DHS Fees and Costs — WisdomTree U.S. High Dividend 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 $113K in broker commissions, 0.0087% of average net assets, and portfolio turnover was 38%.
DHS Fees and Expenses
Annual operating expenses and sales charges of DHS. 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 | Yes |
| Waived fees subject to recoupment | No |
DHS Costs Over Time
On $10,000 invested in DHS, assuming 5% a year before costs, total costs come to $246 over 5 years, cutting the return by 0.41% 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) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $41 | $134 | $246 |
| Value after costs | $10,459 | $11,442 | $12,517 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
DHS 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): 0.0087%
- Total broker commissions: $113K
- Bought from dealers (principal trades, not a cost): $750.0M
- Portfolio turnover (prospectus): 38%
- Securities on loan, average value: $29.0M
- Net income from securities lending: $50K (0.004% of average net assets)
DHS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $92K | 81.75% |
| UBS SECURITIES LLC | $14K | 12.83% |
| MORGAN STANLEY & CO. LLC | $1K | 1.09% |
| J.P. Morgan Securities LLC | $1K | 1.09% |
| BOFA SECURITIES, INC. | $1K | 1.00% |
| GOLDMAN SACHS & CO. LLC | $918 | 0.82% |
| RBC CAPITAL MARKETS, LLC | $520 | 0.46% |
| PIPER SANDLER & CO. | $409 | 0.36% |
| INSTINET LLC | $376 | 0.34% |
| CANTOR FITZGERALD & CO. | $289 | 0.26% |
DHS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $523.9M | 70.35% |
| UBS SECURITIES LLC | $100.2M | 13.45% |
| VIRTU AMERICAS LLC | $38.7M | 5.19% |
| JANE STREET EXECUTION SERVICES, LLC | $34.3M | 4.61% |
| J.P. Morgan Securities LLC | $16.9M | 2.27% |
| CITADEL SECURITIES LLC | $14.0M | 1.89% |
| GOLDMAN SACHS & CO. LLC | $8.3M | 1.12% |
| BARCLAYS CAPITAL, INC. | $6.0M | 0.81% |
| Macquarie Capital (USA) Inc. | $2.2M | 0.29% |
| PIPER SANDLER & CO. | $200K | 0.03% |
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.