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SIOOVistaShares Target 15 S&P 100 Distribution ETF

Get incomeGrow my moneyNewRanked #1,305 of 1,650 in this goal

Seeks current income and long-term capital appreciation.

By VistaShares Advisors LLC · Launched 2025

Annual Cost

0.59%

#3,122 of 5,861 · average

Fund Size

$14M

#4,680 of 5,861 · small

Dividend YieldGoal

—

Track Record

8 months

#4,971 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,886+8.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

Index tracked

S&P 100 Index

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-6.9%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks current income and long-term capital appreciation.
Strategy
Actively managed ETF combining an Index Strategy — equity securities included in the S&P 100 Index of the 100 largest U.S. large-cap companies — with an options portfolio that writes options on those Underlying Securities to target a 15% annual distribution. VistaShares uses discretion to reallocate holdings and to invest directly, via an ETF tracking the Index, or synthetically through options and swaps; maintains a cash/U.S. Treasury allocation.
Inception date
December 10, 2025
Fund family
VistaShares Advisors LLC

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

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

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Data updated on 2026-08-04