WisdomTree Reports Monthly Metrics for June 2024
Record Assets Under Management
Favorable fee mix
Monthly Commentary:
-
WisdomTree generated
$332 million of net inflows in June, including positive flows into 7 of our 8 major product categories, driving total AUM to nearly$110 billion - Favorable flow mix into higher fee products expanded total average fee rate to 37bps in Q2
-
WisdomTree’s
U.S. listed ETFs and offshore UCITS ETF suite generated a combined$463 million of net inflows during the month and have gathered over$4.2 billion of net inflows year-to-date in 2024 (an 11% annualized pace of year-to-date organic growth) -
WisdomTree’s tactical offerings,
European Commodities & Currencies and Leveraged & Inverse product suites, which tend to have a more volatile flow profile, accounted for~$165 million of net outflows in June -
Including the launch in
Hawaii , WisdomTree Prime® is now available to nearly 79% of theU.S. population
As of |
AUM Rollforward
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Annualized Flow Rate |
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MTD |
QTD |
YTD |
MTD |
QTD |
YTD |
Beginning of Period Total AUM |
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Total Net Flows |
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1.0% |
2.8% |
5.2% |
International Dev. Mkt Equity |
|
|
|
18.1% |
27.8% |
38.0% |
Emerging Market Equity |
|
|
|
13.3% |
2.0% |
5.1% |
Fixed Income |
|
|
|
2.9% |
4.5% |
2.1% |
Commodity & Currency |
( |
( |
( |
(9.5%) |
(27.5%) |
(18.5%) |
Alternatives |
|
|
|
28.7% |
14.6% |
9.8% |
Cryptocurrency |
|
|
|
1.2% |
34.5% |
113.5% |
Leveraged & Inverse |
|
( |
( |
6.8% |
(4.0%) |
(7.6%) |
Total Net Flows |
|
|
|
3.7% |
1.3% |
4.7% |
Market Move |
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Current Total AUM |
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Average Total AUM |
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Blended Total Average |
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37 bps |
36 bps |
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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 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 currently has approximately
For more information about WisdomTree and WisdomTree Prime, visit: https://www.wisdomtree.com.
Please visit us on X at @WisdomTreeNews.
WisdomTree® is the marketing name for
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
Category: Business Update
View source version on businesswire.com: https://www.businesswire.com/news/home/20240710513326/en/
Media Relations
+1.917.267.3735
jzaloom@wisdomtree.com
+1.917.267.3798
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Investor Relations
+1.917.267.3859
Jeremy.Campbell@wisdomtree.com
Source: