GCC

WisdomTree Enhanced Commodity Strategy Fund

The WisdomTree Enhanced Commodity Strategy Fund is an actively managed exchange-traded fund and intends to provide broad-based exposure to the following four commodity sectors: Energy, Agriculture, Industrial Metals, and Precious Metals primarily through investments in futures contracts.


 

Why GCC?

  • Seek enhanced exposure to the commodity markets
  • Use to diversify traditional stock and bond portfolios
  • Use to satisfy demand for inflation hedging instruments 

 

Prior to 12/21/2020 the ticker symbol GCC was used for an Exchange Traded Commodity Pool trading under a different name and strategy.

Fund Overview

Profile
As of 02/26/2021
Expense Ratio 0.55%
CUSIP 97717Y683
Total Assets (000) $124,420.57
Shares Outstanding 6,100,050
Distribution Yield 0.00%
SEC 30-day Yield -0.34%
Options Available* Yes
Inception Date 12/21/2020

Yields are historical, will fluctuate and are not guaranteed.

*Options are not suitable for all investors.

Trading Information
As of 02/26/2021
Lead Market Marker Virtu
NAV Symbol GCC.NV
Shares Out. Symbol GCC.SO

Net Asset Value

Net Asset Value
As of 02/26/2021
NAV $20.397
Change -$0.533
Change % -2.55%
Premium/Discount to NAV -0.08%

Closing Market Price

Closing Market Price
As of 02/26/2021
Closing Market Price $20.380
Change -$0.420
Change % -2.02%
Median Bid/Ask Spread (30-Day Avg.) 0.10%
Real Time eNAV
 Last UpdatedPrice
eNav Bid----------
eNav Ask----------
Today's eNAV History
Results are not indicative of future performance.

Total Returns

Total Returns
Month End Performance
(01/31/2021)
NAV Returns Market Price Returns
Cumulative
1 Month 1.42% 1.21%
3 Month N/A N/A
YTD 1.42% 1.21%
Since Inception* 2.77% 2.77%
Average Annual
1 Year N/A N/A
3 Year N/A N/A
5 Year N/A N/A
10 Year N/A N/A
Since Inception* N/A N/A
Total Returns
Quarter End Performance
NAV Returns Market Price Returns
Cumulative
Since Inception* N/A N/A
Average Annual
1 Year N/A N/A
3 Year N/A N/A
5 Year N/A N/A
10 Year N/A N/A
Since Inception* N/A N/A

 

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and 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. Performance data for the most recent month-end is available above.

WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread 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.

 

After Tax Returns

After Tax Returns
Month End Performance
(01/31/2021)
After Tax Held After Tax Sold
Cumulative
1 Month N/A 1.42%
3 Month N/A N/A
Since Inception* N/A 2.77%
Average Annual
1 Year N/A N/A
3 Year N/A N/A
5 Year N/A N/A
10 Year N/A N/A
Since Inception* N/A N/A
After Tax Returns
Quarter End Performance
After Tax Held After Tax Sold
Cumulative
Since Inception* N/A N/A
Average Annual
1 Year N/A N/A
3 Year N/A N/A
5 Year N/A N/A
10 Year N/A N/A
Since Inception* N/A N/A

 

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and 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. Performance data for the most recent month-end is available above.

WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread 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.

After-Tax Held Returns represent return on Fund shares after taxes on distributions and assumes Fund shares have not been sold. After-Tax Sold Returns represent returns on Fund shares after taxes on distributions and the sale of the Fund shares.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's individual tax rates and may differ from those shown.

In some cases the return after taxes may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of fund shares at the end of the measurement period.

 

Premium/Discount i
The above chart presents information about the difference between the daily market price for shares of the Fund and the Fund's net asset value. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. eastern time for most Funds). The vertical axis of the chart shows the premium or discount expressed as a percentage of mid-point.

The horizontal axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated. IMPORTANT NOTE: The horizontal bar for ≥ 0.0 up to 0.5 includes the days that the Fund’s market price matched its NAV (that is, there was no premium or discount so the "premium/discount" percentage equaled zero.)

Asset Classification

As of 02/26/2021
Asset Group Asset Group Weight
Precious Metals 24.95%
Platinum-PL 2.14%
Silver-SI 7.56%
Gold-GC 15.26%
Energy 22.44%
Gasoil-QS 2.19%
ULS Diesel-HO 2.30%
RBOB Gasoline-XB 2.33%
WTI Crude-CL 7.78%
Brent Crude-CO 7.84%
Industrial Metals 21.92%
Nickel-LN 3.59%
Zinc-LX 3.60%
Aluminum-LA 5.87%
Copper-LP 8.86%
Grains (Agriculture) 18.63%
Wheat-KW 1.51%
Soybean Oil-BO 1.71%
Wheat-W 1.98%
Soybean Meal-SM 2.95%
Soybean-S 5.20%
Corn-C 5.28%
Softs (Agriculture) 7.07%
Cotton-CT 1.02%
Cocoa-CC 1.90%
Coffee-KC 1.97%
Sugar-SB 2.19%
Livestock (Agriculture) 4.98%
Feeder Cattle-FC 0.81%
Lean Hogs-LH 1.73%
Live Cattle-LC 2.43%

Holdings

As of 02/26/2021
Holdings
*Holdings are subject to change without notice.

Recent Distributions

Recent Distributions

This information must be preceded or accompanied by a prospectus, click here to view or download prospectus. We advise you to consider the fund's objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other important information about the fund. Please read the prospectus carefully before you invest.

There are risks associated with investing including possible loss of principal. An investment in this Fund is speculative, involves a substantial degree of risk, and should not constitute an investor's entire portfolio. One of the risks associated with the Fund is the complexity of the different factors which contribute to the Fund's performance. These factors include use of commodity futures contracts. Derivatives can be volatile and may be less liquid than other securities and more sensitive to the effects of varied economic conditions. The value of the shares of the Fund relate directly to the value of the futures contracts and other assets held by the Fund and any fluctuation in the value of these assets could adversely affect an investment in the Fund’s shares. Please read the Fund's prospectus for specific details regarding the Fund's risk profile.

The Fund will not be invested in physical commodities. Futures may be affected by Backwardation: a market condition in which a futures price is lower in the distant delivery months than in the near delivery months. As a result, the fund may benefit because it would be selling more expensive contracts and buying less expensive ones on an ongoing basis; and Contango: A condition in which distant delivery prices for futures exceeds spot prices, often due to costs of storing and inuring the underlying commodity. Opposite of backwardation. As a result, the Fund’s total return may be lower than might otherwise be the case because it would be selling less expensive contracts and buying more expensive one.

Commodities and futures are generally volatile and are not suitable for all investors.

Investments in commodities may be affected by overall market movements, changes in interest rates and other factors such as weather, disease, embargoes and international economic and political developments.

  • Weighted Average Coupon - The mean of the coupon rate of the underlying bonds in a portfolio.
  • Fund Distribution Yield - Fund Distribution Yield is calculated by annualizing the most recent Fund distribution and dividing by the current Fund NAV. The yield represents a single distribution from the Fund and does not represent the total returns of the Fund.
  • SEC 30–day Yield - The yield figure reflects the dividends and interest earned during the period, after the deduction of the fund's expenses. This is also referred to as the "standardized yield."

WisdomTree Funds are distributed by Foreside Fund Services, LLC in the U.S. only.

Neither WisdomTree Investments, Inc., nor its affiliates, nor Foreside Fund Services, LLC, or its affiliates provide tax advice. All references to tax matters or information provided on this site are for illustrative purposes only and should not be considered tax advice and cannot be used for the purpose of avoiding tax penalties. Investors seeking tax advice should consult an independent tax advisor.