GraniteShares YieldBOOST IONQ ETF
CThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$5.29−0.02 (−0.29%)
- 1.07%
- $4M
- 0M sh
- $5.31
- low $5.29high $25.98
The ETF.net IOYY 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.C42 out of 100Rank 41 of 49Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D33 out of 100Rank 47 of 66Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 30 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.C52 out of 100Rank 41 of 72
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
- 6
- 117%
- 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.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
IOYY$7,029
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 | IOYY |
|---|---|
| Year to date | −29.7% |
| 1 month | −4.0% |
| 3 months | −14.3% |
| 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 | −29.7% | |
| 2025 | −11.5% |
IOYY in the news
IOYY Dividends
- $0.08 per share
- Weekly
Distribution data unavailable.
Distribution history
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.
- 1.28
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
1.07%
IOYY1.07%
- 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
- 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%
- CMAAYGraniteShares YieldBOOST MARA ETFExpense ratio 1.07%1 year return —
- CPLAGraniteShares Autocallable PLTR ETFExpense ratio 1.07%1 year return —
- CRGYYGraniteShares YieldBoost RGTI ETFExpense ratio 1.07%1 year return —