Wisdom Tree Emerging Markets High Dividend (DEM)

Bullish on EM, which has underperformed for the last 11 years and is set for a long period of outperformance. Overweights EM companies that have higher dividends and a higher quality tilt. Diversified, with a yield of about 4.5%, PE ratio of around 10.

Since the 2008 crash, EM has not done well. The US has led, instead. Today, it's the opposite: emerging markets offer low valuations, currencies and expectations. So, he's extremely bullish EM in the next 5-10 years. DEM pays a huge dividend over 5%. It takes the broad MSCI EM index and converts it to a higher-dividend index, meaning away from tech and consumer discr to financials and materials. This works for him, because he expects global growth post-Covid to be higher in 2021 by rotating to back-to-work sectors.