DRKYVistaShares Target 15 DRUKMacro Distribution ETF
Primarily seeks income.
By VistaShares Advisors LLC · Launched 2025
0.01%
#120 of 5,562 · low cost
$21M
#4,334 of 5,562 · small
—
8 months
#4,847 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeRegion
North americaStrategy
Option income
Index tracked
BITA VistaShares DRUKMacro Select Index
What it actually holds
By weightConcentration
Top 10 holdings = 74.1% of fundconcentrated
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Primarily seeks income.
- Strategy
- Actively managed ETF that seeks income and long-term capital appreciation. Invests in equity securities based on the BITA VistaShares DRUKMacro Select Index and generates income through options strategies. The Index includes the top 20 U.S.-listed equity securities based on Duquesne's portfolio. The Index is reconstituted and rebalanced quarterly, and may include small-, mid-, and large-cap companies. The Fund may also invest in cash and U.S. Treasuries to meet regulatory requirements and income targets.
- Inception date
- October 8, 2025
- Fund family
- VistaShares Advisors LLC
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19