Westwood Enhanced Income Opportunity ETF
$25.46−0.20 (−0.78%)
- Expense ratio
- 0.79%
- Fund size
- $42M
- 1Y return
- —
- Yield · Last 12 months
- Data unavailable
- Volume · 30D
- 0M sh
- NAV per share
- $25.72
- 52W range
The ETF.net YLDW Grade
Score 59 of 100 sits in the B 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.BScore 65Category 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 77Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 33Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 65Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 39Category rank
Our read on YLDW
BMost covered-call funds write options over a basket of stocks. YLDW writes over a mixed income portfolio (equities, investment grade and high yield bonds, convertibles, preferreds), stacking premium on top of coupons and dividends.
The Fund seeks current income first and long-term capital appreciation second. It invests primarily in dividend-paying or interest-bearing securities and uses covered calls to generate realized gains and distributable cash flow.
Why people hold it
- The option overlay sits on a multi-asset income sleeve, not just dividend stocks, so premium layers on top of bond coupons, preferred payments and dividends.westwoodgroup.com
- 0.79% a year, below the median fee among actively managed options-income ETFs.
- Actively managed with no index to track: the team can rotate across bond sectors, hybrids and equity income as conditions shift. Income is set on a monthly schedule.westwoodgroup.com
- Lands in the upper half of its options-income peer group, with a wider spread of income sources than a single-sleeve covered-call fund.
Worth knowing
- Launched December 2025, so the operating record is short and the asset base small. Thin trading can mean wider spreads than in the category's household names.
- Cheaper overlays sit in the same cohort: PAPI charges 0.29% and DIVO 0.56%.
- Covered calls trade upside for premium: gains above the strike on written positions go to the option buyer, and premium income moves with option pricing.westwoodgroup.com
YLDW Holdings
- Stocks
- —
- 30%
- GILD
Geography
- United States89.37%
- Canada2.70%
- United Kingdom2.60%
- Ireland2.06%
- Switzerland1.89%
- China1.39%
YLDW 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 | YLDW |
|---|---|
| Year to date | +7.6% |
| 1 month | +0.1% |
| 3 months | +2.0% |
| 1 year | — |
| 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 | YLDW |
|---|---|---|
| 2026 YTD | +7.6% | |
| 2025 | +0.5% |
YLDW in the news
ETF.net Research hasn’t filed on YLDW yet — coverage lands here as it’s written.
YLDW Dividends
- $0.18 per share
- Monthly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Sep 2, 2026 | $0.18 |
| Jul 30, 2026 | Aug 4, 2026 | $0.18 |
| Jun 29, 2026 | Jul 6, 2026 | $0.15 |
| May 28, 2026 | Jun 2, 2026 | $0.15 |
| Apr 29, 2026 | May 4, 2026 | $0.15 |
| Mar 30, 2026 | Apr 6, 2026 | $0.14 |
| Feb 26, 2026 | Mar 3, 2026 | $0.15 |
| Jan 29, 2026 | Feb 3, 2026 | $0.15 |
| Dec 30, 2025 | Jan 5, 2026 | $0.10 |
YLDW Risk
- —
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.
- —
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.
- —
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.
- 0.47
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
YLDW Cost
- The middle half of Active Option Income funds
- Median 0.95%
15 of the 47 Active Option Income funds charge less.