More about High-Yield Cash Accounts with M1
Brokerage Accounts
Retirement Accounts
Other Accounts
Quotes are delayed by 15 minutes.
1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$243370700
P/E ratio
26.1
Dividend yield
13.675%
Expense ratio
0.77%
Beta
1.033679
Previous close
$25.21
Today's open
$25.18
Day's range
$24.86 - $25.19
52 week range
$20.02 - $26.67
show more
Headquarters
US
Exchange
NASDAQ Global Market
Issue type
Exchange-Traded Fund
Equities
Multi Alternative
99.48%
2026 Is About Volatility And 10%+ Covered Call Yields
Volatility and dispersion are the likely key themes for 2026. The sky-high valuations and increasingly shaky economic/financial fundamentals support that view. At the same time, the market's "put mechanism," which has made the buy-the-dip strategy work since really the GFC, has not disappeared.
Seeking Alpha • Feb 11, 2026

TSPY: A High-Potential Bet On New Market Highs In 2026
The TappAlpha SPY Growth & Daily Income ETF targets high-yield investors by pairing a long SPY position with daily out-of-the-money call selling. TSPY's daily option resets offer greater upside capture during rallies versus traditional covered call ETFs but introduce higher risk in volatile or declining markets. The current macro backdrop—falling rates, strong GDP, and equity momentum—supports TSPY's directional strategy for investors bullish on new S&P 500 highs in 2026.
Seeking Alpha • Jan 19, 2026

From $100M to $250M in 3 Months: TappAlpha's Rapid Growth Continues as It Looks to Define Growth + Income Investing
SEATTLE, Jan. 13, 2026 (GLOBE NEWSWIRE) -- TappAlpha, an ETF platform helping define the Growth + Income investing category, today announced that it has surpassed $250 million in assets under management (AUM)—three months after hitting the $100 million mark. This rapid growth has been fueled by advisor and investor demand for TSPY and TDAQ, two actively managed ETFs offering daily income overlays on top of broad market exposure to the S&P 500 and Nasdaq-100, respectively.
GlobeNewsWire • Jan 13, 2026

TSPY Vs. SPYI: Why This 0DTE Fund Might Be Even Better Than SPYI
TappAlpha SPY Growth & Daily Income ETF earns a Strong Buy rating for its superior yield and S&P 500 upside capture versus SPYI. TSPY delivers 13-14% yields and better total returns than SPYI, though with less downside protection due to its 0DTE options strategy. SPYI remains a Buy for its consistent 10%+ yields, tax efficiency, and lower volatility, but TSPY's higher payouts may better suit most income investors.
Seeking Alpha • Jan 13, 2026

TappAlpha and Tuttle Capital Launch the T² Lift™ Series with TSYX and TDAX — Light-Leverage Versions of TSPY and TDAQ Designed to Offer 30% More Exposure to Growth + Income
SEATTLE, Jan. 07, 2026 (GLOBE NEWSWIRE) -- TappAlpha and Tuttle Capital Management, two innovators in ETF design, today jointly announced the launch of the T² Lift™ Series — a new line of ETFs seeking to offer light-leverage exposure to the daily income and growth strategies behind TSPY and TDAQ. The T² Lift™ Series aims to give investors 30% more exposure to the same daily growth and income strategies used in TSPY (S&P 500) and TDAQ (Nasdaq-100) — two of the fastest-growing ETFs in the market.
GlobeNewsWire • Jan 7, 2026

14%+ Yielding Way To Hedge Against The AI Bubble
Current market valuations are near dot-com bubble highs, especially in AI leaders, where the P/S are just extreme. The fact that we have entered 2026 with an active 3-year bull run does not help either. However, we have to be also mindful of the risk that comes with such a thinking - i.e., the risk of incurring painful opportunity cost.
Seeking Alpha • Jan 5, 2026

Why TSPY Doesn't Need Extreme Yield To Outperform
The TappAlpha SPY Growth & Daily Income ETF is a Buy, outperforming peers in the S&P 500 0DTE-based covered call ETF space. TSPY's flexible, aggressive option-writing strategy paired with full SPY exposure minimizes tracking error and adapts well to varying market regimes. The ETF's sustainable sub-14% yield avoids NAV erosion seen in higher-yielding competitors like XDTE, supporting long-term capital preservation.
Seeking Alpha • Dec 18, 2025

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

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.