DWMF: WISDOMTREE INTERNATIONAL MULTIFACTOR FUND
ETF Education Report: WisdomTree International Multifactor Fund (DWMF)
What this ETF is trying to do
The WisdomTree International Multifactor Fund (DWMF) is an exchange-traded fund (ETF). While the specific strategy isn't detailed in the data, it holds a variety of international companies. Based on its top holdings, it includes large businesses from different sectors like technology, banking, and energy.
What the numbers show
When looking at an ETF, it is important to understand two different types of returns: price return and total return.
• Price Return: This only measures how much the share price has changed.
• Total Return: This includes both the change in share price *and* any cash distributions (dividends) paid out to investors.
For DWMF, the numbers show:
• Year-to-Date (YTD): The price return is approximately 1.41%, while the total return is higher at approximately 3.83%.
• One Year: The price return was approximately 4.04%, and the total return was approximately 7.13%.
• Three Years: The price return was approximately 35.32%, and the total return was approximately 48.77%.
To give you an idea of price movement, the estimated price from roughly one year ago was $31.72. The current price is approximately $33.00.
Income and distribution explanation
Some investors look for ETFs that pay out cash, known as distributions. DWMF has a distribution yield of approximately 2.97%. This means the cash paid out is about 2.97% of the ETF's price. This fund usually pays out quarterly, with 4 payments recorded over the last 12 months.
It is important to remember that a high distribution yield is not the same as total return. While distributions provide cash, they are separate from the growth of the share price.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases significantly. Investors often watch for this because they want to keep their original investment (the principal) stable.
StockValueFinder uses an erosion-risk score to measure this risk. DWMF has an erosion score of 94, which is labeled as "Stable / sideways." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Top Holdings
The following are the top holdings in this fund (note that this list is partial):
• ASML Holding NV (2.33%)
• Intercontinental Hotels Group PLC (1.53%)
• HSBC Holdings PLC (1.39%)
• Novartis AG Registered Shares (1.38%)
• Avolta AG (1.36%)
• Advantest Corp (1.04%)
• Banco Santander SA (1.01%)
• BHP Group Ltd (1.01%)
• Shell PLC (1.01%)
• Allianz SE (0.91%)
Pros
• The fund shows a history of positive total returns over one, three, and five years.
• The erosion-risk score suggests the fund's value has been relatively stable.
Cons
• The price return is lower than the total return, meaning a portion of the overall value comes from distributions rather than just share price growth.
Beginner takeaway
When studying DWMF, notice the difference between the share price movement and the total return. Because this fund pays distributions, the total return is higher than the price return alone. Always look at both numbers to see the full picture of how an ETF has performed.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ASML HOLDING NV | n/a | 2.45% |
| 2 | INTERCONTINENTAL HOTELS GROUP PLC | n/a | 1.54% |
| 3 | AVOLTA AG | n/a | 1.36% |
| 4 | NOVARTIS AG REGISTERED SHARES | n/a | 1.36% |
| 5 | HSBC HOLDINGS PLC | n/a | 1.35% |
| 6 | ADVANTEST CORP | n/a | 1.18% |
| 7 | SHELL PLC | n/a | 1.05% |
| 8 | BHP GROUP LTD | n/a | 1.03% |
| 9 | BANCO SANTANDER SA | n/a | 0.97% |
| 10 | TOKYO ELECTRON LTD | n/a | 0.92% |