|Bid||27.65 x 1100|
|Ask||28.82 x 1100|
|Day's Range||28.24 - 28.46|
|52 Week Range||24.32 - 30.34|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||12.11%|
|Beta (3Y Monthly)||1.23|
|Expense Ratio (net)||0.32%|
Traditional emerging markets ETFs often feature substantial allocations to companies that are majority-owned by governments and that's not always a positive trait for investors. The WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) is an ETF dedicated to avoiding some the issues associated with owning state-controlled equities. XSOE seeks to track the price and yield performance of the WisdomTree Emerging Markets ex-State-Owned Enterprises Index.
As its name implies, XSOE is an emerging markets exchange traded fund that excludes state-owned enterprises (SOEs) from its lineup, an asset class that's prevalent in traditional developing markets strategies. XSOE's year-to-date performance is certainly tempting compared to basic emerging markets ETFs, but there are other reasons to consider the fund.
When it comes to the environmental, social and governance (ESG) investing phenomenon, many exchange traded funds in this universe are heavy on companies that excel at environmental stewardship, but many of those same firms may be lacking when it comes to the “S” and “G” in ESG. At first glance, the WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSE: XSOE) doesn't appear to be an ESG fund, but upon closer examination, XSOE has some credibility as a virtuous investment.
India is one of the largest emerging markets, a fact reflected by its almost 9.1 percent weight in the MSCI Emerging Markets Index, making it the fourth-largest country weight in that widely followed benchmark. ...
As ETF investors carefully look over the current market environment, many are considering equity and fixed-income strategies that could help diversify and enhance an investment portfolio in a more trying environment. On the recent webcast, Macro Strategies: Navigating Choppy Market Waters, Kevin Flanagan, Senior Fixed Income Strategist for WisdomTree, argued that supportive elements that previously bolstered the economy and U.S. markets are beginning to fade so investors should hold back expectations. While we continue to see the economy improve, with strong GDP, stable inflation and robust employment with rising wages, the economy is moving toward the later stages of the traditional business cycle and investors should take steps to adapt to the changes.
Investors looking to access higher growth areas of the Chinese economy while avoiding lumbering state-controlled companies have some ETFs to consider, including the WisdomTree China ex-State-Owned Enterprises Fund (CXSE) . CXSE tracks the WisdomTree China ex-State-Owned Enterprises Index (CHXSOE), which tracks Chinese companies that are not state-controlled. State owned enterprises are defined as government ownership of more than 20% of outstanding shares of companies, according to WisdomTree.