XMX

WisdomTree Global ex-Mexico Equity Fund
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94
*Unless otherwise stated, data provided by FactSet.

XMX Fund Description

XMX tracks a market-cap-weighted index of the 2000 largest firms globally, excluding those in Mexico.

XMX Factset Analytics Insight

XMX is an unusual fund. It’s one of just a handful of market-cap-selected and -weighted funds from issuer WisdomTree, which made its name in fundamentally weighted ETFs. Its exposure is oddly specific, consisting of large- and midcap stocks from developed and emerging economies around the world, except Mexico’s. The fund also explicitly avoids equities from countries that have not been approved for investment in Mexican retirement accounts by the country’s pension regulator, CONSAR. Therefore, XMX may appeal to a very precise group of investors: Mexican nationals trading on US exchanges, who want global stock exposure but wish to avoid domestic equities (or manage them separately).For everyone else, it’s hard to see what XMX offers. The fund’s timing cannot be ignored; it launched three months after the 2016 US presidential election, an event that triggered a sell-off in Mexican stocks and the Mexican peso. However, Mexico accounts for a tiny fraction of the global equity market and can have only a minimal effect on global stock returns. Even an ultra-bearish take on the country would likely not make XMX more attractive than competitors such as Vanguard’s VT, which offers a lower fee, a far more comprehensive portfolio, and excellent liquidity.

XMX MSCI ESG Analytics Insight

WisdomTree Global ex-Mexico Equity Fund has an MSCI ESG Fund Rating of A based on a score of 5.78 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. WisdomTree Global ex-Mexico Equity Fund ranks in the 61st percentile within its peer group and in the 43th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

XMX Charts And Performance

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Total Return Chart (%)
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PERFORMANCE [as of 09/12/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
XMX 3.02% 2.91% 17.71% 4.73% -- -- --
XMX (NAV) 4.21% 3.53% 17.89% 4.63% -- -- --
MSCI ACWI + Frontier Markets IMI Index 4.21% 3.12% 17.05% 3.20% 10.05% 6.31% 8.67%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

XMX Summary Data

WisdomTree
02/10/17
Open-Ended Fund
0.20%
$3.05M
$8.40K
0.10%

XMX Portfolio Data

$164.40B
19.23
2.37
3.31%
09/24/19
633

XMX Index Data

Market Cap
Market Cap
MSCI ACWI + Frontier Markets IMI Index

XMX Portfolio Management

0.20%
--
--
--

XMX Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

XMX Fund Structure

Open-Ended Fund
No
Yes
75% / 25%
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

XMX Factset Analytics Block Liquidity

As of 09/13/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of XMX. XMX is rated a 4 out of 5.

XMX Tradability

218
$8.40K
0
0
0.10%
$0.03
-0.06%
4.09% / -3.27%
None
69.00%
100,000
0
0.11%
0.01%
0
$30.57
4

XMX Sector/Industry Breakdown


XMX
Segment Benchmark
21.53%
19.70%
18.81%
20.57%
12.03%
12.22%
11.64%
11.11%
11.33%
11.69%
8.39%
8.05%
5.45%
5.54%
5.09%
5.04%
3.10%
3.28%
2.62%
2.76%

XMX Top 10 Holdings[View All]

Apple Inc. 2.11%
0.76%
0.74%
11.88%

XMX Countries


XMX
Segment Benchmark
59.57%
55.54%
7.60%
7.58%
5.31%
5.10%
3.62%
3.00%
3.08%
3.02%
3.05%
2.62%
2.96%
3.40%
2.58%
2.48%
1.95%
2.21%
1.31%
1.05%

XMX Regions


XMX
Segment Benchmark
62.66%
58.56%
19.86%
19.12%
16.37%
19.55%
0.69%
1.37%
0.43%
1.40%

XMX Economic Development


XMX
Segment Benchmark
97.87%
93.73%
2.13%
6.27%

XMX Performance Statistics

1.00
1.00
1.02
1.02
0.05%
MSCI ACWI + Frontier Markets IMI Index

XMX MSCI ESG Ratings

A
5.78 / 10
42.83
61.47
11.36%
6.05%
181.04

XMX Benchmark Comparison Holdings

633
9001
628
58.64%

XMX Benchmark Comparison Summary


XMX
Segment Benchmark
633
9001
$164.40B
$140.33B
19.23
19.48
2.37
2.17
2.39%
2.43%
Low
Low

XMX Benchmark Comparison Market Cap Size


XMX
Segment Benchmark
86.56%
74.81%
13.31%
18.13%
0.13%
6.16%
0.00%
0.88%