At a glance
EUDG charges 0.58% a year, above the 0.31% average of the 8 funds most like it (the 8th cheapest of 9). It has $67.5M in assets, the 9th largest of that group; it paid 2.43% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +7.1% with distributions reinvested (S&P 500: +11.5%), 5th of those 9 funds; over three years it returned +13.9% a year. At its worst it fell 32.5% in the 2020 crash (S&P 500: 33.7%) and 32.8% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 5 months and 18 months after the lows. Its ten largest positions make up 35.4% of the fund, out of 228 in all.
The short version
WisdomTree Europe Quality Dividend Growth Fund (EUDG) is an ETF that tracks the WisdomTree Europe Quality Dividend Growth Index. The index holds European dividend payers screened for earnings growth and profitability, and it weights them by the dividends they pay. As of June 30, 2026, the fund leaned toward Swiss and UK names such as Novartis, Nestlé and Roche. Its 0.58% fee is far above broad Europe funds like Vanguard FTSE Europe ETF (0.06%).
Price history
The interactive chart needs JavaScript.
EUDG +7.1% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| EUDG official prospectus, to Dec 31, 2025 | — | +28.41% | — | +7.07% | +7.88% | — |
| Wisdom Tree Europe Quality Dividend Growth Index (Reflects no deduction for fees, expenses or taxes) index, same period | — | +28.93% | — | +7.48% | +8.35% | — |
| MSCI Europe Index (Reflects no deduction for fees, expenses or taxes) index, same period | — | +35.41% | — | +10.30% | +8.52% | — |
| EUDG price data to Oct 27, 2026 | +2.7% | +7.1% | +13.9% | +5.1% | +8.6% | +5.8% |
- Over the year to Oct 27, 2026, EUDG returned +7.1%, 5th of 9 among similar funds.
- Its 5-year annualized return was +5.1% and its 10-year +8.6%.
- In the 2020 COVID crash it fell 32.5% and regained its old high 4.7 months after the low.
- Its worst full calendar year was 2022 (-18.3%); its best was 2017 (+29.7%).
- The deepest fall in its price history was 33.8% (Jan 17, 2020 to Mar 23, 2020), recovered by Sep 2, 2020.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +2.6% | — |
| 2025 | +29.0% | +28.41% |
| 2024 | -4.3% | -3.56% |
| 2023 | +19.4% | +19.69% |
| 2022 | -18.3% | -18.23% |
| 2021 | +16.9% | +16.10% |
| 2020 | +11.3% | +12.04% |
| 2019 | +28.6% | +28.00% |
| 2018 | -15.1% | -15.05% |
| 2017 | +29.7% | +29.63% |
| 2016 | -3.8% | -3.94% |
| 2015 | +3.2% | — |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 32.5% over that stretch · deepest drop along the way 32.5%, back to its old high 4.7 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 31.1% over that stretch · deepest drop along the way 32.8%, back to its old high 17.5 months after the low |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.7200 | |
| 2025 | $0.8300 | +15.3% |
| 2024 | $0.7200 | +5.9% |
| 2023 | $0.6800 | -19.0% |
| 2022 | $0.8400 | -18.4% |
| 2021 | $1.0300 | +80.7% |
| 2020 | $0.5700 | -13.6% |
| 2019 | $0.6600 | -2.9% |
| 2018 | $0.6800 | +61.9% |
| 2017 | $0.4200 | -19.2% |
| 2016 | $0.5200 | +8.3% |
| 2015 | $0.4800 |
What's inside
As of Jun 30, 2026, the fund held 228 securities; the ten largest made up 35.44% of assets.
| Holding | Weight | |
|---|---|---|
| NOVARTIS AG | 5.09% | |
| NESTLE' SA/AG | 4.89% | |
| ROCHE HOLDING AG Preferred stock | 4.37% | |
| INDUSTRIA DE DISENO TEXTIL SA | 3.38% | |
| LVMH MOET HENNESSY LOUIS VUITTON SE | 3.32% | |
| BANCO BILBAO VIZCAYA ARGENTARIA SA | 3.32% | |
| ASML HOLDING NV | 2.98% | |
| BP PLC | 2.81% | |
| ING GROEP NV | 2.67% | |
| ASTRAZENECA PLC | 2.61% | |
| NOVO NORDISK A/S | 2.58% | |
| UNILEVER PLC | 2.25% | |
| L'OREAL SA | 2.18% | |
| DEUTSCHE TELEKOM AG | 2.05% | |
| GSK PLC | 1.99% |
By country
United Kingdom 19.33%Switzerland 19.3%France 14.38%Germany 10.68%Netherlands 9.66%By asset type
Stocks 94.46%Preferred stock 4.41%What changed recently
- Over the three months to Jun 30, 2026, investors withdrew a net $3.8M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +6.19%, +2.78%, -0.04%.
How it works
EUDG is an index fund. WisdomTree Asset Management tries to match the WisdomTree Europe Quality Dividend Growth Index, before fees. Its parent company, WisdomTree, designed that index. To qualify, a company must be based and listed in one of 15 European countries. It must also pay at least $5 million a year in cash dividends, be worth at least $1 billion and trade actively. Its earnings yield must be higher than its dividend yield, meaning its profits cover the payout.
From that pool, the index keeps about 300 companies that rank highest on three measures: expected medium-term earnings growth, return on equity and return on assets. The last two show how profitably a business uses its money. Stocks are then weighted by the total dollars of dividends they paid. That puts big payers on top, such as Novartis (5.1% as of June 30, 2026) and Nestlé (4.9%). At each yearly screening, no single stock can be more than 5%. Country and sector weights must also stay within set ranges of their weight in a market-value-weighted version of the pool.
The fund uses representative sampling: it owns a selection of stocks chosen to behave like the whole index. As of June 30, 2026, it held 228 companies and no derivatives. It must keep at least 80% of net assets in index stocks or close equivalents. The prospectus lists portfolio turnover of 35%. The stocks trade in euros, pounds, Swiss francs and other currencies, so exchange-rate moves affect returns for US holders.
What it really costs
- EUDG charges 0.58% a year, versus an average of 0.31% for the similar funds below (8th of 9, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $59 in the first year and $726 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| EUDG | $59 | $186 | $324 | $726 |
In a retirement portfolio
It adds European stocks and foreign-currency exposure that a US-focused portfolio may lack, but its swings are like any stock fund's, so it isn't defensive.
EUDG could add European companies to a portfolio built mostly on US stocks. It tilts toward profitable dividend payers in industrials, health care and financials. The fund launched in 2014, so it has no record from 2008. In the 2020 COVID crash it fell 32.5% and recovered in about 4.7 months. The 2022 bear market lasted longer: a 32.8% drop took 17.5 months to recover, ending in March 2024. 2022 was also its worst calendar year, at about −18%. Anyone selling shares for cash during a stretch like that would lock in losses.
It paid a trailing 12-month yield of 2.43% in quarterly dividends as of Oct 27, 2026. Its cost is high for the category. In the SEC's standard $10,000 example, fees come to about $59 in the first year and $726 over 10 years. Past results don't predict future ones. A retirement plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors who want European stocks screened for profitability and earnings growth, rather than a plain market-value index of the whole region.
- People who want quarterly dividends from European companies; the trailing yield was 2.43% as of Oct 27, 2026.
- Those comfortable with heavy weights in the UK and Switzerland, about 19% each as of June 30, 2026, led by Novartis, Nestlé and Roche.
Look elsewhere if
- Cost-focused investors: 0.58% compares with 0.06% for Vanguard FTSE Europe ETF and 0.09% for iShares Core MSCI Europe ETF.
- Investors who want to match broad Europe: over 10 years to Dec 31, 2025, EUDG returned 7.88% a year, against 8.52% for the MSCI Europe Index.
- Investors who prefer large, heavily traded funds; EUDG had $67.5 million in net assets as of June 30, 2026, the smallest of nine similar funds.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| EUDG this fund | — | 0.58% | $67.5M | +7.1% | +13.9% |
| IQDG WisdomTree International Quality Dividend G… | 70% | 0.42% | $695.5M | +6.7% | +14.0% |
| BBEU JPMorgan BetaBuilders Europe ETF | 41% | 0.09% | $9.36B | +9.5% | +19.8% |
| IEV iShares Europe ETF | 41% | 0.61% | $1.63B | +9.5% | +19.4% |
| IEUR iShares Core MSCI Europe ETF | 40% | 0.09% | $8.95B | +9.6% | +19.9% |
| VGK Vanguard FTSE Europe ETF | 38% | 0.06% | $38.51B | +11.9% | +19.7% |
| EZU iShares MSCI Eurozone ETF | 28% | 0.51% | $9.91B | +6.8% | +21.0% |
| FEZ SPDR EURO STOXX 50 ETF | 25% | 0.29% | $4.35B | +5.6% | +20.6% |
Questions investors ask
Is EUDG good for retirement income?
EUDG pays a modest income rather than a high one. Its trailing 12-month yield (dividends paid over the past year divided by the share price) was 2.43% as of October 27, 2026, or about $0.92 per share, paid quarterly. The WisdomTree Europe Quality Dividend Growth Index favors profitable companies with earnings growth, so the fund may suit retirees who care more about dividend growth than a high starting yield. Its companies pay in euros, pounds, Swiss francs and other currencies, so exchange-rate swings affect what U.S. investors receive.
What are EUDG's top holdings?
As of June 30, 2026, EUDG's largest holdings were Novartis (5.1%), Nestlé (4.9%), Roche (4.4%), Inditex (3.4%), LVMH (3.3%) and BBVA (3.3%). The fund held shares of 228 companies, and the top 10 made up 35.4% of assets. The United Kingdom (19.3%) and Switzerland (19.3%) were the biggest country weights, followed by France (14.4%) and Germany (10.7%). Industrials, healthcare and financials were each roughly 15% or more of the index.
What is EUDG's expense ratio?
EUDG's expense ratio, the yearly fee deducted from fund assets, is 0.58%, according to its prospectus filed July 29, 2026. That is well above the 0.31% average for similar funds. Among the nine funds compared, only iShares Europe ETF (IEV), at 0.61%, costs more. Vanguard FTSE Europe ETF (VGK) charges 0.06%. In the SEC's standard example, a $10,000 investment earning 5% a year would cost about $59 after one year and $726 over 10 years.
What's the difference between EUDG and IQDG?
EUDG focuses on Europe, while IQDG, the WisdomTree International Quality Dividend Growth Fund, uses the same quality dividend growth approach across a wider set of markets, as its name suggests. About 70% of their holdings overlap. IQDG is cheaper, at 0.42% versus 0.58%, and far larger, with about $695 million in net assets versus EUDG's $68 million as of June 30, 2026. As of October 27, 2026, one-year returns were 7.1% for EUDG and 6.7% for IQDG, and three-year returns were about 14% a year for both.
Has EUDG beaten the MSCI Europe Index?
No, not over the periods shown in its prospectus. As of December 31, 2025, EUDG returned 28.41% over one year, 7.07% a year over five years and 7.88% a year over 10 years. The MSCI Europe Index, which has no fees, returned 35.41%, 10.3% and 8.52% over the same periods. EUDG also trailed its own WisdomTree index, which returned 8.35% a year over 10 years. In the 2022 bear market, the fund fell 32.8% from peak to trough and took about 17.5 months to recover.