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 |
| Index Tracked | S&P 500 Daily Covered Call Index |
| Distribution Policy | Distributing |
| Home Page | www.proshares.com |
| Asset Class | Alternatives |
Expense Ratio
ISPY has a high expense ratio of 0.55%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: ISPY vs. SPYI, ISPY vs. VOO, ISPY vs. SPY, ISPY vs. JEPI
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 | 4.87% | 6.17% |
| 1 month | -2.09% | -2.72% |
| 6 months | N/A | 17.29% |
| 1 year | N/A | 23.80% |
| 5 years (annualized) | N/A | 11.47% |
| 10 years (annualized) | N/A | 10.41% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.06% | 3.50% | 3.28% | -3.37% | ||||||||
| 2023 | 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 granted a 3.61% dividend yield in the last twelve months. The annual payout for that period amounted to $1.47 per share.
| Period | TTM |
|---|---|
| Dividend | $1.47 |
Dividend yield | 3.61% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.48 | $0.32 | $0.32 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 4.89%, occurring on Apr 19, 2024. The portfolio has not yet recovered.
The current ProShares S&P 500 High Income ETF drawdown is 2.92%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.89% | Apr 1, 2024 | 15 | Apr 19, 2024 | — | — | — |
| -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 |
| -1.45% | Jan 31, 2024 | 1 | Jan 31, 2024 | 2 | Feb 2, 2024 | 3 |
| -1.35% | Feb 13, 2024 | 1 | Feb 13, 2024 | 2 | Feb 15, 2024 | 3 |
Volatility
Volatility Chart
The current ProShares S&P 500 High Income ETF volatility is 3.97%, 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.