ProShares S&P 500 High Income ETF (ISPY)
The ETF aims to track the S&P 500 Daily Covered Call Index to generate income, while the ISPY ETF utilizes swap agreements for exposure to daily call options without directly trading options.
ETF Info
| CUSIP | 74347G242 |
|---|---|
| Issuer | ProShares |
| Inception Date | Dec 18, 2023 |
| Category | Derivative Income |
| Leveraged | 1x |
| Index Tracked | S&P 500 Daily Covered Call Index |
| Distribution Policy | Distributing |
| Home Page | www.proshares.com |
| Asset Class | Alternatives |
Expense Ratio
ISPY features an expense ratio of 0.55%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares S&P 500 High Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 23.21% | 25.48% |
| 1 month | 1.26% | 2.14% |
| 6 months | 12.50% | 12.76% |
| 1 year | N/A | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of ISPY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.06% | 3.50% | 3.28% | -3.37% | 4.34% | 3.26% | 0.90% | 2.61% | 2.61% | -0.74% | 23.21% | ||
| 2023 | 1.65% | 1.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares S&P 500 High Income ETF (ISPY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
ProShares S&P 500 High Income ETF provided a 8.44% dividend yield over the last twelve months, with an annual payout of $3.84 per share.
| Period | TTM |
|---|---|
| Dividend | $3.84 |
Dividend yield | 8.44% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares S&P 500 High Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.48 | $0.32 | $0.32 | $0.36 | $0.31 | $0.45 | $0.27 | $0.62 | $0.34 | $0.38 | $3.84 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares S&P 500 High Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares S&P 500 High Income ETF was 7.88%, occurring on Aug 5, 2024. Recovery took 29 trading sessions.
The current ProShares S&P 500 High Income ETF drawdown is 0.26%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.88% | Jul 17, 2024 | 14 | Aug 5, 2024 | 29 | Sep 16, 2024 | 43 |
| -4.89% | Apr 1, 2024 | 15 | Apr 19, 2024 | 15 | May 10, 2024 | 30 |
| -2.75% | Oct 21, 2024 | 11 | Nov 4, 2024 | 2 | Nov 6, 2024 | 13 |
| -2.07% | Dec 29, 2023 | 4 | Jan 4, 2024 | 10 | Jan 19, 2024 | 14 |
| -1.46% | Mar 5, 2024 | 1 | Mar 5, 2024 | 2 | Mar 7, 2024 | 3 |
Volatility
Volatility Chart
The current ProShares S&P 500 High Income ETF volatility is 3.24%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.