Zacks Investment ResearchT3·29mo ago
ISPY ProShares S&P 500 High Income ETF
ETF 47.63 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
ISPY
$47.63
—
Key stats
$47.63
- 52-Week Range
- $42.10 – $49.25
- YTD
- +4.21%
- IV Rank (30D)
- 31.88
- Straddle Price
- $1.55
- P/C Vol Ratio
- 2.00
- Open
- $47.97
- Day Range
- $47.60 – $47.97
- Volume
- 85,658
- Prev Close
- $48.29
About
ProShares S&P 500 High Income ETF (ISPY) ETF
No description available.
- Exchange
- BATS
- Inception
- 2023-12-18
- Has Options
- Yes
Fund profile
holdings as of Oct 21, 2026issuer datathrough May 2026flows, SEC filings
Sells options for income. Distributions can exceed what the strategy earns, in which case part of the payout is the fund's own capital. Compare the distribution rate with the price change in the ETF lab.
- Expense ratio
- 0.56% prospectus, filed Apr 7, 2026
- Assets
- $1.3B SEC filing, May 31, 2026
- Trailing yield
- 5.49% paid monthly
- Average daily volume
- $4.7M 30 sessions
- Holdings
- 512 top 10 are 137.0%
- Listed
- Dec 18, 2023 Cboe BZX
- Last fee change
- +1 bp filed Jan 30, 2026
- Tracking difference
- -0.73 pts vs index, after fees, FY 2026
Cost80
Liquidity56
Scale77
Diversification17
Moves with. US large-cap stocks (81% of its variance, beta 0.85). These factors explain 89% of its daily moves over the last year.
Stated objective. ProShares S&P 500 High Income ETF (the Fund) seeks investment results, before fees and expenses, that track the performance of the S&P 500 Daily Covered Call Index (the Index). (from the fund's prospectus)
All 512 holdingsFlow historySimilar fundsOverlap toolAll Covered Call ETFs
Fund flows
through May 2026SEC filings- May 2026
- −$30M latest reported month
- Latest 3 months
- −$18M −1.4% of assets
- Latest 12 months
- +$288M +22.2% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | −$30M |
| Apr 2026 | +$12M |
| Mar 2026 | −$122K |
| Feb 2026 | +$33M |
| Jan 2026 | +$35M |
| Dec 2025 | +$47M |
| Nov 2025 | +$20M |
| Oct 2025 | +$70M |
| Sep 2025 | +$25M |
| Aug 2025 | +$21M |
| Jul 2025 | +$40M |
| Jun 2025 | +$13M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 30 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| SPYMState Street SPDR Portfolio S&P 500 ETF | 85% | 0.02% | $183.5B | — | compare |
| SPYState Street SPDR S&P 500 ETF Trust | 85% | 0.10% | $818.4B | +15.2% | compare |
| IVViShares Core S&P 500 ETF | 85% | 0.03% | $890.4B | +15.1% | compare |
| DLCUU.S. Large Company Portfolio ETF Class Shares | 85% | 0.06% | — | — | compare |
| ITOTiShares Core S&P Total U.S. Stock Market ETF | 85% | 0.03% | $97.4B | +14.6% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 21, 2026issuer data- Holdings vs fair value
- +1.8% 25% under, 28% over · 100% covered
- Price / earnings
- 25.7 2% loss-making · 100% covered
- Price / book · sales
- 5.2 · 3.5 revenue growth +14.1%
- Above 200-day average
- 70% 58% above 50-day · by weight
- Short interest
- 2.0% of float, weighted · 2.9 days to cover
- Insider buying
- 4% of weight had net insider buying, 90 days; 69% net selling
- 13F holders
- +2.4% change in shares held by institutions, latest quarter
- Reporting earnings
- 36.3% of weight in 7 days; 58.9% in 14
Holdings reporting in the next 14 days · weighted implied move this week 2.02%
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Feb 28, 2026 → May 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| New position | VRTVertiv Holdings Co. | — | 0.16% | — |
| New position | COHRCoherent Corp. | — | 0.09% | — |
| New position | LITELumentum Holdings, Inc. | — | 0.08% | — |
| Exit | CCLCarnival Corp. | 0.05% | — | — |
| New position | Carnival Corp. Ltd. | — | 0.05% | — |
| New position | CASYCasey's General Stores, Inc. | — | 0.04% | — |
| New position | VEEVVeeva Systems, Inc. | — | 0.03% | — |
| Exit | CTRACoterra Energy, Inc. | 0.03% | — | — |
| Increase | DVNDevon Energy Corp. | 0.04% | 0.07% | +83.9% |
| Exit | HOLXHologic, Inc. | 0.02% | — | — |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 1.2%. Full holdings and history
Under the hood
fiscal year to May 31, 2026SEC census- Authorized participants
- 4 active of 39 with agreements; top 3 did 94%
- Created · redeemed
- $365M · $77M over the fiscal year
- Redemptions in kind
- 75% creations 50% in kind
- Creation unit
- 10,000 shares
- Securities lending
- 0.03% of assets on loan on average; earned 0.2 bp
- Return vs index
- -0.73 pts after fees; -0.04 before; daily s.d. 0.08
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-10-21
Holdings
512
AUM
$2.5B
Provider
ProShares
Inception
2023-12-18
Exchange
BATS
Data As Of
2026-10-21
Expense Ratio
0.56%
Dividend Yield
5.49%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-01 | 2026-10-07 | $0.2523 | CD |
| 2026-09-01 | 2026-09-08 | $0.2320 | CD |
| 2026-08-03 | 2026-08-07 | $0.2426 | CD |
| 2026-07-01 | 2026-07-08 | $0.2518 | CD |
| 2026-06-01 | 2026-06-05 | $0.2329 | CD |
| 2026-05-01 | 2026-05-07 | $0.3007 | CD |
Asset Allocation
Top Holdings
top 50 of 512 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | S&P 500 Daily Covered Call Index -Call Only SWAP Goldman Sachs International | 63.24% | Derivative | — |
| — | S&P 500 Daily Covered Call Index -Call Only SWAP BNP Paribas | 16.79% | Derivative | — |
| — | S&P500 EMINI FUT EQUITY INDEX 18/DEC/2026 ESZ6 INDEX | 15.51% | Derivative | — |
| IQMM | PROSHARES GENIUS MNY MKT ETF | 12.85% | Cash/Money Market | — |
| — | S&P 500 Daily Covered Call Index -Call Only SWAP B Bank of America NA | 9.24% | Derivative | — |
| — | S&P 500 Daily Covered Call Index SWAP CITIBANK NA CITIBANK NA | 8.31% | Derivative | — |
| NVDA | NVIDIA CORP | 6.79% | Equity (US) | US |
| AAPL | APPLE INC | 6.35% | Equity (US) | US |
| MSFT | MICROSOFT CORP | 5.00% | Equity (US) | US |
| AMZN | AMAZON.COM INC | 3.26% | Equity (US) | US |
| — | Net Other Assets (Liabilities) | 2.69% | Cash/Money Market | — |
| — | S&P 500 Daily Covered Call Index -Call Only SWAP S Societe Generale | 2.49% | Derivative | — |
| GOOGL | ALPHABET INC-CL A | 2.48% | Equity (US) | US |
| AVGO | BROADCOM INC | 2.03% | Equity (US) | US |
| GOOG | ALPHABET INC-CL C | 1.99% | Equity (US) | US |
| META | META PLATFORMS INC-CLASS A | 1.94% | Equity (US) | US |
| TSLA | TESLA INC | 1.38% | Equity (US) | US |
| MU | MICRON TECHNOLOGY INC | 1.30% | Equity (US) | US |
| LLY | ELI LILLY & CO | 1.29% | Equity (US) | US |
| BRK.B | BERKSHIRE HATHAWAY INC-CL B | 1.27% | Equity (US) | US |
| AMD | ADVANCED MICRO DEVICES | 1.14% | Equity (US) | US |
| JPM | JPMORGAN CHASE & CO | 1.13% | Equity (US) | US |
| XOM | EXXONMOBIL HOLDINGS CORP | 0.93% | Equity (US) | US |
| V | VISA INC-CLASS A SHARES | 0.88% | Equity (US) | US |
| JNJ | JOHNSON & JOHNSON | 0.79% | Equity (US) | US |
| WMT | WALMART INC | 0.66% | Equity (US) | US |
| MA | MASTERCARD INC - A | 0.64% | Equity (US) | US |
| ABBV | ABBVIE INC | 0.64% | Equity (US) | US |
| PLTR | PALANTIR TECHNOLOGIES INC-A | 0.59% | Equity (US) | US |
| INTC | INTEL CORP | 0.58% | Equity (US) | US |
| CVX | CHEVRON CORP | 0.57% | Equity (US) | US |
| COST | COSTCO WHOLESALE CORP | 0.56% | Equity (US) | US |
| CSCO | CISCO SYSTEMS INC | 0.53% | Equity (US) | US |
| UNH | UNITEDHEALTH GROUP INC | 0.47% | Equity (US) | US |
| MRK | MERCK & CO. INC. | 0.47% | Equity (US) | US |
| PG | PROCTER & GAMBLE CO/THE | 0.46% | Equity (US) | US |
| KO | COCA-COLA CO/THE | 0.45% | Equity (US) | US |
| CAT | CATERPILLAR INC | 0.43% | Equity (US) | US |
| BAC | BANK OF AMERICA CORP | 0.42% | Equity (US) | US |
| LRCX | LAM RESEARCH CORP | 0.41% | Equity (US) | US |
| AMAT | APPLIED MATERIALS INC | 0.41% | Equity (US) | US |
| HD | HOME DEPOT INC | 0.40% | Equity (US) | US |
| PM | PHILIP MORRIS INTERNATIONAL | 0.39% | Equity (US) | US |
| GE | GENERAL ELECTRIC | 0.39% | Equity (US) | US |
| PANW | PALO ALTO NETWORKS INC | 0.36% | Equity (US) | US |
| NFLX | NETFLIX INC | 0.34% | Equity (US) | US |
| GS | GOLDMAN SACHS GROUP INC | 0.33% | Equity (US) | US |
| TXN | TEXAS INSTRUMENTS INC | 0.33% | Equity (US) | US |
| RTX | RTX CORP | 0.33% | Equity (US) | US |
| TMO | THERMO FISHER SCIENTIFIC INC | 0.32% | Equity (US) | US |
Non-Equity Breakdown
ProShares S&P 500 High Income ETF ·
NPORT-P period 2026-05-31
(filed 2026-07-28)
Net assets:
$1.30B
· 516 total positions
· equity 85.09%
· non-equity 14.59%
Non-equity holdings
— 13 positions,
14.59% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Other | 10.05% | $130.3M | 2 |
| Repurchase agreement | 3.58% | $46.4M | 4 |
| Derivative (equity) | 0.93% | $12.1M | 6 |
| Short-term investment | 0.03% | $388391 | 1 |
Chart
Seasonality
| Month | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|
| Jan | -- | 1.80% | 2.96% | 1.47% | 2.08% |
| Feb | -- | 2.60% | -0.56% | -1.60% | 0.15% |
| Mar | -- | 2.70% | -4.04% | -4.66% | -2.00% |
| Apr | -- | -3.00% | -4.14% | 7.89% | 0.25% |
| May | -- | 4.63% | 4.27% | 5.04% | 4.65% |
| Jun | -- | 2.93% | 4.92% | -1.43% | 2.14% |
| Jul | -- | 0.63% | 2.47% | -0.07% | 1.01% |
| Aug | -- | 3.99% | 2.95% | 0.89% | 2.61% |
| Sep | -- | 4.70% | 4.52% | -0.24% | 2.99% |
| Oct | -- | 0.25% | 2.17% | 0.05%* | 0.82% |
| Nov | -- | 4.62% | -0.67% | -- | 1.98% |
| Dec | 1.65% | -3.17% | 0.40% | -- | -0.37% |
| Total | 1.65% | 24.68% | 15.75% | 7.01% | 12.27% |
* Only 4 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $48.12
SMA 50: $48.23
SMA 200: $46.98
Current: $47.65
EMA 12: $48.06
EMA 26: $48.12
MACD: -0.0560 | Signal: -0.0417
BEARISH
ADX (14): 15.57
RANGE
+DI: 18.17
−DI: 30.53
Momentum Oscillators
RSI (14): 43.79
NEUTRAL
Stoch %K: 40.72
Stoch %D: 42.81
Williams %R: -90.65
Volume & Volatility
BB Upper: $48.77
BB Lower: $47.48
NEUTRAL
OBV: 7,001,898
Vol SMA 20: 63,408
Vol ROC: 113.52%
ATR: $0.47
True Range: $0.69
HV 20: 11.5%
HV 30: 11.1%
HV 60: 10.7%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary Overall assessment: NEUTRAL with confidence level (6/10) Key drivers: Technical momentum, moderate volatility, and mixed news sentiment Primary risks: Earnings miss, regulatory issues, or negative surprises Recent news sentiment impact: No significant impact from recent headlines
Technical Analysis Trend Direction: Short-term (1-4 weeks) - UPTREND; Medium-term (1-3 months) - NEUTRAL; Long-term (3-12 months) - BEARISH
Support/Resistance Levels: Key price levels: + Upper Bollinger Band: $49.08 + Lower Bollinger Band: $46.31 + SMA 20: $47.69 + EMA 12: $48.10
Momentum Signals:
- RSI interpretation: Neutral (67.87) with no clear buy or sell signal
- MACD signal: Bullish (0.70 / Signal: 0.02 / Histogram: 0.69)
- Bollinger Bands position: Neutral, not squeezing or breaking out
Volume Analysis: Volume trends: + Volume SMA 20: 112886.85 (upward trend) + On-Balance Volume (OBV): 9334296.35 (upward trend)
News & Sentiment Analysis Recent Headlines Summary: Neutral news headlines, no significant impact on stock price
Sentiment Assessment: Mixed sentiment from recent headlines: Zacks Investment Research's neutral article and MarketWatch's neutral article with no clear bias towards the stock
Catalyst Identification: No upcoming earnings or major events identified
Market Narrative: Technical momentum driving the stock, while news sentiment is mixed; the market narrative aligns with the technical signals
Risk & Volatility Assessment Beta Interpretation: Moderate risk relative to market (beta 0.92)
Volatility Regime: Current volatility level is moderate (stock volatilty: 0.12)
Options Market Signals: + IV Rank: High (100.0%) indicating historically high volatility + Put/Call Volume Ratio: Bullish (0.14) with more calls than puts
Downside Protection: Support levels: + Lower Bollinger Band: $46.31 + SMA 20: $47.69
Market Context & Positioning Sector Performance: Moderate performance within the sector
Institutional Activity: No significant institutional activity observed
Correlation Analysis: The stock moves in tandem with the market (R-squared interpretation)
Relative Valuation: Position within a trading range, not significantly undervalued or overvalued
Key Levels & Action Items Critical Price Levels: Upper Bollinger Band: $49.08; Lower Bollinger Band: $46.31 Breakout/Breakdown Levels: SMA 20: $47.69 (support/resistance) Time-Sensitive Catalysts: No immediate catalysts identified Risk Management: Monitor volume and RSI signals for potential sell or buy signals
This comprehensive analysis provides an in-depth look at the technical, news, and risk factors affecting ISPY's stock performance. The report highlights a neutral sentiment with moderate volatility, mixed news headlines, and no significant earnings or regulatory events on the horizon. The key levels and action items suggest monitoring volume and RSI signals for potential sell or buy signals while considering the market narrative and sector performance.
Generated
News
All ISPY news →
MarketWatchT3·34mo ago
ISPY Options Activity & IV Rank
ISPY IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 17.5%
7-DTE IV: —
Expected Move: $1.55
7-DTE Move: $1.55
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 1
Put Volume: 2
P/C Volume: 2.0
BEARISH
Call OI: 1
Put OI: 2
P/C OI: 2.0
Total OI: 3
ATM Options Pricing
ATM Call: $0.68
ATM Put: $0.88
Call %: 1.4%
Put %: 1.8%
Chain Summary
Chain Volume: 8
Chain OI: 7
Last Updated: 10/22/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
No data
30 DTE / 10d
—
—
pts
EXTREME
ATM 12.1% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)31.9MediumOct 22
Straddle Price (30 DTE)$1.55Oct 22
Beta Analysis
Risk Metrics
Beta: 0.9265
Alpha: -7.00%
Correlation: 0.9397
R-Squared: 88.3%
Stock Volatility: 12.6%
Market Volatility: 12.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
ISPY Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
3.25K
SI % of Float
—
Days to Cover
1.00
Short Vol Ratio
15.3%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-21
Constituent Performance
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Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|