ProShares S&P 500 High Income ETFISPY
ISPY
0
Funds holding %
of 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
250% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 12
200% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 3 (+2) [Q1 2025]
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
42% more capital invested
Capital invested by funds: $331M [Q4 2024] → $471M (+$140M) [Q1 2025]
8% more funds holding
Funds holding: 73 [Q4 2024] → 79 (+6) [Q1 2025]
3.51% less ownership
Funds ownership: 67.32% [Q4 2024] → 63.81% (-3.51%) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for ISPY.
Financial journalist opinion
Positive
Seeking Alpha
3 weeks ago
ISPY: Preserves Capital Better Than High-Yielding Peers
I am upgrading ISPY to a buy, as it has proven resilient and effective in generating high, tax-efficient income with capital preservation. ISPY writes calls on the S&P 500 index, not individual holdings, making it cost-efficient and allowing for some price growth alongside high monthly distributions. While ISPY underperforms pure S&P 500 ETFs and some higher-yielding option funds in total return, it offers better capital stability and less price decay.
Negative
Seeking Alpha
2 months ago
ISPY: Daily Call Selling Hurt In April, Better Situation Today
The VIX spiked above 60 during early-April tariff turmoil, creating an ideal time for selling premium and buying S&P 500 call options for risk-seeking investors. Despite high volatility, ISPY underperformed SPY due to a strong rally post-April 7 market low, losing more than four points in alpha since then. ISPY, with a high 11.7% trailing 12-month yield from daily call options, is recommended as a buy, anticipating equity market consolidation and benefiting from covered call strategies.
Positive
24/7 Wall Street
2 months ago
5 Top Yielding ETFs To Buy in May
Consider diversifying your current portfolio with higher-yielding exchange-traded funds (ETFs).
Positive
Seeking Alpha
5 months ago
TSPY Vs. ISPY: Advantages Of Active Management In Options Trading
Selling 0 days-to-expiry (0DTE) covered calls offers high income and upside potential with less downside protection compared to monthly covered call funds. TSPY's active management approach generated consistent distributions yielding 14% while outperforming both ISPY and the S&P 500 in total returns. ISPY's passive, formulaic strategy provides predictable returns but suffers from volatile distributions, making TSPY a potential superior alternative if performance continues.
Positive
MarketBeat
6 months ago
2 ETFs to Maximize Gains With Covered Call Strategies
A potentially fruitful stock options strategy known as writing covered calls can be performed on stocks you own to collect additional income during every options expiration period. It can be lucrative to compound the gains.
Negative
Seeking Alpha
6 months ago
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 by mega large-caps like Nvidia struggling to meet lofty expectations, suggesting limited room for further growth. Trump's unpredictable policies and fewer Fed rate cuts are expected to elevate market volatility, benefiting funds like ISPY that capitalize on such conditions.
Positive
Seeking Alpha
8 months ago
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 calls, instead of monthly ATM calls like most other covered call funds. The fund has been outperforming other competing covered call ETFs.
Positive
Seeking Alpha
9 months ago
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 and yields with tax-efficient distributions and reasonable management expenses. Despite minimal downside protection and third-party risk, ISPY's predictable performance and sustainable distributions make it potentially the best S&P 500 covered call fund on the market.
Positive
Seeking Alpha
9 months ago
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 options, generating high income and closely mimicking market returns. Despite market risks, ISPY's strategy offers high-single digit yields, making it an attractive option for income-focused investors.
Positive
Seeking Alpha
11 months ago
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 inception, as its use of daily call options effectively resets its performance cap daily, allowing ISPY to capture more upside. However, by the same token, the ISPY ETF should underperform in down markets, as it receives less option premium to cushion drawdowns.
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