SPYT

📎 Investment Objective

The Defiance S&P 500 Income Target ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the S&P 500 Index, while also generating a high level of current income.

✨ Key Features

• Seeks to provide exposure to the large-cap U.S. equity market with a focus on income generation
• Utilizes an optimization strategy to construct a portfolio with higher dividend yields compared to the broader S&P 500 Index
• Passively managed to track the performance of the S&P 500 Index, before fees and expenses
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The value of the fund's holdings may decline due to general market conditions or other factors
• Dividend risk: There is no guarantee that the companies held in the portfolio will continue to pay dividends or that the dividends will grow
• Tracking error risk: The fund may not perfectly track the performance of the S&P 500 Index due to various factors
• Concentration risk: The fund's focus on income generation may result in a more concentrated portfolio compared to a broader market index fund

👤 Best For

This ETF may be suitable for investors seeking exposure to the large-cap U.S. equity market with a focus on generating a high level of current income. It may be particularly appealing to investors in or near retirement who are looking for a source of regular dividend payments. However, investors should be aware of the risks associated with the fund's income-oriented strategy.