RESD WisdomTree International ESG ETF
This is an actively managed fund that seeks capital appreciation. The Fund is actively managed using a model-based approach. The Fund seeks to achieve its investment objective by investing primarily in equity securities of issuers in developed markets excluding the United States and Canada that exhibit certain characteristics that the Adviser believes to be indicative of positive future returns as well as incorporating favorable environmental, social, and governance (“ESG”) characteristics based on a model developed by WisdomTree Asset Management. WisdomTree Asset Management employs a quantitative model to identify which securities the Fund might purchase and sell and opportune times for purchases and sales. Generally, the Fund’s portfolio will be rebalanced quarterly according to the Adviser’s quantitative model, although a more active approach may be taken depending on factors such as market conditions and investment opportunities, which may lead to frequent trading, cause the number of Fund holdings to vary, and increase the Fund’s portfolio turnover rate. WisdomTree Asset Management seeks to identify equity securities 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. In addition, WisdomTree Asset Management seeks to identify equity securities with positive ESG characteristics as determined by a company’s Sustainability score, which is a composite score based on independent third party ESG research and data and measures a company’s ESG impact along with its exposure to potential controversies. Securities of companies involved in certain controversial products or activities, such as tobacco, small arms, controversial weapons, and fossil fuels are excluded regardless of revenue measures. In addition, securities are weighted on a modified market-capitalization basis taking into consideration the Sustainability score (i.e., securities with a higher market capitalization and a higher Sustainability score are more heavily weighted).
Prior to March 16, 2020, the fund tracked the performance, before fees and expenses, of the WisdomTree Dynamic Currency Hedged International Quality DividendGrowth Index.
$26.80 +0.31 (1.16%)
As of 03/21/2023 16:00:00 EST IEX book CBOE book
ETF Information
Sponsor: Wisdom Tree
Category1: Global Equity
Category2: Developed markets ex-US
Category3: Socially responsible
Morningstar category:
Leverage factor: 1.00
Inception date: 11/03/2016
Current yield: 2.98%
Historical average yield: 1.16%
Market cap: $8,143,860
Average volume: 1,427
Fees: 0.3000%
Investment style: Actively managed
Factors used to select securities: