CXSE Fees and Costs — WisdomTree China ex-State-Owned Enterprises Fund
Data updated: 2026-08-31
The net expense ratio is 0.32%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $191K in broker commissions, 0.0397% of average net assets, and portfolio turnover was 37%.
CXSE Fees and Expenses
Annual operating expenses and sales charges of CXSE. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.32% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.32% |
| Fee waiver | — |
| Net expense ratio | 0.32% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
CXSE Costs Over Time
On $10,000 invested in CXSE, assuming 5% a year before costs, total costs come to $228 over 5 years, cutting the return by 0.38% 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 0.32%) | $34 | $106 | $184 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $38 | $124 | $228 |
| Value after costs | $10,462 | $11,452 | $12,535 |
| Impact on return, per year | 0.38% | 0.38% | 0.38% |
CXSE 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): 0.0397%
- Total broker commissions: $191K
- Bought from dealers (principal trades, not a cost): $54.6M
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $12.5M
- Net income from securities lending: $543K (0.113% of average net assets)
CXSE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $60K | 31.35% |
| BOFA SECURITIES, INC. | $56K | 29.61% |
| UBS Securities LLC | $50K | 26.19% |
| MORGAN STANLEY & CO. LLC | $11K | 5.81% |
| VIRTU AMERICAS LLC | $8K | 4.40% |
| GOLDMAN SACHS & CO. LLC | $3K | 1.65% |
| MACQUARIE CAPITAL (USA), INC. | $1K | 0.60% |
| SANFORD C. BERNSTEIN & CO., LLC | $319 | 0.17% |
| HSBC SECURITIES (USA) INC. | $282 | 0.15% |
| CLSA AMERICAS, LLC | $156 | 0.08% |
CXSE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $36.8M | 67.47% |
| VIRTU AMERICAS LLC | $7.7M | 14.05% |
| UBS SECURITIES LLC | $5.7M | 10.47% |
| BOFA SECURITIES, INC. | $1.8M | 3.22% |
| GOLDMAN SACHS & CO. LLC | $1.7M | 3.04% |
| MORGAN STANLEY & CO. LLC | $872K | 1.60% |
| Macquarie Capital (USA) Inc. | $91K | 0.17% |
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.