WisdomTree (NasdaqGM: WETF), the ETF sponsor known in part for its array of dividend funds, bulked up that lineup some more Thursday with the debut of the WisdomTree Emerging Markets Dividend Growth Fund (NasdaqGS: DGRE).

Already the name behind widely known dividend ETFs such as the WisdomTree LargeCap Dividend Fund (NYSE: DLN) and the WisdomTree Emerging Markets Equity Income Fund (NYSE: DEM), WisdomTree has recently been further bolstering its dividend growth ETF offerings. The WisdomTree Emerging Markets Dividend Growth Fund is the third such fund introduced by the firm since May and the second in two weeks. [Diversifying Dividend Exposure With Small-Caps]

“While many dividend-focused indexes in emerging markets focus on yield and valuation, there is a dearth of options that focus on dividend growth. We believe that DGRE offers theinvestment flexibility to respond to dividend growth potential rather than historical dividend behavior, aligning nicely with dividend behavior of emerging market companies. And similar to our other dividend growth funds, we believe DGRE can provide access to some of the most attractive dividend growth opportunities available in the market,” said WisdomTree Research Director Jeremey Schwartz in a statement. 

DGRE, which has an annual expense ratio of 0.63%, is not excessively weighted to the BRIC nations. Not a bad thing this year as Brazilian and Indian stocks, among others, have been among the worst emerging markets performer. Overall, BRIC represents roughly a third of DGRE’s country weight, which is underweight relative to broadly used emerging markets benchmarks.

China and India combine for just 9% of the new ETF’s weight. The top-five country exposures are Brazil, South Africa, Indonesia, Russia and Mexico. [Emerging Markets ETFs With A Dividend Focus]