WisdomTree Managed Futures Strategy ETF
WDTI - Snapshot
Vitals
- YTD Return 7.5%
- 3 Yr Annualized Return -0.2%
- 5 Yr Annualized Return -0.7%
- Net Assets $117 M
- Holdings in Top 10 N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.75%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 97.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) N/A
- IRA N/A
Fund Classification
-
Primary Theme
Managed Futures
- Fund Type Exchange Traded Fund
- Investment Style Managed Futures
WDTI - Profile
Distributions
- YTD Total Return 8.3%
- 3 Yr Annualized Total Return -0.2%
- 5 Yr Annualized Total Return -0.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.46%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameWisdomTree Managed Futures Strategy Fund
-
Fund Family NameWisdomTree
-
Inception DateJan 05, 2011
-
Shares Outstanding3100000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Stavena
Fund Description
The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in "managed futures". It is an actively managed exchange traded fund ("ETF") that seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad market equity or fixed income returns. The fund is managed using a quantitative, rules-based strategy designed to provide returns that correspond to the performance of the WisdomTree Managed Futures Index. It is non-diversified.
WDTI - Performance
Return Ranking - Trailing
| Period | WDTI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.5% | -3.3% | 11.7% | 20.41% |
| 1 Yr | 6.5% | -23.8% | 25.2% | 32.99% |
| 3 Yr | -0.2%* | -8.9% | 7.4% | 47.31% |
| 5 Yr | -0.7%* | -6.6% | 8.7% | 54.65% |
| 10 Yr | -2.2%* | -2.6% | 4.7% | 91.30% |
* Annualized
Return Ranking - Calendar
| Period | WDTI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 0.0% | -16.4% | 12.9% | 60.82% |
| 2019 | -4.3% | -9.3% | 17.5% | 75.00% |
| 2018 | -3.2% | -25.8% | 2.2% | 26.67% |
| 2017 | -3.4% | -5.1% | 21.0% | 95.00% |
| 2016 | -0.8% | -20.3% | 8.1% | 32.00% |
Total Return Ranking - Trailing
| Period | WDTI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.3% | -3.3% | 11.7% | 8.16% |
| 1 Yr | 6.5% | -27.6% | 25.2% | 23.71% |
| 3 Yr | -0.2%* | -10.3% | 5.3% | 40.86% |
| 5 Yr | -0.7%* | -6.6% | 7.4% | 50.00% |
| 10 Yr | -2.2%* | -2.6% | 4.7% | 86.96% |
* Annualized
Total Return Ranking - Calendar
| Period | WDTI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 0.0% | -16.4% | 12.9% | 60.82% |
| 2019 | -4.3% | -9.3% | 17.5% | 75.00% |
| 2018 | -3.2% | -20.3% | 2.5% | 27.78% |
| 2017 | -3.4% | -5.1% | 21.0% | 96.25% |
| 2016 | -0.8% | -20.3% | 10.8% | 32.00% |
WDTI - Holdings
Concentration Analysis
| WDTI | Category Low | Category High | WDTI % Rank | |
|---|---|---|---|---|
| Net Assets | 117 M | 2.09 M | 1.97 B | 54.08% |
| Number of Holdings | 24 | 3 | 806 | 83.67% |
| Net Assets in Top 10 | 167 M | -18.8 M | 2.04 B | 46.94% |
| Weighting of Top 10 | N/A | 18.9% | 95.0% | 42.31% |
Top 10 Holdings
- United States Treasury Bills 0.01% 82.46%
- United States Treasury Bills 0.01% 81.06%
- United States Treasury Bills 0.01% 52.05%
- Wt Cayman Managed Futures Mutual Funds 21.31%
- Wt Cayman Managed Futures Mutual Funds 21.31%
- Wt Cayman Managed Futures Mutual Funds 21.31%
- Wt Cayman Managed Futures Mutual Funds 21.31%
- Wt Cayman Managed Futures Mutual Funds 21.31%
- Wt Cayman Managed Futures Mutual Funds 21.31%
- Wt Cayman Managed Futures Mutual Funds 21.31%
Asset Allocation
| Weighting | Return Low | Return High | WDTI % Rank | |
|---|---|---|---|---|
| Other | 67.21% | -2.72% | 67.21% | 2.04% |
| Cash | 34.97% | -735.41% | 1796.70% | 53.06% |
| Stocks | 0.00% | -0.78% | 60.54% | 77.55% |
| Preferred Stocks | 0.00% | 0.00% | 0.14% | 33.67% |
| Convertible Bonds | 0.00% | 0.00% | 3.34% | 45.92% |
| Bonds | -2.18% | -1748.87% | 772.87% | 82.65% |
WDTI - Expenses
Operational Fees
| WDTI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.75% | 0.75% | 9.89% | 98.97% |
| Management Fee | 0.65% | 0.65% | 2.99% | 2.04% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.09% | 0.45% | N/A |
Sales Fees
| WDTI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 4.75% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| WDTI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| WDTI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 97.00% | 0.00% | 198.00% | 75.00% |
WDTI - Distributions
Dividend Yield Analysis
| WDTI | Category Low | Category High | WDTI % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 0.06% | 28.57% |
Dividend Distribution Analysis
| WDTI | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
| WDTI | Category Low | Category High | WDTI % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.46% | -2.10% | 2.02% | 41.24% |
Capital Gain Distribution Analysis
| WDTI | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
WDTI - Fund Manager Analysis
Managers
James Stavena
Start Date
Tenure
Tenure Rank
Jan 05, 2011
10.08
10.1%
Mr. Stavena joined Mellon Capital in 1998, where he currently serves as a Managing Director of Asset Allocation. He manages a team of portfolio managers responsible for the implementation of Mellon Capital's asset allocation strategies including Global Alpha, domestic asset allocation, Active Currency, Active Commodity, and custom rules-based strategies. He is a member of the Trade Management Oversight Committee. Prior to joining Mellon Capital, was a currency options trader with CS First Boston and HSBC in New York and London Education: M.B.A., Rice University. He has over 25 years of investment experience.
Vassilis Dagioglu
Start Date
Tenure
Tenure Rank
Jan 05, 2011
10.08
10.1%
Vassilis is the head of the asset allocation portfolio management team. In his current role, he is responsible for managing global tactical asset allocation, strategic asset allocation and multi-asset portfolios including total return, absolute return, multi-asset income, global macro as well as active commodities strategies. Since he joined the company, he has managed several asset allocation portfolios such as mutual funds, hedge funds, and separately managed portfolios and helped develop custom portfolio solutions. Vassilis joined the firm in 1999, shortly after beginning his career in the investment industry. Prior to that, he designed and implemented financial information systems and consulted on enterprise information application development at IBM Global Services and Sybase. He earned an MBA in finance from the University of California at Berkeley.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.17 | 13.93 | 5.33 | 3.76 |