By blending dividend weighting with quality and momentum characteristics, WisdomTree US Small-Cap Dividend ETF delivers defensive yet inconsistent exposure to US small-cap stocks. This calls into question its ability to deliver a durable risk-adjusted advantage over more consistent peers and results in a Process Pillar downgrade to Average from Above Average.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DES’s performance objective and investment process is for both security selection and portfolio construction.
United States