Morningstar

Defiance S&P 500 Target Income ETF SPYT

Morningstar Medalist Rating
Medalist Rating as of | See Defiance Investment Hub

Morningstar’s Analysis SPYT

Will SPYT outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SPYT’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SPYT management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SPYT’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Defiance S&P 500 Target Income ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings SPYT

More SPYT Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares Core S&P 500 ETF

99.59 158M
—

OTHER ASSETS AND LIABILITIES

0.90 1M
—

First American Government Obligs X

0.61 970,235
Cash and Equivalents

Option On S&P 500 Index Aug26

0.18 285,119
—

Cash Offset

0.09 142,137
—

Option On S&P 500 Index Aug26

−0.27 −427,256
—

US DOLLARS

−1.10 −2M
Cash and Equivalents

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