EMXSOEWisdomTree Emerging Markets ex-State-Owned Enterprises IndexThe 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.
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.
Index Facts | As of 7/17/2026 |
|---|---|
| Bloomberg Index Symbol | EMXSOE |
| Exchange Index Symbol | - |
| Index Inception Date | 8/18/2014 |
| Base Index Value | 200 |
| Number of Components in Index | 1109 |
| Current Index Value | 358.08 |
| Total Return Index Closing Value | 442.35 |
| Total Index Market Capitalization ($ Trillion) | 18.02 |
| Index MarketCap Breakdown | |
| Large Cap (> $10 Billion) | 82.09% |
| Mid Cap (≥ $2 Billion and ≤ $10 Billion) | 16.36% |
| Small Cap (< $2 Billion) | 1.55% |
Index Statistics | As of 7/17/2026 |
|---|---|
| Dividend Yield | 1.62% |
| Price/Earnings | 20.45 |
| Estimated Price/Earnings | 12.43 |
| Price/Book | 2.97 |
| Price/Sales | 2.01 |
| Price/Cash Flow | 13.53 |
| Gross Buyback Yield | 0.43% |
| Net Buyback Yield | -0.01% |
Top Components
As of 7/16/2026
Name | Weight (%) |
|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 14.04 |
| Samsung Electronics Co | 6.55 |
| Sk Hynix Inc | 4.8 |
| Tencent Holdings Ltd. | 3.07 |
| Alibaba Group Holding Ltd | 2.3 |
| Mediatek Inc | 1.49 |
| Al Rajhi Banking & Investment Corp. | 1.1 |
| Hdfc Bank Ltd | 0.93 |
| Reliance Industries Ltd | 0.9 |
| Delta Electronic Ind | 0.84 |
| Remaining Portfolio | 63.98 |
*Holdings are subject to change without notice.
Industry Group Breakdown
As of 7/16/2026
Name | Weight (%) |
|---|---|
Semiconductors & Semiconductor Equipment | 23.27 |
Technology Hardware & Equipment | 14.84 |
Banks | 9.8 |
Capital Goods | 6.55 |
Retailing | 5.31 |
Materials | 4.89 |
Media & Entertainment | 4.52 |
Other | 4.31 |
Automobiles & Components | 3.04 |
Insurance | 2.55 |
Pharmaceuticals Biotechnology & Life Sciences | 2.4 |
*Sectors are subject to change without notice
Country Allocations | Weight |
|---|---|
| Taiwan | 27.51% |
| China | 20.22% |
| Korea | 19.31% |
| India | 14.84% |
| South Africa | 3.55% |
| Brazil | 2.66% |
| Saudi Arabia | 2.58% |
| Mexico | 2.13% |
| Thailand | 1.29% |
| Poland | 1.19% |
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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