All funds Single-stock covered call
SHPY Purpose Shopify (SHOP) Yield Shares ETF
Enhanced income from holding shares of Shopify by using a covered call strategy and moderate leverage
Last close $7.46 on Nov 10, 2026
Purpose Single-stock covered call 1.25x leverage Monthly
Official fund page on Purpose's siteIncome Durability Score
#33 of 66 single-stock covered call funds
Short record: 14 months, blended
Yield
35.4%
1-year return
-9.3%
Fee (MER)
1.16%
Worst drop
-35.6%
Liquidity
Medium
26.4K units a day
About $196,861 traded
Risk rating
Medium to high
Rated by Purpose
SHPY distribution history
Pays monthly. Last paid $0.220 a unit on Oct 28, 2026. $2.51 a unit in cash over the 12 months to then. What would $10,000 of SHPY pay? Try the income calculator.
| Pay date | Per unit |
|---|---|
| Oct 28, 2026 | $0.220 |
| Sep 28, 2026 | $0.220 |
| Aug 27, 2026 | $0.220 |
| Jul 29, 2026 | $0.220 |
| Jun 26, 2026 | $0.220 |
| May 27, 2026 | $0.220 |
| Apr 28, 2026 | $0.220 |
| Mar 27, 2026 | $0.220 |
| Feb 25, 2026 | $0.220 |
| Feb 9, 2026 | $0.0889 |
| Jan 28, 2026 | $0.220 |
| Dec 29, 2025 | $0.220 |
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Fund vs owning the stock itself
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What drives the score
- Income 100
- Capital 58
- Risk 18
- Costs 59
- Diversification 59
Each bar is out of 100. How the score is built.
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Data as of Nov 10, 2026. SHPY is shown for information only: this is not a recommendation to buy or sell it.