WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) is an exchange-traded fund that seeks to track the investment results of an index composed of emerging market companies excluding state-owned enterprises. The fund provides exposure to equity securities in emerging market companies domiciled in various countries across Asia, Latin America, Europe, the Middle East, and Africa, with a focus on firms that meet specific liquidity and market capitalization criteria; it employs a passive management strategy utilizing a representative sampling technique to replicate the WisdomTree Emerging Markets ex-State-Owned Enterprises Index. XSOE offers investors diversified access to high-growth potential sectors such as consumer discretionary, information technology, financials, and industrials in private-sector driven economies.
Established in 2017 and domiciled in the United States, the fund is issued and managed by WisdomTree Trust, a subsidiary of WisdomTree, Inc., with primary operations listed on the Nasdaq Stock Market. It targets institutional and retail investors seeking emerging markets exposure without the influence of government-controlled entities, emphasizing companies where private ownership exceeds state involvement thresholds as defined by the index methodology.
In recent developments, WisdomTree announced enhancements to its emerging markets offerings, including the launch of complementary ETFs and index rebalances in 2024 to improve liquidity and sector allocations amid geopolitical shifts; the firm also completed a strategic merger of certain UCITS funds in Europe during 2023, expanding its global footprint, and secured partnerships with leading custodians for optimized trading efficiency in 2025.