What is PUTW?

PUTW tracks an index that consists of short SPY put options and cash collateral. The index selects put options that target a premium of 2.5% and rolls its exposure twice a month.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PUTW 3.37% 4.01% 2.56% -4.93% 3.99% 3.49% --
PUTW (NAV) 3.57% 4.60% 2.93% -4.81% 4.06% 3.57% --
CBOE S&P 500 PutWrite Index 3.23% 6.80% 2.55% -2.31% 5.26% 4.53% 6.50%
MSCI USA Large Cap Index 3.98% 7.96% 3.56% -11.35% 7.53% 9.14% 12.56%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PUTW Factset Analytics Insight

PUTW is a passively managed fund that utilizes a collateralized put options strategy. The underlying index consists of: 1) short exchange-listed put options on the SPDR S&P 500 ETF Trust (SPY), and 2) a cash collateral account that accrues interest at a theoretical three-month Treasury bill rate on a daily basis. At any point in time, the strategy has two SPY put options that target a monthly premium of 2.5% and whose expiration dates are either the first or third Friday of each month. On a biweekly basis, the fund closes the options contracts one week prior to their expiration date and sells the newly selected SPY puts. Each put option has a strike price that is the at-the-money strike price or the strike price for a SPY put that has a premium closest to 2.5%, whichever is higher. The number of SPY puts sold by the fund varies but is limited by the amount held by the fund in Treasury bills. Investors should note that the fund’s potential return is limited to the amount of the option premiums it receives. Prior to October 24, 2022, the fund name was WisdomTree CBOE S&P 500 PutWrite Strategy Fund, which reflects its previous underlying index.

PUTW Summary Data

WisdomTree
02/24/16
0.44%
$100.83M
MSCI USA Large Cap Index
Open-Ended Fund

Peers

MSCI USA Large Cap Index

Fund Flows

-$0.00B 5 Days
+$0.00B 30 Days
-$0.00B 90 Days

PUTW Portfolio Data

--
--
--
3.18%
N/A
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PUTW Index Data

Fixed
Fixed
MSCI USA Large Cap Index

PUTW Portfolio Management

0.44%
-0.61%
0.63%
-4.96%

PUTW Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

PUTW Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 01/23/23

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

28,356
$868.55K
17,316
$529.11K
0.54%
$0.16
0.01%
3.63% / -1.02%
None
100.00%
50,000
0.35
0.01%
--
0
$30.89
N/A

PUTW Sector/Industry Breakdown

PUTW Segment
Benchmark
91.70% --
4.48% --
3.82% --

PUTW Top 10 Holdings

56.96%
34.74%
3.82%
100.00%

PUTW Performance Statistics

0.71
0.58
0.49
0.72
0.99%
MSCI USA Large Cap Index

PUTW Benchmark Comparison Holdings

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PUTW Benchmark Comparison Summary

PUTW Segment
Benchmark
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PUTW Benchmark Comparison Market Cap Size

PUTW Segment
Benchmark
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