Data as of .
TDVI vs WEPN: which paid, and which earned it?
TDVI and WEPN both write options for income.
What they hold in common
By the books each fund has filed, TDVI and WEPN hold 0% of their money in the same securities at the same weight.
| Only in TDVI | Only in WEPN |
|---|---|
| Texas Instruments Incorporated 8.22% | Invesco DB Base Metals Fund 6.48% |
| Oracle Corporation 7.97% | AeroVironment Inc 5.72% |
| International Business Machines Corporat 7.90% | Palo Alto Networks Inc 4.93% |
| Microsoft Corporation 7.83% | Crowdstrike Holdings Inc 4.82% |
| Broadcom Inc. 7.77% | VanEck Steel ETF 4.28% |
| Taiwan Semiconductor Manufacturing Compa 4.21% | BWX Technologies Inc 4.14% |
| QUALCOMM Incorporated 4.19% | Ondas Inc 4.02% |
| Analog Devices, Inc. 3.19% | 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 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| TDVI | WEPN | TDVI | WEPN | TDVI | WEPN | |
| 3 months | −2.9% | +0.6% | 1.9% | 3.0% | −2.1 pts | +11.0 pts |
| 6 months | +21.2% | +1.1% | 4.5% | 6.2% | −19.2 pts | +4.9 pts |
| 1 year | +17.1% | not published | 8.1% | not published | −20.9 pts | not published |
| 3 years | +101.3% | not published | 31.3% | not published | −26.7 pts | not published |
| Since launch | +101.0% | −7.3% | 31.3% | 6.1% | −29.0 pts | +5.2 pts |
| TDVI FT Vest Technology Dividend Target Income ETF Dividend stocks with call overlay on XLK, paying monthly | WEPN Nicholas Defense and Rare Earth Income ETF Option income on ITA, paying weekly | |
|---|---|---|
| Issuer | First Trust | Nicholas |
| Strategy | dividend stocks with call overlay | option income |
| Benchmark | Technology sector (XLK) | Aerospace and defense (ITA), used as the proxy |
| Pays | monthly | weekly |
| Payout rate, annualized | 7.9% | 11.9% |
| Expense ratio | 0.75% | 1.11% |
| Cash paid, 1 year | 8.1% | 6.1% (since launch on Mar 3, 2026) |
| Price change, 1 year | +8.2% | −13.3% |
| Total return, 1 year | +17.1% | −7.3% (since launch on Mar 3, 2026) |
| Benchmark return, 1 year | +38.0% | −12.5% |
| Ahead or behind | −20.9 pts | +5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1135 days | 199 days |
| Net assets | $631m | $6m |
TDVI in plain words
Over the year to Sep 18, 2026, TDVI paid 8.1% of its starting value in cash distributions while its price rose 8.2%. With every distribution reinvested, the fund returned +17.1%. Technology sector (XLK) returned +38.0% over the same days, so a holder was behind by 20.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.9%, paid monthly.
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 is cheaper, TDVI or WEPN?
- TDVI charges 0.75% a year and WEPN charges 1.11%, so TDVI 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, TDVI against WEPN, data as of Sep 18, 2026. https://etfiq.com/compare/income/tdvi-vs-wepn Free to use with attribution; the underlying files are at Open data.