WisdomTree U.S. MidCap Dividend Fund (DON) Valuation
DON valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 17.7 trailing earnings
- Forward P/E
- 12.9 analyst estimates
- Price / sales
- 1.41
- Price / book
- 2.10
- EV / EBITDA
- 10.3
- Earnings yield
- 5.64% inverse of P/E
- Dividend yield
- 2.75% of the holdings
- Return on equity
- 11.8% combined
- Net margin
- 8.0% combined
- Beta
- 0.89 weighted, vs S&P 500
DON valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| DON | 17.7 | 12.9 | 1.41 | 2.10 | 2.75% | 11.8% | 8.0% | 3.9% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
DON valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 22.7% | 12.8 | 9.9 | 1.90 | 1.54 | 3.10% | 12.0% |
| Industrials | 16.4% | 21.8 | 16.4 | 1.45 | 3.34 | 1.60% | 15.3% |
| Consumer Cyclical | 12.2% | 14.7 | 13.0 | 0.77 | 3.26 | 2.51% | 22.2% |
| Real Estate | 9.6% | 27.4 | 30.4 | 6.35 | 2.11 | 4.69% | 7.7% |
| Energy | 9.1% | 13.8 | 10.3 | 1.60 | 1.66 | 2.51% | 12.1% |
| Utilities | 7.3% | 15.1 | 13.0 | 1.91 | 1.67 | 3.86% | 11.1% |
| Basic Materials | 6.3% | 24.0 | 14.1 | 1.54 | 1.92 | 2.08% | 8.0% |
| Technology | 4.6% | 32.0 | 16.6 | 1.72 | 3.91 | 0.74% | 12.2% |
| Consumer Defensive | 4.5% | 23.6 | 11.7 | 0.49 | 2.88 | 4.00% | 12.2% |
| Communication Services | 4.0% | 24.1 | 10.5 | 1.45 | 1.87 | 2.89% | 7.8% |
| Healthcare | 2.9% | 96.0 | 9.4 | 1.67 | 1.92 | 1.56% | 2.0% |
DON earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How DON weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
DON largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| BBY | Best Buy Co., Inc. | 1.61% | 15.4 | 13.6 | 0.5 | 4.15% | 1.89% |
| APA | APA Corporation | 1.59% | 10.4 | 9.4 | 2.0 | 2.03% | 2.77% |
| VTRS | Viatris Inc. | 1.45% | — | 6.4 | 1.5 | 2.57% | −0.51% |
| DINO | HF Sinclair Corporation | 1.41% | 11.9 | 10.0 | 0.7 | 1.68% | 2.14% |
| HAS | Hasbro, Inc. | 1.35% | 17.8 | 13.5 | 2.8 | 2.84% | 1.38% |
| BEN | Franklin Resources, Inc. | 1.25% | 21.1 | 10.3 | 1.7 | 4.26% | 1.08% |
| YZ8 | Permian Resources Corporation | 1.23% | — | — | — | — | — |
| SWK | Stanley Black & Decker, Inc. | 1.12% | 22.6 | 14.5 | 0.9 | 3.63% | 0.90% |
| AFG | American Financial Group, Inc. | 1.08% | 13.0 | 11.5 | 1.5 | 2.60% | 1.51% |
| OMC | Omnicom Group Inc. | 1.02% | 212.0 | 7.4 | 1.0 | 3.97% | 0.09% |
| IFF | International Flavors & Fragrances Inc. | 0.95% | 89.8 | 17.7 | 2.1 | 1.76% | 0.19% |
| SJM | The J. M. Smucker Company | 0.95% | 59.5 | 12.0 | 1.5 | 3.52% | 0.29% |
| OGE | OGE Energy Corp. | 0.92% | 20.9 | 17.2 | 3.0 | 3.61% | 0.80% |
| AM | Antero Midstream Corporation | 0.91% | 24.9 | 12.9 | 7.5 | 4.36% | 0.66% |
| PNW | Pinnacle West Capital Corporation | 0.88% | 19.9 | 16.9 | 2.3 | 3.52% | 0.80% |
| OVV | Ovintiv Inc. | 0.84% | 19.3 | 9.0 | 2.0 | 1.73% | 0.79% |
| SNA | Snap-on Incorporated | 0.83% | 18.7 | 17.3 | 3.6 | 2.66% | 0.81% |
| AES | The AES Corporation | 0.83% | 5.6 | 6.6 | 0.8 | 4.71% | 2.70% |
| SWKS | Skyworks Solutions, Inc. | 0.83% | 41.3 | 17.8 | 4.7 | — | 0.36% |
| CF | CF Industries Holdings, Inc. | 0.83% | 9.0 | 12.2 | 2.4 | 1.99% | 1.67% |
| KIM | Kimco Realty Corporation | 0.78% | 27.0 | 27.5 | 7.0 | 4.89% | 0.53% |
| CLX | The Clorox Company | 0.78% | 18.1 | 14.9 | 1.6 | 5.74% | 0.78% |
| UGI | UGI Corporation | 0.77% | 12.8 | 7.7 | 1.1 | 3.90% | 1.10% |
| CHRD | Chord Energy Corporation | 0.77% | 10.4 | — | 1.4 | 3.36% | 1.35% |
| PAG | Penske Automotive Group, Inc. | 0.76% | 14.9 | 14.7 | 0.4 | 2.75% | 0.92% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About DON valuation
Adding up its 286 holdings with company data, DON trades at 17.7 times trailing earnings and 12.9 times analysts' forward estimates, with a price-to-book ratio of 2.10 and a dividend yield of 2.75%. Its earnings yield of 5.64% is 0.31 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 13.1% of the fund and earn 11.4% of its combined profit. By sector, Healthcare is the most expensive at 96.0 times earnings and Financial Services the cheapest at 12.8. Companies that lost money over the past year are 3.9% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 97.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: DON chart, DON performance, DON holdings, DON dividends.
DON valuation FAQ
What is the P/E ratio of DON?
Based on its holdings, DON has a trailing P/E of 17.7 and a forward P/E of 12.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of DON?
The trailing earnings yield is 5.64% (1 ÷ P/E) and the forward earnings yield 7.78%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is DON more expensive than the S&P 500?
DON trades at 17.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 12.9 and 19.9.
What is the price-to-book ratio of DON?
The holdings of DON trade at 2.10 times book value, with a combined return on equity of 11.8%.
Which sector in DON has the highest P/E?
Healthcare has the highest P/E at 96.0 and Financial Services the lowest at 12.8.