VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF
$18.70−0.13 (−0.71%)
- 0.95%
- $4M
- 0M sh
- $19.00
- low $17.32high $20.89
The ETF.net TPRY Grade
C
Score 40 out of 100
- 32 of 51
Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 43
- This cap took
- −3
- Published Score
- 40
Cost
The fund’s net expense ratio, ranked against its category.C51 out of 100Rank 23 of 51Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D35 out of 100Rank 32 of 46Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D39 out of 100Rank 32 of 51Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D38 out of 100Rank 32 of 42Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D36 out of 100Rank 41 of 51
Our read on TPRY
CA 13F clone with a paycheck attached. TPRY's equity sleeve mirrors the top 20 positions Appaloosa Management discloses, then an options overlay works to fund a high targeted distribution. The Tepper book, repackaged as income.
The fund primarily seeks income and secondarily seeks long-term capital appreciation.
Why people hold it
- The stock sleeve is rules-based, not a hunch: BITA's index takes the top 20 positions by weight from Appaloosa's latest 13F and rebalances quarterly.vistashares.com
- Income is manufactured by the options overlay rather than harvested from dividends, so the payout target doesn't hinge on what a concentrated 20-stock book happens to yield.vistashares.com
- At 0.95%, the fee sits right at the median for active options-overlay income funds. The unusual wrapper isn't priced as a premium.
Worth knowing
- VistaShares states it is not affiliated with Appaloosa or David Tepper. You hold what the last 13F disclosed, refreshed on the index's quarterly schedule, not live trades.vistashares.comvistashares.com
- The Target 15 label is a distribution goal, not a floor. The issuer says there's no assurance a distribution is paid and amounts may vary.vistashares.com
- Launched in 2026 and still one of the smaller, thinly traded names in its category, which typically means wider spreads and a short record to judge.
TPRY Holdings
- Stocks
- 44
- 69%
- MU
Geography
- United States80.95%
- Taiwan8.87%
- China7.47%
- Netherlands2.71%
TPRY 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.Not enough history yet.Not enough history yet.
TPRY$9,795
Returns run to the Oct 12, 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 | TPRY |
|---|---|
| Year to date | — |
| 1 month | +1.6% |
| 3 months | −2.0% |
| 1 year | — |
| 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 | TPRY |
|---|---|---|
| 2026 YTD | +4.3% |
TPRY in the news
Category Review
The payout and the result came apart in option-income funds
TPRY Dividends
- $0.24 per share
- Monthly
Distribution data unavailable.
Distribution history
TPRY Risk
- —
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.
- —
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.
- —
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.
- 1.11
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TPRY Cost
0.95%
TPRY0.95%
- The middle half of Active Option Income funds
- Median 0.95%
22 of the 51 Active Option Income funds charge less.
Other funds in Active Option Income
- CBIGYYieldMax Target 12 Big 50 Option Income ETFExpense ratio 1.09%1 year return +16.6%
- CVEGAAdvisorShares STAR Global Buy-Write ETFExpense ratio 1.25%1 year return +11.3%
- CEGGQNestYield Visionary ETFExpense ratio 0.95%1 year return +14.7%
- DUSOYOil Enhanced Options Income ETFExpense ratio 1.12%1 year return +71.3%
- DWEELPeerless Option Income Wheel ETFExpense ratio 1.24%1 year return +14.9%