EPSV vs WTV

EPSVDHarbor SMID Cap Value ETF (EPSV)

WTVAWisdomTree U.S. Value Fund

In short

EPSV A 2025-vintage Harbor fund that hunts value down the market-cap ladder: roughly 60 small- and mid-cap US names, actively picked, in a corner of the market dominated by cheap large-cap index screens.

WTV Most value funds shop for low price tags. WTV shops for cash coming back to shareholders: dividends plus net buybacks, filtered for quality and profitability. Actively run, priced like an index fund at 0.12%.

Stated mandate

EPSV The Fund seeks long-term total return by investing principally in common stocks and other equity securities of U.S. small- and mid-capitalization companies. Normally, at least 80% of net assets plus investment borrowings is invested in smid-cap securities regarded as value stocks.

WTV The fund seeks income and capital appreciation through primarily U.S. equities selected for high total shareholder yield and favorable relative quality characteristics.

Why people hold it

• EPSV Concentrated by design: roughly 60 stocks, not the several hundred a broad value index sweeps up. Every holding actually moves the needle.
• Fishes below where most value ETFs cast. The prospectus commits at least 80% of net assets to small- and mid-cap stocks the manager reads as value.
• Truth in labeling: the portfolio it runs is the US smid value portfolio it advertises, not a large-cap book wearing a value badge.

• WTV Charges 0.12% a year, under a quarter of the 0.55% typical for active US value funds, and less than every same-benchmark rival in its group (JAVA 0.44%, CGVV 0.33%, TEQI 0.54%).
• "Value" here means cash returned: dividend yield plus net buyback yield, with quality and profitability screens, rather than a plain low price-to-book sort.wisdomtree.com
• About 160 US stocks, a multi-billion-dollar asset base, and a live track record dating to 2007. Distributions land quarterly.

Worth knowing

• EPSV 0.88% a year is active-manager pricing. Index-built value peers like AVMV charge 0.20%, so the stock picking carries a real cost hurdle.
• Launched in 2025, small, and thinly traded. Short record to judge on, and light volume can mean wider spreads getting in and out.
• Payouts land once or twice a year. This is built for total return, not a steady income stream.

• WTV Full equity with no downside cushion, and a value tilt that can lean into a handful of sectors. Risk is the least polished part of the profile.
• Rules-based active, not an index tracker, so results can diverge from the Russell 1000 Value in either direction.
• Buybacks supply much of the shareholder yield, and companies can scale repurchases back more easily than they cut dividends.wisdomtree.com

Full EPSV profile⁠

Full WTV profile⁠