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GTRWisdomTree Target Range Fund

Get income4y track recordRanked #1,193 of 1,622 in this goal

Seeks capital appreciation with a secondary objective of hedging risk.

By WisdomTree · Launched 2021

Annual Cost

0.70%

#3,529 of 5,562 · average

Fund Size

$69M

#3,268 of 5,562 · mid-size

Dividend YieldGoal

5.30%

Track Record

4 years

#2,513 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$12,072+20.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 100.4% of fundconcentrated

TREASURY BILL
79.1%
INTERCONTINENTAL EXCHANGE, INC.SPY 1 C580
8.1%
INTERCONTINENTAL EXCHANGE, INC.IWM 1 C187
4.7%
INTERCONTINENTAL EXCHANGE, INC.EFA 1 C76
4.5%
INTERCONTINENTAL EXCHANGE, INC.EEM 1 C42
2.6%
DREYFUS TRSY OBLIG CASH M
1.0%
INTERCONTINENTAL EXCHANGE, INC.IWM 1 C187
0.3%
INTERCONTINENTAL EXCHANGE, INC.EEM 1 C42
0.0%
INTERCONTINENTAL EXCHANGE, INC.EFA 1 C76
0.0%
INTERCONTINENTAL EXCHANGE, INC.SPY 1 C785
-0.0%

Asset allocation

Stocks
99.6%
Cash
0.4%
Other
0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
9.7%Low

Year-on-year price swings

Max drawdown
-21.4%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.81Decent risk-adjusted returns
Sortino (3Y)
1.16Good downside protection

Where to buy

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks capital appreciation with a secondary objective of hedging risk.
Strategy
Actively managed ETF that aims to follow the methodology of the TOPS Global Equity Target Range Index. Returns are expected to be similar to the Index but may differ due to asset flows and expenses.
Inception date
October 5, 2021
Fund family
WisdomTree

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19