WTAI

WisdomTree Artificial Intelligence and Innovation Fund

The WisdomTree Artificial Intelligence and Innovation Fund seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Artificial Intelligence & Innovation Index, which identifies companies that are primarily involved in the investment theme of AI and Innovation. Learn more about the Index that WTAI is designed to track.


  

Why WTAI?

  • Gain targeted exposure to companies offering artificial intelligence (AI) technologies and contributing to the development and deployment of AI innovations
  • Use to complement a growth allocation with diversified exposure to artificial intelligence companies exhibiting high-growth characteristics
  • Use to satisfy demand for comprehensive, multi-sector access to the AI megatrend

  

Fund Overview

Profile
As of 10/04/2022
Expense Ratio 0.45%
CUSIP 97717Y543
Total Assets (000) $756.45
Shares Outstanding 50,000
Distribution Yield 0.00%
SEC 30-day Yield (Subsidized) 0.23%
Options Available No
Inception Date 12/09/2021
*Options are not suitable for all investors.
Trading Information
As of 10/04/2022
30-Day Average Daily Volume 449
Implied LiquidityTM (Shares) 569,721
Implied Liquidity (000) $8,619.37
Lead Market Maker Flow Traders
Related index Symbol WAII
NAV Symbol WTAI.NV
Shares Out. Symbol WTAI.SO

Net Asset Value

Net Asset Value
As of 10/04/2022
NAV $15.129
Change $0.682
Change % 4.72%
Premium/Discount to NAV 0.73%

Closing Market Price

Closing Market Price
As of 10/04/2022
Closing Market Price $15.240
Change $0.705
Change % 4.85%
Median Bid/Ask Spread (30-Day Avg.) 0.45%

Market Capitalization

As of 10/04/2022
Total Market Capitalization ($ Trillion) 9.78
Fund MarketCap Breakdown
Large Cap (> $10 Billion) 57.72%
Mid Cap (≥ $2 Billion and ≤ $10 Billion) 18.32%
Small Cap (< $2 Billion) 23.96%

Portfolio Characteristics

As of 10/04/2022
Dividend Yield 0.82
Price/Earnings 117.44
Estimated Price/Earnings 32.77
Price/Book 2.92
Price/Sales 2.67
Price/Cash Flow 19.33
Gross Buyback Yield 1.43
Net Buyback Yield -0.13
The measures above refer to the underlying securities of the holdings in the Funds' portfolios and should not be considered reflective of the Funds' performance.
Results are not indicative of future performance.

Total Returns

Total Returns
Month End Performance
(08/31/2022)
Underlying Index Returns NAV Returns Market Price Returns
Cumulative
1 Month -3.53% -3.56% -4.30%
3 Month -5.64% -5.74% -5.74%
YTD -33.64% -33.81% -33.97%
Since Inception* -35.34% -35.49% -35.57%
Average Annual
1 Year N/A N/A N/A
3 Year N/A N/A N/A
5 Year N/A N/A N/A
10 Year N/A N/A N/A
Since Inception* -35.34% -35.49% -35.57%
Total Returns
Quarter End Performance
(06/30/2022)
Underlying Index Returns NAV Returns Market Price Returns
Cumulative
Since Inception* -40.29% -40.36% -40.17%
Average Annual
1 Year N/A N/A N/A
3 Year N/A N/A N/A
5 Year N/A N/A N/A
10 Year N/A N/A N/A
Since Inception* -40.29% -40.36% -40.17%

 

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
(08/31/2022)
After Tax Held After Tax Sold
Cumulative
1 Month -3.56% -2.11%
3 Month -5.74% -3.40%
Since Inception* -35.49% -21.01%
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
(06/30/2022)
After Tax Held After Tax Sold
Cumulative
Since Inception* -40.36% -23.90%
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.

 

Country Allocation

As of 10/04/2022
Country Allocation
Country Weight
1. United States 56.37%
2. Japan 10.83%
3. Taiwan 6.64%
4. Netherlands 4.44%
5. China 4.31%
6. South Korea 3.95%
7. Canada 3.82%
8. Australia 2.94%
9. Sweden 2.01%
10. France 1.63%
11. Israel 1.55%
12. United Kingdom 1.29%
13. Italy 0.20%

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.)

Holdings

As of 10/04/2022
*Holdings are subject to change without notice.

Sector Breakdown

As of 10/04/2022
*Sectors are subject to change without notice

Recent Distributions

Recent Distributions

Important Risk Information

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. The Fund invests in companies primarily involved in the investment theme of Artificial Intelligence (AI) and Innovation. Companies engaged in AI typically face intense competition and potentially rapid product obsolescence. These companies are also heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. Additionally, AI companies typically invest significant amounts of spending on research and development, and there is no guarantee that the products or services produced by these companies will be successful. Companies that are capitalizing on Innovation and developing technologies to displace older technologies or create new markets may not be successful. The Fund invests in the securities included in, or representative of, its Index regardless of their investment merit and the Fund does not attempt to outperform its Index or take defensive positions in declining markets. The composition of the Index is governed by an Index Committee and the Index may not perform as intended. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.

  

  • 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.