“At a time when many ETF sponsors are competing directly against each other in market capitalization-weighted, beta exposures, WisdomTree’s commitment to innovative, differentiated products has strengthened our competitive position in the industry,” Steinberg noted.
WisdomTree Director of Research Jeremy Schwartz recently told ETF Trends that investors should start diversifying away from cap-weighted strategies, and dividends are a compelling alternative.
A vast majority of the assets in the ETF industry are tied to one strategy: market-cap-weighted indices.
“People are starting to wonder if that’s a sensible thing,” Schwartz explained. “We don’t think that’s common sense.” [WisdomTree’s Jeremy Schwartz on Dividend ETFs]
WisdomTree shares are up about 4% year to date. [ETF Firm WidsomTree’s Shares Eye Breakout Before Q3 Earnings]