WAMA Fees and Costs — WisdomTree U.S. Adaptive Moving Average Fund
Data updated: 2026-09-14
The net expense ratio is 0.32%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $7K in broker commissions, 0.0054% of average net assets.
WAMA Fees and Expenses
Annual operating expenses and sales charges of WAMA. Prospectus, as of March 6, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.32% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.32% |
| Fee waiver | — |
| Net expense ratio | 0.32% |
| 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 |
WAMA Costs Over Time
On $10,000 invested in WAMA, assuming 5% a year before costs, total costs come to $206 over 5 years, cutting the return by 0.34% 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 0.32%) | $34 | $106 | $184 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $34 | $113 | $206 |
| Value after costs | $10,466 | $11,464 | $12,557 |
| Impact on return, per year | 0.34% | 0.34% | 0.34% |
WAMA 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): 0.0054%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $264.1M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
WAMA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $3K | 44.42% |
| FLOW TRADERS U.S. INSTITUTIONAL TRADING LLC | $2K | 25.12% |
| J.P. Morgan Securities LLC | $1K | 14.76% |
| CitiGroup Global Markets Inc. | $996 | 14.54% |
| INSTINET LLC | $60 | 0.88% |
| UBS SECURITIES LLC | $6 | 0.09% |
| BOFA SECURITIES, INC. | $5 | 0.07% |
| GOLDMAN SACHS & CO. LLC | $4 | 0.06% |
| MORGAN STANLEY & CO. LLC | $4 | 0.06% |
WAMA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO HARRIS FINANCIAL ADVISORS, INC. | $170.1M | 64.39% |
| JANE STREET EXECUTION SERVICES, LLC | $88.9M | 33.67% |
| CITADEL SECURITIES LLC | $3.0M | 1.15% |
| BOFA SECURITIES, INC. | $1.0M | 0.40% |
| GOLDMAN SACHS & CO. LLC | $1.0M | 0.39% |
| INSTINET, LLC | $26K | 0.01% |
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.