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Sunday, August 23, 2026The Morning Brief →Sign in

WisdomTree Alternative Income Fund

$14.33+0.20% today
13.8617.7152-WK

Under normal circumstances, at least 80% of the fund’s total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is comprised of registered closed-end investment companies and real estate investment trusts that are listed and publicly traded on a major U.S. stock exchange. It is non-diversified.

Price & daily flows
16.8815.7914.6914.33DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned -10.7% so far this year. At 4.29% a year it is not the cheapest way in — VNQ runs the same ground at 0.12%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$20Massets under management
4.29%expense ratio · $429 per $10,000 a year
net flow, trailing month
18Kavg daily volume, 30 days
35holdings · US-domiciled
2021listed May 5, 2021 · beta 0.56
Sector weights
Real Estate71.27%
Finance62.54%
Mutual fund34.02%
Financial Services28.26%
Miscellaneous3.12%
Other2.92%
Cash0.31%
Energy0.13%
Technology0.08%
Industrials0.07%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States96.94%
Other3.06%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-1.0%
1 month+2.9%
3 months+0.3%
6 months-6.3%
YTD-10.7%
1 year-17.9%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
13%realized volatility, 30 days (annualized)
14%realized volatility, 1 year
-21.7%deepest fall from a peak, 1 year
-19.1%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

The case against HYIN

Due diligence cuts both ways. These funds sit on the same shelf and beat HYIN on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
DIVB iShares U.S. Dividend and Buyback ETF0.05%$1.9B+$136M-424bp on fee · 92× the assets · +$136M in over the monthHead-to-head
HDV iShares Core High Dividend ETF0.08%$15.1B+$209M-421bp on fee · 750× the assets · +$209M in over the monthHead-to-head
SCHD Schwab U.S. Dividend Equity ETF0.06%$60.6B-423bp on fee · 2997× the assetsHead-to-head
VYM Vanguard High Dividend Yield Index Fund0.06%$58.1B-423bp on fee · 2873× the assetsHead-to-head
DGRO iShares Core Dividend Growth ETF0.08%$43.6B−$50M-421bp on fee · 2156× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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