WisdomTree U.S. AI Enhanced Value Fund
Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.5%
1 yr return
8.3%
3 Yr Avg Return
3.0%
5 Yr Avg Return
5.5%
Net Assets
$377 M
Holdings in Top 10
29.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.38%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AIVL - Profile
Distributions
- YTD Total Return 2.5%
- 3 Yr Annualized Total Return 3.0%
- 5 Yr Annualized Total Return 5.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 2.0%
- Dividend Distribution Frequency Quarterly
Fund Details
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Legal NameWisdomTree U.S. AI Enhanced Value Fund
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Fund Family NameWisdomTree Trust
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Inception DateJun 16, 2006
-
Shares OutstandingN/A
-
Share ClassN/A
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CurrencyUSD
-
Domiciled CountryUS
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ManagerPeg DiOrio
Fund Description
The Fund is actively managed and seeks to achieve its investment objective by investing primarily in equity securities selected from a universe of U.S. equities that exhibit value characteristics (the “Parent Universe”) based on the selection results of a proprietary, quantitative artificial intelligence (“AI”) model developed by Voya Investment Management Co., LLC (“Voya IM” or the “Sub-Adviser”). AI refers to the simulation of human intelligence by machines. Machine learning is a subset of AI that refers to a machine’s ability to learn and improve from experience automatically without being explicitly programmed.
To be eligible for inclusion in the Parent Universe, a company must (i) be listed on a U.S.-based stock exchange, (ii) have a market capitalization of at least $100 million, (iii) have an average daily volume of at least $100,000, and (iv) have an average six months aggregate daily trading volume of 250,000 shares.
The AI model enhances the Fund’s value investing strategy by analyzing a variety of inputs, including company fundamentals and market sentiments, to select equity securities within the Parent Universe that exhibit value characteristics. The AI model seeks to self-identify persistent patterns in company data to identify those it expects to outperform, based on current and historical data spanning more than 20 years, including structured (e.g., financials) and unstructured (e.g., press releases, news articles) data.
The equity securities selected by the AI model typically have a lower price-to-book ratio, a lower price-to-earnings ratio, and greater free cash flow. The AI model is generally updated monthly and typically selects between 60 and 190 equity securities that exhibit strong value characteristics, such as those noted above, and have the greatest potential to achieve income and capital appreciation for inclusion in the Fund. The AI model weights the selected equities based on their overall model scores; however, the AI model limits the weight of any individual company to 6%. The Sub-Adviser oversees the AI model and generally intervenes in limited circumstances to address factors that the Sub-Adviser believes are not incorporated in the AI model, such as responding to corporate actions (e.g., mergers and acquisitions). The Sub-Adviser generally buys and sells equity securities for the Fund on a monthly basis based on the recommendations of the AI model, while also ensuring that the Fund remains in compliance with the Investment Company Act of 1940, as amended (the “1940 Act”) and its rules and regulations.
The Fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of companies that are organized in the U.S., maintain a principal place of business in the U.S., or are traded principally on a U.S. exchange. As of June 30, 2023, companies in the financials, industrials and health care sectors comprised a significant portion (i.e., in excess of 15%) of the Fund’s assets; however, the Fund’s sector exposure may change from time to time.
AIVL - Performance
Return Ranking - Trailing
Period | AIVL Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.5% | -21.2% | 27.4% | 95.17% |
1 Yr | 8.3% | -61.1% | 51.5% | 16.61% |
3 Yr | 3.0%* | -22.7% | 64.3% | 20.17% |
5 Yr | 5.5%* | -17.2% | 29.8% | 9.84% |
10 Yr | 6.5%* | -16.4% | 14.3% | 5.89% |
* Annualized
Return Ranking - Calendar
Period | AIVL Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.5% | -65.1% | 38.0% | 1.15% |
2022 | -9.2% | -25.3% | 29.0% | 99.32% |
2021 | 20.8% | -8.4% | 56.7% | 1.74% |
2020 | -9.5% | -24.3% | 10.4% | 98.30% |
2019 | 20.2% | -9.4% | 21.9% | 0.91% |
Total Return Ranking - Trailing
Period | AIVL Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.5% | -21.2% | 27.4% | 97.70% |
1 Yr | 8.3% | -61.1% | 61.5% | 18.23% |
3 Yr | 3.0%* | -22.7% | 64.3% | 20.57% |
5 Yr | 5.5%* | -16.2% | 32.9% | 12.60% |
10 Yr | 6.5%* | -3.7% | 21.1% | 7.30% |
* Annualized
Total Return Ranking - Calendar
Period | AIVL Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.2% | -65.1% | 38.0% | 1.15% |
2022 | -7.3% | -25.3% | 29.0% | 99.32% |
2021 | 24.3% | -8.4% | 56.7% | 1.74% |
2020 | -5.8% | -24.3% | 10.4% | 98.75% |
2019 | 24.4% | -8.9% | 21.9% | 2.29% |
AIVL - Holdings
Concentration Analysis
AIVL | Category Low | Category High | AIVL % Rank | |
---|---|---|---|---|
Net Assets | 377 M | 390 K | 151 B | 62.07% |
Number of Holdings | 102 | 2 | 1727 | 31.07% |
Net Assets in Top 10 | 111 M | 2.1 K | 32.3 B | 62.57% |
Weighting of Top 10 | 29.55% | 5.0% | 99.2% | 72.89% |
Top 10 Holdings
- Intercontinental Exchange Inc 3.56%
- Otis Worldwide Corp 3.13%
- Abbott Laboratories 3.09%
- Fortive Corp 3.02%
- Medtronic PLC 3.01%
- Exxon Mobil Corp 2.94%
- Nasdaq Inc 2.80%
- Citigroup Inc 2.78%
- Keurig Dr Pepper Inc 2.61%
- PPL Corp 2.60%
Asset Allocation
Weighting | Return Low | Return High | AIVL % Rank | |
---|---|---|---|---|
Stocks | 99.43% | 28.02% | 125.26% | 9.05% |
Cash | 0.57% | -88.20% | 71.98% | 95.67% |
Preferred Stocks | 0.00% | 0.00% | 19.30% | 95.13% |
Other | 0.00% | -2.02% | 26.80% | 93.43% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 94.82% |
Bonds | 0.00% | 0.00% | 80.18% | 95.05% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AIVL % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 27.04% | 47.59% |
Technology | 0.00% | 0.00% | 54.02% | 50.70% |
Real Estate | 0.00% | 0.00% | 90.54% | 77.02% |
Industrials | 0.00% | 0.00% | 42.76% | 21.58% |
Healthcare | 0.00% | 0.00% | 30.77% | 36.34% |
Financial Services | 0.00% | 0.00% | 58.05% | 49.30% |
Energy | 0.00% | 0.00% | 54.00% | 71.12% |
Communication Services | 0.00% | 0.00% | 26.58% | 70.42% |
Consumer Defense | 0.00% | 0.00% | 34.10% | 27.17% |
Consumer Cyclical | 0.00% | 0.00% | 22.74% | 45.11% |
Basic Materials | 0.00% | 0.00% | 21.69% | 15.68% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AIVL % Rank | |
---|---|---|---|---|
US | 99.43% | 24.51% | 121.23% | 36.97% |
Non US | 0.00% | 0.00% | 45.02% | 48.96% |
AIVL - Expenses
Operational Fees
AIVL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.38% | 0.01% | 4.02% | 87.67% |
Management Fee | 0.38% | 0.00% | 1.50% | 16.18% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
AIVL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
AIVL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
AIVL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 488.00% | 87.67% |
AIVL - Distributions
Dividend Yield Analysis
AIVL | Category Low | Category High | AIVL % Rank | |
---|---|---|---|---|
Dividend Yield | 2.02% | 0.00% | 42.27% | 4.53% |
Dividend Distribution Analysis
AIVL | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
AIVL | Category Low | Category High | AIVL % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.51% | 4.28% | 3.89% |
Capital Gain Distribution Analysis
AIVL | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 27, 2024 | $0.495 | OrdinaryDividend |
Dec 28, 2023 | $0.620 | OrdinaryDividend |
Sep 28, 2023 | $0.720 | OrdinaryDividend |
Jun 29, 2023 | $0.560 | OrdinaryDividend |
Mar 30, 2023 | $0.430 | OrdinaryDividend |
Dec 29, 2022 | $0.638 | OrdinaryDividend |
Sep 29, 2022 | $0.575 | OrdinaryDividend |
Jun 29, 2022 | $0.430 | OrdinaryDividend |
Mar 30, 2022 | $0.265 | OrdinaryDividend |
Dec 30, 2021 | $0.641 | OrdinaryDividend |
Nov 29, 2021 | $0.120 | OrdinaryDividend |
Oct 28, 2021 | $0.210 | OrdinaryDividend |
Sep 29, 2021 | $0.415 | OrdinaryDividend |
Aug 30, 2021 | $0.140 | OrdinaryDividend |
Jul 29, 2021 | $0.205 | OrdinaryDividend |
Jun 29, 2021 | $0.455 | OrdinaryDividend |
May 27, 2021 | $0.115 | OrdinaryDividend |
Apr 29, 2021 | $0.210 | OrdinaryDividend |
Mar 30, 2021 | $0.115 | OrdinaryDividend |
Feb 25, 2021 | $0.075 | OrdinaryDividend |
Jan 28, 2021 | $0.075 | OrdinaryDividend |
Jan 05, 2021 | $0.037 | OrdinaryDividend |
Dec 24, 2020 | $0.505 | OrdinaryDividend |
Nov 27, 2020 | $0.165 | OrdinaryDividend |
Oct 30, 2020 | $0.265 | OrdinaryDividend |
Sep 25, 2020 | $0.280 | OrdinaryDividend |
AIVL - Fund Manager Analysis
Managers
Peg DiOrio
Start Date
Tenure
Tenure Rank
Jan 07, 2022
0.39
0.4%
Peg DiOrio, CFA, Portfolio Manager, is the head of quantitative equities at Voya IM and serves as a portfolio manager for the active quantitative strategies. Prior to joining Voya IM in 2012, she was a quantitative analyst with Alliance Bernstein/Sanford C. Bernstein for sixteen years where she was responsible for multivariate and time series analysis for low volatility strategies, global equities, REITs and options. Previously she was a senior investment planning analyst with Sanford C. Bernstein.
Vincent Costa
Start Date
Tenure
Tenure Rank
Jan 07, 2022
0.39
0.4%
Vincent Costa is head of the value and global quantitative equities teams and also serves as a portfolio manager for the active quantitative and fundamental large cap value strategies. Vinnie joined Voya Investment Management (Voya IM) in April 2006 as head of portfolio management for quantitative equity. Prior to joining Voya IM, he managed quantitative equity investments at both Merrill Lynch Investment Management and Bankers Trust Company. He earned a BS in quantitative business analysis from Pennsylvania State University and an MBA in finance from the New York University Stern School of Business, and holds the Chartered Financial Analyst® designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 86.59 | 7.9 | 16.42 |