Which paid more, NUKX or WEPN?

From Mar 3, 2026 to Nov 4, 2026, NUKX paid 7.3% of its starting price in cash and WEPN paid 7.4%, so WEPN paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, NUKX or WEPN?

With every distribution reinvested, NUKX returned −38.3% and WEPN −17.8% from Mar 3, 2026 to Nov 4, 2026.

Which is cheaper, NUKX or WEPN?

NUKX charges 1.07% a year and WEPN charges 1.11%, so NUKX is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

NUKX vs WEPN: Dividend Yield & Total Return

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Over the window both share to Nov 4, 2026, WEPN paid 7.4% of its price in cash against NUKX’s 7.3%, and returned more with it reinvested.

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Net assets on Jul 31, 2026: $7.8m for Nicholas Nuclear Income ETF and $6.1m for Nicholas Defense and Rare Earth Income ETF.

NUKX on its own →WEPN on its own →

At a glance

7.3%

NUKX cash paid, since launch, Mar 3, 2026

7.4%

WEPN cash paid, since launch, Mar 3, 2026

−38.3%

NUKX total return, since launch, Mar 3, 2026

−17.8%

WEPN total return, since launch, Mar 3, 2026

NUKX · since launch to Nov 4, 2026 Not measured

NUKX

−38.3%

none

Not measured

NUKX since launch: paid 7.3%, price −43.5%, total −38.3%, not measured against a benchmark. Data to Nov 4, 2026.

NUKX

−38.3%

Total return, distributions reinvested

Not measured

NUKX since launch: paid 7.3%, price −43.5%, total −38.3%, not measured against a benchmark. Data to Nov 4, 2026.

NUKX

−38.3%

7.3% of it arrived as cash. Total return, distributions reinvested. NUKX since launch: paid 7.3%, price −43.5%, total −38.3%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

WEPN · since launch to Nov 4, 2026 Not measured

WEPN

−17.8%

none

Not measured

WEPN since launch: paid 7.4%, price −24.4%, total −17.8%, not measured against a benchmark. Data to Nov 4, 2026.

WEPN

−17.8%

Total return, distributions reinvested

Not measured

WEPN since launch: paid 7.4%, price −24.4%, total −17.8%, not measured against a benchmark. Data to Nov 4, 2026.

WEPN

−17.8%

7.4% of it arrived as cash. Both charts share one scale, with zero at the line. WEPN since launch: paid 7.4%, price −24.4%, total −17.8%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

NUKX costs 0.04 points a year less; NUKX is 1.3 times larger.

Points (pts) are percentage points.

NUKX vs WEPN: Dividend Yield & Total Return
Measure	NUKX	WEPN
Paid and earned
Measure	NUKX	WEPN
Price change, 6 months	fell 46.6%	fell 16.9%
Return of capital, issuer estimate	100% of the Oct 28, 2026 payment
Against its benchmark
Measure	NUKX	WEPN
Benchmark	its own holdings	its own holdings
Against its benchmark, same days	behind by 4.4 pts	behind by 5.9 pts
Cost and size
Measure	NUKX	WEPN
Expense ratio	1.07%	1.11%
Net assets, as of Jul 31, 2026	$7.8m	$6.1m
Holdings
Measure	NUKX	WEPN
Holdings in common	3%

Method

What they share

By the books each fund has filed, NUKX and WEPN hold 3% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.

50%

0 half 100%

half

3% in common

Positions both hold · largest shared weight first NUKX WEPN

Global X Uranium ETF 11.74% 2.37%

Energy Fuels Inc 2.98% 1.13%

Only in one fund ↓

Only in NUKX

GE Vernova Inc 6.73%

Dominion Energy Inc 6.70%

NextEra Energy Inc 6.61%

Duke Energy Corp 5.81%

Vistra Corp 5.35%

Centrus Energy Corp 5.19%

Constellation Energy Corp 4.88%

NexGen Energy Ltd 4.21%

Only in WEPN

Palo Alto Networks Inc 9.96%

Crowdstrike Holdings Inc 8.97%

Invesco DB Base Metals Fund 7.15%

SPACEX 6.32%

VanEck Steel ETF 4.75%

RTX Corp 4.58%

Axon Enterprise Inc 4.17%

Lockheed Martin Corp 3.86%

Check overlap with more funds →

Side by side

NUKX Nicholas Nuclear Income ETF · Option income on its own holdings, paying weekly WEPN Nicholas Defense and Rare Earth Income ETF · Option income on its own holdings, paying weekly

Issuer Nicholas Nicholas

Strategy option income option income

Benchmark NUKX's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) WEPN's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026)

Pays weekly weekly

Payout rate, annualized 13.1% 13.1%

Expense ratio 1.07% 1.11%

Cash paid, 1 year 7.3% (since launch, Mar 3, 2026) 7.4% (since launch, Mar 3, 2026)

Price change, 1 year −43.5% (since launch, Mar 3, 2026) −24.4% (since launch, Mar 3, 2026)

Total return, 1 year −38.3% (since launch, Mar 3, 2026) −17.8% (since launch, Mar 3, 2026)

Benchmark return, 1 year not published not published

Ahead or behind not available not available

Return of capital, latest estimate 100% 100%

Age 246 days 246 days

Net assets, as of Jul 31, 2026 $7.8m $6.1m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: NUKX vs WEPN: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	NUKX	WEPN	NUKX	WEPN	NUKX	WEPN
3 months	−23.6%	−12.2%	2.8%	2.9%	−1.7 pts	−4.0 pts
6 months	−43.2%	−11.8%	4.4%	5.8%	−4.4 pts	−5.9 pts
Since launchNUKX Mar 2026 · WEPN Mar 2026	−38.3%	−17.8%	7.3%	7.4%	not measured	not measured

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About each fund

NUKX

NUKX's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) returned −38.8% over the same days, so a holder was behind by 4.4 pts.

Over the 6 months to Nov 4, 2026, NUKX paid 4.4% of its starting value in cash distributions while its price fell 46.6%. With every distribution reinvested, the fund returned −43.2%. At its price on Nov 4, 2026 the latest distribution annualizes to 13.1%, paid weekly. Nicholas estimates that 100% of the distribution paid Oct 28, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

WEPN

WEPN's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) returned −5.9% over the same days, so a holder was behind by 5.9 pts.

Over the 6 months to Nov 4, 2026, WEPN paid 5.8% of its starting value in cash distributions while its price fell 16.9%. With every distribution reinvested, the fund returned −11.8%.

Questions people ask

Which paid more, NUKX or WEPN?: From Mar 3, 2026 to Nov 4, 2026, NUKX paid 7.3% of its starting price in cash and WEPN paid 7.4%, so WEPN paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, NUKX or WEPN?: With every distribution reinvested, NUKX returned −38.3% and WEPN −17.8% from Mar 3, 2026 to Nov 4, 2026.
Which is cheaper, NUKX or WEPN?: NUKX charges 1.07% a year and WEPN charges 1.11%, so NUKX is cheaper. Fees come from each fund's prospectus.

Other comparisons

NUKX vs EIPI NUKX vs YRAM NUKX vs XLBI NUKX vs XLCI WEPN vs EIPI WEPN vs XLBI WEPN vs YRAM WEPN vs XLFI

Where to next

All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →NUKX on its own →WEPN on its own →NUKX dividend history →NUKX holdings →WEPN dividend history →WEPN holdings →Method →Standards and sources →

Sources and dates

NUKX and WEPN filings on SEC EDGAR ↗

NUKX and WEPN prospectus with the expense ratio (SEC) ↗

NUKX 19a-1 distribution notice ↗

Nicholas website ↗

WEPN 19a-1 distribution notice ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, NUKX against WEPN, data as of Nov 4, 2026. https://etfiq.com/compare/income/nukx-vs-wepn

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.