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 - Diversified
CategoryDerivative Income - Diversified
Number of holdings
46
Number of holdings46
Inception Date
May 15, 2024
Inception DateMay 15, 2024

What's in this fund

Sectors

As of October 29, 2026
Technology24.23%
Financial Services19.16%
Industrials10.88%
Basic Materials9.87%
Consumer Cyclical9.32%
Utilities6.89%
Real Estate6.10%
Healthcare5.97%
Communication Services5.45%
Consumer Defensive1.46%
Energy0.67%

WEEL Key Statistics

AUM
48.86M
AUM48.86M
Price-Earnings ratio
—
Price-Earnings ratio—
30-Day yield
1.70
30-Day yield1.70
Average volume
15.13K
Average volume15.13K
High today
$19.98
High today$19.98
Low today
$19.50
Low today$19.50
Open price
$19.57
Open price$19.57
Volume
41.86K
Volume41.86K
52 Week high
$23.94
52 Week high$23.94
52 Week low
$18.98
52 Week low$18.98
Expense ratio
1.25
Expense ratio1.25

Stock Snapshot

Peerless Option Income Wheel ETF(WEEL) stock is priced at $19.98, giving the company a market capitalization of 48.88M.

As of 2026-11-02, Peerless Option Income Wheel ETF(WEEL) stock has fluctuated between $19.50 and $19.98. The current price stands at $19.98, placing the stock +2.5% above today's low and 0.0% off the high.

The Peerless Option Income Wheel ETF(WEEL)'s current trading volume is 41.86K, compared to an average daily volume of 15.13K.

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.