WisdomTree U.S. Total Dividend Fund (DTD) Valuation

NYSE Arca: DTDP/E, earnings yield and other ratios of the holdings combined.

DTD valuation today

Holdings combined · company data as of Oct 26, 2026

P/E (TTM): 21.9
Forward P/E: 16.0
Price / sales: 2.48
Price / book: 3.57
EV / EBITDA: 13.8
Earnings yield: 4.57%
Dividend yield: 2.18%
Return on equity: 16.3%
Net margin: 11.3%
Beta: 0.86

DTD valuation vs other stock ETFs

P/E (TTM)Forward P/E

DTD valuation compared with other stock ETFs
ETF	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE	Net margin	Loss-makers
DTD	21.9	16.0	2.48	3.57	2.18%	16.3%	11.3%	1.9%
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.

DTD valuation by sector

P/E (TTM)Forward P/E

DTD valuation by sector
Sector	Weight	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE
Technology	19.4%	29.8	21.8	7.23	10.83	0.91%	36.3%
Financial Services	17.9%	14.1	12.3	2.96	2.03	2.35%	14.4%
Healthcare	13.1%	38.0	15.3	1.85	5.42	2.32%	14.3%
Energy	9.0%	19.6	12.8	1.78	2.38	2.42%	12.2%
Consumer Defensive	8.8%	26.7	18.5	1.72	6.58	3.06%	24.7%
Industrials	7.6%	24.2	19.4	2.29	5.17	1.45%	21.4%
Communication Services	7.1%	14.5	13.6	2.31	2.84	2.24%	19.6%
Utilities	5.2%	18.6	15.5	2.67	1.91	3.39%	10.3%
Consumer Cyclical	5.1%	25.8	15.4	1.19	5.71	2.53%	22.2%
Real Estate	4.8%	32.5	33.5	7.01	2.87	3.84%	8.8%
Basic Materials	1.4%	23.7	14.6	1.98	2.96	1.52%	12.5%
Services	0.0%	14.2	15.3	1.60	2.99	2.71%	21.0%

DTD earnings yield vs bond yields

DTD earnings yield (forward)

6.25%

DTD earnings yield (trailing)

4.57%

DTD dividend yield

2.18%

Bond market yield (AGG)

5.33%

T-bill yield (BIL)

3.91%

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 DTD weight splits by P/E

Share of the covered weight in companies with a trailing P/E in each range.

DTD largest holdings: valuation

DTD largest holdings valuation
Symbol	Company	Weight	P/E	Fwd P/E	P/S	Div. yield	Share of earnings
MSFT	Microsoft Corporation	4.18%	29.5	25.1	11.8	0.74%	3.13%
NVDA	NVIDIA Corporation	3.41%	27.1	24.9	17.1	0.47%	2.78%
JPM	JPMorgan Chase & Co.	2.58%	14.2	13.5	4.7	1.94%	4.00%
AAPL	Apple Inc.	2.44%	39.4	35.2	10.7	0.31%	1.37%
XOM	Exxon Mobil Corporation	2.14%	23.0	14.8	2.0	2.30%	2.05%
CVX	Chevron Corporation	1.97%	21.2	15.2	2.1	3.16%	2.05%
JNJ	Johnson & Johnson	1.75%	38.8	21.0	6.2	2.10%	1.00%
ABBV	AbbVie Inc.	1.72%	80.6	16.4	7.8	2.42%	0.47%
META	Meta Platforms, Inc.	1.65%	26.7	22.1	7.9	0.30%	1.37%
AVGO	Broadcom Inc.	1.60%	43.3	19.4	17.6	0.79%	0.81%
MRK	Merck & Co., Inc.	1.44%	115.8	15.3	5.4	2.33%	0.27%
PM	Philip Morris International Inc.	1.35%	29.5	20.9	7.5	3.12%	1.01%
KO	The Coca-Cola Company	1.27%	28.2	25.3	8.1	2.26%	0.99%
PG	The Procter & Gamble Company	1.23%	24.1	21.2	4.3	2.73%	1.13%
LLY	Eli Lilly and Company	1.23%	42.2	24.4	14.1	0.55%	0.64%
GOOGL	Alphabet Inc.	1.21%	17.1	22.8	9.3	0.26%	1.56%
GOOG	Alphabet Inc.	1.13%	16.9	21.8	9.2	0.26%	1.48%
AMGN	Amgen Inc.	1.12%	26.9	16.7	6.1	2.33%	0.92%
MS	Morgan Stanley	1.09%	14.3	14.9	3.6	2.55%	1.68%
UNH	UnitedHealth Group Incorporated	1.08%	25.8	16.6	0.8	2.31%	0.92%
VZ	Verizon Communications Inc.	1.00%	11.7	8.7	1.3	6.32%	1.89%
CSCO	Cisco Systems, Inc.	0.98%	32.2	19.8	6.7	1.56%	0.67%
HD	The Home Depot, Inc.	0.94%	21.5	19.8	1.8	3.01%	0.96%
TXN	Texas Instruments Incorporated	0.93%	42.1	27.5	13.0	2.20%	0.49%
WMT	Walmart Inc.	0.93%	43.0	38.0	1.3	0.83%	0.48%

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 DTD valuation

Adding up its 797 holdings with company data, DTD trades at 21.9 times trailing earnings and 16.0 times analysts' forward estimates, with a price-to-book ratio of 3.57 and a dividend yield of 2.18%. Its earnings yield of 4.57% is 0.75 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 23.4% of the fund and earn 19.0% of its combined profit. By sector, Healthcare is the most expensive at 38.0 times earnings and Financial Services the cheapest at 14.1. Companies that lost money over the past year are 1.9% 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 99.3% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

DTD valuation FAQ

What is the P/E ratio of DTD?

Based on its holdings, DTD has a trailing P/E of 21.9 and a forward P/E of 16.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of DTD?

The trailing earnings yield is 4.57% (1 ÷ P/E) and the forward earnings yield 6.25%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is DTD more expensive than the S&P 500?

DTD trades at 21.9 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.0 and 19.9.

What is the price-to-book ratio of DTD?

The holdings of DTD trade at 3.57 times book value, with a combined return on equity of 16.3%.

Which sector in DTD has the highest P/E?

Healthcare has the highest P/E at 38.0 and Financial Services the lowest at 14.1.