WisdomTree Global ex-U.S. Quality Dividend Growth Fund
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.9%
1 yr return
13.2%
3 Yr Avg Return
-1.6%
5 Yr Avg Return
6.5%
Net Assets
$641 M
Holdings in Top 10
40.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.42%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 59.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DNL - Profile
Distributions
- YTD Total Return 2.9%
- 3 Yr Annualized Total Return -1.6%
- 5 Yr Annualized Total Return 6.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.44%
- Dividend Yield 1.7%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameWisdomTree Global ex-U.S. Quality Dividend Growth Fund
-
Fund Family NameWisdomTree Trust
-
Inception DateJun 16, 2006
-
Shares Outstanding13700000
-
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 consists of dividend-paying global ex-U.S. common stocks with growth characteristics. The Index is comprised of the 300 companies in the WisdomTree Global ex-U.S. Dividend Index, which defines the dividend-paying universe of companies in developed countries and emerging markets throughout the world, excluding the United States, with the best combined rank of growth and quality factors, specifically: medium-term earnings growth expectations, return on equity, and return on assets. To be eligible for inclusion in the Index, a company must meet the following criteria as of the annual Index screening date: (i) payment of at least $5 million in gross cash dividends on common shares during the preceding annual cycle; (ii) market capitalization of at least $2 billion; (iii) median daily dollar trading volume of at least $100,000 for the preceding three months; and (iv) an earnings yield greater than the dividend yield.
Securities are weighted in the Index based on dividends over the prior annual cycle. Companies that pay a greater total dollar amount of dividends are more heavily weighted. To derive a company’s initial Index weight, (i) multiply the U.S. dollar value of the company’s annual gross dividend per share by the number of common shares outstanding for that company (the “Cash Dividend Factor”); (ii) calculate the Cash Dividend Factor for each company; (iii) add together all of the companies’ Cash Dividend Factors; and (iv) divide the company’s Cash Dividend Factor by the sum of all Cash Dividend Factors. On the Index’s annual screening date, the maximum weight of any security in the Index is capped at 5%, and the Index caps the weight of constituents exposed to any one country and any one sector (except for the real estate sector) at 20%. The weight of constituents exposed to the real estate sector is capped at 15%. 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, country, or individual constituent in the Index may fluctuate above or below specified caps and thresholds, respectively, between screening 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 had significant exposure (e.g., approximately 15% or more of the Index’s total weight) to the Information Technology, Industrials and Health Care 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.
As of June 30, 2024, the equity securities of companies domiciled in or otherwise tied to Europe (including exposure to Switzerland) and Taiwan comprised a significant portion (e.g., approximately 15% or more of the Index’s total weight) of the Index, although the Index’s geographic exposure may change from time to time. As a result, the Fund can be expected to also have significant exposure to these countries and/or regions.
DNL - Performance
Return Ranking - Trailing
Period | DNL Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.9% | -4.4% | 30.9% | 92.41% |
1 Yr | 13.2% | 5.2% | 42.7% | 97.38% |
3 Yr | -1.6%* | -13.2% | 6.1% | 36.41% |
5 Yr | 6.5%* | -1.6% | 13.5% | 30.24% |
10 Yr | 6.4%* | 1.9% | 9.7% | 31.80% |
* Annualized
Return Ranking - Calendar
Period | DNL Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.8% | -0.4% | 28.6% | 42.15% |
2022 | -26.0% | -49.5% | -15.2% | 47.49% |
2021 | 14.5% | -22.2% | 19.3% | 2.73% |
2020 | 15.7% | -3.7% | 85.0% | 68.86% |
2019 | 33.4% | -4.0% | 45.1% | 10.76% |
Total Return Ranking - Trailing
Period | DNL Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.9% | -4.4% | 30.9% | 92.41% |
1 Yr | 13.2% | 5.2% | 42.7% | 97.38% |
3 Yr | -1.6%* | -13.2% | 6.1% | 36.41% |
5 Yr | 6.5%* | -1.6% | 13.5% | 30.24% |
10 Yr | 6.4%* | 1.9% | 9.7% | 31.80% |
* Annualized
Total Return Ranking - Calendar
Period | DNL Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.0% | 1.8% | 28.6% | 37.96% |
2022 | -22.4% | -44.4% | -11.0% | 31.13% |
2021 | 15.9% | -20.6% | 20.5% | 6.01% |
2020 | 18.2% | 7.6% | 97.1% | 72.00% |
2019 | 36.2% | 0.5% | 45.3% | 6.65% |
DNL - Holdings
Concentration Analysis
DNL | Category Low | Category High | DNL % Rank | |
---|---|---|---|---|
Net Assets | 641 M | 191 K | 140 B | 65.97% |
Number of Holdings | 300 | 4 | 1806 | 7.59% |
Net Assets in Top 10 | 258 M | 70.5 K | 36.7 B | 62.04% |
Weighting of Top 10 | 40.60% | 10.1% | 99.9% | 25.39% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 6.56%
- Novo Nordisk A/S 6.07%
- State Street Navigator Securities Lending Government Money Market Portfolio 4.64%
- Samsung Electronics Co Ltd 4.43%
- Roche Holding AG 3.81%
- Canadian Natural Resources Ltd 3.72%
- ASML Holding NV 3.37%
- Tencent Holdings Ltd 2.91%
- Deutsche Post AG 2.61%
- UBS Group AG 2.49%
Asset Allocation
Weighting | Return Low | Return High | DNL % Rank | |
---|---|---|---|---|
Stocks | 99.60% | 89.22% | 105.20% | 7.33% |
Cash | 4.64% | 0.00% | 11.43% | 16.23% |
Preferred Stocks | 0.00% | 0.00% | 10.21% | 53.66% |
Other | 0.00% | -0.31% | 3.89% | 48.43% |
Convertible Bonds | 0.00% | 0.00% | 2.45% | 34.91% |
Bonds | 0.00% | 0.00% | 0.03% | 34.55% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DNL % Rank | |
---|---|---|---|---|
Basic Materials | 23.15% | 0.00% | 23.15% | 0.26% |
Technology | 20.19% | 1.51% | 38.21% | 28.61% |
Consumer Cyclical | 17.26% | 0.00% | 46.28% | 16.54% |
Healthcare | 14.19% | 1.36% | 29.58% | 61.42% |
Industrials | 11.92% | 0.68% | 31.28% | 76.64% |
Consumer Defense | 3.27% | 0.00% | 25.77% | 91.34% |
Communication Services | 3.20% | 0.00% | 41.13% | 55.91% |
Financial Services | 2.97% | 0.00% | 38.62% | 95.28% |
Energy | 2.70% | 0.00% | 24.97% | 37.01% |
Utilities | 1.03% | 0.00% | 9.05% | 33.60% |
Real Estate | 0.13% | 0.00% | 6.64% | 45.67% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DNL % Rank | |
---|---|---|---|---|
Non US | 99.58% | 0.00% | 99.95% | 0.52% |
US | 0.02% | 0.00% | 99.87% | 96.34% |
DNL - Expenses
Operational Fees
DNL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.42% | 0.01% | 13.07% | 96.05% |
Management Fee | 0.42% | 0.00% | 1.50% | 10.99% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.80% | N/A |
Sales Fees
DNL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
DNL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
DNL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 59.00% | 7.00% | 149.00% | 82.99% |
DNL - Distributions
Dividend Yield Analysis
DNL | Category Low | Category High | DNL % Rank | |
---|---|---|---|---|
Dividend Yield | 1.66% | 0.00% | 12.70% | 25.20% |
Dividend Distribution Analysis
DNL | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Annual | Annual |
Net Income Ratio Analysis
DNL | Category Low | Category High | DNL % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.44% | -1.69% | 3.16% | 0.79% |
Capital Gain Distribution Analysis
DNL | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 25, 2024 | $0.155 | OrdinaryDividend |
Jun 25, 2024 | $0.285 | OrdinaryDividend |
Mar 22, 2024 | $0.165 | OrdinaryDividend |
Dec 22, 2023 | $0.105 | OrdinaryDividend |
Sep 25, 2023 | $0.115 | OrdinaryDividend |
Jun 26, 2023 | $0.290 | OrdinaryDividend |
Mar 27, 2023 | $0.160 | OrdinaryDividend |
Dec 23, 2022 | $0.124 | OrdinaryDividend |
Sep 26, 2022 | $0.405 | OrdinaryDividend |
Jun 24, 2022 | $0.655 | OrdinaryDividend |
Mar 25, 2022 | $0.370 | OrdinaryDividend |
Dec 27, 2021 | $0.002 | OrdinaryDividend |
Sep 24, 2021 | $0.240 | OrdinaryDividend |
Jun 24, 2021 | $0.200 | OrdinaryDividend |
Mar 25, 2021 | $0.078 | OrdinaryDividend |
Dec 21, 2020 | $0.162 | OrdinaryDividend |
Sep 22, 2020 | $0.235 | OrdinaryDividend |
Jun 23, 2020 | $0.150 | OrdinaryDividend |
Mar 24, 2020 | $0.123 | OrdinaryDividend |
Dec 23, 2019 | $0.179 | OrdinaryDividend |
Sep 24, 2019 | $0.140 | OrdinaryDividend |
Jun 24, 2019 | $0.278 | OrdinaryDividend |
Mar 26, 2019 | $0.038 | OrdinaryDividend |
Dec 24, 2018 | $0.133 | OrdinaryDividend |
Sep 25, 2018 | $0.135 | OrdinaryDividend |
Jun 25, 2018 | $0.322 | OrdinaryDividend |
Mar 20, 2018 | $0.039 | OrdinaryDividend |
Dec 26, 2017 | $0.067 | OrdinaryDividend |
Sep 26, 2017 | $0.240 | OrdinaryDividend |
Jun 26, 2017 | $0.168 | OrdinaryDividend |
Mar 27, 2017 | $0.075 | OrdinaryDividend |
Dec 23, 2016 | $0.091 | OrdinaryDividend |
Sep 26, 2016 | $0.198 | OrdinaryDividend |
Jun 20, 2016 | $0.243 | OrdinaryDividend |
Mar 21, 2016 | $0.048 | OrdinaryDividend |
Dec 21, 2015 | $0.013 | OrdinaryDividend |
Sep 21, 2015 | $0.156 | OrdinaryDividend |
Jun 22, 2015 | $0.240 | OrdinaryDividend |
Mar 23, 2015 | $0.040 | OrdinaryDividend |
Dec 19, 2014 | $0.070 | OrdinaryDividend |
Sep 22, 2014 | $0.150 | OrdinaryDividend |
Jun 23, 2014 | $0.253 | OrdinaryDividend |
Mar 24, 2014 | $0.115 | OrdinaryDividend |
Dec 24, 2013 | $0.055 | OrdinaryDividend |
Sep 23, 2013 | $0.137 | OrdinaryDividend |
Jun 24, 2013 | $0.323 | OrdinaryDividend |
Mar 22, 2013 | $0.070 | OrdinaryDividend |
Dec 24, 2012 | $0.105 | OrdinaryDividend |
Sep 24, 2012 | $0.223 | OrdinaryDividend |
Jun 25, 2012 | $0.286 | OrdinaryDividend |
Mar 26, 2012 | $0.102 | OrdinaryDividend |
Dec 21, 2011 | $0.095 | OrdinaryDividend |
Sep 26, 2011 | $0.201 | OrdinaryDividend |
Jun 22, 2011 | $0.257 | OrdinaryDividend |
Mar 21, 2011 | $0.187 | OrdinaryDividend |
Dec 22, 2010 | $0.129 | OrdinaryDividend |
Sep 20, 2010 | $0.146 | OrdinaryDividend |
Jun 28, 2010 | $0.187 | OrdinaryDividend |
Mar 29, 2010 | $0.240 | OrdinaryDividend |
Dec 21, 2009 | $0.100 | OrdinaryDividend |
Sep 21, 2009 | $0.333 | OrdinaryDividend |
Jun 22, 2009 | $0.253 | OrdinaryDividend |
Dec 22, 2008 | $0.520 | OrdinaryDividend |
Dec 21, 2006 | $0.170 | OrdinaryDividend |
DNL - 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.
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.
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 26.94 | 7.77 | 20.01 |