WisdomTree Trust
Semi-Annual Report
September 30, 2022
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
WisdomTree Emerging Markets High Dividend Fund (DEM)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
WisdomTree Global High Dividend Fund (DEW)
WisdomTree Growth Leaders Fund (PLAT)
WisdomTree India Earnings Fund (EPI)
WisdomTree India ex-State-Owned Enterprises Fund (IXSE)
WisdomTree New Economy Real Estate Fund (WTRE)
(formerly, WisdomTree Global ex-U.S. Real Estate Fund (DRW))
Information about Performance and Shareholder Expense Examples (unaudited) |
1 | |||
Performance Summary (unaudited) | 2 | |||
Description of Terms and Indexes (unaudited) | 14 | |||
Schedules of Investments (unaudited) |
| |||
17 | ||||
22 | ||||
31 | ||||
38 | ||||
43 | ||||
48 | ||||
60 | ||||
65 | ||||
74 | ||||
76 | ||||
83 | ||||
86 | ||||
88 | ||||
91 | ||||
94 | ||||
98 | ||||
104 | ||||
Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) |
118 | |||
121 |
“WisdomTree” is a registered mark of WisdomTree, 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.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and an index is not available for direct investment. In comparison, the Funds’ performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or taxes that a shareholder would pay on Fund distributions. Past performance is no guarantee of future results.
Shareholder Expense Examples
Each Fund’s performance table is accompanied by a shareholder expense example. As a shareholder of a WisdomTree Fund, you incur two types of cost: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The examples are intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.
The examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2022 to September 30, 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 183/365 (to reflect the one-half year period). The annualized expense ratio does not include acquired fund fees and expenses (“AFFEs”), which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies.
Actual expenses
The first line in the shareholder expense example table shown on the following pages provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period” to estimate the expenses you paid on your account during the period.
Hypothetical example for comparison purposes
The second line in the shareholder expense example table shown on the following pages provides information about hypothetical account values and hypothetical expenses based on the Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
WisdomTree Trust | 1 |
as of September 30, 2022 (unaudited)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
Sector Breakdown†
Sector | % of Net Assets | |||
Consumer Discretionary |
34.7% | |||
Communication Services |
16.3% | |||
Health Care |
10.1% | |||
Information Technology |
9.9% | |||
Industrials |
8.9% | |||
Financials |
6.6% | |||
Consumer Staples |
6.0% | |||
Materials |
4.3% | |||
Real Estate |
2.0% | |||
Utilities |
0.7% | |||
Energy |
0.4% | |||
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 | |||
Tencent Holdings Ltd. |
10.5 | % | ||
Alibaba Group Holding Ltd. |
8.8 | % | ||
Meituan, Class B |
5.0 | % | ||
JD.com, Inc., Class A |
3.4 | % | ||
Contemporary Amperex Technology Co. Ltd., Class A |
2.9 | % | ||
Pinduoduo, Inc., ADR |
2.1 | % | ||
Ping An Insurance Group Co. of China Ltd., Class A |
2.0 | % | ||
Baidu, Inc., Class A |
2.0 | % | ||
Ping An Insurance Group Co. of China Ltd., Class H |
1.8 | % | ||
Wuxi Biologics Cayman, Inc. |
1.6 | % |
* |
The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree China ex-State-Owned Enterprises Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree China ex-State-Owned Enterprises Index (the “Index”). In seeking to track the Index, the Fund invests in Chinese companies that are not state-owned enterprises (“SOEs”), which is defined as government ownership of greater than 20%. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
Shareholder Expense Example (for the six-month period ended September 30, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 782.50 | 0.32 | % | $ | 1.43 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.46 | 0.32 | % | $ | 1.62 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
-21.75 | % | -39.82 | % | -3.01 | % | -3.10 | % | 3.95 | % | ||||||||||
Fund Market Price Returns |
-20.58 | % | -40.22 | % | -3.04 | % | -3.38 | % | 3.94 | % | ||||||||||
WisdomTree China Dividend ex-Financials/China ex-State-Owned Enterprises Spliced Index1 |
-21.54 | % | -39.53 | % | -2.74 | % | -3.32 | % | 4.25 | % | ||||||||||
MSCI China Index |
-19.85 | % | -35.40 | % | -7.18 | % | -5.56 | % | 2.37 | % | ||||||||||
FTSE China 50 Index |
-20.35 | % | -31.82 | % | -11.00 | % | -7.11 | % | 0.12 | % |
* |
Returns of less than one year are cumulative. |
1 |
WisdomTree China Dividend ex-Financials Index through June 30, 2015; WisdomTree China ex-State-Owned Enterprises Index thereafter. |
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 September 30, 2022 (unaudited)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
21.9% | |||
Consumer Discretionary |
17.2% | |||
Financials |
16.6% | |||
Communication Services |
9.6% | |||
Materials |
7.7% | |||
Consumer Staples |
7.5% | |||
Health Care |
6.5% | |||
Industrials |
6.4% | |||
Energy |
3.6% | |||
Utilities |
1.9% | |||
Real Estate |
1.3% | |||
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 | |||
Taiwan Semiconductor Manufacturing Co. Ltd. |
5.6% | |||
Samsung Electronics Co. Ltd. |
4.1% | |||
Tencent Holdings Ltd. |
4.0% | |||
Alibaba Group Holding Ltd. |
2.8% | |||
Reliance Industries Ltd., GDR |
2.3% | |||
Meituan, Class B |
1.6% | |||
ICICI Bank Ltd., ADR |
1.4% | |||
Housing Development Finance Corp. Ltd. |
1.3% | |||
Infosys Ltd., ADR |
1.3% | |||
JD.com, Inc., Class A |
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 ex-State-Owned Enterprises Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets ex-State-Owned Enterprises Index (the “Index”). In seeking to track the Index, the Fund invests in emerging market companies that are not state-owned enterprises, which is defined as government ownership of more than 20%. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
Shareholder Expense Example (for the six-month period ended September 30, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 768.80 | 0.32 | % | $ | 1.42 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.46 | 0.32 | % | $ | 1.62 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | Since Inception1 | ||||||||||||||||
Fund NAV Returns |
-23.12 | % | -32.10 | % | -1.63 | % | -1.55 | % | 1.99 | % | ||||||||||
Fund Market Price Returns |
-23.00 | % | -32.45 | % | -2.07 | % | -1.85 | % | 1.95 | % | ||||||||||
WisdomTree Emerging Markets ex-State-Owned Enterprises Index |
-23.20 | % | -31.72 | % | -0.99 | % | -1.04 | % | 2.89 | % | ||||||||||
MSCI Emerging Markets Index |
-21.70 | % | -28.11 | % | -2.07 | % | -1.81 | % | 1.26 | % |
* |
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 December 10, 2014. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
WisdomTree Trust | 3 |
Performance Summary
as of September 30, 2022 (unaudited)
WisdomTree Emerging Markets High Dividend Fund (DEM)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
24.9% | |||
Materials |
21.1% | |||
Energy |
13.2% | |||
Information Technology |
11.4% | |||
Consumer Staples |
6.9% | |||
Utilities |
5.4% | |||
Industrials |
5.0% | |||
Communication Services |
4.6% | |||
Real Estate |
4.4% | |||
Consumer Discretionary |
2.0% | |||
Health Care |
0.3% | |||
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 | |||
Vale SA |
9.6% | |||
Petroleo Brasileiro SA |
4.6% | |||
China Construction Bank Corp., Class H |
3.6% | |||
Hon Hai Precision Industry Co. Ltd. |
2.6% | |||
Industrial & Commercial Bank of China Ltd., Class H |
2.2% | |||
Bank of China Ltd., Class H |
2.1% | |||
Grupo Mexico SAB de CV, Series B |
1.6% | |||
China Shenhua Energy Co. Ltd., Class H |
1.5% | |||
Telkom Indonesia Persero Tbk PT |
1.5% | |||
ITC Ltd. |
1.4% |
* |
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 High Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets High Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in high-dividend-yielding companies in the emerging markets region. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
Shareholder Expense Example (for the six-month period ended September 30, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Net Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 797.90 | 0.63 | % | $ | 2.84 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,021.91 | 0.63 | % | $ | 3.19 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
-20.21 | % | -18.33 | % | -1.47 | % | 0.24 | % | -0.09 | % | ||||||||||
Fund Market Price Returns |
-20.59 | % | -18.33 | % | -1.64 | % | -0.04 | % | -0.15 | % | ||||||||||
WisdomTree Emerging Markets High Dividend Index |
-20.74 | % | -17.59 | % | -0.49 | % | 1.07 | % | 0.82 | % | ||||||||||
MSCI Emerging Markets Index |
-21.70 | % | -28.11 | % | -2.07 | % | -1.81 | % | 1.05 | % | ||||||||||
MSCI Emerging Markets Value Index |
-20.60 | % | -23.63 | % | -2.57 | % | -2.13 | % | -0.41 | % |
* |
Returns of less than one year are cumulative. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
4 | WisdomTree Trust |
Performance Summary
as of September 30, 2022 (unaudited)
WisdomTree Emerging Markets Multifactor Fund (EMMF)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
16.9% | |||
Information Technology |
13.9% | |||
Consumer Staples |
11.6% | |||
Industrials |
10.6% | |||
Consumer Discretionary |
8.9% | |||
Communication Services |
8.8% | |||
Energy |
7.9% | |||
Materials |
7.7% | |||
Health Care |
6.9% | |||
Utilities |
5.6% | |||
Real Estate |
0.4% | |||
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 | |||
Taiwan Semiconductor Manufacturing Co. Ltd. |
2.7% | |||
Hengan International Group Co. Ltd. |
1.3% | |||
Tingyi Cayman Islands Holding Corp. |
1.2% | |||
Want Want China Holdings Ltd. |
1.1% | |||
Tencent Holdings Ltd. |
1.0% | |||
Daqo New Energy Corp., ADR |
1.0% | |||
Vipshop Holdings Ltd., ADR |
1.0% | |||
Kingboard Holdings Ltd. |
0.9% | |||
Mahindra & Mahindra Ltd. |
0.9% | |||
Bajaj Auto Ltd. |
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 Multifactor Fund (the “Fund”) seeks capital appreciation by investing in equity securities of emerging markets countries with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation.
Shareholder Expense Example (for the six-month period ended September 30, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 848.10 | 0.48 | % | $ | 2.22 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.66 | 0.48 | % | $ | 2.43 |
Performance
Average Annual Total Return | ||||||||||||||||
6-Month* | 1 Year | 3 Year | Since Inception1 | |||||||||||||
Fund NAV Returns |
-15.19 | % | -20.27 | % | -0.82 | % | -2.87 | % | ||||||||
Fund Market Price Returns |
-14.94 | % | -20.32 | % | -0.93 | % | -2.94 | % | ||||||||
MSCI Emerging Markets Index |
-21.70 | % | -28.11 | % | -2.07 | % | -2.23 | % |
* |
Returns of less than one year are cumulative. |
1 |
Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on August 10, 2018. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
WisdomTree Trust | 5 |
Performance Summary
as of September 30, 2022 (unaudited)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
24.1% | |||
Materials |
14.7% | |||
Consumer Staples |
13.0% | |||
Consumer Discretionary |
8.7% | |||
Communication Services |
7.7% | |||
Industrials |
7.3% | |||
Health Care |
7.0% | |||
Financials |
6.1% | |||
Energy |
5.7% | |||
Utilities |
4.3% | |||
Real Estate |
1.6% | |||
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 | |||
Taiwan Semiconductor Manufacturing Co. Ltd. |
5.3% | |||
Tencent Holdings Ltd. |
4.2% | |||
Samsung Electronics Co. Ltd. |
3.2% | |||
Infosys Ltd. |
1.4% | |||
Vale SA |
1.1% | |||
Tata Consultancy Services Ltd. |
1.0% | |||
Cipla Ltd. |
1.0% | |||
JSW Steel Ltd. |
1.0% | |||
Grupo Bimbo SAB de CV, Series A |
0.9% | |||
Bajaj Finance Ltd. |
0.9% |
* |
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 Emerging Markets Quality Dividend Growth Fund (the “Fund”) seeks income and capital appreciation by investing in dividend-paying companies with growth characteristics in the emerging markets region.
Shareholder Expense Example (for the six-month period ended September 30, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 758.00 | 0.32 | % | $ | 1.41 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,023.46 | 0.32 | % | $ | 1.62 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | Since Inception1 | ||||||||||||||||
Fund NAV Returns |
-24.20 | % | -28.28 | % | -3.65 | % | -2.74 | % | -0.24 | % | ||||||||||
Fund Market Price Returns |
-23.41 | % | -28.30 | % | -3.53 | % | -2.86 | % | -0.46 | % | ||||||||||
MSCI Emerging Markets Index |
-21.70 | % | -28.11 | % | -2.07 | % | -1.81 | % | 1.46 | % |
* |
Returns of less than one year are cumulative. |
1 |
Total returns are calculated based on the commencement of Fund trading on the NASDAQ on August 1, 2013. |
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 September 30, 2022 (unaudited)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
16.3% | |||
Financials |
15.1% | |||
Industrials |
13.8% | |||
Materials |
13.1% | |||
Consumer Discretionary |
10.0% | |||
Consumer Staples |
9.0% | |||
Real Estate |
7.7% | |||
Utilities |
6.4% | |||
Health Care |
2.9% | |||
Communication Services |
2.8% | |||
Energy |
2.0% | |||
Investment Company |
0.1% | |||
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 | |||
Transmissora Alianca de Energia Eletrica SA |
1.8% | |||
African Rainbow Minerals Ltd. |
1.0% | |||
Banco del Bajio SA |
0.9% | |||
Royal Bafokeng Platinum Ltd. |
0.9% | |||
Synnex Technology International Corp. |
0.9% | |||
Cyrela Brazil Realty SA Empreendimentos e Participacoes |
0.8% | |||
Chicony Electronics Co. Ltd. |
0.7% | |||
Truworths International Ltd. |
0.7% | |||
SPAR Group Ltd. |
0.7% | |||
AVI Ltd. |
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 Emerging Markets SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the emerging markets region. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
Shareholder Expense Example (for the six-month period ended September 30, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Net Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 782.90 | 0.58 | % | $ | 2.59 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
-21.71 | % | -20.90 | % | 1.19 | % | 0.28 | % | 2.32 | % | ||||||||||
Fund Market Price Returns |
-21.93 | % | -21.12 | % | 1.01 | % | 0.11 | % | 2.30 | % | ||||||||||
WisdomTree Emerging Markets SmallCap Dividend Index |
-21.41 | % | -20.40 | % | 2.36 | % | 1.36 | % | 3.35 | % | ||||||||||
MSCI Emerging Markets Small Cap Index |
-20.80 | % | -23.23 | % | 5.54 | % | 1.25 | % | 2.91 | % | ||||||||||
MSCI Emerging Markets Index |
-21.70 | % | -28.11 | % | -2.07 | % | -1.81 | % | 1.05 | % |
* |
Returns of less than one year are cumulative. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
WisdomTree Trust | 7 |
Performance Summary
as of September 30, 2022 (unaudited)
WisdomTree Global ex-U.S. Quality Dividend Growth Fund (DNL)
Sector Breakdown†
Sector | % of Net Assets | |||
Materials |
21.4% | |||
Consumer Discretionary |
19.1% | |||
Information Technology |
17.8% | |||
Health Care |
16.7% | |||
Industrials |
10.5% | |||
Consumer Staples |
3.7% | |||
Communication Services |
3.2% | |||
Financials |
3.0% | |||
Energy |
2.9% | |||
Utilities |
1.1% | |||
Real Estate |
0.1% | |||
Other Assets less Liabilities‡ |
0.5% | |||
Total |
100.0% |
† |
The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
‡ |
Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
Description | % of Net Assets | |||
Novo Nordisk A/S, Class B |
8.2% | |||
BHP Group Ltd. |
6.8% | |||
LVMH Moet Hennessy Louis Vuitton SE |
6.6% | |||
Anglo American PLC |
5.7% | |||
Roche Holding AG, Bearer Shares |
4.5% | |||
Industria de Diseno Textil SA |
3.6% | |||
Taiwan Semiconductor Manufacturing Co. Ltd. |
3.4% | |||
Vale SA |
3.3% | |||
Tokyo Electron Ltd. |
2.6% | |||
ASML Holding NV |
2.4% |
* |
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 Global ex-U.S. Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies with growth characteristics in developed and emerging equity markets, excluding the U.S. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
Shareholder Expense Example (for the six-month period ended September 30, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Net Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 719.60 | 0.42 | % | $ | 1.81 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.96 | 0.42 | % | $ | 2.13 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
-28.04 | % | -28.60 | % | 1.29 | % | 2.25 | % | 3.72 | % | ||||||||||
Fund Market Price Returns |
-28.36 | % | -29.16 | % | 0.92 | % | 1.99 | % | 3.64 | % | ||||||||||
WisdomTree Global ex-U.S. Quality Dividend Growth Index |
-28.39 | % | -28.47 | % | 1.77 | % | 2.84 | % | 4.36 | % | ||||||||||
MSCI AC World ex-USA Growth Index |
-23.61 | % | -30.22 | % | -1.38 | % | 0.18 | % | 3.95 | % | ||||||||||
MSCI AC World ex-USA Index |
-22.27 | % | -25.17 | % | -1.52 | % | -0.81 | % | 3.01 | % |
* |
Returns of less than one year are cumulative. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
8 | WisdomTree Trust |
Performance Summary
as of September 30, 2022 (unaudited)
WisdomTree Global High Dividend Fund (DEW)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
21.8% | |||
Consumer Staples |
13.6% | |||
Health Care |
13.0% | |||
Utilities |
11.3% | |||
Real Estate |
7.8% | |||
Energy |
7.6% | |||
Information Technology |
6.9% | |||
Communication Services |
6.1% | |||
Materials |
5.8% | |||
Industrials |
3.8% | |||
Consumer Discretionary |
1.3% | |||
Investment Company |
0.6% | |||
Other Assets less Liabilities‡ |
0.4% | |||
Total |
100.0% |
† |
The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
‡ |
Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
Description | % of Net Assets | |||
AbbVie, Inc. |
3.0% | |||
Coca-Cola Co. |
2.9% | |||
Philip Morris International, Inc. |
2.6% | |||
Pfizer, Inc. |
2.4% | |||
PepsiCo, Inc. |
2.3% | |||
Verizon Communications, Inc. |
2.0% | |||
Merck & Co., Inc. |
1.8% | |||
Cisco Systems, Inc. |
1.8% | |||
Altria Group, Inc. |
1.4% | |||
Broadcom, Inc. |
1.4% |
* |
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 Global High Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global High Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in high-dividend-yielding companies in the U.S. and in developed and emerging equity markets. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
Shareholder Expense Example (for the six-month period ended September 30, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 826.60 | 0.58 | % | $ | 2.66 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
-17.34 | % | -9.18 | % | 0.29 | % | 1.34 | % | 3.90 | % | ||||||||||
Fund Market Price Returns |
-17.48 | % | -8.91 | % | 0.32 | % | 1.27 | % | 3.86 | % | ||||||||||
WisdomTree Global High Dividend Index |
-17.49 | % | -9.34 | % | 0.02 | % | 1.07 | % | 3.82 | % | ||||||||||
MSCI AC World Index |
-21.41 | % | -20.66 | % | 3.75 | % | 4.44 | % | 7.28 | % |
* |
Returns of less than one year are cumulative. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
WisdomTree Trust | 9 |
Performance Summary
as of September 30, 2022 (unaudited)
WisdomTree Growth Leaders Fund (PLAT)
Sector Breakdown†
Sector | % of Net Assets | |||
Information Technology |
35.0% | |||
Consumer Discretionary |
23.4% | |||
Communication Services |
23.0% | |||
Financials |
8.0% | |||
Industrials |
7.1% | |||
Health Care |
1.7% | |||
Real Estate |
1.6% | |||
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 | |||
Apple, Inc. |
10.2% | |||
Microsoft Corp. |
9.4% | |||
Alphabet, Inc., Class A |
8.8% | |||
Amazon.com, Inc. |
8.2% | |||
Visa, Inc., Class A |
3.8% | |||
Meta Platforms, Inc., Class A |
3.6% | |||
MasterCard, Inc., Class A |
2.8% | |||
Salesforce, Inc. |
1.9% | |||
Snowflake, Inc., Class A |
1.9% | |||
PayPal Holdings, Inc. |
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 Growth Leaders Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Growth Leaders Index (the “Index”). In seeking to track the Index, the Fund invests in high growth mid- and large-cap companies that are generating substantial revenue from a modern platform business. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
Shareholder Expense Example (for the six-month period ended September 30, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 677.60 | 0.20 | % | $ | 0.84 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,024.07 | 0.20 | % | $ | 1.01 |
Performance
Average Annual Total Return | ||||||||||||||||
6-Month* | 1 Year | 3 Year | Since Inception1 | |||||||||||||
Fund NAV Returns |
-32.24 | % | -45.29 | % | 0.12 | % | 0.45 | % | ||||||||
Fund Market Price Returns |
-32.38 | % | -45.43 | % | 0.04 | % | 0.43 | % | ||||||||
WisdomTree Growth Leaders Index |
-32.20 | % | -45.27 | % | 0.42 | % | 0.75 | % | ||||||||
MSCI AC World Index |
-21.41 | % | -20.66 | % | 3.75 | % | 4.45 | % | ||||||||
S&P 500® Index |
-20.20 | % | -15.47 | % | 8.16 | % | 8.81 | % |
* |
Returns of less than one year are cumulative. |
1 |
Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 22, 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.
10 | WisdomTree Trust |
Performance Summary
as of September 30, 2022 (unaudited)
WisdomTree India Earnings Fund (EPI)
Sector Breakdown†
Sector | % of Net Assets | |||
Materials |
24.8% | |||
Energy |
17.1% | |||
Financials |
16.4% | |||
Information Technology |
12.6% | |||
Utilities |
7.3% | |||
Consumer Discretionary |
5.9% | |||
Industrials |
5.9% | |||
Consumer Staples |
4.5% | |||
Health Care |
4.3% | |||
Communication Services |
3.2% | |||
Real Estate |
0.5% | |||
Investment Company |
0.0% | * | ||
Other Assets less Liabilities‡ |
-2.5% | |||
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). |
* |
Represents less than 0.1%. |
Top Ten Holdings*
Description | % of Net Assets | |||
Reliance Industries Ltd. |
7.9% | |||
Tata Steel Ltd. |
6.4% | |||
Infosys Ltd. |
5.0% | |||
ICICI Bank Ltd. |
4.7% | |||
Oil & Natural Gas Corp. Ltd. |
3.3% | |||
Axis Bank Ltd. |
2.6% | |||
Tata Consultancy Services Ltd. |
2.5% | |||
Hindalco Industries Ltd. |
2.1% | |||
Power Grid Corp. of India Ltd. |
2.1% | |||
JSW Steel Ltd. |
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 India Earnings Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India Earnings Index (the “Index”). In seeking to track the Index, the Fund invests in profitable companies in the Indian equity market. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
Shareholder Expense Example (for the six-month period ended September 30, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Net Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 904.30 | 0.85 | % | $ | 4.06 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,020.81 | 0.85 | % | $ | 4.31 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
-9.57 | % | -11.80 | % | 12.39 | % | 6.63 | % | 6.70 | % | ||||||||||
Fund Market Price Returns |
-9.97 | % | -12.63 | % | 11.74 | % | 6.23 | % | 6.60 | % | ||||||||||
WisdomTree India Earnings Index |
-9.38 | % | -11.48 | % | 14.66 | % | 8.13 | % | 8.10 | % | ||||||||||
MSCI India Index |
-8.04 | % | -9.94 | % | 11.51 | % | 7.98 | % | 7.27 | % |
* |
Returns of less than one year are cumulative. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
WisdomTree Trust | 11 |
Performance Summary
as of September 30, 2022 (unaudited)
WisdomTree India ex-State-Owned Enterprises Fund (IXSE)
Sector Breakdown†
Sector | % of Net Assets | |||
Financials |
27.7% | |||
Information Technology |
12.2% | |||
Materials |
11.5% | |||
Consumer Discretionary |
11.3% | |||
Energy |
10.3% | |||
Consumer Staples |
9.6% | |||
Health Care |
7.4% | |||
Utilities |
4.1% | |||
Communication Services |
4.1% | |||
Industrials |
3.3% | |||
Real Estate |
0.9% | |||
Other Assets less Liabilities‡ |
-2.4% | |||
Total |
100.0% |
† |
The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
‡ |
Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
Description | % of Net Assets | |||
Reliance Industries Ltd. |
10.3% | |||
Infosys Ltd. |
7.6% | |||
ICICI Bank Ltd. |
6.5% | |||
Housing Development Finance Corp. Ltd. |
6.1% | |||
Hindustan Unilever Ltd. |
3.6% | |||
Kotak Mahindra Bank Ltd. |
3.0% | |||
Bajaj Finance Ltd. |
2.8% | |||
Bharti Airtel Ltd. |
2.8% | |||
Axis Bank Ltd. |
2.4% | |||
Asian Paints Ltd. |
2.2% |
* |
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 India ex-State-Owned Enterprises Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India ex-State-Owned Enterprises Index (the “Index”). In seeking to track the Index, the Fund invests in Indian companies that are not state-owned, which is defined as government ownership greater than 20%. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
Shareholder Expense Example (for the six-month period ended September 30, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 924.10 | 0.58 | % | $ | 2.80 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 |
Performance
Average Annual Total Return | ||||||||||||||||
6-Month* | 1 Year | 3 Year | Since Inception1 | |||||||||||||
Fund NAV Returns |
-7.59 | % | -10.41 | % | 10.26 | % | 8.02 | % | ||||||||
Fund Market Price Returns |
-7.88 | % | -11.14 | % | 9.62 | % | 7.25 | % | ||||||||
WisdomTree India ex-State-Owned Enterprises Index |
-7.10 | % | -10.32 | % | 13.66 | % | 10.95 | % | ||||||||
MSCI India Index |
-8.04 | % | -9.94 | % | 11.51 | % | 8.27 | % |
* |
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 April 4, 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.
12 | WisdomTree Trust |
Performance Summary
as of September 30, 2022 (unaudited)
WisdomTree New Economy Real Estate Fund (WTRE)
(formerly, WisdomTree Global ex-U.S. Real Estate Fund (DRW))
Sector Breakdown†
Sector | % of Net Assets | |||
Real Estate |
82.7% | |||
Communication Services |
9.8% | |||
Consumer Discretionary |
3.4% | |||
Information Technology |
3.4% | |||
Financials |
0.2% | |||
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 | |||
China Tower Corp. Ltd., Class H |
6.6% | |||
SBA Communications Corp. |
5.8% | |||
Iron Mountain, Inc. |
5.3% | |||
Alexandria Real Estate Equities, Inc. |
4.4% | |||
Rexford Industrial Realty, Inc. |
4.2% | |||
Duke Realty Corp. |
4.0% | |||
Equinix, Inc. |
3.7% | |||
Crown Castle International Corp. |
3.6% | |||
American Tower Corp. |
3.5% | |||
Prologis, Inc. |
3.5% |
* |
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 New Economy Real Estate Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the CenterSquare New Economy Real Estate Index (the “Index”).
Shareholder Expense Example (for the six-month period ended September 30, 2022)
Beginning Account Value |
Ending Account Value |
Annualized Expense Ratio |
Expenses Paid During the Period |
|||||||||||||
Actual |
$ | 1,000.00 | $ | 678.90 | 0.58 | % | $ | 2.44 | ||||||||
Hypothetical (5% return before expenses) |
$ | 1,000.00 | $ | 1,022.16 | 0.58 | % | $ | 2.94 |
Performance
Average Annual Total Return | ||||||||||||||||||||
6-Month* | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
Fund NAV Returns |
-32.11 | % | -35.37 | % | -15.43 | % | -8.51 | % | -0.71 | % | ||||||||||
Fund Market Price Returns |
-31.70 | % | -35.66 | % | -15.50 | % | -8.68 | % | -0.73 | % | ||||||||||
WisdomTree Global ex-U.S. Real Estate/CenterSquare New Economy Real Estate Spliced Index1 |
-31.97 | % | -35.51 | % | -15.36 | % | -8.35 | % | -0.53 | % | ||||||||||
Dow Jones Global ex-U.S. Select Real Estate Securities/MSCI World Real Estate Investment Trust USD Spliced Benchmark Index |
-30.90 | % | -31.70 | % | -11.34 | % | -4.83 | % | -0.04 | % | ||||||||||
MSCI AC World ex-USA Index |
-22.27 | % | -25.17 | % | -1.52 | % | -0.81 | % | 3.01 | % |
* |
Returns of less than one year are cumulative. |
1 |
WisdomTree Global ex-U.S. Real Estate Index through April 20, 2022; CenterSquare New Economy Real Estate Index thereafter. |
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 |
Description of Terms and Indexes (unaudited)
Below are descriptions of certain terms and of each Index referenced in this report:
The CenterSquare New Economy Real Estate Index is a weighted index that consists of global stocks of real estate companies that have material direct and/or indirect exposure to technology, sciences and/or ecommerce related business models and meet specific screening requirements that consider factors including growth, valuation and leverage criteria.
Correlation is a statistical measure of how two sets of returns move in relation to each other. Correlation coefficients range from -1 to 1. A correlation of 1 means the two subjects of analysis move in lockstep with each other. A correlation of -1 means the two subjects of analysis have moved in exactly the opposite direction.
The Dow Jones Global ex-U.S. Select Real Estate Securities Index is a float-adjusted market capitalization weighted index that defines and measures the investable universe of publicly traded real estate securities in countries outside the U.S.
Factors generally are attributes that are based on its fundamentals or share price behavior.
The FTSE China 50 Index is a capitalization weighted index that is comprised of the 50 largest and most liquid Chinese securities.
Growth is generally characterized by higher price levels relative to fundamentals, such as dividends or earnings. Price levels are higher because investors are willing to pay more due to their expectations of future improvements in these fundamentals.
Momentum is generally characterized by assets with recent price increase trends over time. This term is also associated with the momentum factor which associates these stock characteristics with excess return vs. the market over time.
The MSCI AC World ex-USA Growth Index is comprised of growth stocks in the developed and emerging markets covered by MSCI, excluding the U.S.
The MSCI AC World ex-USA Index is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the U.S.
The MSCI AC World Index is comprised of the world stock market indexes covered by MSCI.
The MSCI China Index is a free float-adjusted market capitalization weighted index designed to measure the performance of the Chinese equity market.
The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure emerging markets equity performance.
The MSCI Emerging Markets Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of small capitalization equities in the emerging markets.
The MSCI Emerging Markets Value Index captures large and mid cap securities exhibiting overall value style characteristics across 27 Emerging Markets countries.
The MSCI India Index is a free float-adjusted market capitalization index that is designed to measure the performance of the Indian equity market.
The MSCI World Real Estate Investment Trusts Index is a free float-adjusted market capitalization index that captures large and mid cap companies.
Quality is generally characterized by higher efficiency and profitability. Typical measures include earnings, return-on-equity, return on assets, operating profitability as well as others. This term is also related to the quality factor, which associates these stock characteristics with excess returns vs. the market over time.
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.
14 | WisdomTree Trust |
Description of Terms and Indexes (unaudited) (continued)
The WisdomTree China Dividend ex-Financials Index is comprised of Chinese dividend paying stocks outside the Financials sector.
The WisdomTree China ex-State-Owned Enterprises Index measures the performance of Chinese stocks that are not state-owned enterprises. WisdomTree, Inc., as index provider, defines state-owned enterprises as companies with over 20% government ownership.
The WisdomTree Emerging Markets ex-State-Owned Enterprises Index is a modified market capitalization weighted index that consists of common stocks in emerging markets, excluding common stocks of “state-owned enterprises.” WisdomTree, Inc., as index provider, defines state-owned enterprises as companies with over 20% government ownership.
The WisdomTree Emerging Markets High Dividend Index is comprised of the highest dividend-yielding stocks selected from the WisdomTree Emerging Markets Dividend Index.
The WisdomTree Emerging Markets SmallCap Dividend Index is comprised of primarily small-capitalization stocks selected from the WisdomTree Emerging Markets Dividend Index.
The WisdomTree Global ex-U.S. Quality Dividend Growth Index is comprised of growth companies selected from developed and emerging markets outside the U.S.
The WisdomTree Global ex-U.S. Real Estate Index is comprised of companies in developed and emerging markets outside of Canada and the U.S., which WisdomTree classifies as being Global Real Estate securities.
The WisdomTree Global High Dividend Index is comprised of high dividend-paying companies selected from the WisdomTree Global Dividend Index.
The WisdomTree Growth Leaders Index is a modified market capitalization-weighted index that is designed to provide exposure to mid and large-cap companies that are leveraging platform-based business models with high revenue growth.
The WisdomTree India Earnings Index is a fundamentally weighted index that is comprised of companies incorporated and traded in India that are profitable and that are eligible to be purchased by foreign investors as of the index measurement date.
The WisdomTree India ex-State-Owned Enterprises Index measures the performance of Indian stocks that are not state-owned enterprises. State-owned enterprises are defined as government ownership of more than 20% of outstanding shares of companies.
The Dow Jones Global ex-U.S. Select Real Estate Securities Index is calculated, distributed and marketed by Dow Jones Indexes, a licensed trademark of CME Group Index Services LLC, and has been licensed for use.
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
WisdomTree Trust | 15 |
Description of Terms and Indexes (unaudited) (concluded)
have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.
WisdomTree, 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: | ||||||||||
BRL | Brazilian real | HUF | Hungary forint | SEK | Swedish krona | |||||
CAD | Canadian dollar | IDR | Indonesian rupiah | SGD | Singapore dollar | |||||
CLP | Chilean peso | INR | Indian rupee | THB | Thai bhat | |||||
CNH | Offshore Chinese renminbi | JPY | Japanese yen | TRY | Turkish new lira | |||||
CNY | Chinese yuan | KRW | South Korean won | TWD | New Taiwan dollar | |||||
CZK | Czech koruna | MYR | Malaysian ringgit | USD | U.S. Dollar | |||||
GBP | British pound | PHP | Philippine peso | ZAR | South African rand | |||||
HKD | Hong Kong dollar | PLN | Polish zloty | |||||||
OTHER ABBREVIATIONS: | ||||||||||
ADR | American Depositary Receipt | |||||||||
CVA | Certificaten Van Aandelen | |||||||||
GDR | Global Depositary Receipt | |||||||||
NVDR | Non-Voting Depositary Receipt |
16 | WisdomTree Trust |
Schedule of Investments (unaudited)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 99.9% |
| |||||||
China – 99.9% |
| |||||||
Air Freight & Logistics – 1.1% |
| |||||||
SF Holding Co. Ltd., Class A |
692,361 | $ | 4,585,860 | |||||
ZTO Express Cayman, Inc.(a) |
149,282 | 3,580,912 | ||||||
|
|
|||||||
Total Air Freight & Logistics |
|
8,166,772 | ||||||
Auto Components – 0.5% |
| |||||||
Fuyao Glass Industry Group Co. Ltd., Class A |
415,567 | 2,087,409 | ||||||
Fuyao Glass Industry Group Co. Ltd., Class H(b) |
300,900 | 1,215,115 | ||||||
Minth Group Ltd. |
317,200 | 702,294 | ||||||
|
|
|||||||
Total Auto Components |
|
4,004,818 | ||||||
Automobiles – 5.9% |
| |||||||
BYD Co. Ltd., Class A |
240,688 | 8,508,137 | ||||||
BYD Co. Ltd., Class H |
398,400 | 9,866,235 | ||||||
Geely Automobile Holdings Ltd. |
2,327,900 | 3,208,688 | ||||||
Great Wall Motor Co. Ltd., Class A |
299,200 | 1,166,725 | ||||||
Great Wall Motor Co. Ltd., Class H |
1,423,400 | 1,635,571 | ||||||
Li Auto, Inc., ADR* |
249,992 | 5,752,316 | ||||||
NIO, Inc., ADR* |
676,725 | 10,671,953 | ||||||
Niu Technologies, ADR*(a) |
13,003 | 53,312 | ||||||
XPeng, Inc., Class A, ADR*(a) |
237,005 | 2,832,210 | ||||||
Yadea Group Holdings Ltd.(b) |
440,200 | 706,572 | ||||||
|
|
|||||||
Total Automobiles |
|
44,401,719 | ||||||
Banks – 1.2% |
| |||||||
China Minsheng Banking Corp. Ltd., Class A |
8,094,236 | 3,848,911 | ||||||
China Minsheng Banking Corp. Ltd., Class H(a) |
3,014,900 | 864,154 | ||||||
Ping An Bank Co. Ltd., Class A |
2,406,900 | 3,997,348 | ||||||
|
|
|||||||
Total Banks |
|
8,710,413 | ||||||
Beverages – 0.8% |
| |||||||
JiuGui Liquor Co. Ltd., Class A |
69,500 | 1,224,925 | ||||||
Nongfu Spring Co. Ltd., Class H(a)(b) |
887,300 | 5,148,666 | ||||||
|
|
|||||||
Total Beverages |
|
6,373,591 | ||||||
Biotechnology – 2.1% |
| |||||||
Akeso, Inc.*(a)(b) |
208,600 | 576,647 | ||||||
BeiGene Ltd.* |
416,700 | 4,302,416 | ||||||
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A |
56,885 | 912,822 | ||||||
Chongqing Zhifei Biological Products Co. Ltd., Class A |
250,500 | 3,036,928 | ||||||
I-Mab, ADR*(a) |
18,270 | 73,263 | ||||||
InnoCare Pharma Ltd.*(a)(b) |
317,300 | 321,750 | ||||||
Innovent Biologics, Inc.*(b) |
535,200 | 1,666,982 | ||||||
Remegen Co. Ltd., Class H*(a)(b) |
65,000 | 315,068 | ||||||
Shenzhen Kangtai Biological Products Co. Ltd., Class A |
178,920 | 760,689 | ||||||
Walvax Biotechnology Co. Ltd., Class A |
544,900 | 2,835,652 | ||||||
Zai Lab Ltd.*(a) |
389,430 | 1,359,301 | ||||||
|
|
|||||||
Total Biotechnology |
|
16,161,518 | ||||||
Building Products – 0.3% |
| |||||||
China Lesso Group Holdings Ltd. |
494,300 | 460,303 | ||||||
Xinyi Glass Holdings Ltd. |
1,377,000 | 2,003,254 | ||||||
|
|
|||||||
Total Building Products |
|
2,463,557 | ||||||
Capital Markets – 1.3% |
| |||||||
East Money Information Co. Ltd., Class A |
3,336,136 | 8,245,403 | ||||||
Futu Holdings Ltd., ADR*(a) |
34,057 | 1,269,986 | ||||||
|
|
|||||||
Total Capital Markets |
|
9,515,389 | ||||||
Chemicals – 2.2% |
| |||||||
Dongyue Group Ltd. |
934,900 | 932,530 | ||||||
Guangzhou Tinci Materials Technology Co. Ltd., Class A |
441,700 | 2,729,821 | ||||||
Hengli Petrochemical Co. Ltd., Class A |
586,700 | 1,392,447 | ||||||
Jiangsu Eastern Shenghong Co. Ltd., Class A |
556,700 | 1,360,291 | ||||||
LB Group Co. Ltd., Class A |
391,500 | 864,917 | ||||||
Rongsheng Petrochemical Co. Ltd., Class A |
972,200 | 1,885,993 | ||||||
Shanghai Putailai New Energy Technology Co. Ltd., Class A |
197,600 | 1,546,619 | ||||||
Shenzhen Capchem Technology Co. Ltd., Class A |
167,460 | 983,739 | ||||||
Sichuan Yahua Industrial Group Co. Ltd., Class A |
355,500 | 1,267,586 | ||||||
Suzhou TA&A Ultra Clean Technology Co. Ltd., Class A |
120,300 | 1,118,265 | ||||||
Tongkun Group Co. Ltd., Class A |
548,800 | 1,039,226 | ||||||
Zhejiang Longsheng Group Co. Ltd., Class A |
714,700 | 903,256 | ||||||
Zhejiang Yongtai Technology Co. Ltd., Class A |
204,900 | 659,897 | ||||||
|
|
|||||||
Total Chemicals |
|
16,684,587 | ||||||
Commercial Services & Supplies – 0.0% |
| |||||||
China Conch Environment Protection Holdings Ltd.* |
664,663 | 340,380 | ||||||
Communications Equipment – 0.1% |
| |||||||
BYD Electronic International Co. Ltd.(a) |
369,700 | 892,943 | ||||||
Construction & Engineering – 0.2% |
| |||||||
China Conch Venture Holdings Ltd. |
723,163 | 1,153,391 | ||||||
Construction Materials – 0.4% |
| |||||||
Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A |
438,300 | 1,621,227 | ||||||
China Jushi Co. Ltd., Class A |
715,000 | 1,321,855 | ||||||
|
|
|||||||
Total Construction Materials |
|
2,943,082 | ||||||
Consumer Finance – 0.2% |
| |||||||
360 DigiTech, Inc., ADR |
59,768 | 766,226 | ||||||
Lufax Holding Ltd., ADR |
313,596 | 796,534 | ||||||
|
|
|||||||
Total Consumer Finance |
|
1,562,760 | ||||||
Diversified Consumer Services – 0.4% |
| |||||||
Fu Shou Yuan International Group Ltd. |
790,700 | 436,150 | ||||||
New Oriental Education & Technology Group, Inc.*(a) |
589,063 | 1,493,312 | ||||||
TAL Education Group, ADR* |
201,951 | 997,638 | ||||||
|
|
|||||||
Total Diversified Consumer Services |
|
2,927,100 | ||||||
Electrical Equipment – 5.0% |
| |||||||
Contemporary Amperex Technology Co. Ltd., Class A |
394,959 | 22,209,536 | ||||||
Gotion High-tech Co. Ltd., Class A |
310,900 | 1,331,404 | ||||||
Ming Yang Smart Energy Group Ltd., Class A |
543,800 | 1,840,597 | ||||||
Sungrow Power Supply Co. Ltd., Class A |
318,300 | 4,938,926 | ||||||
TBEA Co. Ltd., Class A |
1,082,800 | 3,291,315 |
See Notes to Financial Statements.
WisdomTree Trust | 17 |
Schedule of Investments (unaudited) (continued)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2022
Investments | Shares | Value | ||||||
Xinjiang Goldwind Science & Technology Co. Ltd., Class A |
892,115 | $ | 1,419,045 | |||||
Xinjiang Goldwind Science & Technology Co. Ltd., Class H |
411,000 | 476,975 | ||||||
Zhejiang Chint Electrics Co. Ltd., Class A |
380,400 | 1,428,938 | ||||||
Zhuzhou CRRC Times Electric Co. Ltd. |
284,100 | 1,194,321 | ||||||
|
|
|||||||
Total Electrical Equipment |
|
38,131,057 | ||||||
Electronic Equipment, Instruments & Components – 3.4% |
| |||||||
AAC Technologies Holdings, Inc.*(a) |
400,700 | 626,836 | ||||||
BOE Technology Group Co. Ltd., Class A |
9,825,000 | 4,506,533 | ||||||
Chaozhou Three-Circle Group Co. Ltd., Class A |
381,700 | 1,394,201 | ||||||
Foxconn Industrial Internet Co. Ltd., Class A |
1,421,300 | 1,698,586 | ||||||
GoerTek, Inc., Class A |
767,100 | 2,851,413 | ||||||
Hollysys Automation Technologies Ltd. |
27,670 | 473,157 | ||||||
Kingboard Holdings Ltd. |
309,300 | 874,719 | ||||||
Lens Technology Co. Ltd., Class A |
580,500 | 751,564 | ||||||
Luxshare Precision Industry Co. Ltd., Class A |
1,290,476 | 5,321,812 | ||||||
Maxscend Microelectronics Co. Ltd., Class A |
122,700 | 1,521,627 | ||||||
Sunny Optical Technology Group Co. Ltd. |
362,800 | 3,473,219 | ||||||
Wingtech Technology Co. Ltd., Class A |
209,200 | 1,398,843 | ||||||
Zhejiang Dahua Technology Co. Ltd., Class A |
530,700 | 956,565 | ||||||
|
|
|||||||
Total Electronic Equipment, Instruments & Components |
|
25,849,075 | ||||||
Energy Equipment & Services – 0.0% |
| |||||||
China Common Rich Renewable Energy Investments Ltd.*†(a) |
502,000 | 0 | ||||||
Entertainment – 2.3% |
| |||||||
Alibaba Pictures Group Ltd.* |
5,688,300 | 293,477 | ||||||
Bilibili, Inc., Class Z* |
99,685 | 1,518,787 | ||||||
iQIYI, Inc., ADR*(a) |
140,368 | 380,397 | ||||||
Kingsoft Corp. Ltd. |
451,400 | 1,201,832 | ||||||
NetEase, Inc. |
777,115 | 11,731,121 | ||||||
Tencent Music Entertainment Group, ADR* |
277,661 | 1,127,304 | ||||||
XD, Inc.*(a) |
105,700 | 215,442 | ||||||
Zhejiang Century Huatong Group Co. Ltd., Class A* |
1,632,900 | 854,340 | ||||||
|
|
|||||||
Total Entertainment |
|
17,322,700 | ||||||
Food Products – 4.9% |
| |||||||
China Feihe Ltd.(b) |
1,506,100 | 1,055,243 | ||||||
Dali Foods Group Co. Ltd.(b) |
1,057,700 | 455,423 | ||||||
Foshan Haitian Flavouring & Food Co. Ltd., Class A |
435,956 | 5,064,541 | ||||||
Guangdong Haid Group Co. Ltd., Class A |
232,503 | 1,965,912 | ||||||
Inner Mongolia Yili Industrial Group Co. Ltd., Class A |
1,628,600 | 7,534,030 | ||||||
Muyuan Foods Co. Ltd., Class A |
702,674 | 5,373,682 | ||||||
Tingyi Cayman Islands Holding Corp. |
901,000 | 1,554,101 | ||||||
Tongwei Co. Ltd., Class A |
742,158 | 4,888,625 | ||||||
Uni-President China Holdings Ltd. |
600,000 | 503,701 | ||||||
Want Want China Holdings Ltd. |
2,436,100 | 1,592,019 | ||||||
Wens Foodstuffs Group Co. Ltd., Class A* |
1,554,500 | 4,472,173 | ||||||
WH Group Ltd.(b) |
4,076,183 | 2,570,365 | ||||||
Yihai International Holding Ltd.* |
182,300 | 385,506 | ||||||
|
|
|||||||
Total Food Products |
|
37,415,321 | ||||||
Gas Utilities – 0.7% |
| |||||||
ENN Energy Holdings Ltd. |
401,200 | 5,366,438 | ||||||
Health Care Equipment & Supplies – 1.7% |
| |||||||
Lepu Medical Technology Beijing Co. Ltd., Class A |
362,100 | 1,073,224 | ||||||
Lifetech Scientific Corp.* |
1,492,100 | 496,106 | ||||||
Microport Scientific Corp.*(a) |
371,900 | 640,529 | ||||||
Ovctek China, Inc., Class A |
132,500 | 767,588 | ||||||
Peijia Medical Ltd.*(b) |
149,700 | 117,854 | ||||||
Shandong Weigao Group Medical Polymer Co. Ltd., Class H |
1,180,000 | 1,587,383 | ||||||
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A |
185,074 | 7,762,093 | ||||||
Venus MedTech Hangzhou, Inc., Class H*(a)(b) |
97,400 | 113,904 | ||||||
|
|
|||||||
Total Health Care Equipment & Supplies |
|
12,558,681 | ||||||
Health Care Providers & Services – 0.9% |
| |||||||
Aier Eye Hospital Group Co. Ltd., Class A |
936,592 | 3,766,521 | ||||||
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A |
96,403 | 857,048 | ||||||
Hygeia Healthcare Holdings Co. Ltd.*(a)(b) |
139,100 | 785,881 | ||||||
Jinxin Fertility Group Ltd.(b) |
645,600 | 316,636 | ||||||
Topchoice Medical Corp., Class A* |
64,800 | 1,163,448 | ||||||
|
|
|||||||
Total Health Care Providers & Services |
|
6,889,534 | ||||||
Health Care Technology – 0.0% |
| |||||||
Yidu Tech, Inc.*(a)(b) |
216,300 | 132,813 | ||||||
Hotels, Restaurants & Leisure – 2.7% |
| |||||||
H World Group Ltd. |
627,870 | 2,187,575 | ||||||
Haidilao International Holding Ltd.*(a)(b) |
581,000 | 1,139,811 | ||||||
Jiumaojiu International Holdings Ltd.(a)(b) |
350,700 | 575,423 | ||||||
Tongcheng Travel Holdings Ltd.* |
498,000 | 976,981 | ||||||
Trip.com Group Ltd.* |
232,377 | 6,240,216 | ||||||
Yum China Holdings, Inc. |
204,256 | 9,667,436 | ||||||
|
|
|||||||
Total Hotels, Restaurants & Leisure |
|
20,787,442 | ||||||
Household Durables – 2.0% |
| |||||||
Gree Electric Appliances, Inc. of Zhuhai, Class A |
1,296,800 | 5,899,052 | ||||||
Haier Smart Home Co. Ltd., Class A |
1,185,800 | 4,120,023 | ||||||
Haier Smart Home Co. Ltd., Class H |
1,143,100 | 3,502,153 | ||||||
TCL Technology Group Corp., Class A |
3,553,800 | 1,809,514 | ||||||
|
|
|||||||
Total Household Durables |
|
15,330,742 | ||||||
Household Products – 0.1% |
| |||||||
Blue Moon Group Holdings Ltd.(a)(b) |
617,300 | 435,654 | ||||||
Independent Power & Renewable Electricity Producers – 0.0% |
| |||||||
Xinyi Energy Holdings Ltd.(a) |
906,000 | 279,305 | ||||||
Industrial Conglomerates – 0.2% |
| |||||||
China Baoan Group Co. Ltd., Class A |
632,700 | 995,756 | ||||||
Fosun International Ltd. |
1,107,700 | 687,206 | ||||||
|
|
|||||||
Total Industrial Conglomerates |
|
1,682,962 | ||||||
Insurance – 4.0% |
| |||||||
Ping An Insurance Group Co. of China Ltd., Class A |
2,626,194 | 15,316,994 |
See Notes to Financial Statements.
18 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2022
Investments | Shares | Value | ||||||
Ping An Insurance Group Co. of China Ltd., Class H |
2,783,900 | $ | 13,901,945 | |||||
ZhongAn Online P&C Insurance Co. Ltd., Class H*(a)(b) |
302,200 | 677,553 | ||||||
|
|
|||||||
Total Insurance |
|
29,896,492 | ||||||
Interactive Media & Services – 13.6% |
| |||||||
Autohome, Inc., Class A(a) |
100,340 | 722,202 | ||||||
Baidu, Inc., Class A* |
1,034,780 | 15,040,752 | ||||||
Hello Group, Inc., ADR |
54,796 | 253,157 | ||||||
JOYY, Inc., ADR |
22,607 | 587,782 | ||||||
Kuaishou Technology*(b) |
931,000 | 6,042,682 | ||||||
Tencent Holdings Ltd. |
2,352,000 | 79,819,208 | ||||||
Weibo Corp., ADR* |
34,095 | 583,024 | ||||||
|
|
|||||||
Total Interactive Media & Services |
|
103,048,807 | ||||||
Internet & Direct Marketing Retail – 20.0% |
| |||||||
Alibaba Group Holding Ltd.* |
6,701,200 | 66,543,337 | ||||||
Dada Nexus Ltd., ADR* |
35,864 | 169,637 | ||||||
JD Health International, Inc.*(b) |
510,850 | 2,934,984 | ||||||
JD.com, Inc., Class A |
1,030,652 | 26,075,171 | ||||||
Meituan, Class B*(b) |
1,794,300 | 37,852,212 | ||||||
Pinduoduo, Inc., ADR* |
253,117 | 15,840,062 | ||||||
Ping An Healthcare and Technology Co. Ltd.*(a)(b) |
207,200 | 390,650 | ||||||
Vipshop Holdings Ltd., ADR* |
176,294 | 1,482,633 | ||||||
|
|
|||||||
Total Internet & Direct Marketing Retail |
|
151,288,686 | ||||||
IT Services – 0.4% |
| |||||||
Chinasoft International Ltd.* |
1,375,200 | 846,153 | ||||||
Chindata Group Holdings Ltd., ADR*(a) |
56,813 | 459,049 | ||||||
GDS Holdings Ltd., Class A* |
435,800 | 954,886 | ||||||
Kingsoft Cloud Holdings Ltd., ADR*(a) |
52,935 | 105,341 | ||||||
Vnet Group, Inc., ADR*(a) |
61,550 | 338,525 | ||||||
|
|
|||||||
Total IT Services |
|
2,703,954 | ||||||
Life Sciences Tools & Services – 3.5% |
| |||||||
Genscript Biotech Corp.* |
514,400 | 1,124,486 | ||||||
Hangzhou Tigermed Consulting Co. Ltd., Class A |
162,767 | 2,081,748 | ||||||
Hangzhou Tigermed Consulting Co. Ltd., Class H(b) |
62,900 | 510,017 | ||||||
Pharmaron Beijing Co. Ltd., Class A |
213,650 | 1,619,798 | ||||||
Pharmaron Beijing Co. Ltd., Class H(b) |
114,450 | 556,220 | ||||||
WuXi AppTec Co. Ltd., Class A |
676,447 | 6,802,282 | ||||||
WuXi AppTec Co. Ltd., Class H(b) |
204,395 | 1,652,105 | ||||||
Wuxi Biologics Cayman, Inc.*(b) |
2,007,400 | 12,121,270 | ||||||
|
|
|||||||
Total Life Sciences Tools & Services |
|
26,467,926 | ||||||
Machinery – 1.9% |
| |||||||
Haitian International Holdings Ltd. |
318,400 | 605,171 | ||||||
Jiangsu Hengli Hydraulic Co. Ltd., Class A |
120,300 | 764,072 | ||||||
Sany Heavy Equipment International Holdings Co. Ltd. |
489,600 | 477,756 | ||||||
Sany Heavy Industry Co. Ltd., Class A |
1,838,048 | 3,578,562 | ||||||
Shenzhen Inovance Technology Co. Ltd., Class A |
587,400 | 4,738,485 | ||||||
Wuxi Lead Intelligent Equipment Co. Ltd., Class A |
316,200 | 2,098,346 | ||||||
Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A |
505,800 | 1,745,324 | ||||||
|
|
|||||||
Total Machinery |
|
14,007,716 | ||||||
Marine – 0.2% |
| |||||||
SITC International Holdings Co. Ltd. |
725,000 | 1,341,036 | ||||||
Media – 0.4% |
| |||||||
China Literature Ltd.*(a)(b) |
194,000 | 549,880 | ||||||
Focus Media Information Technology Co. Ltd., Class A |
2,957,124 | 2,289,659 | ||||||
|
|
|||||||
Total Media |
|
2,839,539 | ||||||
Metals & Mining – 1.4% |
| |||||||
China Hongqiao Group Ltd. |
998,600 | 826,877 | ||||||
Ganfeng Lithium Co. Ltd., Class A |
350,020 | 3,674,421 | ||||||
Ganfeng Lithium Co. Ltd., Class H(a)(b) |
207,940 | 1,384,077 | ||||||
GEM Co. Ltd., Class A |
1,401,000 | 1,450,296 | ||||||
Zhejiang Huayou Cobalt Co. Ltd., Class A |
370,750 | 3,345,988 | ||||||
|
|
|||||||
Total Metals & Mining |
|
10,681,659 | ||||||
Oil, Gas & Consumable Fuels – 0.4% |
| |||||||
Guanghui Energy Co. Ltd., Class A |
1,453,300 | 2,503,317 | ||||||
United Energy Group Ltd.(a) |
4,529,000 | 519,255 | ||||||
|
|
|||||||
Total Oil, Gas & Consumable Fuels |
|
3,022,572 | ||||||
Paper & Forest Products – 0.3% |
| |||||||
Chengxin Lithium Group Co. Ltd., Class A |
195,600 | 1,282,938 | ||||||
Lee & Man Paper Manufacturing Ltd.(a) |
1,205,300 | 386,929 | ||||||
Nine Dragons Paper Holdings Ltd. |
950,100 | 590,643 | ||||||
|
|
|||||||
Total Paper & Forest Products |
|
2,260,510 | ||||||
Personal Products – 0.2% |
| |||||||
Hengan International Group Co. Ltd. |
296,400 | 1,325,321 | ||||||
Pharmaceuticals – 1.9% |
| |||||||
Asymchem Laboratories Tianjin Co. Ltd., Class A |
72,447 | 1,409,481 | ||||||
CanSino Biologics, Inc., Class H(a)(b) |
54,200 | 307,598 | ||||||
China Medical System Holdings Ltd. |
589,000 | 703,057 | ||||||
Hansoh Pharmaceutical Group Co. Ltd.(b) |
496,100 | 784,922 | ||||||
Jiangsu Hengrui Medicine Co. Ltd., Class A |
1,107,168 | 5,451,084 | ||||||
Kangmei Pharmaceutical Co. Ltd., Class A* |
199,602 | 50,676 | ||||||
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A |
344,304 | 1,427,607 | ||||||
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H(a) |
249,400 | 604,922 | ||||||
Sino Biopharmaceutical Ltd. |
5,225,150 | 2,456,185 | ||||||
Zhejiang NHU Co. Ltd., Class A |
494,860 | 1,540,288 | ||||||
|
|
|||||||
Total Pharmaceuticals |
|
14,735,820 | ||||||
Real Estate Management & Development – 2.0% |
| |||||||
A-Living Smart City Services Co. Ltd.(b) |
261,000 | 206,808 | ||||||
Agile Group Holdings Ltd.*(a) |
781,800 | 183,252 | ||||||
CIFI Ever Sunshine Services Group Ltd.(a) |
386,000 | 143,584 | ||||||
CIFI Holdings Group Co. Ltd.(a) |
2,320,040 | 236,440 | ||||||
Country Garden Holdings Co. Ltd.(a) |
3,931,936 | 911,620 | ||||||
Country Garden Services Holdings Co. Ltd. |
914,300 | 1,346,426 | ||||||
Evergrande Property Services Group Ltd.*†(a)(b) |
1,795,500 | 410,969 | ||||||
Gemdale Corp., Class A |
1,233,500 | 1,988,023 | ||||||
Greentown Service Group Co. Ltd. |
671,800 | 449,299 | ||||||
Guangzhou R&F Properties Co. Ltd., Class H*(a) |
1,014,300 | 171,852 | ||||||
Jinke Smart Services Group Co. Ltd., Class H(a) |
547,400 | 829,827 |
See Notes to Financial Statements.
WisdomTree Trust | 19 |
Schedule of Investments (unaudited) (continued)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2022
Investments | Shares | Value | ||||||
KE Holdings, Inc., ADR* |
288,982 | $ | 5,062,964 | |||||
KWG Group Holdings Ltd.* |
582,900 | 72,028 | ||||||
Longfor Group Holdings Ltd.(b) |
835,700 | 2,400,672 | ||||||
Powerlong Real Estate Holdings Ltd.(a) |
724,300 | 73,815 | ||||||
Seazen Group Ltd.* |
769,000 | 180,252 | ||||||
Shimao Group Holdings Ltd.*†(a) |
561,400 | 160,913 | ||||||
Shimao Services Holdings Ltd.*(a)(b) |
414,400 | 88,160 | ||||||
Sunac China Holdings Ltd.*†(a) |
1,592,600 | 405,763 | ||||||
Sunac Services Holdings Ltd.(a)(b) |
415,719 | 104,328 | ||||||
Zhenro Properties Group Ltd.*(a) |
1,034,800 | 32,956 | ||||||
|
|
|||||||
Total Real Estate Management & Development |
|
15,459,951 | ||||||
Semiconductors & Semiconductor Equipment – 4.2% |
| |||||||
Daqo New Energy Corp., ADR* |
23,927 | 1,270,045 | ||||||
Flat Glass Group Co. Ltd., Class H*(a) |
203,700 | 495,633 | ||||||
GigaDevice Semiconductor, Inc., Class A |
192,926 | 2,537,022 | ||||||
Hangzhou First Applied Material Co. Ltd., Class A |
160,180 | 1,195,315 | ||||||
Hangzhou Silan Microelectronics Co. Ltd., Class A |
269,300 | 1,210,673 | ||||||
JA Solar Technology Co. Ltd., Class A |
287,700 | 2,584,363 | ||||||
JCET Group Co. Ltd., Class A |
403,300 | 1,212,307 | ||||||
JinkoSolar Holding Co. Ltd., ADR*(a) |
15,995 | 885,963 | ||||||
LONGi Green Energy Technology Co. Ltd., Class A |
1,780,268 | 11,963,928 | ||||||
SG Micro Corp., Class A |
75,650 | 1,495,035 | ||||||
Will Semiconductor Co. Ltd., Class A |
232,166 | 2,609,492 | ||||||
Xinyi Solar Holdings Ltd. |
2,326,765 | 2,463,142 | ||||||
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A |
193,600 | 1,836,296 | ||||||
|
|
|||||||
Total Semiconductors & Semiconductor Equipment |
|
31,759,214 | ||||||
Software – 1.7% |
| |||||||
360 Security Technology, Inc., Class A |
920,000 | 838,810 | ||||||
Agora, Inc., ADR* |
38,248 | 138,840 | ||||||
Beijing Kingsoft Office Software, Inc., Class A |
62,432 | 1,761,178 | ||||||
Glodon Co. Ltd., Class A |
273,475 | 1,750,372 | ||||||
Hundsun Technologies, Inc., Class A |
461,310 | 2,192,940 | ||||||
Kingdee International Software Group Co. Ltd.* |
1,353,700 | 1,772,766 | ||||||
Ming Yuan Cloud Group Holdings Ltd.(a) |
411,400 | 243,699 | ||||||
Sangfor Technologies, Inc., Class A |
67,700 | 949,622 | ||||||
Thunder Software Technology Co. Ltd., Class A |
92,300 | 1,366,928 | ||||||
Weimob, Inc.*(a)(b) |
955,000 | 338,208 | ||||||
Yonyou Network Technology Co. Ltd., Class A |
634,913 | 1,567,433 | ||||||
|
|
|||||||
Total Software |
|
12,920,796 | ||||||
Specialty Retail – 0.5% |
| |||||||
China Meidong Auto Holdings Ltd. |
260,912 | 412,811 | ||||||
China Yongda Automobiles Services Holdings Ltd. |
645,900 | 346,404 | ||||||
GOME Retail Holdings Ltd.*(a) |
7,257,800 | 135,912 | ||||||
Pop Mart International Group Ltd.(a)(b) |
370,500 | 681,540 | ||||||
Topsports International Holdings Ltd.(b) |
1,507,200 | 1,061,774 | ||||||
Zhongsheng Group Holdings Ltd. |
291,100 | 1,162,561 | ||||||
|
|
|||||||
Total Specialty Retail |
|
3,801,002 | ||||||
Technology Hardware, Storage & Peripherals – 0.1% |
| |||||||
Shenzhen Transsion Holdings Co. Ltd., Class A |
78,443 | 639,942 | ||||||
Textiles, Apparel & Luxury Goods – 2.6% |
| |||||||
ANTA Sports Products Ltd. |
622,100 | 6,593,552 | ||||||
Li Ning Co. Ltd. |
1,239,500 | 9,489,796 | ||||||
Shenzhou International Group Holdings Ltd. |
398,100 | 3,111,305 | ||||||
Xtep International Holdings Ltd.(a) |
766,200 | 815,013 | ||||||
|
|
|||||||
Total Textiles, Apparel & Luxury Goods |
|
20,009,666 | ||||||
TOTAL COMMON STOCKS (Cost: $1,217,530,781) |
|
756,694,353 | ||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.2% |
| |||||||
United States – 1.2% |
| |||||||
State
Street Navigator Securities Lending Government Money Market Portfolio,
3.07%(c)
|
||||||||
(Cost: $9,176,539) | 9,176,539 | 9,176,539 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 101.1% (Cost: $1,226,707,320) |
|
765,870,892 | ||||||
Other Assets less Liabilities – (1.1)% |
|
(8,478,866 | ) | |||||
|
|
|||||||
NET ASSETS – 100.0% |
|
$ | 757,392,026 |
* |
Non-income producing security. |
† |
Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $977,645, which represents 0.13% of net assets. |
(a) |
Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $25,800,703 and the total market value of the collateral held by the Fund was $28,606,708. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $19,430,169. |
(b) |
This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers. |
(c) |
Rate shown represents annualized 7-day yield as of September 30, 2022. |
FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER) | ||||||||||||||||||||||||||||
Counterparty | Settlement Date |
Amount and Description of Currency to be Purchased |
Amount and |
Unrealized Appreciation |
Unrealized Depreciation |
|||||||||||||||||||||||
Citibank NA |
10/5/2022 | 139,979 | USD | 1,098,810 | HKD | $ | 1 | $ | — | |||||||||||||||||||
Citibank NA |
10/11/2022 | 594,364 | USD | 4,237,352 | CNH | — | (6 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA |
10/3/2022 | 95,538 | USD | 750,000 | HKD | — | (4 | ) | ||||||||||||||||||||
$ | 1 | $ | (10 | ) |
See Notes to Financial Statements.
20 | WisdomTree Trust |
Schedule of Investments (unaudited) (concluded)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
September 30, 2022
FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
Quoted Prices in Active Markets (Level 1) |
Other Significant Observable Inputs (Level 2) |
Significant Unobservable Inputs (Level 3) |
Total | |||||||||||||
Assets: |
||||||||||||||||
Investments in Securities |
||||||||||||||||
Common Stocks |
||||||||||||||||
Energy Equipment & Services |
$ | — | $ | — | $ | 0 | * | $ | 0 | |||||||
Real Estate Management & Development |
14,482,306 | — | 977,645 | * | 15,459,951 | |||||||||||
Other |
741,234,402 | — | — | 741,234,402 | ||||||||||||
Investment of Cash Collateral for Securities Loaned |
— | 9,176,539 | — | 9,176,539 | ||||||||||||
Total Investments in Securities |
$ | 755,716,708 | $ | 9,176,539 | $ | 977,645 | $ | 765,870,892 | ||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | 1 | $ | — | $ | 1 | ||||||||
Liabilities: |
||||||||||||||||
Financial Derivative Instruments |
||||||||||||||||
Foreign Currency Contracts1 |
$ | — | $ | (10 | ) | $ | — | $ | (10 | ) | ||||||
Total – Net |
$ | 755,716,708 | $ | 9,176,530 | $ | 977,645 | $ | 765,870,883 |
* |
Securities are being fair valued using significant unobservable inputs by the Pricing Committee. |
1 |
Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
WisdomTree Trust | 21 |
Schedule of Investments (unaudited)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2022
Investments | Shares | Value | ||||||
COMMON STOCKS – 100.2% | ||||||||
Brazil – 4.5% | ||||||||
Ambev SA |
3,160,219 | $ | 9,079,528 | |||||
Americanas SA |
375,689 | 1,179,400 | ||||||
Atacadao SA |
426,970 | 1,525,894 | ||||||
B3 SA – Brasil Bolsa Balcao |
4,889,257 | 11,796,372 | ||||||
BR Malls Participacoes SA |
1,392,244 | 2,427,293 | ||||||
BRF SA* |
556,816 | 1,325,936 | ||||||
CCR SA |
857,993 | 1,987,604 | ||||||
Cia Siderurgica Nacional SA |
630,232 | 1,482,117 | ||||||
Cosan SA |
835,694 | 2,685,296 | ||||||
Embraer SA* |
427,920 | 921,687 | ||||||
Energisa SA |
91,862 | 711,445 | ||||||
Equatorial Energia SA |
406,414 | 2,021,231 | ||||||
Grupo De Moda Soma SA |
349,890 | 861,650 | ||||||
Hapvida Participacoes e Investimentos SA(a) |
2,740,456 | 3,835,428 | ||||||
Hypera SA |
242,294 | 1,982,216 | ||||||
Localiza Rent a Car SA |
629,462 | 7,109,429 | ||||||
Locaweb Servicos de Internet SA*(a) |
374,455 | 623,071 | ||||||
Lojas Renner SA |
752,152 | 3,872,807 | ||||||
Magazine Luiza SA* |
1,604,686 | 1,329,117 | ||||||
Marfrig Global Foods SA |
183,443 | 334,744 | ||||||
Natura & Co. Holding SA |
651,034 | 1,772,970 | ||||||
Pet Center Comercio e Participacoes SA |
327,804 | 616,354 | ||||||
Petro Rio SA* |
399,579 | 2,033,780 | ||||||
Raia Drogasil SA |
1,031,018 | 4,332,721 | ||||||
Rede D’Or Sao Luiz SA(a) |
489,975 | 2,692,265 | ||||||
Rumo SA |
896,099 | 3,061,632 | ||||||
Sendas Distribuidora SA |
663,943 | 2,154,284 | ||||||
Sul America SA |
264,076 | 1,077,034 | ||||||
Suzano SA |
498,612 | 4,102,209 | ||||||
TOTVS SA |
430,304 | 2,334,955 | ||||||
Transmissora Alianca de Energia Eletrica SA |
132,989 | 957,675 | ||||||
Ultrapar Participacoes SA |
921,774 | 1,999,022 | ||||||
Via SA* |
864,005 | 509,568 | ||||||
Vibra Energia SA |
761,834 | 2,429,655 | ||||||
WEG SA |
1,184,464 | 7,038,219 | ||||||
YDUQS Participacoes SA |
285,465 | 762,633 | ||||||
|
|
|||||||
Total Brazil |
|
94,967,241 | ||||||
Chile – 0.4% | ||||||||
Banco de Chile |
36,771,242 | 3,269,331 | ||||||
Banco Santander Chile |
52,803,109 | 1,864,220 | ||||||
Empresas CMPC SA |
430,740 | 662,386 | ||||||
Enel Americas SA |
7,867,668 | 837,742 | ||||||
Enel Chile SA |
40,808,638 | 1,192,392 | ||||||
Falabella SA |
341,086 | 687,203 | ||||||
|
|
|||||||
Total Chile |
|
8,513,274 | ||||||
China – 28.6% | ||||||||
360 DigiTech, Inc., ADR |
47,475 | 608,629 | ||||||
A-Living Smart City Services Co. Ltd.(a) |
210,000 | 166,397 | ||||||
AAC Technologies Holdings, Inc.*(b) |
305,000 | 477,127 | ||||||
Agora, Inc., ADR* |
1,473 | 5,347 | ||||||
Aier Eye Hospital Group Co. Ltd., Class A |
480,747 | 1,933,332 | ||||||
Airtac International Group(b) |
76,390 | 1,761,236 | ||||||
Akeso, Inc.*(a) |
253,000 | 699,385 | ||||||
Alibaba Group Holding Ltd.* |
6,032,032 | 59,898,457 | ||||||
Alibaba Pictures Group Ltd.* |
15,420,000 | 795,564 | ||||||
ANTA Sports Products Ltd. |
673,300 | 7,136,213 | ||||||
Asymchem Laboratories Tianjin Co. Ltd., Class A |
45,280 | 880,938 | ||||||
Autohome, Inc., Class A(b) |
82,972 | 597,195 | ||||||
Baidu, Inc., Class A* |
916,770 | 13,325,451 | ||||||
BeiGene Ltd.*(b) |
449,400 | 4,640,043 | ||||||
Beijing Kingsoft Office Software, Inc., Class A |
34,629 | 976,868 | ||||||
Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A |
122,367 | 452,623 | ||||||
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A |
42,040 | 674,607 | ||||||
Bilibili, Inc., Class Z* |
74,614 | 1,136,809 | ||||||
BOE Technology Group Co. Ltd., Class A |
3,480,200 | 1,596,299 | ||||||
BYD Co. Ltd., Class A |
149,974 | 5,301,466 | ||||||
BYD Co. Ltd., Class H |
313,500 | 7,763,717 | ||||||
BYD Electronic International Co. Ltd.(b) |
276,500 | 667,835 | ||||||
CanSino Biologics, Inc., Class H(a)(b) |
45,000 | 255,385 | ||||||
Chaozhou Three-Circle Group Co. Ltd., Class A |
220,500 | 805,400 | ||||||
Chengxin Lithium Group Co. Ltd., Class A |
150,100 | 984,504 | ||||||
China Baoan Group Co. Ltd., Class A |
532,600 | 838,217 | ||||||
China Common Rich Renewable Energy Investments Ltd.*† |
102,000 | 0 | ||||||
China Conch Environment Protection Holdings Ltd.* |
1,487,900 | 761,966 | ||||||
China Conch Venture Holdings Ltd. |
791,400 | 1,262,223 | ||||||
China Feihe Ltd.(a) |
1,449,000 | 1,015,236 | ||||||
China Hongqiao Group Ltd. |
815,500 | 675,263 | ||||||
China Jushi Co. Ltd., Class A |
468,900 | 866,878 | ||||||
China Lesso Group Holdings Ltd. |
758,000 | 705,866 | ||||||
China Literature Ltd.*(a)(b) |
172,000 | 487,522 | ||||||
China Medical System Holdings Ltd. |
995,000 | 1,187,678 | ||||||
China Meidong Auto Holdings Ltd. |
356,288 | 563,714 | ||||||
China Minsheng Banking Corp. Ltd., Class A |
7,553,679 | 3,591,869 | ||||||
China Minsheng Banking Corp. Ltd., Class H(b) |
4,097,000 | 1,174,314 | ||||||
China Yongda Automobiles Services Holdings Ltd. |
742,500 | 398,212 | ||||||
Chinasoft International Ltd.* |
944,000 | 580,838 | ||||||
Chongqing Zhifei Biological Products Co. Ltd., Class A |
127,200 | 1,542,105 | ||||||
Contemporary Amperex Technology Co. Ltd., Class A |
238,617 | 13,418,033 | ||||||
Country Garden Holdings Co. Ltd.(b) |
4,122,935 | 955,903 | ||||||
Country Garden Services Holdings Co. Ltd. |
841,000 | 1,238,482 | ||||||
Dada Nexus Ltd., ADR* |
11,765 | 55,648 | ||||||
Daqo New Energy Corp., ADR* |
19,856 | 1,053,956 | ||||||
Dongyue Group Ltd. |
808,000 | 805,952 | ||||||
East Money Information Co. Ltd., Class A |
2,094,061 | 5,175,562 | ||||||
ENN Energy Holdings Ltd. |
423,300 | 5,662,047 | ||||||
Evergrande Property Services Group Ltd.*†(a)(b) |
2,120,500 | 485,358 |
See Notes to Financial Statements.
22 | WisdomTree Trust |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2022
Investments | Shares | Value | ||||||
Focus Media Information Technology Co. Ltd., Class A |
2,564,300 | $ | 1,985,501 | |||||
Foshan Haitian Flavouring & Food Co. Ltd., Class A |
265,839 | 3,088,276 | ||||||
Futu Holdings Ltd., ADR*(b) |
29,893 | 1,114,710 | ||||||
Fuyao Glass Industry Group Co. Ltd., Class A |
291,082 | 1,462,116 | ||||||
Ganfeng Lithium Co. Ltd., Class A |
213,820 | 2,244,628 | ||||||
Ganfeng Lithium Co. Ltd., Class H(a)(b) |
116,800 | 777,437 | ||||||
GDS Holdings Ltd., Class A* |
383,052 | 839,309 | ||||||
Geely Automobile Holdings Ltd. |
2,375,000 | 3,273,609 | ||||||
GEM Co. Ltd., Class A |
959,200 | 992,951 | ||||||
Gemdale Corp., Class A |
1,374,700 | 2,215,594 | ||||||
Genscript Biotech Corp.* |
590,000 | 1,289,749 | ||||||
GigaDevice Semiconductor, Inc., Class A |
87,600 | 1,151,961 | ||||||
GOME Retail Holdings Ltd.*(b) |
1,376,000 | 25,767 | ||||||
Gotion High-tech Co. Ltd., Class A |
211,200 | 904,447 | ||||||
Great Wall Motor Co. Ltd., Class H |
1,497,700 | 1,720,946 | ||||||
Gree Electric Appliances, Inc. of Zhuhai, Class A |
478,600 | 2,177,118 | ||||||
Greentown Service Group Co. Ltd. |
1,176,000 | 786,507 | ||||||
Guangdong Haid Group Co. Ltd., Class A |
101,200 | 855,689 | ||||||
Guanghui Energy Co. Ltd., Class A |
1,112,200 | 1,915,771 | ||||||
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A |
69,300 | 616,095 | ||||||
Guangzhou Tinci Materials Technology Co. Ltd., Class A |
252,300 | 1,559,280 | ||||||
H World Group Ltd. |
594,570 | 2,071,554 | ||||||
Haidilao International Holding Ltd.*(a)(b) |
452,300 | 887,326 | ||||||
Haier Smart Home Co. Ltd., Class A |
651,400 | 2,263,268 | ||||||
Haier Smart Home Co. Ltd., Class H |
797,800 | 2,444,246 | ||||||
Hangzhou First Applied Material Co. Ltd., Class A |
72,160 | 538,481 | ||||||
Hangzhou Silan Microelectronics Co. Ltd., Class A |
151,100 | 679,289 | ||||||
Hangzhou Tigermed Consulting Co. Ltd., Class A |
114,500 | 1,464,426 | ||||||
Hansoh Pharmaceutical Group Co. Ltd.(a)(b) |
606,000 | 958,805 | ||||||
Hello Group, Inc., ADR |
60,569 | 279,829 | ||||||
Hengan International Group Co. Ltd. |
447,000 | 1,998,713 | ||||||
Hengli Petrochemical Co. Ltd., Class A |
212,500 | 504,338 | ||||||
Hollysys Automation Technologies Ltd. |
44,116 | 754,384 | ||||||
Hundsun Technologies, Inc., Class A |
277,871 | 1,320,922 | ||||||
I-Mab, ADR* |
1,801 | 7,222 | ||||||
Inner Mongolia Yili Industrial Group Co. Ltd., Class A |
472,100 | 2,183,971 | ||||||
Innovent Biologics, Inc.*(a) |
473,000 | 1,473,248 | ||||||
iQIYI, Inc., ADR*(b) |
119,207 | 323,051 | ||||||
JA Solar Technology Co. Ltd., Class A |
134,580 | 1,208,910 | ||||||
JCET Group Co. Ltd., Class A |
212,400 | 638,468 | ||||||
JD Health International, Inc.*(a) |
431,100 | 2,476,797 | ||||||
JD.com, Inc., Class A |
989,759 | 25,040,591 | ||||||
Jiangsu Eastern Shenghong Co. Ltd., Class A |
298,100 | 728,404 | ||||||
Jiangsu Hengli Hydraulic Co. Ltd., Class A |
67,800 | 430,624 | ||||||
Jiangsu Hengrui Medicine Co. Ltd., Class A |
810,313 | 3,989,534 | ||||||
Jinke Smart Services Group Co. Ltd., Class H(b) |
368,600 | 558,777 | ||||||
JinkoSolar Holding Co. Ltd., ADR*(b) |
16,470 | 912,273 | ||||||
Jinxin Fertility Group Ltd.(a) |
542,500 | 266,070 | ||||||
JiuGui Liquor Co. Ltd., Class A |
42,000 | 740,243 | ||||||
Jiumaojiu International Holdings Ltd.(a)(b) |
402,000 | 659,596 | ||||||
JOYY, Inc., ADR |
17,793 | 462,618 | ||||||
Kangmei Pharmaceutical Co. Ltd., Class A* |
31,038 | 7,880 | ||||||
KE Holdings, Inc., ADR* |
199,054 | 3,487,426 | ||||||
Kingboard Holdings Ltd. |
529,500 | 1,497,459 | ||||||
Kingdee International Software Group Co. Ltd.* |
1,345,000 | 1,761,373 | ||||||
Kingsoft Cloud Holdings Ltd., ADR*(b) |
11,368 | 22,622 | ||||||
Kingsoft Corp. Ltd. |
568,400 | 1,513,339 | ||||||
Kuaishou Technology*(a) |
634,500 | 4,118,240 | ||||||
LB Group Co. Ltd., Class A |
239,500 | 529,113 | ||||||
Lee & Man Paper Manufacturing Ltd. |
1,271,000 | 408,020 | ||||||
Lens Technology Co. Ltd., Class A |
352,018 | 455,752 | ||||||
Lepu Medical Technology Beijing Co. Ltd., Class A |
257,200 | 762,312 | ||||||
Li Auto, Inc., ADR* |
249,712 | 5,745,873 | ||||||
Li Ning Co. Ltd. |
1,238,000 | 9,478,312 | ||||||
Lifetech Scientific Corp.* |
1,444,000 | 480,113 | ||||||
Longfor Group Holdings Ltd.(a) |
845,500 | 2,428,824 | ||||||
LONGi Green Energy Technology Co. Ltd., Class A |
970,772 | 6,523,875 | ||||||
Lufax Holding Ltd., ADR |
240,213 | 610,141 | ||||||
Luxshare Precision Industry Co. Ltd., Class A |
627,000 | 2,585,694 | ||||||
Maxscend Microelectronics Co. Ltd., Class A |
67,700 | 839,561 | ||||||
Meituan, Class B*(a) |
1,636,900 | 34,531,732 | ||||||
Microport Scientific Corp.*(b) |
294,500 | 507,222 | ||||||
Ming Yang Smart Energy Group Ltd., Class A |
270,200 | 914,545 | ||||||
Ming Yuan Cloud Group Holdings Ltd.(b) |
298,000 | 176,525 | ||||||
Minth Group Ltd. |
328,000 | 726,205 | ||||||
Muyuan Foods Co. Ltd., Class A |
445,476 | 3,406,767 | ||||||
NetEase, Inc. |
784,330 | 11,840,037 | ||||||
New Oriental Education & Technology Group, Inc.*(b) |
475,936 | 1,206,528 | ||||||
Nine Dragons Paper Holdings Ltd. |
711,000 | 442,003 | ||||||
NIO, Inc., ADR* |
599,320 | 9,451,276 | ||||||
Nongfu Spring Co. Ltd., Class H(a) |
1,288,800 | 7,478,419 | ||||||
Ovctek China, Inc., Class A |
114,400 | 662,733 | ||||||
Pharmaron Beijing Co. Ltd., Class A |
104,100 | 789,239 | ||||||
Pinduoduo, Inc., ADR* |
228,503 | 14,299,718 | ||||||
Ping An Bank Co. Ltd., Class A |
2,443,026 | 4,057,346 | ||||||
Ping An Healthcare and Technology Co. Ltd.*(a)(b) |
194,700 | 367,082 | ||||||
Ping An Insurance Group Co. of China Ltd., Class A |
1,587,200 | 9,257,173 | ||||||
Ping An Insurance Group Co. of China Ltd., Class H |
2,366,500 | 11,817,577 | ||||||
Pop Mart International Group Ltd.(a)(b) |
278,400 | 512,121 | ||||||
Rongsheng Petrochemical Co. Ltd., Class A |
348,000 | 675,093 | ||||||
Sangfor Technologies, Inc., Class A |
42,500 | 596,144 | ||||||
Sany Heavy Industry Co. Ltd., Class A |
1,438,636 | 2,800,932 | ||||||
SF Holding Co. Ltd., Class A |
283,473 | 1,877,586 | ||||||
SG Micro Corp., Class A |
53,800 | 1,063,224 |
See Notes to Financial Statements.
WisdomTree Trust | 23 |
Schedule of Investments (unaudited) (continued)
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
September 30, 2022
Investments | Shares | Value | ||||||
Shandong Weigao Group Medical Polymer Co. Ltd., Class H |
1,732,600 | $ | 2,330,763 | |||||
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H(b) |
572,500 | 1,388,604 | ||||||
Shanghai Putailai New Energy Technology Co. Ltd., Class A |
106,200 | 831,230 | ||||||
Shenzhen Capchem Technology Co. Ltd., Class A |
99,920 | 586,977 | ||||||
Shenzhen Inovance Technology Co. Ltd., Class A |
270,000 | 2,178,058 | ||||||
Shenzhen Kangtai Biological Products Co. Ltd., Class A |
112,600 | 478,725 | ||||||
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A |
154,100 | 6,463,029 | ||||||
Shenzhen Transsion Holdings Co. Ltd., Class A |
45,753 | 373,255 | ||||||
Shenzhou International Group Holdings Ltd. |
447,100 | 3,494,259 | ||||||
Sichuan Yahua Industrial Group Co. Ltd., Class A |
268,400 | 957,018 | ||||||
Sino Biopharmaceutical Ltd. |
5,903,000 | 2,774,821 | ||||||
SITC International Holdings Co. Ltd. |
679,000 | 1,255,950 | ||||||
Sunac China Holdings Ltd.*†(b) |
1,722,000 | 438,732 | ||||||
Sungrow Power Supply Co. Ltd., Class A |
172,000 | 2,668,851 | ||||||
Sunny Optical Technology Group Co. Ltd. |
347,000 | 3,321,959 | ||||||
Suzhou TA&A Ultra Clean Technology Co. Ltd., Class A |
74,000 | 687,877 | ||||||
TBEA Co. Ltd., Class A |
621,500 | 1,889,132 | ||||||
TCL Technology Group Corp., Class A |
3,646,900 | 1,856,918 | ||||||
Tencent Holdings Ltd. |
2,533,600 | 85,982,119 | ||||||
Tencent Music Entertainment Group, ADR* |
240,067 | 974,672 | ||||||
Thunder Software Technology Co. Ltd., Class A |
59,900 | 887,096 | ||||||
Tingyi Cayman Islands Holding Corp. |
1,376,000 | 2,373,411 | ||||||
Tongcheng Travel Holdings Ltd.* |
837,600 | 1,643,211 | ||||||
Tongkun Group Co. Ltd., Class A |
383,400 | 726,019 | ||||||
Tongwei Co. Ltd., Class A |
515,958 | 3,398,636 | ||||||
Topchoice Medical Corp., Class A* |
41,900 | 752,292 | ||||||
Topsports International Holdings Ltd.(a) |
1,227,000 | 864,382 | ||||||
Trip.com Group Ltd.* |
191,620 | 5,145,734 | ||||||
United Energy Group Ltd.(b) |
5,192,000 | 595,269 | ||||||
Venus MedTech Hangzhou, Inc., Class H*(a)(b) |
212,500 | 248,506 | ||||||
Vipshop Holdings Ltd., ADR* |
168,673 | 1,418,540 | ||||||
Vnet Group, Inc., ADR*(b) |
13,853 | 76,191 | ||||||
Walvax Biotechnology Co. Ltd., Class A |
362,200 | 1,884,884 | ||||||
Want Want China Holdings Ltd. |
2,785,000 | 1,820,030 | ||||||