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ISIN: XS2875106242 Copied

S&P500 Options (0DTE) ETP

Distribution Yield: 30.94%*
*As of 28.10.2025. Past performance is not indicative of future results.

Buy SPYY

Key Information

Strategy
Cash-Secured Put + Equity
Reference Asset
0DTE
Distributions
Monthly
Expense Ratio
0.45%
Inception Date
28 August 2024

Why S&P500 Options ETP?

maximum-income

Maximum Income

upside-exposure

Upside Exposure

partial-downside-protection

Partial Downside Protection

The IncomeShares S&P500 Options (0DTE) ETP dynamically allocates between directly investing in SPDR S&P 500 ETF Trust shares (Nasdaq: SPY) and selling each day ‘Zero Days to Expiration’ options on the S&P500 Index or the SPDR S&P 500 ETF Trust. The strategy aims to generate monthly income while retaining upside exposure to the extent of its holding in SPY shares and the strikes of puts sold ITM. The ETP will also earn a return on the uninvested cash.

Capital at risk. You may lose some or all of your investment.

Distribution Details

As of 28 Oct 2025
Declaration Date Ex-Date Record Date Payment Date Distribution Per Share
30 Sep 2025 01 Oct 2025 02 Oct 2025 10 Oct 2025 $0.1503
29 Aug 2025 01 Sep 2025 02 Sep 2025 10 Sep 2025 $0.1615
31 Jul 2025 01 Aug 2025 04 Aug 2025 12 Aug 2025 $0.1996

Your total return till today, given you'd invested $10,000.00 on 28 August 2024

Starting Amount
$10,000.00
Price Gain
$-4,158.37
Price Growth (CAGR)
$-36.15
Dividends
$5,215.91
Total Gain
$1,057.54
End Balance
$11,057.54
Total Return
10.58%
Total Return (CAGR)
8.75%
Distribution Calendar

Distribution Calendar

Declaration Date Ex-Date Record Date Payment Date Distribution Per Share
31 Jan 2025 03 Feb 2025 04 Feb 2025 12 Feb 2025 $0.4415
28 Feb 2025 03 Mar 2025 04 Mar 2025 12 Mar 2025 $0.456
31 Mar 2025 01 Apr 2025 02 Apr 2025 10 Apr 2025 $0.6495
30 Apr 2025 01 May 2025 02 May 2025 12 May 2025 $1.0487
30 May 2025 02 Jun 2025 03 Jun 2025 11 Jun 2025 $0.4164
30 Jun 2025 01 Jul 2025 02 Jul 2025 10 Jul 2025 $0.274
31 Jul 2025 01 Aug 2025 04 Aug 2025 12 Aug 2025 $0.1996
29 Aug 2025 01 Sep 2025 02 Sep 2025 10 Sep 2025 $0.1615
30 Sep 2025 01 Oct 2025 02 Oct 2025 10 Oct 2025 $0.1503
31 Oct 2025 03 Nov 2025 04 Nov 2025 12 Nov 2025 N/A
28 Nov 2025 01 Dec 2025 02 Dec 2025 10 Dec 2025 N/A
31 Dec 2025 02 Jan 2026 05 Jan 2026 13 Jan 2026 N/A
Declaration Date Ex-Date Record Date Payment Date Distribution Per Share
30 Sep 2024 01 Oct 2024 02 Oct 2024 10 Oct 2024 $0.64
31 Oct 2024 01 Nov 2024 04 Nov 2024 12 Nov 2024 $0.263
29 Nov 2024 02 Dec 2024 03 Dec 2024 11 Dec 2024 $0.194
31 Dec 2024 02 Jan 2025 03 Jan 2025 13 Jan 2025 $0.311

Listings & Tickers

Country Exchange Base Currency Trading Currency Exchange Code ISIN SEDOL BBG Ticker RIC WKN Listing Date
UK London Stock Exchange USD USD SPYY XS2875106242 BM8ZBD0 SPYY LN SPYY.L N/A 28 Aug 2024
UK London Stock Exchange USD GBP SPYO XS2875106242 BM8ZBG3 SPYO LN SPYO.L N/A 28 Aug 2024
DE Deutsche Börse Xetra USD EUR DSPY XS2875106242 BQNKXG5 DSPY.GY DSPY.DE A4A50P 15 Nov 2024
NL Euronext Amsterdam USD EUR SPYY XS2875106242 BR4ZXF5 SPYY NA SPYY.AS N/A 15 Oct 2025

Holdings

As of 27 Oct 2025

Full Holdings List (CSV)
Name Ticker Weight, % SEDOL Market Price Currency Shares Held Market Value
Cash Cash_USD_56 74.19% Cash 1 USD 5,270,070 5,270,070
SPDR S&P 500 ETF TRUST SPY 26.07% 2840215 685.24 USD 2,703 1,852,200
SPY Oct28'25 686.0 Put SPY 251028P00686000 -0.09% N/A 1.698 USD -39 -6,622
SPY Oct28'25 688.0 Put SPY 251028P00688000 -0.17% N/A 3.0326 USD -39 -11,827

Net Asset Value

NAV (as of '27 Oct 2025')
$5.83
Daily Change (of NAV)
0.03
Daily Return (based on % NAV change)
0.60%
Shares Outstanding
1,218,500

Structure

Structure
ETP
Domicile
Ireland
Replication Method
Physical
Use of Income
Distributing
Underlying Asset
SPY + cash + short puts on SPY

Tax & Legal

UCITS Eligible
Yes
UK Fund Reporting Status
Pending
SIPP
Yes
ISA
Yes
US IRS Sec 871(m)
Not applicable

Key Services Providers

Issuer
Leverage Shares PLC
Arranger
Leverage Shares Management Company Limited
Trustee
Apex Corporate Trustees (UK) Limited
Issuing and Paying Agent
Elavon Financial Services DAC
Registrar
Elavon Financial Services DAC
Custodian
Interactive Brokers LLC and/or Morgan Stanley & Co LLC
Portfolio Administrators
Flexinvest Limited
Determination Agent
Calculation Agent Services LLC
Broker Dealer of Record
GWM Limited
Authorised Participants
Virtu Financial Ireland Limited

ETP Documents

Fact Sheet
Final Terms
Final Terms FCA
Final Terms CBI
Key Information Documents
2025-10 UK DE ES FR IT NL PL SV
2025-09 UK DE ES FR IT NL PL SV
2025-08 UK DE ES FR IT NL PL SV
2025-07 UK DE ES FR IT NL PL SV
2025-06 UK DE ES FR IT NL PL
2025-05 UK DE ES FR IT NL PL
2025-04 UK DE ES FR IT NL PL
2025-03 UK DE ES FR IT NL PL
2025-02 UK DE ES FR IT NL PL
2025-01 UK DE ES FR IT NL PL
2024-12 UK DE ES FR IT NL PL
2024-11 UK DE ES FR IT NL PL
2024-10 UK DE ES FR IT NL PL
2024-09 UK DE ES FR IT NL PL
2024-08 UK DE ES FR IT NL
Reportable Income
EMT
Supplemental Trust Deed
Prospectus
Prospectus (FCA) 23 June 2025
Prospectus (CBI) 23 June 2025
Prospectus (FCA) 17 July 2024
Prospectus (CBI) 17 July 2024
Prospectus (FCA) 15 March 2024
Prospectus (CBI) 15 March 2024
Prospectus (FCA) 18 October 2023
Prospectus (CBI) 18 October 2023
Prospectus (FCA) 04 May 2023
Prospectus (CBI) 04 May 2023
Supplement 17 October 2022
Supplement 01 June 2022
Prospectus 16 May 2022
Prospectus 07 December 2021
Supplement 08 October 2021
Supplement 17 September 2021
Supplement 06 May 2021
Supplement 04 March 2021
Prospectus 18 December 2020
Prospectus 09 November 2020
Prospectus 05 February 2020

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This is a financial promotion for the purposes of s21 of the UK Financial Services and Markets Act 2000 (“FSMA”) which has been approved by Leela Capital Regulatory Solutions Limited (“LCRS”), authorised by the Financial Conduct Authority (FCA) (FRN 845185) for communication by Leverage Shares Management Company Limited as at 1st June 2025. LCRS is incorporated in England and Wales, company number 10161396, registered office 82 St John Street, London, EC1M 4JN

Please refer to the ETP Prospectus and Key Investor Information Document (“KIID”) before making any investment decisions.

Prospect Avenue, Clontarf, Dublin 3, Ireland and is Registered in Ireland under registration number 596207.

The information is intended only to provide general and preliminary information to investors and shall not be construed as investment, legal or tax advice. Leverage Shares Public Limited Company and the Arranger (together referred as “Income Shares”) assume no liability with regards to any investment, divestment or retention decision taken by the investor on the basis of this information.

Opinions are current as of the publication date and are subject to change with market conditions.

Investing involves high risks, including potential loss of all your money. Investors should be aware that past performance is not a reliable indicator of future results. Forecasts are not a reliable indicator of future performance. Seek independent advice where necessary.

© Income Shares 2025