S&P 500 Weekly Distribution ETF
$28.99+0.15 (+0.52%)
- 1.03%
- $73M
- +19.4%
- 32.48%
- 0M sh
- $28.88
- low $27.41high $33.65
The ETF.net WDTE Grade
D
Score 38 out of 100
- 46 of 52
Score 38 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F4 out of 100Rank 50 of 52Mission
Whether the fund did what it promised, tested against its stated mandate.A83 out of 100Rank 23 of 35Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D36 out of 100Rank 38 of 52Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D32 out of 100Rank 41 of 52Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C40 out of 100Rank 40 of 52
Our read on WDTE
DDefiance built WDTE to cut a paycheck every week: it sells daily credit call spreads on the S&P 500 while holding long index exposure, and targets a 30% annualized distribution funded mainly by option premiums.
WDTE seeks current income and exposure to the performance of the S&P 500 Index. It is actively managed and uses daily credit call spreads with long index exposure to generate weekly cash distributions.
Why people hold it
- Weekly payouts, not quarterly. Cash comes primarily from premiums collected selling daily S&P 500 call spreads, with distributions scheduled every week.defianceetfs.com
- Spreads, not naked calls. Each sold call is paired with a higher-strike call it buys, so index moves above that upper strike still flow through to the fund.defianceetfs.com
- The 30% annualized distribution target is written into the strategy, so the payout math the fund is aiming at is stated up front, not improvised.defianceetfs.com
Worth knowing
- At 1.03% a year it is one of the pricier ways to run this trade; the S&P 500 options-income median sits near 0.60%, and peers like IVVW and GPIX charge well under half.
- A payout target that aggressive can return your own capital in lean premium weeks, and gains between the two strikes are handed to the option buyer.defianceetfs.com
- Thinly traded next to the heavyweights of its category, and it sits in the bottom quartile of a crowded S&P 500 options-income peer group.
WDTE Holdings
- Stocks
- 4
- 100%
- Spx Us 12/18/26 C600
Sectors
- Technology39.1%
- Financials11.1%
- Communication10.6%
- Consumer Discretionary9.9%
- Health Care8.3%
- Industrials7.8%
- Consumer Staples4.5%
- Energy3.1%
- Utilities2.1%
- Real Estate1.8%
- Materials1.7%
WDTE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
WDTE$11,940
Returns run to the Oct 12, 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.
| Period | WDTE |
|---|---|
| Year to date | +14.9% |
| 1 month | +1.6% |
| 3 months | +3.6% |
| 1 year | +19.4% |
| 3 years | +14.9% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | WDTE |
|---|---|---|
| 2026 YTD | +14.9% | |
| 2025 | +13.7% | |
| 2024 | +9.3% | |
| 2023 | +5.8% |
WDTE in the news
WDTE Dividends
- 32.48%
- $9.37
- $0.17 per share
- Weekly
Distribution history
WDTE Risk
- 10.4%
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.
- 0.95
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.
- −15.8%
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.
- 0.74
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
WDTE Cost
1.03%
WDTE1.03%
- The middle half of S&P 500 Option Income funds
- Median 0.60%
48 of the 51 S&P 500 Option Income funds charge less.
Other funds in S&P 500 Option Income
- CAPRJInnovator Premium Income 30 Barrier ETFExpense ratio 0.79%1 year return +6.2%
- DSDTYYieldMax S&P 500 0DTE Covered Call Strategy ETFExpense ratio 1.08%1 year return +21.0%
- DFGSIFT Vest Growth Strength & Target Income ETFExpense ratio 0.85%1 year return +8.9%
- DSHDGSoundwatch Hedged Equity ETFExpense ratio 1.01%1 year return +9.2%
- DXSPINEOS Boosted S&P 500 High Income ETFExpense ratio 0.98%1 year return —