S&P 500 Weekly Distribution ETF
$29.06−0.19 (−0.65%)
- Expense ratio
- 1.03%
- Fund size
- $72M
- 1Y return
- +16.7%
- Yield · Last 12 months
- 32.39%
- Holdings
- 5
- Volume · 30D
- 0M sh
- NAV per share
- $29.17
- 52W range
The ETF.net WDTE Grade
Score 38 of 100 sits in the D 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 4Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 84Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 39Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 31Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 41Category rank
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
- 5
- 100%
- SPX US 12/18/26 C600
Sectors
WDTE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | WDTE |
|---|---|
| Year to date | +14.5% |
| 1 month | +1.6% |
| 3 months | +4.7% |
| 1 year | +16.7% |
| 3 years | +15.4% |
| 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 | +14.5% | |
| 2025 | +13.7% | |
| 2024 | +9.3% | |
| 2023 | +5.8% |
WDTE in the news
ETF.net Research hasn’t filed on WDTE yet — coverage lands here as it’s written.
WDTE Dividends
- 32.39%
- $9.47
- $0.17 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.17 |
| Sep 10, 2026 | Sep 11, 2026 | $0.17 |
| Sep 3, 2026 | Sep 4, 2026 | $0.17 |
| Aug 27, 2026 | Aug 28, 2026 | $0.17 |
| Aug 20, 2026 | Aug 21, 2026 | $0.17 |
| Aug 13, 2026 | Aug 14, 2026 | $0.17 |
| Aug 6, 2026 | Aug 7, 2026 | $0.17 |
| Jul 30, 2026 | Jul 31, 2026 | $0.17 |
| Jul 23, 2026 | Jul 24, 2026 | $0.17 |
| Jul 16, 2026 | Jul 17, 2026 | $0.17 |
| Jul 9, 2026 | Jul 10, 2026 | $0.17 |
| Jul 2, 2026 | Jul 6, 2026 | $0.17 |
WDTE Risk
- 10.5%
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.
- 0.97
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.
- 0.75
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
- 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.