TSPYTappAlpha SPY Growth & Daily Income ETF
Seeks current income while maintaining prospects for capital appreciation.
By TappAlpha · Launched 2024
Annual Cost
0.71%
#3,843 of 6,040 · average
Fund Size
$325M
#2,008 of 6,040 · large
Return (1Y)
+15.4%
Track Record
2 years
#3,664 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,546+15.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 2 holdings = 100.7% of fundconcentrated
State Street SPDR S&P 500 ETF
100.6%
First American Government Obli
0.1%
Asset allocation
Stocks
99.6%
Other
0.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
12.6%Moderate
Year-on-year price swings
Max drawdown
-18.0%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
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks current income while maintaining prospects for capital appreciation.
- Strategy
- Actively managed ETF that employs a call option strategy to generate income while providing exposure to the S&P 500® Index. The Fund combines long positions in ETFs like SPY and VOO with short positions in daily covered call options, aiming for current income and capital appreciation.
- Inception date
- August 14, 2024
- Fund family
- TappAlpha
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Data updated on 2026-09-18