Westwood Salient Enhanced Energy Income ETF
$24.69+0.21 (+0.86%)
- Expense ratio
- 0.85%
- Fund size
- $107M
- 1Y return
- +30.2%
- Yield · Last 12 months
- 11.03%
- Holdings
- 21
- Volume · 30D
- 0M sh
- NAV per share
- $24.63
- 52W range
The ETF.net WEEI Grade
Score 34 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 8Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 76Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 48Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 41Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.FScore 18Category rank
Our read on WEEI
DMost energy ETFs hand you the sector and stop there. WEEI is the active one: North American energy stocks with covered calls written on top, distributions paid monthly. The options overlay is the whole product, and you pay up for it.
The actively managed ETF seeks current income and capital appreciation, investing primarily in equity securities of energy companies and normally at least 80% of net assets in those companies.
Why people hold it
- A rare setup in energy: an active manager picks the stocks, then writes calls against them, with income paid monthly. The big index peers deliver sector beta and nothing more.westwoodgroup.com
- Calls are written only against shares the fund already owns. The premium comes from capping upside on stock it holds, not from borrowed money or naked options.westwoodgroup.com
- Westwood states the call writing is meant to damp volatility and run a lower beta than the S&P Energy Select Sector Index, the yardstick most sector funds hug.westwoodgroup.com
- The active mandate lets managers roam upstream, midstream, downstream, services and integrateds, with at least 80% of net assets in energy companies.westwoodgroup.com
Worth knowing
- At 0.85% a year, one of the priciest tickets in the energy aisle. The cohort median is 0.45%, and index heavyweights XLE and FENY charge 0.08%.
- Covered calls swap upside for premium. When oil and gas names run hard, the shares with calls written on them get capped while plain sector funds keep climbing.westwoodgroup.com
- Westwood notes distributions may include return of capital, which can reduce NAV over time. The fund launched in 2024 and remains small, so the track record is short.westwoodgroup.com
WEEI Holdings
- Stocks
- 21
- 79%
- XOM
Sectors
Geography
WEEI 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 | WEEI |
|---|---|
| Year to date | +24.4% |
| 1 month | −1.5% |
| 3 months | +11.3% |
| 1 year | +30.2% |
| 3 years | — |
| 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 | WEEI |
|---|---|---|
| 2026 YTD | +24.4% | |
| 2025 | +11.3% | |
| 2024 | −3.1% |
WEEI in the news
ETF.net Research hasn’t filed on WEEI yet — coverage lands here as it’s written.
WEEI Dividends
- 11.03%
- $2.70
- $0.23 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Sep 2, 2026 | $0.23 |
| Jul 30, 2026 | Aug 4, 2026 | $0.23 |
| Jun 29, 2026 | Jul 6, 2026 | $0.23 |
| May 28, 2026 | Jun 2, 2026 | $0.23 |
| Apr 29, 2026 | May 4, 2026 | $0.23 |
| Mar 30, 2026 | Apr 6, 2026 | $0.23 |
| Feb 26, 2026 | Mar 3, 2026 | $0.23 |
| Jan 29, 2026 | Feb 3, 2026 | $0.23 |
| Jan 5, 2026 | Jan 9, 2026 | $0.23 |
| Nov 26, 2025 | Dec 1, 2025 | $0.23 |
| Oct 30, 2025 | Nov 4, 2025 | $0.23 |
| Sep 29, 2025 | Oct 6, 2025 | $0.23 |
WEEI Risk
- 16.5%
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.
- 0.63
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.
- −18.8%
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.
- 0.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
WEEI Cost
- The middle half of Energy (Broad) funds
- Median 0.46%
20 of the 24 Energy (Broad) funds charge less.