GraniteShares YieldBOOST CRWV ETF
CThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$14.37−0.18 (−1.24%)
- 1.07%
- $1M
- 0M sh
- $14.51
- low $14.52high $25.64
The ETF.net CWY Grade
C
Score 40 out of 100
- 41 of 72
Score 40 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.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 40
- This cap took
- −0
- Published Score
- 40
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.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B58 out of 100Rank 25 of 66Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D35 out of 100Rank 60 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.C42 out of 100Rank 52 of 72
Our read on CWY
CMost single-stock income funds write calls on the stock. CWY flips it: it sells put spreads on a 2x leveraged CoreWeave ETF, mining the fatter premiums leverage creates, and pays the proceeds out weekly.
The fund seeks to generate twice the income from selling options on CoreWeave, Inc.’s common stock by selling options on leveraged ETFs designed to deliver twice the stock’s daily performance. It may also gain capped exposure to the leveraged ETF.
Why people hold it
- The engine is volatility, not dividends. Options on a 2x CoreWeave ETF carry richer premiums than options on the shares, and selling that premium is the whole job.graniteshares.com
- Downside is defined rather than open-ended: the YieldBOOST design pairs a sold near-the-money put with a purchased further out-of-the-money put.graniteshares.com
- The fund itself carries no leverage. The 2x lives in the ETF whose options it writes, which is where the premium comes from.graniteshares.com
- Income arrives weekly, not quarterly, which is unusually frequent even among single-stock option-income funds.graniteshares.com
Worth knowing
- Upside is capped by design. Exposure to the leveraged ETF is subject to a cap on gains, so a big CoreWeave run mostly passes the fund by while the drawdowns do not.graniteshares.com
- 1.07% a year is at the expensive end of the ETF world, the cost of running a weekly options book on one of the market's jumpier names.
- Distributions can include return of capital, meaning part of a payout may be your own money handed back rather than earnings.
CWY Holdings
- Other
- 5
- 105%
- US Dollars
CWY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
CWY$9,391
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 | CWY |
|---|---|
| Year to date | — |
| 1 month | −0.7% |
| 3 months | −6.1% |
| 1 year | — |
| 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 | CWY |
|---|---|---|
| 2026 YTD | −13.1% |
CWY in the news
CWY Dividends
- $0.23 per share
- Weekly
Distribution data unavailable.
Distribution history
CWY Risk
- —
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.
- —
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.
- —
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.
- 0.36
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CWY Cost
1.07%
CWY1.07%
- 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
- CBBYYGraniteShares YieldBOOST BABA ETFExpense ratio 1.07%1 year return —
- CCRYGraniteShares YieldBOOST CRCL ETFExpense ratio 1.07%1 year return —
- CDRAYYieldMax DKNG Option Income Strategy ETFExpense ratio 1.03%1 year return −40.0%
- CGMEYYieldMax GME Option Income Strategy ETFExpense ratio 1.01%1 year return −7.5%
- CIOYYGraniteShares YieldBOOST IONQ ETFExpense ratio 1.07%1 year return —