GraniteShares YieldBOOST IONQ ETF
$5.94+0.05 (+0.85%)
- Expense ratio
- 1.07%
- Fund size
- $4M
- 1Y return
- —
- Yield · Last 12 months
- Data unavailable
- Volume · 30D
- 0M sh
- NAV per share
- $5.90
- 52W range
The ETF.net IOYY Grade
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.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 34Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 42Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 36Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 56Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 55Category rank
Our read on IOYY
CMost single-stock income funds sell options on the stock. IOYY goes one layer up: it sells options on ETFs built to move 2x IonQ's daily change, seeking double the premium of a plain IonQ overlay, and pays monthly.
The fund seeks to generate twice the income from selling options on IonQ Inc. by selling options on leveraged ETFs designed to deliver twice the stock's daily performance.
Why people hold it
- The BOOST is literal. Premiums are harvested from options on leveraged ETFs designed to deliver twice IonQ's daily move, which is how the fund targets twice the income of a straight IonQ option overlay.graniteshares.com
- Distributions come monthly, so the option premium shows up on a set schedule rather than in unpredictable one-offs.
- At 1.07% a year, the fee sits right at the going rate for single-stock option-income funds. Unusual plumbing without an unusual markup.
- Standard 1940 Act fund wrapper with a clearly stated mandate, and it lands in the upper half of a crowded single-stock option-income field on how closely it follows that mandate.graniteshares.com
Worth knowing
- The IonQ exposure is synthetic, built from options on leveraged vehicles rather than owned shares, so the fund's path can look quite different from IonQ's own.
- One stock, one story: everything here rides on a single quantum computing name, amplified by 2x daily leverage in the options it writes against.
- A small, lightly traded fund launched in November 2025, so spreads are worth a look before you trade. Cheaper income routes exist too: KWIN runs 0.51%, XXV 0.85%.
IOYY Holdings
- Other
- —
- 101%
- US TBill 10/22/2026
IOYY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | IOYY |
|---|---|
| Year to date | −25.4% |
| 1 month | −5.0% |
| 3 months | −14.9% |
| 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 | IOYY |
|---|---|---|
| 2026 YTD | −25.4% | |
| 2025 | −11.5% |
IOYY in the news
ETF.net Research hasn’t filed on IOYY yet — coverage lands here as it’s written.
IOYY Dividends
- $0.08 per share
- Weekly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 22, 2026 | $0.08 |
| Sep 11, 2026 | Sep 15, 2026 | $0.08 |
| Sep 4, 2026 | Sep 9, 2026 | $0.08 |
| Aug 28, 2026 | Sep 1, 2026 | $0.09 |
| Aug 21, 2026 | Aug 25, 2026 | $0.09 |
| Aug 14, 2026 | Aug 18, 2026 | $0.10 |
| Aug 7, 2026 | Aug 11, 2026 | $0.10 |
| Jul 31, 2026 | Aug 4, 2026 | $0.09 |
| Jul 24, 2026 | Jul 28, 2026 | $0.12 |
| Jul 17, 2026 | Jul 21, 2026 | $0.14 |
| Jul 10, 2026 | Jul 14, 2026 | $0.14 |
| Jul 2, 2026 | Jul 7, 2026 | $0.15 |
IOYY 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.
- 1.39
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IOYY Cost
- The middle half of Single-Stock Option Income funds
- Median 1.07%
35 of the 71 Single-Stock Option Income funds charge less.