+ Small caps typically have more direct access to local consumer sectors and local economies

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1 WisdomTree Emerging Markets SmallCap Fund DGS The world economy is increasingly powered by the evolution of the emerging market consumer and growing manufacturing base. At the same time, consumers in developed countries are plagued by slower economic growth as their economies experience a deleveraging process. This "new normal" global economy has implications for global consumption trends most especially in the developed world. 1 So, how do investors position their portfolios to take advantage of this trend? The most common way investors have been accessing the emerging markets is through small-cap index funds. + Small caps typically have more direct access to local consumer sectors and local economies + Small caps have a unique and different country mix, compared to large caps + Small caps offer potential for greater growth opportunities than large caps These three benefits have consistently translated into strong historical performance for emerging market small caps. WisdomTree believes these characteristics will continue to add up to strong performance potential going forward as well, so long as investors are cognizant of some common pitfalls to small-cap investing. 2 SMALL-CAP STOCKS AND THE "VALUE PREMIUM" In general, small-cap stocks often sell at higher valuations than large caps because they are viewed as having more long-term growth opportunities. In other words, small caps naturally contain a growth bias. So, why is this important? Academic research, most notably conducted by Eugene Fama and Kenneth French, sets forth the concept that the returns of stocks are often a function of their exposures to various risk premiums. In theory, these risk premiums provide additional returns for small-cap stocks over large-cap stocks and value stocks over growth stocks. In fact, the historical returns in emerging markets over the past decade bear these theories out, illustrating that the value premium the additional return one can expect from value stocks over growth stocks was more evident in small caps than in large caps. In fact, the value premium in emerging market small caps was even greater than that of small caps in the United States. 1 The term "new normal" was coined by PIMCO to express their view of global growth prospects. 2 Source: WisdomTree

2 DGS EMERGING MARKETS SMALLCAP DIVIDEND FUND 2 Looking at the returns of different Emerging Markets Equity Indexes in conjunction with the WisdomTree index, we can better dissect the aforementioned return premia: WisdomTree Emerging Markets SmallCap Index vs. MSCI Indexes 80.0% 60.0% 60.7% + Size Premium The outperformance of the MSCI Emerging Markets Small Cap Index versus the MSCI Emerging Markets Index highlights the small-cap premium exhibited within emerging market equities over this period + Tapping Value Premium The outperformance of the WisdomTree Emerging Markets SmallCap Index versus the MSCI Emerging Markets Small Cap Index exhibits the returns of Emerging Market equities which tap the value premium Cumulative Return 40.0% 20.0% 0.0% -20.0% -40.0% -60.0% -80.0% MSCI Emerging Markets Index WisdomTree Emerging Markets SmallCap Index MSCI Emerging Markets SmallCap Index 23.9% 21.1% 8/1/2007-9/30/2017 Avg. Ann. Return Avg. Ann. Std. Dev. Sharpe Ratio Beta vs MSCI EM SC Correlation to MSCI EM SC WisdomTree EM SmallCap Index 4.77% 22.05% MSCI Emerging Markets Index 2.13% 23.22% MSCI Emering Markets Small Cap Index 1.90% 24.67% WisdomTree, Bloomberg. The start date being chosen is the inception date of the WisdomTree Index from 8/1/2007-9/30/2017. Past performance is not indicative of future results. You cannot invest directly in an index. Index performance does not represent actual fund or portfolio performance. A fund or portfolio may differ significantly from the securities included in the index. Index performance assumes reinvestment of dividends but does not reflect any management fees, transaction costs or other expenses that would be incurred by a portfolio or fund, or brokerage commissions on transactions in fund shares. Such fees, expenses and commissions could reduce returns. Additional index information is available at wisdomtree.com

3 DGS EMERGING MARKETS SMALLCAP DIVIDEND FUND 3 WISDOMTREE EMERGING MARKET SMALL-CAP DIVIDEND INDEX OFFERS UNIQUE COUNTRY EXPOSURES The WisdomTree Emerging Markets SmallCap Index provides significant exposure to some emerging market countries that are often overlooked in large-cap portfolios. For example, WisdomTree's strategy tends to find value in domiciles such as Taiwan and Thailand which leads to overweights in these countries. Conversely, in cases such as India, where dividends are less of an emphasis in corporate culture, the WT index tends to be underweight. This may offer a nice compliment to a market cap weighted large cap allocation in the Emerging Markets. TOP COUNTRY OVER/UNDER-WEIGHTS Top 3 Overweights Country WT EM Small Cap MSCI EM Over/Under Taiwan 24.9% 12.27% 12.63% Thailand 10.9% 2.26% 8.60% Malaysia 5.16% 2.44% 2.72% Top 3 Underweights China 21.8% 26.90% -5.08% Korea 8.8% 15.07% -6.31% India 0.5% 8.86% -8.36% Source: WisdomTree, FactSet as of 9/30/2017. Shows the country weights of the WisdomTree Emerging Markets SmallCap Index relative to the MSCI Emerging Markets Index. Weights subject to change. WISDOMTREE EMERGING MARKET SMALL-CAP DIVIDEND INDEX OFFERS UNIQUE SECTOR EXPOSURES Very few of the stocks in large-cap emerging market funds represent access to the emerging market consumer or manufacturing stocks that are becoming the growth engine of the global economy. As of 9/30/2017, the WisdomTree Emerging Markets Small Cap Index has shown an emphasis on two major themes in Emerging Market equities. The first theme with EM is commonly the manufacturing sectors where the WT index maintains overweights most notably in the industrials sector. The second theme which many investors focus on is the consumer story. This shows up particularly strong in the WT index with significant overweights to the Consumer discretionary and real estate sectors. TOP SECTOR OVER/UNDER-WEIGHTS Financials Information Technology Telecommunication Services Energy Consumer Staples Materials Health Care Utilities Consumer Discretionary Industrials Real Estate -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% 15.0% Source: WisdomTree, FactSet as of 9/30/2017. Shows the sector weights of the WisdomTree Emerging Markets SmallCap Index relative to the MSCI Emerging Markets Index. Weights subject to change.

4 DGS EMERGING MARKETS SMALLCAP DIVIDEND FUND 4 WISDOMTREE AMPLIFIES SIZE AND VALUE PREMIUMS The WisdomTree Emerging Markets SmallCap Index is designed to introduce a value tilt to emerging market small caps by shifting weight to those stocks selling at lower valuation multiples 3 yielders.) (the high-dividend Weighting Method Market Cap Weighting Weighting Over-weights Stocks with Higher Valuation Multiples Lower Yields Lower Valuation Multiples Higher Yields A market cap-weighted index magnifies the weight of the more richly valued stocks or countries; that is, for two stocks with the same level of earnings, a market cap-weighted index will give the greatest weight to the stock with the highest P/E ratio. WisdomTree's dividend-weighted indexes allocate weights to stocks and countries by treating all dividends equally. THE DIFFERENCE DIVIDEND WEIGHT MAKES WisdomTree believes its weighing methodology has positive implications for the dividend income generated by its indexes, and the below example illustrates how this is accomplished. In the following hypothetical example, the dividend-weighted three stock portfolio generates approximately 30% more dividend income and almost 1% of additional dividend yield 4 than the market cap-weighted option. What's more, it did this using the same three stocks and the same initial investment. Company Market Cap (Millions) Stream (Millions) Yield Market Cap Weight Investment Income Weight Investment Income A $2,000 $50 2.5% 50% $50,000 $1,250 40% $40,000 $1,000 B $1,000 $15 1.5% 25% $25,000 $375 12% $12,000 $180 C $1,000 $60 6.0% 25% $25,000 $1,500 48% $48,000 $2,880 Totals $4,000 $125 $100,000 $3,125 $100,000 $4,060 This hypothetical example shows how different stocks might be weighted using market cap-weighting and dividend weighting. It is not reflective of any actual index or fund and is for illustrative purposed only. 3 Valuation multiple: A measure of a company's share price relative to a financial metric, which could include dividends or earnings. 4 yield: A financial ratio that shows how much a company pays out in dividends each year relative to its share price.

5 DGS EMERGING MARKETS SMALLCAP DIVIDEND FUND 5 A SMART WAY TO ACCESS EMERGING MARKET SMALL CAPS As investors look to increase their allocations to leverage the global growth of the emerging markets, WisdomTree believes the WisdomTree Emerging Markets SmallCap Fund (DGS) represents an attractive opportunity to participate in this market segment. + Provides direct access to local consumer sectors and local economies + Offers a unique country mix + Can enhance the small cap and value premiums through dividend weighting + Has a strong history of performance WisdomTree Emerging Markets SmallCap Fund Quick Facts Ticker: DGS Exchange: NYSE Expense Ratio: 0.63% Structure: Open-end ETF Exposure: Small Cap Emerging Market Payers Rebalancing: The portfolio is rebalanced annually FOR MORE INFORMATION ABOUT HOW DGS OR ANY OF WISDOMTREE'S EMERGING MARKETS ETFS CAN HELP INVESTORS LEVERAGE THE NEW ENGINE OF GLOBAL GROWTH, VISIT WISDOMTREE.COM

6 DGS EMERGING MARKETS SMALLCAP DIVIDEND FUND 6 Unless otherwise stated, data source is WisdomTree. The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure emerging markets equity performance. The MSCI Emerging Markets Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of small-capitalization equities in the emerging markets. Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds before investing. To obtain a prospectus containing this and other important information, please call , or visit wisdomtree.com to view or download a prospectus. Investors should read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Funds focusing on a single sector and/or smaller companies generally experience greater price volatility. Investments in emerging, offshore or frontier markets are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation, intervention and political developments. Due to the investment strategy of this Fund it may make higher capital gain distributions than other ETFs. Please read the Fund's prospectus for specific details regarding the Fund's risk profile. Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits), even if notified of the possibility of such. WisdomTree Funds are distributed by Foreside Fund Services, LLC, in the U.S. only WisdomTree Investments, Inc. "WisdomTree" is a registered mark of WisdomTree Investments, Inc. WTGM-2773