Nicholas Defense and Rare Earth Income ETF

Frequently Asked Questions About WEPN

What does WEPN invest in?

The Nicholas Defense and Rare Earth Income ETF (the Fund) primarily aims to achieve capital growth. Its secondary objective is to provide a consistent stream of current income.

What is the expense ratio of WEPN?

Nicholas Defense and Rare Earth Income ETF (WEPN) charges an expense ratio of 1.11%. This is the annual fee deducted from fund assets to cover management and operations.

What is WEPN's dividend yield?

WEPN's trailing-twelve-month yield is 8.70%, calculated from the sum of dividends over the past year divided by the current price.

How big is WEPN?

Nicholas Defense and Rare Earth Income ETF (WEPN) manages $5.0M 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 WEPN actively managed or an index fund?

WEPN's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was WEPN launched?

Nicholas Defense and Rare Earth Income ETF (WEPN) launched in March 2026 and is managed by Nicholasx.