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ISPY - ETF AI Analysis
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ProShares S&P 500 High Income ETF (ISPY)
Rating:63Neutral
Price Target:―
Positive Factors
Large, Established Holdings
The ETF’s biggest positions are in well-known, mega-cap companies, which can provide stability and strong earnings power over time.
Broad Sector Spread
Holdings are spread across many sectors, including technology, financials, health care, and consumer stocks, which helps reduce the impact of weakness in any single industry.
Meaningful Asset Base
The fund manages a sizable pool of assets, which can support trading liquidity and help keep trading costs relatively efficient for investors.
Negative Factors
Recent Weak Performance
The ETF has shown slightly negative returns over the past month, three months, and year to date, signaling recent performance headwinds.
Heavy Tilt to U.S. Market
With the vast majority of its assets in U.S. stocks, the fund offers limited geographic diversification and is highly tied to the U.S. market’s fortunes.
High Concentration in Big Tech
A large portion of the portfolio is in a handful of major technology and communication services names, several of which have been weak recently, increasing both sector and single-stock risk.
ISPY vs. SPDR S&P 500 ETF (SPY)
AUM1.22B
RegionNorth America
Expense Ratio0.56%
Beta0.92
IssuerProShares
Inception DateDec 18, 2023
Dividend Yield8.4%
Asset ClassEquity
Index TrackedS&P 500 Daily Covered Call Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume119,757
30 Day Avg. Volume132,009
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
53.12Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering503
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ISPY Summary
The ProShares S&P 500 High Income ETF (ISPY) follows the S&P 500 Daily Covered Call Index, focusing on large U.S. companies that can generate higher income from their stocks. It mainly holds big, well-known names like Apple and Nvidia, along with other major S&P 500 firms across technology, finance, health care, and more. Someone might invest in ISPY to seek regular income and broad exposure to many of America’s largest companies in a single fund. A key risk is that it can still go up and down with the stock market and is heavily influenced by large tech stocks.
How much will it cost me?The ProShares S&P 500 High Income ETF (ISPY) has an expense ratio of 0.55%, meaning you’ll pay $5.50 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, focusing on high-income stocks and using a covered call strategy to enhance returns.
What would affect this ETF?The ISPY ETF, heavily focused on large-cap U.S. stocks and sectors like Technology and Financials, could benefit from continued innovation in tech and stable economic growth, which may support corporate earnings and dividend payouts. However, rising interest rates or regulatory changes in the tech sector could negatively impact its top holdings like Nvidia, Apple, and Microsoft, while broader economic uncertainty may affect consumer spending and financial stability. Investors should consider these factors when evaluating the ETF's future performance.
ISPY Top 10 Holdings
ISPY’s story is all about big U.S. tech powering an income-focused strategy, with a heavy tilt toward a handful of giants. Nvidia is wobbling after a strong run, while Apple, Microsoft, and Meta are clearly losing steam and acting as a brake on the fund. In contrast, Alphabet and Amazon are two bright spots, with rising share prices helping to offset weakness elsewhere. Overall, the ETF is highly concentrated in U.S. mega-cap tech and communication names, so its fortunes largely rise or fall with this small group of market leaders.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 6.64% | $79.64M | $4.62T | 34.63% | 76 Outperform | |
| Apple | 5.65% | $67.80M | $4.04T | 7.00% | 79 Outperform | |
| Microsoft | 4.36% | $52.36M | $3.00T | -1.61% | 79 Outperform | |
| Amazon | 2.84% | $34.04M | $2.19T | -12.72% | 71 Outperform | |
| Alphabet Class A | 2.63% | $31.52M | $3.76T | 66.82% | 85 Outperform | |
| Broadcom | 2.28% | $27.42M | $1.63T | 42.11% | 76 Outperform | |
| Alphabet Class C | 2.10% | $25.22M | $3.76T | 65.55% | 82 Outperform | |
| Meta Platforms | 2.07% | $24.81M | $1.69T | -11.79% | 76 Outperform | |
| Tesla | 1.71% | $20.55M | $1.61T | 17.21% | 73 Outperform | |
| Berkshire Hathaway B | 1.34% | $16.08M | $1.08T | 4.26% | 66 Neutral |
ISPY Technical Analysis
Neutral
―
Price Trends
45.74
Negative
45.19
Positive
43.18
Positive
Market Momentum
0.02
Positive
41.88
Neutral
46.62
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ISPY, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 45.96, equal to the 50-day MA of 45.74, and equal to the 200-day MA of 43.18, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 41.88 is Neutral, neither overbought nor oversold. The STOCH value of 46.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ISPY.
ISPY Peer Comparison
Comparison Results
Performance Comparison
ISPY
ProShares S&P 500 High Income ETF
45.33
3.65
8.76%
MGC
Vanguard Mega Cap ETF
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PRF
Invesco FTSE RAFI US 1000 ETF
―
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QQQI
NEOS Nasdaq 100 High Income ETF
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―
―
FTCS
First Trust Capital Strength ETF
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QYLD
Global X NASDAQ 100 Covered Call ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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