WisdomTree Equity Premium Income Fund
$33.30−0.01 (−0.03%)
- 0.44%
- $562M
- +14.5%
- 12.07%
- 0.1M sh
- $33.25
- low $31.04high $33.92
The ETF.net WTPI Grade
B
Score 66 out of 100
- 17 of 52
Score 66 of 100 falls in the B 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.A70 out of 100Rank 16 of 52Mission
Whether the fund did what it promised, tested against its stated mandate.A89 out of 100Rank 18 of 35Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 27 of 52Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C48 out of 100Rank 27 of 52Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C43 out of 100Rank 28 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A87 out of 100Rank 3 of 52
Our read on WTPI
BMost S&P 500 income ETFs own the stocks and sell calls. WTPI flips the trade: Treasury collateral plus put options written on the index twice a month, each sized to target a 2.5% premium.
The fund seeks capital appreciation and current income through a put-writing strategy tied to U.S. large-cap equity exposure. It is designed to provide enhanced income and potentially lower volatility than traditional equity exposure.
Why people hold it
- The put-writer in a room full of covered-call funds. Income comes from selling S&P 500 puts against Treasury collateral, targeting a 2.5% premium per option, not from dividends.sec.govwisdomtree.com
- Trading since 2016 as the WisdomTree PutWrite Strategy Fund before its 2025 rename, it predates most of the option-income boom and has run through several volatility spikes.nasdaq.com
- 0.44% a year undercuts the typical fund in its S&P 500 options-income group, and distributions land monthly.wisdomtree.com
- It hews closely to its index, and among dozens of S&P 500 option-income funds it sits in the upper half of the pack.
Worth knowing
- The math is asymmetric by design: gains are capped at the premiums collected, while a written put can lose value down toward its strike if the market drops.businesswire.comsec.gov
- No stocks under the hood, so no underlying dividends, and WisdomTree flags that the strategy may distribute more capital gains than a typical ETF.businesswire.comsec.gov
- Cheaper than the peer median, not the cheapest on the shelf: IVVW runs 0.25%, RSPA 0.32%, BALI and GPIX 0.35%.
WTPI Holdings
- Other
- 4
- 101%
- 912797UM7
Sectors
- Financials100.0%
WTPI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
WTPI$11,445
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 | WTPI |
|---|---|
| Year to date | +9.0% |
| 1 month | +2.2% |
| 3 months | +3.7% |
| 1 year | +14.5% |
| 3 years | +15.0% |
| 5 years | +9.8% |
| 10 years | +8.4% |
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 | WTPI |
|---|---|---|
| 2026 YTD | +9.0% | |
| 2025 | +14.4% | |
| 2024 | +17.2% | |
| 2023 | +15.5% | |
| 2022 | −10.1% | |
| 2021 | +20.9% | |
| 2020 | +1.7% |
WTPI in the news
WTPI Dividends
- 12.07%
- $4.02
- $0.33 per share
- Monthly
Distribution history
WTPI Risk
- 7.5%
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.
- 1.32
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.
- −16.6%
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.
- 0.58
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
WTPI Cost
0.44%
WTPI0.44%
- The middle half of S&P 500 Option Income funds
- Median 0.60%
14 of the 51 S&P 500 Option Income funds charge less.
Other funds in S&P 500 Option Income
- BSIXHETC 6 Meridian Hedged Equity Index Option ETFExpense ratio 0.31%1 year return +17.8%
- BNBOSNeuberger Berman Option Strategy ETFExpense ratio 0.59%1 year return +18.1%
- BXPAYRoundhill Investments - S&P 500 Target 20 Managed Distribution ETFExpense ratio 0.49%1 year return +19.5%
- BISPYProShares - S&P 500 High Income ETFExpense ratio 0.56%1 year return +16.4%
- BFTHIFirst Trust BuyWrite Income ETFExpense ratio 0.75%1 year return +12.5%