ISPY - ETF AI Analysis
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ProShares S&P 500 High Income ETF (ISPY)
Rating:62Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Results
The fund has delivered solid gains so far this year, showing that its strategy has recently worked well for investors.
Leading Tech and AI Exposure
Major positions in well-known technology and chip companies with strong recent performance have helped drive the ETF’s returns.
Large and Growing Asset Base
The fund manages over a billion dollars in assets, suggesting it has attracted meaningful investor interest and offers good liquidity.
Negative Factors
Heavy Concentration in Technology
With a large share of assets in the tech sector, the fund could be hit hard if technology stocks fall out of favor.
Top Holdings Are Highly Concentrated
A small group of big-name stocks makes up a significant portion of the portfolio, increasing the impact if any of them perform poorly.
Moderately High Expense Ratio
The fund’s fees are on the higher side for an ETF, which can slightly reduce investors’ net returns over time.
ISPY vs. SPDR S&P 500 ETF (SPY)
AUM1.18B
RegionNorth America
Expense Ratio0.56%
Beta0.90
IssuerProShares
Inception DateDec 18, 2023
Dividend Yield5.18%
Asset ClassEquity
Index TrackedS&P 500 Daily Covered Call Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume167,318
30 Day Avg. Volume92,753
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
56.43Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering504
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ISPY Summary
The ProShares S&P 500 High Income ETF (ISPY) follows the S&P 500 Daily Covered Call Index, focusing on large U.S. companies that aim to generate higher income from their stocks. It mainly holds big, well-known names like Apple and Nvidia, with a strong tilt toward technology and other major sectors of the U.S. market. Someone might consider investing in ISPY if they want stock market exposure plus the potential for steady income from dividends and option strategies. A key risk is that it is heavily tied to large U.S. stocks, especially tech, so its price can rise and fall sharply with that part of the market.
How much will it cost me?The ProShares S&P 500 High Income ETF (ISPY) has an expense ratio of 0.55%, meaning you’ll pay $5.50 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, focusing on high-income stocks and using a covered call strategy to enhance returns.
What would affect this ETF?The ISPY ETF, heavily focused on large-cap U.S. stocks and sectors like Technology and Financials, could benefit from continued innovation in tech and stable economic growth, which may support corporate earnings and dividend payouts. However, rising interest rates or regulatory changes in the tech sector could negatively impact its top holdings like Nvidia, Apple, and Microsoft, while broader economic uncertainty may affect consumer spending and financial stability. Investors should consider these factors when evaluating the ETF's future performance.
ISPY Top 10 Holdings
ISPY’s story is all about U.S. Big Tech powering a high-income strategy. Microsoft is the clear engine right now, rising on the back of strong cloud and AI momentum, while Nvidia and Amazon are also adding fuel despite some recent bumps. Apple looks a bit tired, losing steam in the short term even as its longer-term trend stays constructive. Alphabet’s performance has been mixed, and Meta has been lagging, acting as a small drag. Overall, the fund is heavily tilted toward U.S. tech giants, with the rest of the S&P 500 playing more of a supporting role.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 12.78% | $150.24M | ― | ― | ― | |
| Nvidia | 6.90% | $81.18M | $5.52T | 26.03% | 76 Outperform | |
| Apple | 6.23% | $73.23M | $4.96T | 30.77% | 79 Outperform | |
| Microsoft | 4.70% | $55.23M | $3.70T | -2.64% | 79 Outperform | |
| Amazon | 3.11% | $36.56M | $2.75T | 14.32% | 71 Outperform | |
| Alphabet Class A | 2.55% | $30.01M | $4.27T | 39.29% | 85 Outperform | |
| Meta Platforms | 2.18% | $25.61M | $1.88T | 3.83% | 76 Outperform | |
| Broadcom | 2.12% | $24.90M | $1.74T | 4.24% | 76 Outperform | |
| Alphabet Class C | 2.05% | $24.07M | $4.27T | 37.49% | 82 Outperform | |
| Micron | 1.55% | $18.23M | $1.24T | 588.98% | 79 Outperform |
ISPY Technical Analysis
Positive
―
Price Trends
48.00
Positive
47.61
Positive
45.72
Positive
Market Momentum
0.03
Negative
53.87
Neutral
69.99
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ISPY, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 48.12, equal to the 50-day MA of 48.00, and equal to the 200-day MA of 45.72, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 53.87 is Neutral, neither overbought nor oversold. The STOCH value of 69.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ISPY.
ISPY Peer Comparison
Comparison Results
Performance Comparison
ISPY
ProShares S&P 500 High Income ETF
48.35
5.81
13.66%
PRF
Invesco FTSE RAFI US 1000 ETF
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RWL
Invesco S&P 500 Revenue ETF
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JQUA
JPMorgan U.S. Quality Factor ETF
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TCAF
T. Rowe Price Capital Appreciation Equity ETF
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VONE
Vanguard Russell 1000 ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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