IQ

SPYT · Defiance S&P 500 Income Target ETF

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$16.58
+1.5% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

SPYT is actively managed and returned +12.7% over the past year.

Why did SPYT return +12.7% over one year, against VOO’s +14.8%?Is a 0.92% fee low for a fund like SPYT?What does SPYT cost to hold and to trade?
Equity fund · Actively managedExpense ratio 0.92%Fund assets $166m on Nov 3, 2026First traded Mar 7, 2024Benchmark S&P 500 Total Return Index, measured by VOO, which tracks the same indexFund page at the issuer ↗SEC filings ↗Dividend history

SPYT returned +12.7% over the year to Nov 4, 2026, charges 0.92% a year and holds $166m in net assets on Nov 3, 2026.

Promise check: Not measuredIt names no index it tracks.

Compare with…Trading costsPut to the committeeaskIQ about SPYTAdd to portfolioAlerts

SPYT risk and return scorecard

Not measured: no scorecard was computed for this fund.

Method

What you earned

SPYT −1.4%, VOO −1.1%: total return over one month to Nov 4, 2026.
SPYT−1.4%
VOO−1.1%
SPYT −0.3%, VOO −0.1%: total return over three months to Nov 4, 2026.
SPYT−0.3%
VOO−0.1%
SPYT +4.4%, VOO +5.0%: total return over six months to Nov 4, 2026.
SPYT+4.4%
VOO+5.0%
SPYT +12.0%, VOO +13.4%: total return over the year to Nov 4, 2026.
SPYT+12.0%
VOO+13.4%
SPYT +12.7%, VOO +14.8%: total return over one year to Nov 4, 2026.
SPYT+12.7%
VOO+14.8%
SPYT +42.4%, VOO +54.1%: total return since launch to Nov 4, 2026.
SPYT+42.4%
VOO+54.1%
askIQ: why did SPYT return +12.7% over one year, against VOO’s +14.8%? ↗

How concentrated, and what does it cost?

No index, actively managed
+12.7%
Total return, 1 year
Report
0.92%
Expense ratio
Report
3
Holdings
Report
−2.0%
Below its high
Report
19.4%
12-month yield, capital gains included, on its starting price
Report
$0.2825
Last payment (paid monthly), ex-date Nov 2, 2026
Report
Sector mix
Cost against like funds
askIQ: is a 0.92% fee low for a fund like SPYT? ↗

More on SPYT

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Price and total return, 1 year

$16.58+1.5%1 day, priceClose, Nov 4, 2026

Total return adds every distribution, reinvested. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

SPYT returns by window: total return, cash paid and price change
WindowTotal returnBenchmark (VOO)Gap to VOO
1M Oct 5 – Nov 4, 2026−1.4%−1.1%−0.3 pts
3M Aug 5 – Nov 4, 2026−0.3%−0.1%−0.2 pts
6M May 6 – Nov 4, 2026+4.4%+5.0%−0.6 pts
YTD Dec 31, 2025 – Nov 4, 2026+12.0%+13.4%−1.4 pts
1Y Nov 4, 2025 – Nov 4, 2026+12.7%+14.8%−2.1 pts
Since launch Mar 7, 2024 – Nov 4, 2026+42.4%+54.1%−11.7 pts
Since launch, annualised Mar 7, 2024 – Nov 4, 2026+14.2%––

Total returns, distributions reinvested. Listed Mar 2024: no 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

SPYT key stats

52-week high, daily closes to Nov 4, 2026 (ETFIQ)$18.15 on Nov 28, 2025
52-week low, daily closes to Nov 4, 2026 (ETFIQ)$15.83 on Mar 30, 2026
Close on Nov 4, 2026, within that range (ETFIQ)$16.58, 32% of the way from the low to the high
Holdings3
Top ten weight99.8%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Nov 4, 2026
Trading · SPYTas of Nov 4, 2026
·
Not scored3 of 6 measured · Nov 4, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
Premium or discount to NAV, Nov 3 close−0.06%
−0.6%95% of days within ±0.48% · the 1% band is off this scale+0.6%
How to tradeSpread not read.Its holdings close before New York; its price can drift from value late in the day.
Full trading page: components, premium history, dealers →

SPYT for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
SPYT interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

SPYT is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work

About SPYT

What it tracksNo index, actively managed
Fund typeEquity fund
Category (ETFIQ)Stocks · U.S. large-cap blend
Expense ratio (485BPOS XBRL, Dec 22, 2025)0.92%
Price$16.58
First tradedMar 7, 2024
Net assets (the issuer’s own daily fund list, as of Nov 3, 2026)$166mReport
Benchmark (ETFIQ, from its filings)S&P 500 Total Return Index, measured by VOO, which tracks the same index
Benchmark named inits shareholder report, N-CSR, Nov 7, 2025
SPYT, 1 year to Nov 4, 2026+12.7%
VOO, the same days+14.8%
Against its benchmark, 1 year (ETFIQ)−2.1 pts
Below its high (ETFIQ)−2.0%
Holdings3
Top ten weight99.8%
Cash, not in the top ten0.2%
Holdings published for (the issuer’s daily file)Nov 4, 2026
Holdings as of the close of (the issuer’s daily file)Nov 4, 2026
Already in the S&P 500, by weight (ETFIQ)0.0%
Active share vs the S&P 500 (ETFIQ)100.0%
Already in the Nasdaq-100, by weight (ETFIQ)0.0%
IQ Investment Committee on SPYT

12 seats on SPYT, as of Nov 4, 2026: 2 Supports, 1 Mixed, 4 Challenges, 4 Not enough data, 1 Does not apply.

In the tradition ofJohn BogleBogle-style Low CostMixed
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyDoes not apply
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskChallenges
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationSupports
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingSupports
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatChallenges
Put SPYT to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about SPYT

How has SPYT performed?
Over the year to Nov 4, 2026, SPYT returned +12.7% with distributions reinvested, against +14.8% for the S&P 500.
What does SPYT cost?
The prospectus expense ratio is 0.92% a year.
What does SPYT hold?
3 positions as published by its issuer for Nov 4, 2026, with the top ten at 99.8% of the fund. 0% of its weight is in stocks the S&P 500 also holds.
How far is SPYT below its high?
2.0% below its high of Oct 13, 2026, measured on the reinvested series to Nov 4, 2026.
Sources and dates
Prices, SPYT and Benchmark (VOO)Tiingo end-of-day · Nov 4, 2026
Fee, 0.92%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $166mThe issuer’s own daily fund list · Nov 3, 2026
IssuerHoldings, the issuer’s own daily file ↗
IssuerDefiance page for SPYT ↗
All fund filingsFund filings on SEC EDGAR ↗
Defiance’s own site ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
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ETFIQ, SPYT, stock fund, data as of Nov 4, 2026. https://etfiq.com/funds/spyt

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

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SPYT: SPYT over 1 year: total return +12.7%, its benchmark S&P 500 Total Return Index through VOO +14.8%, −2.1 pts. Data to Nov 4, 2026.
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<iframe src="https://etfiq.com/embed/core/spyt/" title="SPYT: SPYT over 1 year: total return +12.7%, its benchmark S&amp;P 500 Total Return Index through VOO +14.8%, −2.1 pts. Data to Nov 4, 2026." width="640" height="370" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">SPYT: SPYT over 1 year: total return +12.7%, its benchmark S&amp;P 500 Total Return Index through VOO +14.8%, −2.1 pts. Data to Nov 4, 2026. Data: <a href="https://etfiq.com/funds/spyt">ETFIQ</a></figcaption>
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