WCBR Fees and Costs — WisdomTree Cybersecurity Fund
Data updated: 2026-09-14
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $9K in broker commissions, 0.0086% of average net assets, and portfolio turnover was 35%.
WCBR Fees and Expenses
Annual operating expenses and sales charges of WCBR. Prospectus, as of June 30, 2025.
| 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) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
WCBR Costs Over Time
On $10,000 invested in WCBR, assuming 5% a year before costs, total costs come to $290 over 5 years, cutting the return by 0.48% 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 | $259 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $48 | $159 | $290 |
| Value after costs | $10,452 | $11,418 | $12,473 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
WCBR 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): 0.0086%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $100.0M
- Portfolio turnover (prospectus): 35%
- Securities on loan, average value: $7.0M
- Net income from securities lending: $621K (0.567% of average net assets)
WCBR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $6K | 59.60% |
| UBS SECURITIES LLC | $3K | 32.02% |
| BOFA SECURITIES, INC. | $418 | 4.45% |
| J.P. Morgan Securities LLC | $134 | 1.43% |
| HSBC SECURITIES (USA) INC. | $116 | 1.23% |
| CitiGroup Global Markets Inc. | $50 | 0.53% |
| GOLDMAN SACHS & CO. LLC | $47 | 0.50% |
| BARCLAYS CAPITAL, INC. | $23 | 0.24% |
WCBR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $43.8M | 43.83% |
| MORGAN STANLEY & CO. LLC | $36.1M | 36.09% |
| J.P. Morgan Securities LLC | $9.9M | 9.95% |
| BARCLAYS CAPITAL, INC. | $4.3M | 4.27% |
| JANE STREET EXECUTION SERVICES, LLC | $3.6M | 3.56% |
| VIRTU AMERICAS LLC | $1.4M | 1.35% |
| GOLDMAN SACHS & CO. LLC | $955K | 0.96% |
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.