AIVL Fees and Costs — WisdomTree U.S. AI Enhanced Value Fund
Data updated: 2026-08-31
The net expense ratio is 0.38%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $96K in broker commissions, 0.0250% of average net assets, and portfolio turnover was 94%.
AIVL Fees and Expenses
Annual operating expenses and sales charges of AIVL. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.38% |
| Fee waiver | — |
| Net expense ratio | 0.38% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
AIVL Costs Over Time
On $10,000 invested in AIVL, assuming 5% a year before costs, total costs come to $256 over 5 years, cutting the return by 0.43% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.38%) | $40 | $125 | $219 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $43 | $140 | $256 |
| Value after costs | $10,457 | $11,436 | $12,506 |
| Impact on return, per year | 0.43% | 0.43% | 0.43% |
AIVL Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0250%
- Total broker commissions: $96K
- Bought from dealers (principal trades, not a cost): $34.0M
- Portfolio turnover (prospectus): 94%
- Securities on loan, average value: $4.4M
- Net income from securities lending: $8K (0.002% of average net assets)
AIVL Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $44K | 51.17% |
| J.P. Morgan Securities LLC | $8K | 9.36% |
| MIZUHO SECURITIES USA LLC | $8K | 8.99% |
| CITADEL SECURITIES LLC | $7K | 8.51% |
| VIRTU AMERICAS LLC | $7K | 7.99% |
| WELLS FARGO SECURITIES, LLC | $4K | 4.20% |
| INSTINET LLC | $3K | 3.52% |
| RAYMOND JAMES & ASSOCIATES, INC. | $2K | 2.35% |
| UBS SECURITIES LLC | $2K | 2.09% |
| JONESTRADING | $2K | 1.82% |
AIVL Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JANE STREET EXECUTION SERVICES, LLC | $8.7M | 25.69% |
| RBC CAPITAL MARKETS, LLC | $8.5M | 25.14% |
| BOFA SECURITIES, INC. | $8.4M | 24.65% |
| CITADEL SECURITIES LLC | $8.3M | 24.52% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.