WisdomTree

EMXSOEWisdomTree Emerging Markets ex-State-Owned Enterprises Index

The WisdomTree Emerging Markets ex-State-Owned Enterprises Index measures the performance of emerging markets stocks that are not state owned enterprises. State owned enterprises are defined as government ownership of more than 20% of outstanding shares of companies. 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. The Index was established with a base value of 200 on August 15, 2014.

Bloomberg Index SymbolEMXSOE
Exchange Index Symbol-
Index Inception Date8/18/2014
Base Index Value200
Number of Components in Index1110
Current Index Value390.45
Total Return Index Closing Value481.25
Total Index Market Capitalization ($ Trillion)19.52
Index MarketCap Breakdown
Large Cap (> $10 Billion)83.71%
Mid Cap (≥ $2 Billion and ≤ $10 Billion)15.08%
Small Cap (< $2 Billion)1.21%
Dividend Yield1.53%
Price/Earnings22.29
Estimated Price/Earnings13.95
Price/Book3.19
Price/Sales2.21
Price/Cash Flow14.53
Gross Buyback Yield0.39%
Net Buyback Yield-0.01%

Industry Group Breakdown

As of 6/15/2026

NameWeight (%)
Semiconductors & Semiconductor Equipment23.28
Technology Hardware & Equipment17
Banks9.31
Capital Goods7.14
Materials4.85
Retailing4.7
Other4.19
Media & Entertainment4.18
Automobiles & Components3.14
Insurance2.57
Diversified Financials2.09

*Sectors are subject to change without notice

Taiwan26.54%
Korea22.87%
China19.18%
India13.98%
South Africa3.53%
Saudi Arabia2.54%
Brazil2.48%
Mexico2.11%
Thailand1.30%
Poland1.06%

Definitions

  • Index Dividend Yield is a measure of the annual dividends of the shares of all Index components divided by the Index value.
  • Price/Book Ratio is a ratio used to compare a stock's market value to its book value.
  • Price/Earnings Ratio is a valuation ratio of a company's current share price compared to its per-share earnings.
  • Estimated Price/Earnings is a valuation ratio of a company's current share price compared to the consensus estimates for per-share earnings over the next 12 months.
  • Price/Cash Flow Ratio is a measure of the market's expectations of a firm's future financial health.
  • Price/Sales Ratio is a ratio for valuing a stock relative to its own past performance, other companies or the market itself.
  • Total Return Index Values assume reinvestment of dividends after the deduction of withholding taxes, which apply to non-U.S. dividends.
  • Gross Buyback Yield is the amount of a company’s gross share repurchase over the past year to its market capitalization.
  • Net Buyback Yield is the amount of a company’s net share repurchase over the past year to its market capitalization.

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