DDLS Fees and Costs — WisdomTree Dynamic International SmallCap Equity Fund
Data updated: 2026-09-14
The net expense ratio is 0.48%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $228K in broker commissions, 0.0521% of average net assets, and portfolio turnover was 43%.
DDLS Fees and Expenses
Annual operating expenses and sales charges of DDLS. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.48% |
| Fee waiver | — |
| Net expense ratio | 0.48% |
| 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 |
DDLS Costs Over Time
On $10,000 invested in DDLS, assuming 5% a year before costs, total costs come to $336 over 5 years, cutting the return by 0.56% 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 0.48%) | $50 | $158 | $275 |
| Trading costs (broker commissions) | $5 | $17 | $30 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $56 | $184 | $336 |
| Value after costs | $10,444 | $11,392 | $12,427 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
DDLS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0521%
- Total broker commissions: $228K
- Bought from dealers (principal trades, not a cost): $210.9M
- Portfolio turnover (prospectus): 43%
- Securities on loan, average value: $15.6M
- Net income from securities lending: $676K (0.155% of average net assets)
DDLS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $216K | 95.24% |
| J.P. Morgan Securities LLC | $4K | 1.57% |
| UBS SECURITIES LLC | $2K | 0.71% |
| HSBC SECURITIES (USA) INC. | $1K | 0.50% |
| MORGAN STANLEY & CO. LLC | $1K | 0.46% |
| VIRTU AMERICAS LLC | $912 | 0.40% |
| INSTINET LLC | $738 | 0.33% |
| MACQUARIE CAPITAL (USA), INC. | $654 | 0.29% |
| SANFORD C. BERNSTEIN & CO., LLC | $629 | 0.28% |
| GOLDMAN SACHS & CO. LLC | $528 | 0.23% |
DDLS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $112.7M | 53.67% |
| UBS SECURITIES LLC | $47.1M | 22.42% |
| J.P. Morgan Securities LLC | $37.6M | 17.90% |
| CitiGroup Global Markets Inc. | $9.0M | 4.27% |
| GOLDMAN SACHS & CO. LLC | $2.0M | 0.94% |
| H & T GROUP PLC | $402K | 0.19% |
| DOMAIN HOLDINGS AUSTRALIA | $386K | 0.18% |
| NISSIN CORP | $332K | 0.16% |
| ORBIT TECHNOLOGIES PRIVATE LIMITED | $297K | 0.14% |
| TINEXTA S.P.A. | $273K | 0.13% |
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.