Peerless Option Income Wheel ETF (WEEL)
Peerless Option Income Wheel ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $20.06, up 0.19% on the session, giving a market capitalisation of $14.8M. Its beta of 0.66 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund (ETF) is designed to generate consistent income. Its investment approach is twofold: firstly, the fund primarily allocates capital across various market sectors by investing in sector-specific ETFs, occasionally including individual securities; and secondly, it systematically employs an "option wheel strategy" to further its income goals. It's important to note that the fund maintains a non-diversified portfolio.
Peerless Option Income Wheel ETF is most often compared with the following Financial Services names: