Peerless Option Income Wheel ETF

1D
1W
1M
3M
YTD
1Y
5Y
ALL

Why Robinhood?

Robinhood gives you the tools you need to put your money in motion. You can buy or sell WEEL and other ETFs, options, and stocks.

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 August 6, 2026
Technology26.84%
Basic Materials13.46%
Utilities13.36%
Consumer Cyclical12.37%
Healthcare9.42%
Communication Services7.76%
Energy5.51%
Financial Services5.21%
Industrials4.23%
Consumer Defensive1.33%
Real Estate0.51%

Top 10 Holdings (76.75% of total assets)

As of August 6, 2026
NameSymbol% Assets
United States Treasury Bills 0%18.72%
United States Treasury Bills 0%13.18%
United States Treasury Bills 0%12.75%
ARK Innovation ETFARKK6.88%
United States Treasury Bills 0%4.98%
State Street®UtilSelSectSPDR®ETFXLU4.53%
VanEck Gold Miners ETFGDX4.29%
iShares Expanded Tech-Software Sect ETFIGV3.96%
Invesco QQQQQQ3.74%
iShares MSCI Emerging Markets ETFEEM3.72%

WEEL Key Statistics

AUM
40.52M
AUM40.52M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
1.70
30-Day yield1.70
Average volume
24.55K
Average volume24.55K
High today
$20.56
High today$20.56
Low today
$20.45
Low today$20.45
Open price
$20.48
Open price$20.48
Volume
53.65K
Volume53.65K
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

As of today, Peerless Option Income Wheel ETF(WEEL) shares are valued at $20.54. The company's market cap stands at 40.53M.

During the trading session on 2026-08-10, Peerless Option Income Wheel ETF(WEEL) shares reached a daily high of $20.56 and a low of $20.45. At a current price of $20.54, the stock is +0.4% higher than the low and still -0.1% under the high.

Trading volume for Peerless Option Income Wheel ETF(WEEL) stock has reached 53.65K, versus its average volume of 24.55K.

The stock's 52-week range extends from a low of $18.98 to a high of $23.94.

The stock's 52-week range extends from a low of $18.98 to a high of $23.94.

Average Annual Return

Similar Marketcap

This list is generated by looking at the six larger and six smaller companies by market cap in relation to this company.

Popular Stocks

This list is generated by looking at the top 100 stocks and ETFs most commonly held by Robinhood customers and showing a random subset

Newly Listed

This list is generated by showing companies that recently went public.

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.