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
42
Number of holdings42
Inception Date
May 15, 2024
Inception DateMay 15, 2024

What's in this fund

Sectors

As of July 10, 2026
Technology26.37%
Consumer Cyclical13.03%
Utilities11.21%
Basic Materials10.90%
Energy10.25%
Communication Services10.15%
Healthcare7.29%
Financial Services4.86%
Industrials3.70%
Consumer Defensive1.63%
Real Estate0.61%

Top 10 Holdings (80.94% of total assets)

As of July 10, 2026
NameSymbol% Assets
United States Treasury Bills 0%17.17%
United States Treasury Bills 0%15.84%
United States Treasury Bills 0%13.25%
ARK Innovation ETFARKK7.61%
Invesco QQQQQQ5.83%
KraneShares CSI China Internet ETFKWEB4.97%
State Street®UtilSelSectSPDR®ETFXLU4.42%
VanEck Gold Miners ETFGDX4.02%
iShares MSCI Emerging Markets ETFEEM3.99%
iShares Expanded Tech-Software Sect ETFIGV3.84%

WEEL Key Statistics

AUM
38.51M
AUM38.51M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
1.70
30-Day yield1.70
Average volume
19.29K
Average volume19.29K
High today
$20.12
High today$20.12
Low today
$20.01
Low today$20.01
Open price
$20.06
Open price$20.06
Volume
11.38K
Volume11.38K
52 Week high
$23.94
52 Week high$23.94
52 Week low
$18.98
52 Week low$18.98
Expense ratio
1.24
Expense ratio1.24

Stock Snapshot

The current Peerless Option Income Wheel ETF(WEEL) stock price is $20.12, with a market capitalization of 38.73M.

On 2026-07-16, Peerless Option Income Wheel ETF(WEEL) stock traded between a low of $20.01 and a high of $20.12. Shares are currently priced at $20.12, which is +0.5% above the low and 0.0% below the high.

Peerless Option Income Wheel ETF(WEEL) shares are trading with a volume of 11.38K, against a daily average of 19.29K.

In the last year, Peerless Option Income Wheel ETF(WEEL) shares hit a 52-week high of $23.94 and a 52-week low of $18.98.

In the last year, Peerless Option Income Wheel ETF(WEEL) shares hit a 52-week high of $23.94 and a 52-week low of $18.98.

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.