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WisdomTree Trust

Semi-Annual Report

September 30, 2021

 

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

WisdomTree Europe SmallCap Dividend Fund (DFE)

WisdomTree International Dividend ex-Financials Fund (DOO)

WisdomTree International Equity Fund (DWM)

WisdomTree International High Dividend Fund (DTH)

WisdomTree International LargeCap Dividend Fund (DOL)

WisdomTree International MidCap Dividend Fund (DIM)

WisdomTree International Multifactor Fund (DWMF)

WisdomTree International Quality Dividend Growth Fund (IQDG)

WisdomTree International SmallCap Dividend Fund (DLS)

WisdomTree Japan SmallCap Dividend Fund (DFJ)


Table of Contents

Table of Contents

 

Information about Performance and Shareholder Expense Examples (unaudited)

       1  

Performance Summary (unaudited)

       2  

Description of Terms and Indexes (unaudited)

       13  
Schedules of Investments (unaudited)     

WisdomTree Europe Quality Dividend Growth Fund

       16  

WisdomTree Europe SmallCap Dividend Fund

       19  

WisdomTree International Dividend ex-Financials Fund

       22  

WisdomTree International Equity Fund

       24  

WisdomTree International High Dividend Fund

       33  

WisdomTree International LargeCap Dividend Fund

       38  

WisdomTree International MidCap Dividend Fund

       42  

WisdomTree International Multifactor Fund

       48  

WisdomTree International Quality Dividend Growth Fund

       52  

WisdomTree International SmallCap Dividend Fund

       56  

WisdomTree Japan SmallCap Dividend Fund

       66  

Statements of Assets and Liabilities (unaudited)

       75  

Statements of Operations (unaudited)

       78  

Statements of Changes in Net Assets (unaudited)

       81  

Financial Highlights (unaudited)

       85  

Notes to Financial Statements (unaudited)

       91  

Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

       103  

General Information (unaudited)

       106  

“WisdomTree” is a registered mark of WisdomTree Investments, Inc. and is licensed for use by the WisdomTree Trust.


Table of Contents

Information about Performance and Shareholder Expense Examples (unaudited)

Performance

The performance tables on the following pages are provided for comparative purposes and represent the period noted. Each Fund’s per share net asset value (“NAV”) is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the midpoint of the bid and ask price for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other exchange traded funds (“ETFs”), NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of a Fund’s portfolio securities.

Fund shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Fund NAV returns are calculated using a Fund’s daily 4:00 p.m. eastern time NAV. Market price returns reflect the midpoint of the bid and ask price as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period of less than one year are cumulative.

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For the most recent month-end performance information visit www.wisdomtree.com.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and an index is not available for direct investment. In comparison, the Funds’ performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or taxes that a shareholder would pay on Fund distributions. Past performance is no guarantee of future results.

Shareholder Expense Examples

Each Fund’s performance table is accompanied by a shareholder expense example. As a shareholder of a WisdomTree Fund, you incur two types of cost: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The examples are intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.

The examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2021 to September 30, 2021. Except where noted, expenses are calculated using each Fund’s annualized expense ratio (after the effect of contractual or voluntary fee waivers, if any), multiplied by the average account value for the period, multiplied by 183/365 (to reflect the one-half year period). The annualized expense ratio does not include acquired fund fees and expenses (“AFFEs”), which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies.

Actual expenses

The first line in the shareholder expense example table shown on the following pages provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period” to estimate the expenses you paid on your account during the period.

Hypothetical example for comparison purposes

The second line in the shareholder expense example table shown on the following pages provides information about hypothetical account values and hypothetical expenses based on the Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

 

WisdomTree Trust      1  


Table of Contents

Performance Summary

as of September 30, 2021 (unaudited)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Health Care

    18.8%  

Industrials

    18.6%  

Consumer Staples

    17.9%  

Materials

    12.3%  

Consumer Discretionary

    6.8%  

Information Technology

    6.0%  

Financials

    5.7%  

Communication Services

    5.5%  

Utilities

    5.0%  

Energy

    1.9%  

Real Estate

    1.1%  

Other Assets less Liabilities‡

    0.4%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Roche Holding AG

    4.5%  

British American Tobacco PLC

    4.1%  

Nestle S.A., Registered Shares

    3.9%  

GlaxoSmithKline PLC

    3.8%  

Rio Tinto PLC

    3.8%  

Siemens AG, Registered Shares

    3.6%  

Sanofi

    3.0%  

Deutsche Telekom AG, Registered Shares

    2.9%  

LVMH Moet Hennessy Louis Vuitton SE

    2.9%  

Unilever PLC

    2.6%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Europe Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies with growth characteristics in the European equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2021)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,052.80        0.58   $ 2.98  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       5.28      20.75      10.67      10.34      5.83

Fund Market Price Returns

       5.14      20.34      10.67      10.27      5.76

WisdomTree Europe Quality Dividend Growth Index

       5.53      21.32      11.22      10.90      6.35

MSCI Europe Index

       5.75      27.25      7.81      8.85      3.93
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 7, 2014.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

2   WisdomTree Trust


Table of Contents

Performance Summary

as of September 30, 2021 (unaudited)

WisdomTree Europe SmallCap Dividend Fund (DFE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    21.0%  

Financials

    15.8%  

Consumer Discretionary

    11.1%  

Materials

    8.8%  

Information Technology

    8.6%  

Health Care

    8.1%  

Energy

    7.1%  

Consumer Staples

    5.4%  

Utilities

    5.3%  

Real Estate

    5.3%  

Communication Services

    2.9%  

Investment Company

    0.1%  

Other Assets less Liabilities‡

    0.5%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Chemometec A/S

    2.3%  

Kardex Holding AG, Registered Shares

    2.3%  

Ferrexpo PLC

    2.2%  

Jupiter Fund Management PLC

    2.0%  

Drax Group PLC

    1.9%  

Anima Holding SpA

    1.8%  

TGS ASA

    1.7%  

VERBIO Vereinigte BioEnergie AG

    1.7%  

Europris ASA

    1.7%  

Piaggio & C. SpA

    1.6%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Europe SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the European equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2021)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,057.90        0.59   $ 3.04  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.11        0.59   $ 2.99  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       5.79      39.11      7.85      9.06      11.85

Fund Market Price Returns

       5.33      38.96      7.80      8.99      11.88

WisdomTree Europe SmallCap Dividend Index

       5.96      40.24      8.34      9.53      12.58

MSCI Europe Small Cap Index

       6.44      36.43      10.68      11.68      12.62
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      3  


Table of Contents

Performance Summary

as of September 30, 2021 (unaudited)

WisdomTree International Dividend ex-Financials Fund (DOO)

 

Sector Breakdown

 

Sector   % of Net Assets  

Utilities

    14.2%  

Materials

    14.1%  

Communication Services

    12.7%  

Industrials

    10.2%  

Real Estate

    9.9%  

Consumer Staples

    9.5%  

Consumer Discretionary

    8.8%  

Health Care

    8.1%  

Energy

    6.1%  

Information Technology

    5.6%  

Investment Company

    0.3%  

Other Assets less Liabilities‡

    0.5%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Equinor ASA

    2.5%  

Naturgy Energy Group S.A.

    2.1%  

Fortum Oyj

    2.0%  

Fortescue Metals Group Ltd.

    2.0%  

Canon, Inc.

    1.9%  

Vodafone Group PLC

    1.8%  

BASF SE

    1.8%  

Woodside Petroleum Ltd.

    1.8%  

Telstra Corp., Ltd.

    1.7%  

SSE PLC

    1.7%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International Dividend ex-Financials Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Dividend ex-Financials Index (the “Index”). In seeking to track the Index, the Fund invests in high-dividend-yielding companies in the developed world excluding the U.S. and Canada and excluding the financial sector. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2021)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,003.00        0.58   $ 2.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       0.30      20.84      3.76      5.57      5.01

Fund Market Price Returns

       -0.31      19.82      3.70      5.39      5.07

WisdomTree International Dividend ex-Financials Index

       0.48      21.43      4.10      5.92      5.31

MSCI EAFE Value Index

       2.01      30.66      3.04      5.96      5.97
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

4   WisdomTree Trust


Table of Contents

Performance Summary

as of September 30, 2021 (unaudited)

WisdomTree International Equity Fund (DWM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    16.5%  

Health Care

    13.3%  

Industrials

    13.1%  

Consumer Staples

    11.2%  

Materials

    9.9%  

Consumer Discretionary

    8.2%  

Communication Services

    8.1%  

Utilities

    6.7%  

Information Technology

    5.4%  

Real Estate

    4.3%  

Energy

    2.5%  

Investment Company

    0.0%

Other Assets less Liabilities‡

    0.8%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Nestle S.A., Registered Shares

    2.2%  

Novartis AG, Registered Shares

    2.1%  

Roche Holding AG

    1.9%  

GlaxoSmithKline PLC

    1.5%  

British American Tobacco PLC

    1.2%  

Sanofi

    1.2%  

Unilever PLC

    1.1%  

SoftBank Corp.

    1.1%  

AstraZeneca PLC

    1.1%  

Commonwealth Bank of Australia

    1.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Equity Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2021)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,029.80        0.48   $ 2.44  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.66        0.48   $ 2.43  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

     2.98      20.85      3.26      5.97      6.53

Fund Market Price Returns

     2.94      20.52      3.33      5.87      6.64

WisdomTree International Equity Index

     3.16      21.38      3.57      6.28      6.75

MSCI EAFE Index

     4.70      25.73      7.62      8.81      8.10
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      5  


Table of Contents

Performance Summary

as of September 30, 2021 (unaudited)

WisdomTree International High Dividend Fund (DTH)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    25.6%  

Communication Services

    12.4%  

Materials

    11.0%  

Health Care

    10.9%  

Utilities

    10.6%  

Industrials

    8.8%  

Consumer Staples

    5.6%  

Real Estate

    5.2%  

Energy

    3.9%  

Consumer Discretionary

    3.6%  

Information Technology

    1.4%  

Investment Company

    0.2%  

Other Assets less Liabilities‡

    0.8%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Novartis AG, Registered Shares

    3.9%  

GlaxoSmithKline PLC

    2.8%  

British American Tobacco PLC

    2.2%  

Sanofi

    2.2%  

SoftBank Corp.

    2.0%  

Allianz SE, Registered Shares

    1.8%  

Commonwealth Bank of Australia

    1.8%  

Rio Tinto PLC

    1.8%  

Equinor ASA

    1.8%  

Fortescue Metals Group Ltd.

    1.6%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International High Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International High Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in high-dividend-yielding companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2021)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,000.90        0.58   $ 2.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

     0.09      21.34      1.28      4.40      5.19

Fund Market Price Returns

     -0.42      20.59      1.30      4.28      5.25

WisdomTree International High Dividend Index

     0.20      21.92      1.59      4.67      5.49

MSCI EAFE Value Index

     2.01      30.66      3.04      5.96      5.97
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

6   WisdomTree Trust


Table of Contents

Performance Summary

as of September 30, 2021 (unaudited)

WisdomTree International LargeCap Dividend Fund (DOL)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    16.9%  

Health Care

    16.8%  

Consumer Staples

    12.9%  

Industrials

    10.5%  

Materials

    9.8%  

Communication Services

    8.6%  

Consumer Discretionary

    8.3%  

Utilities

    6.0%  

Information Technology

    4.7%  

Real Estate

    2.7%  

Energy

    2.0%  

Other Assets less Liabilities‡

    0.8%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Nestle S.A., Registered Shares

    3.1%  

Novartis AG, Registered Shares

    2.8%  

Roche Holding AG

    2.6%  

GlaxoSmithKline PLC

    2.0%  

British American Tobacco PLC

    1.6%  

Sanofi

    1.6%  

Unilever PLC

    1.5%  

SoftBank Corp.

    1.5%  

AstraZeneca PLC

    1.4%  

Allianz SE, Registered Shares

    1.3%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International LargeCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International LargeCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying large-cap companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2021)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,030.60        0.48   $ 2.44  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.66        0.48   $ 2.43  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       3.06      19.84      3.01      5.62      5.92

Fund Market Price Returns

       2.71      19.39      3.07      5.53      6.04

WisdomTree International LargeCap Dividend Index

       3.18      20.33      3.28      5.88      6.18

MSCI EAFE Index

       4.70      25.73      7.62      8.81      8.10
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      7  


Table of Contents

Performance Summary

as of September 30, 2021 (unaudited)

WisdomTree International MidCap Dividend Fund (DIM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    17.1%  

Financials

    16.8%  

Utilities

    10.8%  

Real Estate

    10.1%  

Materials

    9.5%  

Communication Services

    7.7%  

Information Technology

    7.4%  

Consumer Staples

    6.4%  

Consumer Discretionary

    6.3%  

Energy

    4.4%  

Health Care

    2.9%  

Other Assets less Liabilities‡

    0.6%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

OMV AG

    1.7%  

Power Assets Holdings Ltd.

    1.3%  

Lenovo Group Ltd.

    1.1%  

UnipolSai Assicurazioni SpA

    0.9%  

Admiral Group PLC

    0.9%  

China Resources Power Holdings Co., Ltd.

    0.9%  

Mediobanca Banca di Credito Finanziario SpA

    0.8%  

ACS Actividades de Construccion y Servicios S.A.

    0.8%  

Tele2 AB, Class B

    0.8%  

Hapag-Lloyd AG

    0.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International MidCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International MidCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying mid-cap companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2021)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,029.40        0.58   $ 2.95  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       2.94      24.63      4.13      6.96      7.75

Fund Market Price Returns

       2.60      24.08      4.10      6.84      7.93

WisdomTree International MidCap Dividend Index

       3.13      25.18      4.67      7.48      8.17

MSCI EAFE Mid Cap Index

       3.72      24.29      7.45      9.03      9.23
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

8   WisdomTree Trust


Table of Contents

Performance Summary

as of September 30, 2021 (unaudited)

WisdomTree International Multifactor Fund (DWMF)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    14.8%  

Health Care

    14.3%  

Consumer Staples

    13.7%  

Industrials

    13.3%  

Consumer Discretionary

    8.7%  

Information Technology

    7.8%  

Materials

    7.7%  

Communication Services

    6.8%  

Utilities

    5.5%  

Real Estate

    4.7%  

Energy

    1.1%  

Other Assets less Liabilities‡

    1.6%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Sanofi

    1.3%  

Admiral Group PLC

    1.3%  

NN Group N.V.

    1.3%  

Givaudan S.A., Registered Shares

    1.2%  

Novo Nordisk A/S, Class B

    1.2%  

Kuehne + Nagel International AG, Registered Shares

    1.2%  

Ipsen S.A.

    1.1%  

Novozymes A/S, Class B

    1.1%  

Novartis AG, Registered Shares

    1.1%  

Roche Holding AG

    1.1%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International Multifactor Fund (the “Fund”) seeks capital appreciation by investing primarily in equity securities of developed countries, excluding the U.S. and Canada, with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation. The Fund seeks to manage its currency risk by dynamically hedging currency fluctuations in the relative value of the applicable international currencies against the U.S. dollar, ranging from a 0% to 100% hedge.

Shareholder Expense Example (for the six-month period ended September 30, 2021)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,047.60        0.38   $ 1.95  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.16        0.38   $ 1.93  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      Since Inception1  

Fund NAV Returns

       4.76      13.05      4.15      4.52

Fund Market Price Returns

       3.93      11.76      3.91      4.36

MSCI EAFE Local Currency Index

       6.17      27.20      7.16      7.22

MSCI EAFE Index

       4.70      25.73      7.62      7.81
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on August 10, 2018.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      9  


Table of Contents

Performance Summary

as of September 30, 2021 (unaudited)

WisdomTree International Quality Dividend Growth Fund (IQDG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Health Care

    19.4%  

Materials

    18.9%  

Industrials

    14.1%  

Information Technology

    13.9%  

Consumer Discretionary

    11.8%  

Consumer Staples

    7.8%  

Financials

    4.7%  

Communication Services

    4.6%  

Real Estate

    2.4%  

Energy

    1.2%  

Utilities

    0.8%  

Other Assets less Liabilities‡

    0.4%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Rio Tinto PLC

    5.4%  

Unilever PLC

    5.3%  

LVMH Moet Hennessy Louis Vuitton SE

    4.9%  

BHP Group Ltd.

    4.4%  

SoftBank Corp.

    4.2%  

Roche Holding AG

    3.8%  

GlaxoSmithKline PLC

    3.8%  

SAP SE

    3.2%  

Linde PLC

    3.2%  

Novo Nordisk A/S, Class B

    3.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies with growth characteristics in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2021)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,050.70        0.42   $ 2.16  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.96        0.42   $ 2.13  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       5.07      20.89      11.60      10.77      10.43

Fund Market Price Returns

       4.41      20.48      11.47      10.67      10.44

WisdomTree International Quality Dividend Growth Index

       5.56      21.50      12.03      11.13      10.83

MSCI EAFE Index

       4.70      25.73      7.62      8.81      9.46
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 7, 2016.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

10   WisdomTree Trust


Table of Contents

Performance Summary

as of September 30, 2021 (unaudited)

WisdomTree International SmallCap Dividend Fund (DLS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    23.1%  

Financials

    14.6%  

Consumer Discretionary

    10.5%  

Materials

    10.4%  

Real Estate

    10.3%  

Information Technology

    7.1%  

Consumer Staples

    6.7%  

Utilities

    4.9%  

Energy

    4.2%  

Health Care

    4.1%  

Communication Services

    3.0%  

Investment Company

    0.2%  

Other Assets less Liabilities‡

    0.9%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

China Power International Development Ltd.

    1.6%  

Ferrexpo PLC

    1.2%  

Euronav N.V.

    1.1%  

Neles Oyj

    1.0%  

Nexity S.A.

    0.9%  

Enav SpA

    0.7%  

Scandinavian Tobacco Group A/S, Class A

    0.7%  

Oesterreichische Post AG

    0.7%  

Hutchison Port Holdings Trust

    0.7%  

Societe BIC S.A.

    0.7%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the developed world excluding the U.S. and Canada. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2021)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,055.40        0.59   $ 3.04  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.11        0.59   $ 2.99  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       5.54      28.15      4.88      7.44      8.87

Fund Market Price Returns

       4.92      27.40      4.80      7.23      9.04

WisdomTree International SmallCap Dividend Index

       5.54      29.52      6.05      8.23      9.57

MSCI EAFE Small Cap Index

       5.28      29.02      9.05      10.38      10.73
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      11  


Table of Contents

Performance Summary

as of September 30, 2021 (unaudited)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    26.8%  

Consumer Discretionary

    15.6%  

Materials

    14.3%  

Information Technology

    11.0%  

Financials

    10.7%  

Consumer Staples

    6.6%  

Health Care

    4.7%  

Communication Services

    3.3%  

Real Estate

    2.6%  

Utilities

    2.0%  

Energy

    1.4%  

Investment Company

    0.1%  

Other Assets less Liabilities‡

    0.9%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Nippon Yusen K.K.

    1.4%  

Sojitz Corp.

    0.8%  

Seven Bank Ltd.

    0.8%  

JTEKT Corp.

    0.6%  

Mebuki Financial Group, Inc.

    0.6%  

Electric Power Development Co., Ltd.

    0.6%  

Yokohama Rubber Co., Ltd. (The)

    0.6%  

AEON Financial Service Co., Ltd.

    0.6%  

Tokyo Tatemono Co., Ltd.

    0.6%  

Mitsui OSK Lines Ltd.

    0.6%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Japan SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the Japanese equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended September 30, 2021)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,023.40        0.58   $ 2.94  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       2.34      13.54      2.20      6.93      7.76

Fund Market Price Returns

       1.64      12.29      2.13      6.76      7.91

WisdomTree Japan SmallCap Dividend Index

       2.41      13.69      2.54      7.63      8.37

MSCI Japan Small Cap Index

       2.47      14.46      4.62      7.85      8.65
*

Returns of less than one year are cumulative.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

12   WisdomTree Trust


Table of Contents

Description of Terms and Indexes (unaudited)

 

Below are descriptions of certain terms and of each Index referenced in this report:

Growth is generally characterized by higher price levels relative to fundamentals, such as dividends or earnings. Price levels are higher because investors are willing to pay more due to their expectations of future improvements in these fundamentals.

The MSCI EAFE Index is a market cap-weighted index composed of companies representative of the developed market structure of developed countries in Europe, Australasia and Japan.

The MSCI EAFE Local Currency Index is a free float-adjusted market capitalization weighted index that is designed to measure developed market equity performance, excluding the U.S. and Canada, calculated in local currency.

The MSCI EAFE Mid Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of mid-capitalization equities in the developed markets, excluding the U.S. and Canada.

The MSCI EAFE Small Cap Index is a free float-adjusted market capitalization equity index that is designed to measure the performance of small-cap stocks within the developed equity market, excluding the U.S. and Canada.

The MSCI EAFE Value Index is a free float-adjusted market capitalization index that is designed to measure the performance of the “value” stocks within the developed equity market, excluding the U.S. and Canada.

The MSCI Europe Index is a free float-adjusted market capitalization index that is designed to measure the performance of large- and mid-cap stocks within developed market European countries.

The MSCI Europe Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of “small” stocks within developed market European countries.

The MSCI Japan Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of small cap stocks within Japan.

Quality is generally characterized by higher efficiency and profitability. Typical measures include earnings, return-on-equity, return on assets, operating profitability as well as others. This term is also related to the quality factor, which associates these stock characteristics with excess returns vs. the market over time.

Quintiles refers to separating a universe of companies into five groups of equal size on the basis of dividend yield, price-to-earnings, or return-on-equity, as applicable.

Return-on-Equity (ROE) measures a corporation’s profitability by revealing how much profit a company generates with the money shareholders have invested.

The WisdomTree Europe Quality Dividend Growth Index is a fundamentally weighted index that measures the performance of dividend-paying common stocks with growth characteristics selected from the WisdomTree International Equity Index.

The WisdomTree Europe SmallCap Dividend Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the European dividend-paying market.

The WisdomTree International Dividend ex-Financials Index measures the performance of high dividend-yielding international stocks outside the financial sector.

The WisdomTree International Equity Index is a fundamentally weighted Index that measures the performance of dividend-paying companies in the industrialized world, excluding Canada and the United States.

The WisdomTree International High Dividend Index is comprised of companies with high dividend yields selected from the WisdomTree International Equity Index.

The WisdomTree International LargeCap Dividend Index is comprised of the large-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

 

WisdomTree Trust      13  


Table of Contents

Description of Terms and Indexes (unaudited) (continued)

 

 

The WisdomTree International MidCap Dividend Index is comprised of the mid-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree International Quality Dividend Growth Index is a fundamentally weighted index designed to provide exposure to dividend paying developed market companies.

The WisdomTree International SmallCap Dividend Index is comprised of the small-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree Japan SmallCap Dividend Index is comprised of dividend-paying small-capitalization companies in Japan.

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s (“S&P”), a division of The McGraw-Hill Companies, Inc. and is licensed for use by WisdomTree Investments, Inc. Neither MSCI, S&P nor any other party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.

WisdomTree Investments, Inc. and WisdomTree Asset Management, Inc. (together, “WisdomTree”) and the Funds make no representation or warranty, express or implied, to the owners of shares of the Funds or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly or the ability of the underlying Indexes to track the performance of their underlying securities. WisdomTree Investments is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree Investments has no obligation to take the needs of the Funds or the owners of shares of the Funds into consideration in determining, composing, or calculating the underlying WisdomTree Indexes of the applicable Funds. WisdomTree Investments is not responsible for, and has not participated in, the determination of the timing of, prices of, or quantities of shares of the Funds to be issued or in the determination or calculation of the equation by which the shares of the Funds are redeemable. WisdomTree and the Funds do not guarantee the accuracy, completeness, or performance of the underlying Indexes or the data included therein and shall have no liability in connection with the underlying Indexes or their calculation.

Index performance information assumes the reinvestment of dividends and excludes

management fees, transaction costs and expenses. You cannot directly invest in an index.

* * * * * *

 

14   WisdomTree Trust


Table of Contents

Description of Terms and Indexes (unaudited) (concluded)

 

Abbreviations used in the schedules of investments and related tables included in this report are as follows:

 

Currency abbreviations:          
AUD   Australian dollar   JPY   Japanese yen
CHF   Swiss franc   NOK   Norwegian krone
DKK   Danish krone   NZD   New Zealand dollar
EUR   Euro   SEK   Swedish krona
GBP   British pound   SGD   Singapore dollar
ILS   Israeli new shekel   USD   U.S. dollar

 

Other abbreviations:
CVA   Certificaten Van Aandelen (Certificate of Stock)
RSP   Risparmio Italian Savings Shares

 

WisdomTree Trust      15  


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%

 

Australia – 2.2%

 

BHP Group PLC

     51,021      $ 1,298,972  
Austria – 1.3%

 

OMV AG

     11,779        712,324  

Verbund AG

     410        41,672  
     

 

 

 
Total Austria

 

     753,996  
Belgium – 0.7%

 

Barco N.V.

     1,520        33,030  

Elia Group S.A./N.V.

     520        62,194  

Etablissements Franz Colruyt N.V.

     1,223        62,365  

UCB S.A.

     1,059        118,805  

Umicore S.A.

     665        39,491  

Warehouses De Pauw CVA

     2,629        106,641  
     

 

 

 
Total Belgium

 

     422,526  
Denmark – 4.6%

 

AP Moller – Maersk A/S, Class B

     58        157,156  

Carlsberg A/S, Class B

     1,069        174,859  

Coloplast A/S, Class B

     1,511        237,032  

DSV A/S

     290        69,629  

H. Lundbeck A/S

     1,935        52,611  

Novo Nordisk A/S, Class B

     14,014        1,357,257  

Novozymes A/S, Class B

     1,433        98,272  

Orsted A/S(a)

     2,056        271,993  

Scandinavian Tobacco Group A/S, Class A(a)

     3,131        61,926  

Topdanmark A/S

     1,121        58,006  

Tryg A/S

     2,985        67,878  

Vestas Wind Systems A/S

     3,858        154,835  
     

 

 

 
Total Denmark

 

     2,761,454  
Finland – 2.1%

 

Huhtamaki Oyj

     1,089        49,222  

Kesko Oyj, Class B

     4,608        159,359  

Kojamo Oyj

     1,273        26,423  

Kone Oyj, Class B

     4,333        305,221  

Neles Oyj

     7,489        102,851  

Neste Oyj

     5,635        319,807  

Orion Oyj, Class B

     1,622        64,384  

Stora Enso Oyj, Class R

     4,061        68,079  

Uponor Oyj

     1,352        33,657  

Valmet Oyj

     2,361        85,755  

YIT Oyj(b)

     8,417        44,580  
     

 

 

 
Total Finland

 

     1,259,338  
France – 15.9%

 

Air Liquide S.A.

     3,864        620,587  

Arkema S.A.

     789        104,700  

Capgemini SE

     954        199,181  

Danone S.A.

     10,672        730,349  

Dassault Systemes SE

     2,799        147,484  

Gaztransport Et Technigaz S.A.

     621        46,601  

Hermes International

     244        338,351  

Kering S.A.

     744        531,151  

L’Oreal S.A.

     2,672        1,105,063  

Legrand S.A.

     2,103      226,081  

LVMH Moet Hennessy Louis Vuitton SE

     2,380        1,710,422  

Orange S.A.

     57,177        619,713  

Sanofi

     18,576        1,788,601  

Schneider Electric SE

     5,566        928,258  

Teleperformance

     294        115,883  

Trigano S.A.

     216        40,704  

Verallia S.A.(a)

     1,953        67,450  

Vivendi SE(b)

     9,052        114,402  
     

 

 

 
Total France

 

     9,434,981  
Germany – 16.6%

 

Aurubis AG

     587        44,478  

Beiersdorf AG

     713        77,229  

Brenntag SE

     1,372        128,129  

Carl Zeiss Meditec AG, Bearer Shares

     325        62,544  

CropEnergies AG

     974        13,568  

Deutsche Boerse AG

     1,549        252,228  

Deutsche Post AG, Registered Shares

     14,351        906,116  

Deutsche Telekom AG, Registered Shares

     86,955        1,753,108  

E.ON SE

     53,025        649,439  

Fresenius Medical Care AG & Co. KGaA

     2,180        153,763  

Fresenius SE & Co. KGaA

     6,002        288,918  

GRENKE AG

     271        11,624  

Hapag-Lloyd AG(a)

     1,404        307,372  

Henkel AG & Co. KGaA

     2,377        205,372  

Infineon Technologies AG

     5,260        216,563  

Knorr-Bremse AG

     1,147        123,148  

LANXESS AG

     1,129        76,649  

LEG Immobilien SE

     949        134,401  

Merck KGaA

     479        104,171  

Rational AG

     39        36,819  

SAP SE

     7,974        1,080,143  

Scout24 AG(a)

     735        51,076  

Siemens AG, Registered Shares

     12,925        2,125,881  

Siemens Healthineers AG(a)

     8,141        530,059  

Siltronic AG

     444        70,085  

Softwareone Holding AG*

     694        15,288  

Symrise AG

     748        98,523  

TAG Immobilien AG

     1,927        56,547  

Talanx AG

     6,555        280,174  
     

 

 

 
Total Germany

 

     9,853,415  
Ireland – 0.2%

 

Glanbia PLC

     3,601        59,429  

Kerry Group PLC, Class A

     543        73,000  
     

 

 

 
Total Ireland

 

     132,429  
Italy – 2.8%

 

ACEA SpA

     4,109        87,814  

Anima Holding SpA(a)

     12,270        58,801  

DiaSorin SpA

     179        37,621  

Ferrari N.V.

     507        106,324  

Infrastrutture Wireless Italiane SpA(a)

     3,215        35,904  

Italgas SpA

     18,802        120,720  

Mediobanca Banca di Credito Finanziario SpA*

     27,423        331,803  

Recordati Industria Chimica e Farmaceutica SpA

     2,137        124,527  

Snam SpA

     76,026        422,577  

 

See Notes to Financial Statements.

 

16   WisdomTree Trust


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2021

 

 

 

Investments    Shares      Value  

Telecom Italia SpA

     210,205      $ 82,684  

Terna – Rete Elettrica Nazionale

     33,114        235,484  
     

 

 

 
Total Italy

 

     1,644,259  
Netherlands – 6.6%

 

Aalberts N.V.

     1,250        72,232  

Akzo Nobel N.V.

     1,722        188,355  

ASM International N.V.

     508        199,114  

ASML Holding N.V.

     1,298        971,638  

ASR Nederland N.V.

     4,257        194,978  

BE Semiconductor Industries N.V.

     1,219        97,000  

Euronext N.V.(a)

     554        62,729  

Koninklijke Ahold Delhaize N.V.

     14,730        490,545  

Koninklijke DSM N.V.

     1,475        295,308  

Koninklijke KPN N.V.(b)

     83,593        263,029  

Koninklijke Vopak N.V.

     1,318        51,935  

NN Group N.V.

     9,798        514,059  

TKH Group N.V., CVA

     951        53,300  

Universal Music Group N.V.*

     10,273        275,205  

Wolters Kluwer N.V.

     2,065        219,172  
     

 

 

 
Total Netherlands

 

     3,948,599  
Norway – 0.4%

 

Atea ASA*

     2,669        46,230  

Austevoll Seafood ASA

     2,787        33,108  

Elkem ASA*(a)

     7,545        32,776  

Kongsberg Gruppen ASA

     1,848        51,613  

Leroy Seafood Group ASA

     6,613        54,772  
     

 

 

 
Total Norway

 

     218,499  
Portugal – 0.1%

 

Jeronimo Martins, SGPS, S.A.

     3,545        70,707  
Spain – 4.7%

 

Acciona S.A.(b)

     490        81,321  

ACS Actividades de Construccion y Servicios S.A.

     12,981        352,790  

Almirall S.A.

     2,570        40,865  

Cie Automotive S.A.

     1,968        49,676  

Ebro Foods S.A.(b)

     2,577        49,160  

Fomento de Construcciones y Contratas S.A.

     8,100        98,381  

Grifols S.A.

     2,347        57,339  

Iberdrola S.A.

     97,235        978,604  

Industria de Diseno Textil S.A.

     23,844        879,314  

Inmobiliaria Colonial Socimi S.A.

     7,240        70,315  

Prosegur Cash S.A.(a)(b)

     57,428        46,323  

Prosegur Cia de Seguridad S.A.

     15,704        46,774  

Viscofan S.A.

     687        45,025  
     

 

 

 
Total Spain

 

     2,795,887  
Sweden – 2.9%

 

Assa Abloy AB, Class B

     4,514        131,934  

Atlas Copco AB, Class A

     5,536        336,771  

Atlas Copco AB, Class B

     3,252        166,716  

Avanza Bank Holding AB(b)

     683        24,170  

Axfood AB

     3,700        88,688  

Beijer Ref AB

     2,451        48,860  

Boliden AB

     3,768        121,587  

Bravida Holding AB(a)

     2,995        40,533  

Elekta AB, Class B

     3,201        35,981  

Epiroc AB, Class A

     8,242        171,462  

EQT AB

     2,273      95,092  

Essity AB, Class B

     5,729        178,120  

Evolution AB(a)

     731        111,515  

Platzer Fastigheter Holding AB, Class B

     2,730        41,191  

Skanska AB, Class B

     3,608        91,019  

SKF AB, Class B

     3,112        73,847  
     

 

 

 
Total Sweden

 

     1,757,486  
Switzerland – 14.3%

 

Coca-Cola HBC AG*

     4,498        145,497  

Credit Suisse Group AG, Registered Shares

     14,820        147,652  

DKSH Holding AG

     913        71,691  

Geberit AG, Registered Shares

     364        268,849  

Givaudan S.A., Registered Shares

     71        324,384  

Kuehne + Nagel International AG, Registered Shares

     1,110        380,055  

Logitech International S.A., Registered Shares

     1,161        103,623  

Lonza Group AG, Registered Shares

     215        161,702  

Nestle S.A., Registered Shares

     19,070        2,303,896  

Partners Group Holding AG

     344        540,790  

Roche Holding AG

     7,252        2,658,328  

Roche Holding AG, Bearer Shares

     1,906        785,406  

Schindler Holding AG, Participation Certificate

     219        58,973  

Schindler Holding AG, Registered Shares

     566        146,468  

Sika AG, Registered Shares(b)

     518        164,809  

STMicroelectronics N.V.

     3,423        149,817  

Temenos AG, Registered Shares

     195        26,569  

Vifor Pharma AG

     444        57,829  
     

 

 

 
Total Switzerland

 

     8,496,338  
United Kingdom – 24.2%

 

Admiral Group PLC

     6,035        252,907  

Ashmore Group PLC

     15,426        70,844  

Ashtead Group PLC

     3,144        239,346  

Avast PLC(a)

     10,367        79,369  

BAE Systems PLC

     73,409        559,441  

Berkeley Group Holdings PLC

     2,590        152,331  

Big Yellow Group PLC

     2,354        44,278  

Bodycote PLC

     4,063        48,073  

British American Tobacco PLC

     69,548        2,441,903  

Bunzl PLC

     2,687        88,945  

Close Brothers Group PLC

     3,120        65,080  

Coca-Cola Europacific Partners PLC

     3,268        180,131  

Cranswick PLC

     770        37,086  

Croda International PLC

     388        44,699  

Daily Mail & General Trust PLC, Class A Non-Voting Shares

     4,847        70,060  

DCC PLC

     1,100        91,928  

easyJet PLC*

     14,426        128,922  

FDM Group Holdings PLC

     1,623        27,661  

Ferrexpo PLC

     28,119        124,055  

Fevertree Drinks PLC

     412        12,938  

Fresnillo PLC

     2,896        30,512  

Games Workshop Group PLC

     329        45,558  

GlaxoSmithKline PLC

     120,070        2,272,378  

Hargreaves Lansdown PLC

     7,288        140,670  

Hikma Pharmaceuticals PLC

     1,186        39,179  

HomeServe PLC

     3,444        42,002  

IMI PLC

     4,445        99,491  

 

See Notes to Financial Statements.

 

WisdomTree Trust      17  


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2021

 

 

 

Investments    Shares      Value  

Intertek Group PLC

     1,183      $ 79,388  

Johnson Matthey PLC

     1,671        60,496  

Jupiter Fund Management PLC

     17,463        58,866  

Linde PLC

     3,677        1,091,360  

London Stock Exchange Group PLC

     1,096        110,095  

Moneysupermarket.com Group PLC

     8,832        25,365  

Persimmon PLC

     2,195        78,963  

Quilter PLC(a)

     33,981        65,291  

RELX PLC

     22,709        657,405  

Rio Tinto PLC

     34,075        2,257,509  

Sage Group PLC (The)

     13,786        131,903  

Segro PLC

     10,150        163,545  

Smith & Nephew PLC

     7,285        126,419  

Smiths Group PLC

     4,201        81,624  

Spirax-Sarco Engineering PLC

     474        95,676  

Tate & Lyle PLC

     10,464        97,607  

Ultra Electronics Holdings PLC

     1,069        46,643  

Unilever PLC

     29,014        1,566,798  

WM Morrison Supermarkets PLC

     38,119        151,366  
     

 

 

 
Total United Kingdom

 

     14,376,106  
TOTAL COMMON STOCKS
(Cost: $51,873,606)

 

     59,224,992  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.4%

 

United States – 0.4%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 0.03%(c)

(Cost: $232,363)

     232,363      232,363  
TOTAL INVESTMENTS IN SECURITIES – 100.0%
(Cost: $52,105,969)

 

     59,457,355  

Other Assets less Liabilities – 0.0%

 

     13,694  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 59,471,049  
* 

Non-income producing security.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

Security, or portion thereof, was on loan at September 30, 2021 (See Note 2). At September 30, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $389,274 and the total market value of the collateral held by the Fund was $407,669. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $175,306.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2021.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to be
Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America N.A.

    10/4/2021       11,678       USD       8,667       GBP     $     $ (8

Credit Suisse International

    10/1/2021       3,767       CHF       4,028       USD       10        

Credit Suisse International

    10/1/2021       2,375       GBP       3,188       USD       15        
                                            $ 25     $ (8

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  
Assets:

 

     
Investments in Securities   

Common Stocks

   $ 59,224,992      $      $      $ 59,224,992  

Investment of Cash Collateral for Securities Loaned

            232,363               232,363  

Total Investments in Securities

   $ 59,224,992      $ 232,363      $      $ 59,457,355  
Financial Derivative Instruments   

Foreign Currency Contracts1

   $      $ 25      $      $ 25  

Liabilities:

 

     

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (8    $      $ (8

Total – Net

   $ 59,224,992      $ 232,380      $      $ 59,457,372  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

18   WisdomTree Trust


Table of Contents

Schedule of Investments (unaudited)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.4%

 

Austria – 1.2%

 

AT&S Austria Technologie & Systemtechnik AG

     51,766      $ 1,976,809  

Schoeller-Bleckmann Oilfield Equipment AG*

     49,610        2,006,593  
     

 

 

 
Total Austria

 

     3,983,402  
Belgium – 2.0%

 

Bekaert S.A.

     49,430        2,061,182  

Fagron

     35,711        699,445  

Orange Belgium S.A.

     59,547        1,340,213  

Recticel S.A.

     78,636        1,308,701  

Xior Student Housing N.V.

     23,698        1,338,909  
     

 

 

 
Total Belgium

 

     6,748,450  
Denmark – 5.8%

 

Cementir Holding N.V.

     106,349        1,036,559  

Chemometec A/S

     50,559        7,730,300  

D/S Norden A/S

     143,027        3,646,953  

NNIT A/S(a)

     27,678        527,151  

Per Aarsleff Holding A/S

     52,149        2,133,557  

Scandinavian Tobacco Group A/S, Class A(a)

     208,348        4,120,784  
     

 

 

 
Total Denmark

 

     19,195,304  
Finland – 5.4%

 

Kamux Corp.

     64,242        953,746  

Oriola Oyj, Class B

     274,007        563,987  

Raisio Oyj, Class V(b)

     138,325        544,258  

Revenio Group Oyj

     27,848        1,770,253  

Rovio Entertainment Oyj(a)(b)

     166,492        1,114,320  

Talenom Oyj

     61,786        1,001,064  

Terveystalo Oyj(a)

     175,999        2,202,920  

Tokmanni Group Corp.

     120,311        2,936,489  

Uponor Oyj

     118,985        2,962,042  

Verkkokauppa.com Oyj(b)

     140,448        1,285,901  

YIT Oyj(b)

     470,131        2,490,003  
     

 

 

 
Total Finland

 

     17,824,983  
France – 4.2%

 

Albioma S.A.

     62,500        2,462,769  

Chargeurs S.A.

     58,294        1,761,960  

Derichebourg S.A.*

     199,503        2,309,828  

IPSOS

     71,186        3,246,415  

Kaufman & Broad S.A.

     49,529        2,069,329  

Quadient S.A.

     80,935        1,951,032  
     

 

 

 
Total France

 

     13,801,333  
Germany – 7.0%

 

Bilfinger SE

     26,421        924,130  

CropEnergies AG

     180,224        2,510,625  

DIC Asset AG

     174,231        3,081,376  

Eckert & Ziegler Strahlen- und Medizintechnik AG

     18,016        2,330,168  

Elmos Semiconductor SE

     30,302        1,541,702  

GFT Technologies SE

     71,346        2,360,698  

Hamburger Hafen und Logistik AG

     99,050        2,227,004  

Indus Holding AG

     25,186        969,085  

Jenoptik AG

     29,437        999,599  

VERBIO Vereinigte BioEnergie AG

     84,757        5,589,237  

Wuestenrot & Wuerttembergische AG

     28,478      603,984  
     

 

 

 
Total Germany

 

     23,137,608  
Ireland – 1.1%

 

Hibernia REIT PLC

     1,572,798        2,129,024  

Irish Continental Group PLC*

     214,305        1,071,711  

Kenmare Resources PLC

     102,287        593,050  
     

 

 

 
Total Ireland

 

     3,793,785  
Italy – 7.8%

 

Anima Holding SpA(a)

     1,264,817        6,061,330  

Ascopiave SpA

     210,203        846,561  

Danieli & C. Officine Meccaniche SpA(b)

     39,448        1,140,671  

Danieli & C. Officine Meccaniche SpA, RSP

     65,730        1,256,933  

Datalogic SpA

     146,355        2,966,621  

Falck Renewables SpA(b)

     341,850        2,664,358  

Fiera Milano SpA*(b)

     411,323        1,711,363  

Immobiliare Grande Distribuzione SIIQ SpA*

     236,489        1,074,389  

La Doria SpA

     29,489        574,845  

Piaggio & C. SpA

     1,571,092        5,436,960  

RAI Way SpA(a)

     279,739        1,692,342  

Zignago Vetro SpA

     30,976        613,166  
     

 

 

 
Total Italy

 

     26,039,539  
Netherlands – 1.8%

 

ForFarmers N.V.

     139,101        697,238  

TKH Group N.V., CVA

     96,710        5,420,288  
     

 

 

 
Total Netherlands

 

     6,117,526  
Norway – 12.0%

 

ABG Sundal Collier Holding ASA

     518,347        546,300  

American Shipping Co. ASA*

     83,818        304,382  

Atea ASA*

     99,280        1,719,636  

Austevoll Seafood ASA

     348,582        4,141,015  

Bonheur ASA(b)

     74,789        2,604,560  

Borregaard ASA

     197,421        4,805,907  

Elkem ASA*(a)

     952,491        4,137,636  

Europris ASA(a)

     830,068        5,515,244  

Fjordkraft Holding ASA(a)

     501,853        2,790,611  

Kid ASA(a)

     76,417        992,719  

Norway Royal Salmon ASA

     28,048        575,789  

Selvaag Bolig ASA

     104,803        654,325  

SpareBank 1 Nord Norge

     149,511        1,637,397  

SpareBank 1 SMN

     202,950        3,017,775  

Sparebanken Vest

     62,525        680,457  

TGS ASA

     533,993        5,676,839  
     

 

 

 
Total Norway

 

     39,800,592  
Portugal – 1.5%

 

Altri, SGPS, S.A.

     557,403        3,459,342  

Corticeira Amorim, SGPS, S.A.

     63,127        866,226  

Semapa-Sociedade de Investimento e Gestao(b)

     53,552        726,150  
     

 

 

 
Total Portugal

 

     5,051,718  
Spain – 1.8%

 

ContourGlobal PLC(a)

     320,820        816,707  

Ercros S.A.*

     155,955        638,930  

 

See Notes to Financial Statements.

 

WisdomTree Trust      19  


Table of Contents

Schedule of Investments (unaudited) (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2021

 

 

 

Investments    Shares      Value  

Faes Farma S.A.

     582,801      $ 2,282,978  

Global Dominion Access S.A.(a)

     245,360        1,239,809  

Miquel y Costas & Miquel S.A.

     56,068        1,099,462  
     

 

 

 
Total Spain

 

     6,077,886  
Sweden – 10.4%

 

AcadeMedia AB(a)

     175,135        1,201,125  

Akelius Residential Property AB, Class D(b)

     382,275        720,379  

Alimak Group AB(a)

     68,025        1,023,266  

Arjo AB, Class B

     328,081        4,057,628  

BioGaia AB, Class B

     16,781        846,862  

Catena AB

     80,349        4,353,341  

CTT Systems AB

     36,894        885,603  

Dustin Group AB(a)

     308,530        3,320,333  

Instalco AB

     70,892        3,257,521  

Lagercrantz Group AB, Class B(b)

     165,381        1,983,011  

LeoVegas AB(a)

     363,682        1,423,375  

Lindab International AB

     59,997        1,529,320  

Midsona AB, Class B(b)

     70,967        487,523  

MIPS AB

     22,511        2,265,625  

Platzer Fastigheter Holding AB, Class B

     121,106        1,827,273  

Ratos AB, Class B

     582,435        3,428,614  

Troax Group AB

     50,123        1,927,907  
     

 

 

 
Total Sweden

 

     34,538,706  
Switzerland – 9.3%

 

Bobst Group S.A., Registered Shares*

     29,568        2,564,240  

Comet Holding AG, Registered Shares

     7,329        2,545,528  

EFG International AG*(b)

     189,181        1,370,921  

Huber + Suhner AG, Registered Shares

     39,321        3,047,551  

Implenia AG, Registered Shares*(b)

     58,437        1,296,721  

Kardex Holding AG, Registered Shares

     26,938        7,637,992  

Kudelski S.A., Bearer Shares(b)

     124,332        522,465  

Mobilezone Holding AG, Registered Shares

     201,656        2,797,265  

Swissquote Group Holding S.A., Registered Shares

     26,098        4,839,957  

Valiant Holding AG, Registered Shares

     23,559        2,245,158  

Zehnder Group AG

     19,214        2,043,232  
     

 

 

 
Total Switzerland

 

     30,911,030  
United Kingdom – 28.1%

 

Anglo Asian Mining PLC

     396,516        689,689  

Avon Protection PLC

     14,860        389,109  

Bodycote PLC

     321,125        3,799,479  

Brewin Dolphin Holdings PLC

     922,901        4,766,029  

CareTech Holdings PLC

     87,369        755,124  

Chemring Group PLC

     347,753        1,495,768  

Chesnara PLC

     218,434        837,925  

Clinigen Group PLC

     86,849        743,603  

Clipper Logistics PLC

     201,652        1,984,852  

CLS Holdings PLC

     579,994        1,743,938  

CMC Markets PLC(a)

     804,794        3,081,810  

Craneware PLC

     25,773        840,975  

Daily Mail & General Trust PLC, Class A Non-Voting Shares

     110,683        1,599,847  

Devro PLC

     390,911        1,125,326  

Diversified Energy Co. PLC

     3,159,580      5,052,622  

Drax Group PLC

     966,732        6,280,231  

EMIS Group PLC

     90,111        1,703,447  

FDM Group Holdings PLC

     114,252        1,947,214  

Ferrexpo PLC

     1,654,159        7,297,823  

Helical PLC

     107,120        638,404  

Hilton Food Group PLC

     110,224        1,738,861  

IG Design Group PLC

     110,647        723,576  

Impax Asset Management Group PLC

     129,609        2,013,216  

iomart Group PLC(b)

     149,655        435,861  

James Fisher & Sons PLC

     38,578        446,823  

James Halstead PLC(b)

     52,341        371,219  

Jupiter Fund Management PLC

     1,966,983        6,630,456  

Learning Technologies Group PLC

     238,893        693,184  

Liontrust Asset Management PLC

     85,943        2,462,477  

Luceco PLC(a)

     184,581        812,593  

Moneysupermarket.com Group PLC

     1,473,587        4,232,122  

NCC Group PLC

     387,100        1,341,402  

Nichols PLC

     59,812        1,072,612  

Numis Corp. PLC

     95,944        464,424  

PayPoint PLC(b)

     441,657        4,228,109  

Polar Capital Holdings PLC

     183,577        2,004,962  

PZ Cussons PLC

     457,715        1,391,696  

Sabre Insurance Group PLC(a)

     287,134        847,874  

Serica Energy PLC

     262,471        819,285  

Smart Metering Systems PLC

     179,555        2,023,981  

Stock Spirits Group PLC

     280,130        1,414,537  

Telecom Plus PLC

     113,831        1,866,366  

TORM PLC, Class A*(b)

     273,657        2,104,430  

TP ICAP Group PLC

     1,883,119        4,053,934  

Volex PLC

     167,938        986,143  

XPS Pensions Group PLC

     469,482        905,228  

YouGov PLC

     37,677        640,103  
     

 

 

 
Total United Kingdom

 

     93,498,689  
United States – 0.0%
Dole PLC*
     1        17  

TOTAL COMMON STOCKS

(Cost: $267,489,575)

 

 

     330,520,568  
EXCHANGE-TRADED FUND – 0.1%

 

United States – 0.1%

 

WisdomTree International MidCap Dividend Fund(c)

 

  
(Cost: $195,069)      2,811        188,084  

 

See Notes to Financial Statements.

 

20   WisdomTree Trust


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2021

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.7%

 

United States – 1.7%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 0.03%(d)

     
(Cost: $5,703,323)      5,703,323      $ 5,703,323  

TOTAL INVESTMENTS IN SECURITIES – 101.2%

(Cost: $273,387,967)

 

 

     336,411,975  

Other Assets less Liabilities – (1.2)%

 

     (4,145,894
     

 

 

 
NET ASSETS – 100.0%

 

   $ 332,266,081  
*

Non-income producing security.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

Security, or portion thereof, was on loan at September 30, 2021 (See Note 2). At September 30, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $10,255,496 and the total market value of the collateral held by the Fund was $10,920,693. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $5,217,370.

 

(c) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2021.

 

INVESTMENT IN AFFILIATES

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2021 were as follows:

 

Affiliate   Value at
3/31/2021
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2021
    Dividend
Income
 

WisdomTree International MidCap Dividend Fund

  $ 629,963     $ 1,791,410     $ 2,199,833     $ 8,554     $ (42,010   $ 188,084     $ 26,803  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

     Quoted
Prices in
Active
Markets
(Level 1)
    Other
Significant
Observable
Inputs
(Level 2)
    Significant
Unobservable
Inputs
(Level 3)
    Total  

Assets:

 

   

Investments in Securities

 

Common Stocks

  $ 330,520,568     $     $     $ 330,520,568  

Exchange-Traded Fund

    188,084                   188,084  

Investment of Cash Collateral for Securities Loaned

          5,703,323             5,703,323  

Total Investments in Securities

  $ 330,708,652     $ 5,703,323     $     $ 336,411,975  

 

See Notes to Financial Statements.

 

WisdomTree Trust      21  


Table of Contents

Schedule of Investments (unaudited)

WisdomTree International Dividend ex-Financials Fund (DOO)

September 30, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.2%

 

Australia – 12.1%

 

BHP Group Ltd.(a)

     53,536      $ 1,454,444  

BHP Group PLC

     81,039        2,063,217  

Coles Group Ltd.

     74,704        916,822  

Fortescue Metals Group Ltd.

     259,738        2,806,822  

Rio Tinto Ltd.

     25,783        1,865,788  

Sonic Healthcare Ltd.

     27,314        802,233  

Telstra Corp., Ltd.

     842,544        2,391,845  

Transurban Group

     92,632        947,484  

Wesfarmers Ltd.

     29,092        1,171,565  

Woodside Petroleum Ltd.

     142,809        2,463,416  
     

 

 

 
Total Australia

 

     16,883,636  
China – 2.5%

 

China Overseas Land & Investment Ltd.

     604,000        1,376,422  

Guangdong Investment Ltd.

     910,000        1,187,671  

Wilmar International Ltd.

     282,400        875,739  
     

 

 

 
Total China

 

     3,439,832  
Finland – 3.7%

 

Fortum Oyj

     93,709        2,855,200  

Neste Oyj

     9,981        566,460  

UPM-Kymmene Oyj

     49,240        1,752,518  
     

 

 

 
Total Finland

 

     5,174,178  
France – 4.3%

 

Danone S.A.

     19,071        1,305,143  

Edenred

     10,838        585,706  

Gecina S.A.

     10,661        1,440,041  

Orange S.A.

     149,404        1,619,315  

Sanofi

     10,913        1,050,764  
     

 

 

 
Total France

 

     6,000,969  
Germany – 9.6%

 

BASF SE

     32,540        2,483,351  

Bayer AG, Registered Shares

     31,009        1,689,260  

Bayerische Motoren Werke AG

     16,318        1,565,136  

Continental AG*

     8,554        939,716  

E.ON SE

     129,290        1,583,516  

Evonik Industries AG

     59,255        1,872,729  

Siemens AG, Registered Shares

     8,491        1,396,584  

Vitesco Technologies Group AG, Class A*

     1,711        101,119  

Volkswagen AG

     5,714        1,774,760  
     

 

 

 
Total Germany

 

     13,406,171  
Hong Kong – 7.4%

 

Hang Lung Properties Ltd.

     457,000        1,042,606  

Henderson Land Development Co., Ltd.

     487,000        1,867,386  

Link REIT

     165,800        1,421,663  

New World Development Co., Ltd.

     319,000        1,305,152  

Power Assets Holdings Ltd.

     372,000        2,188,615  

Sun Hung Kai Properties Ltd.

     111,500        1,395,066  

Swire Properties Ltd.

     456,000        1,143,419  
     

 

 

 
Total Hong Kong

 

     10,363,907  
Italy – 1.3%

 

Snam SpA

     314,730        1,749,371  
Japan – 23.8%

 

Astellas Pharma, Inc.

     53,000      875,218  

Bridgestone Corp.

     34,700        1,650,174  

Canon, Inc.

     105,900        2,601,111  

Daiwa House Industry Co., Ltd.

     38,500        1,290,177  

Denso Corp.

     18,100        1,191,526  

ENEOS Holdings, Inc.

     473,500        1,934,740  

FUJIFILM Holdings Corp.

     10,100        872,542  

Fujitsu Ltd.

     3,100        564,293  

Hitachi Ltd.

     22,100        1,315,205  

Honda Motor Co., Ltd.

     37,000        1,145,732  

ITOCHU Corp.(a)

     36,800        1,080,830  

Japan Tobacco, Inc.

     118,900        2,333,776  

KDDI Corp.

     47,700        1,577,958  

Kirin Holdings Co., Ltd.

     48,900        909,411  

Mitsubishi Corp.

     67,700        2,145,527  

Murata Manufacturing Co., Ltd.

     6,000        535,604  

Panasonic Corp.

     90,900        1,132,431  

Sekisui House Ltd.

     76,800        1,618,599  

Seven & I Holdings Co., Ltd.

     27,200        1,239,633  

SoftBank Corp.

     174,100        2,363,204  

Sumitomo Corp.

     137,500        1,948,969  

Takeda Pharmaceutical Co., Ltd.

     40,200        1,332,734  

TDK Corp.

     10,800        391,539  

Tokyo Electron Ltd.(a)

     2,500        1,112,929  
     

 

 

 
Total Japan

 

     33,163,862  
Netherlands – 2.3%

 

Koninklijke Ahold Delhaize N.V.

     37,828        1,259,764  

Koninklijke KPN N.V.

     633,620        1,993,717  
     

 

 

 
Total Netherlands

 

     3,253,481  
Norway – 4.9%

 

Equinor ASA

     136,803        3,489,325  

Telenor ASA

     101,666        1,715,543  

Yara International ASA

     33,551        1,669,238  
     

 

 

 
Total Norway

 

     6,874,106  
Singapore – 2.5%

 

Capitaland Investment Ltd.*

     621,800        1,557,248  

Singapore Telecommunications Ltd.

     1,037,100        1,879,247  
     

 

 

 
Total Singapore

 

     3,436,495  
Spain – 5.4%

 

Endesa S.A.

     67,892        1,370,665  

Ferrovial S.A.

     43,005        1,257,479  

Naturgy Energy Group S.A.(a)

     114,459        2,885,187  

Red Electrica Corp. S.A.

     100,687        2,019,925  
     

 

 

 
Total Spain

 

     7,533,256  
Sweden – 1.5%

 

Telefonaktiebolaget LM Ericsson, Class B(a)

     36,237        410,478  

Telia Co. AB

     420,133        1,734,836  
     

 

 

 
Total Sweden

 

     2,145,314  
Switzerland – 5.0%

 

ABB Ltd., Registered Shares

     38,486        1,295,037  

Holcim Ltd., Registered Shares*

     31,436        1,521,168  

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Table of Contents

Schedule of Investments (unaudited) (concluded)

WisdomTree International Dividend ex-Financials Fund (DOO)

September 30, 2021

 

 

 

Investments    Shares      Value  

Novartis AG, Registered Shares

     13,784      $ 1,135,257  

Roche Holding AG

     2,487        911,647  

Roche Holding AG, Bearer Shares(a)

     2,426        999,683  

SGS S.A., Registered Shares

     355        1,037,391  
     

 

 

 
Total Switzerland

 

     6,900,183  
United Kingdom – 12.9%

 

AstraZeneca PLC

     7,046        851,053  

BAE Systems PLC

     244,566        1,863,807  

British American Tobacco PLC

     65,570        2,302,231  

GlaxoSmithKline PLC

     88,605        1,676,889  

National Grid PLC

     128,698        1,535,046  

Rio Tinto PLC

     32,000        2,120,038  

Sage Group PLC (The)

     79,705        762,609  

SSE PLC

     111,590        2,363,765  

Tesco PLC

     356,146        1,216,371  

Unilever PLC

     15,555        840,891  

Vodafone Group PLC

     1,637,350        2,501,349  
     

 

 

 
Total United Kingdom

 

     18,034,049  
TOTAL COMMON STOCKS
(Cost: $132,149,888)

 

     138,358,810  
RIGHTS – 0.0%

 

Australia – 0.0%

 

Transurban Group, expiring 10/8/21*
(Cost: $0)
     10,292        7,806  
EXCHANGE-TRADED FUND – 0.3%

 

United States – 0.3%

 

WisdomTree International LargeCap Dividend Fund(a)(b)

 

  
(Cost: $442,868)      10,018      476,233  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.9%

 

United States – 2.9%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 0.03%(c)

     
(Cost: $4,013,616)      4,013,616        4,013,616  

TOTAL INVESTMENTS IN SECURITIES – 102.4%

(Cost: $136,606,372)

 

 

     142,856,465  

Other Assets less Liabilities – (2.4)%

 

     (3,309,311
     

 

 

 
NET ASSETS – 100.0%

 

   $ 139,547,154  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2021 (See Note 2). At September 30, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $7,434,637 and the total market value of the collateral held by the Fund was $7,837,306. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $3,823,690.

 

(b) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2021.

 

INVESTMENT IN AFFILIATES

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Investments in affiliates during the six-month fiscal period ended September 30, 2021 were as follows:

Affiliate   Value at
3/31/2021
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2021
    Dividend
Income
 

WisdomTree International LargeCap Dividend Fund

  $ 249,429     $ 1,976,681     $ 1,726,581     $ (7,192   $ (16,104   $ 476,233     $ 22,256  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2021 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 138,358,810      $      $      $ 138,358,810  

Rights

     7,806                      7,806  

Exchange-Traded Fund

     476,233                      476,233  

Investment of Cash Collateral for Securities Loaned

            4,013,616               4,013,616  

Total Investments in Securities

   $ 138,842,849      $ 4,013,616      $      $ 142,856,465  

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Table of Contents

Schedule of Investments (unaudited)

WisdomTree International Equity Fund (DWM)

September 30, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.2%

 

Australia – 8.6%

 

AGL Energy Ltd.

     56,868      $ 237,434  

Alumina Ltd.

     246,871        374,487  

Ampol Ltd.

     11,004        222,167  

Ansell Ltd.

     8,727        215,595  

APA Group(a)

     56,487        355,806  

ASX Ltd.

     9,546        558,540  

Aurizon Holdings Ltd.

     159,454        436,538  

AusNet Services Ltd.

     326,939        595,135  

Australia & New Zealand Banking Group Ltd.

     160,589        3,265,442  

BHP Group Ltd.(a)

     140,271        3,810,825  

BHP Group PLC

     127,366        3,242,681  

Brambles Ltd.

     47,118        366,565  

Brickworks Ltd.

     14,183        255,410  

carsales.com Ltd.

     22,442        410,786  

Charter Hall Group

     26,109        323,446  

Coles Group Ltd.

     71,464        877,059  

Commonwealth Bank of Australia

     77,010        5,803,689  

CSL Ltd.

     4,707        997,590  

Dexus