WCEO: Hypatia Women CEO ETF
What this ETF is trying to do
The Hypatia Women CEO ETF (WCEO) is an exchange-traded fund listed on the NYSE. While the specific investment strategy isn't detailed in the data, it holds a variety of different companies. Based on its top holdings, the fund includes companies from sectors like technology, energy, and consumer goods.
What the numbers show
The data shows that WCEO has experienced growth in its share price over different time periods.
• Year-to-Date (YTD): The price return is approximately 15.05%.
• One Year: The share-price change (one-year price return) was approximately 16.80%. When including distributions, the one-year total return was approximately 17.54%.
• Three Years: The share-price change (three-year price return) was approximately 53.13%. The three-year total return was approximately 56.92%.
To give you an idea of recent movement, the estimated price from roughly one year ago was $32.48. The current price is $37.94.
Income and distribution explanation
WCEO provides some cash distributions to investors, but they do not happen on a regular schedule. The distribution frequency is described as "irregular" or "less frequent," with only one payout recorded in the last 12 months. The distribution yield is approximately 0.56%.
It is important to remember that the distribution yield is not the same as total return. Total return includes both the change in the share price and any cash distributions received.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, looking at the price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Top Holdings
The following are the top holdings in the fund (note that this is a partial list):
• SEI: 2.24%
• Marathon Petroleum Corp: 1.77%
• International Seaways Inc: 1.73%
• Kinder Morgan Inc Class P: 1.64%
• Albertsons Companies Inc Class A: 1.36%
• Tootsie Roll Industries Inc: 1.34%
• Advanced Micro Devices Inc: 1.32%
• Clorox Co: 1.24%
• Clearfield Inc: 1.07%
• Arista Networks Inc: 1.04%
Please keep in mind that holdings can change over time.
Pros
• The fund has shown positive price returns over the one-year and three-year periods.
• The erosion-risk score suggests no significant price erosion has been detected.
Cons
• Distributions are irregular and less frequent, which may not suit investors looking for steady monthly income.
• The distribution yield is relatively low at approximately 0.56%.
Beginner takeaway
WCEO has shown significant share-price growth over the last three years. While it does pay distributions, they are not frequent. Investors should distinguish between the share-price return and the total return, which accounts for those distributions.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | n/a | SEI | 2.24% |
| 2 | MARATHON PETROLEUM CORP | MPC | 1.77% |
| 3 | INTERNATIONAL SEAWAYS INC | INSW | 1.73% |
| 4 | KINDER MORGAN INC CLASS P | KMI | 1.64% |
| 5 | ALBERTSONS COMPANIES INC CLASS A | ACI | 1.36% |
| 6 | TOOTSIE ROLL INDUSTRIES INC | TR | 1.34% |
| 7 | ADVANCED MICRO DEVICES INC | AMD | 1.32% |
| 8 | CLOROX CO | CLX | 1.24% |
| 9 | CLEARFIELD INC | CLFD | 1.07% |
| 10 | ARISTA NETWORKS INC | ANET | 1.04% |