Defiance S&P 500 Target Income ETF (SPYT)
| Assets | $111.40M |
| Expense Ratio | 0.94% |
| PE Ratio | 26.43 |
| Shares Out | 5.75M |
| Dividend (ttm) | $3.65 |
| Dividend Yield | 19.14% |
| Ex-Dividend Date | Feb 3, 2025 |
| Payout Ratio | 505.85% |
| 1-Year Return | n/a |
| Volume | 155,074 |
| Open | 19.40 |
| Previous Close | 19.36 |
| Day's Range | 19.05 - 19.40 |
| 52-Week Low | 18.28 |
| 52-Week High | 20.77 |
| Beta | n/a |
| Holdings | 6 |
| Inception Date | Mar 7, 2024 |
About SPYT
Fund Home PageThe Defiance S&P 500 Target Income ETF (SPYT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds seeking to provide current income through option premiums from daily S&P 500 call spreads. The secondary objective of the fund is to seek exposure to the indexs performance. SPYT was launched on Mar 7, 2024 and is issued by Defiance.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 3, 2025 | $0.3272 | Feb 4, 2025 |
| Dec 31, 2024 | $0.3284 | Jan 3, 2025 |
| Dec 2, 2024 | $0.3356 | Dec 4, 2024 |
| Nov 1, 2024 | $0.3324 | Nov 4, 2024 |
| Oct 1, 2024 | $0.3338 | Oct 3, 2024 |
| Sep 3, 2024 | $0.3333 | Sep 5, 2024 |
News
Undercovered ETFs: Growth, Income, TIPS, Poland +
The 'Undercovered' Dozen series highlights 12 lesser-known ETFs offering potential investment opportunities for investors. Kurtis Hemmerling shares a bearish take on iShares Russell Top 200 Growth ETF...
SPYT: Generating Income From S&P 500 Exposure
SPYT is an ETF that mimics the S&P 500's daily price while generating income through ATM options. The fund aims to provide a 20% annual dividend yield. The fund's ATM option strategy caps upside poten...
SPYT: When NAV Erosion Undermines An Essentially Sound Options Strategy
The Defiance S&P 500 Target Income ETF (SPYT) offers monthly income and downside protection but caps upside potential, making it ill-suited to bullish markets. The ETF's strategy involves selling call...
XDTE Vs. SPYT, Which 0DTE ETF To Pick?
SPYT and XDTE ETFs both write 0DTE calls on the S&P 500, but SPYT uses call spreads, while XDTE uses slightly OTM calls. XDTE has outperformed SPYT since March 2024, delivering superior total returns ...
Defiance ETFs Announces Monthly Distributions on $QQQY (105.45%), $JEPY (72.04%), $IWMY (110.96%), $SPYT (20.12%), $USOY (75.17%), and $QQQT (20.06%)
Defiance ETFs Announces Monthly Distributions on $QQQY (105.45%), $JEPY (72.04%), $IWMY (110.96%), $SPYT (20.12%), $USOY (75.17%), and $QQQT (20.06%).
Defiance ETFs Announces Monthly Distributions on $QQQY (52.55%), $JEPY (33.76%), $IWMY (57.99%), $TRES (10.58%), $SPYT (20.00%), $USOY (75.00%), and QQQT (––).
MIAMI, June 28, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF,...
Defiance Launches SPYT, the S&P 500 Income Target ETF. Seeks 20% annual yield.
MIAMI, March 07, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading provider of options income exchange-traded funds, is excited to announce the launch of SPYT. SPYT's pioneering strategy aims to achie...