ProShares S&P 500 High Income ETF (ISPY)
| Assets | $570.85M |
| Expense Ratio | 0.55% |
| PE Ratio | 27.61 |
| Shares Out | 12.71M |
| Dividend (ttm) | $4.36 |
| Dividend Yield | 9.67% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Ratio | 267.02% |
| 1-Year Return | +11.57% |
| Volume | 240,175 |
| Open | 45.00 |
| Previous Close | 44.58 |
| Day's Range | 44.80 - 45.32 |
| 52-Week Low | 39.85 |
| 52-Week High | 46.83 |
| Beta | n/a |
| Holdings | 506 |
| Inception Date | Dec 18, 2023 |
About ISPY
Fund Home PageThe ProShares S&P 500 High Income ETF (ISPY) is an exchange-traded fund that is based on the S&P 500 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on the stocks of the S&P 500 Index. The fund seeks generate a high level of income combined with the performance returns of the S&P 500 Index over the long term. ISPY was launched on Dec 18, 2023 and is issued by ProShares.
Top 10 Holdings
133.50% of assets| Name | Symbol | Weight |
|---|---|---|
| S&P 500 DAILY COVERED CALL INDEX -CALL ONLY SWAP GOLDMAN SACHS INTERNATIONAL | n/a | 97.32% |
| Apple Inc. | AAPL | 6.63% |
| NVIDIA Corporation | NVDA | 6.44% |
| Microsoft Corporation | MSFT | 6.08% |
| Amazon.com, Inc. | AMZN | 4.03% |
| S&P500 EMINI FUT EQUITY INDEX 21/MAR/2025 ESH5 INDEX | n/a | 3.19% |
| S&P 500 DAILY COVERED CALL INDEX -CALL ONLY SWAP BNP PARIBAS | n/a | 2.81% |
| Meta Platforms, Inc. | META | 2.55% |
| Tesla, Inc. | TSLA | 2.27% |
| Alphabet Inc. | GOOGL | 2.18% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.21711 | Dec 31, 2024 |
| Dec 2, 2024 | $0.29868 | Dec 9, 2024 |
| Nov 1, 2024 | $0.37624 | Nov 8, 2024 |
| Oct 1, 2024 | $0.34054 | Oct 8, 2024 |
| Sep 3, 2024 | $0.6198 | Sep 10, 2024 |
| Aug 1, 2024 | $0.26703 | Aug 8, 2024 |
News
ISPY: An Income Play For A Volatile 2025
I rate ISPY as a Strong Buy due to anticipated 2025 volatility, which will increase option premiums and dividend distributions for income investors. The S&P 500 appears overvalued, with growth driven ...
ISPY: Outperforming The Buy-Write Crowd
ISPY employs a covered call strategy on the S&P 500, generating income through option premiums but capping upside potential in rising markets. The fund has a distinctive strategy by writing daily OTM ...
ISPY: Daily Covered Calls Provide Superior Upsides Compared To Monthly
ISPY's daily call options strategy offers superior upside potential compared to monthly options. Compared to other S&P 500 covered call funds, ISPY has one of the best balances of capital appreciation...
ISPY: A New Spin On Covered Call ETFs From ProShares Yielding Over 9%
ISPY's daily call option strategy has outperformed traditional monthly covered call ETFs, showing an 11.24% gain and a 19.81% ROI in 2024. ISPY invests 80% in S&P 500 companies and uses daily call opt...
ISPY: Daily Covered-Call Fund Outperforms In Rising Markets
The ProShares S&P 500 High Income ETF sells daily covered calls on the S&P 500 Index to generate high distribution yields for investors. ISPY has outperformed the more well-known JEPI ETF since its in...
ISPY Vs. JEPI For Large-Cap Exposure And Higher Income
ProShares S&P 500 High Income ETF (ISPY) offers enhanced income compared to SPDR S&P 500 ETF (SPY). That ETF is reviewed in detail. JPMorgan Equity Premium Income ETF (JEPI) would be considered a comp...
ISPY: S&P 500 With A Covered Call Overlay (Through Swaps)
ProShares S&P 500 High Income ETF uses covered call strategies to enhance yield and provide exposure to the S&P 500 Index. The ISPY fund has a yield of 3.46%, higher than the S&P 500 ETF's yield of 1....
ProShares Launches S&P 500 High Income ETF
BETHESDA, Md.--(BUSINESS WIRE)--ProShares launched the ProShares S&P 500 High Income ETF (CBOE: ISPY), the first ETF powered by a daily call options strategy.