QMID

WisdomTree U.S. MidCap Quality Growth Fund

The WisdomTree U.S. MidCap Quality Growth Fund seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. MidCap Quality Growth Index. Learn more about the Index that QMID is designed to track.


 

Why QMID?

  • Gain core exposure to U.S. mid- market capitalization companies that display strong quality and growth characteristics
  • Use as a U.S. growth investing strategy that combines quality, growth and size factors
  • Use to satisfy demand for clients seeking high-conviction mid-cap growth allocations that emphasize profitability

 

Fund Overview

Profile
As of 04/26/2024
Expense Ratio 0.38%
CUSIP 97717Y444
Total Assets (000) $3,938.93
Shares Outstanding 150,000
Distribution Yield 0.00%
SEC 30-day Yield 0.29%
Options Available* No
Inception Date 01/25/2024
*Options are not suitable for all investors.
Trading Information
As of 04/26/2024
30-Day Average Daily Volume N/A
Implied LiquidityTM (Shares) N/A
Implied Liquidity (000) N/A
Lead Market Maker Citadel
Related index Symbol WTQGRMTR
NAV Symbol QMID.NV
Shares Out. Symbol QMID.SO

Net Asset Value

Net Asset Value
As of 04/26/2024
NAV $26.260
Change $0.049
Change % 0.19%
Premium/Discount to NAV 0.02%

Closing Market Price

Closing Market Price
As of 04/26/2024
Closing Market Price $26.264
Change $0.051
Change % 0.20%
Median Bid/Ask Spread (30-Day Avg.) 0.23%

Market Capitalization

As of 04/26/2024
Total Market Capitalization ($ Trillion) 0.99
Fund MarketCap Breakdown
Large Cap (> $10 Billion) 33.07%
Mid Cap (≥ $2 Billion and ≤ $10 Billion) 66.49%
Small Cap (< $2 Billion) 0.44%

Portfolio Characteristics

As of 04/26/2024
Dividend Yield 0.68
Price/Earnings 19.02
Estimated Price/Earnings 18.1
Price/Book 3.88
Price/Sales 1.48
Price/Cash Flow 11.81
Gross Buyback Yield 2.33
Net Buyback Yield 2.14
The measures above refer to the underlying securities of the holdings in the Funds' portfolios and should not be considered reflective of the Funds' performance.
Results are not indicative of future performance.

Total Returns

Total Returns
Month End Performance
(03/31/2024)
Underlying Index Returns NAV Returns Market Price Returns
Cumulative
1 Month 2.39% 4.37% 4.41%
3 Month N/A N/A N/A
YTD N/A N/A N/A
Since Inception* 9.62% 12.40% 12.36%
Average Annual
1 Year N/A N/A N/A
3 Year N/A N/A N/A
5 Year N/A N/A N/A
10 Year N/A N/A N/A
Since Inception* 9.62% 12.40% 12.36%
Total Returns
Quarter End Performance
(03/31/2024)
Underlying Index Returns NAV Returns Market Price Returns
Cumulative
Since Inception* 9.62% 12.40% 12.36%
Average Annual
1 Year N/A N/A N/A
3 Year N/A N/A N/A
5 Year N/A N/A N/A
10 Year N/A N/A N/A
Since Inception* 9.62% 12.40% 12.36%

 

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.

WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.

 

After Tax Returns

After Tax Returns
Month End Performance
(03/31/2024)
After Tax Held After Tax Sold
Cumulative
1 Month 4.37% 2.59%
3 Month N/A N/A
Since Inception* 12.40% 7.34%
Average Annual
1 Year N/A N/A
3 Year N/A N/A
5 Year N/A N/A
10 Year N/A N/A
Since Inception* N/A N/A
After Tax Returns
Quarter End Performance
(03/31/2024)
After Tax Held After Tax Sold
Cumulative
Since Inception* 12.40% 7.34%
Average Annual
1 Year N/A N/A
3 Year N/A N/A
5 Year N/A N/A
10 Year N/A N/A
Since Inception* N/A N/A

 

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.

WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.

After-Tax Held Returns represent return on Fund shares after taxes on distributions and assumes Fund shares have not been sold. After-Tax Sold Returns represent returns on Fund shares after taxes on distributions and the sale of the Fund shares.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's individual tax rates and may differ from those shown.

In some cases the return after taxes may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of fund shares at the end of the measurement period.

 

Country Allocation

As of 04/26/2024
Country Allocation
Country Weight
1. United States 100.00%

Premium/Discount i
The above chart presents information about the difference between the daily market price for shares of the Fund and the Fund's net asset value. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. eastern time for most Funds). The vertical axis of the chart shows the premium or discount expressed as a percentage of mid-point.

The horizontal axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated. IMPORTANT NOTE: The horizontal bar for ≥ 0.0 up to 0.5 includes the days that the Fund’s market price matched its NAV (that is, there was no premium or discount so the "premium/discount" percentage equaled zero.)

Holdings

As of 04/26/2024
*Holdings are subject to change without notice.

Sector Breakdown

As of 04/26/2024
*Sectors are subject to change without notice

Recent Distributions

Recent Distributions

Important Risk Information

This information must be preceded or accompanied by a prospectus, click here to view or download prospectus. We advise you to consider the fund's objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other important information about the fund. Please read the prospectus carefully before you invest.

There are risks associated with investing, including possible loss of principal. Growth stocks, as a group, may be out of favor with the market and underperform value stocks or the overall equity market. Growth stocks are generally more sensitive to market movements than other types of stocks. The Fund is non-diversified, as a result, changes in the market value of a single security could cause greater fluctuations in the value of Fund shares than would occur in a diversified fund. The Fund invests in the securities included in, or representative of, its Index regardless of their investment merit. The Fund does not attempt to outperform its Index or take defensive positions in declining markets and the Index may not perform as intended. The Fund invests primarily in the securities of mid-capitalization companies. As a result, the Fund’s performance may be adversely affected if securities of these companies underperform securities of other capitalization ranges or the market as a whole. Securities of mid-capitalization companies are often less stable and more vulnerable to market volatility and adverse economic developments than securities of larger companies, but mid-capitalization companies may also underperform the securities of small-capitalization companies because medium capitalization companies are more mature and are subject to slower growth during economic expansion. The fund is new and has a limited operating history. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.

  • Fund Distribution Yield - Fund Distribution Yield is calculated by annualizing the most recent Fund distribution and dividing by the current Fund NAV. The yield represents a single distribution from the Fund and does not represent the total returns of the Fund.
  • SEC 30-day Yield – The yield figure reflects the dividends and interest earned during the period, after the deduction of the fund's expenses. This is also referred to as the "standardized yield"

WisdomTree Funds are distributed by Foreside Fund Services, LLC in the U.S. only.


Neither WisdomTree, Inc., nor its affiliates, nor Foreside Fund Services, LLC, or its affiliates provide tax advice. All references to tax matters or information provided on this site are for illustrative purposes only and should not be considered tax advice and cannot be used for the purpose of avoiding tax penalties. Investors seeking tax advice should consult an independent tax advisor.