WisdomTree Trust
Semi-Annual Report
December 31, 2022
International Equity ETFs:
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
WisdomTree Emerging Markets ESG Fund (RESE)
WisdomTree Emerging Markets ex-China Fund (XC)
WisdomTree International ESG Fund (RESD)
Fixed Income ETFs:
WisdomTree U.S. Corporate Bond Fund (WFIG)
WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)
WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)
Efficient Core ETFs:
WisdomTree Emerging Markets Efficient Core Fund (NTSE)
WisdomTree International Efficient Core Fund (NTSI)
WisdomTree U.S. Efficient Core Fund (NTSX)
Megatrends ETFs:
WisdomTree Artificial Intelligence and Innovation Fund (WTAI)
WisdomTree Battery Value Chain and Innovation Fund (WBAT)
WisdomTree BioRevolution Fund (WDNA)
WisdomTree Cloud Computing Fund (WCLD)
WisdomTree Cybersecurity Fund (WCBR)
Information about Performance and Shareholder Expense Examples (unaudited) |
1 | |||
2 | ||||
18 | ||||
Schedules of Investments (unaudited) |
| |||
WisdomTree Dynamic Currency Hedged International Equity Fund |
22 | |||
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund |
37 | |||
50 | ||||
54 | ||||
64 | ||||
68 | ||||
75 | ||||
83 | ||||
90 | ||||
96 | ||||
102 | ||||
109 | ||||
112 | ||||
115 | ||||
117 | ||||
119 | ||||
120 | ||||
124 | ||||
128 | ||||
134 | ||||
142 | ||||
Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) |
157 | |||
161 |
“WisdomTree” is a registered mark of WisdomTree, Inc. (formerly, WisdomTree Investments, Inc.) and is licensed for use by the WisdomTree Trust.
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/investments.
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 July 1, 2022 to December 31, 2022. 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 184/365 (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 |
as of December 31, 2022 (unaudited)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
22.4% | |||
Industrials |
12.4% | |||
Materials |
11.6% | |||
Consumer Discretionary |
9.5% | |||
Consumer Staples |
9.1% | |||
Health Care |
8.5% | |||
Energy |
7.2% | |||
Communication Services |
6.9% | |||
Utilities |
5.3% | |||
Real Estate |
4.7% | |||
Information Technology |
3.1% | |||
Other Assets less Liabilities‡ |
-0.7% | |||
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 | |||
BHP Group Ltd. |
3.9% | |||
Novartis AG, Registered Shares |
1.8% | |||
Nestle SA, Registered Shares |
1.7% | |||
TotalEnergies SE |
1.7% | |||
Shell PLC |
1.6% | |||
LVMH Moet Hennessy Louis Vuitton SE |
1.4% | |||
HSBC Holdings PLC |
1.4% | |||
Rio Tinto Ltd. |
1.3% | |||
Roche Holding AG |
1.3% | |||
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 Dynamic Currency Hedged International Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dynamic Currency Hedged International Equity Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies in the industrialized world outside the U.S. and Canada while at the same time dynamically hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the U.S. dollar. 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 December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,067.80 | 0.41 | % | $ | 2.14 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.14 | 0.41 | % | $ | 2.09 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | Since Inception1 | ||||||||||||||||
Fund NAV Returns |
6.78 | % | -1.23 | % | 2.65 | % | 3.09 | % | 6.73 | % | ||||||||||
Fund Market Price Returns |
6.20 | % | -0.97 | % | 2.84 | % | 3.09 | % | 6.77 | % | ||||||||||
WisdomTree Dynamic Currency Hedged International Equity Index |
7.14 | % | -1.07 | % | 2.94 | % | 3.40 | % | 6.95 | % | ||||||||||
MSCI EAFE Local Currency Index |
4.82 | % | -7.00 | % | 3.64 | % | 3.81 | % | 6.42 | % | ||||||||||
MSCI EAFE Index |
6.36 | % | -14.45 | % | 0.87 | % | 1.54 | % | 5.38 | % | ||||||||||
MSCI EAFE Value Index |
7.43 | % | -5.58 | % | 0.65 | % | 0.17 | % | 4.55 | % |
* |
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 January 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.
2 | WisdomTree Trust |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
Sector Breakdown†
Sector | % of Net Assets | |||
Industrials |
23.7% | |||
Financials |
13.9% | |||
Consumer Discretionary |
13.0% | |||
Materials |
12.6% | |||
Real Estate |
11.9% | |||
Information Technology |
7.7% | |||
Consumer Staples |
6.0% | |||
Health Care |
4.0% | |||
Communication Services |
3.6% | |||
Energy |
2.3% | |||
Utilities |
2.1% | |||
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 | |||
D/S Norden A/S |
0.9% | |||
Azimut Holding SpA |
0.7% | |||
Charter Hall Long Wale REIT |
0.7% | |||
SSAB AB, Class A |
0.6% | |||
Coface SA |
0.6% | |||
NOS SGPS SA |
0.6% | |||
Sims Ltd. |
0.5% | |||
Deterra Royalties Ltd. |
0.5% | |||
Sydbank A/S |
0.5% | |||
Region RE Ltd. |
0.5% |
* |
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 Dynamic Currency Hedged International SmallCap Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dynamic Currency Hedged International SmallCap Equity Index (the “Index”). In seeking to track the Index, the Fund invests in the small-capitalization segment of dividend-paying companies in the industrialized world outside the U.S. and Canada while at the same time dynamically hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the U.S. dollar. 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 December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,033.20 | 0.49 | % | $ | 2.51 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.74 | 0.49 | % | $ | 2.50 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | Since Inception1 | ||||||||||||||||
Fund NAV Returns |
3.32 | % | -9.79 | % | 0.95 | % | 1.37 | % | 6.48 | % | ||||||||||
Fund Market Price Returns |
2.31 | % | -10.20 | % | 0.86 | % | 1.30 | % | 6.58 | % | ||||||||||
WisdomTree Dynamic Currency Hedged International SmallCap Equity Index |
3.70 | % | -9.59 | % | 1.28 | % | 1.80 | % | 6.92 | % | ||||||||||
MSCI EAFE Small Cap Local Currency Index |
3.17 | % | -13.60 | % | 2.13 | % | 2.31 | % | 6.29 | % | ||||||||||
MSCI EAFE Small Cap Index |
4.41 | % | -21.39 | % | -0.93 | % | -0.05 | % | 5.19 | % | ||||||||||
MSCI EAFE Small Cap Value Index |
5.23 | % | -14.99 | % | -1.05 | % | -0.61 | % | 4.98 | % |
* |
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 January 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.
WisdomTree Trust | 3 |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree Emerging Markets ESG Fund (RESE)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
21.5% | |||
Financials |
20.7% | |||
Consumer Discretionary |
17.1% | |||
Materials |
10.0% | |||
Consumer Staples |
9.6% | |||
Communication Services |
7.4% | |||
Health Care |
5.5% | |||
Industrials |
5.4% | |||
Utilities |
2.9% | |||
Other Assets less Liabilities‡ |
-0.1% | |||
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 | |||
Taiwan Semiconductor Manufacturing Co. Ltd. |
6.1% | |||
Samsung Electronics Co. Ltd. |
3.8% | |||
Alibaba Group Holding Ltd. |
2.6% | |||
Infosys Ltd. |
1.3% | |||
Turkcell Iletisim Hizmetleri AS |
1.1% | |||
Ping An Insurance Group Co. of China Ltd., Class H |
1.1% | |||
America Movil SAB de CV, Series L |
1.1% | |||
ICICI Bank Ltd. |
1.1% | |||
Bank Central Asia Tbk PT |
0.8% | |||
Orange Polska SA |
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 Emerging Markets ESG Fund (the “Fund”) is actively managed using a model-based approach seeking capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in equity securities of issuers in emerging markets that exhibit certain characteristics believed to be indicative of positive future returns as well as incorporating favorable environmental, social, and governance (“ESG”) characteristics.
Shareholder Expense Example (for the six-month period ended December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 987.00 | 0.32 | % | $ | 1.60 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.59 | 0.32 | % | $ | 1.63 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | Since Inception1 | ||||||||||||||||
Fund NAV Returns2 |
-1.30 | % | -20.27 | % | -3.42 | % | -0.87 | % | 4.71 | % | ||||||||||
Fund Market Price Returns2 |
-2.03 | % | -19.74 | % | -3.45 | % | -0.93 | % | 4.75 | % | ||||||||||
MSCI Emerging Markets Extended ESG Focus Index3 |
-4.20 | % | -22.15 | % | -3.01 | % | N/A | N/A | ||||||||||||
MSCI Emerging Markets Index |
-2.99 | % | -20.09 | % | -2.69 | % | -1.40 | % | 5.02 | % |
* |
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. |
2 |
The Fund’s objectives and strategies changed effective March 16, 2020. Prior to March 16, 2020, Fund performance reflects the investment objective of the Fund when it was the WisdomTree Emerging Markets Dividend Fund (DVEM) and tracked the performance, before fees and expenses, of the WisdomTree Emerging Markets Dividend Index. |
3 |
The MSCI Emerging Markets Extended ESG Focus Index began on March 27, 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.
4 | WisdomTree Trust |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree Emerging Markets ex-China Fund (XC)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
27.4% | |||
Financials |
19.3% | |||
Materials |
10.2% | |||
Consumer Staples |
9.5% | |||
Consumer Discretionary |
9.4% | |||
Industrials |
6.4% | |||
Communication Services |
5.1% | |||
Energy |
4.7% | |||
Health Care |
4.4% | |||
Utilities |
2.2% | |||
Real Estate |
1.3% | |||
Other Assets less Liabilities‡ |
0.1% | |||
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 | |||
Taiwan Semiconductor Manufacturing Co. Ltd. |
8.7% | |||
Samsung Electronics Co. Ltd. |
5.8% | |||
Reliance Industries Ltd. |
3.5% | |||
Infosys Ltd. |
2.2% | |||
ICICI Bank Ltd. |
1.8% | |||
Al Rajhi Bank |
1.5% | |||
Bank Central Asia Tbk PT |
1.4% | |||
Naspers Ltd., Class N |
1.1% | |||
Hon Hai Precision Industry Co. Ltd. |
1.1% | |||
Hindustan Unilever Ltd. |
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 Emerging Markets ex-China Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets ex-China Index (the “Index”). 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.
The Fund had less than six months of operating history at the end of the reporting period and therefore no comparative performance information is shown in this shareholder report. Comparative performance information for the most recent month-end is available at www.wisdomtree.com/investments.
Shareholder Expense Example (for the six-month period1 ended December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual1 |
$ | 1,000.00 | $ | 1,002.50 | 0.32 | % | $ | 0.89 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.59 | 0.32 | % | $ | 1.63 |
1 |
Fund commenced operations on September 22, 2022. Actual expenses are calculated using the Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 101/365 (to reflect the period since commencement of operations). |
WisdomTree Trust | 5 |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree International ESG Fund (RESD)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
20.9% | |||
Industrials |
14.4% | |||
Health Care |
14.4% | |||
Consumer Staples |
12.6% | |||
Consumer Discretionary |
10.7% | |||
Information Technology |
9.9% | |||
Materials |
6.6% | |||
Communication Services |
5.2% | |||
Utilities |
3.6% | |||
Real Estate |
1.2% | |||
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 | |||
Nestle SA, Registered Shares |
2.9% | |||
Novo Nordisk A/S, Class B |
2.4% | |||
Roche Holding AG |
1.8% | |||
Novartis AG, Registered Shares |
1.7% | |||
ASML Holding NV |
1.5% | |||
Unilever PLC |
1.4% | |||
AstraZeneca PLC |
1.4% | |||
Commonwealth Bank of Australia |
1.3% | |||
Diageo PLC |
1.2% | |||
Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares |
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 ESG Fund (the “Fund”) is actively managed using a model-based approach seeking capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in equity securities of issuers in developed markets excluding the U.S. and Canada that exhibit certain characteristics believed to be indicative of positive future returns as well as incorporating favorable environmental, social, and governance (“ESG”) characteristics.
Shareholder Expense Example (for the six-month period ended December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,030.70 | 0.30 | % | $ | 1.54 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.69 | 0.30 | % | $ | 1.53 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | Since Inception1 | ||||||||||||||||
Fund NAV Returns2 |
3.07 | % | -16.41 | % | 1.32 | % | 3.38 | % | 7.12 | % | ||||||||||
Fund Market Price Returns2 |
2.70 | % | -16.72 | % | 1.23 | % | 3.34 | % | 7.09 | % | ||||||||||
MSCI EAFE Extended ESG Focus Index3 |
6.17 | % | -15.08 | % | 1.00 | % | N/A | N/A | ||||||||||||
MSCI EAFE Index |
6.36 | % | -14.45 | % | 0.87 | % | 1.54 | % | 5.35 | % |
* |
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 November 3, 2016. |
2 |
The Fund’s objective and strategy changed effective March 16, 2020. Prior to March 16, 2020, Fund performance reflects the investment objective of the Fund when it was the WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Fund (DHDG) and tracked the performance, before fees and expenses, of the WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Index. |
3 |
The MSCI EAFE Extended ESG Focus Index began on March 27, 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.
6 | WisdomTree Trust |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree U.S. Corporate Bond Fund (WFIG)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
31.7% | |||
Information Technology |
11.9% | |||
Health Care |
10.8% | |||
Utilities |
8.1% | |||
Industrials |
7.5% | |||
Communication Services |
6.2% | |||
Consumer Staples |
6.0% | |||
Energy |
5.8% | |||
Consumer Discretionary |
4.7% | |||
Materials |
3.3% | |||
Real Estate |
1.8% | |||
U.S. Government Obligations |
1.0% | |||
Other Assets less Liabilities‡ |
1.2% | |||
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 | |||
International
Business Machines Corp., |
1.1% | |||
Wells
Fargo & Co., |
1.0% | |||
JPMorgan
Chase & Co., |
1.0% | |||
Comcast
Corp., |
0.9% | |||
Capital
One Financial Corp., |
0.9% | |||
Continental
Resources, Inc., |
0.8% | |||
Diamondback
Energy, Inc., |
0.8% | |||
BAT
Capital Corp., |
0.8% | |||
Oracle
Corp., |
0.8% | |||
Bank
of America Corp., |
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 U.S. Corporate Bond Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Corporate Bond Index (the “Index”). In seeking to track the Index, the Fund primarily invests in issuers in the U.S. investment grade corporate bond market that are deemed to exhibit favorable fundamentals and opportunities for income. 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 December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 984.30 | 0.18 | % | $ | 0.90 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,024.30 | 0.18 | % | $ | 0.92 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | Since Inception1 | ||||||||||||||||
Fund NAV Returns |
-1.57 | % | -16.33 | % | -3.19 | % | 0.08 | % | 0.96 | % | ||||||||||
Fund Market Price Returns |
-1.61 | % | -16.23 | % | -3.27 | % | 0.24 | % | 0.93 | % | ||||||||||
WisdomTree U.S. Corporate Bond Index |
-1.23 | % | -16.17 | % | -2.95 | % | 0.37 | % | 1.30 | % | ||||||||||
ICE BofA Merrill Lynch U.S. Corporate Index |
-1.77 | % | -15.45 | % | -2.75 | % | 0.53 | % | 1.49 | % |
* |
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 27, 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.
WisdomTree Trust | 7 |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)
Sector Breakdown†
Sector | % of Net Assets | |||
Consumer Discretionary |
16.5% | |||
Communication Services |
15.3% | |||
Energy |
12.7% | |||
Health Care |
9.9% | |||
Financials |
9.5% | |||
Industrials |
8.5% | |||
Information Technology |
7.0% | |||
Consumer Staples |
5.6% | |||
Real Estate |
5.1% | |||
Materials |
4.7% | |||
Utilities |
2.9% | |||
Other Assets less Liabilities‡ |
2.3% | |||
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 | |||
DISH
DBS Corp., |
0.9% | |||
Frontier
Communications Holdings LLC, |
0.8% | |||
Nationstar
Mortgage Holdings, Inc., |
0.8% | |||
Frontier
Communications Holdings LLC, |
0.7% | |||
DISH
DBS Corp., |
0.7% | |||
Genesis
Energy LP / Genesis Energy Finance Corp., |
0.7% | |||
CSC
Holdings LLC, |
0.7% | |||
Charter
Communications Operating LLC / Charter Communications Operating
Capital, |
0.7% | |||
Lumen
Technologies, Inc., |
0.7% | |||
Transocean,
Inc., |
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 U.S. High Yield Corporate Bond Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. High Yield Corporate Bond Index (the “Index”). In seeking to track the Index, the Fund primarily invests in issuers in the U.S. non-investment grade corporate bond (“junk bond” or “high yield”) market that are deemed to exhibit favorable fundamentals and opportunities for income. 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 December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,028.60 | 0.38 | % | $ | 1.94 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.29 | 0.38 | % | $ | 1.94 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | Since Inception1 | ||||||||||||||||
Fund NAV Returns |
2.86 | % | -11.99 | % | -0.88 | % | 2.01 | % | 3.43 | % | ||||||||||
Fund Market Price Returns |
2.86 | % | -11.76 | % | -0.90 | % | 2.45 | % | 3.49 | % | ||||||||||
WisdomTree U.S. High Yield Corporate Bond Index |
3.11 | % | -12.09 | % | -0.79 | % | 2.24 | % | 4.03 | % | ||||||||||
ICE BofA Merrill Lynch U.S. High Yield Index |
3.27 | % | -11.22 | % | -0.23 | % | 2.12 | % | 4.14 | % |
* |
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 27, 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.
8 | WisdomTree Trust |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
41.5% | |||
Information Technology |
11.3% | |||
Health Care |
10.7% | |||
Consumer Discretionary |
6.7% | |||
Consumer Staples |
6.7% | |||
Industrials |
5.7% | |||
Utilities |
5.7% | |||
Energy |
3.4% | |||
Communication Services |
3.4% | |||
Materials |
2.3% | |||
Real Estate |
1.7% | |||
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 | |||
Goldman
Sachs Group, Inc., |
1.3% | |||
Oracle
Corp., |
1.0% | |||
Citigroup,
Inc., |
1.0% | |||
JPMorgan
Chase & Co., |
1.0% | |||
Wells
Fargo & Co., |
1.0% | |||
Dell
International LLC / EMC Corp., |
1.0% | |||
JPMorgan
Chase & Co., |
0.9% | |||
JPMorgan
Chase & Co., |
0.8% | |||
Morgan
Stanley, |
0.8% | |||
Goldman
Sachs Group, Inc., |
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 U.S. Short-Term Corporate Bond Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Short-Term Corporate Bond Index (the “Index”). In seeking to track the Index, the Fund primarily invests in issuers in the short-term U.S. investment grade corporate bond market that are deemed to exhibit favorable fundamentals and opportunities for income. 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 December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 998.40 | 0.18 | % | $ | 0.91 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,024.30 | 0.18 | % | $ | 0.92 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | Since Inception1 | ||||||||||||||||
Fund NAV Returns |
-0.16 | % | -5.67 | % | -0.73 | % | 0.93 | % | 1.03 | % | ||||||||||
Fund Market Price Returns |
-0.12 | % | -5.65 | % | -0.76 | % | 1.07 | % | 0.98 | % | ||||||||||
WisdomTree U.S. Short-Term Corporate Bond Index |
0.12 | % | -5.33 | % | -0.38 | % | 1.29 | % | 1.44 | % | ||||||||||
ICE BofA Merrill Lynch 1-5 year U.S. Corporate Index |
-0.13 | % | -6.11 | % | -0.36 | % | 1.37 | % | 1.54 | % |
* |
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 27, 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.
WisdomTree Trust | 9 |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree Emerging Markets Efficient Core Fund (NTSE)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
19.3% | |||
Information Technology |
19.3% | |||
Consumer Discretionary |
14.2% | |||
Communication Services |
9.5% | |||
Materials |
8.0% | |||
Consumer Staples |
5.9% | |||
Energy |
4.5% | |||
Health Care |
3.3% | |||
Industrials |
3.3% | |||
Utilities |
2.0% | |||
Real Estate |
1.5% | |||
Other Assets less Liabilities‡ |
9.2% | |||
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 | |||
Taiwan Semiconductor Manufacturing Co. Ltd. |
6.3% | |||
Tencent Holdings Ltd. |
4.6% | |||
Samsung Electronics Co. Ltd. |
4.4% | |||
Alibaba Group Holding Ltd. |
3.2% | |||
Reliance Industries Ltd. |
1.7% | |||
Naspers Ltd., Class N |
1.6% | |||
Meituan, Class B |
1.5% | |||
Vale SA |
1.4% | |||
Infosys Ltd. |
1.2% | |||
China Construction Bank Corp., Class H |
1.2% |
* |
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 Emerging Markets Efficient Core Fund (the “Fund”) is actively managed using a model-based approach seeking total return. The Fund seeks to achieve its investment objective by primarily investing in emerging markets equity securities and U.S. Treasury futures contracts. Under normal circumstances, the Fund will invest approximately 90% of its net assets in emerging market equity securities and the notional exposure to the U.S. Treasury futures contracts’ positions will represent approximately 60% of the Fund’s net assets.
Shareholder Expense Example (for the six-month period ended December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 944.90 | 0.32 | % | $ | 1.57 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.59 | 0.32 | % | $ | 1.63 |
Performance
Average Annual Total Return | ||||||||||||
6-Month* | 1 Year | Since Inception1 | ||||||||||
Fund NAV Returns |
-5.51 | % | -26.50 | % | -19.70 | % | ||||||
Fund Market Price Returns |
-5.00 | % | -26.22 | % | -19.49 | % | ||||||
MSCI Emerging Markets Index |
-4.43 | % | -22.37 | % | -18.33 | % |
* |
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 20, 2021. |
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 |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree International Efficient Core Fund (NTSI)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
17.2% | |||
Industrials |
13.2% | |||
Health Care |
13.1% | |||
Consumer Discretionary |
10.6% | |||
Consumer Staples |
10.2% | |||
Materials |
7.1% | |||
Information Technology |
6.8% | |||
Energy |
4.6% | |||
Communication Services |
3.9% | |||
Utilities |
2.6% | |||
Real Estate |
1.4% | |||
Other Assets less Liabilities‡ |
9.3% | |||
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 SA, Registered Shares |
2.3% | |||
ASML Holding NV |
1.7% | |||
Novo Nordisk A/S, Class B |
1.6% | |||
Roche Holding AG |
1.6% | |||
Shell PLC |
1.5% | |||
LVMH Moet Hennessy Louis Vuitton SE |
1.5% | |||
Novartis AG, Registered Shares |
1.4% | |||
AstraZeneca PLC |
1.2% | |||
Toyota Motor Corp. |
1.2% | |||
TotalEnergies SE |
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 Efficient Core Fund (the “Fund”) is actively managed using a model-based approach seeking total return. The Fund seeks to achieve its investment objective by primarily investing in international equity securities and U.S. Treasury futures contracts. Under normal circumstances, the Fund will invest approximately 90% of its net assets in international equity securities and the notional exposure to the U.S. Treasury futures contracts’ positions will represent approximately 60% of the Fund’s net assets.
Shareholder Expense Example (for the six-month period ended December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,026.70 | 0.26 | % | $ | 1.33 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.89 | 0.26 | % | $ | 1.33 |
Performance
Average Annual Total Return | ||||||||||||
6-Month* | 1 Year | Since Inception1 | ||||||||||
Fund NAV Returns |
2.67 | % | -19.72 | % | -10.93 | % | ||||||
Fund Market Price Returns |
2.80 | % | -19.63 | % | -10.81 | % | ||||||
MSCI EAFE Index |
6.36 | % | -14.45 | % | -7.38 | % |
* |
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 20, 2021. |
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 |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree U.S. Efficient Core Fund (NTSX)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
23.9% | |||
Health Care |
14.0% | |||
Financials |
10.5% | |||
Consumer Discretionary |
8.9% | |||
Industrials |
7.9% | |||
Communication Services |
6.7% | |||
Consumer Staples |
6.3% | |||
Energy |
4.8% | |||
Utilities |
2.6% | |||
Real Estate |
2.4% | |||
Materials |
2.2% | |||
Other Assets less Liabilities‡ |
9.8% | |||
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 | |||
Apple, Inc. |
5.5% | |||
Microsoft Corp. |
5.1% | |||
Amazon.com, Inc. |
2.2% | |||
Alphabet, Inc., Class A |
1.5% | |||
Alphabet, Inc., Class C |
1.3% | |||
UnitedHealth Group, Inc. |
1.3% | |||
Johnson & Johnson |
1.3% | |||
Exxon Mobil Corp. |
1.3% | |||
JPMorgan Chase & Co. |
1.1% | |||
Berkshire Hathaway, Inc., Class B |
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 U.S. Efficient Core Fund (the “Fund”) is actively managed using a model-based approach seeking total return. The Fund seeks to achieve its investment objective by investing in large-capitalization U.S. equity securities and U.S. Treasury futures contracts. Under normal circumstances, the Fund will invest approximately 90% of its net assets in U.S. equity securities and the notional exposure to the U.S. Treasury futures contracts’ positions will represent approximately 60% of the Fund’s net assets.
Shareholder Expense Example (for the six-month period ended December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 980.30 | 0.20 | % | $ | 1.00 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,024.20 | 0.20 | % | $ | 1.02 |
Performance
Average Annual Total Return | ||||||||||||||||
6-Month* | 1 Year | 3 Year | Since Inception1 | |||||||||||||
Fund NAV Returns |
-1.97 | % | -25.72 | % | 4.27 | % | 7.33 | % | ||||||||
Fund Market Price Returns |
-1.74 | % | -25.87 | % | 4.26 | % | 7.31 | % | ||||||||
60% S&P 500® Index / 40% Bloomberg U.S. Aggregate Index Composite |
-0.21 | % | -16.17 | % | 3.75 | % | 5.81 | % | ||||||||
S&P 500® Index |
2.31 | % | -18.11 | % | 7.66 | % | 9.08 | % |
* |
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 2, 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.
12 | WisdomTree Trust |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree Artificial Intelligence and Innovation Fund (WTAI)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
79.7% | |||
Consumer Discretionary |
6.8% | |||
Industrials |
6.0% | |||
Health Care |
3.8% | |||
Communication Services |
2.3% | |||
Financials |
1.4% | |||
Other Assets less Liabilities‡ |
0.0% | * | ||
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 | |||
Ambarella, Inc. |
2.5% | |||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR |
2.0% | |||
Analog Devices, Inc. |
2.0% | |||
Lattice Semiconductor Corp. |
2.0% | |||
Infineon Technologies AG |
2.0% | |||
ASML Holding NV, Registered shares |
1.9% | |||
Cadence Design Systems, Inc. |
1.9% | |||
Synopsys, Inc. |
1.9% | |||
STMicroelectronics NV |
1.9% | |||
NXP Semiconductors NV |
1.9% |
* |
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 Artificial Intelligence and Innovation Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Artificial Intelligence & Innovation Index (the “Index”). In seeking to track the Index, the Fund primarily invests in equity securities of exchange-listed companies globally, including developed countries and emerging markets throughout the world, which are primarily involved in the investment theme of “Artificial Intelligence and Innovation”. Artificial intelligence refers to the application of computer systems or robotics to perform tasks that typically require human intelligence, discernment and adaption, such as decision-making, reasoning, learning from past experiences, visual perception, and speech recognition. Innovation refers to those companies that introduce a new, creative, or different (i.e., “innovative”) technology enabled product or service in seeking to potentially change an industry landscape, as well as companies that service those innovative technologies. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole.
Shareholder Expense Example (for the six-month period ended December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 940.90 | 0.45 | % | $ | 2.20 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.94 | 0.45 | % | $ | 2.29 |
Performance
Average Annual Total Return | ||||||||||||
6-Month* | 1 Year | Since Inception1 | ||||||||||
Fund NAV Returns |
-5.91 | % | -42.43 | % | -41.94 | % | ||||||
Fund Market Price Returns |
-5.83 | % | -42.26 | % | -41.70 | % | ||||||
WisdomTree Artificial Intelligence & Innovation Index |
-5.70 | % | -42.21 | % | -41.74 | % | ||||||
Nasdaq 100 Index |
-4.46 | % | -32.38 | % | -31.07 | % | ||||||
S&P 500® Information Technology Index |
-1.76 | % | -28.19 | % | -26.40 | % |
* |
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 December 9, 2021. |
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 | 13 |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree Battery Value Chain and Innovation Fund (WBAT)
Sector Breakdown†
Sector | % of Net Assets | |||
Industrials |
39.9% | |||
Materials |
35.4% | |||
Consumer Discretionary |
10.2% | |||
Information Technology |
9.1% | |||
Utilities |
3.1% | |||
Energy |
1.9% | |||
Health Care |
0.2% | |||
Other Assets less Liabilities‡ |
0.2% | |||
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 | |||
Umicore SA |
3.8% | |||
TDK Corp. |
3.5% | |||
QuantumScape Corp. |
2.9% | |||
Blink Charging Co. |
2.9% | |||
GEM Co. Ltd., Class A |
2.8% | |||
BASF SE |
2.8% | |||
EnerSys |
2.3% | |||
Rolls-Royce Holdings PLC |
1.9% | |||
Bloom Energy Corp., Class A |
1.9% | |||
Qingdao TGOOD Electric Co. Ltd., Class A |
1.8% |
* |
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 Battery Value Chain and Innovation Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Battery Value Chain and Innovation Index (the “Index”). In seeking to track the Index, the Fund invests in companies primarily involved in battery and energy storage solutions that meet the index eligibility requirements. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole.
Shareholder Expense Example (for the six-month period ended December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 928.30 | 0.45 | % | $ | 2.19 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.94 | 0.45 | % | $ | 2.29 |
Performance
Cumulative Total Return | ||||||||
6-Month* | Since Inception1 | |||||||
Fund NAV Returns |
-7.17 | % | -20.36 | % | ||||
Fund Market Price Returns |
-7.90 | % | -20.41 | % | ||||
WisdomTree Battery Value Chain and Innovation Index |
-7.05 | % | -20.03 | % | ||||
MSCI ACWI Materials Index |
7.32 | % | -11.76 | % |
1 |
Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on February 17, 2022. |
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.
14 | WisdomTree Trust |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree BioRevolution Fund (WDNA)
Sector Breakdown†
Sector | % of Net Assets | |||
Health Care |
78.8% | |||
Materials |
12.2% | |||
Consumer Staples |
5.6% | |||
Energy |
3.2% | |||
Other Assets less Liabilities‡ |
0.2% | |||
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 | |||
AstraZeneca PLC, ADR |
3.1% | |||
Pfizer, Inc. |
2.3% | |||
Vertex Pharmaceuticals, Inc. |
2.3% | |||
Archer-Daniels-Midland Co. |
2.2% | |||
Merck & Co., Inc. |
2.2% | |||
Gilead Sciences, Inc. |
2.2% | |||
Sarepta Therapeutics, Inc. |
2.2% | |||
Alnylam Pharmaceuticals, Inc. |
2.2% | |||
Eli Lilly & Co. |
2.1% | |||
Thermo Fisher Scientific, Inc. |
2.0% |
* |
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 BioRevolution Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree BioRevolution Index (the “Index”). In seeking to track the Index, the Fund primarily invests in equity securities of exchange-listed companies globally that will be significantly transformed by advancements in genetics and biotechnology. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole.
Shareholder Expense Example (for the six-month period ended December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 1,005.50 | 0.45 | % | $ | 2.27 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.94 | 0.45 | % | $ | 2.29 |
Performance
Average Annual Total Return | ||||||||||||
6-Month* | 1 Year | Since Inception1 | ||||||||||
Fund NAV Returns |
0.55 | % | -26.07 | % | -20.34 | % | ||||||
Fund Market Price Returns |
0.43 | % | -26.23 | % | -20.42 | % | ||||||
WisdomTree BioRevolution Index |
0.75 | % | -25.77 | % | -19.99 | % | ||||||
S&P Biotechnology Select Industry Index |
12.04 | % | -25.62 | % | -23.52 | % | ||||||
S&P 500® Health Care Index |
6.10 | % | -3.55 | % | 7.67 | % |
* |
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 June 3, 2021. |
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 | 15 |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree Cloud Computing Fund (WCLD)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
94.5% | |||
Health Care |
2.1% | |||
Communication Services |
1.9% | |||
Consumer Discretionary |
1.4% | |||
Other Assets less Liabilities‡ |
0.1% | |||
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 | |||
Yext, Inc. |
2.3% | |||
Clearwater Analytics Holdings, Inc., Class A |
2.0% | |||
Workiva, Inc. |
2.0% | |||
AvidXchange Holdings, Inc. |
2.0% | |||
Coupa Software, Inc. |
1.9% | |||
Smartsheet, Inc., Class A |
1.9% | |||
Wix.com Ltd. |
1.9% | |||
Squarespace, Inc., Class A |
1.8% | |||
PagerDuty, Inc. |
1.7% | |||
Box, Inc., Class A |
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 Cloud Computing Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the Bessemer Venture Partners (“BVP”) Nasdaq Emerging Cloud Index (the “Index”). In seeking to track the Index, the Fund invests in emerging public companies primarily involved in providing cloud computing software and services to their customers, which derive the majority of their revenues from business-oriented software products, as determined by BVP. 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 December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 893.70 | 0.45 | % | $ | 2.15 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.94 | 0.45 | % | $ | 2.29 |
Performance
Average Annual Total Return | ||||||||||||||||
6-Month* | 1 Year | 3 Year | Since Inception1 | |||||||||||||
Fund NAV Returns |
-10.63 | % | -51.71 | % | -0.67 | % | -0.01 | % | ||||||||
Fund Market Price Returns |
-10.40 | % | -51.67 | % | -0.66 | % | 0.01 | % | ||||||||
BVP Nasdaq Emerging Cloud Index |
-10.48 | % | -51.53 | % | -0.34 | % | 0.36 | % | ||||||||
S&P 500® Information Technology Index |
-1.76 | % | -28.19 | % | 11.60 | % | 14.69 | % | ||||||||
S&P 500® Growth Index |
-2.47 | % | -29.41 | % | 7.54 | % | 8.96 | % |
* |
Returns of less than one year are cumulative. |
1 |
Total returns are calculated based on the commencement of Fund trading on the NASDAQ on September 6, 2019. |
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.
16 | WisdomTree Trust |
Performance Summary
as of December 31, 2022 (unaudited)
WisdomTree Cybersecurity Fund (WCBR)
Country Breakdown†
Country | % of Net Assets | |||
United States |
86.5% | |||
United Kingdom |
4.5% | |||
Japan |
4.4% | |||
South Korea |
2.8% | |||
Israel |
1.3% | |||
Canada |
0.4% | |||
Other Assets less Liabilities‡ |
0.1% | |||
Total |
100.0% |
† |
The Fund’s country breakdown may change over time. 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 | |||
Okta, Inc. |
7.1% | |||
Fortinet, Inc. |
6.1% | |||
Akamai Technologies, Inc. |
5.2% | |||
Tenable Holdings, Inc. |
5.1% | |||
HashiCorp, Inc., Class A |
5.0% | |||
Palo Alto Networks, Inc. |
5.0% | |||
Datadog, Inc., Class A |
4.9% | |||
Fastly, Inc., Class A |
4.7% | |||
Cloudflare, Inc., Class A |
4.6% | |||
Darktrace PLC |
4.5% |
* |
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 Cybersecurity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Team8 Cybersecurity Index (the “Index”). In seeking to track the Index, the Fund invests in equity securities of exchange-listed companies globally, which are primarily involved in cybersecurity and security-oriented technology that generate a meaningful part of their revenue from security protocols that prevent intrusion and attacks to systems, networks, applications, computers, and mobile devices and are experiencing revenue growth.
Shareholder Expense Example (for the six-month period ended December 31, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 855.90 | 0.45 | % | $ | 2.11 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.94 | 0.45 | % | $ | 2.29 |
Performance
Average Annual Total Return | ||||||||||||
6-Month* | 1 Year | Since Inception1 | ||||||||||
Fund NAV Returns |
-14.41 | % | -41.57 | % | -21.11 | % | ||||||
Fund Market Price Returns |
-14.37 | % | -41.61 | % | -21.14 | % | ||||||
WisdomTree Team8 Cybersecurity Index |
-14.73 | % | -41.75 | % | -21.01 | % | ||||||
S&P 500® Information Technology Index |
-1.76 | % | -28.19 | % | -2.31 | % | ||||||
S&P 500® Growth Index |
-2.47 | % | -29.41 | % | -4.03 | % |
* |
Returns of less than one year are cumulative. |
1 |
Total returns are calculated based on the commencement of Fund trading on the NASDAQ on January 28, 2021. |
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 | 17 |
Description of Terms and Indexes (unaudited)
Below are descriptions of certain terms and of each Index referenced in this report:
The 60% S&P 500® Index/40% Bloomberg U.S. Aggregate Index Composite represents a 60% weight to the S&P 500® Index and a 40% weight to the Bloomberg U.S. Aggregate Index. The Bloomberg U.S. Aggregate Index measures the performance of the U.S. investment-grade bond market.
The BVP Nasdaq Emerging Cloud Index is an equally weighted index that is designed to track the performance of emerging public companies primarily involved in providing cloud software and services to their customers.
Cloud computing is a term used to describe the delivery, through the Internet, of computing services, which can include servers, storage, databases, networking, software, analytics, and intelligence.
The ICE BofA Merrill Lynch U.S. Corporate Index tracks the performance of U.S. dollar denominated investment grade corporate debt publicly issued in the U.S.
The ICE BofA Merrill Lynch U.S. High Yield Index tracks the performance of U.S. dollar denominated high yield corporate debt securities issued in the U.S.
The ICE BofA Merrill Lynch 1-5 Year U.S. Corporate Index is a subset of the ICE BofA Merrill Lynch U.S. Corporate Index including all securities with a remaining term to final maturity less than 5 years.
The MSCI ACWI Materials Index is a modified market capitalization weighted index that measures the performance of securities classified in the Materials GICS sector.
The MSCI EAFE Extended ESG Focus Index is designed to maximize exposure to positive environmental, social and governance (ESG) factors while exhibiting risk and return characteristics similar to those of the MSCI EAFE Index, its parent index.
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, in local currency.
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 Small Cap Local Currency 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, in local currency.
The MSCI EAFE Small Cap Value Index captures small cap securities exhibiting overall value style characteristics across Developed Markets countries, 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 “value” stocks within the developed equity market, excluding the U.S. and Canada.
The MSCI Emerging Markets Extended ESG Focus Index is designed to maximize exposure to positive environmental, social and governance (ESG) factors while exhibiting risk and return characteristics similar to those of the MSCI Emerging Markets Index, its parent index.
The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure emerging markets equity performance.
The MSCI Extended ESG Focus Indexes (the “Indexes”) are designed to maximize their exposure to positive environmental, social and governance (ESG) factors while exhibiting risk and return characteristics similar to those of the underlying market capitalization weighted index.
18 | WisdomTree Trust |
Description of Terms and Indexes (unaudited) (continued)
The NASDAQ 100 Index is a large-cap growth index that includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization.
The S&P 500® Growth Index measures the performance of the large-capitalization growth sector of the U.S. equity market.
The S&P 500® Health Care Index is a capitalization weighted index that measures the performance of the members of the GICS Healthcare sector within the S&P 500 Index.
The S&P 500® Index is a capitalization-weighted index of 500 stocks selected by the Standard & Poor’s Index Committee designed to represent the performance of the leading industries in the United States economy.
The S&P 500® Information Technology Index comprises companies included in the S&P 500® that are classified as members of the GICS® information technology sector.
The S&P Biotechnology Select Industry Index is designed to measure the performance of stocks from the S&P Total Market index that are classified in the GICS biotechnology sub-industry.
The WisdomTree Artificial Intelligence & Innovation Index is designed to measure the performance of companies primarily involved in artificial intelligence and innovation.
The WisdomTree Battery Value Chain and Innovation Index is designed to track the performance of companies primarily involved in battery and energy storage solutions that meet Index eligibility requirements. Battery and energy storage solutions can be defined as technology that captures electric energy in chemical form.
The WisdomTree BioRevolution Index is designed to track performance of companies that will be significantly transformed by advancements in genetics and biotechnology that meet index eligibility requirements.
The WisdomTree Dynamic Currency Hedged 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. To hedge the impact of changes to the value of foreign currencies relative to the U.S. dollar, a currency hedge ratio (ranging from 0% to 100%) is applied monthly using a rules-based process that combines momentum, value, and interest rate signals.
The WisdomTree Dynamic Currency Hedged International SmallCap Equity Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the dividend-paying market in the industrialized world, excluding Canada and the United States. To hedge the impact of changes to the value of foreign currencies relative to the U.S. dollar, a currency hedge ratio (ranging from 0% to 100%) is applied monthly using a rules-based process that combines momentum, value, and interest rate signals.
The WisdomTree Emerging Markets ex-China Index measures the performance of emerging markets stocks (excluding China) that are not state owned enterprises. State owned enterprises are defined as government ownership of more than 20% of outstanding shares of companies. The index employs a modified float-adjusted market capitalization weighting process to target the weights of countries in the universe (excluding China) prior to the removal of state owned enterprises while also limiting sector deviations to 3% of the starting universe.
The WisdomTree Team8 Cybersecurity Index is designed to track the performance of companies primarily involved in providing cybersecurity-oriented products that meet index eligibility requirements.
The WisdomTree U.S. Corporate Bond Index is a rule-based alternatively weighted index designed to capture the performance of selected issuers in the U.S. investment grade corporate bond market that are deemed to have attractive fundamental and income characteristics. The Index employs a multi-step process, which screens on fundamentals to identify bonds with favorable characteristics and then tilts to those which offer attractive income characteristics. The Index is comprised of U.S. corporate bonds of
WisdomTree Trust | 19 |
Description of Terms and Indexes (unaudited) (continued)
public issuers domiciled in the United States. To be eligible for inclusion in the Index, debt securities must have fixed coupons with at least $350 million in par amount outstanding and a remaining maturity of at least one year. Component securities must be rated investment grade.
The WisdomTree U.S. High Yield Corporate Bond Index is a rule-based alternatively weighted index designed to capture the performance of selected issuers in the U.S. high yield corporate bond market that are deemed to have attractive fundamental and income characteristics. The Index employs a multi-step process, which screens on fundamentals to identify bonds with favorable characteristics and then tilts to those which offer attractive income characteristics. The Index is comprised of U.S. corporate bonds of public issuers domiciled in the United States. To be eligible for inclusion in the Index, debt securities must have fixed coupons with at least $500 million in par amount outstanding and a remaining maturity of at least one year. Component securities must be rated non-investment grade by at least one rating agency.
The WisdomTree U.S. Short-Term Corporate Bond Index is a rule-based alternatively weighted index designed to capture the performance of selected issuers in the U.S. investment-grade corporate bond market that are deemed to have attractive fundamental and income characteristics. The Index employs a multi-step process, which screens on fundamentals to identify bonds with favorable characteristics and then tilts to those which offer attractive income characteristics. The Index is comprised of U.S. corporate bonds of public issuers domiciled in the United States. To be eligible for inclusion in the Index, debt securities must have fixed coupons with at least $350 million in par amount outstanding and a remaining maturity of at least one year but not more than five years. Component securities must be rated investment grade.
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, 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.
THE INFORMATION SET FORTH IN THE BVP NASDAQ EMERGING CLOUD INDEX IS NOT INTENDED TO BE, AND SHALL NOT BE REGARDED OR CONSTRUED AS, A RECOMMENDATION FOR A TRANSACTION OR INVESTMENT OR FINANCIAL, TAX, INVESTMENT OR OTHER ADVICE OF ANY KIND BY BESSEMER VENTURE PARTNERS. BESSEMER VENTURE PARTNERS DOES NOT PROVIDE INVESTMENT ADVICE TO WISDOMTREE OR THE FUND, IS NOT AN INVESTMENT ADVISER TO THE FUND AND IS NOT RESPONSIBLE FOR THE PERFORMANCE OF THE FUND. THE FUND IS NOT ISSUED, SPONSORED, ENDORSED OR PROMOTED BY BESSEMER VENTURE PARTNERS. BESSEMER VENTURE PARTNERS MAKES NO WARRANTY OR REPRESENTATION REGARDING THE QUALITY, ACCURACY OR COMPLETENESS OF THE BVP NASDAQ EMERGING CLOUD INDEX, INDEX
20 | WisdomTree Trust |
Description of Terms and Indexes (unaudited) (concluded)
VALUES OR ANY INDEX RELATED DATA INCLUDED HEREIN, PROVIDED HEREWITH OR DERIVED THEREFROM AND ASSUMES NO LIABILITY IN CONNECTION WITH ITS USE. BESSEMER VENTURE PARTNERS AND/OR POOLED INVESTMENT VEHICLES WHICH IT MANAGES, AND INDIVIDUALS AND ENTITIES AFFILIATED WITH SUCH VEHICLES, MAY PURCHASE, SELL OR HOLD SECURITIES OF ISSUERS THAT ARE CONSTITUENTS OF THE BVP NASDAQ EMERGING CLOUD INDEX FROM TIME TO TIME AND AT ANY TIME, INCLUDING IN ADVANCE OF OR FOLLOWING AN ISSUER BEING ADDED TO OR REMOVED FROM THE BVP NASDAQ EMERGING CLOUD INDEX.
Nasdaq® and the BVP Nasdaq Emerging Cloud Index are registered trademarks and service marks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by WisdomTree. The fund has not been passed on by the Corporations as to its legality or suitability. The fund is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.
WisdomTree, 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 is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree 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 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.
* * * * * *
Abbreviations used in the schedules of investments and related tables included in this report are as follows:
CURRENCY ABBREVIATIONS: | ||||||
AUD | Australian dollar | ILS | Israeli new shekel | |||
CHF | Swiss franc | JPY | Japanese yen | |||
DKK | Danish krone | NOK | Norwegian krone | |||
EUR | Euro | SEK | Swedish krona | |||
GBP | British pound | SGD | Singapore dollar | |||
HKD | Hong Kong dollar | USD | U.S. dollar | |||
OTHER ABBREVIATIONS: | ||||||
ADR | American Depositary Receipt | |||||
CVA | Certificaten Van Aandelen (Certificate of Stock) | |||||
GDR | Global Depositary Receipt | |||||
NVDR | Non-Voting Depositary Receipt | |||||
RSP | Risparmio Italian Savings Shares |
WisdomTree Trust | 21 |
Schedule of Investments (unaudited)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
December 31, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 100.7% |
| |||||||
Australia – 13.5% |
| |||||||
Abacus Property Group(a) |
38,763 | $ | 69,135 | |||||
Accent Group Ltd.(a) |
12,282 | 13,993 | ||||||
Adbri Ltd.(a) |
18,004 | 20,207 | ||||||
AGL Energy Ltd. |
14,282 | 78,161 | ||||||
ALS Ltd. |
6,392 | 53,014 | ||||||
Alumina Ltd.(a) |
105,593 | 108,844 | ||||||
Ampol Ltd. |
7,505 | 143,932 | ||||||
ANZ Group Holdings Ltd. |
79,177 | 1,270,397 | ||||||
APA Group |
28,712 | 209,508 | ||||||
Aristocrat Leisure Ltd. |
3,877 | 80,243 | ||||||
ASX Ltd. |
3,350 | 154,528 | ||||||
Aurizon Holdings Ltd. |
38,840 | 98,246 | ||||||
Australian Clinical Labs Ltd. |
16,551 | 33,448 | ||||||
Bank of Queensland Ltd.(a) |
11,683 | 54,668 | ||||||
Bendigo & Adelaide Bank Ltd. |
11,064 | 73,605 | ||||||
BHP Group Ltd. |
277,704 | 8,593,268 | ||||||
BlueScope Steel Ltd. |
9,587 | 109,484 | ||||||
Brambles Ltd. |
16,334 | 133,698 | ||||||
Brickworks Ltd. |
2,392 | 35,963 | ||||||
BWP Trust(a) |
18,688 | 49,552 | ||||||
carsales.com Ltd. |
3,922 | 55,215 | ||||||
Centuria Capital Group(a) |
70,425 | 81,429 | ||||||
Centuria Industrial REIT(a) |
20,682 | 43,760 | ||||||
Challenger Ltd.(a) |
9,092 | 46,983 | ||||||
Charter Hall Group(a) |
7,554 | 61,370 | ||||||
Charter Hall Long Wale REIT |
28,342 | 85,145 | ||||||
Cochlear Ltd. |
291 | 40,281 | ||||||
Coles Group Ltd. |
22,705 | 257,444 | ||||||
Commonwealth Bank of Australia(a) |
30,818 | 2,144,261 | ||||||
Computershare Ltd. |
5,557 | 98,734 | ||||||
Cromwell Property Group(a) |
93,668 | 42,559 | ||||||
CSL Ltd. |
1,904 | 371,555 | ||||||
CSR Ltd. |
17,365 | 55,465 | ||||||
Deterra Royalties Ltd. |
24,231 | 75,260 | ||||||
Dexus |
25,754 | 135,354 | ||||||
Dicker Data Ltd.(a) |
3,476 | 24,020 | ||||||
Eagers Automotive Ltd.(a) |
4,456 | 32,787 | ||||||
Elders Ltd. |
4,485 | 30,841 | ||||||
Endeavour Group Ltd. |
16,823 | 73,243 | ||||||
First Resources Ltd. |
41,100 | 45,353 | ||||||
Goodman Group |
9,926 | 116,856 | ||||||
GPT Group |
23,212 | 66,113 | ||||||
Growthpoint Properties Australia Ltd.(a) |
21,911 | 44,280 | ||||||
Harvey Norman Holdings Ltd.(a) |
39,835 | 111,568 | ||||||
Healius Ltd.(a) |
12,329 | 25,668 | ||||||
Helia Group Ltd. |
22,532 | 42,020 | ||||||
HomeCo Daily Needs REIT |
55,188 | 48,092 | ||||||
IGO Ltd. |
3,362 | 30,688 | ||||||
Iluka Resources Ltd. |
4,805 | 31,054 | ||||||
Incitec Pivot Ltd. |
48,882 | 124,641 | ||||||
Inghams Group Ltd. |
17,278 | 33,511 | ||||||
Insignia Financial Ltd. |
17,180 | 39,030 | ||||||
Insurance Australia Group Ltd. |
16,169 | 52,084 | ||||||
IVE Group Ltd. |
12,313 | 19,623 | ||||||
JB Hi-Fi Ltd.(a) |
3,762 | 107,023 | ||||||
Lovisa Holdings Ltd. |
2,566 | 40,214 | ||||||
Macquarie Group Ltd. |
4,812 | 544,834 | ||||||
McMillan Shakespeare Ltd. |
4,200 | 38,280 | ||||||
Medibank Pvt Ltd. |
43,720 | 87,464 | ||||||
Metcash Ltd.(a) |
26,734 | 72,156 | ||||||
Mineral Resources Ltd. |
917 | 48,008 | ||||||
Mirvac Group |
59,272 | 85,616 | ||||||
MyState Ltd. |
9,273 | 24,651 | ||||||
National Australia Bank Ltd. |
64,623 | 1,317,352 | ||||||
New Hope Corp. Ltd.(a) |
30,226 | 130,366 | ||||||
NIB Holdings Ltd.(a) |
7,090 | 37,263 | ||||||
Nick Scali Ltd.(a) |
2,095 | 15,117 | ||||||
Nine Entertainment Co. Holdings Ltd. |
63,194 | 78,853 | ||||||
Northern Star Resources Ltd. |
10,907 | 80,697 | ||||||
NRW Holdings Ltd. |
24,801 | 47,261 | ||||||
Orica Ltd. |
3,560 | 36,358 | ||||||
Origin Energy Ltd. |
30,072 | 157,436 | ||||||
Orora Ltd. |
21,423 | 41,986 | ||||||
Perpetual Ltd.(a) |
2,737 | 45,660 | ||||||
Premier Investments Ltd. |
3,853 | 64,905 | ||||||
QBE Insurance Group Ltd. |
12,022 | 109,491 | ||||||
Qube Holdings Ltd.(a) |
24,905 | 47,459 | ||||||
REA Group Ltd.(a) |
886 | 66,573 | ||||||
Reece Ltd. |
4,173 | 40,043 | ||||||
Region RE Ltd. |
32,725 | 60,142 | ||||||
Rio Tinto Ltd. |
54,534 | 3,922,108 | ||||||
Santos Ltd. |
39,765 | 192,542 | ||||||
Scentre Group |
103,346 | 201,842 | ||||||
SEEK Ltd.(a) |
4,146 | 58,903 | ||||||
Seven Group Holdings Ltd.(a) |
3,083 | 43,843 | ||||||
Sigma Healthcare Ltd. |
11,953 | 4,945 | ||||||
Sims Ltd. |
7,361 | 65,343 | ||||||
Sonic Healthcare Ltd. |
6,859 | 139,403 | ||||||
South32 Ltd. |
212,765 | 577,146 | ||||||
Steadfast Group Ltd.(a) |
12,286 | 45,575 | ||||||
Stockland |
87,014 | 214,201 | ||||||
Suncorp Group Ltd. |
13,746 | 112,235 | ||||||
Telstra Group Ltd.(a) |
235,154 | 636,284 | ||||||
Terracom Ltd.(a) |
22,936 | 14,465 | ||||||
TPG Telecom Ltd.(a) |
26,016 | 86,273 | ||||||
Transurban Group |
32,501 | 286,086 | ||||||
Treasury Wine Estates Ltd. |
7,488 | 69,111 | ||||||
Vicinity Ltd. |
87,398 | 118,538 | ||||||
Viva Energy Group Ltd.(b) |
51,477 | 95,302 | ||||||
Washington H Soul Pattinson & Co. Ltd.(a) |
3,832 | 71,879 | ||||||
Waypoint REIT Ltd. |
22,777 | 42,477 | ||||||
Wesfarmers Ltd. |
15,837 | 493,067 | ||||||
Westpac Banking Corp. |
55,991 | 886,606 | ||||||
Whitehaven Coal Ltd. |
22,364 | 142,865 | ||||||
Woodside Energy Group Ltd.(a) |
55,141 | 1,325,239 | ||||||
Woolworths Group Ltd. |
10,356 | 235,689 |
See Notes to Financial Statements.
22 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
December 31, 2022
Investments | Shares | Value | ||||||
Worley Ltd. |
7,993 | $ | 81,307 | |||||
|
|
|||||||
Total Australia |
|
29,558,663 | ||||||
Austria – 0.6% |
| |||||||
Andritz AG |
1,656 | 94,642 | ||||||
BAWAG Group AG*(b) |
2,417 | 128,461 | ||||||
Erste Group Bank AG |
7,849 | 250,468 | ||||||
EVN AG |
2,562 | 46,210 | ||||||
Lenzing AG |
913 | 53,397 | ||||||
Oesterreichische Post AG |
1,664 | 52,212 | ||||||
OMV AG |
5,364 | 275,359 | ||||||
S IMMO AG |
1,301 | 17,328 | ||||||
Telekom Austria AG* |
13,253 | 81,754 | ||||||
UNIQA Insurance Group AG |
11,440 | 85,465 | ||||||
Verbund AG |
713 | 59,849 | ||||||
Vienna Insurance Group AG Wiener Versicherung Gruppe |
2,216 | 52,858 | ||||||
Voestalpine AG |
3,631 | 96,027 | ||||||
Wienerberger AG |
1,905 | 45,867 | ||||||
|
|
|||||||
Total Austria |
|
1,339,897 | ||||||
Belgium – 1.0% |
| |||||||
Ackermans & van Haaren NV |
278 | 47,531 | ||||||
Aedifica SA |
734 | 59,379 | ||||||
Ageas SA/NV |
6,702 | 296,265 | ||||||
Anheuser-Busch InBev SA |
5,388 | 323,572 | ||||||
bpost SA |
8,685 | 44,529 | ||||||
Cofinimmo SA |
302 | 26,977 | ||||||
D’ieteren Group |
295 | 56,419 | ||||||
Elia Group SA/NV |
424 | 60,094 | ||||||
Groupe Bruxelles Lambert NV |
2,160 | 171,926 | ||||||
KBC Group NV |
9,888 | 634,022 | ||||||
Melexis NV |
762 | 65,873 | ||||||
Proximus SADP |
12,404 | 119,090 | ||||||
Solvay SA |
1,330 | 134,080 | ||||||
UCB SA |
879 | 69,007 | ||||||
Umicore SA |
1,936 | 70,912 | ||||||
VGP NV(a) |
783 | 65,014 | ||||||
Warehouses De Pauw CVA |
1,820 | 51,862 | ||||||
|
|
|||||||
Total Belgium |
|
2,296,552 | ||||||
Burkina Faso – 0.0% |
| |||||||
Endeavour Mining PLC |
2,793 | 58,862 | ||||||
China – 0.5% |
| |||||||
BOC Hong Kong Holdings Ltd. |
221,500 | 754,893 | ||||||
Prosus NV* |
2,225 | 153,045 | ||||||
Wilmar International Ltd. |
88,500 | 275,160 | ||||||
|
|
|||||||
Total China |
|
1,183,098 | ||||||
Denmark – 1.4% |
| |||||||
Alm Brand A/S |
26,161 | 42,238 | ||||||
AP Moller – Maersk A/S, Class B |
258 | 578,365 | ||||||
Carlsberg A/S, Class B |
964 | 127,724 | ||||||
Chr Hansen Holding A/S |
696 | 49,914 | ||||||
Coloplast A/S, Class B |
1,464 | 170,608 | ||||||
D/S Norden A/S |
1,743 | 104,562 | ||||||
DSV A/S |
447 | 70,342 | ||||||
Novo Nordisk A/S, Class B |
7,595 | 1,022,426 | ||||||
Novozymes A/S, Class B |
1,053 | 53,180 | ||||||
Orsted A/S(b) |
2,457 | 222,609 | ||||||
Pandora A/S |
2,053 | 143,813 | ||||||
Scandinavian Tobacco Group A/S(b) |
2,749 | 48,172 | ||||||
Sydbank A/S |
1,005 | 42,203 | ||||||
Topdanmark A/S |
2,849 | 149,404 | ||||||
Tryg A/S |
6,649 | 157,784 | ||||||
|
|
|||||||
Total Denmark |
|
2,983,344 | ||||||
Finland – 1.6% |
| |||||||
Aktia Bank Oyj |
3,268 | 35,645 | ||||||
Anora Group Oyj |
3,793 | 29,794 | ||||||
Citycon Oyj*(a) |
6,836 | 45,635 | ||||||
Elisa Oyj |
2,449 | 129,273 | ||||||
Fortum Oyj |
21,126 | 350,376 | ||||||
Huhtamaki Oyj |
1,265 | 43,202 | ||||||
Kesko Oyj, Class A |
2,595 | 56,360 | ||||||
Kesko Oyj, Class B |
5,040 | 110,914 | ||||||
Kojamo Oyj |
2,742 | 40,384 | ||||||
Kone Oyj, Class B |
5,314 | 273,927 | ||||||
Konecranes Oyj |
1,220 | 37,447 | ||||||
Metsa Board Oyj, Class B |
6,286 | 58,802 | ||||||
Metso Outotec Oyj |
9,561 | 98,080 | ||||||
Neste Oyj |
4,310 | 197,885 | ||||||
Nokia Oyj |
17,411 | 80,404 | ||||||
Nordea Bank Abp |
73,456 | 787,328 | ||||||
Orion Oyj, Class B |
1,454 | 79,513 | ||||||
Sampo Oyj, Class A |
10,616 | 553,127 | ||||||
Stora Enso Oyj, Class R |
7,093 | 99,545 | ||||||
TietoEVRY Oyj |
2,524 | 71,438 | ||||||
UPM-Kymmene Oyj |
6,164 | 229,788 | ||||||
Valmet Oyj |
3,442 | 92,425 | ||||||
|
|
|||||||
Total Finland |
|
3,501,292 | ||||||
France – 11.2% |
| |||||||
Air Liquide SA |
2,861 | 404,270 | ||||||
Airbus SE |
3,492 | 413,753 | ||||||
ALD SA(a)(b) |
12,872 | 147,817 | ||||||
Arkema SA |
748 | 66,962 | ||||||
AXA SA |
64,277 | 1,787,363 | ||||||
BioMerieux |
455 | 47,550 | ||||||
BNP Paribas SA |
27,975 | 1,589,848 | ||||||
Bollore SE |
17,420 | 97,048 | ||||||
Bouygues SA(a) |
7,142 | 213,729 | ||||||
Bureau Veritas SA |
1,599 | 41,998 | ||||||
Capgemini SE |
778 | 129,488 | ||||||
Carrefour SA |
6,339 | 105,809 | ||||||
Cie de Saint-Gobain |
5,541 | 269,957 | ||||||
Cie Generale des Etablissements Michelin SCA |
8,928 | 247,596 | ||||||
Coface SA |
8,510 | 110,259 | ||||||
Danone SA |
6,682 | 351,077 | ||||||
Dassault Aviation SA |
480 | 81,043 | ||||||
Dassault Systemes SE |
2,079 | 74,319 |
See Notes to Financial Statements.
WisdomTree Trust | 23 |
Schedule of Investments (unaudited) (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
December 31, 2022
Investments | Shares | Value | ||||||
Edenred |
1,544 | $ | 83,842 | |||||
Eiffage SA |
1,163 | 114,092 | ||||||
Electricite de France SA |
55,428 | 709,866 | ||||||
Elis SA |
4,451 | 65,650 | ||||||
Engie SA |
71,882 | 1,027,074 | ||||||
Eramet SA |
642 | 57,452 | ||||||
EssilorLuxottica SA |
2,068 | 373,437 | ||||||
Gaztransport Et Technigaz SA |
609 | 64,866 | ||||||
Gecina SA |
918 | 93,222 | ||||||
Getlink SE |
3,130 | 50,024 | ||||||
Hermes International |
295 | 454,942 | ||||||
Imerys SA |
1,206 | 46,773 | ||||||
Ipsen SA |
318 | 34,108 | ||||||
IPSOS |
789 | 49,260 | ||||||
Kering SA |
1,018 | 516,612 | ||||||
Klepierre SA* |
6,753 | 155,170 | ||||||
L’Oreal SA |
3,506 | 1,248,257 | ||||||
La Francaise des Jeux SAEM(b) |
3,467 | 139,052 | ||||||
Legrand SA |
1,994 | 159,224 | ||||||
LVMH Moet Hennessy Louis Vuitton SE |
4,096 | 2,972,152 | ||||||
Metropole Television SA |
5,254 | 86,072 | ||||||
Nexans SA |
396 | 35,691 | ||||||
Orange SA |
77,264 | 765,311 | ||||||
Pernod Ricard SA |
2,599 | 509,682 | ||||||
Publicis Groupe SA* |
3,342 | 211,936 | ||||||
Remy Cointreau SA |
241 | 40,536 | ||||||
Rexel SA |
6,144 | 120,914 | ||||||
Rothschild & Co. |
2,521 | 100,492 | ||||||
Rubis SCA |
2,722 | 71,464 | ||||||
Sanofi |
15,017 | 1,439,855 | ||||||
Sartorius Stedim Biotech |
148 | 47,781 | ||||||
Schneider Electric SE |
3,958 | 552,184 | ||||||
Societe BIC SA |
584 | 39,858 | ||||||
Societe Generale SA |
18,538 | 464,544 | ||||||
Sodexo SA |
806 | 76,971 | ||||||
Sopra Steria Group SACA |
333 | 50,182 | ||||||
SPIE SA |
2,078 | 54,024 | ||||||
Teleperformance |
234 | 55,616 | ||||||
Thales SA |
2,008 | 255,664 | ||||||
TotalEnergies SE(a) |
58,987 | 3,692,243 | ||||||
Trigano SA |
8 | 1,089 | ||||||
Valeo |
1,472 | 26,236 | ||||||
Veolia Environnement SA |
9,205 | 235,777 | ||||||
Verallia SA(b) |
1,539 | 52,034 | ||||||
Vicat SA |
2,535 | 63,443 | ||||||
Vinci SA |
6,415 | 638,701 | ||||||
Vivendi SE |
15,714 | 149,495 | ||||||
Wendel SE |
752 | 69,984 | ||||||
|
|
|||||||
Total France |
|
24,502,740 | ||||||
Georgia – 0.0% |
| |||||||
Bank of Georgia Group PLC |
1,691 | 52,988 | ||||||
Germany – 7.4% |
| |||||||
adidas AG |
1,799 | 244,721 | ||||||
Allianz SE, Registered Shares |
7,142 | 1,531,319 | ||||||
BASF SE |
19,673 | 974,004 | ||||||
Bayer AG, Registered Shares |
11,388 | 587,334 | ||||||
Bayerische Motoren Werke AG |
13,215 | 1,175,967 | ||||||
Bechtle AG |
1,043 | 36,800 | ||||||
Beiersdorf AG |
504 | 57,662 | ||||||
Brenntag SE |
1,351 | 86,108 | ||||||
Carl Zeiss Meditec AG, Bearer Shares |
345 | 43,411 | ||||||
Dermapharm Holding SE |
627 | 25,107 | ||||||
Deutsche Bank AG, Registered Shares |
14,974 | 169,207 | ||||||
Deutsche Boerse AG |
1,083 | 186,551 | ||||||
Deutsche Post AG, Registered Shares |
18,490 | 694,223 | ||||||
Deutsche Telekom AG, Registered Shares |
77,756 | 1,546,675 | ||||||
DWS Group GmbH & Co. KGaA(b) |
6,564 | 212,685 | ||||||
E.ON SE |
46,767 | 465,879 | ||||||
Encavis AG |
1,648 | 32,512 | ||||||
Evonik Industries AG |
8,519 | 163,063 | ||||||
Fielmann AG |
1,972 | 77,913 | ||||||
Freenet AG |
3,713 | 80,918 | ||||||
GEA Group AG |
1,746 | 71,183 | ||||||
Hannover Rueck SE |
1,794 | 355,167 | ||||||
Hapag-Lloyd AG(a)(b) |
5,458 | 1,034,529 | ||||||
HeidelbergCement AG |
3,307 | 188,046 | ||||||
Henkel AG & Co. KGaA |
2,011 | 129,311 | ||||||
Hochtief AG |
1,023 | 57,516 | ||||||
Infineon Technologies AG |
4,855 | 147,310 | ||||||
Kloeckner & Co. SE |
5,609 | 55,283 | ||||||
Mercedes-Benz Group AG, Registered Shares |
27,433 | 1,797,660 | ||||||
Merck KGaA |
504 | 97,305 | ||||||
MTU Aero Engines AG |
299 | 64,524 | ||||||
Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares |
1,695 | 549,932 | ||||||
Puma SE |
1,626 | 98,394 | ||||||
Rheinmetall AG |
310 | 61,554 | ||||||
RWE AG |
5,130 | 227,705 | ||||||
SAP SE |
7,180 | 738,622 | ||||||
Siemens Healthineers AG(b) |
6,095 | 303,973 | ||||||
Siltronic AG |
1,331 | 96,808 | ||||||
Sixt SE |
882 | 80,906 | ||||||
Stroeer SE & Co. KGaA |
1,097 | 50,999 | ||||||
Suedzucker AG |
1,980 | 34,529 | ||||||
Symrise AG |
408 | 44,262 | ||||||
Synlab AG |
2,877 | 34,788 | ||||||
Talanx AG |
5,059 | 239,293 | ||||||
Telefonica Deutschland Holding AG |
76,600 | 188,273 | ||||||
United Internet AG, Registered Shares |
2,809 | 56,630 | ||||||
Vantage Towers AG |
3,466 | 118,741 | ||||||
Varta AG(a) |
1,712 | 41,184 | ||||||
Volkswagen AG |
4,055 | 638,984 | ||||||
Wacker Chemie AG |
1,138 | 145,015 | ||||||
Wacker Neuson SE |
6,040 | 105,331 | ||||||
|
|
|||||||
Total Germany |
|
16,245,816 | ||||||
Hong Kong – 3.5% |
| |||||||
AIA Group Ltd. |
93,800 | 1,043,163 | ||||||
Bank of East Asia Ltd. |
55,949 | 67,813 |
See Notes to Financial Statements.
24 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
December 31, 2022
Investments | Shares | Value | ||||||
Champion REIT(a) |
171,000 | $ | 67,480 | |||||
CLP Holdings Ltd. |
45,500 | 331,998 | ||||||
Dah Sing Banking Group Ltd. |
42,800 | 30,709 | ||||||
Fortune Real Estate Investment Trust |
58,000 | 47,114 | ||||||
Hang Lung Properties Ltd. |
102,000 | 199,427 | ||||||
Hang Seng Bank Ltd. |
20,800 | 345,914 | ||||||
Henderson Land Development Co. Ltd. |
130,000 | 453,879 | ||||||
Hong Kong & China Gas Co. Ltd. |
301,816 | 286,930 | ||||||
Hong Kong Exchanges & Clearing Ltd. |
14,059 | 607,396 | ||||||
Hutchison Port Holdings Trust |
422,100 | 81,887 | ||||||
Hysan Development Co. Ltd. |
19,000 | 61,589 | ||||||
Link REIT |
61,360 | 450,474 | ||||||
MTR Corp. Ltd. |
123,143 | 652,402 | ||||||
New World Development Co. Ltd. |
102,000 | 287,510 | ||||||
PCCW Ltd. |
495,000 | 223,243 | ||||||
Power Assets Holdings Ltd. |
73,500 | 402,581 | ||||||
Singamas Container Holdings Ltd. |
120,000 | 11,224 | ||||||
Sino Land Co. Ltd. |
234,481 | 293,216 | ||||||
Sun Hung Kai Properties Ltd. |
74,500 | 1,019,430 | ||||||
Swire Pacific Ltd., Class A |
13,000 | 114,427 | ||||||
Swire Pacific Ltd., Class B |
57,500 | 78,239 | ||||||
Swire Properties Ltd. |
98,800 | 251,147 | ||||||
Techtronic Industries Co. Ltd. |
13,500 | 150,654 | ||||||
|
|
|||||||
Total Hong Kong |
|
7,559,846 | ||||||
Indonesia – 0.0% |
| |||||||
Nickel Industries Ltd.(a) |
78,536 | 51,661 | ||||||
Ireland – 0.3% |
| |||||||
AIB Group PLC |
16,448 | 63,476 | ||||||
CRH PLC |
8,443 | 333,489 | ||||||
Glanbia PLC |
3,788 | 48,189 | ||||||
Kerry Group PLC, Class A |
298 | 26,792 | ||||||
Kingspan Group PLC |
491 | 26,505 | ||||||
Smurfit Kappa Group PLC |
3,480 | 128,357 | ||||||
|
|
|||||||
Total Ireland |
|
626,808 | ||||||
Israel – 0.9% |
| |||||||
Alony Hetz Properties & Investments Ltd. |
3,747 | 38,017 | ||||||
Amot Investments Ltd. |
11,294 | 66,096 | ||||||
Ashtrom Group Ltd. |
2,510 | 46,729 | ||||||
Azrieli Group Ltd. |
1,193 | 78,981 | ||||||
Bank Hapoalim BM |
12,998 | 116,848 | ||||||
Bank Leumi Le-Israel BM |
38,370 | 318,726 | ||||||
Bezeq The Israeli Telecommunication Corp. Ltd. |
44,486 | 76,465 | ||||||
Big Shopping Centers Ltd.* |
409 | 41,729 | ||||||
Carasso Motors Ltd. |
6,052 | 34,767 | ||||||
Delek Automotive Systems Ltd. |
4,246 | 49,590 | ||||||
Delek Group Ltd.* |
1 | 79 | ||||||
FIBI Holdings Ltd. |
738 | 30,662 | ||||||
First International Bank of Israel Ltd. |
1,398 | 55,072 | ||||||
Gav-Yam Lands Corp. Ltd. |
5,680 | 44,107 | ||||||
Harel Insurance Investments & Financial Services Ltd. |
5,034 | 44,241 | ||||||
ICL Group Ltd. |
50,495 | 364,205 | ||||||
Israel Discount Bank Ltd., Class A |
15,425 | 80,786 | ||||||
Matrix IT Ltd. |
1,655 | 34,540 | ||||||
Mivne Real Estate KD Ltd. |
13,587 | 43,127 | ||||||
Mizrahi Tefahot Bank Ltd. |
4,776 | 154,169 | ||||||
Phoenix Holdings Ltd. |
5,847 | 62,141 | ||||||
Plus500 Ltd. |
2,976 | 64,580 | ||||||
Strauss Group Ltd. |
1,672 | 44,206 | ||||||
|
|
|||||||
Total Israel |
|
1,889,863 | ||||||
Italy – 2.3% |
| |||||||
A2A SpA |
65,889 | 87,548 | ||||||
ACEA SpA |
3,494 | 48,178 | ||||||
Alerion Cleanpower SpA |
787 | 27,046 | ||||||
Anima Holding SpA(b) |
13,770 | 54,993 | ||||||
Assicurazioni Generali SpA |
29,617 | 525,179 | ||||||
Azimut Holding SpA |
4,509 | 100,720 | ||||||
Banca Generali SpA |
2,807 | 96,044 | ||||||
Banca Mediolanum SpA |
13,904 | 115,715 | ||||||
Banca Popolare di Sondrio SpA |
14,143 | 57,056 | ||||||
Banco BPM SpA |
33,597 | 119,545 | ||||||
Brembo SpA |
3,201 | 35,700 | ||||||
Buzzi Unicem SpA |
1,843 | 35,405 | ||||||
Credito Emiliano SpA |
9,938 | 70,320 | ||||||
Cromwell European Real Estate Investment Trust |
33,600 | 53,789 | ||||||
Davide Campari-Milano NV |
4,171 | 42,218 | ||||||
De’ Longhi SpA |
1,618 | 36,228 | ||||||
DiaSorin SpA |
249 | 34,653 | ||||||
Eni SpA |
83,964 | 1,190,566 | ||||||
ERG SpA |
2,502 | 77,331 | ||||||
Esprinet SpA |
1,744 | 12,536 | ||||||
Ferrari NV |
625 | 133,540 | ||||||
FinecoBank Banca Fineco SpA |
6,374 | 105,577 | ||||||
Hera SpA |
17,999 | 48,389 | ||||||
Infrastrutture Wireless Italiane SpA(b) |
10,625 | 106,750 | ||||||
Italgas SpA |
15,621 | 86,525 | ||||||
Leonardo SpA |
4,466 | 38,417 | ||||||
Mediobanca Banca di Credito Finanziario SpA(a) |
23,398 | 224,344 | ||||||
Moncler SpA |
1,534 | 81,039 | ||||||
Piaggio & C. SpA |
12,901 | 38,607 | ||||||
Poste Italiane SpA(b) |
27,709 | 269,878 | ||||||
Prysmian SpA |
1,595 | 59,000 | ||||||
Recordati Industria Chimica e Farmaceutica SpA |
2,196 | 90,818 | ||||||
Snam SpA |
85,176 | 411,523 | ||||||
Terna – Rete Elettrica Nazionale |
35,238 | 259,493 | ||||||
Unieuro SpA(a)(b) |
358 | 4,696 | ||||||
Unipol Gruppo SpA |
15,156 | 73,727 | ||||||
UnipolSai Assicurazioni SpA(a) |
62,281 | 153,012 | ||||||
|
|
|||||||
Total Italy |
|
5,006,105 | ||||||
Japan – 19.5% |
| |||||||
ABC-Mart, Inc. |
700 | 39,630 | ||||||
ADEKA Corp. |
8,500 | 139,407 | ||||||
Advantest Corp. |
1,200 | 77,123 | ||||||
Aeon Co. Ltd. |
3,500 | 73,822 | ||||||
Aeon Mall Co. Ltd. |
5,000 | 64,610 | ||||||
AGC, Inc.(a) |
3,400 | 113,252 |
See Notes to Financial Statements.
WisdomTree Trust | 25 |
Schedule of Investments (unaudited) (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
December 31, 2022
Investments | Shares | Value | ||||||
Aica Kogyo Co. Ltd.(a) |
2,200 | $ | 52,188 | |||||
Air Water, Inc. |
3,000 | 34,901 | ||||||
Aisin Corp. |
3,700 | 98,988 | ||||||
Ajinomoto Co., Inc. |
2,900 | 88,597 | ||||||
Akita Bank Ltd. |
1,500 | 21,748 | ||||||
Alfresa Holdings Corp. |
3,600 | 45,728 | ||||||
Amada Co. Ltd. |
10,200 | 79,933 | ||||||
Aozora Bank Ltd.(a) |
4,000 | 78,669 | ||||||
Asahi Group Holdings Ltd.(a) |
3,700 | 115,505 | ||||||
Asahi Kasei Corp. |
5,700 | 40,668 | ||||||
Astellas Pharma, Inc. |
16,600 | 252,438 | ||||||
Autobacs Seven Co. Ltd. |
12,200 | 133,516 | ||||||
Azbil Corp. |
1,000 | 25,200 | ||||||
Bandai Namco Holdings, Inc. |
2,200 | 138,624 | ||||||
BayCurrent Consulting, Inc. |
1,000 | 31,187 | ||||||
Bridgestone Corp.(a) |
6,200 | 220,427 | ||||||
Brother Industries Ltd. |
2,700 | 41,069 | ||||||
Canon Marketing Japan, Inc.(a) |
3,800 | 86,083 | ||||||
Canon, Inc.(a) |
14,500 | 313,803 | ||||||
Capcom Co. Ltd. |
1,200 | 38,289 | ||||||
Casio Computer Co. Ltd.(a) |
4,100 | 41,732 | ||||||
Central Japan Railway Co. |
600 | 73,690 | ||||||
Chiba Bank Ltd.(a) |
11,500 | 83,846 | ||||||
Chubu Electric Power Co., Inc. |
4,900 | 50,580 | ||||||
Chugai Pharmaceutical Co. Ltd.(a) |
19,000 | 484,990 | ||||||
Coca-Cola Bottlers Japan Holdings, Inc.(a) |
5,300 | 57,722 | ||||||
COMSYS Holdings Corp. |
3,300 | 57,899 | ||||||
Concordia Financial Group Ltd. |
20,300 | 84,619 | ||||||
Cosmo Energy Holdings Co. Ltd. |
2,400 | 63,481 | ||||||
Dai Nippon Printing Co. Ltd. |
2,400 | 48,202 | ||||||
Dai-ichi Life Holdings, Inc. |
12,500 | 283,641 | ||||||
Daicel Corp. |
6,100 | 44,151 | ||||||
Daifuku Co. Ltd. |
700 | 32,786 | ||||||
Daiichi Sankyo Co. Ltd. |
3,400 | 109,515 | ||||||
Daikin Industries Ltd. |
900 | 137,785 | ||||||
Daito Trust Construction Co. Ltd. |
1,200 | 123,142 | ||||||
Daiwa House Industry Co. Ltd. |
5,700 | 131,284 | ||||||
Daiwa Securities Group, Inc. |
26,000 | 114,881 | ||||||
Denka Co. Ltd. |
1,600 | 36,682 | ||||||
Denso Corp. |
5,500 | 272,447 | ||||||
Dentsu Group, Inc.(a) |
2,600 | 81,678 | ||||||
DIC Corp.(a) |
3,100 | 54,649 | ||||||
Disco Corp. |
400 | 114,442 | ||||||
Doshisha Co. Ltd. |
12,900 | 158,677 | ||||||
Earth Corp. |
3,100 | 118,883 | ||||||
East Japan Railway Co.(a) |
1,500 | 85,490 | ||||||
Ebara Corp. |
1,300 | 46,504 | ||||||
Ehime Bank Ltd. |
3,400 | 23,604 | ||||||
Eisai Co. Ltd. |
1,600 | 105,547 | ||||||
Electric Power Development Co. Ltd. |
2,700 | 42,891 | ||||||
ENEOS Holdings, Inc. |
69,000 | 234,279 | ||||||
Exedy Corp. |
12,100 | 148,195 | ||||||
EXEO Group, Inc.(a) |
3,800 | 64,742 | ||||||
FANUC Corp. |
1,300 | 195,426 | ||||||
Fast Retailing Co. Ltd. |
200 | 122,066 | ||||||
FIDEA Holdings Co. Ltd. |
3,300 | 36,140 | ||||||
FUJIFILM Holdings Corp. |
2,400 | 120,505 | ||||||
Fujimi, Inc. |
800 | 37,895 | ||||||
Fujitsu Ltd. |
700 | 93,452 | ||||||
Fukuoka Financial Group, Inc. |
3,200 | 72,879 | ||||||
Gunma Bank Ltd. |
12,100 | 46,219 | ||||||
Hachijuni Bank Ltd. |
15,800 | 65,741 | ||||||
Hakudo Co. Ltd. |
900 | 16,814 | ||||||
Hakuhodo DY Holdings, Inc. |
4,100 | 41,328 | ||||||
Hamamatsu Photonics KK |
900 | 43,109 | ||||||
Hankyu Hanshin Holdings, Inc. |
1,800 | 53,477 | ||||||
Haseko Corp. |
4,700 | 52,470 | ||||||
Hazama Ando Corp. |
4,200 | 26,770 | ||||||
Heiwa Corp. |
9,500 | 178,919 | ||||||
Hirogin Holdings, Inc. |
32,300 | 161,812 | ||||||
Hirose Electric Co. Ltd. |
500 |