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NYSEARCA:WEEL

Peerless Option Income Wheel ETF (WEEL) Price, Holdings, & News

$19.80 -0.09 (-0.43%)
As of 10:58 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Peerless Option Income Wheel ETF (NYSEARCA:WEEL)

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Key Stats

Today's Range
$19.80
▼
$19.84
50-Day Range
$19.81
▼
$20.94
52-Week Range
$18.98
▼
$23.94
Volume
6,101 shs
Average Volume
17,887 shs
Market Capitalization
$48.50 million
Assets Under Management
$48.66 million
Dividend Yield
12.88%
Net Expense Ratio
0.99%
Aggregate Rating
N/A

ETF Overview

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.

Peerless Option Income Wheel ETF Expenses

TypeWEELStrategy ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee1.09%0.46%0.57%0.50%0.53%
Other Expenses0.15%0.37%0.53%0.60%0.54%
Total Expense1.24%0.62%0.75%0.75%0.73%
Fee Waiver-0.25%-0.47%-0.67%-0.78%-0.68%
Net Expense0.99%0.51%0.63%0.57%0.60%
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WEEL ETF News Headlines

How one AI fund pays investors every Thursday
One small fund tied to artificial intelligence stocks delivered $1,051 in a single month, not through selling shares or trading options, but simply by holding the fund and letting it pay out cash every Thursday. That works out to a 34% annualized distribution rate, even though the underlying AI stocks pay no dividends themselves. Tim Plaehn, Chief Income Strategist at Investors Alley, breaks down exactly how the fund generates these weekly payouts.tc pixel
See More Headlines

WEEL ETF - Frequently Asked Questions

Peerless Option Income Wheel ETF's stock was trading at $20.05 at the beginning of the year. Since then, WEEL stock has decreased by 1.2% and is now trading at $19.80.

Shares of WEEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

Issuer
Peerless ETFs
Fund Name
Peerless Option Income Wheel ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:WEEL
Inception Date
5/16/2024
Fund Manager
Erik Thompson, Robert Pascarella, Qiao Duan, Christopher Mullen
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Sector
Focus
Strategy
Development Level
Developed Markets
Region
North America
Number of Holdings
48

Fund Statistics

Assets Under Management
$48.66 million
Average Daily Volume
$0.00
Discount/Premium
0.02%

Administrator, Advisor and Custodian

Administrator
Tidal ETF Services, LLC
Advisor
Tidal Investments, LLC
Custodian
U.S. Bank, N.A.
Distributor
Foreside Fund Services, LLC
Transfer Agent
U.S. Bancorp Fund Services, LLC
Trustee
N/A
Lead Market Maker
Old Mission

Options

Optionable
N/A
Short Interest
16,300 shs

Miscellaneous

Beta
0.51
Creation Fee
$300.00
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Top 10 WEEL Holdings

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This page (NYSEARCA:WEEL) was last updated on 10/14/2026 by MarketBeat.com Staff.
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