USDU Fees and Costs — WisdomTree Bloomberg U.S. Dollar Bullish Fund
Data updated: 2026-07-30
The net expense ratio is 0.51%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0011% of average net assets, and portfolio turnover was 185%.
USDU Fees and Expenses
Annual operating expenses and sales charges of USDU. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.51% |
| Fee waiver | — |
| Net expense ratio | 0.51% |
| 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 |
USDU Costs Over Time
On $10,000 invested in USDU, assuming 5% a year before costs, total costs come to $323 over 5 years, cutting the return by 0.54% 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 0.51%) | $54 | $168 | $293 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $54 | $177 | $323 |
| Value after costs | $10,446 | $11,400 | $12,440 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
USDU 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): 0.0011%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $1.8B
- Portfolio turnover (prospectus): 185%
- Securities on loan, average value: $12.3M
- Net income from securities lending: $2K (0.001% of average net assets)
USDU Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES LLC | $765 | 34.21% |
| FLOW TRADERS U.S. INSTITUTIONAL TRADING LLC | $570 | 25.49% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $456 | 20.39% |
| J.P. Morgan Securities LLC | $325 | 14.53% |
| Guardian Capital LP | $120 | 5.37% |
USDU Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO HARRIS FINANCIAL ADVISORS, INC. | $731.8M | 41.25% |
| CitiGroup Global Markets Inc. | $379.0M | 21.36% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $192.1M | 10.83% |
| J.P. Morgan Securities LLC | $164.9M | 9.29% |
| DEUTSCHE BANK SECURITIES, INC. | $100.6M | 5.67% |
| MORGAN STANLEY & CO. LLC | $77.3M | 4.36% |
| WELLS FARGO SECURITIES, LLC | $40.8M | 2.30% |
| MUFG SECURITIES AMERICAS INC. | $40.6M | 2.29% |
| BNP PARIBAS SECURITIES CORP. | $37.7M | 2.13% |
| RBC CAPITAL MARKETS, LLC | $9.4M | 0.53% |
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.