ProShares S&P 500 High Income ETF (ISPY)Derivative Income | Exchange Traded Fund | Cboe US
48.61 USD
-0.12
(-0.246%) ⇩
(Aug. 28, 2026, 3:59 p.m.
EDT)
After hours: 48.97 +0.36 (0.741%) ⇧ (Aug. 28, 2026, 7:43 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:42 a.m. EDT
The S&P 500 High Income ETF presents a classic case of a strategy that has lost its edge. While the headline yield of 1.11% looks attractive in isolation, the recent dividend history reveals a chaotic payout pattern with erratic monthly amounts ranging from pennies to over a dollar, indicating the underlying covered call strategy is struggling to generate consistent income. Fundamentally, the asset is unimpressive; it has barely moved up 0.28% over the last year, failing to provide the capital appreciation needed to offset the drag of the daily hedging strategy. The price action confirms this stagnation, trading flat near its 50-day average despite being well above its yearly low. Options activity offers no relief, showing almost no speculative interest and only defensive hedges far out of the money. This is a neutral hold for now; the strategy is currently uncompelling, offering neither meaningful growth nor reliable, high-quality income. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.013906 |
| AutoTheta | 0.015790 |
| AutoARIMA | 0.017253 |
| AutoETS | 0.017332 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 60% |
| H-stat | 3.83 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.348 |
| Excess Kurtosis | 0.32 |
| Attribute | Value |
|---|---|
| Trailing P/E | 25.50 |
As of Aug. 22, 2026, 5:42 a.m. EDT: Speculator positioning is sparse and non-directional. Call volume is negligible across expirations, while put interest is concentrated entirely in out-of-the-money strikes (40 strike), suggesting a hedge against a drop rather than a bet on downside. The lack of significant open interest or volume at key strikes indicates a lack of consensus on immediate directional moves.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.50% | 5.27% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-03 | 0.243 | 0.504673 |
| 2026-07-01 | 0.252 | 0.526206 |
| 2026-06-01 | 0.233 | 0.476580 |
| 2026-05-01 | 0.301 | 0.645092 |
| 2026-04-01 | 0.303 | 0.698801 |
| 2026-03-02 | 0.211 | 0.464042 |
| 2026-02-02 | 0.229 | 0.493747 |
| 2025-12-24 | 0.120 | 0.259853 |
| 2025-12-01 | 0.203 | 0.446645 |
| 2025-11-03 | 0.075 | 0.162408 |
| 2025-10-01 | 0.102 | 0.225764 |
| 2025-09-02 | 0.159 | 0.368397 |
| 2025-08-01 | 0.045 | 0.106082 |
| 2025-07-01 | 0.165 | 0.391366 |
| 2025-06-02 | 0.349 | 0.863007 |
| 2025-05-01 | 1.275 | 3.275951 |
| 2025-04-01 | 0.908 | 2.187425 |
| 2025-03-03 | 0.178 | 0.405837 |
| 2025-02-03 | 0.326 | 0.729796 |
| 2024-12-23 | 0.217 | 0.480407 |
| 2024-12-02 | 0.299 | 0.653695 |
| 2024-11-01 | 0.376 | 0.856102 |
| 2024-10-01 | 0.341 | 0.774296 |
| 2024-09-03 | 0.620 | 1.448260 |
| 2024-08-01 | 0.267 | 0.626466 |
| 2024-07-01 | 0.449 | 1.039593 |
| 2024-06-03 | 0.313 | 0.740303 |
| 2024-05-01 | 0.358 | 0.882208 |
| 2024-04-01 | 0.316 | 0.746692 |
| 2024-03-01 | 0.318 | 0.763047 |
| 2024-02-01 | 0.482 | 1.184275 |
| Attribute | Value |
|---|---|
| All Time High | 49.25 |
| All Time Low | 35.81 |
| Ask | 50.67 |
| Ask Size | 600 |
| Average Daily Volume10 Day | 89,530 |
| Average Daily Volume3 Month | 91,752 |
| Average Volume | 91,752 |
| Average Volume10Days | 89,530 |
| Beta3 Year | 0.0 |
| Bid | 48.3 |
| Bid Size | 2,000 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 49.02 |
| Day Low | 48.56 |
| Dividend Yield | 1.11 |
| Eps Trailing Twelve Months | 1.9064099 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 48.10928 |
| Fifty Day Average Change | 0.500721 |
| Fifty Day Average Change Percent | 0.010407992 |
| Fifty Two Week Change Percent | 12.627435 |
| Fifty Two Week High | 49.25 |
| Fifty Two Week High Change | -0.6399994 |
| Fifty Two Week High Change Percent | -0.0129949115 |
| Fifty Two Week Low | 42.1 |
| Fifty Two Week Low Change | 6.510002 |
| Fifty Two Week Low Change Percent | 0.15463188 |
| Fifty Two Week Range | 42.1 - 49.25 |
| First Trade Date Milliseconds | 1,703,082,600,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.11999893 |
| Fullday Change Percent | -0.24625269 |
| Fullday Price | 48.97 |
| Fund Family | ProShares |
| Fund Inception Date | 1,702,857,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. It is non-diversified. |
| Long Name | ProShares S&P 500 High Income ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1845891128 |
| Nav Price | 48.7719 |
| Net Assets | 1,245,296,130.0 |
| Net Expense Ratio | 0.56 |
| Open | 48.92 |
| Post Market Change | 0.3600006 |
| Post Market Change Percent | 0.7405896 |
| Post Market Price | 48.97 |
| Post Market Time | 1,787,960,591 |
| Previous Close | 48.73 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.119999 |
| Regular Market Change Percent | -0.246253 |
| Regular Market Day High | 49.02 |
| Regular Market Day Low | 48.56 |
| Regular Market Day Range | 48.56 - 49.02 |
| Regular Market Open | 48.92 |
| Regular Market Previous Close | 48.73 |
| Regular Market Price | 48.61 |
| Regular Market Time | 1,787,947,193 |
| Regular Market Volume | 47,243 |
| Short Name | ProShares S&P 500 High Income E |
| Source Interval | 15 |
| Symbol | ISPY |
| Total Assets | 1,245,296,128 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 25.49819 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 4.01054 |
| Trailing Three Month Returns | 4.01054 |
| Triggerable | 1 |
| Two Hundred Day Average | 46.484165 |
| Two Hundred Day Average Change | 2.1258354 |
| Two Hundred Day Average Change Percent | 0.045732465 |
| Type Disp | ETF |
| Volume | 47,243 |
| Yield | 0.0111 |
| Ytd Return | 8.65192 |