VegaShares (“Vega”), a leading derivatives-focused ETF provider, announced the launch of the VegaShares SPX NDX RTY Premium Income ETF (Nasdaq: ODTE), an exchange-traded fund designed to generate, weekly income by selling one-day, out-of-the-money call options across three major U.S. equity benchmarks, including the S&P 500® Index, the Nasdaq-100 Index®, and the Russell® 2000 Index.
“ODTE systematically harvests short-dated implied volatility as a source of income,” said Adam Stempel, Co-Founder and Managing Partner of Vega. “By resetting the option strikes daily, market timing risk is potentially reduced, and each trading day starts with a new opportunity for income and growth.”
The exposure to each index is actively weighted based on Vega’s quantitative framework. It incorporates multiple volatility factors with the goal of maximizing premium income vs risk, as well as improving risk-adjusted return. By writing index options that qualify as Section 1256 contracts, distributions are potentially eligible for 60% long-term / 40% short-term capital gain or loss tax treatment.
About VegaShares
VegaShares specializes in derivatives-based ETFs and other innovative investment strategies. Developed by institutional-level experts, VegaShares blends quantitative research with disciplined risk management to create liquid, exchange-traded tools for modern investors seeking efficiency, precision, and performance.
Before investing, carefully consider the fund's investment objectives, risks, and charges and expenses. The prospectus and summary prospectus contain this and other important information and may be obtained by visiting VegaSharesETFs.com or calling 1-888-862-3299. Read it carefully before investing.
An investment in the fund is subject to risks, and you could lose money on your investment in the fund. There can be no assurance that the fund will achieve its investment objective. Your investment in the fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The risks associated with an investment in the fund can increase during times of significant market volatility. The fund also has specific principal risks, which are described below. More detailed information regarding these risks can be found in the fund's prospectus.
Investing involves risks. Loss of principal is possible. The fund faces numerous market trading risks, including authorized participation concentration risk, capital protection risk, capped upside risk, cash holdings risk, clearing member default risk, correlation risk, derivatives risk, equity securities risk, investment timing risk, large-capitalization investing risk, liquidity risk, market maker risk, market risk, non-diversification risk, options risk, premium-discount risk, secondary market trading risk, sector risk, tax risk, trading issues risk, underlying ETF risk and valuation risk. For a detailed list of fund risks see the prospectus.
The Fund intends to make weekly distribution payments to shareholders. A significant portion of the distributions may be characterized as a return of capital.
The fund, its investment adviser Vega Capital Partners LLC (the “Adviser”), and its distributor do not provide tax, legal, or investment advice. Investors should consult a financial professional regarding an investment in the fund and should carefully consider the fund’s investment objectives, risks, charges, and expenses before investing.
The VegaShares SPX NDX RTY Premium Income ETF is a series of VegaShares ETF Trust (the “Trust”) and is an exchange traded fund. Shares of the fund are bought and sold at market price (not net asset value) and are not individually redeemed from the fund. Brokerage commissions and bid/ask spreads will reduce returns.
The S&P 500 Index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by the Adviser. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by the Adviser. VegaShares SPX NDX RTY Premium Income ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.
Nasdaq®, Nasdaq-100 Index®, NDX®, Nasdaq-100®, are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by the Adviser. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCTS.
London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). ©LSE Group 2026. FTSE Russell is a trading name of certain of the LSE Group companies. “FTSE®” “Russell®”, “FTSE Russell®” are trade marks of the relevant LSE Group companies and are used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
Fund distributed by: Foreside Fund Services, LLC, not affiliated with Vega Capital Partners LLC, or its affiliates.
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Contacts
Media Contact:
press@VegaSharesETFs.com