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ETFs

WisdomTree Trust WisdomTree Target Range Fund

GTR
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Oct 7, 2021
Expense Ratio
0.70%
Type
Global Diversified
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$69,507
AUM
$62,273,056
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
US Treasury Bill
71.82%
n/a
SPDR S+P 500 ETF Jan24 340 Call
11.96%
n/a
US Dollar
8.46%
n/a
iShares MSCI EAFE ETF Jan24 61 Call
2.78%
n/a
US Treasury Bill
2.35%
n/a
iShare Russell 2000 ETF Jan24 160 Call
2.15%
n/a
iShares MSCI Emerging Markets Jan24 35 Call
1.02%
n/a
iShares MSCI Emerging Markets Jan24 48 CALL
-0.01%
n/a
iShares MSCI EAFE ETF Jan24 82 Call
-0.01%
n/a
iShares Russell 2000 ETF Jan24 215 Call
-0.02%
Invest with GTR

What is GTR?

The WisdomTree Target Range Fund is an actively managed exchange-traded fund that seeks to provide capital appreciation, with a secondary objective of hedging risk. In general, the Fund is expected to provide similar exposures to the TOPS Global Equity Target Range Index (TOPSGB), a systematic strategy that buys options that are 15% in-the-money (ITM) and sells call options that are 15% out-the-money (OTM), but will not match the Index s returns due to the amount and timing of assets that flow in and out of the Fund.

ETFs related toGTR

ETFs correlated to GTR include XAUG, AVGE, TILT

GTR
WisdomTree Trust - WisdomTree Target Range Fund
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
TILT
FlexShares Trust - FlexShares Morningstar US Market Factors Tilt Index Fund
DFSU
Dimensional ETF Trust - Dimensional US Sustainability Core 1 ETF
DFAC
Dimensional ETF Trust - Dimensional U.S. Core Equity 2 ETF
AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
AVSU
American Century ETF Trust - Avantis Responsible U.S. Equity ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

GTR is a Global Diversified ETF. The WisdomTree Target Range Fund is an actively managed exchange-traded fund that seeks to provide capital appreciation, with a secondary objective of hedging risk. In general, the Fund is expected to provide similar exposures to the TOPS Global Equity Target Range Index (TOPSGB), a systematic strategy that buys options that are 15% in-the-money (ITM) and sells call options that are 15% out-the-money (OTM), but will not match the Index s returns due to the amount and timing of assets that flow in and out of the Fund.

Yes, GTR is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, GTR is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GTR is -0.011%. This is the percent change in the value of GTR over the most recent 1-month period. The 3-month return on GTR is -0.0073%. This is the percent change in the value of GTR over the most recent 3-month period.

The standard deviation of GTR for the past year is 0.0896%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GTR include AOR, DRSK, and FPEI.

ETFs correlated to GTR include XAUG, AVGE, and TILT.

ETFs that are inversely correlated to GTR include SDS, SPXS, and SH.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.