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
40
Number of holdings40
Inception Date
May 15, 2024
Inception DateMay 15, 2024

What's in this fund

Sectors

As of May 14, 2026
Utilities17.09%
Basic Materials15.51%
Consumer Cyclical15.15%
Technology14.41%
Healthcare14.21%
Communication Services9.57%
Energy4.75%
Financial Services3.80%
Industrials3.13%
Consumer Defensive1.62%
Real Estate0.76%

Top 10 Holdings (87.13% of total assets)

As of May 14, 2026
NameSymbol% Assets
First American Government Obligs X19.62%
United States Treasury Bills 0%19.37%
United States Treasury Bills 0%14.65%
United States Treasury Bills 0%9.14%
ARK Innovation ETFARKK5.83%
State Street®UtilSelSectSPDR®ETFXLU4.65%
Invesco QQQQQQ4.18%
VanEck Gold Miners ETFGDX4.03%
KraneShares CSI China Internet ETFKWEB3.56%
iShares Dow Jones US Home Construction ETFITB2.10%

WEEL Key Statistics

AUM
36.84M
AUM36.84M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
1.58
30-Day yield1.58
Average volume
19.80K
Average volume19.80K
High today
$20.43
High today$20.43
Low today
$20.34
Low today$20.34
Open price
$20.40
Open price$20.40
Volume
11.41K
Volume11.41K
52 Week high
$21.59
52 Week high$21.59
52 Week low
$18.90
52 Week low$18.90
Expense ratio
1.24
Expense ratio1.24

Stock Snapshot

With a market cap of 37.23M, Peerless Option Income Wheel ETF(WEEL) trades at $20.34.

During the trading session on 2026-05-24, Peerless Option Income Wheel ETF(WEEL) shares reached a daily high of $20.43 and a low of $20.34. At a current price of $20.34, the stock is 0.0% higher than the low and still -0.4% under the high.

Trading volume for Peerless Option Income Wheel ETF(WEEL) stock has reached 11.41K, versus its average volume of 19.8K.

The stock's 52-week range extends from a low of $18.90 to a high of $21.59.

The stock's 52-week range extends from a low of $18.90 to a high of $21.59.

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.