PUTW

WisdomTree CBOE S&P 500 PutWrite Strategy Fund
*Unless otherwise stated, data provided by FactSet.

PUTW Fund Description

PUTW 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 two fold: 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 take on put-writes. 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.

PERFORMANCE [as of 06/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PUTW -3.32% -- -7.24% 0.98% 6.14% 4.56% --
PUTW (NAV) -3.09% -9.12% -7.44% 0.65% 6.11% 4.57% --
CBOE S&P 500 PutWrite Index -- -- -- -- -- -- --
MSCI USA Large Cap Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PUTW Summary Data

WisdomTree
02/24/16
Open-Ended Fund
0.44%
$99.50M
$706.03K
0.64%

PUTW Portfolio Data

--
--
--
1.20%
N/A
--

PUTW Index Data

Single Asset
Single Asset
MSCI USA Large Cap Index

PUTW Portfolio Management

0.44%
-0.61%
0.63%
-4.96%

PUTW Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PUTW Fund Structure

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

PUTW Factset Analytics Block Liquidity

As of 06/30/22
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

21,541
$706.03K
13,059
$437.84K
0.64%
$0.21
0.05%
3.63% / -1.15%
None
100.00%
50,000
0.26
0.01%
--
0
$32.01
N/A

PUTW Sector/Industry Breakdown


PUTW
Segment Benchmark
77.82%
--
17.80%
--
4.39%
--

PUTW Top 10 Holdings

39.90%
37.92%
17.80%
100.00%

PUTW Countries


PUTW
Segment Benchmark
--
99.89%
--
0.11%

PUTW Regions


PUTW
Segment Benchmark
--
100.00%

PUTW Economic Development


PUTW
Segment Benchmark
--
100.00%

PUTW Performance Statistics

0.71
0.61
0.65
0.70
0.68%
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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