IQ

WTLS WisdomTree Efficient Long/Short U.S. Equity Fund

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$61.82
+1.5% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

From its Jan 22, 2026 launch to Nov 4, 2026, WTLS returned 22.6%, against 12.2% for VOO.

Why did WTLS return +18.3% from Jan 2026 to Oct 2026, against VOO’s +10.2%?Is a 0.89% fee low for a fund like WTLS?What does WTLS cost to hold and to trade?
Long-short equity fund: owns stocks and sells others short, so part of its exposure to the stock market cancels outWisdomTree ↗Expense ratio 0.89%Fund assets $12m net assets, latest filing (Jun 30, 2026)First traded Jan 22, 2026Benchmark S&P 500 Index, measured by VOO, which tracks the same indexSEC filings ↗Every WisdomTree fund ETFIQ covers

Promise check: Not measuredIts strategy, long-short equity, states no objective ETFIQ can measure.

Compare with…Trading costsPut to the committeeaskIQ about WTLSAdd to portfolioFlowsAlerts

WTLS risk and return scorecard

vs VOO · Jan 2026 to Oct 2026 · 39 weekly returns · dividend-adjusted

Short history · 9 months
WTLS +18.3%, VOO +10.2%, Jan 2026 to Oct 2026, distributions reinvested.

39 weekly returns: annualized numbers and ratios need 52.

Return
MeasureWTLSVOOEdge
Total return+18.3%+10.2%WTLS
Price return+18.3%+9.2%WTLS
Risk
MeasureWTLSVOOEdge
Max drawdown−7.0%−8.1%WTLS
Alpha vs VOO
MeasureWTLSVOOEdge
Beta to VOO1.051.00Higher beta

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · Jun 30, 2026
Since Jan 2026
+$9.9m
askIQ: what do these flows mean? ↗

What you earned

WTLS −0.7%, VOO −1.1%: total return over one month to Nov 4, 2026.
WTLS−0.7%
VOO−1.1%
WTLS −2.6%, VOO −0.1%: total return over three months to Nov 4, 2026.
WTLS−2.6%
VOO−0.1%
WTLS +9.0%, VOO +5.0%: total return over six months to Nov 4, 2026.
WTLS+9.0%
VOO+5.0%
WTLS +22.6%, VOO +12.2%: total return since launch to Nov 4, 2026.
WTLS+22.6%
VOO+12.2%
askIQ: why did WTLS return +22.6% since launch, against VOO’s +12.2%? ↗

How concentrated, and what does it cost?

+22.6%
Total return since launch
Report
+12.2%
S&P 500 over the same days
Report
+10.4 pts
Against its own benchmark
Report
199
Days it has traded
Report
Sector mix
Cost against like funds
askIQ: is a 0.89% fee low for a fund like WTLS? ↗

More on WTLS

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Price since launch, Jan 22, 2026

$61.82+1.5%1 day, priceClose, Nov 4, 2026

Price only. No distribution was paid over these days, so total return is the same. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error

WTLS returns by window: total return, cash paid and price change
WindowTotal returnBenchmark (VOO)Gap to VOO
1M Oct 5 – Nov 4, 2026−0.7%−1.1%+0.4 pts
3M Aug 5 – Nov 4, 2026−2.6%−0.1%−2.5 pts
6M May 6 – Nov 4, 2026+9.0%+5.0%+4.0 pts
Since launch Jan 22 – Nov 4, 2026+22.6%+12.2%+10.4 pts

Total returns, distributions reinvested. Listed Jan 2026: no year to date, 1 year and 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

Money in and out

Monthly data · as of Jun 30, 2026

WTLS: in the month to Jun 30, 2026, nothing net moved, by its SEC filing.

Since Jan 2026
+$9.9m
Jan 1, 2026 to Jun 30, 2026
monthly, from SEC filings

Computed by ETFIQ from the monthly sales and redemptions WTLS files with the SEC on Form N-PORT.

How this is computed

ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Jun 2026. Every day and month ETFIQ holds for WTLS, back to Jan 2026, is in its flows file. Flows across every fund · How these flows are computed · Compare WTLS with other funds in the flows tool

Month by month, money in and money outJan 2026 to Jun 2026

WTLS, money in and money out each month from Jan 2026 to Jun 2026: two bars a month, money in above the line and money out below. Every bar is from WTLS’s SEC filings (N-PORT item B.6). Of the 6 months listed, money came in on net in 2 and went out in 1.

Every bar is from WTLS’s SEC filings (N-PORT item B.6). Of the 6 months listed, money came in on net in 2 and went out in 1.

MonthInOutNet
Jun 2026 SEC Form N-PORT$0$0$0
May 2026 SEC Form N-PORT$0$0$0
Apr 2026 SEC Form N-PORT+$622−$4.4m−$4.4m
Mar 2026 SEC Form N-PORT$0$0$0
Feb 2026 SEC Form N-PORT+$12.3m$0+$12.3m
Jan 2026 SEC Form N-PORT+$2.0m−$100+$2.0m

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Jun 30, 2026. Updated when the fund files its next report.

WTLS key stats

High since Jan 22, 2026, daily closes to Nov 4, 2026 (ETFIQ)$63.53 on Oct 13, 2026
Low since Jan 22, 2026, daily closes to Nov 4, 2026 (ETFIQ)$47.71 on Mar 30, 2026
Close on Nov 4, 2026, within that range (ETFIQ)$61.82, 89% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Sep 14, 2026
Trading · WTLSas of Sep 14, 2026
·
Not scored1 of 6 measured · Sep 14, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

WTLS for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
WTLS interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

WTLS is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work

About WTLS

IssuerWisdomTree
Strategy (ETFIQ, from its prospectus)Long-short equity
Expense ratio (485BPOS XBRL, Oct 28, 2026)0.89%Report
Net assets (SEC N-PORT, whole fund, as filed for Jun 30, 2026)$12mReport
Benchmark (ETFIQ, from its filings)S&P 500 Index, measured by VOO, which tracks the same index
Benchmark named inits shareholder report, N-CSR, Sep 3, 2026
When stocks fellS&P 500 −4.9% in March 2026; WTLS −4.3%
Weekly correlation with the S&P 500not measured, as it has fewer than 52 weeks of closes
First tradedJan 22, 2026
Days traded199
Quotedon an exchange, every trading day
How we measure
Weekly closes from Tiingo with distributions reinvested, 52 weeks to the same date for the fund, SPY and BIL. ETFIQ calculation. Method
IQ Investment Committee on WTLS

12 seats on WTLS, as of Nov 4, 2026: 1 Supports, 2 Challenges, 8 Not enough data, 1 Does not apply.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherNot enough data
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityDoes not apply
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingSupports
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatNot enough data
Put WTLS to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about WTLS

What does WTLS cost?
The prospectus expense ratio is 0.89% a year.
Why is WTLS listed as long-short equity?
ETFIQ files each fund by what its own prospectus says it does, and WTLS’s, filed Oct 28, 2026, describes a long-short equity fund.
Sources and dates
Prices, WTLS and Benchmark (VOO)Prices, Tiingo end of day ↗
Fee, 0.89%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $12mSEC N-PORT, whole fund · Jun 30, 2026
SourceProspectus the strategy was read from (SEC) ↗
IssuerWisdomTree website ↗
All fund filingsFund filings on SEC EDGAR ↗
WisdomTree’s own site ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, WTLS, alternatives ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/wtls

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Correlation
How closely the fund’s weekly returns moved with the S&P 500’s over the last year, from −1 to 1. At 1 the two rise and fall together, at 0 there is no pattern, and below 0 the fund tended to move the other way.
Beta
How far the fund moved, on average, for each 1% move in the S&P 500 over the same weeks. At 0.3 it moved about 0.3% the same way; below 0 it moved the other way.
Down week
A week in which the S&P 500 fell, measured through SPY with dividends reinvested. A week that ended exactly level is not a down week.
Down-week capture
The fund’s average return in the S&P 500’s down weeks as a share of the index’s own average in those weeks. At 100% it fell as much, at 50% half as much, and below zero it rose. It is weekly and covers one year, so it is not the same number as Morningstar’s downside capture.
Against T-bills
The fund’s total return minus a short Treasury bill fund’s (BIL) over the same year, in percentage points. A fund can steady a portfolio and still earn less than cash.
Full definitions: alternatives ETFs vocabulary page. →
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