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CRY

GradeCNASDAQ

GraniteShares YieldBOOST CRCL ETF

Single-stock strategy · Option Income · GraniteShares · Inception 2026-04-28 · SEC filings

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

$16.76−0.10 (−0.56%)

As of Sep 23, 2026, 3:02 PM EDT

History starts Apr 28, 2026.History starts Apr 28, 2026.History starts Apr 28, 2026.
Intraday session: down, 37 prints from 16.86 to 16.76. Range 16.70 to 16.91. Use the arrow keys to read each point.$16.70$16.80$16.85$16.9010 AM12 PM2 PM4 PM
Expense ratio
1.07%
Fund size
$2M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$16.82
52W range
low $16.75high $25.93

The ETF.net CRY Grade

C

40/ 100

Rank 38 of 72 in Single-Stock Option Income⁠

Confidence Medium

Six-pillar profile for CRY. Scores out of 100: Cost 34, Risk 68, Mission not scored, Tradability 49, Holdings not scored, Durability 44. Strongest: Risk (68). Weakest: Cost (34). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned46This cap took−6Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 34
    Category rank43/72 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 68
    Category rank17/65 · top 26%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 49
    Category rank43/72 · mid-pack

  • 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.
    CScore 44
    Category rank50/72 · mid-pack

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on CRY

ETF.net Research

CMost single-stock income funds write calls on the stock. CRY goes the other way: it sells puts on a 2x CRCL ETF, harvesting premium priced off leveraged Circle volatility, with its upside in that leveraged ETF capped.

Stated mandate

CRY seeks option-generated income, primarily by selling put options on leveraged ETFs tracking a 2x CRCL ETF. It also seeks exposure to that leveraged ETF, with gains subject to a cap.

Why people hold it

  1. 01The YieldBOOST twist: rather than covered calls on Circle shares, it writes puts on a leveraged ETF tracking 2x CRCL, so the premium it collects is priced off amplified volatility.graniteshares.com
  2. 02The 1.07% fee sits right at the median for single-stock option-income funds, so the unusual mechanism does not carry a premium price tag.
  3. 03Plain 1940 Act ETF wrapper: daily holdings disclosure and a 1099 at tax time, not a K-1.graniteshares.com

Worth knowing

  1. 01Asymmetric by construction: gains on the leveraged-ETF exposure are capped, while the written puts leave the fund exposed to drops in a 2x wrapper on a volatile stock.graniteshares.com
  2. 02The fund discloses that distributions can include return of capital, meaning part of a payout may be your own money coming back rather than income earned.graniteshares.com
  3. 03A 2026 launch, still small and thinly traded, and in the lower half of its peer group. CRCO reaches the same Circle exposure for a slightly lower fee.

CRY Holdings

As of Sep 21, 2026, 4:06 AM
Asset class
Other
Holdings
—
Top-10 weight
121%
Largest holding
US Dollars45.6%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—US Dollars45.58%756,912$757K85
002—US TBill 02/04/202735.57%600,000$591K26
003—US TBill 10/22/202624.00%400,000$399K31
004—2CRCA 09/21/2026 P23.1314.11%550$234K1
005—2CRCA 09/18/2026 P20.121.68%210$28K1

Showing 1–5 of 5 holdings

CRY Performance

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

CRY$9,845
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. CRY $9,845. SPY $10,415. Use the arrow keys to read each point.$8,769$9,672$10,574Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – 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 CRY. Periods over one year show the average yearly return.
PeriodCRY
Year to dateFund launched this year—
1 month+3.1%
3 months−1.6%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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 CRY
YearReturn barCRY
2026 YTD−2.4%

Since listing, Apr 28, 2026

CRY in the news

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

CRY 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
$0.27 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. 21 payments in 2026 YTD. May 1, 2026 $0.46; May 8, 2026 $0.48; May 15, 2026 $0.48; May 22, 2026 $0.46; May 29, 2026 $0.41; Jun 5, 2026 $0.40; Jun 12, 2026 $0.40; Jun 18, 2026 $0.39; Jun 26, 2026 $0.38; Jul 2, 2026 $0.35; Jul 10, 2026 $0.33; Jul 17, 2026 $0.33; Jul 24, 2026 $0.33; Jul 31, 2026 $0.31; Aug 7, 2026 $0.27; Aug 14, 2026 $0.27; Aug 21, 2026 $0.29; Aug 28, 2026 $0.28; Sep 4, 2026 $0.28; Sep 11, 2026 $0.29; Sep 18, 2026 $0.27. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.27
Sep 11, 2026Sep 15, 2026$0.29
Sep 4, 2026Sep 9, 2026$0.28
Aug 28, 2026Sep 1, 2026$0.28
Aug 21, 2026Aug 25, 2026$0.29
Aug 14, 2026Aug 18, 2026$0.27
Aug 7, 2026Aug 11, 2026$0.27
Jul 31, 2026Aug 4, 2026$0.31
Jul 24, 2026Jul 28, 2026$0.33
Jul 17, 2026Jul 21, 2026$0.33
Jul 10, 2026Jul 14, 2026$0.33
Jul 2, 2026Jul 7, 2026$0.35

CRY Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Apr 2026; fills in after 12 months
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.
—
Launched Apr 2026; fills in after 12 months
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.
—
Launched Apr 2026; fills in after 12 months
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.
1.40
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.

CRY 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.

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