DEW (ETF) Components

Someone told me that I should look into an ETF called DEW, as I have an interest in securities that pay a high dividend.  This is WisdomTree's global equity income fund.  The annualized yield is only 3.7%, with an expense ratio of 0.58%.  They list all the components of the fund, so theoretically one could pick out a few promising ones and mimic the fund with lower overhead.  It's good for mining a few ideas, anyway.