# WisdomTree Launches 2 ETFs for Hedge Fund Strategies

> WisdomTree's new Texas Stock Exchange ETFs offer hedge fund-style long/short strategies to everyday investors.
- Title: WisdomTree Launches 2 ETFs for Hedge Fund Strategies
- Summary: WisdomTree's new Texas Stock Exchange ETFs offer hedge fund-style long/short strategies to everyday investors. WisdomTree launched two ETFs on the Texas…
- Keywords: wisdomtree, texas stock exchange, etf, long/short strategy, hedge fund, expense ratio, 0.88%, txse, Launches, ETFs, Hedge, Fund
- Source: 24/7 Wall St. — https://247wallst.com/investing/etf/2026/10/18/wisdomtree-launches-2-etfs-on-the-texas-stock-exchange-bringing-hedge-fund-style-long-short-strategies-to-everyday-investors
- Author: Ryne Mauck
- Published: 2026-10-18T20:03:04+00:00
- Read time: 1 min
- Topics: wisdomtree, texas stock exchange, etf, long/short strategy, hedge fund, expense ratio, 0.88%, txse
## WisdomTree Launches Two ETFs
WisdomTree announced two new ETFs on the Texas Stock Exchange: WisdomTree Efficient Long/Short U.S. SmallCap Equity Fund (TXSE:WSLS) and WisdomTree Global Alpha Fund (TXSE:WTAL).
## 0.88% Expense Ratio
Both funds have an expense ratio of 0.88% to cover the cost of their hedge fund-style long/short strategies.
## Hedge Fund Strategies in ETFs
The ETFs aim to bring systematic long/short strategies traditionally associated with hedge funds to everyday investors through an ETF structure.
## How Long/Short Funds Work
A long position profits when a stock rises, while a short position profits when a stock falls, creating potential returns from the gap between winners and losers.
## WSLS Focus on Small Caps
WSLS holds broad U.S. small-cap exposure and adds a dynamic long/short overlay to pick individual small-cap stocks with wider return spreads.
## WTAL Market-Neutral Approach
WTAL aims for market-neutral returns by using derivatives and holding Treasuries to earn from stock performance gaps regardless of market direction.
## AI Models for Investment Picks
Both funds use machine learning models from AlphaBeta, an Israeli fintech firm, trained on historical data to forecast returns and risk.
## Risks and Fee Challenges
The funds use derivatives for leverage, carry higher fees than index funds, and require models to outperform the 0.88% expense ratio.
## Key takeaway

WisdomTree launched two ETFs on the Texas Stock Exchange providing hedge fund-style long/short strategies with 0.88% expense ratios.