BSEP vs WEEL
Innovator U.S. Equity Buffer ETF - September vs Peerless Option Income Wheel ETF
Which is better, BSEP or WEEL?
BSEP has been ahead.
BSEP has a lower expense ratio. BSEP led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BSEP | WEEL |
|---|---|---|
| Expense Ratio | 0.79%Best | 0.99% |
| AUM | $470M | $49M |
| Dividend Yield | 0.00% | 12.87% |
| Holdings | 1,520 | 41 |
| YTD Return | +10.32%Best | +7.30% |
| 1Y Return | +13.43%Best | +11.19% |
| 3Y Return (annualized) | +16.86% | - |
| 5Y Return (annualized) | +11.29% | - |
| Volatility (annualized) | 7.4%Tie | 7.4%Tie |
| Max Drawdown | -13.4%Best | -17.4% |
| $10,000 over 2.4 years | $13,632Best | $13,070 |
| Fund Family | Innovator ETFs Trust | Peerless ETFs |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Aug 30, 2019 | May 16, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 16, 2024 to Oct 14, 2026 (2.4 years).
BSEP vs WEEL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.4 years both funds cover.
BSEP vs WEEL Performance
Innovator U.S. Equity Buffer ETF - September (BSEP) is an ETF from Innovator ETFs Trust and Peerless Option Income Wheel ETF (WEEL) is an ETF from Peerless ETFs. Over the past year BSEP returned +13.43% while WEEL returned +11.19%. Year to date, BSEP is up 10.32% versus a gain of 7.30% for WEEL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BSEP and WEEL have been equally volatile, both at 7.4% annualized.
The deepest peak-to-trough decline in our data was -13.4% for BSEP and -17.4% for WEEL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BSEP charges 0.79% per year while WEEL charges 0.99%. On a $10,000 position that is $79 vs $99 annually, a gap of $20 per year that compounds over a long holding period. On income, BSEP currently yields 0.00% against 12.87% for WEEL.
Holdings Overlap
We hold position weights for 494 holdings in BSEP and 13 in WEEL, totalling 98.2% and 61.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 494 positions we hold weights for in BSEP and 13 in WEEL, against full books of 1,520 and 41.
You are not choosing between two funds in isolation.
Whichever of BSEP and WEEL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BSEP or WEEL?
BSEP has an expense ratio of 0.79% while WEEL charges 0.99%. BSEP is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, BSEP or WEEL?
Over the past year BSEP returned +13.43% vs +11.19% for WEEL, so BSEP leads on 1-year performance. Over the longest common window we track (2 years), BSEP annualized +13.78% vs +11.80% for WEEL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSEP or WEEL?
BSEP and WEEL have been equally volatile, both at 7.4% annualized. Worst drawdown: BSEP -13.4% vs WEEL -17.4%.
Should I hold both BSEP and WEEL?
BSEP and WEEL have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BSEP or WEEL?
BSEP yields 0.00% while WEEL yields 12.87%, so WEEL currently pays the higher dividend yield.
Is WEEL better than BSEP?
BSEP has a lower expense ratio. BSEP led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.