ProShares - S&P 500 High Income ETF (ISPY)
ProShares - S&P 500 High Income ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $48.49, up 0.85% on the session, giving a market capitalisation of $1.27B. Its beta of 0.86 implies it has historically moved less than the broad market.
The fund's investment approach involves strategically deploying capital into a collection of financial instruments that ProShare Advisors believes will collectively replicate the performance of the underlying benchmark. Typically, the fund allocates a minimum of 80% of its total assets to securities that comprise the index or to other investments with comparable economic attributes.
ProShares - S&P 500 High Income ETF is most often compared with the following Financial Services names: