Nicholas Defense and Rare Earth Income ETF

1D
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1M
3M
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1Y
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About WEPN

WEPN actively manages a portfolio composed of defense and rare earth industry companies, strategic metals and minerals commodities, and options overlay. The funds selection process is based on valuation, implied volatility, company fundamentals, and macroeconomic factors, including real interest rates and inflation. 

Category
Industrials
CategoryIndustrials
Number of holdings
79
Number of holdings79
Inception Date
Mar 2, 2026
Inception DateMar 2, 2026

What's in this fund

Sectors

As of October 22, 2026
Technology40.82%
Industrials40.39%
Basic Materials15.80%
Energy2.60%
Consumer Cyclical0.27%
Utilities0.12%

WEPN Key Statistics

AUM
4.92M
AUM4.92M
Price-Earnings ratio
—
Price-Earnings ratio—
30-Day yield
-0.43
30-Day yield-0.43
Average volume
2.94K
Average volume2.94K
High today
$38.96
High today$38.96
Low today
$38.94
Low today$38.94
Open price
$38.94
Open price$38.94
Volume
2.71K
Volume2.71K
52 Week high
$50.28
52 Week high$50.28
52 Week low
$38.18
52 Week low$38.18
Expense ratio
1.11
Expense ratio1.11

Stock Snapshot

With a market cap of 4.93M, Nicholas Defense and Rare Earth Income ETF(WEPN) trades at $38.96.

As of 2026-10-25, Nicholas Defense and Rare Earth Income ETF(WEPN) stock has fluctuated between $38.94 and $38.96. The current price stands at $38.96, placing the stock +0.1% above today's low and 0.0% off the high.

The Nicholas Defense and Rare Earth Income ETF(WEPN)'s current trading volume is 2.71K, compared to an average daily volume of 2.94K.

During the past year, Nicholas Defense and Rare Earth Income ETF(WEPN) stock moved between $38.18 at its lowest and $50.28 at its peak.

During the past year, Nicholas Defense and Rare Earth Income ETF(WEPN) stock moved between $38.18 at its lowest and $50.28 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.