WisdomTree Reports Monthly Metrics for November 2023
December 11 2023 - 8:00AM
Business Wire
Record AUM of over $98 billion 15% pace of
annualized organic growth $11.16 billion of year-to-date net
inflows WisdomTree Prime™ further expands availability in
additional states
WisdomTree, Inc. (NYSE: WT), a global financial innovator, today
released monthly metrics for November 2023, including assets under
management (AUM) and flow data by asset class.
Monthly Commentary:
- Net inflows in 6 of our 8 major product categories, including
robust strength in higher fee rate Emerging Market Equity
strategies
- $45 million of net outflows driven by profit taking in Gold
products and a risk-on, re-allocation out of the WisdomTree
Floating Rate Treasury Fund
- Record AUM of over $98 billion, $11.16 billion of year-to-date
net inflows and WisdomTree’s 15% annualized pace of year-to-date
net inflows is best-in-class relative to our publicly traded asset
manager peers
- WisdomTree Prime™ expanded its availability in 3 additional
states, and is now available in 36 states, representing 63% of the
U.S. population
As of November 30, 2023
AUM Rollforward ($ in
millions)
Annualized Flow Rate
MTD
QTD
YTD
MTD
QTD
YTD
Beginning of Period Total AUM
$93,909
$93,735
$81,986
Total Net
Flows
U.S. Equity
$85
$219
$1,347
4.1%
5.1%
6.1%
International Dev. Mkt Equity
$38
($6)
$2,840
3.4%
(0.3%)
30.4%
Emerging Market Equity
$148
$144
$1,411
19.6%
9.0%
19.0%
Fixed Income
($259)
$56
$6,711
(14.3%)
1.6%
48.0%
Commodity & Currency
($124)
$103
($1,227)
(7.0%)
3.0%
(6.1%)
Alternatives
$10
$3
$11
38.2%
5.1%
3.8%
Cryptocurrency
$13
$18
$41
53.3%
44.6%
32.7%
Leveraged & Inverse
$45
($26)
$28
31.4%
(8.7%)
1.8%
Total Net Flows
($45)
$511
$11,161
(0.6%)
3.3%
14.9%
Market Move
$4,292
$3,911
$5,009
Current Total AUM
$98,156
$98,156
$98,156
Average Total AUM
$96,744
$95,309
$92,193
Blended Total Average Fee Rate
35 bps
36 bps
Source: https://ir.wisdomtree.com/
Please visit https://ir.wisdomtree.com/ for downloadable
spreadsheets containing detailed AUM and flow data by asset class
and fund broken out by daily, monthly, quarterly and annual
timeframes.
About WisdomTree
WisdomTree is a global financial innovator, offering a
well-diversified suite of exchange-traded products (ETPs), models,
solutions and products leveraging blockchain-enabled technology. We
empower investors and consumers to shape their future and support
financial professionals to better serve their clients and grow
their businesses. WisdomTree is leveraging the latest financial
infrastructure to create products that provide access, transparency
and an enhanced user experience. Building on our heritage of
innovation, we are also developing and have launched
next-generation digital products, services and structures,
including digital or blockchain-enabled mutual funds and tokenized
assets, as well as our blockchain-native digital wallet, WisdomTree
Prime™.*
*The WisdomTree Prime digital wallet and digital asset services
are made available through WisdomTree Digital Movement, Inc. (NMLS
ID: 2372500) in select U.S. jurisdictions and may be limited where
prohibited by law. Visit https://www.wisdomtreeprime.com or the
WisdomTree Prime mobile app for more information.
WisdomTree currently has approximately $97.6 billion in assets
under management globally.
For more information about WisdomTree and WisdomTree Prime™,
visit: https://www.wisdomtree.com.
Please visit us on X, formerly known as Twitter, at
@WisdomTreeNews.
WisdomTree® is the marketing name for WisdomTree, Inc. and its
subsidiaries worldwide.
PRODUCTS AND SERVICES AVAILABLE VIA WISDOMTREE PRIME:
NOT FDIC INSURED | NO BANK GUARANTEE | NOT A BANK DEPOSIT | MAY
LOSE VALUE | NOT SIPC PROTECTED | NOT INSURED BY ANY GOVERNMENT
AGENCY
The products and services available through the WisdomTree Prime
app are not endorsed, indemnified or guaranteed by any regulatory
agency.
Cautionary Statement Regarding Forward-Looking
Statements
This press release may contain a number of “forward-looking
statements” as defined in the Private Securities Litigation Reform
Act of 1995. These forward-looking statements include, but are not
limited to, statements about our ability to achieve our financial
and business plans, goals and objectives and drive stockholder
value, including with respect to our ability to successfully
implement our strategy relating to WisdomTree Prime™, our ability
to continue to make achievements in AUM, levels of net inflows and
other risk factors discussed from time to time in WisdomTree’s
filings with the Securities and Exchange Commission (“SEC”),
including those factors discussed under the caption “Risk Factors”
in our most recent annual report on Form 10-K, filed with the SEC
on February 28, 2023, and in subsequent reports filed with or
furnished to the SEC. These forward-looking statements are based on
WisdomTree’s management’s current expectations, estimates,
projections and beliefs, as well as a number of assumptions
concerning future events. These forward-looking statements are not
guarantees of future performance, conditions or results, and
involve a number of known and unknown risks, uncertainties,
assumptions and other important factors, many of which are outside
WisdomTree’s management’s control, that could cause actual results
to differ materially from the results discussed in the
forward-looking statements. Forward-looking statements included in
this release speak only as of the date of this release. WisdomTree
does not undertake any obligation to update its forward-looking
statements to reflect events or circumstances after the date of
this release except as may be required by the federal securities
laws.
Category: Business Update
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231211630126/en/
Media Relations WisdomTree, Inc. Jessica Zaloom +1.917.267.3735
jzaloom@wisdomtree.com / wisdomtree@fullyvested.com
Investor Relations WisdomTree, Inc. Jeremy Campbell
+1.646.522.2602 Jeremy.Campbell@wisdomtree.com
WisdomTree (NYSE:WT)
Historical Stock Chart
From Apr 2024 to May 2024
WisdomTree (NYSE:WT)
Historical Stock Chart
From May 2023 to May 2024