Data as of .
WEEI vs WEPN: which paid, and which earned it?
WEEI and WEPN both write options for income.
What they hold in common
By the books each fund has filed, WEEI and WEPN hold 0% of their money in the same securities at the same weight.
| Only in WEEI | Only in WEPN |
|---|---|
| EXXON MOBIL CORP 23.33% | Invesco DB Base Metals Fund 6.48% |
| CHEVRON CORP 13.58% | AeroVironment Inc 5.72% |
| CONOCOPHILLIPS 6.23% | Palo Alto Networks Inc 4.93% |
| VALERO ENERGY CORP 5.30% | Crowdstrike Holdings Inc 4.82% |
| SLB LTD 5.12% | VanEck Steel ETF 4.28% |
| WILLIAMS COMPANIES INC (THE) 5.00% | BWX Technologies Inc 4.14% |
| BAKER HUGHES COMPANY 4.18% | Ondas Inc 4.02% |
| PHILLIPS 66 3.99% | 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 | |||
|---|---|---|---|---|---|---|
| WEEI | WEPN | WEEI | WEPN | WEEI | WEPN | |
| 3 months | +15.2% | +0.6% | 3.0% | 3.0% | −5.3 pts | +11.0 pts |
| 6 months | +9.0% | +1.1% | 5.5% | 6.2% | −0.9 pts | +4.9 pts |
| 1 year | +32.0% | not published | 12.6% | not published | −15.8 pts | not published |
| Since launch | +37.3% | −7.3% | 26.1% | 6.1% | −12.7 pts | +5.2 pts |
| WEEI Westwood Salient Enhanced Energy Income ETF Option income on XLE, paying monthly | WEPN Nicholas Defense and Rare Earth Income ETF Option income on ITA, paying weekly | |
|---|---|---|
| Issuer | Westwood | Nicholas |
| Strategy | option income | option income |
| Benchmark | Energy sector (XLE), used as the energy proxy | Aerospace and defense (ITA), used as the proxy |
| Pays | monthly | weekly |
| Payout rate, annualized | 10.8% | 11.9% |
| Expense ratio | 0.85% | 1.11% |
| Cash paid, 1 year | 12.6% | 6.1% (since launch on Mar 3, 2026) |
| Price change, 1 year | +17.3% | −13.3% |
| Total return, 1 year | +32.0% | −7.3% (since launch on Mar 3, 2026) |
| Benchmark return, 1 year | +47.8% | −12.5% |
| Ahead or behind | −15.8 pts | +5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 870 days | 199 days |
| Net assets | $73m | $6m |
WEEI in plain words
Over the year to Sep 18, 2026, WEEI paid 12.6% of its starting value in cash distributions while its price rose 17.3%. With every distribution reinvested, the fund returned +32.0%. Energy sector (XLE), used as the energy proxy returned +47.8% over the same days, so a holder was behind by 15.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.8%, 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, WEEI or WEPN?
- WEEI charges 0.85% a year and WEPN charges 1.11%, so WEEI 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, WEEI against WEPN, data as of Sep 18, 2026. https://etfiq.com/compare/income/weei-vs-wepn Free to use with attribution; the underlying files are at Open data.