PUTW

WisdomTree PutWrite Strategy Fund

SPYIssuer: WisdomTreeInception: February 24, 2016

5.5

Overall Score

Strategy & Profile

WisdomTree PutWrite strategy — instead of selling covered calls, PUTW sells cash-secured put options on the S&P 500 index. Economically similar to a covered call but structurally different. Generates income from put premiums.

TTM Yield: ~8%

Strengths

  • ✓Alternative income source via put writing
  • ✓Long track record (since 2016)
  • ✓Reasonable downside protection

Weaknesses

  • ✗Less intuitive strategy for retail investors
  • ✗Underperforms in strong bull markets
  • ✗Smaller AUM

Investor Profile

Sophisticated investor seeking income via put writing strategy

Verdict

Interesting alternative to traditional covered calls — similar economics, different mechanics

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Key Metrics

Expense Ratio

0.440%

Inception Date

February 24, 2016

Benchmark

SPY

Category

Covered Call - Large Cap

Distribution Frequency

Monthly

Maturity Rating

5/5 stars

Scores calculated using CoveredRank methodology. Every formula is published and reproducible.

See full methodology→

Disclaimer: CoveredRank provides independent educational content only. This is not financial advice. Please consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results.