GDE Fees and Costs — WisdomTree Efficient Gold Plus Equity Strategy Fund
Data updated: 2026-07-30
The net expense ratio is 0.20%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0018% of average net assets, and portfolio turnover was 30%.
GDE Fees and Expenses
Annual operating expenses and sales charges of GDE. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.20% |
| Fee waiver | — |
| Net expense ratio | 0.20% |
| 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 |
GDE Costs Over Time
On $10,000 invested in GDE, assuming 5% a year before costs, total costs come to $128 over 5 years, cutting the return by 0.21% 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 0.20%) | $21 | $66 | $116 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $21 | $70 | $128 |
| Value after costs | $10,479 | $11,506 | $12,635 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
GDE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0018%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $293.7M
- Portfolio turnover (prospectus): 30%
- Securities on loan, average value: $402K
- Net income from securities lending: $158 (0.000% of average net assets)
GDE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PIPER SANDLER & CO. | $309 | 15.54% |
| J.P. MORGAN SECURITIES LLC | $309 | 15.54% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $238 | 11.97% |
| BOFA SECURITIES, INC. | $236 | 11.87% |
| GOLDMAN SACHS & CO. LLC | $231 | 11.62% |
| MORGAN STANLEY & CO. LLC | $190 | 9.56% |
| RBC CAPITAL MARKETS, LLC | $158 | 7.95% |
| CITIGROUP GLOBAL MARKETS INC. | $126 | 6.34% |
| UBS Securities LLC | $125 | 6.29% |
| Instinet LLC | $66 | 3.32% |
GDE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $125.1M | 42.61% |
| BOFA SECURITIES, INC. | $105.0M | 35.76% |
| BNY MELLON CAPITAL MARKETS, LLC | $33.0M | 11.24% |
| Jane Street Execution Services, LLC | $16.2M | 5.50% |
| GOLDMAN SACHS & CO. LLC | $10.3M | 3.52% |
| THE BANK OF NEW YORK MELLON | $3.1M | 1.07% |
| State Street Bank and Trust Company | $827K | 0.28% |
| SUSQUEHANNA FINANCIAL GROUP LLLP | $12K | 0.00% |
| PENSERRA SECURITIES, LLC | $7K | 0.00% |
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.