(WDTE) Defiance SP500 Enhanced - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: (N/A)

Etf: Options, S&P, Income, ETF, Active

Total Rating 31
Risk 61
Buy Signal 0.80

Dividends

Dividend Yield 32.55%
Yield on Cost 5y 45.85%
Yield CAGR 5y 92.20%
Payout Consistency 87.9%
Payout Ratio -
Risk 5d forecast
Volatility 17.2%
Relative Tail Risk -20.4%
Reward TTM
Sharpe Ratio 0.47
Alpha -0.73
Character TTM
Beta 0.613
Beta Downside 0.947
Drawdowns 3y
Max DD 15.85%
CAGR/Max DD 0.82

Description: WDTE Defiance SP500 Enhanced December 22, 2025

The Defiance S&P 500 Enhanced Options 0DTE Income ETF (WDTE) is an actively managed, non-diversified ETF that targets current income while offering indirect exposure to the S&P 500. Its strategy caps upside potential from index gains by writing zero-day-to-expiration (0DTE) call options, which also generates premium income.

Key metrics as of the latest filing show an expense ratio of 0.75%, a distribution yield around 7.2%, and assets under management of roughly $150 million. The fund’s performance is highly sensitive to equity market volatility (VIX) and short-term interest-rate expectations, as both drive option premiums. Because it relies on frequent option writing, turnover exceeds 150% annually, reflecting the rapid roll-over of 0DTE contracts.

For a deeper quantitative breakdown and scenario analysis, you may want to explore the data available on ValueRay.

What is the price of WDTE shares?

As of February 10, 2026, the stock is trading at USD 31.25 with a total of 47,361 shares traded.
Over the past week, the price has changed by -0.03%, over one month by +0.78%, over three months by +2.21% and over the past year by +10.07%.

Is WDTE a buy, sell or hold?

Defiance SP500 Enhanced has no consensus analysts rating.

What are the forecasts/targets for the WDTE price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 53.9 72.3%

WDTE Fundamental Data Overview February 09, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 68.5m USD (68.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 68.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 68.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.17% (E(68.5m)/V(68.5m) * Re(8.17%) + (debt-free company))
Discount Rate = 8.17% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for WDTE ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle