WTEMXCWisdomTree True Emerging Markets IndexThe WisdomTree True Emerging Markets Index* measures the performance of emerging markets stocks (excluding China, Korea and Taiwan) 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 capping country exposures to 35%. The Index was established with a base value of 200 on May 2, 2022.
*Prior to July 10, 2025, the Index was known as the WisdomTree Emerging Markets ex-China Index.
The WisdomTree True Emerging Markets Index* measures the performance of emerging markets stocks (excluding China, Korea and Taiwan) 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 capping country exposures to 35%. The Index was established with a base value of 200 on May 2, 2022.
*Prior to July 10, 2025, the Index was known as the WisdomTree Emerging Markets ex-China Index.
Index Facts | As of 7/15/2026 |
|---|---|
| Bloomberg Index Symbol | WTEMXC |
| Exchange Index Symbol | - |
| Index Inception Date | 5/2/2022 |
| Base Index Value | - |
| Number of Components in Index | 532 |
| Current Index Value | - |
| Total Return Index Closing Value | 0.00 |
| Total Index Market Capitalization ($ Trillion) | 6.37 |
| Index MarketCap Breakdown | |
| Large Cap (> $10 Billion) | 68.89% |
| Mid Cap (≥ $2 Billion and ≤ $10 Billion) | 29.78% |
| Small Cap (< $2 Billion) | 1.34% |
Index Statistics | As of 7/15/2026 |
|---|---|
| Dividend Yield | 2.45% |
| Price/Earnings | 17.87 |
| Estimated Price/Earnings | 15.61 |
| Price/Book | 2.51 |
| Price/Sales | 1.65 |
| Price/Cash Flow | 9.25 |
| Gross Buyback Yield | 0.41% |
| Net Buyback Yield | -0.02% |
Top Components
As of 7/14/2026
Name | Weight (%) |
|---|---|
| Mercadolibre Inc | 3.8 |
| Reliance Industries Ltd | 2.41 |
| Hdfc Bank Ltd | 2.31 |
| Al Rajhi Banking & Investment Corporation Sjsc | 2.2 |
| Icici Bank Ltd | 1.91 |
| Delta Electronics Thailand Pcl | 1.69 |
| Bharti Airtel Ltd | 1.48 |
| Grupo Mexico Sab De Cv | 1.38 |
| Otp Bank Nyrt | 1.37 |
| Firstrand Ltd | 1.33 |
| Remaining Portfolio | 80.13 |
*Holdings are subject to change without notice.
Industry Group Breakdown
As of 7/14/2026
Name | Weight (%) |
|---|---|
Banks | 23.1 |
Materials | 10.2 |
Retailing | 6.5 |
Telecommunication Services | 5.8 |
Other | 5.64 |
Capital Goods | 5.56 |
Energy | 4.27 |
Diversified Financials | 3.98 |
Food Beverage & Tobacco | 3.97 |
Utilities | 3.66 |
Transportation | 3.24 |
*Sectors are subject to change without notice
Country Allocations | Weight |
|---|---|
| India | 35.99% |
| South Africa | 10.30% |
| Mexico | 9.93% |
| Brazil | 8.16% |
| Saudi Arabia | 5.06% |
| Thailand | 4.71% |
| United States | 3.80% |
| Poland | 3.06% |
| Indonesia | 2.69% |
| Turkey | 2.44% |
Documents
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.
- The S&P 500 Index is a capitalization-weighted index of 500 stocks selected by the Standard & Poors Index Committee designed to represent the performance of the leading industries in the United States economy.
- The MSCI EAFE Index is a market cap-weighted index composed of companies representative of the developed market structure of 21 developed countries in Europe, Australasia and Japan.
- The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets.
- The MSCI Emerging Markets Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of small capitalization equities in the emerging markets.
- 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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