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Sunday, August 23, 2026The Morning Brief →Sign in

WisdomTree Emerging Markets Multifactor Fund

$38.07+0.35% today
294152-WK

The fund, an exchange traded fund ("ETF"), is actively managed using a model-based approach. Under normal circumstances, it will invest at least 80% of its net assets in equity securities of emerging markets. The advisor generally expects to invest in large- and mid-capitalization companies, but it may also invest in small-capitalization companies. The fund is non-diversified.

Price & daily flows
38.335.131.938.07DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +18.5% so far this year. At 0.48% a year it is not the cheapest way in — FLOW runs the same ground at 0.25%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$31Massets under management
0.48%expense ratio · $48 per $10,000 a year
net flow, trailing month
13Kavg daily volume, 30 days
16holdings · US-domiciled
2018listed August 9, 2018
Sector weights
Consumer Discretionary24.43%
Information Technology23.27%
Technology23.07%
Finance19.24%
Electronic Technology16.88%
Financial Services16.62%
Financials15.26%
Consumer Cyclical13.71%
Consumer Non-Cyclicals11.42%
Communication Services9.37%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Hong Kong30.02%
India27.45%
Taiwan20.05%
Taiwan, Province of China18.25%
China9.26%
South Korea8.47%
Brazil7.49%
Korea, Republic of6.54%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+0.3%
1 month+3.1%
3 months+1.0%
6 months+9.3%
YTD+18.5%
1 year+27.2%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
24%realized volatility, 30 days (annualized)
21%realized volatility, 1 year
-14.9%deepest fall from a peak, 1 year
-6.6%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

The case against EMMF

Due diligence cuts both ways. These funds sit on the same shelf and beat EMMF on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-44bp on fee · 1058× the assets · +$104M in over the monthHead-to-head
IEFA iShares Core MSCI EAFE ETF0.07%$193.2B+$631M-41bp on fee · 6251× the assets · +$631M in over the monthHead-to-head
IEMG iShares Core MSCI Emerging Markets ETF0.09%$160.6B+$1.9B-39bp on fee · 5198× the assets · +$1.9B in over the monthHead-to-head
IAGG iShares Core International Aggregate Bond ETF0.07%$11.4B+$739M-41bp on fee · 369× the assets · +$739M in over the monthHead-to-head
IXUS iShares Core MSCI Total International Stock ETF0.07%$46.2B-41bp on fee · 1495× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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