ETF Filings
Aptus files the Aptus Nasdaq-100 Enhanced Yield ETF, JUCQ, targeting distributions of 5% to 12%
Graniteshares YieldBOOST 20Y+ Treasuries ETF
The ETF.net FIYY Grade
F
Score 20 out of 100
- 14 of 14
Score 20 of 100 falls in the F 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
- 20
- This cap took
- 0
- Published Score
- 20
Cost
The fund’s net expense ratio, ranked against its category.F1 out of 100Rank 14 of 14Mission
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.D31 out of 100Rank 10 of 14Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F16 out of 100Rank 14 of 14Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B65 out of 100Rank 3 of 13Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D28 out of 100Rank 12 of 14
Our read on FIYY
In short
FMost Treasury option-income funds sell options on bonds. FIYY sells them on a 3x leveraged Treasury ETF, chasing three times the premium of a plain 20+ year Treasury overlay, with its own upside capped.
Stated mandate
The fund seeks to earn three times the income produced by selling options on the ICE U.S. Treasury 20+ Year Bond Index, using options on leveraged ETFs targeting three times the index’s daily performance. It also seeks exposure to that leveraged ETF, subject to a gain cap.
Why people hold it
Worth knowing
FIYY Holdings
- Bonds
- 4
- 100%
- US Dollars
Geography
- United States100.00%
FIYY 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.
FIYY$10,025
Returns run to the Oct 30, 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 | FIYY |
|---|---|
| Year to date | |
| 1 month | +2.8% |
| 3 months | +0.2% |
| 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 | FIYY |
|---|---|---|
| 2026 YTD | −2.5% |
FIYY in the news
FIYY Dividends
- $0.0091 per share
- Weekly
Distribution data unavailable.
FIYY 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.
- 0.12
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
FIYY Cost
Overpaying vs TLTW, cheapest in Treasury Option Income
$14,417
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FIYY 1.18%
$21,543
TLTW 0.35% Cheapest
$7,126
Cost over time
Year by year
| Year | FIYY | TLTW | Overpaying |
|---|---|---|---|
| 10 | $2,065 | $634 | $1,431 |
| 20 | $7,697 | $2,454 | $5,243 |
| 30 | $21,543 | $7,126 | $14,417 |
You pay 1.18%Waived by GraniteShares 13.27%
Full fee 14.45% waiver 13.27% you pay 1.18%
Other funds in Treasury Option Income
- CDEFRAptus Deferred Income ETFExpense ratio 0.79%1 year return +0.4%
- CLQDMAmplify LQD Investment Grade 12% Target Income ETFExpense ratio 0.54%1 year return
- DFIAXNicholas Fixed Income Alternative ETFExpense ratio 0.97%1 year return +3.7%
- DHYGMAmplify HYG High Yield 10% Target Income ETFExpense ratio 0.79%1 year return
- DLTTIFT Vest 20+ Year Treasury & Target Income ETFExpense ratio 0.65%1 year return −5.3%
