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WEEL

Peerless Option Income Wheel ETF

WEEL

Market cap $43.5M

20.70 USD

-0.13

0.62%

At close Updated Sep 8, 4:00 PM EDT

1 day

-0.62%

5 days

0.93%

1 month

0.39%

3 months

2.37%

6 months

1.77%

Year to date

2.99%

1 year

1.42%

5 years

3.45%

10 years

3.45%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0%

Neutral 100%

Negative 0%

24/7 Wall Street

This ETF Pays You 11% to Wait Out an Expensive Market

Contact [email protected] for any questions or corrections.

This ETF Pays You 11% to Wait Out an Expensive Market

24/7 Wall Street

2 ETFs That Keep Paying You Even If the S&P 500 Goes Nowhere for Years

Different approaches, similar objective: JEPI uses actively managed stocks and equity-linked notes, while WEEL systematically implements the options wheel strategy to generate income from both puts and covered calls.

2 ETFs That Keep Paying You Even If the S&P 500 Goes Nowhere for Years

The Peerless Option Income Wheel: The Dividends Your Portfolio Is Missing

WEEL employs a systematic option wheel strategy, selling cash-secured puts and, on assignment, covered calls to harvest option premium as its primary income source. The strategy's risk-reward profile shifts across market regimes: premium-driven income can cushion flat or declining markets, while covered calls cap upside in strong rallies. Within the derivative income category, WEEL's put-writing leg differentiates it from the covered call-dominated peer set, giving it a distinct income profile.

The Peerless Option Income Wheel: The Dividends Your Portfolio Is Missing

24/7 Wall Street

The Options Wheel Strategy ETF Most Income Investors Have Never Heard of That Pays a ~12% Yield

WEEL begins by writing out-of-the-money (OTM) cash-secured put options on a portfolio consisting primarily of sector ETFs, although it may also use other liquid ETFs with elevated implied volatility.

The Options Wheel Strategy ETF Most Income Investors Have Never Heard of That Pays a ~12% Yield

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.

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