Westwood Salient Enhanced Energy Income ETF
$25.82+0.29 (+1.12%)
- 0.85%
- $111M
- +40.3%
- 10.58%
- 0M sh
- $25.28
- low $20.38high $25.66
The ETF.net WEEI Grade
D
Score 31 out of 100
- 23 of 25
Score 31 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.F8 out of 100Rank 22 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A75 out of 100Rank 4 of 24Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D29 out of 100Rank 18 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C41 out of 100Rank 19 of 25Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D27 out of 100Rank 22 of 25
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
- 22
- 78%
- XOM
Sectors
- Energy100.0%
Geography
- United States100.00%
WEEI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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WEEI$14,031
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 | WEEI |
|---|---|
| Year to date | +30.9% |
| 1 month | +1.9% |
| 3 months | +15.3% |
| 1 year | +40.3% |
| 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 | +30.9% | |
| 2025 | +11.3% | |
| 2024 | −3.1% |
WEEI in the news
WEEI Dividends
- 10.58%
- $2.70
- $0.23 per share
- Monthly
Distribution history
WEEI Risk
- 16.3%
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.
- 0.55
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
0.85%
WEEI0.85%
- The middle half of Energy (Broad) funds
- Median 0.46%
20 of the 24 Energy (Broad) funds charge less.
Other funds in Energy (Broad)
- DUSAIPacer American Energy Infrastructure ETFExpense ratio 0.75%1 year return +26.4%
- DLNGXGlobal X - U.S. Natural Gas ETFExpense ratio 0.45%1 year return —
- DCSENCohen & Steers Future of Energy Active ETFExpense ratio 0.80%1 year return —
- DPXIInvesco Dorsey Wright Energy Momentum ETFExpense ratio 0.85%1 year return +45.3%
- DNVIRHorizon Kinetics Energy Remediation ETFExpense ratio 0.85%1 year return +29.1%