Westwood Salient Enhanced Energy Income ETF yields 11.16% using covered call strategy on energy stocks.

The Westwood Salient Enhanced Energy Income ETF (WEEI) offers an 11.16% yield by employing a covered call-writing strategy on North American energy equities. While it may underperform pure equity energy ETFs during strong bull markets due to sacrificing capital gains, it excels in flat or declining markets by benefiting from option premiums. With a 14.13% allocation to refiners, WEEI is positioned to gain from higher refinery profits amid diesel shortages. This strategy suits investors seeking income with moderate risk in the energy sector.

XLE, a key energy sector ETF, trades at USD 62.18 on Pluang as of Oct 02, 2026 15:11 WIB. It has seen a 0.83% decline in one day, with a market cap of $39.47 billion. The typical hold time on Pluang is 66 days, and current order activity favors selling at 80%.