SIOOVistaShares Target 15 S&P 100 Distribution ETF
Seeks current income and long-term capital appreciation.
By VistaShares Advisors LLC · Launched 2025
0.01%
#80 of 5,573 · low cost
$14M
#4,581 of 5,573 · small
—
6 months
#5,079 of 5,573 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundRisk 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
- 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
Similar funds
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 2026-06-20