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NVYY

GradeDNASDAQ Global Market

GraniteShares YieldBOOST NVDA ETF

Single-stock strategy · Single-Stock Leveraged · GraniteShares · Inception 2025-05-13 · SEC filings

This fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.

$11.32−0.01 (−0.07%)

As of Sep 23, 2026, 3:02 PM EDT

History starts May 13, 2025.
Intraday session: down, 46 prints from 11.33 to 11.32. Range 11.31 to 11.34. Use the arrow keys to read each point.$11.31$11.33$11.3410 AM12 PM2 PM4 PM
Expense ratio
10.07%
Fund size
$26M
1Y return
+3.2%
Yield · Last 12 months
118.77%
Volume · 30D
0.1M sh
NAV per share
$11.34
52W range
low $11.24high $24.40

The ETF.net NVYY Grade

D

28/ 100

Rank 8 of 8 in 2x Long Nvidia (NVDA)

Confidence Medium

Six-pillar profile for NVYY. Scores out of 100: Cost 7, Risk 61, Mission 20, Tradability 44, Holdings not scored, Durability 52. Strongest: Risk (61). Weakest: Cost (7). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 28 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 7
    Category rank8/8 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    FScore 20
    Category rank6/6 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 61
    Category rank3/8 · top 38%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 44
    Category rank6/8 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 52
    Category rank5/8 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on NVYY

ETF.net Research

DMost NVDA products hand you the stock's move. NVYY sells put options on a 2x NVDA fund instead, collecting premium and paying it out monthly. An income wrapper bolted onto leverage, not a leveraged bet itself.

Stated mandate

The fund seeks current income through options strategies, primarily selling put options on leveraged ETFs that track a 2x Long NVDA Daily ETF.

Why people hold it

  1. 01Writes puts on a 2x NVDA fund, where option premiums run richer than on the stock itself because the underlying swings twice as hard.graniteshares.com
  2. 02Premium is harvested inside a plain 1940 Act ETF and distributed monthly. No options account, no margin agreement, no K-1 at tax time.graniteshares.com
  3. 03GraniteShares also runs NVDL, the 2x NVDA fund this strategy writes options against, so both legs of the trade sit under one roof.graniteshares.com

Worth knowing

  1. 01Running costs of 10.07% a year sit far above the direct 2x NVDA funds (NVDU at 0.92%, NVDL at 1.05%). The income stream has a high bar to clear.
  2. 02Put selling trades away the rally: gains are limited to the premium collected, while a sharp NVDA fall still reaches you through a 2x underlying.
  3. 03Monthly payouts can include return of capital, meaning part of a distribution may be your own money handed back. The fund launched in 2025.graniteshares.com

NVYY Holdings

As of Sep 21, 2026, 4:07 AM
Asset class
Other
Holdings
Top-10 weight
100%
Largest holding
US Dollars42.7%

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001US Dollars42.68%11,620,625$12M85
002US TBill 10/22/202632.94%9,000,000$9M31
003US TBill 02/04/202724.59%6,800,000$7M26
0042NVDL 09/23/2026 P29.150.08%3,880$21K1
0052NVDL 09/21/2026 P28.400.02%3,000$5K1
0062NVDL 09/18/2026 P30.420.01%1,977$3K1

Showing 1–6 of 6 holdings

NVYY Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

NVYY$10,319
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. NVYY $10,319. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for NVYY. Periods over one year show the average yearly return.
PeriodNVYY
Year to date−0.0%
1 month−1.9%
3 months−3.8%
1 year+3.2%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for NVYY
YearReturn barNVYY
2026 YTD−0.0%
2025+31.8%

Since listing, May 13, 2025

NVYY in the news

ETF.net Research hasn’t filed on NVYY yet — coverage lands here as it’s written.

NVYY Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
118.77%Last 12 months
Payout per share
$13.45Last 12 months
Last payment
$0.09 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Weekly

Distribution history

2026

One bar per payment. 38 payments in 2026 YTD. Jan 2, 2026 $0.35; Jan 9, 2026 $0.37; Jan 16, 2026 $0.34; Jan 23, 2026 $0.35; Jan 30, 2026 $0.33; Feb 6, 2026 $0.32; Feb 13, 2026 $0.32; Feb 20, 2026 $0.32; Feb 27, 2026 $0.33; Mar 6, 2026 $0.29; Mar 13, 2026 $0.30; Mar 20, 2026 $0.23; Mar 27, 2026 $0.23; Apr 2, 2026 $0.21; Apr 10, 2026 $0.21; Apr 17, 2026 $0.23; Apr 24, 2026 $0.21; May 1, 2026 $0.21; May 8, 2026 $0.21; May 15, 2026 $0.21; May 22, 2026 $0.21; May 29, 2026 $0.13; Jun 5, 2026 $0.13; Jun 12, 2026 $0.13; Jun 18, 2026 $0.13; Jun 26, 2026 $0.12; Jul 2, 2026 $0.12; Jul 10, 2026 $0.12; Jul 17, 2026 $0.11; Jul 24, 2026 $0.11; Jul 31, 2026 $0.11; Aug 7, 2026 $0.11; Aug 14, 2026 $0.09; Aug 21, 2026 $0.09; Aug 28, 2026 $0.09; Sep 4, 2026 $0.09; Sep 11, 2026 $0.09; Sep 18, 2026 $0.09. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.09
Sep 11, 2026Sep 15, 2026$0.09
Sep 4, 2026Sep 9, 2026$0.09
Aug 28, 2026Sep 1, 2026$0.09
Aug 21, 2026Aug 25, 2026$0.09
Aug 14, 2026Aug 18, 2026$0.09
Aug 7, 2026Aug 11, 2026$0.11
Jul 31, 2026Aug 4, 2026$0.11
Jul 24, 2026Jul 28, 2026$0.11
Jul 17, 2026Jul 21, 2026$0.11
Jul 10, 2026Jul 14, 2026$0.12
Jul 2, 2026Jul 7, 2026$0.12

NVYY Risk

How much the fund’s monthly returns vary, scaled to a year.
21.0%
Annualised · 15 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.99
vs 3-month T-bills · 15 months to Aug 2026
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.

The largest fall from a peak to the low that followed.
−14.8%
16 months · trough Mar 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.77
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

NVYY Cost

Expense ratio10.07%
  • The middle half of 2x Long Nvidia (NVDA) funds
  • Median 1.02%

Every other 2x Long Nvidia (NVDA) fund charges less.

NVYY costs $1007.00 a year on $10,000. The median 2x Long Nvidia (NVDA) fund costs $102.00.