WDRN Fees and Costs — WisdomTree Physical AI, Humanoids and Drones 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 $1K in broker commissions, 0.0158% of average net assets.
WDRN Fees and Expenses
Annual operating expenses and sales charges of WDRN. Prospectus, as of April 30, 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 |
WDRN Costs Over Time
On $10,000 invested in WDRN, assuming 5% a year before costs, total costs come to $294 over 5 years, cutting the return by 0.49% 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) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $49 | $161 | $294 |
| Value after costs | $10,451 | $11,415 | $12,468 |
| Impact on return, per year | 0.49% | 0.49% | 0.49% |
WDRN 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): 0.0158%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $16.7M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
WDRN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $727 | 54.70% |
| J.P. Morgan Securities LLC | $251 | 18.89% |
| HSBC SECURITIES (USA) INC. | $250 | 18.81% |
| MORGAN STANLEY & CO. LLC | $37 | 2.78% |
| GOLDMAN SACHS & CO. LLC | $31 | 2.33% |
| CitiGroup Global Markets Inc. | $16 | 1.20% |
| UBS SECURITIES LLC | $12 | 0.90% |
| SANFORD C. BERNSTEIN & CO., LLC | $4 | 0.30% |
| CLSA AMERICAS, LLC | $1 | 0.08% |
WDRN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JANE STREET EXECUTION SERVICES, LLC | $10.9M | 64.96% |
| J.P. Morgan Securities LLC | $3.1M | 18.33% |
| VIRTU AMERICAS LLC | $2.0M | 12.13% |
| GOLDMAN SACHS & CO. LLC | $766K | 4.58% |
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.