Peerless Option Income Wheel ETF

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About WEEL

WEEL seeks current income by investing in sector-specific ETFs while utilizing an option wheel strategy that combines cash-secured put writing with covered call writing. The actively managed fund aims to generate equity-like returns over the long term through income generation, with less overall volatility. 

Category
Derivative Income
CategoryDerivative Income
Number of holdings
43
Number of holdings43
Inception Date
May 15, 2024
Inception DateMay 15, 2024

What's in this fund

Sectors

As of May 22, 2026
Financial Services23.34%
Healthcare17.17%
Consumer Cyclical12.62%
Technology11.56%
Basic Materials9.43%
Utilities8.52%
Communication Services5.50%
Real Estate4.47%
Energy2.74%
Industrials2.63%
Consumer Defensive2.02%

Top 10 Holdings (75.39% of total assets)

As of May 22, 2026
NameSymbol% Assets
United States Treasury Bills 0%18.84%
United States Treasury Bills 0%10.79%
State Street® SPDR® S&PRgnllBkgETFKRE10.64%
ARK Innovation ETFARKK7.92%
State Street® SPDR® S&P® Biotech ETFXBI4.78%
VanEck Gold Miners ETFGDX4.69%
First American Government Obligs X4.67%
State Street®UtilSelSectSPDR®ETFXLU4.58%
iShares MSCI Emerging Markets ETFEEM4.43%
Invesco QQQQQQ4.05%

WEEL Key Statistics

AUM
37.47M
AUM37.47M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
1.58
30-Day yield1.58
Average volume
9.99K
Average volume9.99K
High today
$20.29
High today$20.29
Low today
$20.07
Low today$20.07
Open price
$20.26
Open price$20.26
Volume
9.25K
Volume9.25K
52 Week high
$21.59
52 Week high$21.59
52 Week low
$18.98
52 Week low$18.98
Expense ratio
1.24
Expense ratio1.24

Stock Snapshot

Peerless Option Income Wheel ETF(WEEL) stock is priced at $20.20, giving the company a market capitalization of 36.92M.

As of 2026-06-09, Peerless Option Income Wheel ETF(WEEL) stock has fluctuated between $20.07 and $20.29. The current price stands at $20.20, placing the stock +0.6% above today's low and -0.4% off the high.

The Peerless Option Income Wheel ETF(WEEL)'s current trading volume is 9.25K, compared to an average daily volume of 9.99K.

During the past year, Peerless Option Income Wheel ETF(WEEL) stock moved between $18.98 at its lowest and $21.59 at its peak.

During the past year, Peerless Option Income Wheel ETF(WEEL) stock moved between $18.98 at its lowest and $21.59 at its peak.

Average Annual Return

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All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.