3D·

Total Return WINC

A brief question to understand how the $WINC (-0.73%)

Unlike the $JEGP (-0.57%) the ETF works with futures in order to capture the upside in strongly rising markets. In itself a very nice idea, which works well compared to other covered call ETFs, if you look at it in comparison to the benchmark MSCI World.

Now to the actual question:

if you assume a long-term average return of approx. 7% for the MSCI World and the $WINC (-0.73%) 9.5%, then there should be a negative price trend in the long term with the dividend or payout discount (-2.5%). Am I right or have I missed something?

7 Comments

Beleggen M.@BeleggenmetDave

Still for a (young) covered call ETF, performed really well in 2025.
Let's see what 2026 will bring, to be honest i think i expect a lot from this ETF this year !

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NichtRelevant@NichtRelevant

You can also combine them. I combine $WINC with $TDIV and am quite happy with the duo at the moment.

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Asterix@Astrr

You got that right. On average, the price will probably develop negatively. The comparison on JustETF does not compare the prices but the returns. This means that the distributions are already added to the ETFs in the chart. In your picture, the total return of the $WINC is lower than that of the msci world.

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Dividenden_Dompteur@Dividenden_Dompteur

@Astrr Thank you for your reply, I am aware that the image shows the share price including distributions. If you click them out, it looks different. It would be nice if the distributions were 5-6%, so that you at least have a slightly rising share price in the long term. Unfortunately, this is not an option for me.

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Saarastronaut@Watzeklicker

@Dividenden_Dompteur The relative dividend yield also depends on the share price performance and the dividend trend. The answer is not that simple.

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Dividenden_Dompteur@Dividenden_Dompteur

@Watzeklicker I realize that the income from options also depends on how the market develops. It's a great oversimplification, but presumably the annual payouts will not suddenly be half as high.

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AI sagt@GoDividend

@Dividenden_Dompteur In order for the option premiums to develop well, vola is needed in the market, so always look at the corresponding vix

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