WisdomTree U.S. SmallCap Earnings Fund (EES) Valuation

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

EES valuation today

Holdings combined · company data as of Oct 26, 2026

P/E (TTM): 28.6
Forward P/E: 10.9
Price / sales: 0.97
Price / book: 1.74
EV / EBITDA: 8.4
Earnings yield: 3.50%
Dividend yield: 1.58%
Return on equity: 6.1%
Net margin: 3.4%
Beta: 1.05

EES valuation vs other stock ETFs

P/E (TTM)Forward P/E

EES valuation compared with other stock ETFs
ETF	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE	Net margin	Loss-makers
EES	28.6	10.9	0.97	1.74	1.58%	6.1%	3.4%	12.3%
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.

EES valuation by sector

P/E (TTM)Forward P/E

EES valuation by sector
Sector	Weight	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE
Financial Services	22.9%	12.9	10.2	2.06	1.37	2.29%	10.6%
Technology	16.0%	n/m	9.8	0.92	2.26	0.51%	−5.8%
Industrials	12.2%	27.6	13.0	0.92	2.25	1.34%	8.2%
Consumer Cyclical	11.6%	22.6	11.2	0.55	1.64	1.53%	7.3%
Healthcare	10.3%	n/m	9.7	0.83	1.87	0.52%	−0.3%
Energy	7.9%	19.5	10.2	1.19	1.64	2.42%	8.4%
Consumer Defensive	4.7%	30.1	10.9	0.63	1.75	0.99%	5.8%
Basic Materials	4.2%	30.2	11.3	0.83	2.44	1.70%	8.1%
Real Estate	3.9%	13.6	21.0	1.47	1.32	4.55%	9.7%
Communication Services	3.6%	53.7	10.6	0.96	1.77	0.44%	3.3%
Utilities	1.5%	17.6	18.4	1.88	1.67	3.45%	9.5%
Services	0.4%	14.2	15.3	1.60	2.99	2.71%	21.0%
Financials	0.1%	16.2	—	4.22	1.27	1.94%	7.8%

EES earnings yield vs bond yields

EES earnings yield (forward)

9.18%

EES earnings yield (trailing)

3.50%

EES dividend yield

1.58%

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 EES weight splits by P/E

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

EES largest holdings: valuation

EES largest holdings valuation
Symbol	Company	Weight	P/E	Fwd P/E	P/S	Div. yield	Share of earnings
VG	Venture Global, Inc.	1.57%	10.0	14.4	1.9	1.26%	4.70%
RNG	RingCentral, Inc.	1.15%	60.4	14.3	2.4	0.36%	0.57%
MATX	Matson, Inc.	0.84%	15.8	19.2	2.0	0.65%	1.59%
OGN	Organon & Co.	0.84%	17.6	5.1	0.6	0.58%	1.42%
CRGY	Crescent Energy Company	0.82%	125.2	6.3	1.3	3.49%	0.20%
BGC	BGC Group, Inc	0.68%	29.0	5.9	1.7	0.69%	0.71%
VIRT	Virtu Financial, Inc.	0.68%	9.4	8.4	1.5	1.69%	2.16%
BFH	Bread Financial Holdings, Inc.	0.66%	8.0	7.6	1.5	0.90%	2.47%
DXC	DXC Technology Company	0.63%	17.9	4.2	0.2	—	1.06%
NOG	Northern Oil and Gas, Inc.	0.61%	—	4.6	1.4	6.63%	−3.27%
HOG	Harley-Davidson, Inc.	0.61%	14.7	12.3	0.7	2.80%	1.24%
LEVI	Levi Strauss & Co.	0.51%	13.4	16.8	1.2	3.13%	1.14%
FIVN	Five9, Inc.	0.49%	46.7	9.9	2.0	—	0.32%
PARR	Par Pacific Holdings, Inc.	0.49%	4.9	10.5	0.5	—	3.03%
PRGO	Perrigo Company plc	0.49%	—	6.0	0.6	6.98%	−10.89%
CBT	Cabot Corporation	0.48%	20.8	9.9	1.1	2.48%	0.69%
ASO	Academy Sports and Outdoors, Inc.	0.48%	9.8	7.3	0.6	1.02%	1.45%
HG	Hamilton Insurance Group, Ltd.	0.47%	6.3	—	1.2	—	2.25%
CNXC	Concentrix Corporation	0.47%	—	2.7	0.2	5.31%	−19.45%
ZD	Ziff Davis Inc	0.47%	—	9.8	1.4	—	−0.37%
GTX	Garrett Motion Inc.	0.46%	13.4	11.7	1.2	1.31%	1.02%
VSXY	Victoria's Secret & Co	0.46%	19.5	13.6	1.0	—	0.70%
INSW	International Seaways, Inc.	0.45%	7.0	15.1	4.3	7.44%	1.91%
CAKE	The Cheesecake Factory Incorporated	0.44%	31.1	22.6	1.5	1.04%	0.43%
LRN	Stride, Inc.	0.43%	11.5	8.6	1.4	—	1.13%

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 EES valuation

Adding up its 811 holdings with company data, EES trades at 28.6 times trailing earnings and 10.9 times analysts' forward estimates, with a price-to-book ratio of 1.74 and a dividend yield of 1.58%. Its earnings yield of 3.50% is 1.83 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 8.5% of the fund and earn 11.6% of its combined profit. By sector, Communication Services is the most expensive at 53.7 times earnings and Financial Services the cheapest at 12.9. Companies that lost money over the past year are 12.3% 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 95.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

EES valuation FAQ

What is the P/E ratio of EES?

Based on its holdings, EES has a trailing P/E of 28.6 and a forward P/E of 10.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of EES?

The trailing earnings yield is 3.50% (1 ÷ P/E) and the forward earnings yield 9.18%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is EES more expensive than the S&P 500?

EES trades at 28.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 10.9 and 19.9.

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

The holdings of EES trade at 1.74 times book value, with a combined return on equity of 6.1%.

Which sector in EES has the highest P/E?

Communication Services has the highest P/E at 53.7 and Financial Services the lowest at 12.9.