Opportunistic Trader ETF is an actively managed exchange-traded fund that seeks to combine U.S. large-cap equity investing with active options investing, with a portfolio strategy centered on opportunistic trading and derivatives-based exposure. The fund was launched in 2025, is headquartered in Richmond, Virginia, and trades on Cboe BZX under the ticker WZRD. The ETF is advised through OT Advisors LLC and is organized under ETF Opportunities Trust.
The fund’s core offering is its active equity ETF strategy, which uses U.S. large-cap stocks together with options positions and cash management to pursue its investment objective. Public fund materials identify the ETF’s primary exchange as Cboe BZX, its inception date as June 25, 2025, and its expense ratio as 1.07%.
In terms of recent corporate and operational changes, the fund completed a 1-for-15 reverse share split effective after market close on August 28, 2026, with shares beginning to trade on a split-adjusted basis on August 31, 2026. The fund’s board approved the action in a prospectus supplement, and the event was publicly disclosed by OT Advisors LLC in August 2026.
The ETF’s recent trading profile reflects significant volatility, and market data providers have reported sharp year-to-date and 12-month declines in 2026. The fund’s current public profile, pricing, and holdings are being followed by market data services, which also show active news coverage and post-split trading activity.