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ETFs

WisdomTree Global ex-US Quality Dividend Growth Fund

DNL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 16 2006
Expense Ratio
0.42%
Type
Global Ex. US Equities
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$2,058,679
AUM
$554,917,402
Associated Index
WisdomTree Global ex-U.S. Quality Dividend Growth Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

2330
TAIWAN SEMICONDUCTOR MANUFAC
8.73%
MC
LVMH MOET HENNESSY LOUIS VUI
5.29%
UNLYF
Unilever plc
4.01%
NOVOB
NOVO NORDISK A/S-B
3.94%
NESN
Nestle SA
3.93%
GSK
GSK PLC
3.93%
ASML
ASML HOLDING NV
3.12%
SAP
Sap AG
3.07%
700
Tencent Holdings Ltd.
2.76%
ABBN
ABB Ltd.
2.27%
Invest with DNL

What is DNL?

The WisdomTree Global ex-U.S. Quality Dividend Growth Index is a fundamentally weighted index that measures the performance of dividend paying stocks with growth characteristics in the developed and emerging markets outside of the United States. The primary starting screening universe for this index is the constituents of the WisdomTree Global ex-U.S. Dividend Index with market capitalization of at least $2 billion. The Index is comprised of the 300 companies in this universe that have the best combined rank of growth and quality factors. The growth factor ranking is based on long-term earnings growth expectations, while the quality factor ranking is based on three year historical averages for return on equity and return on assets. Companies are weighted in the Index based on annual cash dividends paid.

ETFs related toDNL

ETFs correlated to DNL include IQDG, IQLT, ACWX

DNL
WisdomTree Trust - WisdomTree Global ex-U.S. Quality Dividend Growth Fund
IQDG
WisdomTree Trust - WisdomTree International Quality Dividend Growth Fund
IQLT
BlackRock Institutional Trust Company N.A. - iShares MSCI Intl Quality Factor ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
DIHP
Dimensional ETF Trust - Dimensional International High Profitability ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDNL

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

#DAVID

Copy David Swensen

Category

Classic, Copy the Greats

Risk Rating

Moderate

Create your own algorithmic trading strategy with DNL using Composer

FAQ

DNL is a Global Ex. US Equities ETF. The WisdomTree Global ex-U.S. Quality Dividend Growth Index is a fundamentally weighted index that measures the performance of dividend paying stocks with growth characteristics in the developed and emerging markets outside of the United States. The primary starting screening universe for this index is the constituents of the WisdomTree Global ex-U.S. Dividend Index with market capitalization of at least $2 billion. The Index is comprised of the 300 companies in this universe that have the best combined rank of growth and quality factors. The growth factor ranking is based on long-term earnings growth expectations, while the quality factor ranking is based on three year historical averages for return on equity and return on assets. Companies are weighted in the Index based on annual cash dividends paid.

DNL tracks the WisdomTree Global ex-U.S. Quality Dividend Growth Index.

DNL dividend information: Dividend - Regular Payors. Dividend payouts may vary in terms of frequency of payouts.

No, DNL is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DNL is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DNL is -0.0368%. This is the percent change in the value of DNL over the most recent 1-month period. The 3-month return on DNL is 0.0173%. This is the percent change in the value of DNL over the most recent 3-month period.

The standard deviation of DNL for the past year is 0.2146%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DNL include PID, DLS, and DXJ.

ETFs correlated to DNL include IQDG, IQLT, and ACWX.

ETFs that are inversely correlated to DNL include EPV, EDZ, and SPDN.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.