Data as of .
NUKX vs WEPN: which paid, and which earned it?
Over the window both share NUKX paid 6.3% of its price in cash against WEPN’s 6.1%, though WEPN returned more with it reinvested.
What they hold in common
By the books each fund has filed, NUKX and WEPN hold 5% of their money in the same securities at the same weight.
| Holding | NUKX | WEPN |
|---|---|---|
| Global X Uranium ETF | 20.16% | 3.14% |
| Energy Fuels Inc/Canada | 6.71% | 1.96% |
| Only in NUKX | Only in WEPN |
|---|---|
| NextEra Energy Inc 7.66% | Invesco DB Base Metals Fund 6.48% |
| Dominion Energy Inc 7.42% | AeroVironment Inc 5.72% |
| Centrus Energy Corp 7.37% | Palo Alto Networks Inc 4.93% |
| Lightbridge Corp 7.26% | Crowdstrike Holdings Inc 4.82% |
| Duke Energy Corp 7.14% | VanEck Steel ETF 4.28% |
| Constellation Energy Corp 6.92% | BWX Technologies Inc 4.14% |
| Uranium Energy Corp 6.88% | Ondas Inc 4.02% |
| NuScale Power Corp 6.80% | Palantir Technologies Inc 3.99% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| NUKX | WEPN | NUKX | WEPN | NUKX | WEPN | |
| 3 months | −19.7% | +0.6% | 2.6% | 3.0% | −6.8 pts | +11.0 pts |
| 6 months | −15.3% | +1.1% | 6.4% | 6.2% | −5.0 pts | +4.9 pts |
| Since launch | −25.6% | −7.3% | 6.3% | 6.1% | −5.7 pts | +5.2 pts |
| NUKX Nicholas Nuclear Income ETF Option income on URA, paying weekly | WEPN Nicholas Defense and Rare Earth Income ETF Option income on ITA, paying weekly | |
|---|---|---|
| Issuer | Nicholas | Nicholas |
| Strategy | option income | option income |
| Benchmark | Uranium and nuclear (URA), used as the proxy | Aerospace and defense (ITA), used as the proxy |
| Pays | weekly | weekly |
| Payout rate, annualized | 13.1% | 11.9% |
| Expense ratio | 1.07% | 1.11% |
| Cash paid, 1 year | 6.3% (since launch on Mar 3, 2026) | 6.1% (since launch on Mar 3, 2026) |
| Price change, 1 year | −30.8% | −13.3% |
| Total return, 1 year | −25.6% (since launch on Mar 3, 2026) | −7.3% (since launch on Mar 3, 2026) |
| Benchmark return, 1 year | −19.9% | −12.5% |
| Ahead or behind | −5.7 pts | +5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 199 days | 199 days |
| Net assets | $2m | $6m |
NUKX in plain words
Over the period since launch on Mar 3, 2026 to Sep 18, 2026, NUKX paid 6.3% of its starting value in cash distributions while its price fell 30.8%. With every distribution reinvested, the fund returned −25.6%. Uranium and nuclear (URA), used as the proxy returned −19.9% over the same days, so a holder was behind by 5.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 13.1%, paid weekly.
WEPN in plain words
Over the period since launch on Mar 3, 2026 to Sep 18, 2026, WEPN paid 6.1% of its starting value in cash distributions while its price fell 13.3%. With every distribution reinvested, the fund returned −7.3%. Aerospace and defense (ITA), used as the proxy returned −12.5% over the same days, so a holder was ahead by 5.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.9%, paid weekly.
Questions people ask
- Which paid more, NUKX or WEPN?
- Over the year to Sep 18, 2026, NUKX paid 6.3% of its starting price in cash and WEPN paid 6.1%, so NUKX 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 −25.6% and WEPN returned −7.3% over the year to Sep 18, 2026, so WEPN returned more.
- 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
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, NUKX against WEPN, data as of Sep 18, 2026. https://etfiq.com/compare/income/nukx-vs-wepn Free to use with attribution; the underlying files are at Open data.