IncomeShares S&P500 Options ETPIncomeShares S&P500 Options ETPIncomeShares S&P500 Options ETP

IncomeShares S&P500 Options ETP

No trades
No trades

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Key stats


Assets under management (AUM)
‪9.23 M‬ USD
Fund flows (1Y)
‪4.87 M‬ USD
Dividend yield (indicated)
0.00%
Discount/Premium to NAV
−0.4%
Shares outstanding
‪2.11 M‬
Expense ratio
0.73%

Fund info


Issuer
Leverage Shares LLC
Brand
Leverage Shares
Inception date
Aug 28, 2024
Structure
Debt Security
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Primary advisor
Leverage Shares Management Co. Ltd.
ISIN
XS2875106242
FIGI
BBG01PBV4SB4
Identifiers
ISIN XS2875106242
The return on the ETP Securities is linked to the performance of the LS S&P500 Options-Based Income Strategy.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
ETF
Breakdown by region
100%
Top 10 holdings

See all ideas 

Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SPYY trades at 4.417 USD today, its price has risen 1.02% in the past 24 hours. Track more dynamics on SPYY price chart.
SPYY net asset value is 4.39 today — it's risen 0.21% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SPYY assets under management is ‪9.23 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SPYY price has fallen by −2.07% over the last month, and its yearly performance shows a −23.02% decrease. See more dynamics on SPYY price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.61% increase in three-month performance and has increased by 13.14% in a year.
SPYY fund flows account for ‪3.69 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SPYY invests in cash. See more details in our Profile section.
SPYY expense ratio is 0.73%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SPYY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SPYY technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPYY shows the sell signal. See more of SPYY technicals for a more comprehensive analysis.
Yes, SPYY pays dividends to its holders with the dividend yield of 0.00%.
SPYY trades at a premium (0.39%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SPYY shares are issued by Leverage Shares LLC
SPYY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 28, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.