ISPY - ETF AI Analysis
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ProShares S&P 500 High Income ETF (ISPY)
Rating:63Neutral
Price Target:―
Positive Factors
Strong Mega-Cap Tech Exposure
The fund’s largest positions include well-known technology leaders that have generally shown strong or improving performance this year, helping support returns.
Broad Sector Diversification
Holdings spread across technology, financials, communication services, consumer sectors, health care, and more help reduce the impact if any one industry struggles.
Solid Asset Base
The ETF manages over a billion dollars in assets, suggesting it has attracted meaningful investor interest and likely offers good trading liquidity.
Negative Factors
Heavy Concentration in Technology
With a large portion of the portfolio in technology stocks, the fund is sensitive to swings in that sector.
Top Holdings Are Tightly Clustered
A small group of big names like Nvidia, Apple, Microsoft, Amazon, and Alphabet make up a significant share of the fund, increasing the impact if any of them perform poorly.
Higher-Than-Average Expense Ratio
The fund’s fee is on the higher side for an ETF tracking large, well-known U.S. companies, which can slightly reduce long-term net returns.
ISPY vs. SPDR S&P 500 ETF (SPY)
AUM1.27B
RegionNorth America
Expense Ratio0.56%
Beta0.92
IssuerProShares
Inception DateDec 18, 2023
Dividend Yield4.43%
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. Volume99,051
30 Day Avg. Volume110,809
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
55.62Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering504
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ISPY Summary
The ProShares S&P 500 High Income ETF (ISPY) tracks an index called the S&P 500 Daily Covered Call Index, built from large U.S. companies in the S&P 500 that are chosen for their income potential. It holds many well-known names like Apple, Microsoft, Nvidia, Amazon, and Alphabet, with a big tilt toward technology stocks. Someone might consider ISPY if they want stock market exposure plus a focus on higher income from large, established companies. A key risk is that the fund is heavily concentrated in U.S. tech and can still go up and down with the overall stock market.
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 is leaning heavily on U.S. mega-cap tech, with Nvidia, Apple, and Alphabet doing most of the heavy lifting as they ride strong momentum in AI, cloud, and digital advertising. Amazon is also pulling its weight, though its gains have been a bit choppier. On the flip side, Microsoft looks more mixed lately, and Meta has been losing steam, acting as a mild drag. With a clear tilt toward technology and communication services and virtually all exposure in the U.S., this fund’s fortunes are tightly tied to Big Tech’s next move.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 10.22% | $130.29M | ― | ― | ― | |
| Nvidia | 6.66% | $84.92M | $4.97T | 46.83% | 76 Outperform | |
| Apple | 5.71% | $72.79M | $4.28T | 49.39% | 79 Outperform | |
| Microsoft | 3.88% | $49.41M | $2.90T | -16.57% | 79 Outperform | |
| Amazon | 3.11% | $39.69M | $2.57T | 13.84% | 71 Outperform | |
| Alphabet Class A | 2.82% | $35.92M | $4.35T | 108.94% | 85 Outperform | |
| Broadcom | 2.42% | $30.85M | $1.82T | 56.26% | 76 Outperform | |
| Alphabet Class C | 2.26% | $28.83M | $4.35T | 103.64% | 82 Outperform | |
| Meta Platforms | 1.66% | $21.10M | $1.44T | -15.47% | 76 Outperform | |
| Tesla | 1.53% | $19.47M | $1.53T | 24.92% | 73 Outperform |
ISPY Technical Analysis
Positive
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Price Trends
46.73
Positive
45.44
Positive
44.59
Positive
Market Momentum
0.28
Positive
58.32
Neutral
59.05
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ISPY, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 48.07, equal to the 50-day MA of 46.73, and equal to the 200-day MA of 44.59, indicating a bullish trend. The MACD of 0.28 indicates Positive momentum. The RSI at 58.32 is Neutral, neither overbought nor oversold. The STOCH value of 59.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ISPY.
ISPY Peer Comparison
Comparison Results
Performance Comparison
ISPY
ProShares S&P 500 High Income ETF
48.46
9.54
24.51%
MGC
Vanguard Mega Cap ETF
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PRF
Invesco FTSE RAFI US 1000 ETF
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RWL
Invesco S&P 500 Revenue ETF
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QYLD
Global X NASDAQ 100 Covered Call ETF
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JQUA
JPMorgan U.S. Quality Factor 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.
DisclaimerThis 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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