WZRDOpportunistic Trader ETF
Seeks total return by investing in a portfolio of securities of individual companies and index ETFs.
By Tuttle Capital Management, LLC · Launched 2025
1.00%
#5,196 of 5,861 · expensive
$1.0M
#5,665 of 5,861 · small
-96.3%
1 year
#4,406 of 5,861 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 1 holdings = 0.2% of fund✓ well diversified
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca, Cboe BZX
Full fund details
- Objective
- Seeks total return by investing in a portfolio of securities of individual companies and index ETFs.
- Strategy
- Actively manages a portfolio focused on total return, investing in individual companies and ETFs, primarily in the Information Technology Sector. Utilizes derivatives, including options and futures, and may implement covered call strategies to generate incremental returns. Investments are typically held for a week or less, targeting short-term opportunities.
- Inception date
- June 24, 2025
- Fund family
- Tuttle Capital Management, LLC
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
The big yield isn't extra money
The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.
Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-04