GraniteShares YieldBOOST COIN ETF
CThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$14.12+0.09 (+0.64%)
- 1.07%
- $15M
- −58.5%
- 0M sh
- $14.07
- low $13.73high $96.42
The ETF.net COYY Grade
C
Score 42 out of 100
- 38 of 72
Score 42 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D34 out of 100Rank 37 of 72Mission
Whether the fund did what it promised, tested against its stated mandate.C51 out of 100Rank 34 of 49Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F16 out of 100Rank 60 of 66Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B61 out of 100Rank 21 of 72Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B67 out of 100Rank 18 of 72
Our read on COYY
CMost COIN income funds sell options on Coinbase stock. COYY sells them on a 2x Coinbase ETF instead, aiming to pull twice the premium out of an already jumpy trade, with its upside capped in exchange.
The Fund seeks to generate twice the income from selling options on leveraged ETFs designed to deliver twice the daily performance of Coinbase Global, Inc., while also seeking capped exposure to that leveraged ETF’s performance.
Why people hold it
- The twist: premiums come from options on a 2x Coinbase ETF, not COIN itself, so the fund is harvesting a fatter volatility surface by design.graniteshares.com
- It isn't income-only. The mandate also seeks capped exposure to the leveraged ETF's performance, so shareholders keep a slice of the move.graniteshares.com
- Exotic engine, ordinary plumbing: a 1940 Act ETF you trade in a brokerage account, with 1099 tax reporting rather than a partnership K-1.
Worth knowing
- The payoff is lopsided by construction. Gains are capped, while the fund still shoulders declines in a Coinbase ETF built to move twice as hard.
- Fee is 1.07% a year, the top of the COIN options-income cluster next to CONY at 1.04% and FIAT at 1.05%.
- A 2025 launch, still small and lightly traded, and its implementation currently sits in the lower tier of the COIN income group. Payouts can include return of capital.
COYY Holdings
- Other
- 5
- 102%
- US TBill 10/22/2026
Geography
- United States100.00%
COYY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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COYY$4,155
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | COYY |
|---|---|
| Year to date | −36.8% |
| 1 month | −5.6% |
| 3 months | −7.4% |
| 1 year | −58.5% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | COYY |
|---|---|---|
| 2026 YTD | −36.8% | |
| 2025 | −40.5% |
COYY in the news
COYY Dividends
- $0.18 per share
- Weekly
Distribution data unavailable.
Distribution history
COYY Risk
- 24.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −3.41
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −64.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.31
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
COYY Cost
1.07%
COYY1.07%
- The middle half of Single-Stock Option Income funds
- Median 1.07%
35 of the 71 Single-Stock Option Income funds charge less.
Other funds in Single-Stock Option Income
- CAMYYGraniteShares YieldBOOST AMD ETFExpense ratio 1.07%1 year return +24.9%
- CCVNYYieldMax CVNA Option Income Strategy ETFExpense ratio 1.09%1 year return −1.4%
- CXOMOYieldMax XOM Option Income Strategy ETFExpense ratio 1.17%1 year return +36.8%
- CSMYYGraniteShares YieldBOOST SMCI ETFExpense ratio 1.07%1 year return −32.9%
- CAHDGraniteShares Autocallable HOOD ETFExpense ratio 1.07%1 year return —