Wisdom Tree Launches Six Earnings-Weighted ETFs

A New York investment company has unveiled six domestic earnings-weighted ETFs that are scheduled to be listed on the American Stock Exchange on Friday.

A news release from WisdomTree Investments said the new offerings (with market cap and expense ratio) are:

  • WisdomTree Total Earnings Fund, Broad Market, .28%
  • WisdomTree Earnings 500 Fund, Large Cap, 28%
  • WisdomTree MidCap Earnings Fund, Mid Cap, .38%
  • WisdomTree SmallCap Earnings Fund, Small Cap., 38%
  • WisdomTree Earnings Top 100 Fund, Large Cap, .38%
  • WisdomTree Low P/E Fund, Multi Cap, 38%

The WisdomTree ETFs have gathered $2.4 billion in assets under management since launching in June 2006.

More information about the company is at http://www.wisdomtreeinvestments.com.