WisdomTree Europe SmallCap Dividend Fund
ALTAR
Score™		 7.6% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 13.7x P/Sales
ratio		 0.8x
P/BV
ratio		 1.5x Div.
yield		 4.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WisdomTree Europe SmallCap Dividend Fund seeks investment results that correspond to the performance of the WisdomTree Europe SmallCap Dividend Index. The Fund invests in small-capitalization co

FUND BASICS
Category International Equities
Fund Sponsor WisdomTree ETFs/USA
Website www.wisdomtree.com
Inception date Jun 16, 2006
Assets (mns) $164
Currency USD
Expense ratio 58 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Dividend
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 380
Wgt avg mkt cap (mns) $4,767
Large cap (>$10bn) 8.8%
Mid cap ($2-10bn) 22.3%
Small cap (<$2bn) 68.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
FILTRONA PLC 4.5 %
HOEGH AUTOLINERS ASA 2.4 %
DOF GROUP ASA 2.0 %
ELECNOR S.A. 1.8 %
APERAM 1.6 %
ENERGEAN PLC 1.3 %
PENNON GROUP PLC 1.3 %
ODFJELL DRILLING LTD 1.3 %
REDES ENERGETICAS NACIONAIS 1.3 %
OUTOKUMPU OYJ 1.2 %
Total 18.6 %

TOP COUNTRY EXPOSURE
BRITAIN 24.0 %
NORWAY 12.1 %
SWEDEN 9.4 %
SPAIN 4.8 %
GERMANY 4.4 %
NETHERLANDS 4.3 %
FRANCE 4.2 %
PORTUGAL 3.9 %
BELGIUM 3.0 %
BERMUDA 2.8 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
7.6% 16.8% 4.9% 7.2% 6.5%

Market Correlations
versus... Beta R-squared
S&P500 0.88 50%
MSCI EAFE 0.88 81%
MSCI Emg. Mkts. 0.55 56%

Technical Indicators
Recent close $74.67
30d moving avg. $76.19
Annualized volatility 16.5%
Short interest (ETF) 0.7%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.3%
Bid/Ask (% of price) 0.31%
ADV underlying (mns) $349

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 184 potential alternatives to the WisdomTree Europe SmallCap Dividend Fund ETF based on the alternatives' overlap in portfolio holdings with DFE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DFE Expense: 58 bp ALTAR Score™: 7.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DFE
Ticker Fund
Name		 Overlap1
vs DFE
(%)		 Expense
ratio
(bp)		 Savings
vs DFE
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DFE
(%)
IEUS iShares MSCI Europe Small-Cap ETF 14.1 42 16 6.7 -0.9
EWUS iShares MSCI United Kingdom Small Cap ETF 13.1 59 -1 7.4 -0.2
GWX SPDR S&P International Small Cap ETF 11.5 40 18 5.9 -1.7
AVDS Avantis International Small Cap Equity ETF 9.6 30 28 6.0 -1.6
AVDV Avantis International Small Cap Value ETF 8.9 36 22 7.7 +0.1
ISCF iShares International SmallCap Equity Factor ETF 8.4 23 35 7.3 -0.3
DISV Dimensional International Small Cap Value ETF 7.9 42 16 8.1 +0.5
SCHC Schwab International Small-Cap Equity ETF 7.6 11 47 6.7 -0.9
NORW Global X MSCI Norway ETF 7.4 50 8 7.6 +0.0
ENOR iShares MSCI Norway ETF 7.4 53 5 7.6 -0.0
DFIS Dimensional International Small Cap ETF 7.4 39 19 6.1 -1.4
JIVE JPMorgan International Value ETF 7.3 55 3 8.4 +0.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 6.2 49 9 6.1 -1.5
SCZ iShares MSCI EAFE Small-Cap ETF 6.2 40 18 6.1 -1.5
FNDC Schwab Fundamental International Small Co. Index ETF 5.5 39 19 6.8 -0.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 5.3 8 50 6.3 -1.3
DTH WisdomTree International High Dividend Fund 5.1 58 0 7.4 -0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 4.2 39 19 7.0 -0.6
ICPY Tweedy, Browne International Insider Value ETF 4.1 80 -22 21.5 +14.0
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 4.0 80 -22 9.3 +1.8
COPY Tweedy, Browne Insider + Value ETF 4.0 80 -22 14.9 +7.4
BOAT SonicShares Global Shipping ETF 3.0 69 -11 21.3 +13.8
EWK iShares MSCI Belgium ETF 2.7 50 8 3.8 -3.7
EUDG WisdomTree Europe Quality Dividend Growth Fund 2.7 58 0 6.4 -1.2
DXIV Dimensional International Vector Equity ETF 2.7 34 24 6.6 -1.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 2.6 40 18 5.7 -1.9
DWM WisdomTree International Equity Fund 2.6 48 10 5.7 -1.9
SDIV Global X Superdividend ETF 2.3 58 0 13.8 +6.2
WSML iShares MSCI World Small-Cap ETF 2.2 15 43 5.3 -2.2
HEDJ WisdomTree Europe Hedged Equity Fund 2.2 58 0 5.9 -1.6
EWN iShares MSCI Netherlands ETF 2.1 50 8 4.5 -3.0
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.1 70 -12 3.8 -3.8
SLX VanEck Steel ETF 1.8 56 2 10.1 +2.5
SPEU SPDR Portfolio Europe ETF 1.7 7 51 6.5 -1.1
CGV Conductor Global Equity Value ETF 1.6 130 -72 7.7 +0.1
AVSD Avantis Responsible International Equity ETF 1.6 23 35 6.0 -1.6
FYLD Cambria Foreign Shareholder Yield ETF 1.6 59 -1 10.2 +2.6
EBLU Ecofin Global Water ESG Fund 1.5 40 18 4.6 -3.0
AVDE Avantis International Equity ETF 1.5 23 35 6.2 -1.4
DFIC Dimensional International Core Equity 2 ETF 1.5 23 35 6.3 -1.3
DFSI Dimensional International Sustainability Core 1 ETF 1.5 24 34 5.7 -1.9
EFNL iShares MSCI Finland ETF 1.4 56 2 5.5 -2.1
VIDI Vident International Equity Strategy ETF 1.4 61 -3 8.1 +0.5
VCLN Virtus Duff & Phelps Clean Energy ETF 1.4 59 -1 2.2 -5.4
IEUR iShares Core MSCI Europe ETF 1.4 11 47 6.4 -1.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.4 56 2 9.8 +2.2
VGK Vanguard FTSE Europe ETF 1.3 6 52 6.6 -1.0
RCGE RockCreek Global Equality ETF 1.3 95 -37 6.2 -1.4
BLDG Cambria Global Real Estate ETF 1.2 60 -2 11.1 +3.6
TBLU Tortoise Global Water ESG ETF 1.2 40 18 4.6 -3.0
CUT Invesco MSCI Global Timber ETF 1.1 61 -3 8.6 +1.1
IFGL iShares International Developed Real Estate ETF 1.0 48 10 7.5 -0.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.0 30 28 6.4 -1.2
AZTD Aztlan Global Stock Selection DM SMID ETF 1.0 75 -17 4.1 -3.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.0 10 48 8.6 +1.1
EFRA iShares Environmental Infrastructure and Industrials ETF 1.0 47 11 5.1 -2.5
PICK iShares MSCI Global Metals & Mining Producers ETF 0.9 39 19 8.0 +0.4
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.9 45 13 5.6 -2.0
IEFA iShares Core MSCI EAFE ETF 0.9 7 51 6.1 -1.5
DFAI Dimensional International Core Equity Market ETF 0.8 18 40 6.1 -1.5
AIRL Themes Airlines ETF 0.8 35 23 1.6 -6.0
GDXJ VanEck Junior Gold Miners ETF 0.8 52 6 3.2 -4.4
GOEX Global X Gold Explorers ETF 0.8 65 -7 2.5 -5.1
FTRI First Trust Indxx Global Natural Resources Income ETF 0.8 70 -12 6.7 -0.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.8 39 19 6.2 -1.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.7 12 46 8.8 +1.2
IPKW Invesco International BuyBack Achievers ETF 0.7 55 3 8.2 +0.6
EDEN iShares MSCI Denmark ETF 0.7 53 5 6.4 -1.2
EIRL iShares MSCI Ireland ETF 0.7 50 8 7.1 -0.5
IDEV iShares Core MSCI International Developed Markets ETF 0.7 4 54 6.0 -1.6
OAIM OneAscent International Equity ETF 0.7 95 -37 4.7 -2.9
OCEN IQ Clean Oceans ETF 0.7 45 13 4.6 -3.0
MOTG VanEck Morningstar Global Wide Moat ETF 0.7 52 6 8.0 +0.4
MOTI VanEck Morningstar International Moat ETF 0.7 58 0 10.2 +2.7
ROBO ROBO Global Robotics & Automation Index ETF 0.7 95 -37 2.3 -5.3
VEA Vanguard FTSE Developed Markets ETF 0.6 3 55 6.0 -1.6
AUAU Global X Gold Miners ETF 0.6 35 23 2.8 -4.8
AUMI Themes Gold Miners ETF 0.6 35 23 3.6 -4.0
IXUS iShares Core MSCI Total International Stock ETF 0.6 7 51 6.6 -1.0
EWO iShares MSCI Austria ETF 0.6 50 8 7.6 -0.0
GQRE FlexShares Global Quality Real Estate Index Fund 0.6 45 13 7.3 -0.3
GLCR GlacierShares Nasdaq Iceland ETF 0.5 95 -37 3.2 -4.4
JETS U.S. Global Jets ETF 0.5 60 -2 2.5 -5.1
WTRE WisdomTree New Economy Real Estate Fund 0.5 58 0 -0.3 -7.9
VSGX Vanguard ESG International Stock ETF 0.5 10 48 6.6 -1.0
VGSR Vert Global Sustainable Real Estate ETF 0.5 47 11 7.0 -0.6
PAWZ ProShares Pet Care ETF 0.5 50 8 4.4 -3.2
VXUS Vanguard Total International Stock ETF 0.5 5 53 6.7 -0.9
SPDW SPDR Portfolio Developed World ex-US ETF 0.5 3 55 5.8 -1.7
SNSR Global X Internet of Things ETF 0.5 68 -10 3.2 -4.4
WOOD iShares Global Timber & Forestry ETF 0.5 42 16 11.7 +4.1
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.5 39 19 0.9 -6.7
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.5 75 -17 1.7 -5.8
TOGA Tremblant Global ETF 0.5 69 -11 -0.2 -7.8
ODDS Pacer BlueStar Digital Entertainment ETF 0.4 60 -2 4.7 -2.9
AGNG Global X Aging Population ETF 0.4 50 8 4.4 -3.2
ERET iShares Environmentally Aware Real Estate ETF 0.4 30 28 6.9 -0.7
IPAV Global X Infrastructure Development ex-U.S. ETF 0.4 55 3 5.7 -1.8
SHPP Pacer Industrials and Logistics ETF 0.4 60 -2 6.6 -1.0
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.4 85 -27 2.8 -4.8
NATO Themes Transatlantic Defense ETF 0.4 35 23 1.9 -5.7
REET iShares Global REIT ETF 0.3 14 44 7.0 -0.6
RWX SPDR Dow Jones International Real Estate ETF 0.3 59 -1 7.4 -0.2
AIS VistaShares Artificial Intelligence Supercycle ETF 0.3 75 -17 0.9 -6.7
CCNR ALPS CoreCommodity Natural Resources ETF 0.3 39 19 8.1 +0.5
IGRO iShares International Dividend Growth ETF 0.3 15 43 6.8 -0.8
IDV iShares International Select Dividend ETF 0.3 51 7 9.1 +1.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.3 58 0 3.4 -4.2
BETZ Roundhill Sports Betting & iGaming ETF 0.3 75 -17 3.5 -4.1
BNGE First Trust S-Network Streaming and Gaming ETF 0.3 70 -12 3.1 -4.5
ISRA VanEck Israel ETF 0.3 59 -1 5.9 -1.7
AVRE Avantis Real Estate ETF 0.3 17 41 6.8 -0.8
DFGR Dimensional Global Real Estate ETF 0.3 22 36 7.0 -0.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 12 5.0 -2.6
AFK VanEck Africa Index ETF 0.3 98 -40 11.2 +3.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.3 47 11 5.0 -2.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.2 46 12 7.8 +0.2
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -7 4.9 -2.7
EPU iShares MSCI Peru and Global Exposure ETF 0.2 59 -1 4.8 -2.8
RING iShares MSCI Global Gold Miners ETF 0.2 39 19 3.8 -3.8
SIL Global X Silver Miners ETF 0.2 65 -7 1.9 -5.6
SILJ ETFMG Prime Junior Silver Miners ETF 0.2 69 -11 0.5 -7.1
SLVP iShares MSCI Global Silver Miners ETF 0.2 39 19 4.4 -3.1
AGMI Themes Silver Miners ETF 0.2 35 23 4.3 -3.3
NERD Roundhill Video Games ETF 0.2 50 8 8.1 +0.5
BLES Inspire Global Hope ETF 0.2 61 -3 5.7 -1.9
CLNR IQ Cleaner Transport ETF 0.2 45 13 3.9 -3.7
CTEC Global X CleanTech ETF 0.2 50 8 -0.1 -7.7
FRNW Fidelity Clean Energy ETF 0.2 39 19 1.7 -5.9
PBD Invesco Global Clean Energy ETF 0.2 75 -17 0.2 -7.4
SMOG VanEck Low Carbon Energy ETF 0.2 61 -3 1.2 -6.4
WWJD Inspire International ETF 0.2 80 -22 6.4 -1.2
PEX ProShares Global Listed Private Equity ETF 0.2 81 -23 12.2 +4.7
PIO Invesco Global Water ETF 0.2 75 -17 4.5 -3.1
PSP Invesco Global Listed Private Equity ETF 0.2 106 -48 6.9 -0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 49 4.9 -2.7
JEDI Defiance Drone and Modern Warfare ETF 0.2 69 -11 0.8 -6.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.2 29 29 7.0 -0.6
TINT ProShares Smart Materials ETF 0.2 58 0 5.4 -2.1
DTAN Sparkline International Intangible Value ETF 0.2 55 3 7.1 -0.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.2 25 33 7.4 -0.2
VEGI iShares MSCI Agriculture Producers ETF 0.2 39 19 7.7 +0.1
MOO VanEck Agribusiness ETF 0.2 53 5 9.2 +1.6
WDNA WisdomTree BioRevolution Fund 0.2 45 13 -2.2 -9.8
VT Vanguard Total World Stock ETF 0.2 6 52 5.0 -2.6
FDEM Fidelity Emerging Markets Multifactor ETF 0.2 25 33 10.4 +2.8
SHLD Global X Defense Tech ETF 0.2 50 8 3.1 -4.5
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -31 4.3 -3.3
ERTH Invesco MSCI Sustainable Future ETF 0.1 62 -4 3.0 -4.6
COPX Global X Copper Miners ETF 0.1 65 -7 4.3 -3.3
SETM Sprott Energy Transition Materials ETF 0.1 65 -7 1.7 -5.9
COPJ Sprott Junior Copper Miners ETF 0.1 75 -17 -1.4 -9.0
ICOP iShares Copper and Metals Mining ETF 0.1 47 11 5.6 -2.0
COPA Themes Copper Miners ETF 0.1 35 23 3.1 -4.5
LIT Global X Lithium & Battery Tech ETF 0.1 75 -17 5.0 -2.6
REMX VanEck Rare Earth/Strategic Metals ETF 0.1 54 4 2.7 -4.9
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.1 45 13 -0.9 -8.5
ION ProShares S&P Global Core Battery Metals ETF 0.1 58 0 5.9 -1.7
LIMI Themes Lithium & Battery Metal Miners ETF 0.1 35 23 2.8 -4.8
DIHP Dimensional International High Profitability ETF 0.1 29 29 5.8 -1.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 13 6.8 -0.8
RWO SPDR Dow Jones Global Real Estate ETF 0.1 50 8 6.3 -1.3
IHAK iShares Cybersecurity & Tech ETF 0.1 47 11 3.5 -4.1
TINY ProShares Nanotechnology ETF 0.1 58 0 1.3 -6.3
SPAM Themes Cybersecurity ETF 0.1 35 23 2.0 -5.5
DEW WisdomTree Global High Dividend Fund 0.1 58 0 7.2 -0.3
VIGI Vanguard International Dividend Appreciation ETF 0.1 10 48 6.1 -1.5
DFIV Dimensional International Value ETF 0.1 27 31 7.8 +0.2
FDHT Fidelity Digital Health ETF 0.1 39 19 1.7 -5.9
DRNZ REX Drone ETF 0.1 65 -7 -1.6 -9.2
TRFK Pacer Data and Digital Revolution ETF 0.0 60 -2 1.8 -5.8
AVIV Avantis International Large Cap Value ETF 0.0 25 33 7.0 -0.6
FAN First Trust Global Wind Energy ETF 0.0 60 -2 2.8 -4.8
INTF iShares International Equity Factor ETF 0.0 15 43 6.5 -1.1
GGME Invesco Next Gen Media and Gaming ETF 0.0 60 -2 4.4 -3.2
AWAY ETFMG Travel Tech ETF 0.0 76 -18 1.1 -6.5
GINN Goldman Sachs Innovate Equity ETF 0.0 52 6 3.7 -3.9
INQQ India Internet & Ecommerce ETF 0.0 86 -28 0.7 -6.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 16 4.0 -3.5
IQSI IQ Candriam International Equity ETF 0.0 15 43 5.6 -2.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.0 25 33 5.5 -2.1
BKIE BNY Mellon International Equity ETF 0.0 4 54 6.0 -1.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 38 5.9 -1.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.0 18 40 6.4 -1.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 WisdomTree Europe SmallCap Dividend Fund
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.7 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 58 bp
Equals: ALTAR Score 7.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.55 CATEGORY
AVERAGE		 1.64
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.