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WEEL
+0.24 · +1.18%
$20.31 · NYSE ARCA

Peerless Option Income Wheel ETF (WEEL) ETF Analysis | Derivative Income

Peerless ETFs · USA
AUM:$30.2M
#– of – in Derivative Income ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 17.5% over the past year, showing positive momentum.

What is WEEL?

The fund is an actively managed ETF that seeks current income. The fund"s strategy consists of two main components: firstly, investing in a range of sector-specific ETFs and, in some instances, individual securities; and secondly, implementing an option wheel strategy.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Strong Recent Performance
WEEL delivered 17.5% over the past year. Historical returns only — past performance is not indicative of future results.
Moderate Concentration
Top 10 holdings make up 30.2% of the ETF — a moderate level of name concentration.
Notable Dividend Yield
Current yield of 12.67% provides a meaningful income component alongside market exposure.
ETF Information
AUM$30.2M
Expense Ratio0.00%
Dividend Yield12.67%
Holdings9
Inception DateMay 2024
Domicile–
Distribution–
Index–
ProviderPeerless ETFs
Beta–
CategoryDerivative Income
CurrencyUSD
Portfolio Impact

How would WEEL affect your portfolio?

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+4.9%
1Y
+11.1%
3Y
+29.7%
5Y
+29.7%
OpenBook InsightIf you had invested £10,000 in WEEL 5 years ago, it would have grown to £12,969 — a gain of £2,969.

Annual Returns

Calendar year performance

WEEL delivered positive returns in 3 of the last 3 calendar years.
YearWEEL
2026 YTD+6.3%
2025+17.6%
2024+3.3%
CAGR 2yr+10.2%
3/3 positive yearsAvg return: +9.1%Worst year: +3.3% (2024)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
9.4%
Low
Momentum
+3.8%
30-day change
Support Level
20.17
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Low volatility environment with a narrower recent trading range.
  • Monitor key support and resistance levels as part of broader risk assessment.
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