PUTW

WisdomTree CBOE S&P 500 PutWrite Strategy Fund
N/A

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

PUTW Fund Description

The WisdomTree CBOE S&P 500 PutWrite Strategy ETF tracks an index of put options on the S&P 500 index. The index writes at-the-money put options and rolls its exposure monthly.

PUTW Factset Analytics Insight

PUTW offers a pure-play take on a well-established option strategy in an ETF. The fund writes at-the-money put options on the S&P 500 index, fully collateralized by cash and cash-like vehicles. The appeal is twofold: the premium earned from selling the options, which enables it to earn a return in a sidewise market; and generally lower volatility than the S&P 500. The strategy forgoes big upside if the S&P takes off and has plenty of downside if stocks tank.

PUTW launched in February 2015 but tracks an index dating back to 2007. Its at-the-money, index based exposure differs from active or alternative takes on putwrites offered by HVPV. Investors can also consider covered call ETFs like PBP. PUTW intends to distribute any gains annually and generally expects them to be taxed at a blended 60% long-term/40% short-term capital gains tax rate. (Kudos to issuer WisdomTree for rare clarity on this point.) The ETF charges a very competitive fee relative to peers.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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PUTW Top 10 Sectors

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PUTW Top 10 Holdings

PUTW Summary Data

WisdomTree
02/24/16
Open-Ended Fund
0.38%
$201.83M
$1.05M
0.20%

PUTW Portfolio Data

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--
--
3.55%
12/24/18
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PUTW Index Data

Single Asset
Single Asset
MSCI USA Large Cap

Related ETFs to PUTW

PBP, QYLD, HSPX, FTHI, BWV
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

PUTW Portfolio Management

0.38%
--
--
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PUTW Tax Exposures

20.00% / 39.60%
1.77%
Ordinary income
No

PUTW Fund Structure

Open-Ended Fund
No
No
75% / 25%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

PUTW Factset Analytics Block Liquidity

As of 04/20/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PUTW. PUTW is rated a N/A out of 5.

PUTW Tradability

37,042
$1.05M
23,983
$683.99K
0.20%
$0.06
0.11%
1.10% / -2.06%
None
100.00%
50,000
0.48
0.01%
--
--
$28.85
N/A

PUTW Sector/Industry BreakdownView All

PUTW Top 10 HoldingsView All

PUTW Geographic Exposure

PUTWSegment Benchmark
100.00% --

PUTWSegment Benchmark
100.00% --
0.00% / 0.00% 0.00% / 0.00%

PUTW Performance Statistics

0.78
0.69
0.69
0.85
0.39%
MSCI USA Large Cap

PUTW BENCHMARK COMPARISON

    PUTW
    -- Holdings
    Segment Benchmark
    -- Constituents
    Shared Holdings
    -- (Count)
     
    -- (Weight)
PUTWSegment Benchmark
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