WisdomTree International Multifactor Fund
Name
As of 10/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
12.8%
1 yr return
19.8%
3 Yr Avg Return
5.6%
5 Yr Avg Return
5.5%
Net Assets
$42.4 M
Holdings in Top 10
16.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.38%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 105.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 10/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DWMF - Profile
Distributions
- YTD Total Return 12.8%
- 3 Yr Annualized Total Return 5.6%
- 5 Yr Annualized Total Return 5.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.01%
- Dividend Yield 2.8%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameWisdomTree International Multifactor Fund
-
Fund Family NameWisdomTree Trust
-
Inception DateAug 10, 2018
-
Shares Outstanding1300000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMarlene Walker-Smith
Fund Description
The Fund is actively managed using a model-based approach and seeks to achieve its investment objective by investing primarily in equity securities of developed markets, excluding the United States and Canada, that exhibit certain characteristics that the investment adviser, WisdomTree Asset Management, Inc. (“WisdomTree” or the “Adviser”), believes to be indicative of positive future returns based on a model developed by WisdomTree. WisdomTree seeks to identify equity securities of developed countries, excluding the United States and Canada, that have the highest potential for returns based on proprietary measures of fundamental factors, such as value and quality, and technical factors, such as momentum and correlation. WisdomTree employs a quantitative model to identify which securities the Fund might purchase and sell and opportune times for purchases and sales. At a minimum, the Fund’s portfolio will be rebalanced quarterly according to WisdomTree’s quantitative model, although a more active approach may be taken depending on such factors as market conditions and investment opportunities, and the number of holdings in the Fund may vary. Between rebalances, the Fund’s portfolio may temporarily include securities of companies that no longer meet the model’s investment criteria.
WisdomTree seeks to manage the Fund’s currency risk by dynamically hedging currency fluctuations in the relative value of the applicable foreign currencies against the U.S. dollar, ranging from a 0% to 100% hedge. The hedge ratios on such foreign currencies are adjusted as frequently as weekly utilizing signals such as momentum, interest rate differentials, volatility, and cross-asset returns. The Fund uses forward currency contracts and/or futures contracts to the extent foreign currencies are hedged.
Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities of developed markets, excluding the United States and Canada. The Fund generally expects to invest in large and mid-capitalization companies, but the Fund may also invest in small-capitalization companies.
WisdomTree, Inc., the parent company of WisdomTree, 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 Fund's exposure to a sector or industry. A GICS sector typically is comprised of multiple industries. While the Fund’s sector exposure may vary from time to time, as of June 30, 2024, the Fund had significant exposure (e.g., approximately 15% or more) to the Financials and Industrials Sectors.
As of June 30, 2024, the Fund invested a significant portion (e.g., approximately 15% or more) of its assets in the equity securities of companies domiciled in or otherwise tied to, and thus had significant investment exposure to, Japan and Europe, particularly the United Kingdom, although the Fund’s geographic exposure may change from time to time.
DWMF - Performance
Return Ranking - Trailing
Period | DWMF Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.8% | -2.4% | 31.3% | 27.89% |
1 Yr | 19.8% | -1.8% | 45.6% | 96.30% |
3 Yr | 5.6%* | -16.4% | 47.8% | 5.09% |
5 Yr | 5.5%* | -34.2% | 75.9% | 87.65% |
10 Yr | N/A* | 1.3% | 32.6% | 81.18% |
* Annualized
Return Ranking - Calendar
Period | DWMF Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.4% | -1.4% | 22.0% | 96.46% |
2022 | -10.5% | -43.6% | 71.3% | 3.45% |
2021 | 7.3% | -28.5% | 18.9% | 30.62% |
2020 | -3.3% | -90.1% | 992.1% | 97.38% |
2019 | 12.9% | -1.9% | 38.8% | 93.58% |
Total Return Ranking - Trailing
Period | DWMF Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.8% | -2.4% | 31.3% | 27.89% |
1 Yr | 19.8% | -1.8% | 45.6% | 96.30% |
3 Yr | 5.6%* | -16.4% | 47.8% | 5.09% |
5 Yr | 5.5%* | -34.2% | 75.9% | 87.65% |
10 Yr | N/A* | 1.3% | 32.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DWMF Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.8% | 3.2% | 23.8% | 95.54% |
2022 | -7.3% | -43.6% | 144.8% | 2.35% |
2021 | 11.2% | -22.6% | 56.0% | 36.68% |
2020 | -1.2% | -89.7% | 1010.8% | 98.36% |
2019 | 16.1% | 4.3% | 38.8% | 97.92% |
DWMF - Holdings
Concentration Analysis
DWMF | Category Low | Category High | DWMF % Rank | |
---|---|---|---|---|
Net Assets | 42.4 M | 3.3 M | 425 B | 91.74% |
Number of Holdings | 227 | 1 | 10481 | 40.67% |
Net Assets in Top 10 | 5.86 M | 1.01 M | 47.5 B | 94.65% |
Weighting of Top 10 | 15.98% | 4.6% | 147.7% | 77.38% |
Top 10 Holdings
- State Street Navigator Securities Lending Government Money Market Portfolio 7.12%
- Novartis AG 1.23%
- BP PLC 1.17%
- Deutsche Telekom AG 0.99%
- TotalEnergies SE 0.98%
- Check Point Software Technologies Ltd 0.97%
- Repsol SA 0.92%
- Sanofi SA 0.88%
- Tryg A/S 0.88%
- Ampol Ltd 0.84%
Asset Allocation
Weighting | Return Low | Return High | DWMF % Rank | |
---|---|---|---|---|
Stocks | 97.57% | 0.00% | 102.63% | 49.54% |
Cash | 7.12% | 0.00% | 44.84% | 5.05% |
Other | 1.14% | -2.05% | 69.93% | 14.53% |
Preferred Stocks | 0.48% | -0.05% | 6.57% | 35.32% |
Convertible Bonds | 0.00% | 0.00% | 4.18% | 46.01% |
Bonds | 0.00% | -0.46% | 79.43% | 49.39% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DWMF % Rank | |
---|---|---|---|---|
Financial Services | 15.59% | 0.00% | 47.75% | 77.12% |
Healthcare | 15.29% | 0.00% | 20.35% | 13.79% |
Consumer Defense | 14.06% | 0.00% | 32.29% | 7.84% |
Industrials | 12.48% | 5.17% | 99.49% | 71.79% |
Utilities | 7.27% | 0.00% | 13.68% | 4.70% |
Energy | 7.22% | 0.00% | 16.89% | 11.60% |
Communication Services | 6.95% | 0.00% | 21.69% | 31.35% |
Consumer Cyclical | 6.25% | 0.00% | 36.36% | 93.57% |
Basic Materials | 5.88% | 0.00% | 23.86% | 80.88% |
Technology | 4.64% | 0.00% | 36.32% | 95.77% |
Real Estate | 4.37% | 0.00% | 14.59% | 7.52% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DWMF % Rank | |
---|---|---|---|---|
Non US | 94.18% | 0.00% | 99.44% | 35.32% |
US | 3.39% | 0.00% | 102.01% | 60.55% |
DWMF - Expenses
Operational Fees
DWMF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.38% | 0.01% | 19.62% | 85.30% |
Management Fee | 0.38% | 0.00% | 1.65% | 21.08% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 1.00% | N/A |
Sales Fees
DWMF 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% | 4.00% | N/A |
Trading Fees
DWMF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
DWMF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 105.00% | 2.00% | 247.00% | 90.02% |
DWMF - Distributions
Dividend Yield Analysis
DWMF | Category Low | Category High | DWMF % Rank | |
---|---|---|---|---|
Dividend Yield | 2.81% | 0.00% | 17.49% | 10.55% |
Dividend Distribution Analysis
DWMF | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
DWMF | Category Low | Category High | DWMF % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.01% | -0.93% | 6.38% | 2.51% |
Capital Gain Distribution Analysis
DWMF | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 25, 2024 | $0.195 | OrdinaryDividend |
Jun 25, 2024 | $0.470 | OrdinaryDividend |
Mar 22, 2024 | $0.105 | OrdinaryDividend |
Dec 22, 2023 | $0.185 | OrdinaryDividend |
Sep 25, 2023 | $0.165 | OrdinaryDividend |
Jun 26, 2023 | $0.465 | OrdinaryDividend |
Mar 27, 2023 | $0.200 | OrdinaryDividend |
Dec 23, 2022 | $0.197 | OrdinaryDividend |
Sep 26, 2022 | $0.165 | OrdinaryDividend |
Jun 24, 2022 | $0.360 | OrdinaryDividend |
Mar 25, 2022 | $0.090 | OrdinaryDividend |
Dec 27, 2021 | $0.227 | OrdinaryDividend |
Sep 24, 2021 | $0.155 | OrdinaryDividend |
Jun 24, 2021 | $0.450 | OrdinaryDividend |
Mar 25, 2021 | $0.109 | OrdinaryDividend |
Dec 21, 2020 | $0.179 | OrdinaryDividend |
Sep 22, 2020 | $0.125 | OrdinaryDividend |
Jun 23, 2020 | $0.160 | OrdinaryDividend |
Mar 24, 2020 | $0.045 | OrdinaryDividend |
Dec 23, 2019 | $0.158 | OrdinaryDividend |
Sep 24, 2019 | $0.170 | OrdinaryDividend |
Jun 24, 2019 | $0.335 | OrdinaryDividend |
Mar 26, 2019 | $0.045 | OrdinaryDividend |
Dec 24, 2018 | $0.161 | OrdinaryDividend |
Sep 25, 2018 | $0.100 | OrdinaryDividend |
DWMF - 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 |
---|---|---|---|
0.08 | 30.35 | 6.35 | 3.25 |