State Street US Equity Premium Income ETF
$32.78−0.18 (−0.55%)
- 0.25%
- $46M
- +6.6%
- 5.38%
- 3.8K sh
- low $29.64high $34.02
The ETF.net SPIN Grade
A
Score 72 out of 100
- 5 of 16
Score 72 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A100 out of 100Rank 1 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.A90 out of 100Rank 5 of 8Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D31 out of 100Rank 12 of 14Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C45 out of 100Rank 9 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B61 out of 100Rank 8 of 15Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B61 out of 100Rank 7 of 16
Our read on SPIN
In short
AState Street's take on the covered-call boom: an actively picked book of large- and mid-cap US stocks with index calls written over the top, priced at 0.25% a year, a fraction of the typical options-income fee.
Stated mandate
SPIN seeks current income while retaining potential for long-term growth. It actively invests in large- and mid-cap U.S. stocks selected for fundamentals, valuation, and growth prospects, while dynamically selling calls on a U.S. large-cap exposure such as the S&P 500 to add monthly income.
Why people hold it
Worth knowing
SPIN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
SPIN$10,662
Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SPIN |
|---|---|
| Year to date | +5.6% |
| 1 month | −2.0% |
| 3 months | +1.6% |
| 1 year | +6.6% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SPIN |
|---|---|---|
| 2026 YTD | +5.6% | |
| 2025 | +14.2% | |
| 2024 | +6.1% |
SPIN in the news
SPIN Dividends
- 5.38%
- $1.76
- $0.15 per share
- Monthly
SPIN Risk
- 9.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.73
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −16.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.64
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
SPIN Cost
Cheapest in S&P 500 Active Option Income
$5,159
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
SPIN 0.25%
$5,159
Cost over time
Year by year
| Year | SPIN |
|---|---|
| 10 | $455 |
| 20 | $1,769 |
| 30 | $5,159 |
Other funds in S&P 500 Active Option Income
- AROCYJPMorgan Equity Premium Yield ETFExpense ratio 0.35%1 year return
- ADIVOAmplify CWP Enhanced Dividend Income ETFExpense ratio 0.56%1 year return +12.6%
- AHELOJPMorgan Hedged Equity Laddered Overlay ETFExpense ratio 0.50%1 year return +5.4%
- ADUBSAptus Large Cap Enhanced Yield ETFExpense ratio 0.40%1 year return +14.8%
- CJUDOJanus Henderson U.S. Equity Enhanced Income ETFExpense ratio 0.55%1 year return
