WSENA

Senate — Elections, inside six months — the basket

SlateExperimentalStanding

The real markets behind this index, across every venue that lists them, tracked as one spread. Instead of reading a single contract, you read the theme — which is what a multi-week position is actually exposed to. Each holding links straight to its venue; W.E.T. never handles orders, you trade at the exchange.

Basket level · official print69 held · close 2026-09-08
1015.97+1.60%since inception · base 1000

hypothetical · mid marks · before fees, spread and slippage

Basket performance

hypothetical · mid marks · before fees, spread and slippage
Basket total return
1015.97
Since inception
+1.60%
Cost to cross
Holdings marked
31.9% of 69
1 day
+0.56%
7 day
+0.81%
Markets held
69
Settled
0
Rebalanced out
0
Hit rate
Cash
49.2%
Inception
2026-08-25
Weighting
Equal notional
Marks
Two-sided mid
Days tracked
12

Equal notional from each holding’s inception mark, re-marked at the two-sided mid. Percentages only, size-blind — never a cash figure and never a performance claim.

Cost to cross is the weighted half-spread at the touch on the newest mark tape: what entering at the quote rather than the midpoint would have cost. It is the price of the FIRST unit and says nothing about the tenth — the resting size beside each holding is published so a reader can judge whether their own size fits. It is not deducted from any return above.

A published measurement of what these markets did together. Not an account, not directly investable; W.E.T. never handles orders.

Holdings · 69 markets

held since 2026-08-25 · the reading above is computed over today's roster, which differs
MarketNowReturn
  • Will the Democratic Party control the Senate after the 2026 Midterm elections?polymarket · YES · entry 50c53c+6.1%
  • 2026 Balance of Power: D Senate, D Housepolymarket · YES · entry 48c1.0¢ spread · 55.6k/62.5k within 5¢52c+8.4%
  • 2026 Balance of Power: R Senate, R Housepolymarket · YES · entry 12c13c+8.7%
  • Will the Republican Party control the Senate after the 2026 Midterm elections?polymarket · YES · entry 50c1.0¢ spread · 27.8k/94.7k within 5¢49c−2.0%
  • 2026 Balance of Power: R Senate, D Housepolymarket · YES · entry 39c36c−7.8%
  • Will an independent win the Nebraska Senate race in 2026?polymarket · YES · entry 31c5 sessions stale30c−3.3%
  • Republicans win Trifecta with Senate Supermajority in midterms?polymarket · YES · entry 3c1.5¢ spread · 24.3k/3.4k within 5¢2c−28.3%
  • Will the Republicans win the Nebraska Senate race in 2026?polymarket · YES · entry 70c5 sessions stale69c−0.7%
  • Which party will win the U.S. Senate? — Republican Partygemini · YES · entry 52c2 sessions stale52c0.0%
  • Montana US Senate Winner — Kurt Almegemini · YES · entry 91c2 sessions stale91c0.0%
  • Will Mary Peltola win the Alaska Senate race in 2026?polymarket · YES · entry 61c1.0¢ spread · 16.5k/8.5k within 5¢64c+4.1%
  • Georgia US Senate Winner — Mike Collinsgemini · YES · entry 9c2 sessions stale8c−11.8%
  • Which party will win the U.S. Senate? — Democratic Partygemini · YES · entry 49c2 sessions stale49c0.0%
  • Georgia US Senate Winner — Jon Ossoffgemini · YES · entry 92c2 sessions stale94c+2.2%
  • Michigan US Senate Winner — Abdul El-Sayedgemini · YES · entry 57c2 sessions stale63c+8.7%
  • Montana US Senate Winner — Kyle Austingemini · YES · entry 3c2 sessions stale3c0.0%
  • Michigan US Senate Winner — Mike Rogersgemini · YES · entry 40c2 sessions stale38c−5.1%
  • Will Chuck Schumer be the next Senate Majority Leader?polymarket · YES · entry 40c34c−13.9%
  • Minnesota US Senate Winner — Michele Tafoyagemini · YES · entry 11c2 sessions stale8c−23.8%
  • Texas US Senate Winner — Ken Paxtongemini · YES · entry 52c53c+1.0%
  • Will the New Mexico 2026 Senate race be within 5%?polymarket · YES · entry 12c12c0.0%
  • Alaska US Senate Winner — Dan Sullivangemini · YES · entry 49c2 sessions stale36c−26.8%
  • Alaska US Senate Winner — Mary Peltolagemini · YES · entry 62c2 sessions stale65c+4.0%
  • Montana US Senate Winner — Seth Bodnargemini · YES · entry 10c2 sessions stale10c0.0%
  • Will John Thune be the next Senate Majority Leader?polymarket · YES · entry 43c45c+3.5%
  • Will Brian Schatz be the next Senate Majority Leader?polymarket · YES · entry 5c5c+2.0%
  • New Jersey US Senate Winner — Justin Murphygemini · YES · entry 2c2 sessions stale3c+25.0%
  • South Dakota US Senate Winner — Julian Beaudiongemini · YES · entry 3c2 sessions stale3c0.0%
  • North Carolina US Senate Winner — Michael Whatleygemini · YES · entry 9c2 sessions stale10c+11.8%
  • Kentucky US Senate Winner — Charles Bookergemini · YES · entry 6c2 sessions stale6c0.0%
  • Will Dan Sullivan win the Alaska Senate race in 2026?polymarket · YES · entry 39c37c−3.9%
  • Will the Montana 2026 Senate race be within 5%?polymarket · YES · entry 5c10c+127.8%
  • Will the Texas 2026 Senate race be within 5%?polymarket · YES · entry 84c80c−5.4%
  • Will the Iowa 2026 Senate race be within 5%?polymarket · YES · entry 68c63c−7.4%
  • Will the Colorado 2026 Senate race be within 5%?polymarket · YES · entry 2c4c+81.2%
  • Arkansas US Senate Winner — Hallie Shoffnergemini · YES · entry 5c2 sessions stale5c0.0%
  • Massachusetts US Senate Winner — John Deatongemini · YES · entry 5c2 sessions stale5c0.0%
  • Oregon US Senate Winner — Jeff Merkleygemini · YES · entry 98c99c+0.5%
  • Texas US Senate Winner — James Talaricogemini · YES · entry 50c50c0.0%
  • Will the Minnesota 2026 Senate race be within 5%?polymarket · YES · entry 6c24c+336.4%
  • Will the Ohio Special 2026 Senate race be within 5%?polymarket · YES · entry 66c58c−12.1%
  • Idaho US Senate Winner — David Rothgemini · YES · entry 3c2 sessions stale3c0.0%
  • North Carolina US Senate Winner — Shannon Braygemini · YES · entry 5c7 sessions stale6c+20.0%
  • Massachusetts US Senate Winner — Joseph Tachegemini · YES · entry 5c8 sessions stale6c+22.2%
  • Will Tom Cotton be the next Senate Majority Leader?polymarket · YES · entry 3c3c0.0%
  • Minnesota US Senate Winner — Peggy Flanagangemini · YES · entry 91c2 sessions stale93c+2.2%
  • Illinois US Senate Winner — Don Tracygemini · YES · entry 3c2 sessions stale4c+16.7%
  • Louisiana US Senate Winner — Jamie Davisgemini · YES · entry 7c2 sessions stale8c+7.1%
  • Mississippi US Senate Winner — Cindy Hyde-Smithgemini · YES · entry 93c2 sessions stale94c+0.5%
  • Mississippi US Senate Winner — Scott Colomgemini · YES · entry 9c2 sessions stale6c−29.4%

Showing the 50 heaviest of 69 constituents by weight.

All markets resolve YES · 5 of 69

a computed statistic about this watchlist — not an instrument, not offered anywhere

The chance that every one of these markets resolves YES. It is the mathematical opposite of the basket above: the basket is a weighted mean, where one loss doesn't zero it; this is a product, where every market must land. Same markets, opposite risk shape — which is the whole reason to show them together.

The markets shown are this index's most likely holdings, added while the joint probability stays above 1%. Ranking by portfolio weight instead would be arbitrary here, since equal-notional weights are near-identical by design.

If independent
89.01%
Π of the individual probabilities
True range · any correlation
88.597.5%
Fréchet–Hoeffding bounds · 9.0pp wide
YESOregon US Senate Winner — Jeff Merkley99%
YESNew Mexico US Senate Winner — Ben Ray Lujan98%
YESNew Jersey US Senate Winner — Cory Booker98%
YESIdaho US Senate Winner — Jim Risch98%
YESIllinois US Senate Winner — Juliana Stratton98%

Multiplying probabilities assumes the markets are independent — which is precisely wrong for markets grouped by a shared theme, since correlation is why they sit in one index. The range is therefore the honest answer: the true joint probability sits inside it under any correlation structure, with no covariance estimate required.

This is a statistic, not a product. W.E.T. does not offer, quote, accept or route a combined position in these markets, and no venue is quoting one here — the figures are computed by W.E.T. from individual market prices. Each market above trades on its own venue, individually, at the links in the holdings table. Data, not advice.

How to read this

The basket holds equal notional in each market from its inception mark, so every holding counts equally in return terms rather than the biggest contract dominating. The level is that combined position, re-marked daily at the two-sided mid and rebased to 1000. Settled markets convert to cash at their payoff and wait for the next monthly review.

This is a published benchmark, not an account and not a product: the index is not directly investable. Marks are mid quotes before fees, spread and slippage, and no capacity limit is assumed — a real position would differ. W.E.T. is not an exchange and never handles orders. Data, not advice. Full methodology.