GSPY vs WTV: Grades, Fees and Holdings Compared

Gotham Enhanced 500 ETF

GSPYCNYSE Arca

WisdomTree U.S. Value Fund

WTVANYSE Arca

Overlap

21.9%by weight

Expense ratio

WTV −0.38pt a year

GSPY0.50%WTV0.12%

Avg volume · 30D

WTV 33.5×the volume

GSPY5KWTV167K

5Y return · a year

WTV +1.1pt

GSPY+12.6%WTV+13.7%

GSPY vs WTV Performance

Oct 29, 2021 – Oct 30, 2026

+80.7%GSPY+89.6%WTV

Expense ratio: GSPY 0.50%; WTV 0.12%, better
Fund size: GSPY $704M; WTV $3.33B
1Y total return: GSPY +14.9%; WTV +20.9%, better
Yield (12M): GSPY 2.30%, better; WTV 2.00%
Holdings: GSPY 501; WTV 126
Avg volume (30D): GSPY 5K sh; WTV 167K sh, better
NAV per share: GSPY $41.90; WTV $106.90
52W range

ETF.net Grade

Pillar letters and Scores for GSPY, WTV, with each pillar’s weight
Pillar	GSPY	WTV
Cost30% weight	B57	A100Higher
Mission25% weight	A78	Not scored
Risk15% weight	C43	B56Higher
Tradability15% weight	C48	A89Higher
Holdings10% weight	C46	A84Higher
Durability5% weight	B67	A90Higher

Rank among US Active Value funds

How we build Categories ›

Same Category. GSPY and WTV are both graded against the same 64 US Active Value funds, so their Grades compare head to head.

US Active Value⁠

Category · 64 funds

See all 64 ›

WTV ranks 1st and GSPY 32nd of 64 funds in the US Active Value Category.

Rank 1AAVLVAvantis U.S. Large Cap Value ETFScore 86
Rank 1AWTVWisdomTree U.S. Value FundScore 86
Rank 3ASEIVSEI QiM U.S. Large Cap Value Active ETFScore 85
Rank 31CFBCVFidelity Blue Chip Value ETFScore 52
Rank 32CGSPYGotham Enhanced 500 ETFScore 51
Rank 33CGVLEGoldman Sachs Value Opportunities ETFScore 50

Our read on each fund

ETF.net Research

GSPYCGotham Enhanced 500 ETF

WTVAWisdomTree U.S. Value Fund

In short

GSPY Same 500 companies as the index, reshuffled. This active fund lets the sub-adviser's valuation work set position sizes instead of market cap, so the biggest company doesn't automatically get the biggest slot.

WTV Most value funds shop for low price tags. WTV shops for cash coming back to shareholders: dividends plus net buybacks, filtered for quality and profitability. Actively run, priced like an index fund at 0.12%.

Stated mandate

GSPY The actively managed fund generally invests in companies included in the S&P 500 Index and weights them using the sub-adviser’s valuation assessment rather than passively tracking the index.

WTV The fund seeks income and capital appreciation through primarily U.S. equities selected for high total shareholder yield and favorable relative quality characteristics.

Why people hold it

GSPY Familiar universe, different math: it holds S&P 500 companies but weights them on the sub-adviser's valuation assessment rather than passively tracking the index.
The 0.50% annual fee sits under the 0.55% midpoint for active large-cap value funds, which is unusual for a discretionary, stock-by-stock strategy.
Trading since December 2020, so the value framework has a live record in real markets rather than a backtest.
The value tilt is stated in the prospectus, not implied: a proprietary analytical framework drives the weighting decisions.

WTV Charges 0.12% a year, under a quarter of the 0.55% typical for active US value funds, and less than every same-benchmark rival in its group (JAVA 0.44%, CGVV 0.33%, TEQI 0.54%).
"Value" here means cash returned: dividend yield plus net buyback yield, with quality and profitability screens, rather than a plain low price-to-book sort.wisdomtree.com
About 160 US stocks, a multi-billion-dollar asset base, and a live track record dating to 2007. Distributions land quarterly.

Worth knowing

GSPY You pay for the human layer. Rules-based value peers such as WTV (0.12%) and AVLV (0.15%) charge a fraction of this fund's fee.
It trades thinly next to the index heavyweights, so spreads can widen on larger orders.
Distributions arrive once or twice a year, not monthly.

WTV Full equity with no downside cushion, and a value tilt that can lean into a handful of sectors. Risk is the least polished part of the profile.
Rules-based active, not an index tracker, so results can diverge from the Russell 1000 Value in either direction.
Buybacks supply much of the shareholder yield, and companies can scale repurchases back more easily than they cut dividends.wisdomtree.com

Full GSPY profile⁠

Full WTV profile⁠

GSPY vs WTV Holdings

How GSPY and WTV differ

Overlap by weight

21.9%

Shared holdings make up 69.8% of WTV and 28.6% of GSPY.

Level by level

Holdings83 in both21.9%
Sector11 Sectors73.6%
Countryby domicile99.5%
Asset classEquity100%

Sector

Sector weights in GSPY and WTV, widest gap first
Sector	More in GSPYMore in WTV	GSPY	WTV
Technology	GSPY +18.9 points	38.3%	19.4%
Financials	WTV +10.7 points	11.1%	21.8%
Utilities	WTV +4.0 points	0.6%	4.6%
Consumer Discretionary	GSPY +3.9 points	10.2%	6.3%
Consumer Staples	WTV +3.8 points	4.6%	8.4%
Energy	WTV +3.0 points	4.9%	7.9%
Communication	GSPY +2.7 points	10.2%	7.5%
Real Estate	WTV +2.6 points	1.4%	4.0%
Industrials	WTV +1.5 points	6.9%	8.4%
Materials	WTV +0.9 points	1.9%	2.8%
Health Care	GSPY +0.7 points	9.8%	9.1%

Country, concentration and asset class

Country by domicile

Country weights in GSPY and WTV, widest gap first
Country	More in GSPYMore in WTV	GSPY	WTV
Sweden	WTV +0.5 points	0.0%	0.5%
Other countries (6)	GSPY +0.5 points	100.0%	99.5%

Concentration

Weight in the 10 largest Holdings

GSPY39.0%
WTV21.1%

Securities held

GSPY500
WTV124

Asset class

GSPY: Equity
WTV: Equity

Holdings

Only in GSPY417
In both83
Only in WTV41

Only in GSPY

417 securities, 71.3% of GSPY by weight

Apple Inc7.28%
Microsoft Corp6.69%
Alphabet Inc4.76%
Amazon.com Inc4.51%
Berkshire Hathaway Inc1.69%
JPMorgan Chase & Co.1.29%
Tesla Inc1.24%
Broadcom Inc1.24%
Visa Inc1.15%
Advanced Micro Devices Inc0.95%
Coca-Cola Co/The0.93%
Lam Research Corp0.91%
Texas Instruments Inc0.85%
Mastercard Inc0.80%
Caterpillar Inc0.72%
Eli Lilly & Co0.69%
PepsiCo Inc0.68%
McDonald's Corp0.66%
Union Pacific Corp0.66%
Sandisk Corp0.61%
T-Mobile US Inc0.61%
Accenture PLC0.59%
Lockheed Martin Corp0.53%
Bristol-Myers Squibb Co0.46%
Home Depot Inc/The0.46%
Marathon Petroleum Corp0.45%
Medtronic PLC0.45%
Automatic Data Processing Inc0.43%
Walmart Inc0.43%
Lowe's Cos Inc0.43%
CVS Health Corp0.42%
Intel Corp0.38%
Johnson & Johnson0.37%
Regeneron Pharmaceuticals Inc0.37%
General Dynamics Corp0.37%
CSX Corp0.35%
Intuit Inc0.34%
United Parcel Service Inc0.33%
Elevance Health Inc0.33%
Freeport-McMoRan Inc0.32%
American Express Co0.31%
Comcast Corp0.30%
SLB Ltd0.29%
Northrop Grumman Corp0.29%
General Motors Co0.28%
Kla Corp0.28%
Colgate-Palmolive Co0.28%
FedEx Corp0.27%
Abbott Laboratories0.27%
Hewlett Packard Enterprise Co0.27%

Only in WTV

41 securities, 30.0% of WTV by weight

Berkshire Hathaway Inc2.73%
Ryder System Inc1.25%
Coca-Cola Consolidated Inc1.18%
priceline.com Inc1.17%
Healthpeak Properties Inc1.07%
Zoom Video Communications-A1.01%
Molson Coors Beverage Co1.01%
Affiliated Managers Group Inc1.00%
Rexford Industrial Realty Inc0.98%
Match Group Inc0.96%
Paycom Software Inc0.88%
Kraft Foods Inc0.86%
Becton Dickinson and Co0.82%
Booz Allen Hamilton Holding Co0.79%
Maplebear Inc0.79%
Bank of New York Mellon Corp0.78%
WP Carey Inc0.71%
Lineage Inc0.67%
Axis Capital Holdings Ltd0.67%
TripAdvisor Inc0.66%
Renaissancere Holdings Ltd0.64%
Blue Owl Capital Inc0.61%
Carlisle Cos Inc0.59%
Brunswick Corp/DE0.58%
Morningstar Inc0.57%
Owens Corning0.54%
Lithia Motors Inc0.54%
UGI Corp0.54%
Autoliv Inc0.52%
Chesapeake Energy Corp0.47%
Gap Inc/The0.46%
Primerica Inc0.45%
Willis Towers Watson Plc0.44%
Brown-Forman Corp0.43%
Carlyle Group Inc/The0.42%
Snap Inc - A0.42%
Old Republic International Corp0.39%
Primo Brands Corp-A0.39%
Sirius Xm Holdings Inc0.36%
Pinterest Inc- Class A0.35%
United Therapeutics Corp0.34%

Weight gaps

All 83 Holdings in both funds, largest gap first.

Holding weights in GSPY and WTV, widest gap first
Holding	More in GSPYMore in WTV	GSPY	WTV
NVIDIA CorpNVDA	GSPY +2.95 points	6.15%	3.20%
Salesforce IncCRM	WTV +2.14 points	0.09%	2.23%
Micron Technology IncMU	GSPY +1.92 points	2.48%	0.56%
Chevron CorpCVX	WTV +1.81 points	0.67%	2.48%
Thermo Fisher Scientific IncTMO	WTV +1.67 points	0.11%	1.78%
Target CorpTGT	WTV +1.63 points	0.25%	1.88%
Southwest Airlines CoLUV	WTV +1.51 points	<0.01%	1.52%
Meta Platforms IncMETA	GSPY +1.47 points	2.73%	1.26%
Newmont CorpNEM	WTV +1.33 points	0.41%	1.74%
Citigroup IncC	WTV +1.25 points	0.29%	1.54%
Adobe IncADBE	WTV +1.14 points	0.14%	1.28%
Regions Financial CorpRF	WTV +0.97 points	0.01%	0.98%
Altria Group IncMO	WTV +0.92 points	0.47%	1.39%
Halliburton CoHAL	WTV +0.91 points	0.11%	1.02%
Edison InternationalEIX	WTV +0.91 points	0.01%	0.92%
QUALCOMM IncQCOM	WTV +0.87 points	0.08%	0.95%
HCA Healthcare IncHCA	WTV +0.83 points	0.05%	0.88%
AT&T IncT	WTV +0.81 points	0.07%	0.88%
Franklin Templeton IncBEN	WTV +0.79 points	0.04%	0.83%
Kroger Co/TheKR	WTV +0.77 points	0.02%	0.79%
Darden Restaurants IncDRI	WTV +0.73 points	0.01%	0.74%
Progressive Corp/ThePGR	WTV +0.71 points	0.07%	0.78%
Morgan StanleyMS	WTV +0.71 points	0.42%	1.13%
Fortive CorpFTV	WTV +0.70 points	<0.01%	0.71%
Cigna Group/TheCI	WTV +0.69 points	0.29%	0.98%
Alexandria Real Estate Equities IncARE	WTV +0.68 points	<0.01%	0.68%
Travelers Cos Inc/TheTRV	WTV +0.66 points	0.14%	0.80%
ConocoPhillipsCOP	WTV +0.66 points	0.67%	1.33%
Paychex IncPAYX	WTV +0.65 points	0.02%	0.67%
Cognizant Technology Solutions CorpCTSH	WTV +0.63 points	0.12%	0.75%
Roper Technologies IncROP	WTV +0.63 points	0.07%	0.70%
GoDaddy IncGDDY	WTV +0.64 points	0.05%	0.69%
Illinois Tool Works IncITW	WTV +0.61 points	0.04%	0.65%
Cisco Systems IncCSCO	WTV +0.60 points	1.14%	1.74%
3M CoMMM	WTV +0.60 points	0.04%	0.64%
HP IncHPQ	WTV +0.60 points	0.11%	0.71%
Kimberly-Clark CorpKMB	WTV +0.59 points	0.13%	0.72%
Synchrony FinancialSYF	WTV +0.60 points	0.03%	0.63%
Duke Energy CorpDUK	WTV +0.59 points	0.04%	0.63%
Eversource EnergyES	WTV +0.59 points	0.01%	0.60%
Northern Trust CorpNTRS	WTV +0.57 points	0.05%	0.62%
Stanley Black & Decker IncSWK	WTV +0.57 points	0.06%	0.63%
Evergy IncEVRG	WTV +0.55 points	<0.01%	0.56%
Ameriprise Financial IncAMP	WTV +0.55 points	0.05%	0.60%
Walt Disney Co/TheDIS	WTV +0.55 points	0.15%	0.70%
FirstEnergy CorpFE	WTV +0.54 points	0.01%	0.55%
Workday IncWDAY	WTV +0.51 points	0.02%	0.53%
Viatris IncVTRS	WTV +0.50 points	0.01%	0.51%
Equifax IncEFX	WTV +0.50 points	<0.01%	0.51%
Verizon Communications IncVZ	WTV +0.47 points	0.65%	1.12%
MSCI IncMSCI	WTV +0.47 points	0.02%	0.49%
Hartford Insurance Group Inc/TheHIG	WTV +0.46 points	0.02%	0.48%
Merck & Co IncMRK	WTV +0.44 points	1.34%	1.78%
Phillips 66PSX	WTV +0.44 points	0.41%	0.85%
Valero Energy CorpVLO	WTV +0.43 points	0.42%	0.85%
Netflix IncNFLX	WTV +0.43 points	0.66%	1.09%
Pinnacle West Capital CorpPNW	WTV +0.41 points	<0.01%	0.42%
Apollo Global Management IncAPO	WTV +0.41 points	0.10%	0.51%
Johnson Controls International plcJCI	WTV +0.41 points	0.04%	0.45%
Snap-on IncSNA	WTV +0.39 points	0.07%	0.46%
DuPont de Nemours IncDD	WTV +0.39 points	0.07%	0.46%
Uber Technologies IncUBER	WTV +0.37 points	0.07%	0.44%
Blackstone IncBX	WTV +0.37 points	0.13%	0.50%
Raymond James Financial IncRJF	WTV +0.36 points	0.04%	0.40%
FactSet Research Systems IncFDS	WTV +0.35 points	<0.01%	0.36%
PPG Industries IncPPG	WTV +0.34 points	0.10%	0.44%
Vistra CorpVST	WTV +0.34 points	0.02%	0.36%
DR Horton IncDHI	WTV +0.31 points	0.02%	0.33%
Wells Fargo & CoWFC	WTV +0.30 points	0.30%	0.60%
Charles Schwab Corp/TheSCHW	WTV +0.29 points	0.17%	0.46%
Gen Digital IncGEN	WTV +0.26 points	0.02%	0.28%
Pfizer IncPFE	WTV +0.26 points	0.63%	0.89%
Las Vegas Sands CorpLVS	WTV +0.24 points	0.03%	0.27%
S&P Global IncSPGI	WTV +0.24 points	0.07%	0.31%
ExxonMobil Holdings CorpXOM	GSPY +0.20 points	1.24%	1.04%
International Business Machines CorpIBM	WTV +0.19 points	0.11%	0.30%
Goldman Sachs Group Inc/TheGS	WTV +0.18 points	0.38%	0.56%
Honeywell International IncHON	WTV +0.18 points	0.25%	0.43%
UnitedHealth Group IncUNH	GSPY +0.14 points	1.34%	1.20%
Ford Motor CoF	WTV +0.10 points	0.18%	0.28%
Dell Technologies IncDELL	GSPY +0.04 points	0.98%	0.94%
AppLovin CorpAPP	WTV +0.02 points	0.28%	0.30%
Bank of America CorpBAC	WTV +0.01 points	0.51%	0.52%

All GSPY holdings⁠All 157 WTV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GSPY vs WTV Cost

Overpaying GSPY vs WTV

$7,459

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

GSPY 0.50%
$9,979
WTV 0.12%
$2,520

Amount$10,000

Years30 years

Cost over time

GSPY 0.50%
WTV 0.12%
Overpaying

Year by year

Year	GSPY	WTV	Overpaying
10	$900	$220	$680
20	$3,460	$859	$2,601
30	$9,979	$2,520	$7,459

Expense ratio

0.50%GSPY
0.12%WTV, cheaper

WTV0.12%GSPY0.50%

0.12%1.25%

Middle half of US Active Value funds
Median 0.54%

WTV cheapest of 64 funds

GSPY 26th cheapest of 64 funds

GSPY vs WTV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): GSPY 2.30%, better; WTV 2.00%
Payout (12M): GSPY $0.96; WTV $2.14
Last payment: GSPY $0.96; WTV $0.55
Ex-dividend: GSPY Dec 10, 2025; WTV Sep 25, 2026
Paid on: GSPY Dec 11, 2025; WTV Sep 29, 2026
Frequency: GSPY Annual; WTV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

GSPYAnnual · 5 paymentsAll GSPY payments⁠

WTVQuarterly · 43 paymentsAll WTV payments⁠

GSPY vs WTV Risk

Fall from peak · 5 years

GSPY
WTV

Risk facts

VolatilityStd dev, 3 years: GSPY 12.0%, betterWTV 13.7%
Return per unit of riskSharpe ratio, 3 years: GSPY 1.47, betterWTV 1.33
Worst fallMax drawdown, 5 years: GSPY −23.3%WTV −19.3%, better
Market sensitivityBeta, 5 years: GSPY 0.96WTV 0.94; Market = 1

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