A Daily Network publication
Explore the network
ETF Daily
The Definitive Daily Read on Exchange-Traded Funds
Sunday, August 23, 2026The Morning Brief →Sign in

WisdomTree International Efficient Core Fund

$48.40+0.59% today
424952-WK

The fund invests in a representative basket of developed market equity securities, excluding the United States and Canada, generally weighted by market capitalization. It invests approximately 90% of its assets in the above-referenced equity securities. The remainder of the net assets, which WisdomTree Asset Management, Inc., the fund’s investment adviser expects to be in cash and cash equivalents, will serve as collateral for U.S. Treasury futures contracts positions of varying maturities ranging from 2 to 30 years, which are selected to achieve a target duration of 3 to 8 years. It is non-diversified.

Price & daily flows
48.347.647.048.40DAILY NET FLOWJul 24Aug 4Aug 12Aug 21

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

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +8.8% so far this year. At 0.26% a year it is not the cheapest way in — IEFA runs the same ground at 0.07%.

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

$357Massets under management
0.26%expense ratio · $26 per $10,000 a year
net flow, trailing month
15Kavg daily volume, 30 days
5holdings · US-domiciled
2021listed May 20, 2021 · beta 0.93
Sector weights
Financial Services19.12%
Finance18.74%
Industrials15.89%
Healthcare14.59%
Health Technology12.08%
Consumer Cyclical10.5%
Technology10.33%
Consumer Non-Durables9.93%
Consumer Defensive9.23%
Cash9.03%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Japan23.28%
United Kingdom15.58%
France11.39%
Switzerland10.2%
Germany8.92%
Australia6.66%
Netherlands5.03%
Denmark4.13%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.1%
1 month+4.1%
3 months+3.8%
6 months+2.1%
YTD+8.8%
1 year+13.3%
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
14%realized volatility, 30 days (annualized)
16%realized volatility, 1 year
-12.3%deepest fall from a peak, 1 year
-0.8%where it sits vs. that peak today

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

The case against NTSI

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

FundFeeAssetsFlow, 1MThe case
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-22bp on fee · 92× the assets · +$104M in over the monthHead-to-head
IEFA iShares Core MSCI EAFE ETF0.07%$193.2B+$631M-19bp on fee · 541× the assets · +$631M in over the monthHead-to-head
IEMG iShares Core MSCI Emerging Markets ETF0.09%$160.6B+$1.9B-17bp on fee · 450× the assets · +$1.9B in over the monthHead-to-head
IAGG iShares Core International Aggregate Bond ETF0.07%$11.4B+$739M-19bp on fee · 32× the assets · +$739M in over the monthHead-to-head
IXUS iShares Core MSCI Total International Stock ETF0.07%$46.2B-19bp on fee · 129× the assetsHead-to-head
Sign in to save this to The RecordA timestamped copy for the file — documentation, not advice.
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
Every weekday · 6:30 a.m. ET

The Morning Brief

The private wealth industry in four minutes, every weekday at 6:30 a.m. ET. Free.