XSOE/XSOPWisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF - USD Acc
ISIN: IE00BM9TSP270.32%
Total expense ratio (TER)
As of 02/07/2026
23 August 2021
Inception Date
US$22,836,940
Fund AUM
As of 02/07/2026
USD
Base currency
Overview
Product Description
The Fund seeks to track the price and yield performance, before fees and expenses of the WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened Index. Learn more about the Index that XSOE is designed to track.
Why XSOE/XSOP?
- Gain diversified exposure to non-state-owned emerging market equity which meet WisdomTree’s ESG (environmental, social and governance) criteria
- Use to complement emerging market exposure while neutralising companies potentially influenced by government decisions
- The ETF is physically backed and UCITS compliant
Potential Risks
- Although the Index was created to select companies with a relatively low government ownership exposure, there is no guarantee this objective will be achieved
- An investment in equities may experience high volatility and should be considered as a longer term investment
- Investment risk may be concentrated in specific sectors, countries, companies or currencies
- This list does not cover all risks-further risks are disclosed in the KIID and Prospectus
Articles and Research Papers
Aneeka Gupta
What's Hot: The geopolitical turning point for Europe and Japan
The Iran-US MOU marks a turning point for European and Japanese equities. With geopolitical risk unwinding, economic surprise indices improving, ECB policy easing, and Germany's defence spending accelerating, Europe's re-rating is underway. Japan benefits from AI supply chain breadth, the Bank of Japan's gradual policy normalisation, the resumption of trade following Middle East disruptions, and energy cost relief. WisdomTree offers compelling, cost-effective access to both opportunities.
- Equities
- Europe / Eurozone
- Japan
- US
Mobeen Tahir
Renewable energy is catching a second wind
Back in 1973, an oil shock changed the way the world thought about energy. More than fifty years later, geopolitical tensions, rising electricity demand from artificial intelligence (AI) and record renewable energy deployment are once again putting the sector in the spotlight. This blog explores why renewable energy is catching a second wind, how China is driving much of the growth, and why some emerging technologies may finally have found their moment. Investors, it seems, are keen to make hay while the sun is shining.
- Energy Transition
- Megatrends
- Equities
Ayush Babel
What’s Hot – Rules Over Headlines: A Different Approach to Growth Investing
Rules and methodologies should consistently and transparently reflect the investment goal of their index. With the recent focus on SpaceX IPO, this principle is being rediscovered by investors. The WisdomTree US Quality Growth UCITS Index offers a consistent way to invest in US Growth. Discover how its focus on profitability and growth creates a differentiated portfolio and has outperformed major growth benchmarks since inception.
- Equities
- Quality
Aneeka Gupta
Beijing Without Breakthroughs: What the Trump–Xi Summit Means for Investors
The Trump–Xi Beijing summit delivered managed stability, not structural change. Technology, critical minerals and Taiwan remain unresolved. For investors, two themes stand out: Western supply chain diversification in strategic metals and rare earths, and durable agricultural commodity exposure driven by food security and climate risk, not diplomacy.
- Broad Commodities
- Commodities
- Equities
- US
Fund Overview
| Product Overview | As of 02/07/2026 |
|---|---|
| ISIN | IE00BM9TSP27 |
| Asset Class | Equities |
| Base Currency | USD |
| Inception Date | 23 August 2021 |
| Currency Hedged | No |
| Dividend Frequency | N/A |
| Use of Income | Accumulating |
| Net Asset Value | As of 02/07/2026 |
|---|---|
| NAV | US$32.624 |
| Daily Change | -US$0.657 |
| Daily return | -1.975% |
| Total AUM of fund | US$22,836,940 |
| Issuer AUM | US$16,793,484,483 |
Structure
| Structure | As of 02/07/2026 |
|---|---|
| Legal Form | Irish Collective Asset-management Vehicle (ICAV) |
| Structure | Open-ended Exchange Traded Fund |
| Replication Method | Physical (optimised) |
| Domicile | Ireland |
| Issuer | WisdomTree Issuer ICAV |
| Financial Year End | 31 December |
| UCITS Compliant | Eligible |
| Further Legal and Tax Information | As of 02/07/2026 |
|---|---|
| ISA | Eligible |
| SIPP | Eligible |
| UCITS Eligible | Yes |
| UK Reporting Status | Yes |
| PEA Eligible | No |
Key Service Providers
| Key Service Providers | As of 02/07/2026 |
|---|---|
| Custodian | The Bank of New York Mellon SA/NV, Dublin Branch |
| Administrator | BNY Mellon Fund Services (Ireland) Designated Activity Company |
| Auditor | Deloitte Ireland LLP |
| Fund Manager | Irish Life Investment Managers |
| Fees | As of 02/07/2026 |
|---|---|
| Total expense ratio (TER) | 0.32% |
Registered Countries
Market Capitalisation
| Market Capitalisation | As of 02/07/2026 |
|---|---|
| Total Market Capitalisation ($ Trillion) | 15.85 |
| Fund MarketCap Breakdown | |
| Large Cap (> $10 Billion) | 83.51% |
| Mid Cap (≥ $2 Billion and ≤ $10 Billion) | 15.84% |
| Small Cap (< $2 Billion) | 0.64% |
| Fund characteristic | As of 02/07/2026 |
|---|---|
| *Dividend Yield | 1.62% |
| Price/Earnings | 21.41 |
| Estimated Price/Earnings | 13.09 |
| Price/Book | 2.95 |
| Price/Sales | 2.04 |
| Price/Cash Flow | 13.75 |
| Gross Buyback Yield | 0.40% |
| Net Buyback Yield | -0.06% |
*Calculated using dividend income received. In the case of accumulating share classes, dividend income is accumulated by the fund. In the case of distributing share classes, dividend income is distributed to investors.
Holdings
As of 02/07/2026
| Name | Weight (%) |
|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 10.34 |
| Samsung Electronics Co Ltd | 7.2 |
| SK Hynix Inc | 5.64 |
| Alibaba Group Holding Ltd | 2.41 |
| MediaTek Inc | 1.81 |
| Al Rajhi Bank | 1.13 |
| Reliance Industries Ltd | 0.99 |
| Hdfc Bank Limited | 0.99 |
| Bharti Airtel Ltd | 0.92 |
| Delta Electronics Inc | 0.88 |
| Remaining Portfolio | 67.67 |
*Holdings are subject to change without notice.
Sector Breakdown
As of 02/07/2026
| Name | Weight (%) |
|---|---|
Information Technology | 40.64 |
Financials | 16.1 |
Consumer Discretionary | 12.52 |
Industrials | 8.62 |
Communication Services | 5.61 |
Materials | 4.74 |
Health Care | 4.44 |
Consumer Staples | 3.69 |
Energy | 1.45 |
| Real Estate | 1.15 |
Utilities | 1 |
*Sectors are subject to change without notice
Country Allocation
| Country | Weight (%) |
|---|---|
| Taiwan | 25.04% |
| South Korea | 21.55% |
| China | 18.38% |
| India | 15.39% |
| South Africa | 3.80% |
| Saudi Arabia | 2.75% |
| Brazil | 2.63% |
| Mexico | 2.30% |
| Thailand | 1.51% |
| Poland | 1.14% |
| Malaysia | 1.12% |
| United States | 1.10% |
| Indonesia | 0.77% |
| Turkey | 0.60% |
| Chile | 0.47% |
| Hungary | 0.41% |
| Philippines | 0.35% |
| Hong Kong | 0.35% |
| Czech Republic | 0.17% |
| Netherlands | 0.08% |
| Argentina | 0.06% |
| Unknown | 0.04% |
Listings & Codes
| Country | Exchange | Trading Currency | Exchange Ticker | Bloomberg Ticker | RIC | SEDOL | ISIN | WKN | Listing Date |
|---|---|---|---|---|---|---|---|---|---|
| LSE | USD | XSOE | XSOE LN | XSOE.L | BKSH8J7 | IE00BM9TSP27 | A2QPTX | 23/08/2021 | |
| LSE | GBX | XSOP | XSOP LN | XSOP.L | BNKBJH3 | IE00BM9TSP27 | A2QPTX | 23/08/2021 | |
| Borsa Italiana | EUR | XSOE | XSOE IM | XSOE.MI | BNKBJG2 | IE00BM9TSP27 | A2QPTX | 23/08/2021 | |
| Xetra | EUR | XSOE | XSOE GY | XSOE.DE | BNKBJF1 | IE00BM9TSP27 | A2QPTX | 23/08/2021 | |
| SIX | USD | XSOE | XSOE SW | XSOE.S | BNBR248 | IE00BM9TSP27 | A2QPTX | 08/11/2021 | |
| BMV | USD | XSOE1 | XSOE1N MM | XSOE.MX | BLFJZ14 | IE00BM9TSP27 | A2QPTX | 16/12/2021 |
Recent Distributions
| Ex-Dividend Date | Record Date | Payable Date | Ordinary Income | Short Term Capital Gains | Long Term Capital Gains | Return of Capital | Total Distribution |
|---|---|---|---|---|---|---|---|
| 03/04/2025 | 04/04/2025 | 17/04/2025 | US$0.00000 | US$0.00000 | US$0.00000 | US$0.00000 | US$0.00000 |
Index Details
WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened Index
The Index is designed to track the performance of emerging markets stocks that are not state-owned enterprises, which is defined as government ownership of more than 20% of outstanding shares of companies. The Index also excludes companies which do not meet WisdomTree’s ESG (environmental, social and governance) criteria.
The Index employs a modified float-adjusted market capitalization weighting process to target the weights of countries in the universe prior to the removal of state-owned enterprises while also limiting sector deviations to 3% of the starting universe.
| Index Details | |
|---|---|
| Index Name | WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened Index |
| Currency | USD |
| Index Provider | WisdomTree, Inc. |
| Bloomberg Ticker | EMXSOEUT |
Documents and Links
Responsible Investing
SFDR Disclosure
The EU Sustainable Finance Disclosures Regulation (SFDR) took effect on 10 March 2021 as part of the EU Action Plan on Sustainable Finance. The SFDR lays down harmonised sustainability related disclosure rules for EU financial market participants and advisors and requires certain sustainability disclosures to be made for financial products which promote environmental or social characteristics (Article 8 SFDR) and funds which have a sustainable investment objective (Article 9 SFDR).
There are different SFDR product categorisations for these sustainability disclosure requirements:
+ Article 6 products: require disclosures relating to the manner in which sustainability risks are integrated into the decision-making process.
+ Article 8 products: promote, among other characteristics, environmental or social characteristics or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices.
+ Article 9 products: have sustainable investment as their objective
Please refer to EU regulation guidelines for more details: https://www.esma.europa.eu/sections/sustainable-finance
SFDR categorisations | |
|---|---|
SFDR Disclosure | Article 8 |
ESG Characteristics
The fund tracks an index which seeks to exclude from the eligible investment universe companies that (i) violate, certain commonly accepted international norms and standards, such as United Nations and the Organisation for Economic Co-operation and Development (OECD) guidelines, ((ii) are involved in certain controversial weapons such as anti-personnel mines and cluster munitions as well as those involved in depleted uranium weapons and white phosphorus weapons and those that support nuclear weapons programmes to states outside the Treaty on the Non-Proliferation of Nuclear Weapons (commonly known as the Non-Proliferation Treaty or “NPT”), (iii) are significantly involved in the tobacco industry, (iv) are significantly involved in thermal coal activity, such as coal mining and exploration and coal-based power generation, (v) are significantly involved in unconventional oil and gas exploration/production, such as oil sands, Arctic oil and gas or shale energy, (vi) do not meet such other ESG criteria such as significant involvement in small arms, as detailed in the Index methodology. Visit our ESG Hub to learn more about WisdomTree's ESG approach.
Documents
Product
KID
KIID
Index
Prospectus
Reports and Regulatory
Other Links and Documents
DISCLAIMERS
The products discussed in this document are issued by WisdomTree Issuer ICAV (“WT Issuer”). WT Issuer is an umbrella investment company with variable capital having segregated liability between its funds organised under the laws of Ireland as an Irish Collective Asset-management Vehicle and authorised by the Central Bank of Ireland (“CBI”). WT Issuer is organised as an Undertaking for Collective Investment in Transferable Securities (“UCITS”) under the laws of Ireland and shall issue a separate class of shares ("Shares”) representing each fund.
The Fund is described in a Key Information Document (KID) or Key Investor Information Document (KIID) for UK investors, and the prospectus of WT Issuer (“WT Prospectus”). A copy of the WT Prospectus and the KID / KIID is available, for EEA/UK only, in English at www.wisdomtree.com . Where required under national rules, the KID will also be available in the local language of the relevant EEA Member State. Investors should read the WT Prospectus before investing and should refer to the section of the WT Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the Shares.
The summary of investor rights associated with an investment in the fund is available in English on WisdomTree Europe’s website. WisdomTree Management Limited may decide to terminate the arrangements made for the marketing of its collective investment undertakings. In such circumstances, shareholders in the affected EEA Member State will be notified of this decision and will be provided with the opportunity to redeem their shareholding in the fund free of any charges or deductions for at least 30 working days from the date of such notification.
This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements.