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1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$268005000
P/E ratio
25.7
Dividend yield
15.0448%
Expense ratio
0.77%
Beta
0.987593
Previous close
$25.32
Today's open
$25.38
Day's range
$25.38 - $25.53
52 week range
$22.37 - $26.67
show more
Headquarters
US
Exchange
NASDAQ Global Market
Issue type
Exchange-Traded Fund
Equities
Multi Alternative
99.7%
TSPY Enters My Top 3 Buy Write ETFs
In my opinion, TappAlpha S&P 500 Growth & Daily Income ETF has a dynamic, high-distribution buy-write strategy and tax-efficient structure. TSPY generates a 14.56% annualized distribution rate, primarily from option premiums and capital gains, with ROC averaging above 50% monthly. The ETF outperforms mechanical peers in volatile or sideways markets but underperforms SPY during strong rallies due to upside caps from daily call writing.
Seeking Alpha • May 5, 2026

TSPY Vs. QDTE: Weighing 2 Ultra-High‑Yield Daily Options Income ETFs
Income-oriented ETFs based on zero-day (0DTE) options selling have gained traction recently. These funds such as TappAlpha SPY Growth & Daily Income ETF and Roundhill Innov-100 0DTE Covered Call Strat ETF offer different risk profiles than their longer‑term, options‑based counterparts. ETFs leveraging 0DTE options aim to deliver elevated income, representing a fast-growing segment within the options-based ETF landscape.
Seeking Alpha • Apr 27, 2026

Stocks Down, Inflation Up: Collect An Average 12.5% Yield To Ease The Pain
Positioning into high-yield ETFs is prudent amid persistent inflation and uncertain rate cuts. Overlay Shares Large Cap Equity ETF (OVL) offers a differentiated put-selling strategy, monthly yields above 10%, and market-beating returns since inception. TappAlpha SPY Growth & Daily Income ETF (TSPY) delivers a higher 14.56% yield via daily options, but with capped upside and recent NAV declines due to volatility.
Seeking Alpha • Apr 13, 2026

2 AI-Linked Covered Call ETFs I'd Buy For My Retirement Income
I advocate for value-oriented covered call ETFs with underlying holdings beyond AI-saturated large-cap growth indices like SPY and QQQ. The risks for NAV erosion and income declines are higher on this front. Despite these risks, including some QQQ/SPY-linked covered call ETFs could enhance diversification and capture higher yields from volatility and growth.
Seeking Alpha • Apr 10, 2026

TSPY: Collect A Double-Digit Yield From The S&P 500 With Tradeoffs
TappAlpha SPY Growth & Daily Income ETF targets high monthly income with direct S&P 500 exposure and an active 0DTE option-writing strategy. TSPY currently offers a 14.6% yield, but total returns (13.5%) lag SPY and peer SPYI due to capped upside and lack of downside protection. Return of capital distributions dominates payouts, supporting tax efficiency but risking NAV erosion if market declines persist.
Seeking Alpha • Mar 27, 2026

TSPY Vs. XDTE: Choosing The Better 0DTE ETF For Capital Preservation
TSPY and (XDTE) are compared for their performance in sideways markets. TSPY is rated 'Buy' for its transparent structure, slightly higher total return since inception, and lower risk of capital erosion versus XDTE, which is rated 'Hold'. XDTE offers a higher weekly dividend yield (36.87% vs. TSPY's 14.76%) and greater tax efficiency, but suffers from significant capital erosion and higher risk.
Seeking Alpha • Mar 18, 2026

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

¹ Disclosures

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