WTQGRW
WisdomTree U.S. Quality Growth Index
The WisdomTree U.S. Quality Growth Index is a market-cap weighted index that consists of companies with quality and growth characteristics. The top 500 U.S. companies by market capitalization are ranked on a composite score of two fundamental factors: growth and quality, which are equally weighted. The Index is comprised of the 100 U.S. companies with the highest composite scores. The growth factor is determined by a company's ranking based on a 50% weight in its median analyst earnings growth forecast, a 25% weight in its trailing 5-year EBITDA (i.e., earnings before interest, taxes, depreciation and amortization) growth and a 25% weight in its trailing 5-year sales growth. The quality factor is determined by a company's ranking based on a 50% weight to each of its trailing 3-year average return on equity and trailing 3-year average return on assets. The index was established with a base value of 200 on November 30, 2022.
Index Facts
Index Facts | |
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As of 11/28/2023
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Bloomberg Index Symbol | WTQGRW |
Exchange Index Symbol | |
Index Inception Date | 11/30/2022 |
Base Index Value | 200 |
Number of Components in Index | 100 |
Current Index Value | 271.57 |
Total Return Index Closing Value | 273.23 |
Total Index Market Capitalization ($ Trillion) | 16.56 |
Index MarketCap Breakdown | |
Large Cap (> $10 Billion) | 99.76% |
Mid Cap (≥ $2 Billion and ≤ $10 Billion) | 0.24% |
Small Cap (< $2 Billion) | 0.00% |
Index Statistics
Index Statistics | |
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As of 11/28/2023
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Dividend Yield | 0.54 |
Price/Earnings | 34.19 |
Estimated Price/Earnings | 27.33 |
Price/Book | 10.93 |
Price/Sales | 5.19 |
Price/Cash Flow | 23.92 |
Gross Buyback Yield | 1.69 |
Net Buyback Yield | 1.58 |
Top Components
Industry Group Breakdown
Country Allocation
Country Allocation | |
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Country | Weight |
1. United States | 100.00% |