WDAFWisdomTree Asia Defense Fund
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Distribution yield
—
30-day SEC yield
0.45%
Net expense ratio
As of 11/13/2026
9/12/2025
Inception Date
Overview
Product Description
The WisdomTree Asia Defense Fund seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Asia Defense Index. Learn more about the Index that WDAF is designed to track.
Why WDAF?
- Captures the Indo-Pacific’s structural military modernization—an area of rising strategic tension and sustained defense investment—via a pure-play Asia defense ETF and provides targeted exposure to leading defense innovators in Japan, South Korea, India, Taiwan, and beyond, with low overlap versus U.S. and European benchmarks
- Complements global and U.S. defense allocations by diversifying geopolitical exposure and tapping Asia’s indigenous innovation in hypersonics, space, cyber, and unmanned systems
- Positions portfolios to benefit from policy-driven defense spending growth across some of the fastest-expanding procurement budgets in the world
Fund Overview
Product Overview | As of 11/13/2026 |
|---|---|
| Expense Ratio | 0.45% |
| CUSIP | 97717Y311 |
| Total Assets (000) | $7,887.32 |
| Shares Outstanding | 325,000 |
| Distribution Yield | - |
| SEC 30-day Yield | 0.60% |
| Options Available* | No |
| Inception Date | 9/12/2025 |
*Options are not suitable for all investors.
Trading Information | As of 11/13/2026 |
|---|---|
| 30-Day Average Volume | 3,843 |
| Lead Market Maker | Citadel |
| Related index Symbol | WTADEFN |
| NAV Symbol | WDAF.NV |
| Shares Out. Symbol | WDAF.SO |
Net Asset Value
Net Asset Value | As of 11/13/2026 |
|---|---|
| NAV | $24.269 |
| Change | -$0.653 |
| Change % | -2.62% |
| Premium/Discount to NAV | -0.284% |
Closing Market Price
Closing Market Value | As of 11/13/2026 |
|---|---|
| Closing Market Price | $24.200 |
| Change | -$0.670 |
| Change % | -2.69% |
| Median Bid/Ask Spread (30-Day Avg.) | 0.47% |
Market Capitalization
Market Capitalization | As of 11/13/2026 |
|---|---|
| Total Market Capitalization ($ Trillion) | 0.35 |
| Fund MarketCap Breakdown | |
| Large Cap (> $10 Billion) | 44.53% |
| Mid Cap (≥ $2 Billion and ≤ $10 Billion) | 39.19% |
| Small Cap (< $2 Billion) | 16.29% |
Portfolio Characteristics
Portfolio Characteristics | As of 11/13/2026 |
|---|---|
| Dividend Yield | 0.93% |
| Price/Earnings | 27.36 |
| Estimated Price/Earnings | 20.61 |
| Price/Book | 4.25 |
| Price/Sales | 2.09 |
| Price/Cash Flow | 39.46 |
| Gross Buyback Yield | 0.07% |
| Net Buyback Yield | -0.67% |
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
Month End Performance (10/31/2026)
Cumulative | 1 Month | 3 Month | YTD | Since Inception* | |
|---|---|---|---|---|---|
| Underlying Index Returns | -17.08% | -13.62% | -11.44% | -16.33% | |
| NAV Returns | -17.04% | -14.06% | -12.10% | -17.21% | |
| Market Price Returns | -17.24% | -12.74% | -12.77% | -17.90% | |
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| Underlying Index Returns | -19.19% | N/A | N/A | N/A | -14.51% |
| NAV Returns | -19.88% | N/A | N/A | N/A | -15.30% |
| Market Price Returns | -20.45% | N/A | N/A | N/A | -15.93% |
Quarter End Performance (9/30/2026)
Cumulative | Since Inception* | ||||
|---|---|---|---|---|---|
| Underlying Index Returns | 0.90% | ||||
| NAV Returns | -0.20% | ||||
| Market Price Returns | -0.79% | ||||
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| Underlying Index Returns | -1.93% | N/A | N/A | N/A | 0.86% |
| NAV Returns | -2.83% | N/A | N/A | N/A | -0.19% |
| Market Price Returns | -3.65% | N/A | N/A | N/A | -0.75% |
*Fund inception Date 9/12/2025
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
Month End Performance 10/31/2026
Cumulative | 1 Month | 3 Month | Since Inception* | ||
|---|---|---|---|---|---|
| After Tax Held | -17.04% | -14.06% | -17.24% | ||
| After Tax Sold | -10.09% | -8.32% | -13.11% | ||
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| After Tax Held | -19.91% | N/A | N/A | N/A | -15.33% |
| After Tax Sold | -11.75% | N/A | N/A | N/A | -11.63% |
Quarter End Performance 9/30/2026
Cumulative | Since Inception* | ||||
|---|---|---|---|---|---|
| After Tax Held | -0.24% | ||||
| After Tax Sold | -0.16% | ||||
| Average Annual | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
| After Tax Held | -2.86% | N/A | N/A | N/A | -0.22% |
| After Tax Sold | -1.66% | N/A | N/A | N/A | -0.15% |
*Fund inception Date 9/12/2025
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 | Weight (%) |
|---|---|
| India | 37.14% |
| South Korea | 34.70% |
| Japan | 14.06% |
| Australia | 7.25% |
| Singapore | 4.76% |
| Taiwan | 2.09% |
Holdings
As of 11/13/2026
Name | Weight (%) |
|---|---|
| BHARAT ELECTRONICS LTD | 9.68 |
| HINDUSTAN AERONAUTICS LTD | 9.48 |
| Korea Aerospace Industries Ltd | 7.55 |
| Hanwha Techwin Co Ltd | 5.79 |
| Hyundai Rotem Co Ltd | 5.55 |
| LIG Nex1 Co Ltd | 4.98 |
| Singapore Technologies Engineering Ltd | 4.76 |
| IHI Corp | 4.3 |
| Mitsubishi Heavy Industries Ltd | 3.88 |
| Kawasaki Heavy Industries Ltd | 3.83 |
| Remaining Portfolio | 40.21 |
*Holdings are subject to change without notice.
Sector Breakdown
As of 11/13/2026
Name | Weight (%) |
|---|---|
Industrials | 87.92 |
Information Technology | 6 |
Materials | 3.81 |
Consumer Discretionary | 2.27 |
*Sectors are subject to change without notice
Recent Distributions
Ex-Dividend Date | Record Date | Payable Date | Ordinary Income | Short Term Capital Gains | Long Term Capital Gains | Return of Capital | Total Distribution |
|---|---|---|---|---|---|---|---|
| 12/26/2025 | 12/26/2025 | 12/30/2025 | $0.03755 | $0.00000 | $0.00000 | $0.00000 | $0.03755 |
Thought Leadership


Christopher Gannatti, CFA
How DXJ Sustained Its #1 Ranking over the Last 10 Years
Japanese equity returns reflect both stock selection and currency exposure. Christopher Gannatti examines how the WisdomTree Japan Hedged Equity Fund (DXJ) combines an exporter focus, dividend weighting and yen hedging.
- Japan
- International Equities


Christopher Gannatti, CFA
It’s Good to, Still, Be #1
Japan’s equity opportunity spans shareholder payouts, corporate governance reform and investment in artificial intelligence and defense. Christopher Gannatti examines how the WisdomTree Japan Opportunities Fund (OPPJ) brings these themes together through four investment sleeves and dynamic currency hedging.
- Japan
- Geopolitical Opportunities
- International Equities




Samuel Rines, Bradley Krom, Kevin Flanagan
The Results Are in…Now on to 2028
A slower AI buildout could ease financing pressures on technology companies, while reduced trade uncertainty may support equities abroad. Sam Rines, Bradley Krom and Kevin Flanagan assess how the election could affect infrastructure spending, Treasury borrowing and portfolio positioning through 2028.
- Market Outlook
- AI
- U.S. Treasuries
- International Equities
- Geopolitical Opportunities
- Value
- Quality Growth
- Europe
- Japan


Brian Manby, CFA
To Find More Technology and Growth in Developed Equities, Look Beyond Your Borders
Traditional developed international allocations can miss major companies supporting the global AI buildout because Taiwan and South Korea remain outside the MSCI EAFE universe. Brian Manby makes the case for broadening the developed market opportunity set and explains how the WisdomTree True Developed International Fund (DOL) applies that approach within a dividend-focused strategy.
- International Equities
- Dividends
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 potential loss of principal. Foreign investing involves specific risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Funds focusing their investments on certain sectors increase their vulnerability to any single economic or regulatory development. This may result in greater share price volatility. Because the Fund invests primarily in the securities of companies in Asia, the Fund’s performance is expected to be closely tied to social, political, and economic conditions within Asia and to be more volatile than the performance of more geographically diversified funds. Many countries in the region have historically faced political uncertainty, corruption, military intervention, and social unrest. To the extent that such events continue in the future, they can be expected to have an unpredictable effect on economic and securities market conditions in the region and may impact the ability of the Fund to buy, sell or otherwise transfer securities and cause the Fund to decline in value. Investments in non-U.S. securities involve political, regulatory, and economic risks that may not be present in investments in U.S. securities. 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. 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"
- Cost to hedge - Calculated by assessing the interest rate differential between short-term rates in the U.S. and the respective foreign currency. This cost is included into the performance of the fund and is not a separate fee.
- Embedded Income Yield - represents the trailing 12-month dividend yield minus the cost of hedge. This represents the dividend yield adjusted for the cost of hedge and assumed for no change in foreign exchange rates.
- Median Bid/Ask Spread (30-Day Avg.): This figure represents the typical difference between the prices at which a fund can be bought and sold, based on the median of daily bid/ask spreads over the past 30 trading days.
- Dividend Yield - A financial ratio that shows how much a company pays out in dividends each year relative to its share price.
- Gross Buyback Yield - Represents the company’s gross share repurchase over the past year to its market capitalization.
- Net Buyback Yield - Represents the amount of a company’s net share repurchase over the past year to its market capitalization.
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.
