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Peerless Option Income Wheel ETF (WEEL)

Derivative Income | Exchange Traded Fund | NYSEArca
20.74 USD -0.02 (-0.086%) ⇩ (Aug. 28, 2026, 3:46 p.m. EDT)
After hours: 20.74

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 4:52 a.m. EDT

The most critical observation is the disconnect between the headline-grabbing 12.75% yield and the underlying price performance. While the recent fourteen-day price action shows a modest uptick, hovering near the $20.60 level, the annual trajectory reveals a flat-to-slightly-negative trend over the last year. This stagnation suggests the high yield is likely compensating for a lack of capital appreciation rather than signaling a robust, growing business. The statistical forecast model offers a neutral-to-slightly-bearish outlook for the coming month, reinforcing the view that there is no immediate momentum catalyst to drive a breakout. Consequently, the instrument appears best suited for income-focused investors who can tolerate the volatility of an option-based strategy without expecting significant price growth.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.019523
MSTL0.020036
AutoETS0.020044
AutoTheta0.020146

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 59%
H-stat 5.69
Ljung-Box p 0.000
Jarque-Bera p 0.409
Excess Kurtosis -0.72
Attribute Value
Trailing P/E 19.89

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.05% 12.94%
Dividend History
Date Dividend Yield %
2026-06-25 0.600 3.047232
2026-03-26 0.600 3.133159
2025-12-30 0.750 3.750750
2025-09-25 0.600 3.010084
2025-06-26 0.600 3.096774
2025-03-27 0.600 3.180999
2024-12-27 0.732 3.763496
2024-09-25 0.600 2.952756
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 12.75

Info Dump

Attribute Value
All Time High 23.94
All Time Low 16.22
Ask 21.9
Ask Size 100
Average Daily Volume10 Day 17,200
Average Daily Volume3 Month 17,991
Average Volume 17,991
Average Volume10Days 17,200
Beta3 Year 0.0
Bid 20.51
Bid Size 500
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 20.8399
Day Low 20.705
Dividend Yield 12.75
Eps Trailing Twelve Months 1.0424312
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.23458
Fifty Day Average Change 0.5004215
Fifty Day Average Change Percent 0.024731006
Fifty Two Week Change Percent 1.7802835
Fifty Two Week High 23.94
Fifty Two Week High Change -3.205
Fifty Two Week High Change Percent -0.13387635
Fifty Two Week Low 18.98
Fifty Two Week Low Change 1.7550011
Fifty Two Week Low Change Percent 0.09246581
Fifty Two Week Range 18.98 - 23.94
First Trade Date Milliseconds 1,715,866,200,000
Full Exchange Name NYSEArca
Fullday Change -0.0178986
Fullday Change Percent -0.0862461
Fullday Price 20.735
Fund Family Peerless ETFs
Fund Inception Date 1,715,731,200
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. The fund’s strategy consists of two main components: firstly, investing in a range of sector-specific ETFs and, in some instances, individual securities; and secondly, implementing an “option wheel strategy.” The option wheel strategy focuses on writing options on the fund’s holdings in these sector-based ETFs and individual securities. The fund is non-diversified.
Long Name Peerless Option Income Wheel ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1871677721
Nav Price 20.6499
Net Assets 38,501,132.0
Net Expense Ratio 0.99
Open 20.775
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 20.735
Post Market Time 1,787,959,806
Previous Close 20.7529
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.0178986
Regular Market Change Percent -0.0862461
Regular Market Day High 20.8399
Regular Market Day Low 20.705
Regular Market Day Range 20.705 - 20.8399
Regular Market Open 20.775
Regular Market Previous Close 20.7529
Regular Market Price 20.735
Regular Market Time 1,787,946,373
Regular Market Volume 31,166
Short Name Peerless Option Income Wheel ET
Source Interval 15
Symbol WEEL
Total Assets 38,501,132
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 19.891
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.97192
Trailing Three Month Returns 1.97192
Triggerable 1
Two Hundred Day Average 20.26006
Two Hundred Day Average Change 0.47494125
Two Hundred Day Average Change Percent 0.023442244
Type Disp ETF
Volume 31,166
Yield 0.1275
Ytd Return 7.0867