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| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | ▼ −0.4% | ▲ +1.2% | ▲ +3.6% | ▲ +11.9% | ▲ +11.9% | — | — | ▲ +39.3% |
| Peer average | ▲ +0.2% | ▲ +1.4% | ▲ +0.4% | ▲ +10.0% | ▲ +11.5% | ▲ +59.7% | ▲ +50.0% | — |
| S&P 500 · VOO | ▼ −0.4% | ▲ +0.9% | ▲ +3.3% | ▲ +13.8% | ▲ +13.3% | ▲ +88.8% | ▲ +81.9% | — |
TSPY marks the issuer's inaugural exchange-traded fund, established with the goal of democratizing access to more sophisticated investment methodologies. The fund's core strategy involves acquiring shares of the SPDR S&P 500 Index Trust (SPY) and systematically selling call options daily to generate revenue. These derivative contracts can be written against the underlying SPY shares, the broader S&P 500 index (SPX), or the Cboe Mini-SPX Index (XSP). While primarily utilizing zero-days-to-expiration (0DTE) contracts, the options' maturities may extend up to one week. The portfolio manager aims to produce daily income, which is then distributed to investors on a monthly basis. Prospective investors should be aware of the fund's significant portfolio turnover and note that all income disbursements will be taxed as ordinary income. The fund also maintains holdings in US Treasury securities to serve as collateral.
Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.
| Ex-date | Pay date | Per share |
|---|---|---|
| 2026-10-06 | 2026-10-07 | $0.30 |
| 2026-09-01 | 2026-09-02 | $0.30 |
| 2026-08-04 | 2026-08-05 | $0.30 |
| 2026-06-30 | 2026-07-01 | $0.30 |
| 2026-06-02 | 2026-06-03 | $0.30 |
| 2026-05-05 | 2026-05-06 | $0.29 |
| 2026-03-31 | 2026-04-01 | $0.28 |
| 2026-03-03 | 2026-03-04 | $0.30 |
| 2026-02-03 | 2026-02-04 | $0.30 |
| 2026-01-06 | 2026-01-07 | $0.30 |
| 2025-12-02 | 2025-12-03 | $0.30 |
| 2025-11-04 | 2025-11-05 | $0.30 |
Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.
Historical risk measures describe past behavior and do not predict future returns.
Hear the strategy from the people behind TSPY.