In addition to lightening the BRIC load, DGRE offers a pleasant surprise at the sector level: No dangerously large weights to financial services, energy or materials names. Financials and materials names each receive weights of just over 13%, but staples and telecom are each weighted at least 19% in the new fund.

While DGRE itself is a new fund, this is not WisdomTree’s first foray into emerging markets dividends. The firm’s WisdomTree Emerging Markets Equity Income Fund and WisdomTree Emerging Markets SmallCap Dividend Fund (NYSE: DGS) have proven popular with income investors looking for emerging markets exposure.

WisdomTree Emerging Markets SmallCap Dividend Fund

ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of DEM.