SPYTDefiance S&P 500 Target Income
Seeks current income and exposure to the performance of the S&P 500 Index.
By Defiance ETFs LLC · Launched 2024
Annual Cost
0.92%
#4,916 of 6,040 · expensive
Fund Size
$162M
#2,644 of 6,040 · mid-size
Return (1Y)
+14.5%
Track Record
2 years
#3,390 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,459+14.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 3 holdings = 99.6% of fundconcentrated
iShares Core S&P 500 ETF
99.6%
N/A
0.0%
N/A
0.0%
Asset allocation
Stocks
99.4%
Cash
0.6%
Other
0.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
11.8%Moderate
Year-on-year price swings
Max drawdown
-18.3%Moderate
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 exposure to the performance of the S&P 500 Index.
- Strategy
- Actively manages an ETF to generate current income by holding shares of unaffiliated passively managed ETFs and selling daily credit call spreads on the S&P 500 Index. The strategy aims for consistent distribution levels primarily from options premiums, targeting an annual cash distribution of approximately 20% of net asset value.
- Inception date
- March 4, 2024
- Fund family
- Defiance ETFs LLC
Similar funds
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Data updated on 2026-09-18