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ETFs

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

XSOE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 10 2014
Expense Ratio
0.32%
Type
Global Ex. US Equities
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$7,692,728
AUM
$2,064,667,074
Associated Index
WisdomTree Emerging Markets ex-State-Owned Enterprises Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

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Invest with XSOE

What is XSOE?

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets ex-State-Owned Enterprises Index. The WisdomTree Emerging Markets ex-State-Owned Enterprises Index measures the performance of emerging markets stocks that are not state owned enterprises. The index employs a modified float-adjusted market capitalization weighting process to target the weights of countries in the universe prior to the removal of state owned enterprises while also limiting sector deviations to 3% of the starting universe.

ETFs related toXSOE

ETFs correlated to XSOE include IEMG, EEM, EDC

XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF
JEMA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan ActiveBuilders Emerging Markets Equity ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity 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 toXSOE

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with XSOE using Composer

FAQ

XSOE is a Global Ex. US Equities ETF. WisdomTree Emerging Markets ex-State-Owned Enterprises Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets ex-State-Owned Enterprises Index. The WisdomTree Emerging Markets ex-State-Owned Enterprises Index measures the performance of emerging markets stocks that are not state owned enterprises. The index employs a modified float-adjusted market capitalization weighting process to target the weights of countries in the universe prior to the removal of state owned enterprises while also limiting sector deviations to 3% of the starting universe.

XSOE tracks the WisdomTree Emerging Markets ex-State-Owned Enterprises Index.

No, XSOE 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, XSOE 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 XSOE is -0.0206%. This is the percent change in the value of XSOE over the most recent 1-month period. The 3-month return on XSOE is -0.022%. This is the percent change in the value of XSOE over the most recent 3-month period.

The standard deviation of XSOE for the past year is 0.1934%. 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 XSOE include PBW, IGF, and ARKK.

ETFs correlated to XSOE include IEMG, EEM, and EDC.

ETFs that are inversely correlated to XSOE include EDZ, YANG, and EFZ.

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.