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Is WisdomTree U.S. MidCap ETF (EZM) a Strong ETF Right Now?
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The WisdomTree U.S. MidCap ETF (EZM - Free Report) made its debut on 02/23/2007, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Mid Cap Value category of the market.
What Are Smart Beta ETFs?
Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.
A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns.
However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta.
By attempting to pick stocks that have a better chance of risk-return performance, non-cap weighted indexes are based on certain fundamental characteristics, or a combination of such.
This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results.
Fund Sponsor & Index
The fund is managed by Wisdomtree. EZM has been able to amass assets over $933.93 million, making it one of the average sized ETFs in the Style Box - Mid Cap Value. EZM 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
Expense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same.
Operating expenses on an annual basis are 0.38% for EZM, making it on par with most peer products in the space.
The fund has a 12-month trailing dividend yield of 1.21%.
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.
EZM's heaviest allocation is in the Financials sector, which is about 18.3% of the portfolio. Its Industrials and Consumer Discretionary round out the top three.
When you look at 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).
The top 10 holdings account for about 8.13% of total assets under management.
Performance and Risk
Year-to-date, the WisdomTree U.S. MidCap ETF has gained about 13.35% so far, and it's up approximately 19.75% over the last 12 months (as of 07/07/2026). EZM has traded between $61.83 $75.78 in this past 52-week period.
EZM has a beta of 1.00 and standard deviation of 18.13% for the trailing three-year period, which makes the fund 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 $15.65 billion in assets, Vanguard Mid-Cap Value Index Fund ETF Shares has $23.2 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?
The WisdomTree U.S. MidCap ETF (EZM - Free Report) made its debut on 02/23/2007, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Mid Cap Value category of the market.
What Are Smart Beta ETFs?
Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.
A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns.
However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta.
By attempting to pick stocks that have a better chance of risk-return performance, non-cap weighted indexes are based on certain fundamental characteristics, or a combination of such.
This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results.
Fund Sponsor & Index
The fund is managed by Wisdomtree. EZM has been able to amass assets over $933.93 million, making it one of the average sized ETFs in the Style Box - Mid Cap Value. EZM 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
Expense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same.
Operating expenses on an annual basis are 0.38% for EZM, making it on par with most peer products in the space.
The fund has a 12-month trailing dividend yield of 1.21%.
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.
EZM's heaviest allocation is in the Financials sector, which is about 18.3% of the portfolio. Its Industrials and Consumer Discretionary round out the top three.
When you look at 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).
The top 10 holdings account for about 8.13% of total assets under management.
Performance and Risk
Year-to-date, the WisdomTree U.S. MidCap ETF has gained about 13.35% so far, and it's up approximately 19.75% over the last 12 months (as of 07/07/2026). EZM has traded between $61.83 $75.78 in this past 52-week period.
EZM has a beta of 1.00 and standard deviation of 18.13% for the trailing three-year period, which makes the fund 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 $15.65 billion in assets, Vanguard Mid-Cap Value Index Fund ETF Shares has $23.2 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.