WDGF Fees and Costs — WisdomTree Global Defense Fund
Data updated: 2026-08-31
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0336% of average net assets, and portfolio turnover was 28%.
WDGF Fees and Expenses
Annual operating expenses and sales charges of WDGF. Prospectus, as of March 31, 2026.
| 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 | No |
| Waived fees subject to recoupment | No |
WDGF Costs Over Time
On $10,000 invested in WDGF, assuming 5% a year before costs, total costs come to $306 over 5 years, cutting the return by 0.51% 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) | $4 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $167 | $306 |
| Value after costs | $10,449 | $11,409 | $12,457 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
WDGF Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0336%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $9.7M
- Portfolio turnover (prospectus): 28%
- Securities on loan, average value: $144K
- Net income from securities lending: $135 (0.003% of average net assets)
WDGF Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $753 | 48.80% |
| J.P. Morgan Securities LLC | $419 | 27.15% |
| MIZUHO SECURITIES USA LLC | $139 | 9.01% |
| MORGAN STANLEY & CO. LLC | $117 | 7.58% |
| CitiGroup Global Markets Inc. | $58 | 3.76% |
| INSTINET LLC | $22 | 1.43% |
| MACQUARIE CAPITAL (USA), INC. | $21 | 1.36% |
| CLSA AMERICAS, LLC | $7 | 0.45% |
| UBS SECURITIES LLC | $5 | 0.32% |
| GOLDMAN SACHS & CO. LLC | $2 | 0.13% |
WDGF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $6.8M | 70.34% |
| BOFA SECURITIES, INC. | $1.5M | 15.69% |
| MIZUHO SECURITIES USA LLC | $1.4M | 13.97% |
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.