Key stats
About ProShares Trust ProShares S&P 500 High Income ETF
Expense ratio
0.55%
Home page
Inception date
Dec 18, 2023
ISPY aims to provide higher returns as compared to a monthly S&P 500 buy-write strategy. The fund invests in derivatives in order to replicate the performance return of long S&P 500 Index exposure combined with short daily call options. The long exposure consists of equity securities represented in the S&P 500 Index or index futures. The short side consists of out-of-the-money S&P 500 Index call options having one day to expiration when sold. The short call option position is reestablished at the end of each trading day. The fund does not sell daily call options, but instead obtains exposure to the short component of the Index through swap agreements. Monthly distributions are expected to reflect the dividend component of the Index plus option premium income. Due to the use of swaps, investors should note a significant portion of the monthly distribution will be characterized as return of capital and they assume counterparty risk.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks96.32%
Electronic Technology21.43%
Technology Services18.85%
Finance12.38%
Health Technology8.06%
Retail Trade7.66%
Consumer Non-Durables3.72%
Producer Manufacturing3.57%
Consumer Services2.93%
Commercial Services2.66%
Energy Minerals2.58%
Utilities2.37%
Consumer Durables2.27%
Health Services1.92%
Process Industries1.56%
Transportation1.46%
Industrial Services0.93%
Communications0.85%
Distribution Services0.63%
Non-Energy Minerals0.48%
Bonds, Cash & Other3.68%
Cash3.68%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history