ATLASWisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE): outlook, holdings and fees
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) is an exchange-traded fund and is managed by WisdomTree. The expense ratio is 0.33% and the yield is 1.72%. The ten largest holdings are 36% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on XSOE
| Last price | $43.28 (+1.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 53% |
| Likely 1-month range (50%) | $41.75 – $45.19 |
| Normal 1-day range (±1σ) | ±1.3% |
| Distribution yield | 1.72% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
XSOE fund facts
| Issuer | WisdomTree |
|---|---|
| Theme | Emerging markets |
| Assets under management | $2.1B |
| Expense ratio | 0.33% |
| Number of holdings | 50 |
| Portfolio turnover | 29% |
| Inception | Dec 10, 2014 |
| Exchange | NYSE |
The fund invests, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in constituents of the index that have economic characteristics that are substantially similar to the economic characteristics of such constituents. The index is a modified float-adjusted market cap weighted index that consists of common stocks in emerging markets, excluding common stocks of "state-owned enterprises. It is non-diversified.
XSOE top holdings
| Holding | Sector | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | Technology | 13.83% |
| Samsung Electronics Co Ltd SSNLF | Technology | 6.71% |
| SK Hynix Inc 000660 | Technology | 5.22% |
| Tencent Holdings Ltd 0700 | Communication Services | 2.68% |
| Alibaba Group Holding Ltd 9988 | Consumer Cyclical | 2.13% |
| MediaTek Inc 2454 | Technology | 1.93% |
| Al Rajhi Bank 1120 | Financial Services | 1.10% |
| MercadoLibre Inc. MELI | Consumer Cyclical | 0.82% |
| Delta Electronics Inc 2308 | Technology | 0.75% |
| HDFC Bank Limited HDFCBANK | Financial Services | 0.78% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
XSOE sector breakdown
| Sector | Weight |
|---|---|
| Technology | 44.2% |
| Financial Services | 15.4% |
| Consumer Cyclicals | 10.5% |
| Industrials | 7.7% |
| Communication Services | 5.9% |
| Healthcare | 4.6% |
| Basic Materials | 4.5% |
| Consumer Defensive | 3.5% |
| Energy | 1.6% |
| Utilities | 1.3% |
| Real Estate | 0.9% |
By region: Asia Developed 51.0%, Asia Emerging 34.1%, Latin America 6.5%, Africa/Middle East 5.6%, Europe Emerging 2.1%.
XSOE returns and risk
| Year to date | +20.5% |
|---|---|
| 1 year | +23.8% |
| 3 years (annualised) | +22.9% |
| 5 years (annualised) | +6.2% |
| 10 years (annualised) | +8.5% |
| Volatility (3 years) | 16.9% |
| Sharpe ratio (3 years) | 0.96 |
Past returns do not guarantee future results.
XSOE: frequently asked questions
What does XSOE invest in?
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund invests in a portfolio of securities. Its largest holdings are Taiwan Semiconductor Manufacturing Co. Ltd. (13.8%), Samsung Electronics Co Ltd (6.7%), SK Hynix Inc (5.2%), Tencent Holdings Ltd (2.7%), Alibaba Group Holding Ltd (2.1%).
What is the XSOE expense ratio?
0.33% a year: about $33.00 for every $10,000 invested.
What is the XSOE dividend yield?
1.72%. ATLAS does not hold the exact distribution dates for ETFs.
Will XSOE go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 53%, with a likely range (50%) of $41.75 to $45.19 from $43.28 today. It is a probability, not a prediction.
How has XSOE performed?
Year to date +20.5%, one year +23.8%, three years +22.9% a year, five years +6.2% a year. Past returns do not guarantee future results.
Similar ETFs: Emerging markets
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- Vanguard FTSE Emerging Markets ETF (VWO)
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- Avantis Emerging Markets Equity ETF (AVEM)
- SPDR Portfolio Emerging Markets ETF (SPEM)
- Schwab Emerging Markets Equity ETF (SCHE)
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Educational information, not investment advice. Disclaimer