ETF Evaluator:
WisdomTree Target Range Fund ()
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(as of Aug 26)
Best Performing in Equity Hedged Over the Last Year
| 39.1% | Defiance Oil Enhanced Options Income ETF (USOY) |
| 28.0% | Alpha Architect Global Factor Equity ETF (AAVM) |
| 26.2% | Innovator U.S. Small Cp Mgd Flr ETF (RFLR) |
| 23.7% | Rareview Systematic Equity ETF (RSEE) |
| 20.9% | Hull Tactical US ETF (HTUS) |
Risk
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Risk
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ETF Details
WisdomTree Target Range Fund Overview
WisdomTree Target Range Fund (GTR) is an actively managed Nontraditional Equity Equity Hedged exchange-traded fund (ETF). WisdomTree launched the ETF in 2021.
The investment seeks to provide capital appreciation, with a secondary objective of hedging risk.
In pursuing its investment objectives, the fund adviser seeks to follow the methodology of the TOPS® Global Equity Target RangeTM Index. However, the fund is an actively managed exchange-traded fund (“ETF”). Under normal conditions, approximately 80-85% of the fund’s assets are expected to be invested in the cash collateral component upon the annual roll date in January. The fund is non-diversified.
About WisdomTree Target Range Fund (GTR)
There are 2 members of the management team with an average tenure of 4.82 years: Torrey Zaches (2021) and James Stavena (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and TOPS Global Equity Target Range TR USD index with a weighting of 100%. WisdomTree Target Range Fund has 12 securities in its portfolio. The top 10 holdings constitute 104.2% 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 Target Range Fund is part of the Equity global asset class and is within the Nontraditional Equity ETF group. WisdomTree Target Range Fund has 6.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 14.9% There is 6.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.7% (0.7% domestic bond, 0.0% foreign bond and 0.0% convertible bond). WisdomTree Target Range Fund has 78.1% of the portfolio in cash.
Assets Under Management
The fund has $71 million in total assets, which is below the $294 million average for the Equity Hedged 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.
GTR 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 Target Range Fund expense ratio is above average compared to funds in the Equity Hedged category. WisdomTree Target Range Fund has an expense ratio of 0.70%, which is 8% lower than its category average, making the fund expense ratio grade a C. 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 Target Range Fund has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 97% for the Equity Hedged category.
Recently, in the month of July 2026, WisdomTree Target Range Fund returned 0.2%, which earned it a grade of C, as the Equity Hedged category had an average return of -1.4%. 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 Target Range Fund has a trailing yield of 2.14%, which is below the 3.45% category average.
The fund normally distributes its income quarterly.
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 Target Range Fund Grades
Year to date, the ETF has returned 9.2%, 2.1 percentage points better than the category, which translates into a grade of A. The fund has returned 17.1% over the past year (grade of A) and 11.3% over the past three years (grade of D).
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GTR 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 |
|
| GTR Return (NAV) | 0.2% | 3.3% | 17.1% | 11.3% | na | na |
| GTR Return (Price) | 0.2% | 3.1% | 17.0% | 11.2% | na | na |
| NAV +/- Price Return | 0.049% | 0.131% | 0.090% | 0.068% | na | na |
| Equity Hedged Avg | -1.4% | 1.7% | 13.6% | 12.0% | 6.6% | 7.6% |
| GTR Grade (NAV) | C | B | A | D | na | na |
| +/- Category (NAV) | 1.6% | 1.6% | 3.5% | -0.8% | na | na |
| GTR Tax-Cost Ratio | na | na | 2.2% | 2.0% | na | na |
GTR Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GTR Return (NAV) | 9.2% | 12.7% | 8.8% | 12.3% | -19.0% | na | na | na | na | na | na |
| GTR Return (Price) | 9.0% | 12.9% | 8.4% | 12.4% | -19.1% | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.019% | 0.017% | -0.045% | 0.013% | 0.005% | na | na | na | na | na | na |
| Equity Hedged Avg | 7.1% | 12.6% | 14.6% | 14.8% | -12.9% | 15.6% | 10.2% | 9.9% | -6.3% | 12.2% | 3.0% |
| GTR Grade (NAV) | A | C | D | D | D | na | na | na | na | na | na |
| +/- Category | 2.1% | 0.1% | -5.8% | -2.5% | -6.1% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.66 |
| R-Squared: | 84% |
| Standard Deviation: | 9.4% |
| Category Risk Index: | 0.89 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 0.77 |
| Total Risk Rating: | Below Average |
| Portfolio Characteristics | |
| Yield: | 2.1% |
| Total Assets: | $ 72 Mil |
| Share Class Assets: | $ 72 Mil |
| Turnover: | 0.0% |
| Expense Ratio: | 0.70% |
| Index Fund: | No |
| Index Tracked: | MSCI ACWI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 4.8 years | |||
| Average Tenure: 4.8 years | |||
| Managers (Year): Zaches Torrey (2021), Stavena James (2021) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 12 |
| % in Top 10 Holdings: | 104.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 6.4% |
Portfolio Allocation |
|
| Domestic Stock: | 14.9% |
| Foreign Stock: | 6.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.7% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 78.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | WisdomTree |
| Phone Number: | 866-909-9473 |
| Website: | www.wisdomtree.com |
| Inception Date: | October 5, 2021 |
Expenses and Fees
| Expense Ratio (%): | 0.70% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.76% |
