Peerless Option Income Wheel ETF (WEEL)

NYSEARCA: WEEL · IEX Real-Time Price · USD
20.62
+0.12 (0.59%)
Jul 15, 2024, 12:23 PM EDT - Market open
0.59%
Assets $4.59M
Expense Ratio 1.07%
PE Ratio n/a
Shares Out 225,000
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return n/a
Volume 1,601
Open 20.63
Previous Close 20.50
Day's Range 20.62 - 20.63
52-Week Low 19.75
52-Week High 20.63
Beta 0.08
Holdings n/a
Inception Date May 15, 2024

About WEEL

Fund Home Page

The Peerless Option Income Wheel ETF (WEEL) is an exchange-traded fund that mostly invests in total market equity. The fund 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. WEEL was launched on May 15, 2024 and is issued by Peerless.

Asset Class Equity
Region Global
Stock Exchange NYSEARCA
Ticker Symbol WEEL
ETF Provider Peerless

News

Peerless Wealth Launches Option Wheel Strategy ETF

On Thursday, Peerless Wealth rolled out the Peerless Option Income Wheel ETF (WEEL). The fund is actively managed and seeks to provide investors with current income.

2 months ago - ETF Trends