VistaShares Target 15 S&P 100 Distribution ETF (SIOO)

The VistaShares Target 15 S&P 100 Distribution ETF is an exchange-traded fund from VistaShares that combines exposure to large U.S. companies with a high-distribution strategy. Its equity exposure is based on the S&P 100, which covers about one hundred large, established companies in the United States.

The fund aims to pay distributions at an annual rate of around 15%, generated largely through an options-based income strategy layered on top of its equity holdings. Distributions at that level may include a return of capital, and the option overlay can limit the fund's participation in strong market rallies.