WISDOMTREE DEFA (DWM)

macaroniBBQ (66.15) Submitted: 10/24/2006 1:15:05 PM : Start Price: $52.60 DWM Score: +4.33

This is the best developed market, ex-US ETF, better than EFA even. the expense ratio might be higher at .48%, but this is for the expected better value you are getting from Wisdomtree's methods of stockpicking. I like to couple this ETF with ADRE since they have very low country overlap, thus maximizing diversification and minimizing correlation. Look it up on ETFconnect. They invest in high-dividend yield, largecap value companies from around the developed world (mainly UK, FR, Australia, JAP, etc. etc.). This beta I would estimate to be < 1.10, probably around what SPY or VTI is (about 1.07). EFA is a solid pick too (I own a bunch of it actually, sice this only came out recently). The difference with this is that it has, IMO, better country diversification that EFA and less overlap with ADRE. couple that with Wisdomtree's dividend slection strategy and I think the underlying stocks will outperform EFA.