DYLS

WisdomTree Dynamic Long/Short U.S. Equity Fund
CLOSING PRICECHANGE (%)VOLUME
$28.90-0.17 (-0.59%)14.62K
4:00:00 p.m. (ET) 04/21/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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Overall Rating

C

N/A
as of 04/21/17

Rating Details

81
71
N/A
Segment Average
  • Overview
  • Efficiency
  • Tradability
  • Fit

DYLS Fund Description

The WisdomTree Dynamic Long/Short U.S. Equity ETF tracks an index with 100% long exposure and variable short exposure to US stocks. Fundamental factors drive the short allocation and long stock selection. The long basket is vol-weighted; the short basket is cap-weighted.

DYLS FactSet Analytics Insight

For a low fee, DYLS offers long/short USleans toward net long exposure using rules-based bottom-up stock analysis equity exposure emphasizing rules-based, fundamental analysis. The fund maintains a 100% long position at all times, and varies its short exposure from 0% to 100% based on growth and value factors. The long equity basket of about 100 large- and midcap names is also selected by fundamental factors. It’s weighted by inverse volatility, an unusual feature in this space. The short basket is more diverse, with 500 cap-weighted names.

DYLS uses swaps for its short exposure, which helps keep the headline fee low—peer funds with direct short positions typically report the short expense as part of the fee. Short expenses (when the fund is short)—aren’t part of DYLS’s fee but will still flow through to its bottom line. Still, the fund’s fee is cheap for a long/short fund. In sum, the fund’s allocation scheme leans toward net long (as do many peers) while its rules-based bottom-up stock analysis drives the short allocation and long stock selection. Note: Sister fund DYB has the same sub-indexes but has more assertive short exposure.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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DYLS Summary Data

12/23/15
Open-Ended Fund
0.48%
$40.34 M
$323.08 K
0.19%

DYLS Portfolio Data

Long/Short Equity
2.12%
12/22/17
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DYLS Index Data

WisdomTree Dynamic Long/Short U.S. Equity Index
Fundamental
Fixed
90-Day Constant-Maturity U.S. Treasury Yield
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

DYLS Portfolio Management

0.48%
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DYLS Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

DYLS Fund Structure

Open-Ended Fund
Yes
Yes
70% / 30%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
12:30:3228.91700
10:50:4128.931
10:45:3928.9646
10:01:1128.9350
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Bats BZX Real-time Quote - 23:59:59
Average Spread
Premium/Discount
Volume

DYLS FactSet Analytics Block Liquidity

As of 04/21/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DYLS. DYLS is rated a 5 out of 5.

DYLS Tradability

11,195
$323.08 K
8,465
$245.92 K
0.19%
$0.05
0.07%
0.59% / -1.97%
None
100.00%
50,000
0.17
0.03%
0.03%
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$29.07
5

Term Structure VIX Futures As of 12/31/1969

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DYLS Performance Statistics

10.48%
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Correlation (Rolling 30 Day, 12 Mo)

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