ISPY ETF Analysis: ProShares SP500 High Income | BATS

Derivative Income | BATS, USA | Market Cap: 1.278m USD | 12M Return: 15.5% | Charts, Fundamentals & Technical Analysis

Derivative Instruments, Options Contracts, Equity Securities, Income Strategies
Total Rating 44
Safety 28
Buy Signal 0.06
Derivative Income
Category Rotation: -9.2
TER: 0.55%
AUM: 1.28B
Avg Turnover: 4.66M
Risk 3d forecast
Volatility16.9%
VaR 5th Pctl3.38%
VaR vs Median10.9%
Reward TTM
Sharpe Ratio1.14
Rel. Str. IBD44.2
Rel. Str. Peer Group38.1
Character TTM
Beta0.917
Beta Downside0.940
Hurst Exponent0.460
Drawdowns 3y
Max DD16.88%
CAGR/Max DD1.05
CAGR/Mean DD8.49

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Seasonality 2.5 years of data

Jan +1.0% 35
Feb -1.4% 11
Mar -4.8% 34
Apr -5.0% 47
May +3.6% 30
Jun +0.6% 4
Jul -0.6% 8
Aug -0.2% 13
Sep +1.0% 13
Oct -1.2% 8
Nov +0.1% 0
Dec -3.3% 21

Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.

Description: ISPY ProShares SP500 High Income

The ProShares S&P 500 High Income ETF (ISPY) is a non-diversified exchange-traded fund that seeks to track the performance of its underlying index by investing at least 80% of its total assets in index components or instruments with similar economic characteristics. Managed by ProShare Advisors, the fund relies on a combination of financial instruments rather than holding securities directly one-to-one.

ISPY falls within the Derivative Income ETF category, indicating that the strategy typically uses options-based or derivative techniques (such as covered call or related income strategies) to generate yield from S&P 500 exposure. The fund launched on December 18, 2023, and trades on the BATS exchange, making it a relatively recent entrant in the income-oriented ETF segment.

Headlines to Watch Out For
  • S&P 500 volatility drives options premium income yield
  • Rising competition pressures market share against JEPI and JEPQ
  • Federal Reserve rate policy reshapes income ETF demand
What is the price of ISPY shares?

As of June 30, 2026, the stock is trading at USD 47.84 with a total of 193,281 shares traded. Over the past week, the price has changed by -2.93%, over one month by -3.80%, over three months by +12.42% and over the past year by +15.48%.

Current recommended Stop Loss: 46.80 (which is 2.2% or 1.6 ATR below the current price).

Is ISPY a buy, sell or hold?

ProShares SP500 High Income has no consensus analysts rating.