WBAT Fees and Costs — WisdomTree Battery Value Chain and Innovation Fund
Data updated: 2025-05-30
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $2K in broker commissions, 0.0503% of average net assets, and portfolio turnover was 43%.
WBAT Fees and Expenses
Annual operating expenses and sales charges of WBAT. Prospectus, as of October 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
WBAT Costs Over Time
On $10,000 invested in WBAT, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.53% 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 0.45%) | $47 | $148 | $258 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $173 | $316 |
| Value after costs | $10,447 | $11,403 | $12,447 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
WBAT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0503%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $69K
- Portfolio turnover (prospectus): 43%
- Securities on loan, average value: $504K
- Net income from securities lending: $9K (0.197% of average net assets)
WBAT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $793 | 35.38% |
| Citigroup Global Markets Inc. | $580 | 25.88% |
| SG Americas Securities, LLC | $472 | 21.07% |
| J.P. Morgan Securities LLC | $335 | 14.95% |
| BofA Securities, Inc. | $25 | 1.10% |
| UBS Securities LLC | $15 | 0.65% |
| Morgan Stanley & Co. LLC | $8 | 0.34% |
| HSBC Securities (USA) Inc. | $5 | 0.22% |
| Nomura Securities International, Inc. | $5 | 0.22% |
| Piper Sandler & Co. | $4 | 0.19% |
WBAT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $57K | 100.00% |
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.