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

I have invested in dividends for over 10 years—These 5 dividend ETFs are now my ride-or-die portfolio core

For the past decade, exchange trade funds (ETF) that track major stock exchanges have done very well serving as wealth building platforms for millions of investors.

24/7 Wall Street • Oct 16, 2025

2 High-Yield Options Income ETFs to Buy With $2,000 and Hold Forever

Investors looking to generate income from their portfolio have myriad investment choices, ranging from simple, like buying dividend stocks, to more complex, like using options. If you don't like to complicate your life, you probably won't want to delve into options.

The Motley Fool • Oct 14, 2025

ISPY: Daily Calls Offering More Upside

ProShares S&P 500 High Income ETF offers a daily covered call strategy, providing potential for greater upside capture than peers with monthly covered calls. ISPY's lower expense ratio (0.55%) and monthly distributions make it an attractive option for income-focused investors seeking diversification in their portfolios. Compared to XYLD and SPYI, ISPY demonstrates more upside participation than XYLD but less nimbleness than actively managed SPYI, with a current yield near 10.4%.

Seeking Alpha • Sep 19, 2025

Retirees Are Snapping Up These 3 High-Dividend ProShares ETFs Aggressively

ETFs with a covered call yield boost component have become popular in recent years.

24/7 Wall Street • Jul 30, 2025

ISPY: Preserves Capital Better Than High-Yielding Peers

I am upgrading ISPY to a buy, as it has proven resilient and effective in generating high, tax-efficient income with capital preservation. ISPY writes calls on the S&P 500 index, not individual holdings, making it cost-efficient and allowing for some price growth alongside high monthly distributions. While ISPY underperforms pure S&P 500 ETFs and some higher-yielding option funds in total return, it offers better capital stability and less price decay.

Seeking Alpha • Jul 6, 2025