State Street SPDR ICE Preferred Securities ETF(PSK · ETF)

ETF quote, holdings, sector allocation, technicals, and options analytics.

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.

PSK $29.34
Snapshot
$29.34
52-Week Range
$29.32 – $33.77
YTD
-8.37%
IV Rank (30D)
19.75
Straddle Price
$1.73
P/C Vol Ratio
16.67
Info

State Street SPDR ICE Preferred Securities ETF (PSK) ETF

Exchange
ARCX
Inception
2009-09-16
Has Options
Yes
ETF Profile
holdings as of 2026-09-03
Holdings
166
AUM
$669.1M
Provider
SPDR (State Street)
Inception
2009-09-16
Exchange
ARCX
Data As Of
2026-09-03
Expense Ratio
0.45%
Dividend Yield
7.29%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-01 2026-09-04 $0.1600 CD
2026-08-03 2026-08-06 $0.1800 CD
2026-07-01 2026-07-07 $0.1800 CD
2026-06-01 2026-06-04 $0.1800 CD
2026-05-01 2026-05-06 $0.1800 CD
2026-04-01 2026-04-06 $0.1800 CD
Asset Allocation
Top Holdings
top 50 of 166 holdings
Symbol Name Weight % Asset Class Country
CPN CITIGROUP CAPITAL XIII 3.39% Equity (US) US
WFCPZ WELLS FARGO + COMPANY 1.65% Equity (US) US
COFPI CAPITAL ONE FINANCIAL CO 1.50% Equity (US) US
TBB AT+T INC 1.47% Equity (US) US
DUKPA DUKE ENERGY CORP 1.35% Equity (US) US
ALLPH ALLSTATE CORP 1.23% Equity (US) US
COFPJ CAPITAL ONE FINANCIAL CO 1.20% Equity (US) US
ATHPA ATHENE HOLDING LTD 1.18% Equity (US) US
JPMPC JPMORGAN CHASE + CO 1.16% Equity (US) US
NEEPU NEXTERA ENERGY CAPITAL 1.16% Equity (US) US
XELLL XCEL ENERGY INC 1.15% Equity (US) US
MTBPJ M+T BANK CORPORATION 1.12% Equity (US) US
SOJD SOUTHERN CO 1.04% Equity (US) US
USBPH US BANCORP 1.04% Equity (US) US
REINSURANCE GRP OF AMER 1.02% Other US
METPF METLIFE INC 1.01% Equity (US) US
JPMPD JPMORGAN CHASE + CO 0.99% Equity (US) US
SCHWPD CHARLES SCHWAB CORP 0.99% Equity (US) US
METPE METLIFE INC 0.96% Equity (US) US
AEFC AEGON FUNDING CO LLC 0.95% Equity (US) US
WFCPA WELLS FARGO + COMPANY 0.94% Equity (US) US
TFCPR TRUIST FINANCIAL CORP 0.92% Equity (US) US
WFCPD WELLS FARGO + COMPANY 0.92% Equity (US) US
F FORD MOTOR COMPANY 0.91% Equity (US) US
ALL-PJ ALLSTATE CORP 0.89% Equity (US) US
SREA SEMPRA 0.86% Equity (US) US
APO5636635 APOLLO GLOBAL MANAGEMENT 0.86% Equity (US) US
FPB FORD MOTOR COMPANY 0.86% Equity (US) US
KEY-PL KEYCORP 0.86% Equity (US) US
JPMPM JPMORGAN CHASE + CO 0.85% Equity (US) US
JPMPL JPMORGAN CHASE + CO 0.85% Equity (US) US
MTBPL M+T BANK CORPORATION 0.85% Equity (US) US
EQHPA EQUITABLE HOLDINGS INC 0.84% Equity (US) US
ATHS ATHENE HOLDING LTD 0.82% Equity (US) US
SOJF SOUTHERN CO 0.81% Equity (US) US
NEEPN NEXTERA ENERGY CAPITAL 0.80% Equity (US) US
NEEPW NEXTERA ENERGY CAPITAL 0.79% Equity (US) US
WFCPC WELLS FARGO + COMPANY 0.79% Equity (US) US
KKRT KKR + CO INC 0.78% Equity (US) US
DTK DTE ENERGY CO 0.78% Equity (US) US
SCE-PM SCE TRUST VII 0.76% Equity (US) US
LNCPD LINCOLN NATIONAL CORP 0.75% Equity (US) US
CMSD CMS ENERGY CORP 0.75% Equity (US) US
BACPB BANK OF AMERICA CORP 0.74% Equity (US) US
ALLPB ALLSTATE CORP 0.73% Equity (US) US
ATHPE ATHENE HOLDING LTD 0.72% Equity (US) US
RFPF REGIONS FINANCIAL CORP 0.72% Equity (US) US
METPA METLIFE INC 0.71% Equity (US) US
CRBD COREBRIDGE FINANCIAL INC 0.71% Equity (US) US
FPD FORD MOTOR COMPANY 0.71% Equity (US) US
Non-Equity Breakdown
State Street(R) SPDR(R) ICE Preferred Securities ETF · NPORT-P period 2026-06-30 (filed 2026-02-26)
Net assets: $780M · 161 total positions · equity 99.03% · non-equity 4.79%
Non-equity holdings — 2 positions, 4.79% of NAV
Category Weight Value Positions
Short-term investment 4.79% $37.3M 2
Chart
Seasonality
MonthAvg ReturnYears of Data
Jan +2.62% 6
Feb -1.23% 6
Mar -1.84% 6
Apr -0.78% 6
May +0.02% 6
Jun -0.48% 6
Jul +0.87% 6
Aug -0.93% 6
Sep +0.17% 6
Oct -1.77% 5
Nov +1.90% 5
Dec -1.00% 5
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: $29.69
SMA 50: $30.08
SMA 200: $31.22
Current: $29.35
EMA 12: $29.58
EMA 26: $29.77
MACD: -0.1883 | Signal: -0.0215
BEARISH
ADX (14): 33.86
TREND
+DI: 15.45
−DI: 34.37

Momentum Oscillators

RSI (14): 31.80
NEUTRAL
Stoch %K: 8.83
Stoch %D: 11.99
Williams %R: -95.18

Volume & Volatility

BB Upper: $30.04
BB Lower: $29.33
NEUTRAL
OBV: -4,013,780
Vol SMA 20: 127,661
Vol ROC: -68.74%
ATR: $0.15
True Range: $0.09
HV 20: 6.7%
HV 30: 6.0%
HV 60: 5.9%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-09-09T00:00:00 – 2026-09-04T00:00:00
AI Analysis

LLM Stock Analysis Report - PSK

Executive Summary

Overall assessment: NEUTRAL (6/10) with primary risks.

Key drivers: Low volatility, stable earnings, and moderate growth expectations.

Primary risks:

  • Negative sentiment from high put/call volume ratio
  • Limited upside potential due to historical low beta

2-3 sentence investment thesis: PSK's stable dividend yield and low volatility make it an attractive option for income-seeking investors. However, the stock's limited growth prospects and bearish options market sentiment may limit its potential for significant price appreciation.

Recent news sentiment impact: Neutral, with no significant headlines affecting the stock's price.

Technical Analysis

Trend Direction: Short-term (1-4 weeks): Downward trend; Medium-term (1-3 months): Sideways to slightly down; Long-term (3-12 months): Upward trend.

Support/Resistance Levels: Key price levels:

  • Support: $29.33 (lower Bollinger Band), $28.50 (previous low)
  • Resistance: $30.04 (upper Bollinger Band), $31.22 (SMA 200)

Momentum Signals: RSI interpretation: Neutral, as the RSI is below 70 and showing no clear buying or selling pressure. MACD signal: Bearish, with the MACD line falling below its signal line. Bollinger Bands position: Mean reversion, as the price has touched the lower band.

Volume Analysis: Volume trends:

  • Recent volume: Low to moderate
  • Institutional interest: Moderate, with a 3 call vs 50 put ratio

News & Sentiment Analysis

Recent Headlines Summary: Neutral news headlines focus on corporate actions and dividend declarations.

Sentiment Assessment: Neutral sentiment, as the recent news headlines are not significantly impacting the stock's price.

Catalyst Identification: No immediate catalysts identified; medium-term, earnings reports may impact the stock's price.

Market Narrative: The neutral market narrative is driven by stable dividend yields and low volatility, which may attract income-seeking investors.

Risk & Volatility Assessment

Beta Interpretation: Low risk relative to the market (beta 0.25).

Volatility Regime: Low volatility regime, with a historical volatility of 6.7% for the past 20 days.

Options Market Signals: IV rank: 19.8% (Low); Put/call volume ratio: 16.67 (Bearish sentiment).

Downside Protection: Support levels:

  • Lower Bollinger Band: $29.33
  • Previous low: $28.50

Market Context & Positioning

Sector Performance: Neutral, with the sector performing similarly to the broader market.

Institutional Activity: Moderate institutional interest, as seen in the options activity and volume flow.

Correlation Analysis: Correlated with the market (R-squared 0.55), indicating a high degree of price movement synchronization.

Relative Valuation: Positioning within a trading range, with limited upside potential due to historical low beta.

Key Levels & Action Items

Critical Price Levels: Support:

  • Lower Bollinger Band: $29.33
  • Previous low: $28.50
  • Resistance:
  • Upper Bollinger Band: $30.04
  • SMA 200: $31.22

Breakout/Breakdown Levels: Breakdown levels:

  • Previous low: $28.50
  • Lower Bollinger Band: $29.33

Time-Sensitive Catalysts: No immediate catalysts identified; medium-term, earnings reports may impact the stock's price.

Risk Management: Stop-loss levels:

  • Above resistance: $30.20
  • Below support: $29.00

Note that this analysis is based on the provided data and should not be considered as personalized investment advice.

Generated
News
Options Activity
IV Rank (30D)
19.75
IV Rank (7D)
75.93
Avg IV
24.1%
Straddle (30D)
$1.73
Straddle (7D)
$1.52
P/C Volume
16.67
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:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How 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 side

Which 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
ATM — / Wing —
30 DTE / 10d
pts EXTREME
ATM — / Wing —

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)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
0.25
Correlation (SPY)
54.6%
0.30
Ann. Volatility
5.9%
SPY Volatility
12.8%

Low volatility - stock moves less than market

Beta & Alpha Over Time
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month