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WCEO

GradeFNew York Stock Exchange Arca

Hypatia Women CEO ETF

Factor & Screened Index · Hypatia Capital · Inception 2023-01-09

$37.49−0.40 (−1.06%)

As of Sep 23, 2026, 2:53 PM EDT

History starts Jan 9, 2023.
Intraday session: down, 12 prints from 37.89 to 37.49. Range 37.48 to 37.91. Use the arrow keys to read each point.$37.60$37.70$37.80$37.9010 AM12 PM2 PM4 PM
Expense ratio
0.85%
Fund size
$12M
1Y return
+17.8%
Yield · Last 12 months
0.55%
Volume · 30D
0M sh
NAV per share
$38.00
52W range
low $30.86high $40.83

The ETF.net WCEO Grade

F

20/ 100

Rank 48 of 48 in US ESG & Values Index

Confidence Medium

Six-pillar profile for WCEO. Scores out of 100: Cost 2, Risk 43, Mission not scored, Tradability 2, Holdings 75, Durability 7. Strongest: Holdings (75). Weakest: Tradability (2). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 20 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 2
    Category rank47/48 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 43
    Category rank35/48 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 2
    Category rank48/48 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 75
    Category rank10/48 · top 21%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 7
    Category rank47/48 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on WCEO

ETF.net Research

FMost values-screened funds filter a broad index and call it a day. WCEO runs one blunt test at the top of the org chart: is the CEO a woman? Actively managed since 2023, built around Hypatia's own women-CEO index.

Stated mandate

The Fund is actively managed and does not seek to replicate the performance of a specified index.

Why people hold it

  1. 01One rule, plainly stated: at least 80% of net assets in US companies led by a female CEO. The underlying index sets a $500 million market-cap floor.wceoetf.com
  2. 02Up to 20% can go to companies with a female executive chairperson or chairperson, so the mandate reaches past the CEO title alone.wceoetf.com
  3. 03Actively managed rather than index-replicating, so it can also hold female-led US companies of any size, not just the index members.wceoetf.com

Worth knowing

  1. 01At 0.85% a year it costs several times the typical fund in its screened-equity peer group, where broad index options like ESGV and XVV charge under 0.10%.
  2. 02Small and thinly traded next to its peer group, which tends to mean wider bid-ask spreads and thinner quotes around the open and close.
  3. 03The screen tracks who holds the corner office, so a CEO change can move a name in or out. Sector mix is a by-product of that, not a target.wceoetf.com

WCEO Holdings

As of Sep 20, 2026, 9:23 AM
Asset class
Stocks
Holdings
Top-10 weight
15%
Largest holding
SEI2.3%

Sectors

  • Financials18.1%
  • Industrials15.6%
  • Technology14.3%
  • Consumer Discr.14.1%
  • Health Care10.7%
  • Energy6.4%
  • Real Estate6.4%
  • Materials4.6%
  • Cons. Staples4.5%
  • Communication3.6%
  • Utilities1.8%

Geography

  • United States97.47%
  • Ireland1.43%
  • United Kingdom0.60%
  • Canada0.51%
The fund’s holdings, weight-ordered — page 1 of 11.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SEISOLARIS ENERGY I2.28%3,846$268K122
002MPCMARATHON PETROLE1.91%527$224K391
003INSWINTERNATIONAL SE1.86%1,964$218K157
004KMIKINDER MORGAN IN1.64%6,033$192K342
005ACIALBERTSONS COS-A1.41%13,414$166K153
006TRTOOTSIE ROLL IND1.31%4,073$153K73
007CLXCLOROX CO1.21%1,710$142K208
008AMDADV MICRO DEVICE1.18%248$139K618
009CLFDCLEARFIELD INC1.02%3,976$120K53
010ANETARISTA NETWORKS1.01%594$118K490
011PFGPRINCIPAL FINL1.01%1,003$118K305
012HAFCHANMI FINL CORP0.99%3,596$116K102
013FLEXFLEX LTD0.98%1,060$115K305
014POWIPOWER INTEGRATIO0.97%2,263$114K134
015CDWCDW CORP/DE0.96%773$113K271

Showing 1–15 of 161 holdings

WCEO Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

WCEO$11,779
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. WCEO $11,779. SPY $11,723. Use the arrow keys to read each point.$9,309$10,891$12,472Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for WCEO. Periods over one year show the average yearly return.
PeriodWCEO
Year to date+16.4%
1 month−2.3%
3 months+3.1%
1 year+17.8%
3 years+16.6%per year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for WCEO
YearReturn barWCEO
2026 YTD+16.4%
2025+9.8%
2024+8.3%
2023+11.3%

Since listing, Jan 9, 2023

WCEO in the news

ETF.net Research hasn’t filed on WCEO yet — coverage lands here as it’s written.

WCEO Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.55%Last 12 months
Payout per share
$0.21Last 12 months
Last payment
$0.21 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 19, 2023 $0.26; Dec 19, 2024 $0.27; Dec 19, 2025 $0.21. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 19, 2025Dec 24, 2025$0.21
Dec 19, 2024Dec 26, 2024$0.27
Dec 19, 2023Dec 26, 2023$0.26

WCEO Risk

How much the fund’s monthly returns vary, scaled to a year.
16.1%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.67
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−25.9%
44 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.98
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

WCEO Cost

Expense ratio0.85%
  • The middle half of US ESG & Values Index funds
  • Median 0.23%

46 of the 48 US ESG & Values Index funds charge less.

WCEO costs $85.00 a year on $10,000. The median US ESG & Values Index fund costs $22.50.