ETF Evaluator:
WisdomTree Emerging Markets Mltfctr ()
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(as of Aug 26)
Best Performing in Diversified Emerging Mkts Over the Last Year
| 114.0% | Nomura Focused Emerging Mrkts Eq ETF (EMEQ) |
| 81.0% | FT EM Human Flourishing ETF (FTHF) |
| 68.7% | First Trust Bloomberg Emr Mkt Dem ETF (EMDM) |
| 67.8% | Freedom 100 Emerging Markets ETF (FRDM) |
| 59.4% | Pacific NoS Global EM Equity Active ETF (GEME) |
Risk
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Risk
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ETF Details
WisdomTree Emerging Markets Mltfctr Overview
WisdomTree Emerging Markets Mltfctr (EMMF) is an actively managed International Equity Diversified Emerging Mkts exchange-traded fund (ETF). WisdomTree launched the ETF in 2018.
The investment seeks capital appreciation.
The fund invests, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in securities of emerging markets issuers and/or investments that have economic characteristics that are substantially similar to the economic characteristics of such securities. The fund manager generally expects to invest in large- and mid-capitalization companies, but the fund may also invest in small-capitalization companies. It is non-diversified.
About WisdomTree Emerging Markets Mltfctr (EMMF)
There are 5 members of the management team with an average tenure of 5.22 years: Marlene Walker-Smith (2020), David France (2021), Todd Frysinger (2021), Vlasta Sheremeta (2021) and Michael Stoll (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: MSCI EM NR USD index with a weighting of 100%. WisdomTree Emerging Markets Mltfctr has 245 securities in its portfolio. The top 10 holdings constitute 30.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
WisdomTree Emerging Markets Mltfctr is part of the Equity global asset class and is within the International Equity ETF group. WisdomTree Emerging Markets Mltfctr has 98.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 2.6% There is 98.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). WisdomTree Emerging Markets Mltfctr has -1.4% of the portfolio in cash.
Assets Under Management
The fund has $171 million in total assets, which is below the $3 billion average for the Diversified Emerging Mkts category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
EMMF Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The WisdomTree Emerging Markets Mltfctr expense ratio is average compared to funds in the Diversified Emerging Mkts category. WisdomTree Emerging Markets Mltfctr has an expense ratio of 0.48%, which is 7% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. WisdomTree Emerging Markets Mltfctr has a portfolio turnover rate of 100%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 44% for the Diversified Emerging Mkts category.
Recently, in the month of July 2026, WisdomTree Emerging Markets Mltfctr returned -4.1%, which earned it a grade of C, as the Diversified Emerging Mkts category had an average return of -3.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
WisdomTree Emerging Markets Mltfctr has a trailing yield of 2.02%, which is below the 2.41% category average.
The fund normally distributes its income quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
WisdomTree Emerging Markets Mltfctr Grades
Year to date, the ETF has returned 16.9%, 0.3 percentage points worse than the category, which translates into a grade of C. The fund has returned 30.1% over the past year (grade of C), 17.4% over the past three years (grade of C) and 10.1% per year over the past five years (grade of A).
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EMMF Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| EMMF Return (NAV) | -4.1% | 3.7% | 30.1% | 17.4% | 10.1% | na |
| EMMF Return (Price) | -6.2% | 0.7% | 29.3% | 16.8% | 9.9% | na |
| NAV +/- Price Return | 2.130% | 2.985% | 0.809% | 0.537% | 0.171% | na |
| Diversified Emerging Mkts Avg | -3.0% | 3.0% | 31.9% | 16.6% | 7.1% | 7.8% |
| EMMF Grade (NAV) | C | C | C | C | A | na |
| +/- Category (NAV) | -1.1% | 0.8% | -1.8% | 0.8% | 3.0% | na |
| EMMF Tax-Cost Ratio | na | na | 0.8% | 0.6% | 0.7% | na |
EMMF Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| EMMF Return (NAV) | 16.9% | 21.7% | 9.4% | 19.4% | -13.4% | 5.9% | 9.6% | 3.0% | na | na | na |
| EMMF Return (Price) | 15.9% | 21.2% | 9.4% | 20.6% | -13.5% | 6.0% | 9.3% | 2.3% | na | na | na |
| NAV +/- Price Ret | -0.060% | -0.022% | 0.006% | 0.063% | 0.004% | 0.010% | -0.039% | -23.2% | na | na | na |
| Diversified Emerging Mkts Avg | 17.1% | 29.2% | 6.7% | 12.8% | -18.8% | 2.3% | 12.7% | 18.2% | -14.6% | 33.7% | 10.9% |
| EMMF Grade (NAV) | C | D | B | A | A | B | D | F | na | na | na |
| +/- Category | -0.3% | -7.5% | 2.7% | 6.6% | 5.4% | 3.6% | -3.0% | -15.2% | na | na | na |
| Risk Measures | |
| Beta: | 0.89 |
| R-Squared: | 70% |
| Standard Deviation: | 14.8% |
| Category Risk Index: | 0.91 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 1.20 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 2.0% |
| Total Assets: | $ 172 Mil |
| Share Class Assets: | $ 172 Mil |
| Turnover: | 100.0% |
| Expense Ratio: | 0.48% |
| Index Fund: | No |
| Index Tracked: | MSCI EM NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 5.8 years | |||
| Average Tenure: 5.2 years | |||
| Managers (Year): Walker-Smith Marlene (2020), France David (2021), Frysinger Todd (2021), Sheremeta Vlasta (2021), Stoll Michael (2021) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 245 |
| % in Top 10 Holdings: | 30.9% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 98.8% |
Portfolio Allocation |
|
| Domestic Stock: | 2.6% |
| Foreign Stock: | 98.8% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | -1.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | WisdomTree |
| Phone Number: | 866-909-9473 |
| Website: | www.wisdomtree.com |
| Inception Date: | August 10, 2018 |
Expenses and Fees
| Expense Ratio (%): | 0.48% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.52% |
