TappAlpha Celebrates TSPY's Six-Month Anniversary with Strong Performance and Consistent Monthly Distributions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 18 2025
0mins
Source: Newsfilter
TappAlpha SPY Growth & Daily Income ETF Performance: TappAlpha celebrates the six-month milestone of its ETF (TSPY), which has achieved a total return of 11.17% since its launch, outperforming the S&P 500, and aims to provide consistent monthly distributions while reducing market volatility.
Investment Strategy and Risks: The fund employs a zero days to expiration (0DTE) covered call strategy on SPY shares for income generation, but it carries risks such as potential principal loss, high portfolio turnover, and sensitivity to market fluctuations.
Analyst Views on TSPY
Wall Street analysts forecast TSPY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSPY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 25.490
Low
Averages
High
Current: 25.490
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
