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 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$28.99
$1.99 B
2.41%
$0.70
0.32%
YTD Return
0.4%
1 yr return
10.0%
3 Yr Avg Return
-9.8%
5 Yr Avg Return
1.3%
Net Assets
$1.99 B
Holdings in Top 10
26.1%
Expense Ratio 0.32%
Front Load N/A
Deferred Load N/A
Turnover 18.00%
Redemption Fee N/A
Standard (Taxable)
N/A
IRA
N/A
Fund Type
Exchange Traded Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$28.99
$1.99 B
2.41%
$0.70
0.32%
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 component securities of the Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities.
The Index is a modified float-adjusted market cap weighted index that consists of common stocks in emerging markets, 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 starting universe for the Index (the “pre-screening universe”) includes companies that: (i) are incorporated or domiciled (i.e., maintain their principal place of business) in one of the following emerging market countries: Argentina, Brazil, Chile, China, Czech Republic, Hungary, India, Indonesia, Korea, Malaysia, Mexico, the Philippines, Poland, Russia, Saudi Arabia, South Africa, Taiwan, Thailand, or Turkey; (ii) list shares on a stock exchange in one of the foregoing emerging market countries or the United States (except Chinese companies may have shares listed in Hong Kong); (iii) have a float-adjusted market capitalization of at least $1 billion as of the 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 Index screening date; and (v) trade at least 250,000 shares per month or $25 million notional for each of the six months preceding the Index screening date. The Index is comprised of the companies in the pre-screening universe that are not state-owned enterprises as of the annual Index screening date.
Securities are weighted in the Index based on a modified market cap weighting scheme that adjusts the weight of Index securities from each country to approximate the weight of securities from that country in the pre-screening universe (excluding any domestic listed Chinese securities). The weight of Index securities from a single country, however, will not be multiplied by a factor greater than three. After applying the foregoing country weight adjustment, should any sector have a weight that is 3% higher or lower than its pre-screening universe sector weight, such sector’s weight will be adjusted by a factor so that the sector’s weight is 3% higher or lower, respectively, than its pre-screening universe weight. Companies that are not state-owned, but are incorporated within countries that have relatively high government ownership among initial screening constituents, could potentially see higher weights than they would under a normal market cap weighting scheme. Companies that are not state-owned, but are incorporated within countries that have relatively low government ownership among initial screening constituents, could potentially see lower weights than they would under a normal market cap weighting scheme. The Index also may adjust the weight of individual components on the annual screening date based on certain quantitative thresholds or limits tied to key metrics of a component security, such as its market capitalization and trading volume. To the extent the Index reduces an individual component’s weight, the excess weight will be reallocated pro rata among the other components. Similarly, if the Index increases a component’s weight, the weight of the other components will be reduced on a pro rata basis to contribute the weight needed for such increase. The weight of a sector or individual component in the Index may fluctuate above or below specified caps and thresholds, respectively, between screening dates in response to market conditions.
WisdomTree, Inc. (“WisdomTree”), as Index provider, 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 define companies within a sector. The following sectors are included in the Index: communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities. A sector is comprised of multiple industries. For example, the energy sector is comprised of companies in the energy equipment and services industry as well as the oil, gas and consumable fuels industry. As of June 30, 2023, companies in the information technology, consumer discretionary, and financials sectors comprised a significant portion (i.e., in excess of 15% of the Index’s total weighting) of the Index; however, the Index's sector exposure may change from time to time.
To the extent the Index concentrates (i.e., holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will concentrate its investments to approximately the same extent as the Index.
As of June 30, 2023, the equity securities of companies domiciled in or otherwise tied to China, India and Taiwan comprised a significant portion (i.e., in excess of 15% of the Index’s total weighting) of the Index, although the Index’s geographic exposure may change from time to time.
Period | XSOE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -9.6% | 11.5% | 71.95% |
1 Yr | 10.0% | -9.4% | 34.0% | 55.77% |
3 Yr | -9.8%* | -23.8% | 7.6% | 77.09% |
5 Yr | 1.3%* | -7.5% | 11.1% | 63.13% |
10 Yr | N/A* | -3.1% | 6.3% | 66.67% |
* Annualized
Period | XSOE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.2% | -6.5% | 35.5% | 54.41% |
2022 | -27.6% | -50.1% | -2.4% | 74.83% |
2021 | -7.1% | -33.1% | 22.5% | 61.15% |
2020 | 27.1% | -22.1% | 80.1% | 19.63% |
2019 | 22.1% | -0.7% | 42.0% | 27.48% |
Period | XSOE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -9.6% | 11.5% | 71.95% |
1 Yr | 10.0% | -9.4% | 34.0% | 55.77% |
3 Yr | -9.8%* | -23.8% | 7.6% | 77.09% |
5 Yr | 1.3%* | -7.5% | 11.1% | 63.13% |
10 Yr | N/A* | -3.1% | 6.3% | N/A |
* Annualized
Period | XSOE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.3% | -2.7% | 42.0% | 56.58% |
2022 | -25.8% | -42.2% | 1.9% | 74.55% |
2021 | -5.9% | -32.5% | 33.1% | 78.88% |
2020 | 28.6% | -20.0% | 81.6% | 20.87% |
2019 | 24.8% | 2.3% | 42.0% | 26.04% |
XSOE | Category Low | Category High | XSOE % Rank | |
---|---|---|---|---|
Net Assets | 1.99 B | 682 K | 103 B | 23.19% |
Number of Holdings | 633 | 10 | 7049 | 8.85% |
Net Assets in Top 10 | 536 M | 118 K | 19.2 B | 26.01% |
Weighting of Top 10 | 26.09% | 0.7% | 140.4% | 72.08% |
Weighting | Return Low | Return High | XSOE % Rank | |
---|---|---|---|---|
Stocks | 100.45% | 0.00% | 103.65% | 2.41% |
Cash | 0.94% | -2.03% | 99.29% | 71.05% |
Other | 0.00% | -1.59% | 50.31% | 29.62% |
Preferred Stocks | 0.00% | 0.00% | 10.09% | 78.02% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 50.07% |
Bonds | 0.00% | 0.00% | 94.30% | 55.76% |
Weighting | Return Low | Return High | XSOE % Rank | |
---|---|---|---|---|
Technology | 25.05% | 0.00% | 47.50% | 35.41% |
Financial Services | 16.00% | 0.00% | 48.86% | 79.92% |
Consumer Cyclical | 15.18% | 0.00% | 48.94% | 22.52% |
Communication Services | 11.14% | 0.00% | 39.29% | 22.80% |
Basic Materials | 7.64% | 0.00% | 30.03% | 55.22% |
Consumer Defense | 6.59% | 0.00% | 25.90% | 40.03% |
Healthcare | 6.22% | 0.00% | 16.53% | 22.39% |
Industrials | 6.17% | 0.00% | 43.53% | 46.95% |
Energy | 2.92% | 0.00% | 24.80% | 67.30% |
Real Estate | 1.59% | 0.00% | 17.15% | 51.29% |
Utilities | 1.49% | 0.00% | 39.12% | 45.73% |
Weighting | Return Low | Return High | XSOE % Rank | |
---|---|---|---|---|
Non US | 93.84% | 0.00% | 100.18% | 15.95% |
US | 6.61% | 0.00% | 99.51% | 63.14% |
XSOE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.32% | 0.03% | 24.48% | 95.29% |
Management Fee | 0.32% | 0.00% | 2.00% | 5.77% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.85% | N/A |
XSOE 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 |
XSOE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
XSOE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 18.00% | 0.00% | 189.00% | 12.50% |
XSOE | Category Low | Category High | XSOE % Rank | |
---|---|---|---|---|
Dividend Yield | 2.41% | 0.00% | 10.26% | 50.13% |
XSOE | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Annual | Annual |
XSOE | Category Low | Category High | XSOE % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.62% | -1.98% | 17.62% | 24.90% |
XSOE | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.175 | OrdinaryDividend |
Sep 28, 2023 | $0.160 | OrdinaryDividend |
Jun 29, 2023 | $0.180 | OrdinaryDividend |
Sep 29, 2022 | $0.225 | OrdinaryDividend |
Jun 29, 2022 | $0.375 | OrdinaryDividend |
Mar 30, 2022 | $0.075 | OrdinaryDividend |
Dec 30, 2021 | $0.041 | OrdinaryDividend |
Sep 29, 2021 | $0.215 | OrdinaryDividend |
Jun 29, 2021 | $0.220 | OrdinaryDividend |
Mar 30, 2021 | $0.027 | OrdinaryDividend |
Dec 24, 2020 | $0.149 | OrdinaryDividend |
Sep 25, 2020 | $0.145 | OrdinaryDividend |
Jun 26, 2020 | $0.090 | OrdinaryDividend |
Mar 27, 2020 | $0.021 | OrdinaryDividend |
Dec 27, 2019 | $0.126 | OrdinaryDividend |
Sep 27, 2019 | $0.365 | OrdinaryDividend |
Jun 28, 2019 | $0.115 | OrdinaryDividend |
Mar 29, 2019 | $0.020 | OrdinaryDividend |
Dec 28, 2018 | $0.088 | OrdinaryDividend |
Sep 28, 2018 | $0.201 | OrdinaryDividend |
Jun 28, 2018 | $0.110 | OrdinaryDividend |
Dec 29, 2017 | $0.117 | OrdinaryDividend |
Sep 29, 2017 | $0.070 | OrdinaryDividend |
Jun 30, 2017 | $0.020 | OrdinaryDividend |
Dec 30, 2016 | $0.097 | OrdinaryDividend |
Sep 30, 2016 | $0.160 | OrdinaryDividend |
Jun 24, 2016 | $0.050 | OrdinaryDividend |
Dec 28, 2015 | $0.084 | OrdinaryDividend |
Sep 25, 2015 | $0.160 | OrdinaryDividend |
Jun 26, 2015 | $0.560 | OrdinaryDividend |
Dec 26, 2014 | $0.051 | 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 | 33.71 | 6.54 | 13.42 |
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...