XSOE Fees and Costs — WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
Data updated: 2026-08-31
The net expense ratio is 0.32%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $607K in broker commissions, 0.0323% of average net assets, and portfolio turnover was 17%.
XSOE Fees and Expenses
Annual operating expenses and sales charges of XSOE. Prospectus, as of March 31, 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 | Yes |
| Waived fees subject to recoupment | No |
XSOE Costs Over Time
On $10,000 invested in XSOE, assuming 5% a year before costs, total costs come to $223 over 5 years, cutting the return by 0.37% 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) | $3 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $122 | $223 |
| Value after costs | $10,463 | $11,454 | $12,540 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
XSOE 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): 0.0323%
- Total broker commissions: $607K
- Bought from dealers (principal trades, not a cost): $92.2M
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $49.1M
- Net income from securities lending: $1.0M (0.056% of average net assets)
XSOE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $203K | 33.51% |
| UBS SECURITIES LLC | $152K | 24.99% |
| GOLDMAN SACHS & CO. LLC | $103K | 16.94% |
| MORGAN STANLEY & CO. LLC | $72K | 11.94% |
| J.P. Morgan Securities LLC | $43K | 7.10% |
| HSBC SECURITIES (USA) INC. | $21K | 3.48% |
| VIRTU AMERICAS LLC | $5K | 0.82% |
| CitiGroup Global Markets Inc. | $4K | 0.61% |
| SANFORD C. BERNSTEIN & CO., LLC | $3K | 0.43% |
| SANTANDER US CAPITAL MARKETS LLC | $1K | 0.18% |
XSOE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $52.4M | 56.89% |
| BOFA SECURITIES, INC. | $16.2M | 17.58% |
| GOLDMAN SACHS & CO. LLC | $12.3M | 13.33% |
| J.P. Morgan Securities LLC | $8.6M | 9.32% |
| CitiGroup Global Markets Inc. | $2.7M | 2.88% |
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.