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ETFs

WisdomTree PutWrite Strategy Fund

PUTW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 24 2016
Expense Ratio
0.44%
Type
US Equities
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$236,276
AUM
$92,930,239
Associated Index
Volos US Large Cap Target 2.5% PutWrite Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

B 0 09/07/23
TREASURY BILL
53.10%
B 0 08/10/23
TREASURY BILL
38.39%
USFR
WisdomTree Trust - WisdomTree Floating Rate Treasury Fund
4.33%
n/a
US Dollar
2.84%
B 0 09/07/23
TREASURY BILL
1.87%
n/a
S&P 500 ETF Jun23 419 Put
-0.14%
SPY 7 P420
S&P 500 ETF Jul23 420 Put
-0.40%
Invest with PUTW

What is PUTW?

The WisdomTree PutWrite Strategy Fund seeks to track the price and yield performance, before fees and expenses, of the Volos US Large Cap Target 2.5% PutWrite Index. The Index is provided by Volos Portfolio Solutions, Inc. It provides access to an institutional option overlay strategy in a low cost 40 Act vehicle and lowers portfolio beta, reduces downside risk and manage volatility.

ETFs related toPUTW

ETFs correlated to PUTW include XYLD, GAPR, USCA

PUTW
WisdomTree Trust - WisdomTree PutWrite Strategy Fund
XYLD
Global X Funds - Global X S&P 500 Covered Call ETF
GAPR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - April
USCA
DBX ETF Trust - Xtrackers MSCI USA Climate Action Equity ETF
CVLC
Morgan Stanley ETF Trust - Calvert US Large-Cap Core Responsible Index ETF
QYLD
Global X Funds - Global X NASDAQ 100 Covered Call ETF
DECW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Dec ETF
FTHI
First Trust Exchange-Traded Fund VI - First Trust BuyWrite Income ETF
RYLD
Global X Funds - Global X Russell 2000 Covered Call ETF
FAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - August
PDEC
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - December

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toPUTW

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#LSBH

Hedgefundies Refined: Leveraged Stocks and Bonds with a Hedge

Category

Balance Risk Not Assets, Lever Up, Composer's Picks, Leverage: High Risk, High Reward

Risk Rating

Aggressive

Create your own algorithmic trading strategy with PUTW using Composer

FAQ

PUTW is a US Equities ETF. The WisdomTree PutWrite Strategy Fund seeks to track the price and yield performance, before fees and expenses, of the Volos US Large Cap Target 2.5% PutWrite Index. The Index is provided by Volos Portfolio Solutions, Inc. It provides access to an institutional option overlay strategy in a low cost 40 Act vehicle and lowers portfolio beta, reduces downside risk and manage volatility.

PUTW tracks the Volos US Large Cap Target 2.5% PutWrite Index.

No, PUTW is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PUTW is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PUTW is 0.031%. This is the percent change in the value of PUTW over the most recent 1-month period. The 3-month return on PUTW is 0.0731%. This is the percent change in the value of PUTW over the most recent 3-month period.

The standard deviation of PUTW for the past year is 0.1314%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PUTW include SSO, UPRO, and PKW.

ETFs correlated to PUTW include XYLD, GAPR, and USCA.

ETFs that are inversely correlated to PUTW include SPDN, SH, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.