Loading ETF profile…
WEEI is an actively managed fund that aims to invest in equity securities of North American energy companies. Stocks considered for the portfolio engage in the oil, gas, consumable fuels, or energy equipment and services. The funds advisor uses a bottom-up framework focusing on fundamental criteria such as cash flow and growth projections to select 20-25 stocks. Single stock covered call writing strategy is also employed, aiming to provide monthly income and capital appreciation. In addition, the strategy aims for 10-20% less volatility and beta than the S&P Energy Select Sector Index. The call options written are typically 1-month contracts, averaging 3-5% out-of-the-money, and sold on a monthly recurring basis.
| Symbol | Name | Weight | Market Value |
|---|---|---|---|
| XOM | EXXON MOBIL CORP | 22.70% | $18.79M |
| CVX | CHEVRON CORP | 13.55% | $11.21M |
| COP | CONOCOPHILLIPS | 5.70% | $4.71M |
| VLO | VALERO ENERGY | 5.60% | $4.63M |
| WMB | WILLIAMS COS INC | 5.22% | $4.32M |
| MPC | MARATHON PETROLE | 4.63% | $3.83M |
| SLB | SLB LTD | 4.61% | $3.81M |
| BKR | BAKER HUGHES CO | 4.30% | $3.55M |
| PSX | PHILLIPS 66 | 4.28% | $3.54M |
| KMI | KINDER MORGAN IN | 4.06% | $3.36M |
| TRGP | TARGA RESOURCES | 4.02% | $3.33M |
| EOG | EOG RESOURCES | 3.95% | $3.27M |
| OKE | ONEOK INC | 3.62% | $2.99M |
| DVN | DEVON ENERGY CO | 3.33% | $2.76M |
| HAL | HALLIBURTON CO | 2.22% | $1.84M |
| EQT | EQT CORP | 2.09% | $1.73M |
| FANG | DIAMONDBACK ENER | 2.05% | $1.70M |
| — | US DOLLARS | 1.89% | $1.57M |
| TPL | TEXAS PACIFIC LA | 1.50% | $1.24M |
| EXE | EXPAND ENERGY CO | 1.35% | $1.12M |
| OXY | OCCIDENTAL PETE | 1.00% | $829.13K |
| APA | APA CORP | 0.97% | $805.15K |
| — | OXY US 07/17/26 C62.5 | 0.00% | $-12 |
| — | COP US 07/17/26 C130 | 0.00% | $-24 |
| — | APA US 07/17/26 C42.5 | 0.00% | $-45 |