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ETFs

WisdomTree BioRevolution Fund

WDNA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 03 2021
Expense Ratio
0.45%
Type
Global Equities
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$1,816
AUM
$2,437,736
Associated Index
WisdomTree BioRevolution Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

BBIO
BridgeBio Pharma Inc
2.28%
LLY
Lilly(Eli) & Co
1.83%
TWST
Twist Bioscience Corp
1.80%
DNA
Ginkgo Bioworks Holdings Inc - Ordinary Shares - Class A
1.68%
IONS
Ionis Pharmaceuticals Inc
1.45%
VCEL
Vericel Corp
1.42%
AGIO
Agios Pharmaceuticals Inc
1.39%
AMGN
AMGEN Inc.
1.36%
GERN
Geron Corp.
1.35%
NOVN
Novartis AG - Registered Shares
1.33%
Invest with WDNA

What is WDNA?

The WisdomTree BioRevolution Fund ( Fund ) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree BioRevolution Index ( Index ). The Fund employs a passive management or indexing investment approach designed to track the performance of the Index. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole. The Index is designed to provide exposure to equity securities of exchange-listed companies globally that will be significantly transformed byadvancements in genetics and biotechnology. The Index constituents are determined by an Index committee that looks at companies focusing on: the application of genetic technologies to prevent and treat disease; the applications of human genetic technologies to new classes of consumer products personalized for each individual; the transformation of agriculture, aquaculture, and food production, creating healthier and more sustainable models for feeding the growing global population; biological re-engineering used to produce an increasing percentage of the physical inputs needed for manufacturing; and/or DNA as a storage solution (collectively, BioRevolution Activities ).

ETFs related toWDNA

ETFs correlated to WDNA include GNOM, ARKG, IBB

WDNA
WisdomTree Trust - WisdomTree BioRevolution Fund
GNOM
Global X Funds - Global X Genomics & Biotechnology ETF
ARKG
ARK Investment Management LLC - ARK Genomic Revolution ETF
IBB
BlackRock Institutional Trust Company N.A. - iShares Biotechnology ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
XBI
SPDR Series Trust - SPDR Biotech ETF
LABU
Direxion Shares ETF Trust - Direxion Daily S&P Biotech Bull 3X Shares
FBT
First Trust Exchange-Traded Fund III - First Trust NYSE Arca Biotechnology Index Fund
IWO
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 Growth ETF
VTWG
Vanguard Group, Inc. - Vanguard Russell 2000 Growth Index ETF
FYC
First Trust Exchange-Traded Fund III - First Trust Small Cap Growth AlphaDEX Fund

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.

Automated Strategies
Related toWDNA

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with WDNA using Composer

FAQ

WDNA is a Global Equities ETF. The WisdomTree BioRevolution Fund ( Fund ) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree BioRevolution Index ( Index ). The Fund employs a passive management or indexing investment approach designed to track the performance of the Index. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole. The Index is designed to provide exposure to equity securities of exchange-listed companies globally that will be significantly transformed byadvancements in genetics and biotechnology. The Index constituents are determined by an Index committee that looks at companies focusing on: the application of genetic technologies to prevent and treat disease; the applications of human genetic technologies to new classes of consumer products personalized for each individual; the transformation of agriculture, aquaculture, and food production, creating healthier and more sustainable models for feeding the growing global population; biological re-engineering used to produce an increasing percentage of the physical inputs needed for manufacturing; and/or DNA as a storage solution (collectively, BioRevolution Activities ).

WDNA tracks the WisdomTree BioRevolution Index.

No, WDNA is not actively managed. It is passively 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.

Yes, WDNA is passively 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 WDNA is -0.0641%. This is the percent change in the value of WDNA over the most recent 1-month period. The 3-month return on WDNA is -0.1159%. This is the percent change in the value of WDNA over the most recent 3-month period.

The standard deviation of WDNA for the past year is 0.2206%. 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 WDNA include IXJ, SMH, and URA.

ETFs correlated to WDNA include GNOM, ARKG, and IBB.

ETFs that are inversely correlated to WDNA include LABD, SRTY, and TZA.

Disclaimers

*

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.