Peerless Option Income Etf Profile
| WEEL Etf | 19.96 0.27 1.37% |
Performance Weak
| Odds Of Distress Low
|
Peerless Option Income currently trades at $19.96, posting an 1.37% increase in today's market action with an intraday range between $19.66 and $20.02. Peerless Option carries a 9% probability of financial distress over the medium term. Over the last 90 trading days, it has delivered negative risk-adjusted returns. The performance scores are computed for the period from December 23, 2025 through March 23, 2026. Learn more.
One Year Return 15.2 | Etf Asset Type Equity | Asset Type Etf | Category Derivative Income | Etf Category Sector |
Moving together with Peerless Etf
| 0.76 | JEPI | JPMorgan Equity Premium | PairCorr |
| 0.86 | XYLD | Global X SAMPP Sell-off Trend | PairCorr |
| 0.84 | RYLD | Global X Russell | PairCorr |
Moving against Peerless Etf
Etf Highlights
Peerless Option Income [WEEL] is traded in USA. The fund is listed under the Derivative Income category. The entity is thematically classified as Strategy ETFs. Peerless Option Income at this time has in net assets. The total return for the last year is 15.2%. The ETF has a beta of 0.3613. The returns on MARKET and Peerless Option are completely uncorrelated. Peerless Option financial stability analysisNotable Updates
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Sector ETFs, Derivative Income (View all Sectors) |
| Issuer | Peerless ETFs |
| Inception Date | 2024-05-16 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 31.39 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Tidal ETF Services, LLC |
| Advisor | Tidal Investments, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Erik Thompson, Robert Pascarella, Qiao Duan, Christopher Mullen |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 40.0 |
| Market Maker | Old Mission |
| Total Expense | 1.17 |
| Management Fee | 1.09 |
| 200 Day M A | 20.1544 |
| Country Name | USA |
| 50 Day M A | 20.2309 |
| Code | WEEL |
| Updated At | 23rd of March 2026 |
| Returns Y T D | -1.8 |
| Name | Peerless Option Income Wheel ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01MVV1RG9 |
| Type | ETF |
| 1y Volatility | 7.85 |
Common Risk Profiles
CAPM provides the framework most analysts use to determine a fair expected return for investing in Peerless Option. Alpha and beta are the primary CAPM risk-return descriptors that analysts use to evaluate ETF performance.
| Mean Deviation | 0.3724 | |||
| Standard Deviation | 0.4722 | |||
| Variance | 0.2229 | |||
| Risk Adjusted Performance | -0.04 |
Technical Analysis
Transformation |
This analysis covers sixty-one data points across the selected time horizon. Peerless Option Income Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Peerless Option price patterns.
Peerless Option Income Against Markets
Etf Analysis Notes
Peerless Option is is formed as Regulated Investment Company in the United States. ETF is managed and operated by Tidal ETF Services, LLC. The fund has 40 constituents across multiple sectors and instustries. The fund charges 1.09 percent management fee with a total expences of 1.17 percent of total asset. Peerless Option Income (WEEL) recorded an ETF Asset Type of Equity.Investor Insights and Alerts
| Peerless Option generated a negative expected return over the last 90 days |
Thematic Classifications
Looking at Peerless Option Income through a thematic lens provides context for understanding which broader trends, sectors, or policy shifts may be supporting the position. That matters when investors want to build portfolios around a conviction theme rather than around one ticker chosen without context.
 | Strategy ETFsUSA ETFs from Strategy clasification | |
| Sector ETFsUSA ETFs from Sector clasification |
Top Peerless Option Income Etf Constituents
| FGXXX | First American Funds | Money Market Fund | |
| KRE | SPDR SAMPP Regional | Etf | |
| BIGT | Roundhill BIG Tech | Etf | |
| KWEB | KraneShares CSI China | Etf | |
| QQQ | Invesco QQQ Trust | Etf | |
| IYR | iShares Trust | Etf | |
| ARKK | ARK Innovation ETF | Etf |
Predictive Daily Indicators
Daily signals in Peerless Option Income help active traders track momentum, reversals, and volume pressure during the session. For most traders, the benefit is faster feedback on momentum, which sharpens both entries and exits.
Forecast Models
Quantitative tools for Peerless Option Income focus on observed patterns, which helps when markets move faster than research can update. These models describe patterns, not guarantees. The real test is whether market conditions have changed enough to break the old pattern.Etf Overview, Methodology & Data Sources
Creation and redemption activity helps align market price with reported NAV over time.
Methodology
Unless otherwise specified, data for Peerless Option Income is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. Peerless Option Income market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. Indicative intraday values (IIV), where published, may provide additional context for premium or discount behavior relative to reported NAV. Assumptions: We use public fund disclosures, holdings reports, and market data feeds with disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR as reference inputs. Data may be normalized and can be delayed. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Research Sources
Peerless Option Income may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.
This content is curated and reviewed by:
Rifka Kats - Member of Macroaxis Editorial BoardMore Resources for Peerless Etf Analysis
Initial analysis of Peerless Option Income centers on its financial statements and observed trends. Ratios connect earnings, costs, and operational efficiency.Portfolio design and allocation context appear in Your Current Watchlist. Portfolio balance depends on how holdings are weighted relative to each other. A position in Peerless Option Income appears within the mix. The position is captured in the allocation summary. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Peerless Option analysis should be read alongside other portfolio and risk tools before reallocating capital. The supplemental views below help investors decide how Peerless Option complements or overlaps with existing portfolio holdings. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Market capitalization and book value offer complementary views of Peerless Option Income - the first driven by investor sentiment, the second by accounting standards.
The concept of value for Peerless Option differs from its quoted price, since each reflects a different lens. A full view may include fundamental ratios, momentum patterns, industry dynamics, and analyst estimates.