WisdomTree MidCap Dividend Fund Delivers 57.7% Five-Year Return, 2.4% Yield
WisdomTree U.S. MidCap Dividend Fund returned 57.68% over five years and 153.73% over ten years while offering a 2.4% yield, managing $3.8 billion with a 0.38% expense ratio and 20-year track record. Its 22.3% financials and 17.7% industrials weight provides diversification across 300+ names with monthly payouts.
1. Performance Comparison
Over five years, WisdomTree MidCap Dividend Fund has delivered 57.68% price return versus Schwab U.S. Dividend Equity's 59.49%, and over ten years it posted 153.73% against 234.05%. Although its yield of 2.4% trails SCHD's 3.62%, its mid-cap focus offers a different appreciation profile.
2. Fund Structure and Yield
The fund manages $3.8 billion in assets with a 0.38% expense ratio and has paid uninterrupted monthly distributions since June 2006, including special year-end payments. Its dividend-weighted methodology weights companies by total dividends paid rather than market cap.
3. Sector Allocations and Distribution History
Financials account for 22.3% of the portfolio and Industrials for 17.7%, with Utilities and Energy also prominent, and no single holding exceeds 1.32%. This diversification across 300+ names underpins stable payouts, reinforced by 19 years of uninterrupted monthly distributions through major market disruptions.
4. Recent Market Rotation Effects
Recent performance reflects a shift into mid-cap names as many large caps trade at elevated multiples, narrowing the gap versus large-cap dividend peers. Continued mid-cap flows could support multi-year tailwinds for the fund if valuation rotations persist.