WTRE

WisdomTree New Economy Real Estate Fund

WTRE tracks a tier-weighted index of global real estate companies that have direct and/or indirect exposure to technology, sciences, or e-commerce. Holdings are selected based on a proprietary technology score and a leverage screening.


Rules-Based, Concentrated

MANAGEMENT MATRIX

DTRE

CLOSEST COMP

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorWisdomTree
CategoryGlobal Equities
Asset classEquity
Websitelink...
Inception dateJun 05, 2007
Assets (mns)$24
Expense ratio58 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionFundamental
WeightingTiered
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
DIGITAL REALTY TRUST INC 5.4 %
CELLNEX TELECOM S.A. 4.9 %
EQUINIX INC 4.8 %
CHINA TOWER CORP. LTD. CLASS H 4.7 %
IRON MOUNTAIN INC 4.5 %
GOODMAN GROUP 4.5 %
PROLOGIS INC 4.4 %
AMERICAN TOWER CORP-CL A 4.2 %
AIRBNB, INC. CLASS A 4.2 %
SBA COMMUNICATIONS CORP. CLASS A 4.1 %
Constituent Breakdown
Number of holdings51
Herfindahl-Hirschman Index 327
Wgt avg mkt cap (mns)$25,962
Large cap (>$10bn)65.2%
Mid cap ($2-10bn)31.8%
Small cap (<$2bn)2.9%
Developed mkts.99.9%
Emerging mkts.0.1%
Country Exposure
UNITED STATES 60.2 %
AUSTRALIA 6.7 %
BRITAIN 5.8 %
SINGAPORE 5.4 %
SPAIN 4.9 %
JAPAN 4.8 %
CHINA 4.7 %
CANADA 2.7 %
BELGIUM 1.3 %
ITALY 1.2 %
Historical Performance


Standardized Annual Returns (as of 05/31/2023)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
0.2% -16.9% -19.8% -7.3% -8.5% -0.9% -1.3%
Market Correlations
versus...BetaR-squared
S&P 5000.000%
MSCI EAFE0.000%
MSCI Emg Mkts0.000%
Liquidity Measures
Avg. volume (000)3
Turnover0.2%
Avg. Bid/Ask (% of price)0.37%
ADV of underlying (mns)$2,209
Technical Indicators
Recent close$16.95
30d moving avg.$16.77
Annualized volatility0.0%
Relative strength (RSI)51
Short interest (ETF)5.3%
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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Risk and Returns: WTRE vs. Comps (1 YR)

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Results & Estimates
  2018 2019 2020 2021 2022 2023E 2024E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
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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 --%
5.4 18.4 1.6 3.5% --
Based on closing prices from 6/7/2023
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
WTRE



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™

WTRE

4.9%

Cat. Avg

3.9%

Fund Category: Global Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™4.9%
Recommendation

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

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%. WTRE's ALTAR Score™ is approximately 0.2 standard deviations above the category average. This places WTRE in the 58th percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
WTRE
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown

 

Market Activity
Latest price
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Volume
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Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
WTRE 58.0 37.0 95
Peer Avg. -- -- --
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .
Fundamental data for individual fund constituents sourced from FactSet Research Systems.