BenzingaT3·21mo ago
WTBN WisdomTree Bianco Total Return Fund
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
WTBN
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Key stats
About
WisdomTree Bianco Total Return Fund (WTBN) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2023-12-18
- Has Options
- No
Fund profile
holdings as of May 31, 2026SEC filingthrough May 2026flows, SEC filings
- Expense ratio
- 0.60% prospectus, filed Dec 31, 2025
- Assets
- $107M SEC filing, May 31, 2026
- Trailing yield
- 4.18% paid monthly
- Average daily volume
- $470K 30 sessions
- Holdings
- 17 top 10 are 92.9%
- Listed
- Dec 18, 2023 Nasdaq
- Last fee change
- +1 bp filed Dec 29, 2025
- Tracking difference
- -0.47 pts vs index, after fees, FY 2025
Cost14
Liquidity22
Scale37
Diversification14
Moves with. Long Treasuries (47% of its variance, beta 0.25); US large-cap stocks (12% of its variance, beta 0.09); High yield over Treasuries (6% of its variance, beta -0.17). These factors explain 72% of its daily moves over the last year.
Stated objective. The WisdomTree Bianco Total Return Fund (the Fund) seeks to track the price and yield performance, before fees and expenses, of the Bianco Research Fixed Income Total Return Index (the Index). (from the fund's prospectus)
All 17 holdingsFlow historySimilar fundsOverlap toolAll Multisector Bond ETFs
Fund flows
through May 2026SEC filings- May 2026
- +$7.3M latest reported month
- Latest 3 months
- +$10M +9.4% of assets
- Latest 12 months
- +$44M +41.0% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$7.3M |
| Apr 2026 | +$505K |
| Mar 2026 | +$2.3M |
| Feb 2026 | +$3.1M |
| Jan 2026 | +$6.9M |
| Dec 2025 | +$3.6M |
| Nov 2025 | +$5.9M |
| Oct 2025 | +$3.6M |
| Sep 2025 | +$2.3M |
| Aug 2025 | +$254K |
| Jul 2025 | +$3.3M |
| Jun 2025 | +$4.8M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 30 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| BDBTBluemonte Core Bond ETF | 20% | 0.23% | $481M | −5.7% | compare |
| MAMBMonarch Ambassador Income Index ETF | 19% | 1.15% | $187M | −4.5% | compare |
| ABXBAbacus Flexible Bond Leaders ETF | 17% | 0.62% | $1.9M | −4.9% | compare |
| TDSBExchange Listed Funds Trust ETC Cabana Target Beta ETF | 14% | 0.91% | $49M | +2.8% | compare |
| TFFIChesapeake Trend-Following Fixed Income ETF | 14% | 1.01% | $37M | — | compare |
Ranked by how much of the two portfolios is the same securities.
What changed in the portfolio
Nov 30, 2025 → May 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Decrease | IEFISHARES TRUST | 13.53% | 5.48% | −49.8% |
| Increase | SCHOSCHWAB STRATEGIC TRUST | 7.07% | 13.01% | +123.4% |
| Decrease | STIPISHARES TRUST | 10.01% | 5.01% | −40.1% |
| Increase | SCHQSCHWAB STRATEGIC TRUST | 4.35% | 9.03% | +161.9% |
| Increase | VCLTVANGUARD SCOTTSDALE FUNDS | 2.96% | 6.38% | +167.5% |
| Decrease | VCSHVANGUARD SCOTTSDALE FUNDS | 8.37% | 5.26% | −23.6% |
| New position | ELDWisdomTree Trust | — | 2.98% | — |
| Decrease | LQDBISHARES TRUST | 4.48% | 2.01% | −45.1% |
| New position | AGZISHARES TRUST | — | 2.24% | — |
| New position | HYZDWisdomTree Trust | — | 2.00% | — |
4 new, 0 exited, 5 increased and 4 decreased between the fund's two latest holdings reports; turnover 35.1%. Full holdings and history
Under the hood
fiscal year to Aug 31, 2025SEC census- Authorized participants
- 4 active of 20 with agreements; top 3 did 90%
- Created · redeemed
- $63M · $255K over the fiscal year
- Redemptions in kind
- 100% creations 100% in kind
- Creation unit
- 10,000 shares
- Securities lending
- 13.44% of assets on loan on average; earned 0.9 bp
- Return vs index
- -0.47 pts after fees; +0.00 before; daily s.d. 0.73
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-05-31
Holdings
17
AUM
$132.6M
Provider
Nport
Inception
2023-12-18
Exchange
XNAS
Data As Of
2026-05-31
Expense Ratio
0.60%
Dividend Yield
4.18%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-25 | 2026-09-29 | $0.0750 | CD |
| 2026-08-26 | 2026-08-28 | $0.0800 | CD |
| 2026-07-28 | 2026-07-30 | $0.0800 | CD |
| 2026-06-25 | 2026-06-29 | $0.0950 | CD |
| 2026-05-26 | 2026-05-28 | $0.0850 | CD |
| 2026-04-27 | 2026-04-29 | $0.0900 | CD |
Asset Allocation
Top Holdings
top 17 of 17 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| MBB | ISHARES TRUST | 25.85% | Equity (common) | US |
| — | WisdomTree Treasury Money Market Digital Fund | 17.60% | Short-term investment | US |
| IEI | ISHARES TRUST | 15.31% | Equity (common) | US |
| SCHO | SCHWAB STRATEGIC TRUST | 13.01% | Equity (common) | US |
| SCHQ | SCHWAB STRATEGIC TRUST | 9.03% | Equity (common) | US |
| — | DREY INST PREF GOV MM-M | 6.47% | Short-term investment | US |
| VCLT | VANGUARD SCOTTSDALE FUNDS | 6.38% | Equity (common) | US |
| IEF | ISHARES TRUST | 5.48% | Equity (common) | US |
| VCSH | VANGUARD SCOTTSDALE FUNDS | 5.26% | Equity (common) | US |
| STIP | ISHARES TRUST | 5.01% | Equity (common) | US |
| VCIT | VANGUARD SCOTTSDALE FUNDS | 4.63% | Equity (common) | US |
| ELD | WisdomTree Trust | 2.98% | Equity (common) | US |
| AGZ | ISHARES TRUST | 2.24% | Equity (common) | US |
| LQDB | ISHARES TRUST | 2.01% | Equity (common) | US |
| HYZD | WisdomTree Trust | 2.00% | Equity (common) | US |
| TLT | ISHARES TRUST | 0.81% | Equity (common) | US |
| — | DREYFUS TRSY OBLIG CASH M | 0.02% | Short-term investment | US |
Non-Equity Breakdown
WisdomTree Bianco Total Return Fund ·
NPORT-P period 2026-05-31
(filed 2026-07-30)
Net assets:
$107M
· 17 total positions
· equity 100.00%
· non-equity 24.10%
Non-equity holdings
— 3 positions,
24.10% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 24.10% | $25.7M | 3 |
Chart
Seasonality
| Month | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|
| Jan | -- | 0.04% | 0.34% | 0.10% | 0.16% |
| Feb | -- | -1.87% | 1.74% | 1.28% | 0.38% |
| Mar | -- | 0.07% | -0.74% | -1.43% | -0.70% |
| Apr | -- | -1.71% | 0.20% | -0.28% | -0.60% |
| May | -- | 0.80% | -0.51% | -0.05% | 0.08% |
| Jun | -- | 0.25% | 1.39% | -0.14% | 0.50% |
| Jul | -- | 2.73% | -0.69% | -1.83% | 0.07% |
| Aug | -- | 0.79% | 0.08% | -0.12% | 0.25% |
| Sep | -- | 0.47% | 1.04% | -2.55% | -0.35% |
| Oct | -- | -2.46% | 0.16% | 1.35%* | -0.32% |
| Nov | -- | 1.54% | 0.41% | -- | 0.97% |
| Dec | 0.00% | -2.57% | -0.93% | -- | -1.17% |
| Total | 0.00% | -2.05% | 2.48% | -3.68% | -0.81% |
* Only 4 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $24.05
SMA 50: $24.38
SMA 200: $25.04
Current: $24.30
EMA 12: $24.14
EMA 26: $24.18
MACD: -0.0382 | Signal: 0.0510
BEARISH
ADX (14): 24.58
WEAK TREND
+DI: 28.07
−DI: 26.88
Momentum Oscillators
RSI (14): 57.32
NEUTRAL
Stoch %K: 86.43
Stoch %D: 77.07
Williams %R: 0.00
Volume & Volatility
BB Upper: $24.26
BB Lower: $23.84
OVERBOUGHT
OBV: -170,100
Vol SMA 20: 19,785
Vol ROC: -87.47%
ATR: $0.12
True Range: $0.13
HV 20: 4.6%
HV 30: 5.4%
HV 60: 5.0%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report: WTBN
Executive Summary
Overall Assessment: NEUTRAL (confidence level 6/10)
Key Drivers:
- Neutral RSI reading suggests a consolidation phase
- Weak trend strength from ADX and DMI indicators
- Bullish MACD signal line crossover, but bearish histogram reading indicates potential sell pressure
Primary Risks:
- Bearish momentum signals from MACD and Stochastic Oscillators
- Potential for further consolidation or reversal to the downside if RSI fails to break above 70
Investment Thesis: WTBN's recent performance suggests a need for further consolidation before any significant price moves can be expected. A neutral stance is recommended, with caution advised due to potential bearish momentum signals.
Recent News Sentiment Impact: Positive news headline from Benzinga on January 21st has boosted sentiment, but this effect may soon wear off as the market adjusts to the new information.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Consolidation
- Medium-term (1-3 months): Neutral
- Long-term (3-12 months): Uptrend
Support/Resistance Levels:
- Key price levels: $25.17 (SMA 20), $25.26 (SMA 50), $25.54 (SMA 200)
- Support: $24.96 (lower Bollinger Band), $24.85 (50% Fibonacci retracement)
Momentum Signals:
- RSI: Neutral (51.45) - not overbought or oversold
- MACD: Bearish histogram reading (-0.06) and signal line crossover (-0.04)
- Stochastic Oscillators: Negative divergence between %K and %D lines
Volume Analysis:
- Volume trends: Consolidation with moderate volume participation
- Institutional interest signals: On-Balance Volume (OBV) trending higher, indicating accumulation
News & Sentiment Analysis
Recent Headlines Summary: Positive news headline from Benzinga on January 21st suggests a more favorable outlook for WTBN.
Sentiment Assessment: Neutral to positive sentiment due to recent news and market conditions.
Catalyst Identification: No earnings data available; focus on technical analysis and news sentiment.
Market Narrative: WTBN's recent price action is influenced by both bullish MACD signal line crossover and bearish histogram reading. The market narrative suggests a need for further consolidation before any significant price moves can be expected.
Risk & Volatility Assessment
Risk Metrics:
- Beta: 0.09 (vs SPY) - low volatility
- Alpha: -0.02
- Correlation: 0.26
- Stock Volatility: 0.04 - relatively low
Options Market Signals: No options data available; focus on technical analysis and news sentiment.
Downside Protection: Support levels at $24.96 (lower Bollinger Band) and $24.85 (50% Fibonacci retracement) provide some downside protection.
Market Context & Positioning
Sector Performance: WTBN's performance is neutral compared to the broader market.
Institutional Activity: Moderate volume participation suggests institutional interest in WTBN.
Correlation Analysis: WTBN moves relatively in sync with the market (R-squared interpretation).
Relative Valuation: WTBN is trading within a reasonable range, neither extremely overbought nor oversold.
Key Levels & Action Items
Critical Price Levels:
- $25.17 (SMA 20)
- $25.26 (SMA 50)
- $25.54 (SMA 200)
Breakout/Breakdown Levels: $24.96 (lower Bollinger Band) and $24.85 (50% Fibonacci retracement)
Time-Sensitive Catalysts: No immediate earnings dates or product launches scheduled.
Risk Management: Stop-loss levels should be set at $24.80, with position sizing considerations based on volatility and sentiment.
This comprehensive analysis report provides a structured review of WTBN's technical indicators, recent news headlines, risk metrics, and market context. A neutral stance is recommended, with caution advised due to potential bearish momentum signals.
Generated
News
All WTBN news →
WTBN Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.1468
Alpha: -8.62%
Correlation: 0.4404
R-Squared: 19.4%
Stock Volatility: 4.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
WTBN Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
WTBN Constituent Performance
Click any bar to view the full quote for that stock.
WTBN Constituents (14 of 14)
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| MBB | ISHARES TRUST | 25.85% | $91.08 | +0.59% | +0.54% | +1.35% |
| IEI | ISHARES TRUST | 15.31% | $114.44 | +0.41% | +0.31% | +0.87% |
| SCHO | SCHWAB STRATEGIC TRUST | 13.01% | $23.92 | +0.17% | +0.13% | +0.34% |
| SCHQ | SCHWAB STRATEGIC TRUST | 9.03% | $29.52 | +1.06% | +1.27% | +2.04% |
| VCLT | VANGUARD SCOTTSDALE FUNDS | 6.38% | $70.39 | +0.82% | +0.60% | +1.02% |
| IEF | ISHARES TRUST | 5.48% | $90.8 | +0.63% | +0.50% | +1.24% |
| VCSH | VANGUARD SCOTTSDALE FUNDS | 5.26% | $77.56 | +0.22% | +0.10% | +0.35% |
| STIP | ISHARES TRUST | 5.01% | $100.72 | +0.16% | +0.33% | +1.07% |
| VCIT | VANGUARD SCOTTSDALE FUNDS | 4.63% | $79.17 | +0.48% | +0.21% | +0.59% |
| ELD | WisdomTree Trust | 2.98% | $28.11 | -0.30% | +0.27% | -0.71% |
| AGZ | ISHARES TRUST | 2.24% | $106.87 | +0.22% | +0.08% | +0.01% |
| LQDB | ISHARES TRUST | 2.01% | $83.08 | +0.40% | +0.18% | +0.29% |
| HYZD | WisdomTree Trust | 2.00% | $22.35 | -0.13% | -0.13% | -1.08% |
| TLT | ISHARES TRUST | 0.81% | $81.14 | +1.12% | +1.46% | +2.17% |