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Is WisdomTree U.S. MidCap ETF (EZM) a Strong ETF Right Now?
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Launched on 02/23/2007, the WisdomTree U.S. MidCap ETF (EZM - Free Report) is a smart beta exchange traded fund offering broad exposure to the Style Box - Mid Cap Value category of the market.
What Are Smart Beta ETFs?
Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.
Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating market returns, they work well for investors who believe in market efficiency.
But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market.
Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics.
Even though this space provides many choices to investors--think one of the simplest methodologies like equal-weighting and more complicated ones like fundamental and volatility/momentum based weighting--not all have been able to deliver first-rate results.
Fund Sponsor & Index
The fund is managed by Wisdomtree. EZM has been able to amass assets over $882.8 million, making it one of the average sized ETFs in the Style Box - Mid Cap Value. This particular fund seeks to match the performance of the WisdomTree U.S. MidCap Earnings Index before fees and expenses.
The WisdomTree U.S. MidCap Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the mid-capitalization segment of the U.S. Stock Market.
Cost & Other Expenses
Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio.
Operating expenses on an annual basis are 0.38% for this ETF, which makes it on par with most peer products in the space.
The fund has a 12-month trailing dividend yield of 1.29%.
Sector Exposure and Top Holdings
ETFs offer diversified exposure and thus minimize single stock risk, but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis.
For EZM, it has heaviest allocation in the Industrials sector --about 18.3% of the portfolio --while Financials and Consumer Discretionary round out the top three.
Taking into account individual holdings, Viatris Inc (VTRS) accounts for about 1.27% of the fund's total assets, followed by Cf Industries Holdings Inc (CF) and Apa Corp (APA).
EZM's top 10 holdings account for about 8.13% of its total assets under management.
Performance and Risk
Year-to-date, the WisdomTree U.S. MidCap ETF has added about 8.09% so far, and it's up approximately 26.88% over the last 12 months (as of 05/04/2026). EZM has traded between $58.04 $72.64 in this past 52-week period.
The ETF has a beta of 1.02 and standard deviation of 18.58% for the trailing three-year period, making it a medium risk choice in the space. With about 511 holdings, it effectively diversifies company-specific risk .
Alternatives
WisdomTree U.S. MidCap ETF is a reasonable option for investors seeking to outperform the Style Box - Mid Cap Value segment of the market. However, there are other ETFs in the space which investors could consider.
iShares Russell Mid-Cap Value ETF (IWS) tracks Russell MidCap Value Index and the Vanguard Mid-Cap Value Index Fund ETF Shares (VOE) tracks CRSP U.S. Mid Cap Value Index. iShares Russell Mid-Cap Value ETF has $14.92 billion in assets, Vanguard Mid-Cap Value Index Fund ETF Shares has $22.38 billion. IWS has an expense ratio of 0.23% and VOE changes 0.05%.
Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Mid Cap Value
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
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Is WisdomTree U.S. MidCap ETF (EZM) a Strong ETF Right Now?
Launched on 02/23/2007, the WisdomTree U.S. MidCap ETF (EZM - Free Report) is a smart beta exchange traded fund offering broad exposure to the Style Box - Mid Cap Value category of the market.
What Are Smart Beta ETFs?
Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.
Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating market returns, they work well for investors who believe in market efficiency.
But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market.
Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics.
Even though this space provides many choices to investors--think one of the simplest methodologies like equal-weighting and more complicated ones like fundamental and volatility/momentum based weighting--not all have been able to deliver first-rate results.
Fund Sponsor & Index
The fund is managed by Wisdomtree. EZM has been able to amass assets over $882.8 million, making it one of the average sized ETFs in the Style Box - Mid Cap Value. This particular fund seeks to match the performance of the WisdomTree U.S. MidCap Earnings Index before fees and expenses.
The WisdomTree U.S. MidCap Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the mid-capitalization segment of the U.S. Stock Market.
Cost & Other Expenses
Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio.
Operating expenses on an annual basis are 0.38% for this ETF, which makes it on par with most peer products in the space.
The fund has a 12-month trailing dividend yield of 1.29%.
Sector Exposure and Top Holdings
ETFs offer diversified exposure and thus minimize single stock risk, but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis.
For EZM, it has heaviest allocation in the Industrials sector --about 18.3% of the portfolio --while Financials and Consumer Discretionary round out the top three.
Taking into account individual holdings, Viatris Inc (VTRS) accounts for about 1.27% of the fund's total assets, followed by Cf Industries Holdings Inc (CF) and Apa Corp (APA).
EZM's top 10 holdings account for about 8.13% of its total assets under management.
Performance and Risk
Year-to-date, the WisdomTree U.S. MidCap ETF has added about 8.09% so far, and it's up approximately 26.88% over the last 12 months (as of 05/04/2026). EZM has traded between $58.04 $72.64 in this past 52-week period.
The ETF has a beta of 1.02 and standard deviation of 18.58% for the trailing three-year period, making it a medium risk choice in the space. With about 511 holdings, it effectively diversifies company-specific risk .
Alternatives
WisdomTree U.S. MidCap ETF is a reasonable option for investors seeking to outperform the Style Box - Mid Cap Value segment of the market. However, there are other ETFs in the space which investors could consider.
iShares Russell Mid-Cap Value ETF (IWS) tracks Russell MidCap Value Index and the Vanguard Mid-Cap Value Index Fund ETF Shares (VOE) tracks CRSP U.S. Mid Cap Value Index. iShares Russell Mid-Cap Value ETF has $14.92 billion in assets, Vanguard Mid-Cap Value Index Fund ETF Shares has $22.38 billion. IWS has an expense ratio of 0.23% and VOE changes 0.05%.
Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Mid Cap Value
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.