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WTLS vs WTPI

Wisdomtree Efficient Long/Short US Equity Fund vs WisdomTree Equity Premium Income Fund

WTLS

Wisdomtree Efficient Long/Short US Equity Fund

Annual cost

0.88%

Fund size

$12M

WTPI

WisdomTree Equity Premium Income Fund

Annual cost

0.44%

Fund size

$479M

Key differences

Both WTLS and WTPI are alternative ETFs. WTLS charges 0.88% a year and WTPI 0.44%. The main difference: WTLS follows a long short strategy; WTPI uses option income.

  • WTLS follows a long short strategy; WTPI uses option income.
  • WTPI costs 0.44% less per year.
  • WTPI is much larger than WTLS. Larger funds are usually more liquid and less likely to close.
  • WTPI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

WTLSWTPI
Annual cost (TER)0.88%0.44%
Fund size (AUM)$12M$479M
Since20262016
Dividend yield9.67%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortoption income
CAGR 1YN/A+17.4%
CAGR 3YN/A+13.2%
CAGR 5YN/A+9.7%
Sharpe 3YN/A0.83
Volatility 1Y9.18%
Max drawdown-8.95%-28.40%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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