WBAT
WisdomTree Battery Value Chain and Innovation Fund
The WisdomTree Battery Value Chain and Innovation Fund seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Battery Value Chain and Innovation Index. Learn more about the Index that WBAT is designed to track.
Why WBAT?
- Gain targeted exposure to companies involved in battery and energy storage solutions and innovation
- A geographically and industrially diverse portfolio with the capability to continually evolve with rapidly developing battery technology
- Use to satisfy demand for a thematic ETF tilted toward parts of the battery value-chain that have the highest growth potential
Fund Overview
| Profile |
As of 09/20/2023
|
|---|---|
| Expense Ratio | 0.45% |
| CUSIP | 97717Y592 |
| Total Assets (000) | $4,609.27 |
| Shares Outstanding | 150,000 |
| Distribution Yield | 0.48% |
| SEC 30-day Yield (Subsidized) | 1.03% |
| Options Available | No |
| Inception Date | 02/17/2022 |
| Trading Information |
As of 09/20/2023
|
|---|---|
| 30-Day Average Daily Volume | 527 |
| Implied LiquidityTM (Shares) | 1,523,299 |
| Implied Liquidity (000) | $46,808.64 |
| Lead Market Maker | Flow Traders |
| Related index Symbol | WTBAT |
| NAV Symbol | WBAT.NV |
| Shares Out. Symbol | WBAT.SO |
Market Capitalization
|
As of 09/20/2023
|
|
|---|---|
| Total Market Capitalization ($ Trillion) | 2.48 |
| Fund MarketCap Breakdown | |
| Large Cap (> $10 Billion) | 31.85% |
| Mid Cap (≥ $2 Billion and ≤ $10 Billion) | 37.03% |
| Small Cap (< $2 Billion) | 31.12% |
Portfolio Characteristics
|
As of 09/20/2023
|
|
|---|---|
| Dividend Yield | 1.36 |
| Price/Earnings | 113.74 |
| Estimated Price/Earnings | 38.25 |
| Price/Book | 1.88 |
| Price/Sales | 1.03 |
| Price/Cash Flow | 30.53 |
| Gross Buyback Yield | 0.51 |
| Net Buyback Yield | -3.33 |
Total Returns
| Total Returns | |||
|---|---|---|---|
|
Month End Performance (08/31/2023) |
Underlying Index Returns | NAV Returns | Market Price Returns |
| Cumulative | |||
| 1 Month | -11.36% | -11.30% | -11.52% |
| 3 Month | -1.12% | -1.07% | -1.53% |
| YTD | 1.14% | 1.00% | 0.56% |
| Since Inception* | -19.12% | -19.59% | -19.96% |
| Average Annual | |||
| 1 Year | -7.83% | -8.00% | -8.14% |
| 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* | -12.90% | -13.22% | -13.49% |
| Total Returns | |||
|---|---|---|---|
|
Quarter End Performance (06/30/2023) |
Underlying Index Returns | NAV Returns | Market Price Returns |
| Cumulative | |||
| Since Inception* | -13.15% | -13.71% | -13.68% |
| Average Annual | |||
| 1 Year | 0.95% | 0.55% | -0.12% |
| 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* | -9.80% | -10.22% | -10.21% |
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 (08/31/2023) |
After Tax Held | After Tax Sold |
| Cumulative | ||
| 1 Month | -11.30% | -6.69% |
| 3 Month | -1.07% | -0.63% |
| Since Inception* | -19.61% | -14.86% |
| Average Annual | ||
| 1 Year | -8.02% | -4.59% |
| 3 Year | N/A | N/A |
| 5 Year | N/A | N/A |
| 10 Year | N/A | N/A |
| Since Inception* | -13.24% | -9.94% |
| After Tax Returns | ||
|---|---|---|
| Quarter End Performance (06/30/2023) |
After Tax Held | After Tax Sold |
| Cumulative | ||
| Since Inception* | -13.73% | -10.38% |
| Average Annual | ||
| 1 Year | 0.52% | 0.47% |
| 3 Year | N/A | N/A |
| 5 Year | N/A | N/A |
| 10 Year | N/A | N/A |
| Since Inception* | -10.24% | -7.70% |
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
| Country Allocation | |
|---|---|
| Country | Weight |
| 1. United States | 22.27% |
| 2. China | 22.08% |
| 3. Japan | 13.65% |
| 4. South Korea | 9.94% |
| 5. Germany | 7.31% |
| 6. Canada | 3.78% |
| 7. Australia | 3.54% |
| 8. Finland | 3.00% |
| 9. United Kingdom | 2.98% |
| 10. Netherlands | 2.95% |
| 11. Taiwan | 1.38% |
| 12. France | 1.28% |
| 13. Norway | 1.18% |
| 14. Switzerland | 0.83% |
| 15. Indonesia | 0.78% |
| 16. Brazil | 0.78% |
| 17. Belgium | 0.49% |
| 18. Sweden | 0.47% |
| 19. Ireland | 0.44% |
| 20. Chile | 0.44% |
| 21. Israel | 0.41% |
| 22. Russia | 0.00% |
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.)
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
Sector Breakdown
Recent Distributions
| Recent Distributions | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Important Risk Information
There are risks associated with investing, including possible loss of principal. The Fund invests in equity securities of exchange-listed companies globally involved in the investment themes of Battery and Energy Storage Solutions (“BESS”) and Innovation. The value chain of BESS companies is divided into four categories: Raw Materials, Manufacturing, Enablers and Emerging Technologies. Innovation companies are those that introduce a new, creative or different technologically enabled product or service in seeking to potentially change an industry landscape, as well as companies that service those innovative technologies. The Fund invests in the securities included in, or representative of, its Index regardless of their investment merit. The Fund does not attempt to outperform its Index or take defensive positions in declining markets 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, 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.
