ODTEVegaShares SPX NDX RTY Premium Income ETF
Seeks current income and capital appreciation.
By Vega Capital Partners LLC · Launched 2026
0.76%
#4,041 of 5,854 · expensive
$3M
#5,413 of 5,854 · small
—
4 months
#5,326 of 5,854 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 4 holdings = 99.9% of fund✓ diversified through underlying funds
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks current income and capital appreciation.
- Strategy
- Actively managed ETF employing a covered call strategy using the S&P 500, Nasdaq-100, and Russell 2000 indexes as reference assets. Aims to provide current income weekly and exposure to price returns through a synthetic covered call strategy.
- Inception date
- April 1, 2026
- Fund family
- Vega Capital Partners LLC
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
The big yield isn't extra money
The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.
Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
What's next?
You've looked at ODTE. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-08-03