# WEEL (Peerless Option Income Wheel ETF)

Peerless · Income ETFs · data as of Sep 11, 2026

Over the year to Sep 11, 2026, WEEL paid 12.4% in cash and still finished 2.9 points behind SPY.

## Key facts

- WEEL, cash paid, 1 year, on its starting price: 12.4%, as of Sep 11, 2026.
- WEEL, total return, 1 year: +14.6%, as of Sep 11, 2026.
- WEEL, against SPY: −2.9 pts, as of Sep 11, 2026.
- WEEL, latest payout, annualized: 11.6%, as of Sep 11, 2026.
- WEEL, net assets: $39m (SEC filing, whole fund, as filed for Jun 30, 2026).
- WEEL, expense ratio: 0.99% (485BPOS XBRL, Jul 24, 2026).

## WEEL over each window to Sep 11, 2026

| Window | Cash paid | Price | Total return | SPY | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 2.9% | +1.3% | +4.4% | +3.3% | +1.1 pts |
| 6 months | 6.0% | +2.7% | +9.2% | +16.0% | −6.8 pts |
| 1 year | 12.4% | +0.9% | +14.6% | +17.5% | −2.9 pts |
| Since launch | 25.4% | +3.3% | +33.3% | +48.5% | −15.2 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | option income | ETFIQ |
| Benchmark | S&P 500 (SPY), used as a default proxy (proxy) | ETFIQ |
| Pays | quarterly | ETFIQ |
| Net assets | $39m | SEC filing, whole fund, as filed for Jun 30, 2026 |
| Latest payout, annualized | 11.6% | ETFIQ |
| Expense ratio | 0.99% | 485BPOS XBRL, Jul 24, 2026 |
| Cash paid, last 12 months, over today’s price | 12.3% | ETFIQ |
| Launched | May 16, 2024 | ETFIQ |
| Pays | quarterly | ETFIQ |
| Typical gap between ex-dates | 91 days | ETFIQ |
| Typical wait from ex-date to payment | 2 days | ETFIQ |
| Last paid, per share | $0.6 ex Jun 25, 2026 | ETFIQ |
| Sum of the last 8 distributions | $5.082 | ETFIQ |

## Questions

### How much has WEEL paid over the last year?

Over the year to Sep 11, 2026, WEEL paid 12.4% of its starting price in cash distributions, while the price rose 0.9%.

### Is WEEL ahead of SPY?

Over the year to Sep 11, 2026, with every distribution reinvested, WEEL returned +14.6% against +17.5% for S&P 500 (SPY), used as a default proxy, so a holder was behind it by 2.9 points.

### How often does WEEL pay, and how much?

WEEL pays quarterly. The latest distribution annualizes to 11.6% at its price on Sep 11, 2026, which is not a promise; the next one can differ.

### When does WEEL next pay a distribution?

WEEL pays quarterly. The last distribution went ex on Jun 25, 2026 at $0.6 a share. The next is not declared; on a cadence of about 91 days the ex-date falls near Sep 24, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.

### What does WEEL cost?

The prospectus expense ratio is 0.99% a year.


## Cite this page

ETFIQ, WEEL, data as of Sep 11, 2026. https://etfiq.com/funds/weel
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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