WisdomTree
Back to Fund How We Weight By Dividends

While the majority of ETFs are market cap-weighted — meaning they give more weight to companies selling at higher prices than those offering stronger fundamentals - WisdomTree has developed a proprietary index methodology designed to magnify the effect fundamentals have on risk and return characteristics.

The WisdomTree Dividend Indexes typically weight each stock eligible for inclusion by its share of the Dividend Stream®, defined as the sum of regular cash dividends paid by all the companies in the respective Index.

DWM

This ETF is designed to track the

WisdomTree DEFA Index,

which defines the dividend-paying segment of the developed world outside of the U.S. and Canada. Represents equity markets in 21 countries.

View Index Details

10 Largest Companies in WisdomTree DEFA Index

Ranked by Cash Dividends, as of May 31, 2012*
Rank in Index Company Name Dividend per Share Shares Outstanding (Billions) Dividend Amount (Billions of USD) Percent of Total Dividend Stream
1 China Mobile Ltd $0.43 20.07 $8.60 1.74%
2 HSBC Holdings PLC $0.46 17.87 $8.13 1.64%
3 Vodafone Group PLC $0.16 50.27 $8.01 1.62%
4 Telefonica S.A. $1.61 4.56 $7.34 1.48%
5 Commonwealth Bank of Australia $4.43 1.59 $7.05 1.43%
6 Westpac Banking Corp $2.24 3.05 $6.83 1.38%
7 Nestle S.A.-Reg $2.01 3.30 $6.62 1.34%
8 Total S.A. $2.82 2.35 $6.62 1.34%
9 Novartis AG-Reg $2.32 2.75 $6.36 1.29%
10 BP PLC $0.33 18.96 $6.31 1.28%
Top 10 Companies, Total Contributions $71.87 14.54%
WisdomTree DEFA Index: Total Dividend Stream $494.46 100.00%

Sources: WisdomTree, Bloomberg, S&P
Holdings subject to change.
Dividend Stream=Cash Dividends per Share x Shares Outstanding
Percent of Dividend Stream=Company Dividend Stream/Total Stream of All Companies

* The annual screening date for the WisdomTree International Dividend Equity Indexes is at the end of May.