Investment objective & strategy
As of Aug. 1, 2025 · prospectusObjective. The WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (the Fund) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets ex-State-Owned Enterprises Index (the Index).
Strategy. The Fund employs a passive management or indexing investment approach designed to track the performance of the Index. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return, and other characteristics resemble the risk, return, and other characteristics of the Index as a whole. The Index is a modified float-adjusted market cap weighted index that consists of common stocks in emerging markets, excluding common stocks of state-owned enterprises. WisdomTree, Inc. (WisdomTree), as Index Provider, defines state-owned enterprises as companies with over 20% government ownership. The starting universe for the Index (the pre-screening universe) includes companies that: (i) conduct their Primary … The Fund employs a passive management or indexing investment approach designed to track the performance of the Index. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return, and other characteristics resemble the risk, return, and other characteristics of the Index as a whole. The Index is a modified float-adjusted market cap weighted index that consists of common stocks in emerging markets, excluding common stocks of state-owned enterprises. WisdomTree, Inc. (WisdomTree), as Index Provider, defines state-owned enterprises as companies with over 20% government ownership. The starting universe for the Index (the pre-screening universe) includes companies that: (i) conduct their Primary Business Activities and list its shares on a securities exchange operating in one or more of the following emerging market countries: Argentina, Brazil, Chile, China, Czech Republic, Hungary, India, Indonesia, Korea, Malaysia, Mexico, the Philippines, Poland, Russia, Saudi Arabia, South Africa, Taiwan, Thailand, or Turkey; (ii) have a float-adjusted market capitalization of at least $1 billion as of the screening date (float-adjusted means that the share amounts reflect only shares available to investors); (iii) have a median daily dollar trading volume of at least $100,000 for the three months preceding the screening date; and (iv) trade at least 250,000 shares per month or $25 million notional for each of the six months preceding the screening date. The country in which a company conducts its Primary Business Activities is determined based on one or more of the following factors: country of organization or incorporation, country in which a companys headquarters is located, the country to which a company has the greatest risk exposure, and the country from which a company generates the most significant portion of its revenue or to which it allocates the greatest resources. The Index is comprised of the companies in the pre-screening universe that are not state-owned enterprises as of the annual screening date. Securities are weighted in the Index based on a modified market cap weighting scheme that adjusts the weight of Index securities from each country to approximate the weight of securities from that country in the pre-screening universe (excluding any domestic listed Chinese securities). The weight of Index securities from a single country, however, will not be multiplied by a factor greater than three. After applying the foregoing country weight adjustment, should any sector have a weight that is 3% higher or lower than its pre-screening universe sector weight, such sectors weight will be adjusted by a factor so that the sectors weight is 3% higher or lower, respectively, than its pre-screening universe weight. Companies that are not state-owned, but are incorporated within countries that have relatively high government ownership among initial screening constituents, could potentially see higher weights than they would under a normal market cap weighting scheme. Companies that are not state-owned, but are incorporated within countries that have relatively low government ownership among initial screening constituents, could potentially see lower weights than they would under a normal market cap weighting scheme. The Index also may adjust the weight of individual constituents on the annual screening date based on certain quantitative thresholds or limits tied to key metrics of a constituent security, such as its market capitalization and trading volume. To the extent the Index reduces an individual constituents weight, the excess weight will be reallocated pro rata among the other constituents. Similarly, if the Index increases a constituents weight, the weight of the other constituents will be reduced on a pro rata basis to contribute the weight needed for such increase. The weight of a sector or individual constituent in the Index may fluctuate above or below specified caps and thresholds between rebalance dates in response to market conditions. WisdomTree, the Index Provider and parent company of WisdomTree Asset Management, Inc. (WisdomTree Asset Management or the Adviser), currently uses the Global Industry Classification Standard (GICS ), a widely recognized industry classification methodology developed by MSCI, Inc. and Standard & Poors Financial Services LLC, to identify the extent of the Indexs exposure to a sector or industry. A GICS sector typically is composed of multiple industries. Because the Fund seeks to track the Index, it is expected to have the same sector and industry exposure as the Index. While the Indexs and the Funds sector exposure may vary from time to time, as of June 30, 2025, the Index, and, therefore, the Fund, had significant exposure ( e.g. , approximately 15% or more of the Indexs total weight) to the Information Technology, Financials, and Consumer Discretionary Sectors. To the extent the Index is concentrated in the securities of companies assigned to a particular industry or group of industries, the Fund will seek to concentrate its investments ( i.e. , invest more than 25% of its assets) in such industry or group of industries to approximately the same extent as the Index. As of June 30, 2025, the equity securities of companies that conduct their Primary Business Activities in India, Taiwan, and China comprised a significant portion ( e.g. , approximately 15% or more of the Indexs total weight) of the Index, although the Indexs geographic exposure may change from time to time. As a result, the Fund can be expected to also have significant exposure to these countries and/or regions.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| TSMC | — | $212.50M | 12.10% |
| SAMSUNG ELECTRONICS CO LTD | — | $88.78M | 5.05% |
| TENCENT HOLDINGS LTD | — | $64.04M | 3.65% |
| BABA-W | — | $49.20M | 2.80% |
| SK HYNIX INC | — | $45.63M | 2.60% |
| AL RAJHI BANK | — | $25.94M | 1.48% |
| WISDOMTREE GOVERNMENT MONEY MARKET DIGITAL FUND | WTGXX | $23.30M | 1.33% |
| RELIANC-GDR 144A | RLNIY US | $19.13M | 1.09% |
| HDFC BANK LTD | — | $17.82M | 1.01% |
| MERCADOLIBRE INC | — | $16.23M | 0.92% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| PD Emerging Markets Index Portfolio | 67% | 0.80% |
| BNY Mellon Emerging Markets Equity ETF · BKEM | 67% | 0.11% |
| SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF · EEMX | 67% | 0.30% |
Advisers
| Firm | Role |
|---|---|
| Mellon Investments Corporation | Sub-adviser |
| WisdomTree Asset Management, Inc. | Adviser |
Footnotes
- Expense ratio as of August 1, 2025, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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