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Launched · SEC filings

Westwood Enhanced Income Opportunity ETF

YLDWNYSE ArcaWestwoodB

$24.87−0.01 (−0.03%)

As of Nov 2, 2026, 3:29 PM ET

B60/ 100

Rank 15 of 51 in Active Option Income

B60/100Rank 15 of 51inActive Option Income
Intraday session: down, 67 prints from 24.88 to 24.87. Range 24.87 to 24.97. Use the arrow keys to read each point.24.9024.9224.9424.9610 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$43M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
101
Avg volume · 30D
6.46K sh
52W range
low $24.02high $26.08
Launched
Filings
SEC EDGAR

The ETF.net YLDW Grade

Based on 5 of 6 pillars

B

Score 60 out of 100

Category
Active Option Income⁠
Rank
15 of 51
Six-pillar profile for YLDW. Scores out of 100: Cost 65, Risk 68, Mission not scored, Tradability 46, Holdings 68, Durability 48. Strongest: Risk (68). Weakest: Tradability (46). Based on 5 of 6 pillars.

Score 60 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.
    B65 out of 100
    Rank 17 of 51

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B68 out of 100
    Rank 13 of 48

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C46 out of 100
    Rank 28 of 51

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B68 out of 100
    Rank 15 of 43

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C48 out of 100
    Rank 30 of 51

Our read on YLDW

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Dec 11, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
YLDW$10,534
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. YLDW $10,534. SPY $11,169. Use the arrow keys to read each point.$10,000$11,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for YLDW. Periods over one year show the average yearly return.
PeriodYLDW
Year to date+5.3%
1 month0.0%
3 months−0.3%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for YLDW
YearReturn barYLDW
2026 YTD+5.3%
2025+0.5%

Since listing, Dec 11, 2025

YLDW in the news

YLDW Dividends

Upcoming payment
$0.18 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 11 payments from 2025 to 2026 YTD. Dec 30, 2025 $0.10; Jan 29, 2026 $0.15; Feb 26, 2026 $0.15; Mar 30, 2026 $0.14; Apr 29, 2026 $0.15; May 28, 2026 $0.15; Jun 29, 2026 $0.15; Jul 30, 2026 $0.18; Aug 28, 2026 $0.18; Sep 29, 2026 $0.18; Oct 29, 2026 $0.18. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Oct 29, 2026Pays Nov 3, 2026$0.18
Sep 29, 2026Oct 5, 2026$0.18
Aug 28, 2026Sep 2, 2026$0.18
Jul 30, 2026Aug 4, 2026$0.18
Jun 29, 2026Jul 6, 2026$0.15
May 28, 2026Jun 2, 2026$0.15
Apr 29, 2026May 4, 2026$0.15
Mar 30, 2026Apr 6, 2026$0.14
Feb 26, 2026Mar 3, 2026$0.15
Jan 29, 2026Feb 3, 2026$0.15
Dec 30, 2025Jan 5, 2026$0.10

YLDW Risk

Risk pillarB68 out of 100Rank 13 of 48 in Active Option Income
How much the fund’s monthly returns vary, scaled to a year.
Launched Dec 2025; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
Launched Dec 2025; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
Launched Dec 2025; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.50
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

YLDW Cost

Compare YLDW and RECI

Overpaying vs RECI, cheapest in Active Option Income

$9,025

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • YLDW 0.79%

    $15,174

  • RECI 0.30% Cheapest

    $6,149

$10,000
30 years

Cost over time

  • YLDW 0.79%
  • RECI 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530YLDW $15,174RECI $6,149

Year by year

YearYLDWRECIOverpaying
10$1,405$545$860
20$5,331$2,113$3,218
30$15,174$6,149$9,025

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