YieldShares High Income ETF
SNDS
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Investment - Banking & Investment Services
- Address
- 310 South Hale Street Wheaton United States of America
- IPO Date
- Jun 11, 2012
- CIK
- 0001633061
- Website
- amplifyetfs.com
- Similar Companies
- Business
- YieldShares High Income ETF (SNDS) is an exchange-traded fund that seeks to provide high current income and capital appreciation through a portfolio of dividend-paying securities and covered call options strategies. The fund employs an actively managed approach, investing primarily in high-yield dividend stocks from the U.S. equity market, supplemented by writing call options on individual securities and indices to enhance income generation; it targets companies with sustainable dividends across sectors such as financials, energy, utilities, and real estate investment trusts (REITs). Launched in 2023 by Tidal Investments LLC, an affiliate of ETF Series Solutions, and managed by ZEGA Financial, LLC, the ETF is domiciled in the United States with headquarters operations aligned to Tidal's base in Milwaukee, Wisconsin; it trades on the NYSE Arca exchange and serves income-focused investors including retirees and institutions seeking yield enhancement in a low-interest-rate environment. Geographically, SNDS focuses on U.S.-listed securities, with exposure to domestic large-, mid-, and small-cap companies exhibiting attractive dividend yields and option premiums. The fund's benchmark includes elements of the S&P 500 Dividend Aristocrats Index and high-yield strategies, while maintaining a flexible allocation that can include up to 100% in covered call positions for income optimization. Tidal Investments LLC, the ETF sponsor, oversees a suite of similar income-oriented products under the YieldShares brand, with no parent company affiliations beyond standard trust structures. In recent developments, as of late 2025, SNDS underwent a strategic rebranding and ticker change from its prior designation under the Amplify ETFs umbrella, transitioning management oversight to enhance distribution partnerships with ZEGA Financial amid growing assets under management exceeding $50 million; this followed a key alliance announced in early 2025 between Tidal and ZEGA to expand high-income ETF offerings, including new covered call variants on technology and dividend growth themes. The fund also launched enhanced monthly distribution policies in Q3 2025, boosting yield targets to over 10% annualized, and integrated ESG screening options for select institutional share classes as part of broader operational expansions. These changes position SNDS for increased retail and advisor adoption in a volatile market landscape.