Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
23.3%
1 yr return
17.0%
3 Yr Avg Return
-13.3%
5 Yr Avg Return
-1.6%
Net Assets
$376 M
Holdings in Top 10
46.5%
Expense Ratio 0.32%
Front Load N/A
Deferred Load N/A
Turnover 36.00%
Redemption Fee N/A
Standard (Taxable)
N/A
IRA
N/A
Fund Type
Exchange Traded Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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 80% 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 modified float-adjusted market cap weighted index that consists of common stocks in China, excluding common stocks of “state-owned enterprises.” WisdomTree, Inc. (“WisdomTree”), as Index Provider, defines state-owned enterprises as companies with over 20% government ownership. The Index consists of companies that: (i) are incorporated or domiciled (i.e., maintain their principal place of business) in China; (ii) list shares on a stock exchange in Hong Kong or the United States; (iii) have a float-adjusted market capitalization of at least $1 billion as of the annual Index screening date (“float-adjusted” means that the share amounts reflect only shares available to investors); (iv) have a median daily dollar trading volume of at least $100,000 for the three months preceding the annual Index screening date; (v) trade at least 250,000 shares per month or $25 million notional for each of the six months preceding the annual Index screening date; and (vi) are not state-owned enterprises as of the annual Index screening date.
The Index also consists of the 100 largest companies by float-adjusted market capitalization that are incorporated in mainland China, listed and traded on the Shanghai Stock Exchange (“SSE”) or Shenzhen Stock Exchange (“SZSE”) via the Shanghai-Hong Kong or Shenzhen-Hong Kong Stock Connect (“Stock Connect”) programs in Chinese renminbi (“A-Shares”) and meet the trading requirements set forth above. Stock Connect is a securities trading and clearing linked program between either SSE or SZSE, and the Stock Exchange of Hong Kong Limited (“SEHK”), Hong Kong Securities Clearing Company Limited (“HKSCC”), and China Securities Depository and Clearing Corporation Limited (“ChinaClear”), with an aim to achieve mutual stock market access between the People’s Republic of China (“PRC”) and Hong Kong. The maximum weight of China A-Shares in the Index, at the time of the Index’s annual screening date, is capped at 33%; however, the weight of China A-Shares in the Index may fluctuate above the cap in response to market conditions and/or the application of volume factor adjustments, as described below.
Securities are weighted in the Index based on float-adjusted market capitalization, as modified pursuant to certain limitations set forth below. On the Index’s annual screening date, the maximum weight of any security in the Index is capped at 10%, and the Index caps the weight of constituents exposed to any one sector at 30%. 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, respectively, between screening dates in response to market conditions.
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 Consumer Discretionary and Communication Services 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.
Period | CXSE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 23.3% | -7.8% | 34.7% | 21.11% |
1 Yr | 17.0% | -13.8% | 40.7% | 37.78% |
3 Yr | -13.3%* | -20.3% | 7.0% | 67.86% |
5 Yr | -1.6%* | -12.5% | 15.5% | 49.28% |
10 Yr | 4.2%* | -3.6% | 10.2% | 25.49% |
* Annualized
Period | CXSE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -19.3% | -26.6% | 26.3% | 62.50% |
2022 | -30.3% | -41.6% | -9.4% | 74.44% |
2021 | -24.2% | -52.5% | 26.5% | 78.16% |
2020 | 58.3% | 1.3% | 138.5% | 6.67% |
2019 | 36.5% | -1.9% | 42.6% | 4.11% |
Period | CXSE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 23.3% | -7.8% | 34.7% | 21.11% |
1 Yr | 17.0% | -13.8% | 40.7% | 37.78% |
3 Yr | -13.3%* | -20.3% | 7.0% | 67.86% |
5 Yr | -1.6%* | -12.5% | 15.5% | 49.28% |
10 Yr | 4.2%* | -3.6% | 10.2% | 25.49% |
* Annualized
Period | CXSE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -18.0% | -25.7% | 30.1% | 57.29% |
2022 | -29.3% | -40.4% | -6.8% | 78.89% |
2021 | -23.7% | -48.9% | 29.5% | 88.51% |
2020 | 59.4% | 2.0% | 138.5% | 10.67% |
2019 | 38.0% | 7.8% | 44.4% | 6.85% |
CXSE | Category Low | Category High | CXSE % Rank | |
---|---|---|---|---|
Net Assets | 376 M | 1.06 M | 5.63 B | 19.79% |
Number of Holdings | 191 | 27 | 1176 | 9.38% |
Net Assets in Top 10 | 164 M | 477 K | 3.28 B | 19.79% |
Weighting of Top 10 | 46.46% | 5.6% | 85.4% | 55.21% |
Weighting | Return Low | Return High | CXSE % Rank | |
---|---|---|---|---|
Stocks | 99.41% | 51.72% | 100.63% | 15.63% |
Cash | 0.73% | 0.00% | 33.85% | 87.50% |
Preferred Stocks | 0.00% | 0.00% | 2.47% | 50.00% |
Other | 0.00% | -0.02% | 47.32% | 51.04% |
Convertible Bonds | 0.00% | 0.00% | 0.15% | 48.91% |
Bonds | 0.00% | 0.00% | 0.00% | 44.79% |
Weighting | Return Low | Return High | CXSE % Rank | |
---|---|---|---|---|
Consumer Cyclical | 32.28% | 0.00% | 95.37% | 11.96% |
Communication Services | 19.02% | 0.00% | 41.06% | 15.22% |
Technology | 10.19% | 0.00% | 58.02% | 53.26% |
Healthcare | 10.09% | 0.00% | 100.00% | 25.00% |
Industrials | 8.81% | 0.00% | 36.69% | 61.96% |
Financial Services | 6.96% | 0.00% | 41.62% | 82.61% |
Consumer Defense | 5.75% | 0.00% | 20.13% | 70.65% |
Basic Materials | 3.31% | 0.00% | 19.86% | 51.09% |
Real Estate | 2.47% | 0.00% | 22.12% | 53.26% |
Utilities | 0.76% | 0.00% | 11.37% | 42.39% |
Energy | 0.35% | 0.00% | 19.38% | 41.30% |
Weighting | Return Low | Return High | CXSE % Rank | |
---|---|---|---|---|
Non US | 90.22% | 0.00% | 99.87% | 62.50% |
US | 9.19% | 0.00% | 100.63% | 27.08% |
CXSE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.32% | 0.09% | 14.63% | 96.88% |
Management Fee | 0.32% | 0.09% | 1.50% | 4.17% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.06% | 0.25% | N/A |
CXSE 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% | 1.00% | N/A |
CXSE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
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.
CXSE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 36.00% | 4.00% | 241.00% | 34.18% |
CXSE | Category Low | Category High | CXSE % Rank | |
---|---|---|---|---|
Dividend Yield | 1.59% | 0.00% | 8.89% | 35.42% |
CXSE | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
CXSE | Category Low | Category High | CXSE % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.10% | -1.76% | 3.66% | 13.04% |
CXSE | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 25, 2024 | $0.135 | OrdinaryDividend |
Jun 25, 2024 | $0.285 | OrdinaryDividend |
Dec 22, 2023 | $0.125 | OrdinaryDividend |
Sep 25, 2023 | $0.105 | OrdinaryDividend |
Jun 26, 2023 | $0.250 | OrdinaryDividend |
Dec 23, 2022 | $0.042 | OrdinaryDividend |
Sep 26, 2022 | $0.110 | OrdinaryDividend |
Jun 24, 2022 | $0.230 | OrdinaryDividend |
Mar 25, 2022 | $0.155 | OrdinaryDividend |
Dec 27, 2021 | $0.039 | OrdinaryDividend |
Sep 24, 2021 | $0.140 | OrdinaryDividend |
Jun 24, 2021 | $0.250 | OrdinaryDividend |
Dec 21, 2020 | $0.049 | OrdinaryDividend |
Sep 22, 2020 | $0.103 | OrdinaryDividend |
Jun 23, 2020 | $0.205 | OrdinaryDividend |
Dec 23, 2019 | $0.012 | OrdinaryDividend |
Sep 24, 2019 | $0.210 | OrdinaryDividend |
Jun 24, 2019 | $0.178 | OrdinaryDividend |
Dec 24, 2018 | $0.047 | OrdinaryDividend |
Sep 25, 2018 | $0.143 | OrdinaryDividend |
Jun 25, 2018 | $0.264 | OrdinaryDividend |
Dec 26, 2017 | $0.010 | OrdinaryDividend |
Sep 26, 2017 | $0.070 | OrdinaryDividend |
Jun 26, 2017 | $0.225 | OrdinaryDividend |
Mar 27, 2017 | $0.230 | OrdinaryDividend |
Sep 26, 2016 | $0.230 | OrdinaryDividend |
Jun 20, 2016 | $0.105 | OrdinaryDividend |
Dec 21, 2015 | $0.041 | OrdinaryDividend |
Sep 21, 2015 | $0.245 | OrdinaryDividend |
Jun 22, 2015 | $0.310 | OrdinaryDividend |
Mar 23, 2015 | $0.018 | OrdinaryDividend |
Dec 19, 2014 | $0.194 | OrdinaryDividend |
Jun 23, 2014 | $0.157 | OrdinaryDividend |
Sep 23, 2013 | $0.383 | OrdinaryDividend |
Jun 24, 2013 | $0.339 | OrdinaryDividend |
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.
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.
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.
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.
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.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 24.1 | 3.67 | 3.22 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...