Defiance S&P 500 Target 30 Weekly Distribution ETF (WDTE)Trading--Miscellaneous | Exchange Traded Fund | NYSEArca
30.33 USD
+0.24
(0.813%)
⇧
(April 17, 2026, 2:56 p.m.
EDT)
After hours: 31.50 +1.16 (3.838%) ⇧ (April 17, 2026, 7:41 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★☆☆ |
Hot Take | April 19, 2026, 12:09 a.m. EDT
Despite a ~37% headline yield, this instrument is a classic NAV erosion vehicle unsuitable for long-term accumulation. Recent price action reveals mixed signals; while the stock recovered from mid-March lows to re-test highs, it remains well below its 50-day moving average. The massive dividend payout ($0.17+) relative to the recent price levels implies the fund is distributing nearly all earnings plus a significant portion of principal. Without specific beta-adjustment methodology data to confirm sustainability, the high payout ratio coupled with these technical deficiencies forces a defensive stance: hold existing positions for income, but avoid new entries in the short term due to weakness relative to moving averages and deteriorating relative performance. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.015826 |
| AutoETS | 0.016552 |
| AutoTheta | 0.017553 |
| AutoARIMA | 0.020986 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 3.84 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.028 |
| Excess Kurtosis | 0.18 |
| Attribute | Value |
|---|---|
| Trailing P/E | 27.41 |
As of April 19, 2026, 12:09 a.m. EDT: Options flow indicates passive positioning with near-zero volume, which limits actionable signal. However, out-of-the-money put open interest at $28.00 (1/week expiry) and higher OTM put positioning at the June expiry suggests speculators are hedging downside or betting on a pullback to support levels. Conversely, call activity is minimal, with only minor OTM positioning at $34.00 (June expiry). Implied volatility is highly compressed across all strikes, suggesting a lack of anticipated volatility in the short term.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.57% | 38.22% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-16 | 0.173 | 0.574942 |
| 2026-04-09 | 0.166 | 0.567223 |
| 2026-04-02 | 0.164 | 0.581592 |
| 2026-03-26 | 0.166 | 0.597345 |
| 2026-03-19 | 0.171 | 0.604983 |
| 2026-03-12 | 0.173 | 0.604594 |
| 2026-03-05 | 0.175 | 0.600054 |
| 2026-02-26 | 0.177 | 0.603223 |
| 2026-02-19 | 0.177 | 0.606900 |
| 2026-02-12 | 0.180 | 0.618728 |
| 2026-02-05 | 0.180 | 0.623570 |
| 2026-01-29 | 0.182 | 0.617223 |
| 2026-01-22 | 0.180 | 0.616075 |
| 2026-01-15 | 0.184 | 0.624967 |
| 2026-01-08 | 0.185 | 0.632022 |
| 2025-12-31 | 0.185 | 0.637563 |
| 2025-12-24 | 0.185 | 0.632960 |
| 2025-12-18 | 0.186 | 0.647220 |
| 2025-12-11 | 0.187 | 0.639465 |
| 2025-12-04 | 0.186 | 0.642837 |
| 2025-11-26 | 0.289 | 1.009265 |
| 2025-11-20 | 0.186 | 0.663473 |
| 2025-11-13 | 0.192 | 0.676291 |
| 2025-11-06 | 0.198 | 0.694203 |
| 2025-10-30 | 0.201 | 0.698526 |
| 2025-10-23 | 0.200 | 0.699238 |
| 2025-10-16 | 0.232 | 0.820435 |
| 2025-10-09 | 0.204 | 0.710112 |
| 2025-10-02 | 0.202 | 0.705511 |
| 2025-09-25 | 0.204 | 0.721876 |
| 2025-09-18 | 0.148 | 0.523225 |
| 2025-09-11 | 0.201 | 0.717652 |
| 2025-09-04 | 0.188 | 0.678502 |
| 2025-08-28 | 0.203 | 0.730163 |
| 2025-08-21 | 0.204 | 0.742635 |
| 2025-08-14 | 0.204 | 0.736134 |
| 2025-08-07 | 0.203 | 0.741595 |
| 2025-07-31 | 0.166 | 0.601308 |
| 2025-07-24 | 0.206 | 0.748504 |
| 2025-07-17 | 0.205 | 0.753057 |
| 2025-07-10 | 0.206 | 0.764158 |
| 2025-07-03 | 0.204 | 0.758450 |
| 2025-06-26 | 0.202 | 0.761475 |
| 2025-06-18 | 0.202 | 0.773311 |
| 2025-06-12 | 0.203 | 0.773596 |
| 2025-06-05 | 0.202 | 0.782490 |
| 2025-05-29 | 0.200 | 0.784329 |
| 2025-05-22 | 0.204 | 0.804244 |
| 2025-05-15 | 0.200 | 0.783276 |
| 2025-05-08 | 0.200 | 0.803945 |
| 2025-05-01 | 0.194 | 0.791744 |
| 2025-04-24 | 0.350 | 1.479204 |
| 2025-04-17 | 0.352 | 1.512540 |
| 2025-04-10 | 0.286 | 1.264250 |
| 2025-04-03 | 0.313 | 1.301918 |
| 2025-03-27 | 0.323 | 1.280337 |
| 2025-03-20 | 0.323 | 1.285687 |
| 2025-03-13 | 0.332 | 1.341195 |
| 2025-03-06 | 0.227 | 0.897922 |
| 2025-02-27 | 0.231 | 0.892838 |
| 2025-02-20 | 0.236 | 0.880264 |
| 2025-02-13 | 0.234 | 0.880283 |
| 2025-02-06 | 0.234 | 0.883744 |
| 2025-01-30 | 0.099 | 0.376513 |
| 2025-01-23 | 0.140 | 0.528135 |
| 2025-01-16 | 0.229 | 0.883119 |
| 2025-01-08 | 0.234 | 0.913709 |
| 2024-12-26 | 0.238 | 0.906571 |
| 2024-12-19 | 0.183 | 0.709112 |
| 2024-12-12 | 0.207 | 0.779677 |
| 2024-12-05 | 0.202 | 0.755878 |
| 2024-11-27 | 0.289 | 1.091371 |
| 2024-11-21 | 0.245 | 0.931033 |
| 2024-11-14 | 0.335 | 1.270478 |
| 2024-11-07 | 0.287 | 1.094821 |
| 2024-10-31 | 0.250 | 0.974891 |
| 2024-10-24 | 0.253 | 0.974730 |
| 2024-10-10 | 0.334 | 1.280033 |
| 2024-10-01 | 1.809 | 6.981291 |
| 2024-09-03 | 2.757 | 10.968798 |
| 2024-07-31 | 1.674 | 6.583324 |
| 2024-07-01 | 1.386 | 5.406860 |
| 2024-06-03 | 1.659 | 6.693355 |
| 2024-05-01 | 2.283 | 9.568912 |
| 2024-04-01 | 1.650 | 6.709041 |
| 2024-03-01 | 1.800 | 7.403155 |
| 2024-02-01 | 1.740 | 7.303216 |
| 2023-12-28 | 1.500 | 6.366866 |
| 2023-12-01 | 1.950 | 8.540070 |
| 2023-11-01 | 2.730 | 12.535617 |
| 2023-10-02 | 2.700 | 12.361938 |
| Attribute | Value |
|---|---|
| All Time High | 60.36 |
| All Time Low | 27.41 |
| Ask | 31.5 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 20,200 |
| Average Daily Volume3 Month | 21,262 |
| Average Volume | 21,262 |
| Average Volume10Days | 20,200 |
| Beta3 Year | 0.0 |
| Bid | 28.5 |
| Bid Size | 100 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 30.4995 |
| Day Low | 30.21 |
| Dividend Yield | 37.25 |
| Eps Trailing Twelve Months | 1.1067406 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 29.80162 |
| Fifty Day Average Change | 0.53307915 |
| Fifty Day Average Change Percent | 0.017887589 |
| Fifty Two Week Change Percent | -3.0210972 |
| Fifty Two Week High | 34.65 |
| Fifty Two Week High Change | -4.315302 |
| Fifty Two Week High Change Percent | -0.12453973 |
| Fifty Two Week Low | 27.41 |
| Fifty Two Week Low Change | 2.9246998 |
| Fifty Two Week Low Change Percent | 0.106701925 |
| Fifty Two Week Range | 27.41 - 34.65 |
| First Trade Date Milliseconds | 1,695,130,200,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,694,995,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange-traded fund (“ETF”) that seeks current income while maintaining the opportunity for indirect exposure to the value of the index, subject to a limit on potential gains from increases in the value of the index. The fund is non-diversified. |
| Long Name | Defiance S&P 500 Target 30 Weekly Distribution ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1852944782 |
| Nav Price | 30.3712 |
| Net Assets | 60,543,480.0 |
| Net Expense Ratio | 1.03 |
| Open | 30.57 |
| Post Market Change | 1.1641006 |
| Post Market Change Percent | 3.8375216 |
| Post Market Price | 31.4988 |
| Post Market Time | 1,776,469,293 |
| Previous Close | 30.09 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.244699 |
| Regular Market Change Percent | 0.813225 |
| Regular Market Day High | 30.4995 |
| Regular Market Day Low | 30.21 |
| Regular Market Day Range | 30.21 - 30.4995 |
| Regular Market Open | 30.57 |
| Regular Market Previous Close | 30.09 |
| Regular Market Price | 30.3347 |
| Regular Market Time | 1,776,452,169 |
| Regular Market Volume | 18,969 |
| Short Name | Defiance S&P 500 Weekly Distrib |
| Source Interval | 15 |
| Symbol | WDTE |
| Total Assets | 60,543,480 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 27.409042 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -3.54874 |
| Trailing Three Month Returns | -3.54874 |
| Triggerable | 1 |
| Two Hundred Day Average | 32.262066 |
| Two Hundred Day Average Change | -1.9273663 |
| Two Hundred Day Average Change Percent | -0.059740942 |
| Type Disp | ETF |
| Volume | 18,969 |
| Yield | 0.3725 |
| Ytd Return | -3.54874 |