AUM $48.1MER 1.24%NAV $19.65Holdings —Inception May 2024
Price Chart
Key Statistics
Previous Close
$19.65Day Range
$19.70$19.82
52-Week Range
$18.98$20.94
Avg Volume
20.0KDividend Yield
12.53%Expense Ratio
1.24%AUM
$48.1MShares Outstanding
738.8KETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Financial Services | 22.82% |
| Consumer Cyclical | 15.05% |
| Industrials | 12.68% |
| Utilities | 11.47% |
| Technology | 9.39% |
| Real Estate | 8.75% |
| Basic Materials | 8.19% |
| Communication Services | 5.98% |
| Consumer Defensive | 2.82% |
| Healthcare | 2.37% |
| Energy | 0.49% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 88.91% |
| Other | 11.09% |
Fund Information
- Issuer
- Peerless
- Category
- Financial Services
- Inception Date
- May 16, 2024
- Exchange
- NYSE_ARCA
- Description
- The fund is an actively managed ETF that seeks current income. The fund’s strategy consists of two main components: firstly, investing in a range of sector-specific ETFs and, in some instances, individual securities; and secondly, implementing an "option wheel strategy". The fund will primarily invest in different market sectors using sector ETFs. The fund is non-diversified.
Similar ETFs
The Peerless Option Income Wheel ETF (WEEL) is an exchange-traded fund issued by Peerless that launched on May 16, 2024. It currently manages $48.1M in assets under management. The fund charges an expense ratio of 1.24%. It falls under the Financial Services category.
Top 10 holdings represent 73.9% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | Cash & Other | 11.67% | 5,615,875 | $5.6M |
| 2 | — | United States Treasury Bill 11/12/2026 | 11.35% | 5,475,000 | $5.5M |
| 3 | KRE | State Street SPDR S&P Regional Banking ETF | 8.42% | 56,000 | $4.1M |
| 4 | IWM | iShares Russell 2000 ETF | 8.22% | 14,300 | $4.0M |
| 5 | ARKK | ARK Innovation ETF | 7.48% | 44,000 | $3.6M |
| 6 | QQQ | Invesco QQQ Trust Series 1 | 6.15% | 4,200 | $3.0M |
| 7 | — | United States Treasury Bill 11/27/2026 | 6.03% | 2,915,000 | $2.9M |
| 8 | XBI | State Street SPDR S&P Biotech ETF | 5.20% | 16,500 | $2.5M |
| 9 | SMH | VanEck Semiconductor ETF | 4.89% | 4,500 | $2.4M |
| 10 | KWEB | KraneShares CSI China Internet ETF | 4.53% | 94,000 | $2.2M |
| 11 | XLI | State Street Industrial Select Sector SPDR ETF | 4.33% | 12,500 | $2.1M |
| 12 | XLU | State Street Utilities Select Sector SPDR ETF | 3.74% | 42,000 | $1.8M |
| 13 | EEM | ISHARES MSCI EMERGING MARKETS INDEX FUND | 3.46% | 27,000 | $1.7M |
| 14 | IGV | iShares Expanded Tech-Software Sector ETF | 3.39% | 15,000 | $1.6M |
| 15 | IYR | iShares U.S. Real Estate ETF | 3.07% | 15,000 | $1.5M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.44% | |
| 1W | +0.82% | |
| 1M | -1.01% | |
| 3M | -0.41% | |
| 6M | -2.38% | |
| YTD | -1.65% | |
| 1Y | -3.37% | |
| 3Y | +97.69% | |
| 5Y | +97.69% |
Moving Averages
20-Day MA
$19.83
Below 20-Day MA50-Day MA
$20.28
Below 50-Day MA200-Day MA
$20.21
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$20.94
Current Price
$19.74
52-Week Low
$18.98
$18.98$20.94
Current Yield
12.53%
Annual Dividend
$2.5500
Frequency
Quarterlyx/year
Last Ex-Date
Mar 26, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Mar 26, 2026 | $0.6000 | Mar 27, 2026 |
| Dec 30, 2025 | $0.7500 | Dec 31, 2025 |
| Sep 25, 2025 | $0.6000 | Sep 26, 2025 |
| Jun 26, 2025 | $0.6000 | Jun 27, 2025 |
| Mar 27, 2025 | $0.6000 | Mar 28, 2025 |
| Dec 27, 2024 | $0.7320 | Dec 30, 2024 |
| Sep 25, 2024 | $0.6000 | Sep 26, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | WEEL | Financial Services(755 ETFs) | Active(633 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 1.24% | 0.70% | 0.84% |
| AUM | $48.1M | $3.60B | $397.9M |
| Dividend Yield | 12.53% | 4.89% | 6.77% |
| Avg Volume | 20.0K | 857.0K | 128.5K |
| Holdings | — | 236 | 85 |
| Performance | |||
| 1-Month Return | -1.44% | -1.91% | -2.36% |
| 6-Month Return | -3.10% | -2.01% | -2.99% |
| YTD Return | -1.40% | +3.42% | +2.69% |
| 1-Year Return | -2.33% | +0.14% | +0.02% |
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