DES Stock Summary and Trading Ideas (WisdomTree U.S. Smallcap Dividend | ARCA:DES)

The WisdomTree U.S. SmallCap Dividend Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the US dividend-paying market. The Index is comprised of the companies that compose the bottom 25% of the market capitalization of the WisdomTree U.S. Dividend Index after the 300 largest companies have been removed. The index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year.

WisdomTree U.S. Smallcap Dividend trades on the ARCA stock market under the symbol DES.

As of April 18, 2024, DES stock price climbed to $30.54 with 87,421 million shares trading.

DES has a beta of 1.07, meaning it tends to be more sensitive to market movements. DES has a correlation of 0.52 to the broad based SPY ETF.

DES has a market cap of $1.85 billion. This is considered a Small Cap stock.

In the last 3 years, DES stock traded as high as $33.95 and as low as $25.74.

DES has underperformed the market in the last year with a price return of +9.8% while the SPY ETF gained +22.3%. DES has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.4% and -4.3%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

DES support price is $29.97 and resistance is $30.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DES stock will trade within this expected range on the day.