# S&P 500 Weekly Distribution ETF (WDTE) ETF

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> **Last updated:** 2026-03-15 UTC  
> **Disclaimer:** This is not financial advice. Educational purposes only.

## Quick Answer

The Defiance S&P 500 Enhanced Options Income ETF (the “Fund”) seeks to generate current income, with a secondary objective of capital appreciation. 1.03% expense ratio, $64M AUM, 5 holdings, inception 2023.

## Fund Snapshot

- **Fund Name:** S&P 500 Weekly Distribution ETF
- **Symbol:** WDTE
- **Asset Class:** Equity
- **Issuer:** Defiance
- **Domicile:** US
- **Expense Ratio:** 1.03%
- **NAV:** $29.26
- **AUM:** $63.64M
- **Inception Date:** 2023-09-18
- **Holdings Count:** 5
- **Dividend Yield:** 0.00%
- **Beta:** 0.00

## About S&P 500 Weekly Distribution ETF

The Defiance S&P 500 Enhanced Options Income ETF (the “Fund”) seeks to generate current income, with a secondary objective of capital appreciation.

## Investment Strategy

The Defiance S&P 500 Enhanced Options Income ETF (the “Fund”) seeks to generate current income, with a secondary objective of capital appreciation. S&P 500 Weekly Distribution ETF provides exposure to the equity market. The portfolio is concentrated with 5 holdings. Sector allocation is spread across 11 sectors, with Technology as the largest at 34.1%.

## Risk Profile

S&P 500 Weekly Distribution ETF holds only 5 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. A beta of 0.00 indicates lower volatility relative to the broader market. The 1.03% expense ratio is above average and will reduce net returns over time.

## Top Holdings

- [First American Government Obligs X (FGXXX)](https://www.stockexpertai.com/stock/fgxxx) — **Weight:** 3.32%

## Sector Allocation

- Technology: 34.1%
- Financial Services: 12.6%
- Communication Services: 11.2%
- Consumer Cyclical: 10.6%
- Healthcare: 9.4%
- Industrials: 8.0%
- Consumer Defensive: 5.0%
- Energy: 3.2%
- Utilities: 2.3%
- Real Estate: 1.9%
- Basic Materials: 1.8%

## Country Allocation

- Other: 100.0%

## Frequently Asked Questions

### What is S&P 500 Weekly Distribution ETF (WDTE)?

The Defiance S&P 500 Enhanced Options Income ETF (the “Fund”) seeks to generate current income, with a secondary objective of capital appreciation. It holds 5 securities. With $64M in assets under management, it is a funds in its category.

### What is the expense ratio for WDTE?

S&P 500 Weekly Distribution ETF has an expense ratio of 1.03%, which is considered higher than average for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $103. Lower expense ratios generally lead to better long-term returns, all else being equal.

### What sectors does WDTE invest in?

S&P 500 Weekly Distribution ETF allocates across 11 sectors. The largest sector exposures are Technology (34.1%), Financial Services (12.6%), Communication Services (11.2%). The sector allocation provides broad market exposure across multiple industries.

### How long has WDTE been around?

S&P 500 Weekly Distribution ETF was launched in 2023, making it 3 years old. It is a relatively newer fund with a shorter track record. It is managed by Defiance.

### What is the current NAV of WDTE?

S&P 500 Weekly Distribution ETF has a net asset value (NAV) of approximately $29.26 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities. Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.

## Data Sources

- Yahoo Finance (ETF bundle)
- Issuer prospectus
- Stock Expert AI proprietary analysis

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All content on Stock Expert AI is for educational and informational purposes only. Nothing here constitutes financial, investment, trading, or any other professional advice. Users should consult qualified financial advisors before making investment decisions.

ETF data is sourced from Yahoo Finance and other third-party providers and may contain errors or delays. Past performance does not guarantee future results. Expense ratios, holdings, and fund facts can change — always verify with the issuer's official prospectus before investing.

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