# S&P 500 Weekly Distribution ETF (WDTE): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/wdte for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Defiance · Asset class: Equity - Strategy: Passive Index · Inception: 2023-09-18 The Defiance S&P 500 Enhanced Options Income ETF, known as “the Fund,” is principally designed to provide investors with a steady stream of income. Its additional, but secondary, aim is to grow its capital value. ## Key Facts | Metric | Value | |---|---| | Price | $28.46 | | Expense Ratio | 1.03% | | Assets Under Management | $71.1M | | NAV | $28.15 | | Holdings Count | 5 | | Distribution Yield (TTM) | 32.56% | | Annual Distribution (TTM) | $9.27 /share | | Distribution Frequency | Weekly | | 52-Week Range | $27.41 – $33.65 | | Beta | 0.74 | ## Latest Distribution - Amount: $0.1643 /share - Ex-date: 2026-10-22 - Pay date: 2026-10-23 ## Frequently Asked Questions ### What does WDTE invest in? The Defiance S&P 500 Enhanced Options Income ETF, known as “the Fund,” is principally designed to provide investors with a steady stream of income. Its additional, but secondary, aim is to grow its capital value. ### What is the expense ratio of WDTE? S&P 500 Weekly Distribution ETF (WDTE) charges an expense ratio of 1.03%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is WDTE? S&P 500 Weekly Distribution ETF (WDTE) manages $71.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is WDTE actively managed or an index fund? WDTE is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (WDTE's is 1.03%) because there's no security selection cost. ### When was WDTE launched? S&P 500 Weekly Distribution ETF (WDTE) launched in September 2023 and is managed by Defiance. ### How has WDTE performed? WDTE's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does WDTE pay a dividend? S&P 500 Weekly Distribution ETF (WDTE) currently distributes little or no income. Trailing-twelve-month yield is 32.56%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does WDTE pay dividends? S&P 500 Weekly Distribution ETF pays dividends Weekly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is WDTE's dividend yield? WDTE's trailing-twelve-month yield is 32.56%, calculated from the sum of dividends over the past year divided by the current price. ### When is WDTE's next ex-dividend date? The most recently announced ex-dividend date for WDTE was 2026-10-22. The next ex-date typically follows Weekly; once announced it appears at the top of the dividend history table on this page. ### How much will WDTE's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.03% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does WDTE charge its expense ratio? The expense ratio is deducted in tiny daily slices from WDTE's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does WDTE cost more than a fund like VOO? WDTE is a passive index fund (current expense ratio 1.03%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to WDTE? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as WDTE (1.03%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/wdte - Distribution history: https://www.dividenddata.com/funds/wdte/dividend - Holdings & diversification: https://www.dividenddata.com/funds/wdte/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/wdte/expenses - Peer comparison: https://www.dividenddata.com/funds/wdte/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.