ISPY

ProShares S&P 500 High Income ETF

$45.19
+0.00%
Market closed. Last update: 11:41 PM ET

📎 Investment Objective

The ProShares S&P 500 High Income ETF (ISPY) seeks to provide investment results that, before fees and expenses, correspond to the performance of the S&P 500 High Dividend Index.

Overview

ETF tracking ProShares S&P 500 High Income ETF

Category Large Cap
Issuer ProShares
Inception Date 2023-12-20
Market Cap $996.0M
Average Volume N/A
Dividend Yield 7.93%
52-Week Range $37.13 - $46.49
VWAP $44.91

Performance

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Investment Summary

📎 Investment Objective

The ProShares S&P 500 High Income ETF (ISPY) seeks to provide investment results that, before fees and expenses, correspond to the performance of the S&P 500 High Dividend Index.

🎯 Investment Strategy

The fund invests in a portfolio of securities that seeks to track the S&P 500 High Dividend Index, which is designed to measure the performance of the 80 highest dividend-yielding companies in the S&P 500 Index.

✨ Key Features

  • Focuses on high-dividend-paying large-cap U.S. stocks
  • Seeks to provide exposure to the highest-yielding companies in the S&P 500
  • Passively managed to track the S&P 500 High Dividend Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific sector of the market
  • Dividend risk as high-yielding stocks may not maintain their dividend payments
  • Market risk as the fund's performance is tied to the overall stock market
  • Liquidity risk due to the potentially lower trading volume of some holdings

👤 Best For

This ETF may be suitable for investors seeking exposure to high-dividend-paying large-cap U.S. stocks as part of a diversified portfolio. It may be of particular interest to income-oriented investors, but the fund's performance can be volatile and it carries risks that should be carefully considered.