market ETF 74.8 18 12 6.3 -0.2
IQSI IQ Candriam ESG International Equity ETF 46.2 15 15 6.3 -0.2
ESGD iShares MSCI EAFE ESG Optimized ETF 45.9 20 10 6.1 -0.3
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 45.3 20 10 6.2 -0.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 44.7 14 16 6.0 -0.5
QEFA SPDR MSCI EAFE Quality Mix ETF 43.2 30 0 6.0 -0.4
EFA iShares MSCI EAFE ETF 42.0 32 -2 6.2 -0.3
GSID Goldman Sachs MarketBeta International Equity ETF 40.9 20 10 6.2 -0.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 40.7 35 -5 6.0 -0.4
DOL WisdomTree International LargeCap Dividend Fund 40.6 48 -18 7.1 +0.7
DMXF iShares ESG Advanced MSCI EAFE ETF 39.9 12 18 5.9 -0.5
BKIE BNY Mellon International Equity ETF 39.4 4 26 6.5 +0.1
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 39.4 40 -10 7.2 +0.8
JHMD John Hancock Multifactor Developed International ETF 39.4 39 -9 6.4 -0.0
DWM WisdomTree International Equity Fund 39.2 48 -18 7.1 +0.7
IEV iShares Europe ETF 39.0 59 -29 6.1 -0.4
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 38.9 25 5 6.0 -0.4
HFXI IQ 50 Percent Hedged FTSE International ETF 38.8 20 10 6.4 -0.0
BBEU JPMorgan BetaBuilders Europe ETF 38.7 9 21 6.6 +0.2
DBEU Xtrackers MSCI Europe Hedged Equity ETF 38.3 45 -15 6.0 -0.4
PDEV Principal International Multi-Factor Core Index ETF 38.2 25 5 6.9 +0.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 38.0 25 5 6.1 -0.3
FLEE Franklin FTSE Europe ETF 37.4 9 21 6.4 -0.0
FLEH Franklin FTSE Europe Hedged ETF 37.3 9 21 6.4 -0.0
EFG iShares MSCI EAFE Growth ETF 37.0 40 -10 4.0 -2.4
IQLT iShares Edge MSCI Intl Quality Factor ETF 37.0 30 0 5.4 -1.0
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 36.8 7 23 6.4 +0.0
PQIN PGIM QMA Strategic Alpha International Equity ETF 36.1 29 1 7.0 +0.6
IEUR iShares Core MSCI Europe ETF 35.9 9 21 6.4 -0.0
IEFA iShares Core MSCI EAFE ETF 35.8 7 23 6.3 -0.1
SPEU SPDR Portfolio Europe ETF 35.4 9 21 6.5 +0.1
CIL VictoryShares International Volatility Weighted Index ETF 35.3 45 -15 6.3 -0.1
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 35.2 45 -15 6.3 -0.1
VGK Vanguard FTSE Europe ETF 35.1 8 22 6.5 +0.1
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 34.9 35 -5 6.0 -0.5
DWMF WisdomTree International Multifactor Fund 34.8 38 -8 6.2 -0.2
VSGX Vanguard ESG International Stock ETF 34.2 17 13 6.3 -0.2
FDEV Fidelity Targeted International Factor ETF 33.9 39 -9 5.9 -0.5
SCHF Schwab International Equity ETF 33.9 6 24 6.4 +0.0
NUDM Nuveen ESG International Developed Markets Equity ETF 33.2 40 -10 5.7 -0.7
EFV iShares MSCI EAFE Value ETF 33.1 39 -9 8.1 +1.6
RBIN Nationwide Risk-Based International Equity ETF 33.0 42 -12 5.9 -0.5
IDEV iShares Core MSCI International Developed Markets ETF 32.6 5 25 6.3 -0.1
IDHQ Invesco S&P International Developed Quality ETF 32.4 29 1 5.1 -1.3
TPIF Timothy Plan International ETF 32.1 62 -32 5.9 -0.5
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 31.9 16 14 5.9 -0.5
SPDW SPDR Portfolio Developed World ex-US ETF 31.5 4 26 6.1 -0.3
IMTM iShares Edge MSCI Intl Momentum Factor ETF 31.4 30 0 3.9 -2.5
EFAV iShares Edge MSCI Min Vol EAFE ETF 31.1 20 10 5.1 -1.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 31.1 39 -9 5.6 -0.9
VEA Vanguard FTSE Developed Markets ETF 29.8 5 25 6.4 0.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 29.6 45 -15 7.3 +0.9
QINT American Century Quality Diversified International ETF 29.1 39 -9 6.5 +0.0
VWID Virtus WMC International Dividend ETF 27.8 49 -19 7.4 +1.0
IPAC iShares Core MSCI Pacific ETF 27.8 9 21 6.2 -0.3
CWI SPDR MSCI ACWI ex-US ETF 27.7 30 0 6.1 -0.3
ISZE iShares Edge MSCI Intl Size Factor ETF 27.4 30 0 6.1 -0.4
IDLV Invesco S&P International Developed Low Volatility ETF 26.6 25 5 6.2 -0.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 26.4 32 -2 6.0 -0.4
JPIN JPMorgan Diversified Return International Equity ETF 26.4 37 -7 6.9 +0.5
FNDF Schwab Fundamental International Large Co. Index ETF 26.3 25 5 7.5 +1.1
ACWX iShares MSCI ACWI ex U.S. ETF 26.2 32 -2 6.2 -0.2
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 26.0 24 6 6.6 +0.2
VPL Vanguard FTSE Pacific ETF 25.7 8 22 6.3 -0.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 25.5 40 -10 6.1 -0.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 25.4 29 1 7.2 +0.8
RFDI First Trust Riverfront Dynamic Developed International ETF 25.3 83 -53 5.4 -1.1
EUDG WisdomTree Europe Quality Dividend Growth Fund 25.1 58 -28 6.5 +0.1
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 25.1 61 -31 4.1 -2.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 25.1 80 -50 6.0 -0.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 25.0 25 5 6.3 -0.2
VEU Vanguard FTSE All-World ex-US Index Fund 24.9 8 22 6.6 +0.1
EZU iShares MSCI Eurozone ETF 24.7 51 -21 5.9 -0.6
IQIN IQ 500 International ETF 24.7 25 5 7.3 +0.8
FIVA Fidelity International Value Factor ETF 24.2 39 -9 8.4 +2.0
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 24.1 45 -15 5.9 -0.5
EURZ Xtrackers Eurozone Equity ETF 24.1 9 21 6.3 -0.1
EWJ iShares MSCI Japan ETF 24.0 51 -21 6.0 -0.4
BBJP JPMorgan BetaBuilders Japan ETF 23.9 19 11 6.3 -0.1
IDMO Invesco S&P International Developed Momentum ETF 23.8 26 4 3.7 -2.7
ZJPN SPDR Solactive Japan ETF 23.6 14 16 6.5 +0.0
RNDM First Trust Developed International Equity Select ETF 23.5 65 -35 5.6 -0.8
FLJP Franklin FTSE Japan ETF 23.5 9 21 6.5 +0.1
DBJP Xtrackers MSCI Japan Hedged Equity ETF 23.4 45 -15 6.0 -0.4
UIVM VictoryShares USAA MSCI International Value Momentum ETF 23.3 35 -5 7.7 +1.3
FLJH Franklin FTSE Japan Hedged ETF 23.3 9 21 6.4 +0.0
IVLU iShares Edge MSCI Intl Value Factor ETF 23.2 30 0 9.6 +3.2
DTH WisdomTree International High Dividend Fund 23.2 58 -28 8.4 +2.0
JPXN iShares JPX-Nikkei 400 ETF 23.2 48 -18 6.1 -0.3
IQDG WisdomTree International Quality Dividend Growth Fund 23.0 42 -12 6.0 -0.4
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 22.9 9 21 6.4 +0.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 22.7 58 -28 5.9 -0.6
IXUS ishares Core MSCI Total International Stock ETF 22.6 9 21 6.3 -0.1
AVDE Avantis International Equity ETF 22.4 23 7 6.7 +0.2
EWJE iShares MSCI Japan Equal Weighted ETF 22.2 15 15 6.2 -0.2
OEUR O'shares FTSE Europe Quality Dividend ETF 21.8 48 -18 5.2 -1.2
IDLB Invesco FTSE International Low Beta Equal Weight ETF 21.7 45 -15 6.1 -0.4

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 International ESG 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 10.9 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 30 bp
Equals: ALTAR Score 6.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.57 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.