GraniteShares YieldBOOST MARA ETF
CThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$4.37−0.05 (−1.02%)
- 1.07%
- $4M
- 0M sh
- $4.40
- low $4.39high $24.89
The ETF.net MAAY 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
- 42
- This cap took
- −2
- 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.B62 out of 100Rank 24 of 49Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D27 out of 100Rank 52 of 66Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D37 out of 100Rank 58 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 MAAY
CMost single-stock income funds write options on the stock. MAAY goes one floor up: it sells options tied to a 2x leveraged MARA ETF, aiming to wring double the premium out of a bitcoin miner's volatility, and it pays monthly.
The Fund seeks to produce twice the income from selling options on MARA Holdings Inc. by using leveraged ETFs linked to twice the stock's daily performance. It also seeks capped exposure to that leveraged ETF's performance.
Why people hold it
- The premium engine runs on a 2x MARA vehicle rather than MARA shares, so income is harvested from twice the daily move. Distributions are made monthly.graniteshares.com
- Fee is 1.07%, sitting at the middle of the single-stock option-income pack rather than the pricey end.
- A 1940 Act ETF wrapper: one ticker, no margin account, no rolling your own contracts on one of the market's twitchiest miners.graniteshares.com
- Different animal from MARO, which writes on MARA directly. MAAY's reference is the leveraged version, a distinct premium and risk profile.
Worth knowing
- Upside is capped by design. You collect option premium plus a limited slice of the leveraged ETF's gains, not the full melt-up.graniteshares.com
- The downside is not capped, and the reference resets its 2x exposure daily, so choppy stretches in MARA can erode the underlying even without a clear trend.
- Launched November 2025, small and thinly traded. Spreads deserve a look and limit orders earn their keep here.
MAAY Holdings
- Other
- 6
- 110%
- US Dollars
MAAY 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.
MAAY$7,425
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 | MAAY |
|---|---|
| Year to date | −25.8% |
| 1 month | −9.3% |
| 3 months | −9.1% |
| 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 | MAAY |
|---|---|---|
| 2026 YTD | −25.8% | |
| 2025 | −27.8% |
MAAY in the news
MAAY Dividends
- $0.08 per share
- Weekly
Distribution data unavailable.
Distribution history
MAAY 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.
- 1.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MAAY Cost
1.07%
MAAY1.07%
- 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
- CGMEYYieldMax GME Option Income Strategy ETFExpense ratio 1.01%1 year return −7.5%
- CIOYYGraniteShares YieldBOOST IONQ 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 —
- CTMYYGraniteShares YieldBOOST TSM ETFExpense ratio 1.07%1 year return —