WisdomTree India ex-State-Owned Enterprises Fund

WisdomTree India ex-State-Owned Enterprises Fund

IXSE
WisdomTree India ex-State-Owned Enterprises FundUS flagNew York Stock Exchange Arca
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USD
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Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

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Growth Rates

FRC

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Quarterly Revenue

FRC

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

FRC

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Company Description

APIChat
Sector
Financial Services
Industry
Asset Management - Global
Address
DE United States of America
IPO Date
Apr 4, 2019
Business
WisdomTree India ex-State-Owned Enterprises Fund (IXSE) is an exchange-traded fund that seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India ex-State-Owned Enterprises Index. The fund provides targeted exposure to companies incorporated and traded in India by excluding common stocks of state-owned enterprises, defined as those with more than 20% government ownership; it invests primarily in equities across sectors such as finance (20.7%), technology services (13.44%), consumer discretionary, information technology, utilities (0.9%), and electronic technology (0.51%), with allocations to large-cap (64.43%), mid-cap (32.6%), small-cap (2.94%), and micro-cap (0.03%) stocks; holdings number approximately 145, with the top 10 comprising 42.20% of assets. IXSE emphasizes private sector companies to capture growth in India's consumer economy and capital-intensive sectors like industrials, while avoiding unprofitable state-influenced entities such as banks and energy firms. Operated by WisdomTree, Inc., a global financial innovator and ETF sponsor founded in 1985 and headquartered in New York, New York, the fund trades on NYSE Arca with an expense ratio of 0.58% and focuses on India's Asia Pacific region (100.03% allocation), targeting institutional and individual investors seeking emerging market exposure. WisdomTree provides a diversified suite of exchange-traded products, models, solutions, and digital asset-related offerings across North America, Latin America, Europe, and other regions. Launched in April 2019, IXSE aligns with WisdomTree's strategy of ex-state-owned enterprises funds, similar to those for emerging markets (XSOE) and China (CXSE). Recent index-related changes include the postponement of its annual reconstitution in 2023 and ongoing rebalances, such as those announced for 2024 and 2025 affecting related WisdomTree equity indexes screened on September 30, 2024, November 30, 2024, and December 2025. On the parent company level, WisdomTree completed the acquisition of Ceres Partners, LLC, a U.S. farmland investment manager, in October 2025 for $275 million upfront plus potential earnout, marking its entry into private asset markets with inflation-hedged real assets alongside its ETF offerings. Additional strategic moves encompass capital structure optimization via $475 million convertible notes issuance and $114 million share/debt repurchases in 2025, alongside advancements in digital innovation, tokenization, and AI-related exposures.