---
ticker: "SPYT"
name: "Defiance S&P 500 Target Income ETF"
url: "https://etf.net/etf/SPYT"
grade: "C"
score: 49
graded_at: "2026-10-12"
category: "S&P 500 Option Income"
category_rank: "33 of 52"
methodology: "https://etf.net/methodology"
---

# SPYT: Defiance S&P 500 Target Income ETF

Grade **C**, Score 49 of 100. Rank 33 of 52 in S&P 500 Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 20 | 42 of 52 |
| Mission | 99 | 13 of 35 |
| Risk | 30 | 41 of 52 |
| Tradability | 52 | 22 of 52 |
| Holdings | 38 | 33 of 41 |
| Durability | 53 | 32 of 52 |

## Top holdings

The fund holds 4 positions. These are the largest 4, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | IVV | iShares Core S&P 500 ETF | 99.61% |
| 2 | — | Cash & Other | 0.26% |
| 3 | — | First American Government Obligations Fund 12/01/2031 | 0.22% |
| 4 | — | Spx 10/13/2026 7825.2 C | 0.08% |

Source: etf.net, https://etf.net/etf/SPYT. Please cite the page URL.
