WisdomTree Reports Monthly Metrics for November 2023

Rhea-AI Summary

WisdomTree, Inc. (WT) achieved record AUM of over $98 billion with a 15% annualized pace of year-to-date net inflows, totaling $11.16 billion. The company also expanded the availability of WisdomTree Prime™ in 3 additional states, now covering 63% of the U.S. population.

Positive

• Record AUM and strong net inflows indicate positive investor sentiment
• 15% annualized pace of net inflows outperforms publicly traded asset manager peers

Negative

• $45 million of net outflows in Gold products and WisdomTree Floating Rate Treasury Fund indicate profit taking and re-allocation away from these assets

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

NEW YORK--(BUSINESS WIRE)-- 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

Source: WisdomTree, Inc.

FAQ

What is WisdomTree, Inc.'s (WT) AUM?

WisdomTree, Inc. (WT) achieved record AUM of over $98 billion.

What is the pace of year-to-date net inflows for WisdomTree, Inc. (WT)?

WisdomTree, Inc. (WT) achieved a 15% annualized pace of year-to-date net inflows, totaling $11.16 billion.

What is the availability of WisdomTree Prime™ for WisdomTree, Inc. (WT)?

WisdomTree Prime™ expanded its availability in 3 additional states, now covering 63% of the U.S. population.

What are the positive aspects of WisdomTree, Inc.'s (WT) monthly metrics?

The record AUM and strong net inflows indicate positive investor sentiment, outperforming publicly traded asset manager peers.

What are the negative aspects of WisdomTree, Inc.'s (WT) monthly metrics?

$45 million of net outflows in Gold products and WisdomTree Floating Rate Treasury Fund indicate profit taking and re-allocation away from these assets.