WEEL — Peerless Option Income Wheel ETF
Data updated: 2026-08-28
WEEL — Peerless Option Income Wheel ETF. United States Multi-Cap / All-Cap Blend / Core Equity · $38.71M AUM. Holdings, fees, performance and SEC filings.
WEEL Fund Overview
WEEL — Peerless Option Income Wheel ETF is a US ETF managed by Tidal Trust II, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Tidal Trust II
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $38.71M
- 1-year return: 16.3%
- Ticker: WEEL
- SEC CIK: 0001924868
- SEC series ID: S000084565
- Share class ID: C000248983
WEEL Holdings
Top 10 holdings of Peerless Option Income Wheel ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| First American Government Obli | 29.30% |
| Treasury Bill | 18.10% |
| ARK Innovation ETF | 8.14% |
| Invesco QQQ Trust Series 1 | 5.90% |
| KraneShares CSI China Internet | 4.58% |
| State Street Utilities Select | 4.39% |
| iShares MSCI Emerging Markets | 4.07% |
| VanEck Gold Miners ETF/USA | 4.00% |
| iShares Expanded Tech-Software | 3.75% |
| iShares U.S. Home Construction | 2.29% |
WEEL Portfolio Allocation
Asset-class allocation of Peerless Option Income Wheel ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 42.5% |
| Cash & Equivalents | 29.3% |
| Fixed Income | 18.1% |
WEEL Performance
Total returns for WEEL (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 6.3% |
| 1 year | 16.3% |
| 3 years (annualised) | 12.1% |
WEEL Risk Information
Risk metrics for WEEL, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.3%
WEEL Costs and Fees
WEEL costs about $99 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.99%
- Gross expense ratio: 1.25%
- Portfolio turnover: 638%
- Brokerage commissions: 12.40 bps of average net assets (SEC N-CEN)
WEEL Cashflows
Over the 12 months to 2026-06, Peerless Option Income Wheel ETF had net inflows of $26.28M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $2.49M |
| 2026-05 | $3.55M |
| 2026-04 | $507.98K |
| 2026-03 | $957.09K |
| 2026-02 | $2.54M |
| 2026-01 | $3.01M |
WEEL Debt Constituents
Largest debt holdings of Peerless Option Income Wheel ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Treasury Bill | 18.10% |
WEEL Prospectus and SEC Filings
Official Peerless Option Income Wheel ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-24
- Prospectus (485BPOS) — filed 2025-07-25
- Prospectus (485BPOS) — filed 2024-05-10
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2026-06-09
- Annual census (N-CEN) — filed 2025-06-16
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.