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1D
1W
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6M
YTD
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ALL
AUM
$1.25B
P/E ratio
24.3
Dividend yield
4.446%
Expense ratio
0.56%
Beta
0.90927
Previous close
$47.99
Today's open
$47.57
Day's range
$47.46 - $47.81
52 week range
$42.10 - $49.08
show more
Headquarters
US
Exchange
CBOE Global Markets BZX
Issue type
Exchange-Traded Fund
Equities
Multi Alternative
Covered Call ETFs Have Boomed – But Can They Be More?
Investors have plenty of reasons to celebrate the covered call ETF boom. Covered call strategies have offered new ways to add income to portfolios.
ETF Trends • Jun 18, 2026

How These ETFs Offer Current Income Without Sacrificing Performance
At a time when the cost of living is rising and market volatility appears to be rising, too, investors may be looking for current income to bolster their portfolios. Current income can especially help investors at or near retirement to adapt to retired life.
ETF Trends • Jun 11, 2026

Solving the Covered Call Conundrum With Daily Options
In a recent ProShares webcast, Global Investment Strategist Simeon Hyman and Director of Investment Strategy Kieran Kirwan zeroed in on a persistent frustration for income-focused investors: why traditional covered call strategies tend to fall behind when markets rebound.
ETF Trends • Apr 17, 2026

GPIX Vs. ISPY: Why Goldman's Dynamic Strategy Beats 0DTE On Total Return
In this article, you will find the answer to the question: can ISPY be considered a worthy replacement for GPIX? A comparative analysis of these ETFs reveals the advantages of Goldman Sachs' strategy, which is reflected in a higher Total Return. While GPIX possesses a higher upside ceiling, like ISPY, its performance ultimately depends on the accuracy of the portfolio managers' decisions.
Seeking Alpha • Feb 19, 2026

These Income ETFs Can Meet — & Exceed — Retiree Needs
Market watchers and advisors have sounded the alarm about a huge wave of Baby Boomer retirements for years. With those individuals now reaching retirement age en masse, however, many are finding themselves without the financial assets they had expected.
ETF Trends • Dec 22, 2025

ISPY: Can Be An Efficient Hedge Against Slower Market Growth
ProShares S&P 500 High Income ETF is rated a buy, best used as a defensive hedge in flat or choppy markets. ISPY offers an 8.3% starting yield via an OTM option-writing strategy, but total return upside is capped in strong bull markets. The fund's distributions are variable and largely tax-efficient, with 93% funded by return of capital year-to-date.
Seeking Alpha • Dec 4, 2025

ISPY: A Balanced Daily Covered Call ETF, Not A Breakout Winner
ProShares S&P 500 High Income ETF (ISPY) employs a daily 1DTE covered call strategy on an S&P 500-replicating portfolio. ISPY offers a low 0.56% expense ratio, balancing daily option writing costs and supporting long-term capital appreciation. ISPY's lower yield (~8.5% TTM) reduces structural NAV erosion risk compared to higher-yielding peers like XDTE.
Seeking Alpha • Dec 4, 2025

3 Reasons to Add Income to Portfolios Now
Looking at your portfolio and feeling a distinct lack of income? Whether those just starting out or those close to retirement, investors of all types can benefit from a little more income coming from their investments.
ETF Trends • Nov 20, 2025

Tax-Loss Harvesting? Get More From Current Income in Daily Covered Call ETFs
As 2025 draws to a close, investors and advisors will be considering their tax-loss harvesting opportunities. By selling some investments at a loss, those investors can reduce their overall tax bills next year.
ETF Trends • Nov 11, 2025

What Makes a Good Covered Call Strategy
Covered call strategies have become a very popular fund type in recent years. By leaning on the options market, covered call funds offer high levels of income but can limit upside.
ETF Trends • Nov 5, 2025

¹ Disclosures

Open an M1 investment account to buy and sell ProShares S&P 500 High Income ETF commission-free¹. Build wealth for the long term using automated trading and transfers.