# Defiance S&P 500 Income Target ETF (SPYT) — Overview

SPYT · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/spyt

## Price

Last close $17.05 on Oct 15, 2026. 52-week range $15.83 – $18.63.

## Fund profile

SPYT is an actively managed fund-of-funds seeking to provide current income through option premiums from daily S&P 500 call spreads. The secondary objective of the fund is to seek exposure to the indexs performance.

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | Mar 7, 2024 |
| Assets under management | $168.5M |
| Expense ratio | 0.87% |
| Net asset value | $17.02 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Defiance S&P 500 Income Target ETF (SPYT)?

SPYT is an actively managed fund-of-funds seeking to provide current income through option premiums from daily S&P 500 call spreads. The secondary objective of the fund is to seek exposure to the indexs performance.

### What is SPYT's expense ratio?

Defiance S&P 500 Income Target ETF charges an annual expense ratio of 0.87%. The fund is issued by Tidal Investments LLC.

### How large is SPYT?

Defiance S&P 500 Income Target ETF manages $168.5M in assets and has traded since Mar 7, 2024.

### How do I buy shares of Defiance S&P 500 Income Target ETF (SPYT)?

SPYT trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).