WisdomTree (WT)
Market Price (12/26/2025): $12.565 | Market Cap: $1.8 BilSector: Financials | Industry: Asset Management & Custody Banks
WisdomTree (WT)
Market Price (12/26/2025): $12.565Market Cap: $1.8 BilSector: FinancialsIndustry: Asset Management & Custody Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.5%, FCF Yield is 7.1% | Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 15% | Key risksWT key risks include [1] significant volatility and regulatory hurdles from its strategic focus on digital assets, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27% | ||
| Low stock price volatilityVol 12M is 32% | ||
| Megatrend and thematic driversMegatrends include Digital Asset Revolution, and Next-Gen Investment Solutions. Themes include Digital Asset ETPs, Thematic ETF Innovation, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.5%, FCF Yield is 7.1% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27% |
| Low stock price volatilityVol 12M is 32% |
| Megatrend and thematic driversMegatrends include Digital Asset Revolution, and Next-Gen Investment Solutions. Themes include Digital Asset ETPs, Thematic ETF Innovation, Show more. |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 15% |
| Key risksWT key risks include [1] significant volatility and regulatory hurdles from its strategic focus on digital assets, Show more. |
Why The Stock Moved
Qualitative Assessment
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Here are the key points for why WisdomTree (WT) stock moved by -7.6% for the approximate time period from August 31, 2025, to today: 1. Significant Outflows in October 2025. WisdomTree experienced nearly $2.3 billion in outflows in October 2025. These outflows were primarily attributed to $1.3 billion from fixed income products, stemming from a single institutional account, and $1.2 billion from commodity products, largely due to profit-taking in gold following a substantial year-to-date rise in spot gold prices.2. Large Institutional Selling by Azora Capital LP. Around December 10, 2025, Azora Capital LP sold approximately 1,999,782 shares of WisdomTree. Based on the stock price of $11.68 on December 10, 2025, this transaction amounted to roughly $23.3 million, indicating a significant divestment by a major institutional investor.
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Stock Movement Drivers
Fundamental Drivers
The -11.0% change in WT stock from 9/25/2025 to 12/25/2025 was primarily driven by a -35.0% change in the company's P/E Multiple.| 9252025 | 12252025 | Change | |
|---|---|---|---|
| Stock Price ($) | 14.10 | 12.55 | -11.02% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 444.57 | 457.02 | 2.80% |
| Net Income Margin (%) | 16.25% | 21.10% | 29.85% |
| P/E Multiple | 27.94 | 18.17 | -34.97% |
| Shares Outstanding (Mil) | 143.08 | 139.58 | 2.44% |
| Cumulative Contribution | -11.07% |
Market Drivers
9/25/2025 to 12/25/2025| Return | Correlation | |
|---|---|---|
| WT | -11.0% | |
| Market (SPY) | 4.9% | 40.1% |
| Sector (XLF) | 4.2% | 41.3% |
Fundamental Drivers
The 13.5% change in WT stock from 6/26/2025 to 12/25/2025 was primarily driven by a 33.8% change in the company's Net Income Margin (%).| 6262025 | 12252025 | Change | |
|---|---|---|---|
| Stock Price ($) | 11.06 | 12.55 | 13.50% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 438.98 | 457.02 | 4.11% |
| Net Income Margin (%) | 15.77% | 21.10% | 33.81% |
| P/E Multiple | 22.78 | 18.17 | -20.24% |
| Shares Outstanding (Mil) | 142.58 | 139.58 | 2.10% |
| Cumulative Contribution | 13.45% |
Market Drivers
6/26/2025 to 12/25/2025| Return | Correlation | |
|---|---|---|
| WT | 13.5% | |
| Market (SPY) | 13.1% | 51.0% |
| Sector (XLF) | 8.0% | 47.3% |
Fundamental Drivers
The 18.7% change in WT stock from 12/25/2024 to 12/25/2025 was primarily driven by a 47.2% change in the company's Net Income Margin (%).| 12252024 | 12252025 | Change | |
|---|---|---|---|
| Stock Price ($) | 10.57 | 12.55 | 18.70% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 407.88 | 457.02 | 12.05% |
| Net Income Margin (%) | 14.33% | 21.10% | 47.19% |
| P/E Multiple | 26.03 | 18.17 | -30.20% |
| Shares Outstanding (Mil) | 143.93 | 139.58 | 3.02% |
| Cumulative Contribution | 18.59% |
Market Drivers
12/25/2024 to 12/25/2025| Return | Correlation | |
|---|---|---|
| WT | 18.7% | |
| Market (SPY) | 15.8% | 69.7% |
| Sector (XLF) | 14.9% | 67.4% |
Fundamental Drivers
The 143.5% change in WT stock from 12/26/2022 to 12/25/2025 was primarily driven by a 122.1% change in the company's P/E Multiple.| 12262022 | 12252025 | Change | |
|---|---|---|---|
| Stock Price ($) | 5.15 | 12.55 | 143.54% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 307.21 | 457.02 | 48.76% |
| Net Income Margin (%) | 29.35% | 21.10% | -28.12% |
| P/E Multiple | 8.18 | 18.17 | 122.11% |
| Shares Outstanding (Mil) | 143.12 | 139.58 | 2.47% |
| Cumulative Contribution | 143.39% |
Market Drivers
12/26/2023 to 12/25/2025| Return | Correlation | |
|---|---|---|
| WT | 90.2% | |
| Market (SPY) | 48.3% | 58.7% |
| Sector (XLF) | 52.6% | 57.4% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| WT Return | 14% | 17% | -9% | 30% | 54% | 21% | 191% |
| Peers Return | 15% | 34% | -22% | 9% | 9% | 26% | 80% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 115% |
Monthly Win Rates [3] | |||||||
| WT Win Rate | 58% | 33% | 50% | 75% | 50% | 50% | |
| Peers Win Rate | 60% | 65% | 42% | 43% | 62% | 62% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| WT Max Drawdown | -58% | -2% | -22% | 0% | -4% | -27% | |
| Peers Max Drawdown | -42% | -3% | -40% | -17% | -14% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: BLK, STT, IVZ, BEN, TROW.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/24/2025 (YTD)
How Low Can It Go
| Event | WT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -35.6% | -25.4% |
| % Gain to Breakeven | 55.3% | 34.1% |
| Time to Breakeven | 250 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -60.4% | -33.9% |
| % Gain to Breakeven | 152.5% | 51.3% |
| Time to Breakeven | 278 days | 148 days |
| 2018 Correction | ||
| % Loss | -65.5% | -19.8% |
| % Gain to Breakeven | 189.5% | 24.7% |
| Time to Breakeven | 2,112 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -35.3% | -56.8% |
| % Gain to Breakeven | 54.5% | 131.3% |
| Time to Breakeven | 30 days | 1,480 days |
Compare to VRTS, SLRC, DHIL, GEG, BLKS
In The Past
WisdomTree's stock fell -35.6% during the 2022 Inflation Shock from a high on 6/3/2021. A -35.6% loss requires a 55.3% gain to breakeven.
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- An ETF asset manager, similar to a more focused iShares (BlackRock) or Vanguard.
- A specialized ETF provider, akin to a smaller Invesco or State Street (SPDR), known for its unique strategies.
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```html- Exchange-Traded Funds (ETFs): WisdomTree offers a wide array of ETFs across various asset classes, investment strategies, and geographies, providing investors with diversified exposure and transparent investment vehicles.
- Model Portfolios: These are curated, professionally managed portfolios composed of WisdomTree ETFs, designed to meet specific investor objectives such such as income generation, growth, or capital preservation.
- Digital Asset Products: The company provides investment exposure to digital assets through products like cryptocurrency ETPs (Exchange Traded Products) and its digital asset platform, WisdomTree Prime.
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WisdomTree (WT) primarily serves a broad base of investors, including individuals and institutions, typically through various distribution channels. While individuals are often the ultimate holders of WisdomTree's products, the company's sales and marketing efforts are also heavily directed at intermediaries and institutional clients.
Given that its products (ETFs) are distributed through financial intermediaries and stock exchanges, WisdomTree does not have a small number of "major customer companies" that directly purchase its products in the traditional B2B sense. Instead, its "customers" are best described by the categories of investors and professionals who utilize its offerings.
Therefore, describing the categories of customers it serves is more appropriate:
-
Individual Investors (Retail Investors): These are self-directed investors who purchase WisdomTree Exchange Traded Funds (ETFs) through online brokerage platforms (e.g., Charles Schwab, Fidelity, Vanguard, Robinhood). While WisdomTree does not directly sell to each individual, their products are designed for and ultimately held by these investors.
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Financial Professionals: This category includes Registered Investment Advisors (RIAs), independent financial planners, and representatives of broker-dealers. These professionals choose to allocate their clients' assets into WisdomTree ETFs as part of the portfolios they manage on behalf of individual and smaller institutional clients. They are key decision-makers and distribution partners for WisdomTree.
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Institutional Investors: This group comprises larger entities such as pension funds, endowments, foundations, corporate treasuries, and other asset managers. These institutions invest directly in WisdomTree ETFs for their own portfolios or for their beneficiaries, often holding significant positions.
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- The Bank of New York Mellon Corporation (BK)
- S&P Global Inc. (SPGI)
- PricewaterhouseCoopers LLP
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Jonathan Steinberg | Founder, Chief Executive Officer and Director
Jonathan Steinberg founded WisdomTree (originally Financial Data Systems, Inc.) in 1985 and has served as CEO since October 1988. He is responsible for the creation and development of WisdomTree's proprietary index methodology. Prior to establishing WisdomTree, he founded and served as Chairman and CEO of Individual Investor Group, Inc., and was Editor-in-Chief of Individual Investor and Ticker magazines. He also worked as an analyst in the Mergers and Acquisitions Department of Bear, Stearns & Co. Inc. from 1986 to 1988. Steinberg is the author of "Midas Investing."
Bryan Edmiston | Chief Financial Officer
Bryan Edmiston has served as WisdomTree's Chief Financial Officer since June 2021. Before this role, he was Chief Accounting Officer from April 2018 to May 2021 and Director – Financial Reporting and Accounting Policy from September 2016 to May 2021 at WisdomTree. Prior to joining WisdomTree, Mr. Edmiston was a Managing Director responsible for Accounting Policy and SEC Reporting at Gleacher & Company, Inc. from December 2009, and later served as Controller and Principal Accounting Officer of Gleacher from August 2011 to September 2016. He also held the position of Senior Manager within the Banking & Capital Markets Assurance Practice at PricewaterhouseCoopers LLP from September 1997 to December 2009. He is a Certified Public Accountant.
R. Jarrett Lilien | President and Chief Operating Officer
R. Jarrett Lilien has served as President and Chief Operating Officer of WisdomTree since September 2019. He was previously Executive Vice President and Head of Emerging Technologies at WisdomTree from November 2017 to September 2019, and a member of WisdomTree's Board of Directors from November 2008 to December 2017. Prior to WisdomTree, Mr. Lilien founded Bendigo Partners, LLC in 2008, a financial services-focused venture capital investing and advisory services firm, where he was Managing Partner. He served as CEO of Kapitall Inc., an online investing platform, from September 2012 to July 2014. From 2003 to 2008, he was President and Chief Operating Officer of E*TRADE Financial Corporation, and earlier was President and Chief Brokerage Officer at E*TRADE Securities. He also co-founded TIR Securities, a global institutional broker, which E*TRADE acquired in 1999.
Jeremy Schwartz | Global Chief Investment Officer
Jeremy Schwartz has served as WisdomTree's Global Chief Investment Officer since November 2021, leading the company's investment strategy team. He joined WisdomTree in May 2005 as a Senior Analyst and has held various research leadership roles, including Director of Research and Global Head of Research. Before joining WisdomTree, he was a head research assistant for Professor Jeremy Siegel at Wharton and co-authored "Stocks for the Long Run" with him. He received his B.S. in Economics from The Wharton School of the University of Pennsylvania.
David Yates | Chief Information Officer
David Yates has served as WisdomTree's Chief Information Officer since April 2015, overseeing global technology infrastructure, cybersecurity, information management, and software engineering. Before joining WisdomTree, he worked at McKinsey & Company from October 2009 to March 2015, most recently as an Associate Principal, where he advised investment management and insurance clients on strategic technology and operations issues. His prior experience includes leading multinational technology delivery programs at Accenture Plc and holding various technology roles at the Bank of England.
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The key risks to WisdomTree's business include intense competition, market volatility and regulatory changes, and challenges in attracting and retaining client assets.
- Intense Competition: WisdomTree operates in a fiercely competitive financial services sector, facing challenges from both established players and innovative newcomers. These competitors often possess significant resources, extensive product offerings, and well-established distribution networks. This competitive landscape, particularly the rise of low-cost investment options and large asset managers, can constrain WisdomTree's revenue growth and its ability to maintain premium pricing for its products.
- Market Volatility and Regulatory Changes: WisdomTree is exposed to sector-specific risks such as market volatility and evolving regulatory landscapes. The company's share price exhibits moderate volatility compared to the S&P 500. Furthermore, its strategic focus on new areas like digital assets and blockchain technology introduces significant risk and volatility to earnings, especially given tightening regulatory conditions and heightened scrutiny in the digital asset space. Changes in investor demand or new regulatory hurdles for digital assets could undermine growth forecasts.
- Challenges in Attracting and Retaining Client Assets: WisdomTree has faced difficulties in attracting and retaining client assets, evidenced by significant net outflows from its commodity, currency, and fixed income products. These outflows, totaling approximately $1.5 billion from commodity and currency products, and ongoing withdrawals from fixed income strategies, highlight investor hesitation amidst economic uncertainties and raise concerns about the firm's overall asset management stability.
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The clear emerging threat for WisdomTree is the increasing adoption and technological advancement of Direct Indexing.
Direct indexing allows investors to own the individual stocks that comprise an index, rather than buying an index fund or ETF. This approach offers several advantages, particularly for tax-managed portfolios, as it enables highly personalized tax-loss harvesting, customization (e.g., ESG overlays, factor tilts), and granular control over individual holdings. As technology makes direct indexing more accessible and cost-effective for a broader range of investors, it directly competes with and could potentially siphon assets from broad-market and factor-based Exchange Traded Funds (ETFs), which form a significant portion of WisdomTree's product offerings. This mirrors the historical threats where new, technologically-enabled solutions offered superior or more convenient alternatives to existing products.
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WisdomTree (WT) operates in several key markets with substantial addressable market sizes:
-
Exchange-Traded Products (ETPs) / Exchange-Traded Funds (ETFs):
- Globally, the ETF industry reached a record $17.85 trillion in assets under management (AUM) as of August 2025. Projections suggest the global ETF market could reach at least $26 trillion by June 2029, with some estimates even predicting it to double to $30 trillion by 2030.
- In the U.S., the ETF market held approximately $9 trillion in assets as of May 2024, representing nearly 70% of the global ETF AUM.
- The European ETF market (EMEA) had nearly €2.0 trillion (approximately $2.1 trillion) in assets as of May 2024.
-
Digital Asset-Related Products and Blockchain Technology-Driven Services:
- The global FinTech digital asset market, which encompasses tokenized assets and blockchain-enabled financial services, was valued at $2.08 trillion in 2023. This market is projected to experience significant growth, reaching an estimated $9.05 trillion by the end of 2032.
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WisdomTree (WT) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
- Growth in Assets Under Management (AUM) and Organic Inflows: WisdomTree consistently highlights robust AUM growth and strong net inflows as primary revenue drivers. The company reported record global AUM of $137.2 billion in Q3 2025, fueled by significant organic growth and favorable market conditions. In the same quarter, global net inflows reached $2.2 billion, contributing to a year-to-date total of $8.8 billion. Similarly, Q1 2025 saw record AUM of $115.8 billion and $3 billion in net inflows.
- Expansion in Digital Assets and Blockchain-Enabled Finance: A core strategic focus for WisdomTree is its investment in digital assets and blockchain technology. This includes the development and expansion of its WisdomTree Prime retail app and WisdomTree Connect institutional platform, alongside the launch of new digital funds and a focus on tokenized real-world assets (RWAs) and stablecoins. In Q2 2025, digital assets AUM doubled to $350 million. WisdomTree was recently recognized for "Best Crypto Wallet" for WisdomTree Prime and offers the largest lineup of tokenized funds on public blockchains. The company also made a strategic minority investment in AlphaBeta ETF Ltd to advance AI-driven ETF innovation.
- Strategic Product Launches and Diversification: WisdomTree is expanding its product offerings and geographic reach. This includes significant growth in the European market, which achieved record AUM of $48.3 billion in Q3 2025. The firm has introduced new funds, such as the European Defense Fund, which garnered $770 million in net inflows in Q1 2025. Furthermore, WisdomTree expanded into the alternatives space with the acquisition of Ceres Partners, a U.S. farmland investment manager, in Q2 2025.
- Growth of Model Portfolios: WisdomTree views its Model Portfolios as a crucial driver of sustainable organic growth. For 2025, the company projected annual growth of 25% to 30% in Model users and 35% to 40% in Model assets, indicating a significant expected contribution to future revenue.
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Share Repurchases
- WisdomTree's Board of Directors approved an increase of $190.0 million to its share repurchase program in October 2025, bringing the total authorization to $250.0 million, expiring on April 27, 2028.
- In Q3 2025, the company repurchased approximately 6.8 million shares of its common stock for $90.0 million.
- The company completed the repurchase of 29,038,866 shares for $224.82 million under a long-term buyback program.
Share Issuance
- In August 2025, WisdomTree issued $475.0 million in aggregate principal amount of 4.625% convertible senior notes due 2030, with a conversion price of $19.15 per share.
Outbound Investments
- WisdomTree completed the acquisition of Ceres Partners, LLC in October 2025 for $275.0 million in cash, plus a potential earnout of up to $225.0 million.
- In November 2025, the company made a strategic minority investment in AlphaBeta ETF Ltd to advance AI-driven ETF innovation.
- In June 2025, WisdomTree closed a strategic minority investment and initiated a multi-year collaboration with Quorus Inc., a technology-driven asset manager.
Capital Expenditures
- WisdomTree's expected discretionary spending for the full year 2025 is projected to be between $68 million and $72 million.
- The company's updated discretionary spending guidance for the full year 2024 was narrowed to $62 million to $65 million.
- The primary focus of discretionary spending includes marketing for WisdomTree Prime and other growth initiatives.
Latest Trefis Analyses
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Trade Ideas
Select ideas related to WT. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WU | Western Union | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 13.8% | 13.8% | -0.4% |
| 11212025 | COIN | Coinbase Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -0.3% | -0.3% | -0.5% |
| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -4.4% | -4.4% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 7.6% | 7.6% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -11.2% | -11.2% | -12.1% |
Research & Analysis
Invest in Strategies
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Peer Comparisons for WisdomTree
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 65.95 |
| Mkt Cap | 17.7 |
| Rev LTM | 7,988 |
| Op Inc LTM | 1,100 |
| FCF LTM | 1,041 |
| FCF 3Y Avg | 1,031 |
| CFO LTM | 1,226 |
| CFO 3Y Avg | 1,192 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.9% |
| Rev Chg 3Y Avg | 3.3% |
| Rev Chg Q | 9.6% |
| QoQ Delta Rev Chg LTM | 2.4% |
| Op Mgn LTM | 33.7% |
| Op Mgn 3Y Avg | 30.1% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 19.7% |
| CFO/Rev 3Y Avg | 21.8% |
| FCF/Rev LTM | 16.7% |
| FCF/Rev 3Y Avg | 18.6% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Exchange-traded products (ETP) sponsor and asset manager | 349 | ||||
| Advisory fees | 294 | 298 | 246 | 266 | |
| Other revenues | 8 | 6 | 4 | 3 | |
| Total | 349 | 301 | 304 | 250 | 268 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Exchange-traded products (ETP) sponsor and asset manager | 87 | ||||
| Total | 87 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Exchange-traded products (ETP) sponsor and asset manager | 103 | ||||
| Total | 103 |
Price Behavior
| Market Price | $12.55 | |
| Market Cap ($ Bil) | 1.8 | |
| First Trading Date | 01/12/2009 | |
| Distance from 52W High | -14.2% | |
| 50 Days | 200 Days | |
| DMA Price | $11.77 | $11.37 |
| DMA Trend | up | down |
| Distance from DMA | 6.6% | 10.4% |
| 3M | 1YR | |
| Volatility | 25.2% | 31.8% |
| Downside Capture | 116.26 | 115.57 |
| Upside Capture | 35.51 | 115.86 |
| Correlation (SPY) | 40.4% | 69.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.99 | 0.93 | 1.02 | 1.47 | 1.15 | 1.00 |
| Up Beta | 0.73 | 1.36 | 1.17 | 1.20 | 1.06 | 0.96 |
| Down Beta | -0.27 | 0.48 | 0.66 | 1.59 | 1.24 | 1.14 |
| Up Capture | 80% | -0% | 33% | 156% | 110% | 98% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 9 | 16 | 25 | 67 | 124 | 373 |
| Down Capture | 146% | 166% | 170% | 150% | 116% | 97% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 11 | 25 | 34 | 54 | 119 | 351 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of WT With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| WT | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 20.8% | 18.3% | 19.2% | 71.9% | 8.9% | 6.0% | -10.1% |
| Annualized Volatility | 31.7% | 19.0% | 19.5% | 19.3% | 15.3% | 17.1% | 35.0% |
| Sharpe Ratio | 0.62 | 0.75 | 0.78 | 2.69 | 0.36 | 0.18 | -0.12 |
| Correlation With Other Assets | 67.4% | 69.6% | 3.5% | 22.7% | 49.7% | 35.6% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of WT With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| WT | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 23.0% | 16.3% | 14.9% | 18.7% | 11.7% | 4.8% | 32.7% |
| Annualized Volatility | 32.3% | 18.9% | 17.1% | 15.5% | 18.7% | 18.9% | 48.7% |
| Sharpe Ratio | 0.70 | 0.72 | 0.70 | 0.97 | 0.51 | 0.17 | 0.60 |
| Correlation With Other Assets | 57.6% | 54.6% | 7.5% | 15.7% | 41.7% | 28.6% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of WT With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| WT | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -1.1% | 13.0% | 14.7% | 14.9% | 6.9% | 5.2% | 69.3% |
| Annualized Volatility | 43.8% | 22.3% | 18.0% | 14.8% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.13 | 0.54 | 0.70 | 0.83 | 0.31 | 0.22 | 0.90 |
| Correlation With Other Assets | 62.4% | 55.8% | -5.4% | 25.3% | 43.4% | 17.0% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/31/2025 | 3.3% | 0.7% | -5.5% |
| 7/31/2025 | -6.9% | -1.8% | 2.8% |
| 5/2/2025 | 4.6% | 7.4% | 8.9% |
| 1/31/2025 | -0.3% | -2.2% | -7.5% |
| 10/25/2024 | 0.9% | -0.3% | 15.9% |
| 7/26/2024 | 6.4% | 6.6% | -6.0% |
| 4/26/2024 | -1.4% | 3.4% | 13.1% |
| 2/2/2024 | 0.7% | 2.8% | 19.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 15 | 15 |
| # Negative | 12 | 9 | 9 |
| Median Positive | 1.3% | 3.4% | 5.3% |
| Median Negative | -2.2% | -3.3% | -3.5% |
| Max Positive | 6.4% | 9.9% | 20.2% |
| Max Negative | -6.9% | -8.0% | -7.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11062025 | 10-Q 9/30/2025 |
| 6302025 | 8062025 | 10-Q 6/30/2025 |
| 3312025 | 5092025 | 10-Q 3/31/2025 |
| 12312024 | 2262025 | 10-K 12/31/2024 |
| 9302024 | 11072024 | 10-Q 9/30/2024 |
| 6302024 | 8022024 | 10-Q 6/30/2024 |
| 3312024 | 5072024 | 10-Q 3/31/2024 |
| 12312023 | 2232024 | 10-K 12/31/2023 |
| 9302023 | 11082023 | 10-Q 9/30/2023 |
| 6302023 | 8042023 | 10-Q 6/30/2023 |
| 3312023 | 5092023 | 10-Q 3/31/2023 |
| 12312022 | 2282023 | 10-K 12/31/2022 |
| 9302022 | 11042022 | 10-Q 9/30/2022 |
| 6302022 | 8052022 | 10-Q 6/30/2022 |
| 3312022 | 5052022 | 10-Q 3/31/2022 |
| 12312021 | 2252022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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