Skip to content
Beacon

WMTIREX WMT Growth & Income ETF

Grow my moneyGet incomeNewRanked #1,463 of 1,622 in this goal

The Funds primary investment objective is to pay weekly distributions.

By Rex · Launched 2025

Annual Cost

0.99%

#4,898 of 5,562 · expensive

Fund Size

$16M

#4,481 of 5,562 · small

Return (1Y)Goal

N/A

Track Record

7 months

#4,931 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$11,483+14.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

What it actually holds

By weight

Concentration

Top 5 holdings = 99.0% of fundconcentrated

TREASURY BILL
94.6%
N/AWMT 2 C110
5.8%
First American Government Obli
2.1%
N/A
-0.0%
N/A
-3.5%

Asset allocation

Cash
117.2%
Other
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-17.2%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
The Funds primary investment objective is to pay weekly distributions.
Strategy
The Fund is an actively managed ETF that seeks to pay weekly distributions by employing a covered call strategy and maintaining 105%-150% notional exposure to the Underlying Security through options contracts, swap agreements, and direct purchases. It may invest in Leveraged ETFs for additional exposure. The Fund will rebalance daily to maintain this exposure and generate income through covered call writing. It will invest at least 80% of net assets in the Underlying Security or related income-producing investments.
Inception date
November 3, 2025
Fund family
Rex

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

What's next?

You've reviewed WMTI. Save it to your watchlist to track it alongside the other funds you're weighing.

Data updated on 2026-06-19