VistaShares
$ACKY

VistaShares Target 15™ ACKtivist Distribution ETF (NYSE: ACKY)

Last updated: February 5, 2026

Advertising Disclosure

WOLF Financial LLC (“WOLF Financial”) may publish content referencing the VistaShares Target 15™ ACKtivist Distribution ETF (“ACKY”). WOLF Financial has a business relationship with VistaShares.

This relationship creates a potential conflict of interest.

About This ETF

ACKY is an actively managed options-based income ETF designed to provide high monthly income while maintaining exposure to a concentrated equity portfolio inspired by the publicly disclosed holdings of Pershing Square Capital Management.

  • Investment objective: Income, secondarily long-term capital appreciation

  • Expense ratio: 0.95%

  • Inception date: September 9, 2025

  • Primary exchange: NYSE

  • Distribution frequency: Monthly

ACKY is not affiliated with Pershing Square Capital Management or William Ackman.

Investment Strategy

ACKY’s strategy consists of two components:

  1. Equity Exposure
    The Fund invests directly or indirectly in equity securities based on the BITA VistaShares Pershing Square Portfolio Top Picks Index, which reflects publicly disclosed hedge fund positions.

  2. Options-Based Income Strategy
    The Fund employs a systematic options strategy designed to generate income, with the goal of achieving an annualized income target of 15%, distributed monthly.

There is no guarantee that the Fund will achieve its income target or make a distribution in any given month.

Distribution and Income Notes

  • ACKY is designed as an income-focused ETF, not a traditional dividend fund.

  • Distributions may consist of option premiums, dividends, capital gains, interest, and/or return of capital.

  • A high distribution rate does not imply positive total returns.

  • Return of capital distributions reduce an investor’s cost basis and may have tax implications.

Important Risk Disclosures

Investing involves risk, including possible loss of principal.

Key risks include, but are not limited to:

  • Options and derivatives risk

  • Concentrated portfolio risk

  • Equity market risk

  • Premium/discount risk

  • Return of capital risk

  • New fund risk / limited operating history

ACKY may underperform or experience losses during periods of market volatility or unfavorable options market conditions.

Position Disclosure

As of the date above, WOLF Financial LLC and its affiliated creators do not hold positions in ACKY.

No Investment Advice

This page is provided for informational and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any security.

WOLF Financial LLC is not a registered investment adviser or broker-dealer.

Investors should carefully review the Fund’s prospectus and consider their own financial circumstances before investing.

Compensation

VistaShares is paying WOLF Financial $60k for social media promotion and live events from December 1st 2025 to March 1st, 2026.

Official Fund Resources

WOLF Financial

The old world’s gone. Social media owns attention, and we’ll help you own social.

Take three minutes to tell us about your company and find out how we can help it grow.
Get Started
Get Started