On Tuesday, Defiance ETFs released a new addition to their options income ETF library with the Defiance S&P 500 Target Income ETF (NYSE Arca: SPYT). The new fund has an expense ratio of 1.05%. SPYT is actively managed and uses an options-based etf strategy to generate cash flows in the immediate or short-term. The options-based etf [...] The post Defiance Debuts New Options-Based ETF appeared first on ETF Trends .