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COYY

GradeDNASDAQ

GraniteShares YieldBOOST COIN ETF

Single-stock strategy · Option Income · GraniteShares · Inception 2025-07-29

This fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.

$15.28+0.00 (+0.07%)

As of Sep 23, 2026, 3:08 PM EDT

History starts Jul 29, 2025.
Intraday session: flat, 51 prints from 15.28 to 15.28. Range 15.25 to 15.31. Use the arrow keys to read each point.$15.26$15.3010 AM12 PM2 PM4 PM
Expense ratio
1.07%
Fund size
$18M
1Y return
−60.1%
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$15.26
52W range
low $15.03high $114.35

The ETF.net COYY Grade

D

34/ 100

Rank 57 of 72 in Single-Stock Option Income

Confidence High

Six-pillar profile for COYY. Scores out of 100: Cost 34, Risk 16, Mission 20, Tradability 66, Holdings not scored, Durability 67. Strongest: Durability (67). Weakest: Risk (16). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 34 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 34
    Category rank42/72 · mid-pack
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    FScore 20
    Category rank42/49 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 16
    Category rank61/65 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 66
    Category rank13/72 · top 18%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 67
    Category rank19/72 · top 26%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on COYY

ETF.net Research

DMost 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.

Stated mandate

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

  1. 01The 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
  2. 02It 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
  3. 03Exotic 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

  1. 01The payoff is lopsided by construction. Gains are capped, while the fund still shoulders declines in a Coinbase ETF built to move twice as hard.
  2. 02Fee is 1.07% a year, the top of the COIN options-income cluster next to CONY at 1.04% and FIAT at 1.05%.
  3. 03A 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

As of Sep 21, 2026, 4:06 AM
Asset class
Other
Holdings
Top-10 weight
102%
Largest holding
US TBill 10/22/202639.8%

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001US TBill 10/22/202639.83%7,000,000$7M31
002US Dollars32.99%5,776,496$6M85
003US TBill 02/04/202728.11%5,000,000$5M26
0042CONL 09/23/2026 P4.120.54%27,520$95K1
0052CONL 09/18/2026 P4.790.20%11,910$36K1

Showing 1–5 of 5 holdings

COYY Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

COYY$3,991
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. COYY $3,991. SPY $11,723. Use the arrow keys to read each point.$3,256$7,824$12,392Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for COYY. Periods over one year show the average yearly return.
PeriodCOYY
Year to date−33.7%
1 month−3.8%
3 months−5.0%
1 year−60.1%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for COYY
YearReturn barCOYY
2026 YTD−33.7%
2025−40.5%

Since listing, Jul 29, 2025

COYY in the news

ETF.net Research hasn’t filed on COYY yet — coverage lands here as it’s written.

COYY Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.19 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Weekly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 38 payments in 2026 YTD. Jan 2, 2026 $1.37; Jan 9, 2026 $1.34; Jan 16, 2026 $1.34; Jan 23, 2026 $1.16; Jan 30, 2026 $1.06; Feb 6, 2026 $0.90; Feb 13, 2026 $0.82; Feb 20, 2026 $0.82; Feb 27, 2026 $0.82; Mar 6, 2026 $0.54; Mar 13, 2026 $0.53; Mar 20, 2026 $0.53; Mar 27, 2026 $0.50; Apr 2, 2026 $0.48; Apr 10, 2026 $0.48; Apr 17, 2026 $0.46; Apr 24, 2026 $0.48; May 1, 2026 $0.43; May 8, 2026 $0.43; May 15, 2026 $0.42; May 22, 2026 $0.34; May 29, 2026 $0.29; Jun 5, 2026 $0.28; Jun 12, 2026 $0.27; Jun 18, 2026 $0.28; Jun 26, 2026 $0.26; Jul 2, 2026 $0.26; Jul 10, 2026 $0.25; Jul 17, 2026 $0.26; Jul 24, 2026 $0.27; Jul 31, 2026 $0.25; Aug 7, 2026 $0.24; Aug 14, 2026 $0.20; Aug 21, 2026 $0.21; Aug 28, 2026 $0.21; Sep 4, 2026 $0.19; Sep 11, 2026 $0.19; Sep 18, 2026 $0.19. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.19
Sep 11, 2026Sep 15, 2026$0.19
Sep 4, 2026Sep 9, 2026$0.19
Aug 28, 2026Sep 1, 2026$0.21
Aug 21, 2026Aug 25, 2026$0.21
Aug 14, 2026Aug 18, 2026$0.20
Aug 7, 2026Aug 11, 2026$0.24
Jul 31, 2026Aug 4, 2026$0.25
Jul 24, 2026Jul 28, 2026$0.27
Jul 17, 2026Jul 21, 2026$0.26
Jul 10, 2026Jul 14, 2026$0.25
Jul 2, 2026Jul 7, 2026$0.26

COYY Risk

How much the fund’s monthly returns vary, scaled to a year.
25.3%
Annualised · 13 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−3.30
vs 3-month T-bills · 13 months to Aug 2026
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.

The largest fall from a peak to the low that followed.
−63.0%
13 months · trough Sep 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.29
vs its asset-class index
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

Expense ratio1.07%
  • The middle half of Single-Stock Option Income funds
  • Median 1.07%

35 of the 71 Single-Stock Option Income funds charge less.

COYY costs $107.00 a year on $10,000. The median Single-Stock Option Income fund costs $107.00.