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PAYR vs WZRD

Federated Hermes Enhanced Income ETF

PAYRACboe

Opportunistic Trader ETF

WZRDDCboe

Overlap

0.0%by weight

Expense ratio

PAYR −0.60pt a year

PAYR0.40%WZRD1.00%

Avg volume · 30D

PAYR 1.7×the volume

PAYR18.1KWZRD10.6K

PAYR vs WZRD Performance

Oct 31, 2025 – Oct 30, 2026

+25.2%PAYR−100.0%WZRD

Oct 31, 2025 to Oct 30, 2026. PAYR +25.2%. WZRD −100.0%. Use the arrow keys to read each point.100%200%300%400%Oct 2025Apr 2026Oct 2026
Expense ratio
PAYR 0.40%, better
WZRD 1.00%
Fund size
PAYR $91M
WZRD $1M
1Y total return
PAYR +25.2%, better
WZRD −100.0%
Holdings
PAYR 58
WZRD 2
Avg volume (30D)
PAYR 18.1K sh, better
WZRD 10.6K sh
NAV per share
PAYR $56.43
WZRD $8.65
52W range

ETF.net Grade

PAYR: Cost 92, Risk 75, Mission not scored, Tradability 56, Holdings 73, Durability 55. WZRD: Cost 39, Risk 31, Mission not scored, Tradability 8, Holdings not scored, Durability 16.
Pillar letters and Scores for PAYR, WZRD, with each pillar’s weight
PillarPAYRWZRD
Cost30% weightA92HigherD39
Mission25% weightNot scoredNot scored
Risk15% weightA75HigherD31
Tradability15% weightB56HigherF8
Holdings10% weightA73Not scored
Durability5% weightB55HigherF16

Rank among Active Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. PAYR and WZRD are both graded against the same 50 Active Option Income funds, so their Grades compare head to head.

Active Option Income⁠

Category · 50 funds
See all 50 ›

PAYR ranks 4th and WZRD 40th of 50 funds in the Active Option Income Category.

  1. Rank 1ARECIColumbia Research Enhanced Core Premium Income ETScore 83
  2. Rank 2ATCALT. Rowe Price Capital Appreciation Premium Income ETFScore 80
  3. Rank 2AYLDEFranklin ClearBridge Enhanced Income ETFScore 80
  4. Rank 4APAYRFederated Hermes Enhanced Income ETFScore 76
  5. Rank 4ARDVIFT Vest Rising Dividend Achievers Target Income ETFScore 76
  6. Rank 40DMINYYieldMax Strategic Metals & Mining Portfolio Option Income ETFScore 28
  7. Rank 40DWZRDOpportunistic Trader ETFScore 28
  8. Rank 42FKEOKurv Equity Option Income ETFScore 24

PAYR vs WZRD Holdings

How PAYR and WZRD differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of PAYR and 0.0% of WZRD.

Level by level

  • Holdings0 in both0.0%
  • Countryby domicile77.6%
  • Asset classEquity100%

Sector

No Sector split for WZRD.

Country, concentration and asset class

Country by domicile

Country weights in PAYR and WZRD, widest gap first
CountryMore in PAYRMore in WZRD
United StatesWZRD +22.4 points
United KingdomPAYR +8.1 points
FrancePAYR +6.6 points
CanadaPAYR +5.1 points
GermanyPAYR +2.6 points
SwitzerlandSame weight

Concentration

Weight in the 10 largest Holdings

  • PAYR32.9%
  • WZRD100.0%

Securities held

  • PAYR54
  • WZRD1

Asset class

PAYR
Equity
WZRD
Equity

Holdings

  • Only in PAYR54
  • In both0
  • Only in WZRD1

Only in PAYR

54 securities, 100% of PAYR by weight

  • Us Bancorp4.01%
  • Paychex Inc3.80%
  • Totalenergies SE3.57%

Only in WZRD

1 security, 0.8% of WZRD by weight

  • Us Treasury 3 Month Bill0.81%

Weight gaps

PAYR and WZRD share no securities.

All 52 PAYR holdings⁠All WZRD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

PAYR vs WZRD Cost

Overpaying WZRD vs PAYR

$10,598

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

  • PAYR 0.40%

    $8,090

  • WZRD 1.00%

    $18,688

$10,000
30 years

Cost over time

  • PAYR 0.40%
  • WZRD 1.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530WZRD $18,688PAYR $8,090

Year by year

YearPAYRWZRDOverpaying
10$723$1,763$1,040
20$2,793$6,625$3,832
30$8,090$18,688$10,598

Expense ratio

  • 0.40%PAYR, cheaper
  • 1.00%WZRD
  • Middle half of Active Option Income funds
  • Median 0.95%

PAYR 5th cheapest of 50 funds

WZRD 32nd cheapest of 50 funds

PAYR vs WZRD Dividends

Last 12 months to Oct 30, 2026
Last payment
PAYR $0.29
WZRD $1.22
Ex-dividend
PAYR Oct 30, 2026
WZRD Sep 23, 2026
Paid on
PAYR Pays Nov 2, 2026
WZRD Sep 24, 2026
Frequency
PAYR Monthly
WZRD Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

PAYRMonthly · 13 paymentsAll PAYR payments⁠
One bar per payment. 13 payments from 2025 to 2026 YTD. Oct 31, 2025 $0.16; Nov 28, 2025 $0.43; Dec 31, 2025 $0.41; Jan 30, 2026 $0.29; Feb 27, 2026 $0.33; Mar 31, 2026 $0.57; Apr 30, 2026 $0.18; May 29, 2026 $0.49; Jun 30, 2026 $0.46; Jul 31, 2026 $0.33; Aug 31, 2026 $0.32; Sep 30, 2026 $0.38; Oct 30, 2026 $0.29. Use the arrow keys to read each point.$0$52026YTD
WZRDMonthly · 3 paymentsAll WZRD payments⁠
One bar per payment. 3 payments from 2025 to 2026 YTD. Dec 24, 2025 $4.26; Aug 31, 2026 $0.02; Sep 23, 2026 $1.22. Use the arrow keys to read each point.$0$52026YTD

PAYR vs WZRD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PAYR 14.6%since Nov 2025WZRD 446.3%since Jul 2025
Return per unit of riskSharpe ratio, 3 years
PAYR 1.36since Nov 2025WZRD 0.47since Jul 2025
Worst fallMax drawdown, 5 years
PAYR −7.0%since Oct 2025WZRD −100.0%since Jun 2025
Market sensitivityBeta, 5 years
PAYR 0.01WZRD −1.54

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