ETF Evaluator:
WisdomTree Bianco Fixed Inc Ttl Ret ETF (WTBN)
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(as of Aug 14)
Best Performing in Intermediate Core Bond Over the Last Year
| 7.3% | Aptus Enhanced Yield ETF (JUCY) |
| 6.6% | SGI Enhanced Core ETF (USDX) |
| 5.9% | Hartford Schroders Tax-Aware Bond ETF (HTAB) |
| 5.1% | Overlay Shares Core Bond ETF (OVB) |
| 4.8% | NEOS Enhanced Income Aggregate Bond ETF (BNDI) |
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ETF Details
WisdomTree Bianco Fixed Inc Ttl Ret ETF Overview
WisdomTree Bianco Fixed Inc Ttl Ret ETF (WTBN) is a passively managed Taxable Bond Intermediate Core Bond exchange-traded fund (ETF). WisdomTree launched the ETF in 2023.
The investment seeks to track the price and yield performance, before fees and expenses, of the Bianco Research Fixed Income Total Return Index.
Under normal circumstances, the fund primarily invests in the constituent exchange-traded funds (“ETF”) of the index. The index, created by Bianco Research Advisors LLC, is composed of approximately 5 to 20 fixed income ETFs that are specifically selected and weighted using a modified market-capitalization weighting scheme to achieve specified factor exposures. It is non-diversified.
About WisdomTree Bianco Fixed Inc Ttl Ret ETF (WTBN)
There are 5 members of the management team with an average tenure of 2.62 years: Marlene Walker-Smith (2023), David France (2023), Todd Frysinger (2023), Vlasta Sheremeta (2023) and Michael Stoll (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Bianco Research Fixed Income TR USD index with a weighting of 100%. WisdomTree Bianco Fixed Inc Ttl Ret ETF has 14 securities in its portfolio. The top 10 holdings constitute 97.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
WisdomTree Bianco Fixed Inc Ttl Ret ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. WisdomTree Bianco Fixed Inc Ttl Ret ETF has 3.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.1% There is 0.0% allocated to foreign stock, and 0.7% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 94.4% (91.1% domestic bond, 3.3% foreign bond and 3.9% convertible bond). WisdomTree Bianco Fixed Inc Ttl Ret ETF has 0.8% of the portfolio in cash.
Assets Under Management
The fund has $101 million in total assets, which is below the $6 billion average for the Intermediate Core Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
WTBN Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The WisdomTree Bianco Fixed Inc Ttl Ret ETF expense ratio is above average compared to funds in the Intermediate Core Bond category. WisdomTree Bianco Fixed Inc Ttl Ret ETF has an expense ratio of 0.60%, which is 87% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. WisdomTree Bianco Fixed Inc Ttl Ret ETF has a portfolio turnover rate of 154%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 95% for the Intermediate Core Bond category.
Recently, in the month of July 2026, WisdomTree Bianco Fixed Inc Ttl Ret ETF returned -1.6%, which earned it a grade of F, as the Intermediate Core Bond category had an average return of -1.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
WisdomTree Bianco Fixed Inc Ttl Ret ETF has a trailing yield of 4.11%, which is below the 4.44% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
WisdomTree Bianco Fixed Inc Ttl Ret ETF Grades
Year to date, the ETF has returned -1.3%, 0.9 percentage points worse than the category, which translates into a grade of F. The fund has returned 1.8% over the past year (grade of F).
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WTBN Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| WTBN Return (NAV) | -1.6% | -1.2% | 1.8% | na | na | na |
| WTBN Return (Price) | -1.7% | -1.3% | 1.5% | na | na | na |
| NAV +/- Price Return | 0.130% | 0.051% | 0.298% | na | na | na |
| Intermediate Core Bond Avg | -1.2% | -0.7% | 3.0% | 4.0% | -0.3% | 1.5% |
| WTBN Grade (NAV) | F | F | F | na | na | na |
| +/- Category (NAV) | -0.4% | -0.6% | -1.3% | na | na | na |
| WTBN Tax-Cost Ratio | na | na | 1.6% | na | na | na |
WTBN Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| WTBN Return (NAV) | -1.3% | 6.9% | 2.3% | na | na | na | na | na | na | na | na |
| WTBN Return (Price) | -1.5% | 6.9% | 2.3% | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.132% | 0.003% | -0.027% | na | na | na | na | na | na | na | na |
| Intermediate Core Bond Avg | -0.4% | 7.1% | 1.9% | 6.0% | -13.2% | -1.5% | 7.6% | 9.1% | -0.5% | 3.7% | 3.0% |
| WTBN Grade (NAV) | F | D | B | na | na | na | na | na | na | na | na |
| +/- Category | -0.9% | -0.2% | 0.5% | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 4.1% |
| Total Assets: | $ 101 Mil |
| Share Class Assets: | $ 101 Mil |
| Turnover: | 154.0% |
| Expense Ratio: | 0.60% |
| Index Fund: | Yes |
| Index Tracked: | Bloomberg US Agg Bond TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 2.6 years | |||
| Average Tenure: 2.6 years | |||
| Managers (Year): Walker-Smith Marlene (2023), France David (2023), Frysinger Todd (2023), Sheremeta Vlasta (2023), Stoll Michael (2023) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 14 |
| % in Top 10 Holdings: | 97.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 3.3% |
Portfolio Allocation |
|
| Domestic Stock: | 0.1% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.7% |
| Domestic Bond: | 91.1% |
| Foreign Bond: | 3.3% |
| Convertible Bond: | 3.9% |
| Other: | 0.0% |
| Cash: | 0.8% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | WisdomTree |
| Phone Number: | 866-909-9473 |
| Website: | www.wisdomtree.com |
| Inception Date: | December 18, 2023 |
Expenses and Fees
| Expense Ratio (%): | 0.60% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.32% |
