WisdomTree Emerging Markets ESG Fund
DVEM
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- IPO Date
- Apr 5, 2016
- Similar Companies
- Business
- WisdomTree Emerging Markets ESG Fund (DVEM) is an actively managed exchange-traded fund (ETF) that seeks capital appreciation through investments in emerging market equities selected via a model-based approach incorporating environmental, social, and governance (ESG) criteria, fundamental factors such as value, quality, momentum, and correlation, and a modified market-cap weighting that favors higher market-cap constituents with positive sustainability scores from independent third-party ESG research. The fund provides exposure to high-yield dividend-paying companies across emerging market regions, including broad diversified holdings in sectors like consumer goods, financials, and technology from countries such as India, Brazil, Taiwan, and South Africa; it targets institutional and retail investors seeking ESG-integrated emerging market strategies with income potential. Launched on April 7, 2016, and headquartered in New York as part of WisdomTree Investments, Inc., which traces its roots to 1985, DVEM operates primarily in U.S. and global exchanges with assets under management of approximately $42.78 million and a net expense ratio of 0.32%. Prior to March 16, 2020, the fund operated as the WisdomTree Emerging Markets Dividend Fund, tracking the WisdomTree Emerging Markets Dividend Index focused on dividend-paying emerging market stocks; it underwent a strategic shift to active management under the ESG framework, renamed WisdomTree Emerging Markets ESG Fund (with related ticker changes like RESE for certain share classes), and emphasized ESG screening alongside multi-factor models. In October 2024, WisdomTree Asset Management faced a $4 million SEC civil penalty and cease-and-desist order for misstatements in ESG fund prospectuses from March 2020 to November 2022, where DVEM and similar funds inadvertently held fossil fuel and tobacco-related securities due to inadequate third-party data screening and compliance procedures, prompting prospectus updates to include risk disclosures on data limitations. More recently, WisdomTree announced in July 2025 its acquisition of Ceres Partners, a U.S. farmland investment manager, marking entry into private markets; while not directly altering DVEM, this expands WisdomTree's platform into real assets like farmland, solar, AI data infrastructure, and water, complementing public market ESG offerings. In July 2025, WisdomTree refined its broader emerging markets strategies, such as the True Emerging Markets Index, reclassifying South Korea and Taiwan as developed markets and reducing China exposure to prioritize higher-growth economies like India and Brazil, potentially influencing DVEM's active selection process.