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1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$152055900
P/E ratio
27.2
Dividend yield
13.5748%
Expense ratio
0.77%
Beta
1.037233
Previous close
$25.65
Today's open
$25.66
Day's range
$25.32 - $25.68
52 week range
$20.02 - $26.67
show more
Headquarters
US
Exchange
NASDAQ Global Market
Issue type
Exchange-Traded Fund
Equities
Multi Alternative
99.42%
TSPY: A Possible River Of Income
TappAlpha SPY Growth and Daily Income ETF offers a compelling 13.68% trailing 12-month yield with relatively stable monthly distributions. TSPY's same-day S&P 500 options strategy differentiates it from QYLD, aiming to limit risk and support capital appreciation alongside income. Despite a higher 0.77% expense ratio, TSPY's 1-year tracking error is a low 3.21%, outperforming QYLD on price return over the past year.
Seeking Alpha • Dec 9, 2025

3 Under-the-Radar Monthly Dividend ETFs
Monthly dividend stocks are becoming increasingly popular, especially those that amplify their yields using options.
24/7 Wall Street • Nov 11, 2025

This Is How I Earn $2,000 A Month From Covered Call ETFs
Covered call ETFs play an increasingly vital role for income investors. While they have inherent flaws, the benefits clearly outweigh them. In the article, I detail the rationale for including covered call ETFs in durable income investor portfolios.
Seeking Alpha • Nov 9, 2025

TSPY: 13% Yield That Could Fund Your Retirement, It's A Buy
TSPY offers ~13% yield, which might not sound too promising in terms of the ETF being included in durable retirement income portfolio. Typically, anything that exceed, say, 8% to 10% yield range carries elevated risks on both dividend and value sustainability front. However, I have still included TSPY in my 'high yield/medium risk' portfolio bucket - a portfolio designed for durable retirement income extraction and gradual snowballing.
Seeking Alpha • Nov 2, 2025

TappAlpha's TDAQ Surpasses $25 Million AUM in Under Two Months, Outpacing Nasdaq 100 in Performance
SEATTLE, Oct. 31, 2025 (GLOBE NEWSWIRE) -- TappAlpha , a fintech-powered ETF issuer focused on making advanced investment strategies accessible, is proud to announce that TDAQ, its actively managed income ETF built on the Nasdaq-100, has surpassed $25 million in assets under management (AUM) less than two months after launch. Since inception on September 4, 2025, TDAQ has delivered a total return of 10.57%, outperforming its underlying benchmark, the Nasdaq-100, which was up 10.16% during that same period (9.4.25 - 10.29.25).
GlobeNewsWire • Oct 31, 2025

TappAlpha's Flagship ETF, TSPY, Surpasses $100 Million in AUM
SEATTLE, Wash., Oct. 02, 2025 (GLOBE NEWSWIRE) -- TappAlpha, a fintech-powered ETF issuer focused on making advanced investing strategies accessible, today announced that its flagship fund, the TappAlpha SPY Growth & Daily Income ETF (Nasdaq: TSPY), has surpassed $100 million in assets under management (AUM).
GlobeNewsWire • Oct 2, 2025

TSPY: An Out-Performance Candidate In The Covered Call ETF Universe
The TappAlpha SPY Growth & Daily Income ETF (TSPY) is a relatively new covered call ETF option focused on high monthly income from S&P 500 exposure. TSPY is actively managed, holding SPY and writing call options, resulting in a 13.6% distribution yield. Since its August 2024 inception, TSPY has delivered an 18.2% NAV return, out-performing JEPI and closely matching SPYI's total return.
Seeking Alpha • Sep 30, 2025

QDVO To TSPY: QDVO's More Flexible Approach Is Important
Amplify CWP Growth and Income ETF offers a more tactical, flexible covered-call strategy compared to TappAlpha SPY Growth and Daily Income ETF. QDVO selects 20-40 large-cap stocks based on earnings and performance, selling options on individual holdings for enhanced total returns and income balance. TSPY provides higher, more consistent income by selling daily index calls, but its conservative approach limits upside compared to QDVO's nuanced strategy.
Seeking Alpha • Sep 25, 2025

TSPY: This Covered Call ETF Could Be Your Best Defense Against Stagflation Or A Potential Recession
Covered call ETFs like TSPY are increasingly attractive as investors seek high yields to combat inflation and potential recession risks. TSPY stands out for its active management, high 14.24% yield, and steady monthly distributions, making it ideal for income-focused investors. The fund is designed to outperform in bear, flat, or moderate bull markets, offering defensive benefits if a recession materializes.
Seeking Alpha • Sep 17, 2025

TappAlpha Expands ETF Lineup with the Innovation 100 Growth & Daily Income ETF (TDAQ)
As TSPY surpasses $69 million in AUM, TappAlpha launches TDAQ to bring its daily income strategy to the NASDAQ-100. SEATTLE, Sept.
GlobeNewsWire • Sep 4, 2025

¹ Disclosures

Open an M1 investment account to buy and sell TappAlpha SPY Growth & Daily Income ETF commission-free¹. Build wealth for the long term using automated trading and transfers.