S&P 500 Weekly Distribution ETF
WDTE
New York Stock Exchange Arca31.79
USD
-0.34
(-0.22%)
S&P 500 Weekly Distribution ETF
WDTE
(New York Stock Exchange Arca)
Recent
price
31.79
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- Tidal Trust II - Defiance S&P 500 Enhanced Options & 0DTE Income ETF (WDTE) is an actively managed exchange-traded fund that seeks current income through a put-write strategy on S&P 500 index options, including daily-expiring zero days to expiration (0DTE) in-the-money puts to capture rapid time decay and option premium, while providing secondary exposure to S&P 500 performance subject to capped gains; the portfolio principally comprises short-term U.S. Treasury securities, such as Treasury bills and notes maturing within one to two years, and cash equivalents alongside derivatives positions in S&P 500 index options. WDTE targets investors seeking weekly income distributions paired with large-cap U.S. equity market participation, benchmarking against the S&P 500 Index across diversified sectors via derivatives rather than direct equity holdings. The ETF operates in the U.S. financial markets, with shares listed on NYSE Arca. Launched on September 18, 2023, WDTE forms part of the Defiance ETFs family under Tidal Trust II, a statutory trust established in 2022 with principal executive offices at 234 West Florida Street, Suite 203, Milwaukee, Wisconsin 53204. In recent developments, Tidal Financial Group, the platform supporting Tidal Trust II and ETF operations, announced a strategic partnership with FundVantage Trust in October 2025 to deliver end-to-end ETF solutions, encompassing product development, trust services, administration, compliance, trading, and marketing for advisers launching new strategies. The ETF maintains ongoing weekly distributions, with the most recent ex-dividend date of November 13, 2025, at $0.1918 per share and a trailing twelve-month yield exceeding 35%, though distributions often include significant return of capital that may reduce net asset value over time; earlier in 2024, WDTE underwent a 1-for-3 reverse stock split effective August 1 alongside related Defiance ETFs.