About this ETF
The Nicholas Defense and Rare Earth Income ETF (the Fund) primarily aims to achieve capital growth. Its secondary objective is to provide a consistent stream of current income.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -1.49% | +0.79% | -3.60% | — | — | — | — | — | -14.11% |
| Total return | -1.49% | +1.95% | +0.50% | — | — | — | — | — | -9.20% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.11% | Annual cost of a $10,000 investment | $111.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 76 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Crowdstrike Holdings Inc | CRWD | 11.64% | 2.75K | $724.6K |
| 2 | Palo Alto Networks Inc | PANW | 11.26% | 1.76K | $701.4K |
| 3 | Space Exploration Technologies Corp | SPCX | 8.83% | 3.42K | $549.6K |
| 4 | Invesco DB Base Metals Fund | DBB | 6.63% | 16.68K | $412.9K |
| 5 | Palantir Technologies Inc | PLTR | 5.85% | 1.83K | $364.2K |
| 6 | VanEck Steel ETF | SLX | 4.33% | 2.64K | $269.5K |
| 7 | CACI International Inc | CACI | 4.05% | 421 | $252.3K |
| 8 | RTX Corp | RTX | 3.69% | 1.25K | $230.0K |
| 9 | abrdn Physical Platinum Shares ETF | PPLT | 3.54% | 14.85K | $220.1K |
| 10 | United States Copper Index Fund | CPER | 3.49% | 5.50K | $217.1K |
| 11 | Lockheed Martin Corp | LMT | 3.17% | 388 | $197.1K |
| 12 | Axon Enterprise Inc | AXON | 3.10% | 462 | $192.8K |
| 13 | Global X Lithium & Battery Tech ETF | LIT | 2.94% | 2.65K | $182.8K |
| 14 | AeroVironment Inc | AVAV | 2.93% | 1.32K | $182.3K |
| 15 | Ondas Inc | ONDS | 2.82% | 25.59K | $175.3K |
| 16 | BWX Technologies Inc | BWXT | 2.79% | 1.22K | $173.7K |
| 17 | Northrop Grumman Corp | NOC | 2.68% | 345 | $167.1K |
| 18 | Huntington Ingalls Industries Inc | HII | 2.49% | 585 | $155.0K |
| 19 | Global X Uranium ETF | URA | 2.20% | 3.55K | $137.0K |
| 20 | Kratos Defense & Security Solutions Inc | KTOS | 2.00% | 2.96K | $124.3K |
| 21 | Sociedad Quimica y Minera de Chile SA | SQM | 1.82% | 1.76K | $113.6K |
| 22 | MP Materials Corp | MP | 1.55% | 2.10K | $96.8K |
| 23 | Alcoa Corp | AA | 1.43% | 2.08K | $89.1K |
| 24 | Critical Metals Corp | CRML | 1.34% | 12.20K | $83.3K |
| 25 | USA Rare Earth Inc | USAR | 1.30% | 6.39K | $80.8K |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 7.81% | Paid (last 12 months) | $3.2793 |
| Frequency | Weekly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 06, 2026 | Last payment | $0.0961 (Oct 07, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 06, 2026 | Oct 06, 2026 | Oct 07, 2026 | $0.0961 |
| Sep 29, 2026 | Sep 29, 2026 | Sep 30, 2026 | $0.0992 |
| Sep 22, 2026 | Sep 22, 2026 | Sep 23, 2026 | $0.0997 |
| Sep 15, 2026 | Sep 15, 2026 | Sep 16, 2026 | $0.0974 |
| Sep 09, 2026 | Sep 09, 2026 | Sep 10, 2026 | $0.1013 |
| Sep 01, 2026 | Sep 01, 2026 | Sep 02, 2026 | $0.1065 |
| Aug 25, 2026 | Aug 25, 2026 | Aug 26, 2026 | $0.1019 |
| Aug 18, 2026 | Aug 18, 2026 | Aug 19, 2026 | $0.1080 |
| Aug 11, 2026 | Aug 11, 2026 | Aug 12, 2026 | $0.1013 |
| Aug 04, 2026 | Aug 04, 2026 | Aug 05, 2026 | $0.0931 |
| Jul 28, 2026 | Jul 28, 2026 | Jul 29, 2026 | $0.0935 |
| Jul 21, 2026 | Jul 21, 2026 | Jul 22, 2026 | $0.0944 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
Liquidity
| Volume today | 519 | Average volume | 2.21K |
| AUM | $6.2M | Premium/Discount | +1.05% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$20.0K | -0.32% | $6.2M → $6.2M |
| 1 Month | -$235.9K | -3.67% | $6.4M → $6.2M |
| 1 Week | -$81.8K | -1.31% | $6.3M → $6.2M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for WEPN
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.
WEPN