EES Fees and Costs — WisdomTree U.S. SmallCap 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 $156K in broker commissions, 0.0254% of average net assets, and portfolio turnover was 48%.
EES Fees and Expenses
Annual operating expenses and sales charges of EES. 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 |
EES Costs Over Time
On $10,000 invested in EES, assuming 5% a year before costs, total costs come to $257 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 | $15 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $43 | $140 | $257 |
| Value after costs | $10,457 | $11,436 | $12,506 |
| Impact on return, per year | 0.43% | 0.43% | 0.43% |
EES 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): 0.0254%
- Total broker commissions: $156K
- Bought from dealers (principal trades, not a cost): $307.5M
- Portfolio turnover (prospectus): 48%
- Securities on loan, average value: $36.2M
- Net income from securities lending: $196K (0.032% of average net assets)
EES Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $145K | 93.40% |
| MORGAN STANLEY & CO. LLC | $2K | 1.46% |
| INSTINET LLC | $2K | 1.33% |
| J.P. Morgan Securities LLC | $2K | 0.97% |
| GOLDMAN SACHS & CO. LLC | $1K | 0.91% |
| BOFA SECURITIES, INC. | $1K | 0.84% |
| PIPER SANDLER & CO. | $745 | 0.48% |
| CitiGroup Global Markets Inc. | $381 | 0.25% |
| RBC CAPITAL MARKETS, LLC | $324 | 0.21% |
| CITADEL SECURITIES LLC | $251 | 0.16% |
EES Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $171.9M | 59.96% |
| BOFA SECURITIES, INC. | $61.4M | 21.40% |
| CITADEL SECURITIES LLC | $20.2M | 7.05% |
| GOLDMAN SACHS & CO. LLC | $11.3M | 3.93% |
| VIRTU AMERICAS LLC | $8.4M | 2.91% |
| PIPER SANDLER & CO. | $4.2M | 1.45% |
| BARCLAYS CAPITAL, INC. | $3.0M | 1.06% |
| JANE STREET EXECUTION SERVICES, LLC | $2.9M | 1.01% |
| INSTINET, LLC | $2.6M | 0.90% |
| Macquarie Capital (USA) Inc. | $945K | 0.33% |
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.