Core Insights - The WisdomTree U.S. MidCap ETF (EZM) is designed to provide broad exposure to the Mid Cap Value category and was launched on February 23, 2007 [1] - The ETF industry has traditionally been dominated by market cap weighted indexes, but there is a growing interest in smart beta strategies that aim to outperform the market through stock selection [2][3] - Smart beta ETFs utilize non-cap weighted strategies based on fundamental characteristics to enhance risk-return performance [3][4] Fund Overview - The WisdomTree U.S. MidCap ETF is sponsored by WisdomTree and has assets exceeding $795.22 million, positioning it as an average-sized ETF in its category [5] - The ETF seeks to match the performance of the WisdomTree U.S. MidCap Earnings Index, which focuses on earnings-generating mid-cap companies [5] Cost Structure - The annual operating expense ratio for the ETF is 0.38%, which is competitive within its peer group [6] - The ETF has a 12-month trailing dividend yield of 1.29% [6] Holdings and Sector Exposure - The fund's total assets are primarily in U.S. dollars, with significant holdings in Fox Corp - Class A (FOXA) and Aptiv Holdings Ltd (APTV) [7] - The top 10 holdings account for approximately 107.03% of total assets under management, indicating a concentrated investment strategy [8] Performance Metrics - Year-to-date, the ETF has gained about 3.77%, and it has increased approximately 9.17% over the last 12 months as of August 21, 2025 [9] - The ETF has traded between $51.81 and $68.19 in the past 52 weeks [9] - With a beta of 1.07 and a standard deviation of 20.65% over the trailing three years, the fund is classified as a medium risk option [10] Alternatives - The WisdomTree U.S. MidCap ETF is a viable choice for investors looking to outperform the Mid Cap Value segment, but alternatives like iShares Russell Mid-Cap Value ETF (IWS) and Vanguard Mid-Cap Value ETF (VOE) are also available [11][12] - IWS has $13.76 billion in assets and an expense ratio of 0.23%, while VOE has $18.64 billion in assets with a 0.07% expense ratio [12]

Core Viewpoint - The WisdomTree U.S. MidCap ETF (EZM) is designed to provide broad exposure to the Mid Cap Value segment of the U.S. equity market, with assets exceeding $772 million, making it a mid-sized ETF in this category [1] Group 1: ETF Overview - Launched on February 23, 2007, EZM is a passively managed ETF sponsored by WisdomTree [1] - The ETF targets mid cap companies with market capitalizations between $2 billion and $10 billion, which are perceived to have higher growth prospects compared to large cap companies while being less risky than small cap firms [2] Group 2: Financial Metrics - The ETF has an annual operating expense ratio of 0.38%, which is competitive within its peer group [4] - It offers a 12-month trailing dividend yield of 1.33% [4] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Energy sector, with the top three sectors being Energy, Industrials, and Materials [5] - The top 10 holdings account for approximately 107.03% of total assets under management, indicating a concentrated investment strategy [6] Group 4: Performance Analysis - EZM aims to match the performance of the WisdomTree U.S. MidCap Earnings Index, having gained about 0.7% year-to-date and 10.18% over the past year as of August 7, 2025 [7] - The ETF has traded between $51.81 and $68.19 in the past 52 weeks [7] - It has a beta of 1.07 and a standard deviation of 20.67% over the trailing three-year period, categorizing it as a medium risk investment [8] Group 5: Alternatives and Market Position - EZM holds a Zacks ETF Rank of 3 (Hold), indicating a moderate outlook based on expected returns, expense ratios, and momentum [9] - Other comparable ETFs include the iShares Russell Mid-Cap Value ETF (IWS) with $13.43 billion in assets and an expense ratio of 0.23%, and the Vanguard Mid-Cap Value ETF (VOE) with $18.16 billion in assets and a lower expense ratio of 0.07% [10] Group 6: Investment Appeal - Passively managed ETFs like EZM are gaining popularity among both institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11]