TSPYTappAlpha SPY Growth & Daily Income ETF

Issuer： Tapp Finance, Inc. (d/b/a TappAlpha) · Type： ETF

Positioning： High Income

Coverage / Underlying

SPDR S&P 500 ETF Trust (SPY) + S&P 500-linked call options (written daily; 0DTE)

Listed at: 2024-08-14

Expense ratio: 0.77%

Strategy brief

Seeks current income while maintaining prospects for capital appreciation; secondary objective seeks exposure to SPY (with a cap on potential gains); generates income by writing same-day-expiring call options daily to capture rapid time decay (0DTE).

Dividend TTM (last 12M)

13.94% / annualized

Uses recent cash distributions relative to price; focuses on cash-flow strength.

Dividend strengthHigh

Capital growth (price / total return)

1.85% / annualized

Summarises the asset’s long-term price trend; higher values look more growth-like.

Growth strengthLow

Erosion (using principal?)

Checks whether total return can support the payout, to flag if distributions may be coming from principal.

Erosion riskNo

Stability (volatility experience)

Blends beta, volatility and drawdowns to show how stable or shaky the experience is.

StabilityLow

Based on latest month: 2026-02

Data sufficiency

Latest window: insufficientSome months: insufficient

Historical signals Last 3 years · Monthly

Distribution of signals (income, growth, erosion, stability) in the last 3 years. For month-by-month detail, open the table dialog below.

Metrics history Last 3 years · Monthly

Shows how a metric evolved over the last 3 years. Switch metrics below. For month-by-month detail, open the table dialog on the bottom-right.