WDTE Stock Summary and Trading Ideas (Defiance S&P 500 Enhanced Option Income ETF | ARCA:WDTE)

WDTE aims to achieve consistent weekly yield distributions for investors coupled with equity market exposure to the S&P 500. WDTE is an actively managed exchange-traded fund ("ETF") that seeks enhanced income, constructed of treasuries and S&P 500 index options. The strategy's objective is to generate weekly distributions by selling option premium on a daily basis. The fund uses daily options to realize rapid time decay by selling in the money puts.

Defiance S&P 500 Enhanced Option Income ETF trades on the ARCA stock market under the symbol WDTE.

As of May 1, 2026, WDTE stock price climbed to $30.52 with 30,258 million shares trading.

WDTE has a beta of 0.74, meaning it tends to be less sensitive to market movements. WDTE has a correlation of 0.90 to the broad based SPY ETF.

WDTE has a market cap of $63.32 million. This is considered a Micro Cap stock.

WDTE has underperformed the market in the last year with a return of +22.9%, while SPY returned +30.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in WDTE shares. However, WDTE has outperformed the market in the last 3 month and 2 week periods, returning +4.7% and +1.8%, while SPY returned +4.4% and +1.5%, respectively. This indicates WDTE has been having a stronger performance recently.

WDTE support price is $30.15 and resistance is $30.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WDTE shares will trade within this expected range on the day.