ETF Evaluator:
WisdomTree US SmallCap Earnings ETF (EES)
Follow This ETF
(as of Jul 31)
Best Performing in Small Value Over the Last Year
| 46.7% | Harbor SMID Cap Value ETF (EPSV) |
| 45.4% | EA Bridgeway Omni Small-Cap Value ETF (BSVO) |
| 44.7% | Invesco S&P SmallCap 600® Pure Value ETF (RZV) |
| 43.5% | Avantis US Small Cap Equity ETF (AVSC) |
| 43.0% | Vanguard Russell 2000 Value ETF (VTWV) |
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Risk
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ETF Details
WisdomTree US SmallCap Earnings ETF Overview
WisdomTree US SmallCap Earnings ETF (EES) is a passively managed U.S. Equity Small Value exchange-traded fund (ETF). WisdomTree launched the ETF in 2007.
The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. SmallCap Index.
Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that is comprised of earnings-generating companies within the small-capitalization segment of the U.S. stock market. The fund is non-diversified.
About WisdomTree US SmallCap Earnings ETF (EES)
There are 5 members of the management team with an average tenure of 5.14 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 2 primary benchmarks: MSCI USA IMI NR USD index with a weighting of 100% and Russell 2000 TR USD index with a weighting of 100%. WisdomTree US SmallCap Earnings ETF has 889 securities in its portfolio. The top 10 holdings constitute 7.2% 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 US SmallCap Earnings ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. WisdomTree US SmallCap Earnings ETF has 2.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.7% There is 2.3% 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 US SmallCap Earnings ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $724 million in total assets, which is below the $2 billion average for the Small Value 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.
EES 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 US SmallCap Earnings ETF expense ratio is below average compared to funds in the Small Value category. WisdomTree US SmallCap Earnings ETF has an expense ratio of 0.38%, which is 20% 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 US SmallCap Earnings ETF has a portfolio turnover rate of 48%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 61% for the Small Value category.
Recently, in the month of June 2026, WisdomTree US SmallCap Earnings ETF returned 6.5%, which earned it a grade of A, as the Small Value category had an average return of 4.6%. 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 US SmallCap Earnings ETF has a trailing yield of 1.13%, which is below the 1.78% category average.
The fund normally distributes its income quarterly and its capital gains annually.
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 US SmallCap Earnings ETF Grades
Year to date, the ETF has returned 20.4%, 2.3 percentage points better than the category, which translates into a grade of C. The fund has returned 35.0% over the past year (grade of B), 16.4% over the past three years (grade of C) and 8.2% per year over the past five years (grade of C) and 11.5% per year over the past 10 years (grade of B).
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EES Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| EES Return (NAV) | 6.5% | 17.6% | 35.0% | 16.4% | 8.2% | 11.5% |
| EES Return (Price) | 6.0% | 17.2% | 34.7% | 16.4% | 8.1% | 11.5% |
| NAV +/- Price Return | 0.500% | 0.330% | 0.239% | 0.043% | 0.091% | 0.032% |
| Small Value Avg | 4.6% | 13.4% | 30.2% | 15.0% | 8.0% | 10.5% |
| EES Grade (NAV) | A | A | B | C | C | B |
| +/- Category (NAV) | 1.9% | 4.2% | 4.8% | 1.4% | 0.2% | 1.0% |
| EES Tax-Cost Ratio | na | na | 0.4% | 0.4% | 0.4% | 0.4% |
EES Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| EES Return (NAV) | 20.4% | 6.9% | 9.9% | 18.4% | -16.2% | 34.4% | 2.8% | 21.9% | -10.0% | 12.6% | 30.0% |
| EES Return (Price) | 19.8% | 7.0% | 9.9% | 18.5% | -16.2% | 34.4% | 3.0% | 21.7% | -10.1% | 12.4% | 30.3% |
| NAV +/- Price Ret | -0.032% | 0.009% | -0.001% | 0.005% | 0.000% | 0.000% | 0.082% | -1.1% | 1.4% | -1.2% | 1.2% |
| Small Value Avg | 18.1% | 6.8% | 7.8% | 17.3% | -10.6% | 32.4% | 3.3% | 21.6% | -12.0% | 9.8% | 29.7% |
| EES Grade (NAV) | C | C | B | C | F | B | C | C | B | A | D |
| +/- Category | 2.3% | 0.2% | 2.1% | 1.2% | -5.6% | 1.9% | -0.5% | 0.4% | 2.1% | 2.7% | 0.2% |
| Risk Measures | |
| Beta: | 1.04 |
| R-Squared: | 47% |
| Standard Deviation: | 19.9% |
| Category Risk Index: | 1.07 |
| Category Risk Rating: | Above Average |
| Total Risk Index: | 1.63 |
| Total Risk Rating: | Above Average |
| Portfolio Characteristics | |
| Yield: | 1.1% |
| Total Assets: | $ 724 Mil |
| Share Class Assets: | $ 724 Mil |
| Turnover: | 48.0% |
| Expense Ratio: | 0.38% |
| Index Fund: | Yes |
| Index Tracked: | MSCI USA IMI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 5.7 years | |||
| Average Tenure: 5.1 years | |||
| Managers (Year): Walker-Smith Marlene (2020), France David (2021), Frysinger Todd (2021), Sheremeta Vlasta (2021), Stoll Michael (2021) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 889 |
| % in Top 10 Holdings: | 7.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 2.3% |
Portfolio Allocation |
|
| Domestic Stock: | 97.7% |
| Foreign Stock: | 2.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | WisdomTree |
| Phone Number: | 866-909-9473 |
| Website: | www.wisdomtree.com |
| Inception Date: | February 23, 2007 |
Expenses and Fees
| Expense Ratio (%): | 0.38% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.47% |
