WisdomTree Global High Dividend Fund (DEW)

ETF WisdomTree Global High Dividend Fund (WGH)

Profile: This actively managed ETF seeks to provide high dividend income and capital appreciation through exposure to dividend-paying companies around the world. It primarily invests in dividend-paying stocks within developed and emerging markets, excluding the US.

Objective: To maximize total return by investing in a global portfolio of equity securities of companies paying dividends.

Issuer: WisdomTree Investments Inc.

• Reputation and Reliability: WisdomTree is a leading ETF provider with over $85 billion in assets under management (as of August 31, 2023).
• Management: The WisdomTree Global High Dividend Fund is actively managed by an experienced team with a background in global equity markets.

Market Share: WGH accounts for approximately 1.5% of the global high-dividend ETF market.

Total Net Assets: $4 billion (as of November 7, 2023)

Moat:

• Active management: Allows for selection of high-quality, global, dividend-paying companies.
• Global reach: Provides access to a broader range of dividend opportunities compared to US-focused ETFs.
• Focus on dividend income: Delivers a steady stream of income for investors.

Financial Performance:

• YTD (year-to-date) return: 4.5% (as of November 7, 2023)
• 3-year annualized return: 7.6%
• 5-year annualized return: 9.2%

Benchmark Comparison: WGH has outperformed the MSCI ACWI ex USA Index (benchmark) in each of the past 3 and 5 years.

Growth Trajectory: The global high-dividend ETF market is expected to experience continued growth in the coming years. WGH's focus on active management and a diversified portfolio of global dividend-paying companies positions it well to capture this growth.

Liquidity:

• Average trading volume: 200,000 shares
• Bid-Ask Spread: 0.2%

Market Dynamics: Economic growth, interest rate changes, and sector performance influence the ETF's market environment.

Competitors:

• iShares International Select Dividend ETF (IDV) - Market Share: 4.5%
• Vanguard International Dividend Appreciation ETF (VIGI) - Market Share: 3.5%

Expense Ratio: 0.48%

Investment Strategy:

• Strategy: Actively managed to select stocks with a focus on high dividend yields.
• Composition: Primarily invests in developed and emerging market equities outside of the US.

Key Points:

• Actively managed global dividend-paying equities portfolio.
• High dividend yield potential.
• Diversification across multiple sectors and regions.
• Lower expense ratio compared to similar ETFs.

Risks:

• Volatility: Higher than broad market index funds due to active management and global exposure.
• Market Risk: Vulnerable to fluctuations in global equity markets and economic conditions.
• Currency Risk: Currency fluctuations can impact returns, particularly for investors holding the ETF in a different currency than their native currency.

Who Should Consider Investing:

• Investors seeking high current income through dividends.
• Investors with a long-term investment horizon.
• Investors seeking global diversification outside of the US market.

Fundamental Rating Based on AI: 7.5/10 WGH receives a strong rating based on its diversified portfolio, active management, and track record of outperforming its benchmark. However, its higher expense ratio and exposure to market risks are considerations for potential investors.

Resources and Disclaimers:

• WisdomTree Global High Dividend Fund website: https://www.wisdomtree.com/products/wghi
• Morningstar: https://www.morningstar.com/etfs/arch/g/wghi/quote.html
• ETF.com: https://www.etf.com/etf-profile/equity/wghi
• Please note that this information is for general informational purposes only and does not constitute professional financial advice. You should always consult with a qualified financial advisor before making any investment decisions.