WisdomTree India Earnings Fund
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
13.1%
1 yr return
17.3%
3 Yr Avg Return
12.4%
5 Yr Avg Return
15.2%
Net Assets
$3.71 B
Holdings in Top 10
38.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.87%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EPI - Profile
Distributions
- YTD Total Return 13.1%
- 3 Yr Annualized Total Return 12.4%
- 5 Yr Annualized Total Return 15.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.07%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameWisdomTree India Earnings Fund
-
Fund Family NameWisdomTree Trust
-
Inception DateFeb 22, 2008
-
Shares Outstanding22800000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMarlene Walker-Smith
Fund Description
The Fund employs a “passive management” – or indexing – investment approach designed to track the performance of the Index. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole. Under normal circumstances, at least 95% of the Fund’s total assets (exclusive of collateral held from securities lending) will be invested in constituent securities of the Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such constituent securities.
The Index is a fundamentally weighted index that is comprised of companies incorporated and traded in India that are profitable and that are eligible to be purchased by foreign investors. The Index is based on a rules-based methodology overseen and implemented by the WisdomTree India Index Committee. The Index is reconstituted annually. To be eligible for inclusion in the Index, a company must meet the following key criteria prior to the Index’s annual reconstitution: (i) incorporation within India; (ii) listing on a major Indian stock exchange; (iii) earnings of at least $5 million during the preceding 12 months; (iv) market capitalization of at least $200 million; (v) trading of at least 250,000 shares per month for each of the preceding six months; (vi) median daily dollar trading volume of at least $200,000 for each of the preceding six months; and (vii) price to earnings ratio of at least two.
The initial weight of a constituent in the Index is based on reported net income in the most recent 12 months prior to the annual Index reconstitution date. The reported net income number is then multiplied by a second factor, with the product being known as the “Earnings Factor.” Companies are weighted by the proportion of each individual earnings factor relative to the sum of all earnings factors within the WisdomTree India Earnings Index. On the Index’s annual screening date, the Index caps the weight of constituents exposed to any one sector at 25%. The Index also may adjust the weight of individual constituents on the annual screening date based on certain quantitative thresholds or limits tied to key metrics of a constituent security, such as its trading volume. To the extent the Index reduces an individual constituent’s weight, the excess weight will be reallocated pro rata among the other constituents. Similarly, if the Index increases a constituent’s weight, the weight of the other constituents will be reduced on a pro rata basis to contribute the weight needed for such increase. The weight of a sector or individual constituent in the Index may fluctuate above or below specified caps and thresholds between rebalance dates in response to market conditions.
WisdomTree, Inc. (“WisdomTree”), the Index Provider and parent company of WisdomTree Asset Management, Inc. (“WisdomTree Asset Management” or the “Adviser”), currently uses the Global Industry Classification Standard (GICS®), a widely recognized industry classification methodology developed by MSCI, Inc. and Standard & Poor’s Financial Services LLC, to identify the extent of the Index’s exposure to a sector or industry. A GICS sector typically is comprised of multiple industries. Because the Fund seeks to track the Index, it is expected to have the same sector and industry exposure as the Index. While the Index’s and the Fund’s sector exposure may vary from time to time, as of June 30, 2024, the Index, and therefore the Fund, had significant exposure (e.g., approximately 15% or more of the Index’s total weight) to the Financials and Energy Sectors.
To the extent the Index’s constituents are concentrated (i.e., holds more than 25% of constituents) in the securities of companies assigned to a particular industry or group of industries, the Fund will seek to concentrate its investments in such industry or group of industries to approximately the same extent as the Index.
The Fund seeks to gain exposure to Indian equity securities, in whole or in part, through investments in a subsidiary organized in the Republic of Mauritius, the WisdomTree India Investment Portfolio, Inc. (the “WisdomTree Subsidiary”). The WisdomTree Subsidiary is wholly-owned and controlled by the Fund. Except as noted, references to the investment strategies and risks of the Fund include the investment strategies and risks of the WisdomTree Subsidiary.
EPI - Performance
Return Ranking - Trailing
Period | EPI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.1% | -2.5% | 20.7% | 50.00% |
1 Yr | 17.3% | -1.9% | 24.7% | 31.82% |
3 Yr | 12.4%* | -6.9% | 15.9% | 13.64% |
5 Yr | 15.2%* | -4.4% | 19.3% | 9.09% |
10 Yr | 9.3%* | 0.5% | 11.7% | 26.32% |
* Annualized
Return Ranking - Calendar
Period | EPI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 25.8% | 8.3% | 34.8% | 18.18% |
2022 | -10.7% | -36.8% | -8.6% | 22.73% |
2021 | 24.9% | 2.1% | 42.6% | 27.27% |
2020 | 17.4% | -0.5% | 17.9% | 22.73% |
2019 | 0.4% | -22.6% | 13.6% | 59.09% |
Total Return Ranking - Trailing
Period | EPI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.1% | -2.5% | 20.7% | 50.00% |
1 Yr | 17.3% | -1.9% | 24.7% | 31.82% |
3 Yr | 12.4%* | -6.9% | 15.9% | 13.64% |
5 Yr | 15.2%* | -4.4% | 19.3% | 9.09% |
10 Yr | 9.3%* | 0.5% | 11.7% | 26.32% |
* Annualized
Total Return Ranking - Calendar
Period | EPI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 26.0% | 8.3% | 36.1% | 18.18% |
2022 | -4.8% | -30.6% | -3.4% | 9.09% |
2021 | 26.4% | 2.1% | 44.5% | 31.82% |
2020 | 18.6% | -0.3% | 19.6% | 9.09% |
2019 | 1.5% | -21.6% | 13.9% | 63.64% |
EPI - Holdings
Concentration Analysis
EPI | Category Low | Category High | EPI % Rank | |
---|---|---|---|---|
Net Assets | 3.71 B | 161 M | 10.4 B | 9.09% |
Number of Holdings | 476 | 31 | 500 | 9.09% |
Net Assets in Top 10 | 1.59 B | 64.1 M | 4.01 B | 9.09% |
Weighting of Top 10 | 38.61% | 10.2% | 66.0% | 77.27% |
Top 10 Holdings
- Reliance Industries Ltd 7.34%
- HDFC Bank Ltd 5.28%
- ICICI Bank Ltd 5.11%
- Infosys Ltd 4.57%
- Coal India Ltd 3.13%
- Oil Natural Gas Corp Ltd 2.95%
- Tata Consultancy Services Ltd 2.72%
- Mahindra Mahindra Ltd 2.68%
- NTPC Ltd 2.51%
- Power Grid Corp of India Ltd 2.32%
Asset Allocation
Weighting | Return Low | Return High | EPI % Rank | |
---|---|---|---|---|
Stocks | 104.22% | 96.62% | 105.74% | 31.82% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 63.64% |
Other | 0.00% | -0.02% | 0.00% | 59.09% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 63.64% |
Cash | 0.00% | 0.00% | 3.38% | 81.82% |
Bonds | 0.00% | 0.00% | 0.00% | 63.64% |
EPI - Expenses
Operational Fees
EPI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.87% | 0.19% | 2.30% | 72.73% |
Management Fee | 0.83% | 0.19% | 1.25% | 63.64% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.08% | 0.20% | N/A |
Sales Fees
EPI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.25% | 5.50% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
EPI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
EPI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.00% | 10.73% | 67.00% | 35.71% |
EPI - Distributions
Dividend Yield Analysis
EPI | Category Low | Category High | EPI % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 5.79% | 50.00% |
Dividend Distribution Analysis
EPI | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
EPI | Category Low | Category High | EPI % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.07% | -1.69% | 1.15% | 9.09% |
Capital Gain Distribution Analysis
EPI | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 26, 2023 | $0.060 | OrdinaryDividend |
Sep 26, 2022 | $0.000 | OrdinaryDividend |
Jun 24, 2022 | $1.845 | OrdinaryDividend |
Mar 25, 2022 | $0.115 | OrdinaryDividend |
Dec 27, 2021 | $0.192 | OrdinaryDividend |
Sep 24, 2021 | $0.110 | OrdinaryDividend |
Jun 24, 2021 | $0.085 | OrdinaryDividend |
Mar 25, 2021 | $0.043 | OrdinaryDividend |
Dec 21, 2020 | $0.081 | OrdinaryDividend |
Sep 22, 2020 | $0.035 | OrdinaryDividend |
Jun 23, 2020 | $0.094 | OrdinaryDividend |
Mar 24, 2020 | $0.017 | OrdinaryDividend |
Dec 23, 2019 | $0.041 | OrdinaryDividend |
Sep 24, 2019 | $0.130 | OrdinaryDividend |
Mar 26, 2019 | $0.120 | OrdinaryDividend |
Dec 28, 2018 | $0.028 | OrdinaryDividend |
Dec 24, 2018 | $0.008 | OrdinaryDividend |
Sep 25, 2018 | $0.111 | OrdinaryDividend |
Jun 25, 2018 | $0.085 | OrdinaryDividend |
Mar 20, 2018 | $0.061 | OrdinaryDividend |
Dec 26, 2017 | $0.026 | OrdinaryDividend |
Sep 26, 2017 | $0.080 | OrdinaryDividend |
Jun 26, 2017 | $0.055 | OrdinaryDividend |
Mar 27, 2017 | $0.075 | OrdinaryDividend |
Dec 23, 2016 | $0.006 | OrdinaryDividend |
Sep 26, 2016 | $0.070 | OrdinaryDividend |
Jun 20, 2016 | $0.125 | OrdinaryDividend |
Mar 21, 2016 | $0.010 | OrdinaryDividend |
Dec 21, 2015 | $0.024 | OrdinaryDividend |
Sep 21, 2015 | $0.116 | OrdinaryDividend |
Jun 22, 2015 | $0.067 | OrdinaryDividend |
Mar 23, 2015 | $0.031 | OrdinaryDividend |
Sep 22, 2014 | $0.068 | OrdinaryDividend |
Jun 23, 2014 | $0.059 | OrdinaryDividend |
Mar 24, 2014 | $0.099 | OrdinaryDividend |
Sep 23, 2013 | $0.063 | OrdinaryDividend |
Jun 24, 2013 | $0.068 | OrdinaryDividend |
Dec 24, 2012 | $0.024 | OrdinaryDividend |
Sep 24, 2012 | $0.083 | OrdinaryDividend |
Jun 25, 2012 | $0.045 | OrdinaryDividend |
Mar 26, 2012 | $0.010 | OrdinaryDividend |
Sep 26, 2011 | $0.098 | OrdinaryDividend |
Jun 22, 2011 | $0.062 | OrdinaryDividend |
Dec 22, 2010 | $0.013 | OrdinaryDividend |
Sep 20, 2010 | $0.065 | OrdinaryDividend |
Jun 28, 2010 | $0.065 | OrdinaryDividend |
Dec 21, 2009 | $0.006 | OrdinaryDividend |
Sep 21, 2009 | $0.045 | OrdinaryDividend |
Jun 22, 2009 | $0.002 | OrdinaryDividend |
Mar 23, 2009 | $0.007 | OrdinaryDividend |
Dec 22, 2008 | $0.091 | OrdinaryDividend |
EPI - Fund Manager Analysis
Managers
Marlene Walker-Smith
Start Date
Tenure
Tenure Rank
Oct 26, 2020
1.59
1.6%
Marlene is head of equity index portfolio management. She leads the team of equity index portfolio managers managing US and non-US equity index portfolios and is responsible for the refinement and implementation of the entire equity index portfolio management process. Previously, Marlene served as a senior portfolio manager within the equity index team and prior to joining the equity index team was an equity trader for the firm. Prior to joining the firm in 1995, Marlene was a trader for Banc One Investment Advisors Corporation and a brokerage services manager for Mid Atlantic Capital Corporation. Marlene has been in the investment industry since 1990. Marlene earned an MBA in finance from the University of Pittsburgh and a BA in history and Russian from Washington & Jefferson College.
David France
Start Date
Tenure
Tenure Rank
Jun 30, 2021
0.92
0.9%
Mr. France is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2009.
Todd Frysinger
Start Date
Tenure
Tenure Rank
Jun 30, 2021
0.92
0.9%
Mr. Frysinger is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2007.
Vlasta Sheremeta
Start Date
Tenure
Tenure Rank
Jun 30, 2021
0.92
0.9%
Ms. Sheremeta is a vice president and senior portfolio manager at Mellon. She has been employed by Mellon or a predecessor company since 2011.
Michael Stoll
Start Date
Tenure
Tenure Rank
Jun 30, 2021
0.92
0.9%
Mr. Stoll is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2005.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.41 | 21.34 | 9.91 | 11.3 |