PLAT
WisdomTree Modern Tech Platforms Fund
The WisdomTree Modern Tech Platforms Fund seeks to track the investment results of mid and large-cap companies on a U.S. or European stock exchange that are generating substantial revenue from a modern platform business.
Fund Basics
Fund sponsor | WisdomTree |
Category | Global Equities |
Asset class | Equity |
Website | link... |
Inception date | May 22, 2019 |
Assets (mns) | $11 |
Expense ratio | 20 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Proprietary |
Weighting | Equal |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
MICROSOFT CORP | 11.2 % |
APPLE INC | 11.1 % |
ALPHABET INC. CLASS A | 9.6 % |
AMAZON.COM INC | 7.5 % |
META PLATFORMS INC | 6.0 % |
VISA INC-CLASS A SHARES | 4.1 % |
MASTERCARD INC-CLASS A | 3.1 % |
SALESFORCE.COM INC | 2.4 % |
ACV AUCTIONS, INC. CLASS A | 2.1 % |
UBER TECHNOLOGIES, INC. | 2.0 % |
Constituent Breakdown
Number of holdings | 52 |
Herfindahl-Hirschman Index | 526 |
Wgt avg mkt cap (mns) | $968,728 |
Large cap (>$10bn) | 82.8% |
Mid cap ($2-10bn) | 13.4% |
Small cap (<$2bn) | 3.8% |
Developed mkts. | 95.4% |
Emerging mkts. | 4.6% |
Country Exposure
UNITED STATES | 86.8 % | |
CHINA | 3.9 % | |
BRITAIN | 1.6 % | |
ARGENTINA | 1.6 % | |
LUXEMBOURG | 1.3 % | |
NORWAY | 0.8 % | |
GERMANY | 0.8 % | |
ISRAEL | 0.5 % | |
NETHERLANDS | 0.5 % |
Historical Performance
Standardized Annual Returns (as of 05/31/2023)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
22.8% | 5.2% | -18.1% | 0.7% | -- | -- | 6.0% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.19 | 71% |
MSCI EAFE | 1.05 | 56% |
MSCI Emg Mkts | 1.00 | 52% |
Liquidity Measures
Avg. volume (000) | 1 |
Turnover | 0.3% |
Avg. Bid/Ask (% of price) | 0.51% |
ADV of underlying (mns) | $39,163 |
Technical Indicators
Recent close | $31.28 |
30d moving avg. | $29.65 |
Annualized volatility | 25.4% |
Relative strength (RSI) | 64 |
Short interest (ETF) | 0.7% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. PLAT |
Expenses vs. PLAT |
ALTAR Score™ vs. PLAT |
---|---|---|---|---|
QGRW | WisdomTree U.S. Quality Growth Fund | 50.0% | +8 bp | +3.6% |
GRZZ | Grizzle Growth ETF | 46.5% | +55 bp | +5.3% |
FBCG | Fidelity Blue Chip Growth ETF | 45.3% | +39 bp | +1.3% |
IGM | iShares Expanded Tech Sector ETF | 43.6% | +20 bp | +3.5% |
MGK | Vanguard Mega Cap Growth ETF | 41.5% | -13 bp | +3.4% |
SCHG | Schwab U.S. Large-Cap Growth ETF | 41.3% | +20 bp | +3.1% |
EGUS | iShares ESG Aware MSCI USA Growth ETF | 40.5% | -5 bp | +3.4% |
VUG | Vanguard Growth Index Fund | 39.3% | -16 bp | +3.4% |
XLG | Invesco S&P 500 Top 50 ETF | 39.1% | 0 bp | +4.0% |
TMFC | Motley Fool 100 Index ETF | 39.0% | +30 bp | +3.3% |
Risk and Returns: PLAT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2022 | 2023E | Fwd Est | 2024E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 6/2/2023
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
PLAT
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
PLAT
0.7%
Cat. Avg
3.9%
Fund Category: Global Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 0.7% |
Recommendation
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
Category Overview
There are 343 funds in the Global Equities category, with an average ALTAR Score™
of 3.9% and a standard deviation of
4.9%. PLAT's ALTAR Score™ is approximately
0.7 standard deviations
below
the category average. This places PLAT in the 26th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
PLAT
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
Change | |
Volume | |
Bid/Ask Spread | |
Update |
Today's Trading
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Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
PLAT | 20.0 | 50.5 | 70.5 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .