WEELPeerless Option Income Wheel ETF
Seeks current income.
By Peerless ETFs · Launched 2024
Annual Cost
0.99%
#5,284 of 6,040 · expensive
Fund Size
$43M
#3,895 of 6,040 · mid-size
Return (1Y)
+14.7%
Track Record
2 years
#3,492 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,478+14.8%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 74.4% of fundconcentrated
TREASURY BILL
12.7%
TREASURY BILL
11.1%
State Street SPDR S&P Regional
10.1%
ARK Innovation ETF
8.6%
Invesco QQQ Trust Series 1
6.6%
First American Government Obli
6.4%
KraneShares CSI China Internet
5.5%
State Street Industrial Select
4.9%
VanEck Gold Miners ETF/USA
4.5%
iShares Expanded Tech-Software
3.9%
Asset allocation
Stocks
47.5%
Cash
38.2%
Other
14.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
8.8%Low
Year-on-year price swings
Max drawdown
-17.5%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks current income.
- Strategy
- Actively managed ETF that seeks current income through an option wheel strategy, investing in sector-specific ETFs and individual securities. The strategy involves writing options to generate income and potentially acquire assets at lower prices, while maintaining liquidity with U.S. Treasury securities and money market funds.
- Inception date
- May 15, 2024
- Fund family
- Peerless ETFs
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18